2024-08-15T17:10:11-04:00 2023-03-31 660479116 JLM & CO LLP PO BOX 190476 SAN JUAN PR 009190476 990 2022-04-01 660644042 ESTANCIAS PRESBITERIANAS DEL ANGEL ESTA 7877598038 PO BOX 142 MAYAGUEZ PR 006810142 EDUARDO MIRANDA PRESIDENT 7877598038 2024-08-13 true false JOSE LUIS MENDOZA P01424908 7877646365 2024-08-15 2022 2024-08-08 14:25:15Z EDUARDO MIRANDA PO BOX 142 MAYAGUEZ PR 00681 725464 false X N/A X 2004 PR THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR ELDERLY AND OR PHYSICALLY IMPAIRED FAMILIES LOCATED IN HORMIGUEROS, PUERTO RICO. THE PROJECT RECEIVED HUD ASSITANCE PAYMENTS UNDER SECTION 202 (PRAC) 9 4 9 0 0 687429 717467 357 503 22167 7494 709953 725464 0 0 120429 117642 0 0 840126 899324 960555 1016966 -250602 -291502 8137100 7823544 160507 138453 7976593 7685091 X false false 1016966 725464 N/A 1016966 725464 576678 1016966 725464 440288 true false false false false false 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 true X 0 0 false 9 false false true RQ false false false false false false false false false false false false false false false X 9 4 false true false false true true true true true false false true true true false true true false false false X COMBINED BUILDING & CONSULTANT INC 7877598038 PO BOX 366287 MAYAGUEZ PR 00681 X EDUARDO MIRANDA PRESIDENT 8.00 X 0 0 0 LUIS A CRUZ MARTIN VICE PRESIDE 8.00 X 0 0 0 RAFAEL MONTALVO-SEDA TREASURER 8.00 X 0 0 0 MIGDALIA ARVELO-MARTELL SECRETARY 8.00 X 0 0 0 false false false TENANT ASSISTANCE HUD 531110 584669 584669 TENANT RENT 531110 128263 128263 SPECIAL CLAIM FOR VACANCIES 531110 4535 4535 717467 503 503 LAUNDRY INCOME 531110 7494 7494 7494 725464 725464 91095 173 90922 15221 29 15192 11326 22 11304 64167 64167 18792 18792 3569 3569 898 898 329636 329636 74577 74577 MAINTENANCE SERV CONTRACT 141646 141646 SECURITY CONTRACT 86419 86419 UTILITIES 77748 77748 VEHICLE AND EQUIPMENT 35411 35411 66461 24263 42198 1016966 440288 576678 0 308630 233375 140 30909 38673 35103 11765784 4241627 7789657 7524157 8137100 7823544 139627 105098 20880 33355 160507 138453 X 7976593 7685091 7976593 7685091 8137100 7823544 -291502 X false true X true true true X 0 725464 0.00000 X 322600 322600 10829368 3736129 7093239 613816 505498 108318 7524157 MANAGEMENT FEE PAYABLE 16995 TENANT SECURITY DEPOSIT PAYABLE 16360 33355 725464 725464 725464 1016966 1016966 1016966 FORM 990, PAGE 2, PART III, LINE 4D 576678 FORM 990, PART V, LINE 4B PUERTO RICO FORM 990, PAGE 6, PART VI, LINE 3 SEE STATEMENT FORM 990, PAGE 6, PART VI, LINE 6 PT VI, LINE 3: THE ENTITY IS OPERATED BY A MANAGEMENT AGENT, COMBINED BUILDING & CONSULTANT, INC. THE FEES RECEIVED BY MANAGEMENT AGENT ARE APPROVED BY HUD. FORM 990, PAGE 6, PART VI, LINE 7A PT VI, LINE 7A: THE VACANCY IN GOVERNING BODY ARE ELECTED BY OTHER MEMBERS OF THE BODY. FORM 990, PAGE 6, PART VI, LINE 7B PT VI, LINE 8A: DURING THE MEETING OF THE GOVERNING BODY THE SECRETARY TAKES MINUTES. THESE MINUTES ARE APPROVED IN THE NEXT MEETING. