2024-11-14T11:17:19-07:00 2023-12-31 660956591 Rodriguez & Santiago CPAs PSC PO Box 817 Bayamon PR 00960 990 2023-01-01 660398624 ALTERGARTEN LAS TERESAS INC I ALTE 7877598038 PO BOX 28598 SAN JUAN PR 00929 DAISY DELGADO PRESIDENT 7877598038 2024-11-14 0 1 Daniel A Santiago Soto P60956591 9393380450 2024-11-14 2023 2024-10-15 13:58:12Z DAISY DELGADO PO BOX 28598 SAN JUAN PR 009366287 833251 0 X X 1963 PR THE CORPORATION OWNS AND OPERATES A HUD HOUSING PROJECT FOR THE ELDERLY 4 4 0 0 0 0 0 0 706241 794259 178 1041 11185 37951 717604 833251 0 0 0 0 183117 188321 0 0 0 522933 554882 706050 743203 11554 90048 940204 1027904 279619 277271 660585 750633 THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY LOW INCOME. 0 0 535859 0 794259 91 UNITS RESIDENTIAL APARTMENTS PROJECT UNDER SECTION 202 8 OF THE NATIONAL HOUSING ACT OF THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHICH REGULATES AS TO RENT CHARGES AND OPERATING METHODS OF THE PROJECT. 0 0 0 535859 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 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 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X COMBINED BUILDING AND HOUSING 7877599625 PO BOX 366287 SAN JUAN PR 00929 X DAISY DELGADO PRESIDENT 2 X 0 0 0 HERBERT PADUA TREASURER 2 X 0 0 0 AIDA I COTTO DIRECTOR 1 X 0 0 0 MARISOL MENDEZ DIRECTOR 1 X 0 0 0 0 0 0 0 0 0 0 0 0 ELDERLY HOUSE RENT 531110 794259 794259 0 0 0 0 0 0 794259 1041 1041 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY AND VENDING 812310 5473 5473 0 0 TENANT CHARGES 531390 10 10 0 0 HUD COVID-19 SUBSIDY 623000 32468 32468 0 0 0 0 0 0 37951 833251 833251 0 0 146043 62443 83600 29584 29584 12694 12694 53664 53664 3725 3725 23334 23334 44712 13701 31011 388 388 6808 6808 131941 131941 7859 7859 123836 123836 27766 27766 LICENSES AND PERMITS 8184 8184 0 0 SUPPLIES 19630 19630 0 0 BANK CHARGES 2436 0 2436 0 SECURITY 61522 61522 0 0 39077 36699 2378 743203 535859 207344 0 85091 147061 121702 132804 11485 20382 4025 30554 3078781 2381678 717901 697103 940204 1027904 124430 157468 3329 4960 27009 28435 124851 86408 279619 277271 X 660585 750633 0 0 660585 750633 940204 1027904 90048 0 0 0 0 0 X 0 1 X 1 1 1 X 365925 351419 398063 415423 503915 2034745 365925 351419 398063 415423 503915 2034745 2034745 2034745 1 1 X 0 1 X 102904 0 102904 2695159 0 2162452 532707 0 0 0 0 279093 0 218333 60760 1625 0 893 732 697103 833251 0 0 0 0 0 833251 0 0 0 833251 743203 0 0 0 0 0 743203 0 0 0 743203 Schedule D, Part IV, Line 2b TENANT ESCROW DEPOSITS PAYABLE $28435 Form 990, Part VI, Section A, Line 3 THE PROJECT PAYS A 7.25% MGT FEE OF GROSS REVENUES AUTHORIZED BY HUD. Form 990, Part VI, Section A, Line 6 THE ORGANIZATION HAVE MEMBERS Form 990, Part VI, Section A, Line 7a MEMBER OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 11b BOARD CONTRACTS AN INDEPENDENT CPA FIRM TO AUDIT & ASSIST IN TAX RETURNS PREPARATION, WHICH ARE THEN REVIEWED AND APPROVED BY MANAGEMENT. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION CONSISTENLY MONITOR THE COMPLIANCE WITH THIS POLICY. Form 990, Part VI, Section B, Line 15 MANAGEMENT FEE IS APPROVED BY HUD, WHILE THE BOARD OF DIRECTORS MUST APPROVE THE ANNUAL BUDGET THAT INCLUDES SALARIES PAID TO THE EMPLOYEES OF THE MANAGEMENT COMPANY. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES & FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST. Form 990, Part VII, Section A, Line 2 LINE 2C - THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTOS REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS BEFORE ISSUANCE