Comite De Bienestar Inc
- Assets
- $20.9m
- Revenue
- $8.4m
- Investments
- $3.1m
- Employees
- 53
- Location
- San Luis, AZ
- Founding
- 01/1984
- Data as of
- 12/2021
- EIN
- 86-0427342
Organization Overview
Comite De Bienestar Inc is located in San Luis, AZ. The organization was established in 1984. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Comite DE Bienestar Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comite DE Bienestar Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Comite DE Bienestar Inc generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $7.2m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMITE DE BIEN ESTAR, INC. STRIVES TO ENHANCE THE ECONOMIC AND SOCIAL WELL-BEING OF THE COMMUNITY THROUGH COOPERATIVE LAND DEVELOPMENT, HOUSING, LENDING AND SERVICE PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND DEVELOPMENT PROJECTS, LOW INCOME HOUSING, COMMUNITY CLASSES AND ACTIVITIES, AND RURAL DEVELOPMENT SELF-HELP HOUSING PROGRAM. HOUSING COUNSELING AND FINANCIAL LITERACY CLASSES - IMPORTANT WE ARE A HUD-APPROVED COUNSELING AGENCY.
CHILD NUTRITION PROGRAM PROVIDES TRAINING IN NUTRITION & REIMBURSES PARTICIPATING HOME DAYCARE PROVIDERS FOR MEALS SERVED TO THE CHILDREN WHILE IN THEIR CARE.
AFFORDABLE HOUSING APARTMENT COMPLEX MANAGEMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco Antonio Reyes Executive Director | Officer | 40 | $211,043 |
Gary Black Deputy Director | 40 | $120,590 | |
Vicente Zamora Director | Trustee | 3 | $20,841 |
George Guerrero Chairman | OfficerTrustee | 3 | $2,641 |
Jose I Gonzalez Treasurer | OfficerTrustee | 3 | $2,641 |
Edna Lopez Secretary | OfficerTrustee | 3 | $2,641 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evans Custom Concrete Llc Concrete | 12/30/21 | $490,062 |
Desert Excavating Inc Water And Sewer Lines Services | 12/30/21 | $342,000 |
Vega And Vega Engineering Plc Consulting Services | 12/30/21 | $138,361 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,932,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,985 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,026,203 |
| Total Program Service Revenue | $1,331,550 |
| Investment income | $2,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,980,321 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,413,833 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $247,730 |
| Compensation of current officers, directors, key employees. | $247,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,111,315 |
| Pension plan accruals and contributions | $50,644 |
| Other employee benefits | $827,924 |
| Payroll taxes | $116,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,835 |
| Fees for services: Accounting | $65,824 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,606 |
| Advertising and promotion | $54,133 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,888 |
| Travel | $11,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,315 |
| Interest | $453,978 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,141 |
| Insurance | $166,154 |
| All other expenses | $344,435 |
| Total functional expenses | $7,206,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,869 |
| Savings and temporary cash investments | $1,605,264 |
| Pledges and grants receivable | $302,308 |
| Accounts receivable, net | $254,333 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $60,041 |
| Inventories for sale or use | $5,830,281 |
| Prepaid expenses and deferred charges | $93,407 |
| Net Land, buildings, and equipment | $3,000,386 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,127,870 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,525,096 |
| Total assets | $20,869,855 |
| Accounts payable and accrued expenses | $2,250,225 |
| Grants payable | $0 |
| Deferred revenue | $121,210 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,348,630 |
| Unsecured mortgages and notes payable | $37,058 |
| Other liabilities | $369,263 |
| Total liabilities | $9,126,386 |
| Net assets without donor restrictions | $10,777,484 |
| Net assets with donor restrictions | $965,985 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,869,855 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Comite De Bienestar Inc has recieved totaling $427,674.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $267,000 |
Community Resources & Housing Development Corporation Westminster, CO PURPOSE: PASS THRU GRANTS | $84,528 |
Rural Community Assistance West Sacramento, CA PURPOSE: Housing Counseling | $76,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |
Gold Country Health Center Long Beach, CA | $19,361,618 | $12,370,038 |
Cedars Of Marin Ross, CA | $26,628,733 | $13,893,559 |
Lao Family Community Development Inc Oakland, CA | $30,841,682 | $12,715,331 |