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990, PART VI, LINE 11B- GOVERNING BODY VERIFY FORM 990 PREPARED BY THE EXTERNAL AUDITORS. PT VI, LINE 12C: THE PROJECT IS REGULATED BY HUD WITH RESPECT TO THE RENTAL CHARGES AND OPERATING METHODS. THE OPERATION OF THE PROJECT IS MONITORING BY GOVERNING BODY. THE GOVERNING BODY RECEIVED COUNSELING FROM THE MANAGEMENT AGENT ABOOUT PROJECT OPERATIONS. PT VI, LINE 19: THE CORPORATION IS EXEMPT FROM FEDERAL TAXATION UNDER SECTION 501 (C) 3 OF IRS CODE. HUD REQUIRES ANNUAL AUDITED FINANCIAL STATEMENT FOR THE YEAR THEN ENDED. THE FINANCIAL STATEMENTS ARE ELECTRONICALLY SUBMITTED TO REAC EACH YEAR. THE MAJOR CATEGORIES OF ASSETS, LIABILITIES AND EQUITY ARE REPORTED IN THE ANNUAL REPORT TO THE DEPARMENT OF STATE OF PUERTO RICO AND ANY PERSON INTERESTED HAVE ACCESS TO THE ANNUAL REPORT. PT VII, COL (E): THE PROJECT AGREEMENT STIPULATED THAT THE PROJECT WILL NOT MAKE ANY DISTRIBUTION OF ASSETS OR INCOME TO ANY OF OFFICERS OR MEMBERS. THE OFFICER'S DON'T RECEIVED ANY COMPENDATION. PT VI, LINE 1A: THE GOVERNING BODY IS COMPOSED OF 5 MEMBERS AND 4 OFFICERS. THE OFFICER'S AND MEMBERS DON'T RECEIVED ANY COMPENSATION. PT VIII: THE PRINCIPAL REVENUE IS PROVIDED BY HUD TENANT ASSISTANCE PROGRAM UNDER SECTION 8 PRAC CONTRACT & RENTAL FROM TENANTS. PT XII, LINE 3B: HUD REQUIRED AUDITED FINANCIAL STATEMENTS FOR ALL PROGRAMS. PT VI, LINE 1A: THE GOVERNING BODY CONSIST OF 5 MEMBERS AND 4 OFFICERS. PT VI, LINE 3: THE ENTITY IS OPERATED BY MANAGEMENT AGENT, COMBINED BUILDING & CONSULTANT, INC. THE FEES RECEIVED BY MANAGEMENT AGENT ARE APPROVED BY HUD. PT VI, LINE 11B: THE FINANCIAL STATEMENT AND INCOME TAX RETURNS ARE APPROVED BY THE CONTROLLER OF THE MANAGEMENT AGENT BEFORE THE FILING. AFTER AUDIT PARTNER IN CHARGE, EXPLAINED THE FINANCIAL STATEMENTS AND RETURN TO THE GOVERNING BODY. PT VI, LINE 12C: ANNUALLY THE GOVERNING BODY CERTIFIED THAT THEY DON'T HAVE ANY RELATIONSHIP WITH VENDORS, OR ANY OTHER ENTITY PROVIDING SERVICE TO THE PROJECT. PT V, LINE 14B: THE OFFICERS AND MEMBERS DOES NOT RECEIVED ANY COMPENSATION FOR THEIR WORK. PT VI, LINE 7A: THE VACANCY IN GOVERNING BODY ARE ELECTED BY OTHER MEMBERS OF THE BODY. PT, LINE 18: THE FINANCIAL STATEMENTS ARE ELECTRONICALLY SUBMITTED TO REAC EACH YEAR. ALSO THE PROJECT FILE THE ANNUAL CORPORATE STATE REPORT WHICH INCLUDE THE BALANCE SHEET OF THE CORPORATION. PT VI, LINE 15A: THE OFFICERS AND DIRECTORS DOES DOT RECEIVED ANY COMPENSATION. PR VI, LINE 6: THE GOVERNING BODY COMMITEE MEETS ONLY WHEN SPECIAL PROJECTS HAS TO BE CONSIDERED BY THE GOVERNING BODY BEFORE TAKES THEIR FINAL DETERMINATION. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICT POLICY PT VI, LINE 12C: ANNUALLY THE GOVERNING BODY CERTIFIED THAT THEY DON'T HAVE ANY RELATIONSHIP WITH VENDORS OR ANY OTHER ENTITY PROVIDED SERVICE TO THE PROJECT. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION NO DOCUMENTS WERE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC