2024-05-14T16:18:51-04:00 2023-06-30 660388756 RSM PUERTO RICO PO BOX 10528 SAN JUAN PR 009220528 990 2022-07-01 660891535 INVEST PUERTO RICO INC INVE 7876495713 200 CONVENTION BLVD THE HUB STE 301 SAN JUAN PR 00907 ASTRID NAVARRO CFO 7876495713 2024-05-14 true ASTRID NAVARRO XXX-XX-XXXX false RAFAEL DE ROJAS SANCHEZ P01034935 7877516164 2024-05-14 2022 2023-04-26 12:10:37Z MANUEL CIDRE 200 CONVENTION BLVD THE HUB STE 301 SAN JUAN PR 00907 8077537 false X HTTPS://WWW.INVESTPR.ORG/ X 2017 THE MISSION OF THE ORGANIZATION IS TO PROMOTE PUERTO RICO AS A COMPETITIVE INVESTMENT JURISDICTION TO ATTRACT NEW BUSINESS AND CAPITAL INVESTMENT TO THE ISLAND. 11 0 23 0 16363228 8062964 0 9160 14573 2110 0 16374498 8077537 0 0 2453837 2042514 0 0 11222282 6273037 13676119 8315551 2698379 -238014 9043861 12023264 1111954 8371915 7931907 3651349 X THE MISSION OF THE ORGANIZATION IS TO PROMOTE PUERTO RICO AS A COMPETITIVE INVESTMENT JURISDICTION TO ATTRACT NEW BUSINESS AND CAPITAL INVESTMENT TO THE ISLAND. false false SEE SCHEDULE O SEE SCHEDULE O SEE SCHEDULE O 6708827 . 6708827 6708827 true false false false false true false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 false 23 true false false false false false false false false X 11 0 false false false false false true false true true false false false true true true false true false false false X ASTRID NAVARRO 7879667642 200 CONVENTION BOULEVARD SUITE 301 SAN JUAN PR 00907 X MANUEL CIDRE CHAIRMAN 1.00 X 0 0 0 JAMES R COLLINS TREASURER 1.00 X 0 0 0 CHRISTIAN GONZALEZ VICE CHAIRMA 0.50 X 0 0 0 BRENDA MARRERO SECRETARY 0.50 X 0 0 0 OMAR MARRERO MEMBER 0.50 X 0 0 0 HUMBERTO MERCADER MEMBER 1.00 X 0 0 0 FEDERICO SANCHEZ MEMBER 0.50 X 0 0 0 JENNIFER STORIPAN MEMBER 0.50 X 0 0 0 ALBERTO TORO MEMBER 1.00 X 0 0 0 KATHRYN WYLDE MEMBER 0.50 X 0 0 0 false false false DEVELOPMENT COUNSELLORS INTERNATIONAL LTD 215 PARK AVE SOUTH 14TH FLOOR NEW YORK NY 10003 MEDIA 1256062 NEW LAB LLC 19 MORRIS AVENUE BROOKLYN NY 11205 CONSULTING 565000 WUNDERMAN THOMPSON PUERTO RICO INC PO BOX 2125 SAN JUAN PR 00920 MEDIA 230376 WATAUGA GROUP LLC 1501 W COLONIAL DR ORLANDO FL 32804 MEDIA 212405 SOUND DIPLOMACY LIMITED CONSULTING 130000 5 8020176 42788 8062964 14573 14573 8077537 14573 1882045 1754525 127520 160469 2156 158313 66519 66519 87511 87511 501807 107557 394250 1863412 1863412 56721 9450 47271 231941 191164 40777 39201 38766 435 225591 225591 163116 20563 142553 EVENTS & PROMOTIONS 2294573 2292232 2341 OTHER EXPENSES 480768 334537 146231 DUES & SUBSCRIPTIONS 98071 86371 11700 REPAIRS & MAINTENANCE 51020 51020 112786 8094 104692 8315551 6708827 1606724 0 7338663 10513077 637009 99117 126840 81418 1800293 470641 911031 1329652 30318 9043861 12023264 1111954 821880 6936833 613202 1111954 8371915 X 7931907 3651349 7931907 3651349 9043861 12023264 -238014 -4042544 X false true X true false X 5179088 16363228 8062964 29605280 5179088 16363228 8062964 29605280 29605280 7180 9160 14573 30913 65000 2110 67110 29703303 X PART II, LINE 10 67,110 false false 796983 169915 627068 66427 22350 44077 936883 278376 658507 1329652 LEASE LIABILITY 613202 613202 8077537 8077537 8077537 8315551 8315551 8315551 FORM 990, PAGE 2, PART III, LINE 4D . FORM 990, PART VI THE RETURN IS PREPARED BY RSM PUERTO RICO (EXTERNAL AUDITORS AND TAX ADVISORS) AND THE INFORMATION REPORTED IN THE RETURN IS PROVIDED BY MANAGEMENT OF INVEST PUERTO RICO INC. DURING THE PREPARATION OF THE RETURN, RSM PUERTO RICO AND MANAGEMENT ARE IN CONSTANT COMMUNICATION SHARING AND CONFIRMING THE INFORMATION OF THE RETURN. THE RETURN IS PROVIDED TO THE ORGANIZATION'S MANAGEMENT FOR FINAL REVIEW PRIOR TO FILING WHEN THE RETURN IS FINALIZED. FORM 990, PAGE 6, PART VI, LINE 7A THE COMPANY CONTRACTS AN INDEPENDENT COMPENSATION CONSULTANT TO HELP HIRE AND DETERMINE THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. THE ORGANIZATION ALSO USES COMPENSATION SURVEYS OF THE COMPENSATION DATA OF SIMILAR ORGANIZATIONS. THE BOARD APPROVES THE COMPENSATION FOR THE KEY EMPLOYEES AND OFFICERS AND IN SOME INSTANCES A WRITTEN EMPLOYMENT CONTRACT IS SIGNED. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 12C AT THE MOMENT OF HIRING THE EMPLOYEE, THE EMPLOYEE SIGNS A DOCUMENT CERTIFYING THAT THEY RECEIVED THE CONFLICT OF INTEREST POLICY. IF ANY OF THE POLICY'S STANDARDS ARE VIOLATED BY ANY EMPLOYEE, THE ORGANIZATION TAKES THE CORRESPONDING DISCIPLINARY ACTION, WHICH MAY INCLUDE IMMEDIATE DISMISSAL OF THE EMPLOYEE FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC