2024-07-11T10:43:43-07:00 2023-09-30 660623142 FERNANDEZ VALDIVIA & COMPANY PSC PO BOX 10083 SAN JUAN PR 009220083 990 2022-10-01 660537554 RYDER VILLAGE INC RYDE 7878520768 PO BOX 859 HUMACAO PR 009720859 JOSE R FELICIANO EXECUTIVE DIRECTOR 7878520768 2024-07-11 1 JOSE R FELICIANO 999009999 1 Juan Luis Fernandez P01453037 7872965693 2024-07-11 1 11 0 AAL2 2022 2023-04-26 12:10:37Z JOSE R FELICIANO PO BOX 859 HUMACAO PR 009720859 392620 0 X X 1996 PR TO PROVIDE RENT HOUSING TO ELDERLY INDIVIDUALS. THE PROJECT HAS 35 UNITS. 5 5 6 0 0 0 301066 345112 39711 44284 126 331 2421 2893 343324 392620 0 0 0 0 146110 114552 0 0 0 273817 372219 419927 486771 -76603 -94151 1437280 1340868 47412 51147 1389868 1289721 TO PROVIDE RENT HOUSING TO ELDERLY INDIVIDUALS. THE PROJECT HAS 35 UNITS FOR THIS PURPOSE. 0 0 400279 0 44284 THE PROJECT IS A 35 UNIT APARTMENT FACILITY FOR ELDERLY PERSONS LOCATED IN HUMACAO, PUERTO RICO. IT IS OPERATED UNDER SECTION 811 OF THE NATIONAL HOUSING ACT OF 1990 AND REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. DURING THE YEAR THE AVERAGE PERCENTAGE OF OCCUPANCY WAS 85.7%. 0 0 0 400279 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 6 1 0 1 RQ 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 PR X RYDER MEMORIAL HOSPITAL INC 7878520768 PO BOX 859 HUMACAO PR 009720859 CARMEN ALBINO DIRECTOR 2 X 0 0 0 ESTHER ALEMAN SECRETARY 4 X 0 0 0 JUAN MENDEZ PRESIDENT 4 X 0 0 0 CARMEN GARCIA VICE PRESIDENT 4 X 0 0 0 PEDRO DIAZ TREASURER 4 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 345112 0 0 345112 PROGRAM SERVICE - RENT 531110 44284 44284 0 0 0 0 0 0 44284 331 0 0 331 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY & VENDING MACHINES 722330 2893 2893 0 0 0 0 0 0 2893 392620 47177 0 331 X 95367 38682 56685 5883 2940 2943 13302 13302 28216 28216 12673 12673 76709 76709 204 204 7809 7809 54121 54121 86188 86188 23133 23133 Maintenance Contract 76783 76783 0 0 OTHER EXPENSES 6383 205 6178 0 486771 400279 86492 0 35420 100 55150 58588 1577 22233 6098 5633 2918792 1664478 1339035 1254314 1437280 1340868 41376 44264 6036 6883 47412 51147 X 1389868 1289721 0 0 1389868 1289721 1437280 1340868 X -94151 0 0 0 -5996 0 X 0 1 X 1 1 1 X 239570 255922 274413 301066 345112 1416083 0 0 0 0 0 0 0 0 0 0 0 0 239570 255922 274413 301066 345112 1416083 1416083 0 0 0 0 0 0 81 86 115 126 331 739 43610 7253 96026 2421 2893 152203 1569025 0.90252 0.89925 X Schedule A, Part II, Line 10 LAUNDRY & VENDING MACHINES 0 23359 23359 0 2761480 1664478 1097002 0 0 0 0 0 133953 0 133953 0 0 0 0 1254314 0 TENANT DEPOSITS 6883 6883 392620 0 0 0 0 0 392620 0 0 0 392620 486771 0 0 0 0 0 486771 0 0 0 486771 Form 990, Part VI, Section A, Line 6 THE ORGANIZATION HAS MEMBERS. Form 990, Part VI, Section A, Line 7a MEMBERSHIP IN THE BOARD OF DIRECTORS SHALL BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF THE BOARD OF DIRECTORS OF RYDER MEMORIAL HOSPITAL, INC. OR NON-MEMBERS WHO HAVE THE APPROVAL OF SAID SPONSORING ORGANIZATION. THE BOARD OF DIRECTORS SHALL CONSIST OF SEVEN PEOPLE WHO QUALIFY AS PREVIOUSLY MENTIONED AND WHO SHALL BE ELECTED AS SUCH BY THE INCORPORATORS WHO EXECUTED AND FILED THE CHARTER. AT THE FIRST ANNUAL MEETING OF THE MEMBERS AND AT EACH ANNUAL MEETING THEREAFTER, MEMBERS SHALL ELECT DIRECTORS TO HOLD OFFICE UNTIL THEIR TERM EXPIRES OR UNTIL THEIR SUCCESSORS ARE ELECTED AND QUALIFIED. IN ORDER TO AVOID THAT ALL MEMBERS OF THE BOARD CONCLUDE THEIR TERM AT THE SAME TIME, THEY ARE SEGREGATED IN 3 GROUPS, WHOSE TERMS WILL BE OF 3 YEARS ANDD THEIR TERMS WILL BE IN DIFFERENT PERIODS. ALL MEMBERS HAVE A TERM OF 3 YEARS AS DIRECTORS, EXCEPT FOR FILING A VACANCY, IN WHICH SUCH TERM WILL COVER THE REMAINING TIME OF REPLACED MEMBER. Form 990, Part VI, Section A, Line 7b INCREASE THE NUMBER OF MEMBERS OF THE BOD 2- AMEND BY-LAWS OF THE CORPORATION 3- APPROVE ANY PLAN FOR DISSOLUTION, MREGER OR DISPOSITION OF THE ASSETS OF THE CORPORATION 4- APPROVE THE SELECTION OF INDEPENDENT AUDITORS OF THE CORPORATION. Form 990, Part VI, Section B, Line 11b THE REVIEW PROCESS OF THE FORM 990 IS UNDER THE RESPONSIBILITY OF THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE OF RYDER VILLAGE INC. SUCH COMMITTEE AT THE SAME TIME, DELEGATES THIS TASK TO THE EXECUTIVE DIRECTORS, WHO PERFORM THE REVIEW OF THE 990 FORM AND IS AUTHORIZED TO PROVIDE THE RELEASE FOR THE FINAL ISSUANCE OF THE FORM. Form 990, Part VI, Section B, Line 12c THE PROPER GOVERNANCE OF RYDR VILLAGE INC IS EXERCISED BY MEMBERS WHO GIVE THEIR TIME FOR THE BENEFIT OF THE COMMUNITY SERVED BY THIS CORPORATION. BECAUSE THE VARIED INTEREST AND BACKGROUND OF THE GOVERNING BOARD MEMBERS, MAY RESULT IN SITUATIONS INVOLVING A DUAL INTEREST THAT MIGHT APPEAR AS CONFLICT OF INTEREST; AND SERVICES SHOULD NOT BE RENDERED IMPOSSIBLE SOLELY BY REASON OF DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST; AND SERVICE CARRIES A REQUIREMENT OF LOYALTY AND FIDELITY TO THE CORPORATION KNOWN AS RYDER VILLAGE INC, IT IS THE RESPONSIBILITY OF THE BOARD MEMBERS TO GOVERN THE INSTITUTIONS AND THE COMMUNITY INTEREST WITH HONESTY, EXERCISING THEIR BEST CARE, SKILL AND JUDGEMENT FOR THE BENEFIR OF THE INSTITUTION AND IT'S MEMBERS, AND THE MATTER OF ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST CAN BE HANDLED THROUGH FULL DISCLOSURE OF ANY SUCH INTEREST, TOGETHER WITH ABSTENTION IN ANY VOTE WHERE THE INTEREST IS INVOLVED. THE FOLLOWING POLICY OF DUALITY AND CONFLICT IS HEREBY ADOPTED. 1- ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST OF THE PART OF ANY GOVERNING BOARD MEMBER SHOULD BE DISCLOSED TO THE OTHER BOARD MEMBERS AND MADE A MATTER OF RECORD, EITHER THROUGH ANNUAL PROCEDURE OR WHEN THE INTEREST BECOMES A MATTER OF BOARD ACTION. 2- ANY BOARD MEMBER HAVING DUALITY OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHOULD VOTE OR USE HIS PERSONAL INFLUENCE ON THE MATTER AND HE OR SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHERE PERMITTED BY LAW. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE THE ABSTENTION FROM VOTING AND THE QUORUM SITUATION. 3-THE ABOVE MENTIONED REQUIREMENTS SHOULD NOT BE CONSTRUED AS PREVENTING THE BOARD MEMBERS FROM STATING HIS POSITION IN THE MATTER NOR FROM ANSWERING PERTINENT QUESTION IN SUCH MATTER. THAT THIS POLICY BE REVISED ANNUALY FOR THE INFORMATION AND GUIDANCE OF THE BOARD MEMBER, AND THAT ANY NEW MEMBER BE ADVISED OF THE POLICY UPON ENTERING ON THE DUTIES OF HIS OFFICE. Form 990, Part VI, Section B, Line 15 THE PROCESS TO DETERMINE THE COMPENSATION TO OFFICERS IS BASED ON 1- JOB DESCRIPTIONS 2- MINIMUM QUALIFICATIONS FOR THE POSITION 3- EPERIENCE 4- EDUCATION. THE ORGANIZATION ALSO PERFORMS BENCH MARKING OF THE INDUSTRY AND THE MARKET IN THE GENERAL TO SEE AND OFFER COMPETITIVE SALARIES. THE ORGANIZATION REVIEWS ANNUALLY THE SALARIES GRANTED TO EMPLOYEES AND INCREASE ARE APPROVED DEPENDING ON THE FINANCIAL POSITION OF THE ORGANIZATION. RAISES MUST BE APPROVE BY THE BOD. THE ORGANIZATION ALSO COMPLIES WITH MANDATORY DECREES BY THE GOVERNMENT. Form 990, Part VI, Section C, Line 19 THE POLICY OF CONFLICTS OF INTEREST IS AVAILABLE TO THE ORGANIZATION'S BOARD OF DIRECTORS, TOP MANAGEMENT AND EMPLOYEES IN ORDER THAT ALL BE AWARE OF SUCH IN THE PERFORMANCE OF THEIR FUNCTIONS. IN CASE OF THE FINANCIAL STATEMENTS, THESE ARE MADE AVAILABLE TO CERTAIN PARTIES IN ADDITION TO THE ORGANIZATION'S MANAGEMENT, SUCH AS THE FEDERAL GOVERNMENT. Form 990, Part IX, Line 11g Security Services Form 990, Part XI, Line 8 A prior year adjustment was included in this tax return. An adjustment was made during the audit process regarding the last fiscal year. RYDER HOSPITAL MEMORIAL INC PO BOX 859 HUMACAO PR 007920859 660258919 HOSPITAL PR 501(C)3 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 RYDER HOSPITAL MEMORIAL INC o 28216 COST. An extension request was filed and approved.