2025-08-14T11:14:43-07:00 2024-09-30 660623142 FERNANDEZ VALDIVIA & COMPANY PSC PO BOX 10083 SAN JUAN PR 009220083 990 2023-10-01 660537553 RYDER ASSISTED CARE INC RYDE 7878520768 PO BOX 859 HUMACAO PR 00792 JOSE R FELICIANO EXECUTIVE DIRECTOR 7878520768 2025-08-14 1 1 Juan Luis Fernandez P01453037 7872965693 2025-08-14 2023 2025-03-06 01:10:19Z JOSE R FELICIANO PO BOX 859 HUMACAO PR 00792 418432 0 X X 1996 PR TO PROVIDE HOUSING FOR LOW-INCOME INDIVIDUALS WITH DISABILITIES. 13 13 4 0 0 0 326489 338727 64891 73460 1016 1286 8912 4959 401308 418432 0 0 0 0 70800 88022 0 0 0 391680 379207 462480 467229 -61172 -48797 1748214 1689726 86633 76941 1661581 1612785 TO PROVIDE HOUSING FOR LOW-INCOME INDIVIDUALS WITH DISABILITIES. 0 0 396756 0 73460 THE PROJECT IS A 41 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 HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. DURING THE YEAR THE AVERAGE PERCENTAGE OF OCCUPANCY WAS 98.06%. 0 0 0 396756 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 4 0 0 0 0 0 0 0 0 0 X 13 13 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 7878520769 PO BOX 859 HUMACAO PR 009720859 CARLOS LOPEZ DIRECTOR 2 0 X 0 0 0 ADELIA IZCHEL ACEVEDO DIRECTOR 2 0 X 0 0 0 MIRIAM ALICEA DIRECTOR 2 0 X 0 0 0 ELBA L SANTANA DIRECTOR 2 0 X 0 0 0 CARMEN S ALBINO DIRECTOR 2 0 X 0 0 0 ELDA E ROSARIO DIRECTOR 2 0 X 0 0 0 JESUS JUSINO DIRECTOR 2 0 X 0 0 0 JESUS M REINA DIRECTOR 2 0 X 0 0 0 BENJAMIN BERRIOS DIRECTOR 2 0 X 0 0 0 ESTHER ALEMAN SECRETARY 4 0 X 0 0 0 CARMEN SARA GARCIA VICE PRESIDENT 4 0 X 0 0 0 JUAN MENDEZ PRESIDENT 4 0 X 0 0 0 PEDRO DIAZ TREASURER 4 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 338727 0 0 338727 PROGRAM SERVICE - RENT 623312 73460 73460 0 0 0 0 0 0 73460 1286 1286 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY AND VENDING MACHINES 722300 4959 4959 0 0 0 0 0 0 4959 418432 79705 0 0 X 81174 42508 38666 0 1156 0 1156 0 5692 5692 0 0 36620 36620 0 0 0 15035 0 15035 0 69399 69399 0 0 845 0 845 0 6118 0 6118 0 62899 62899 0 0 82728 82728 0 0 24585 24585 0 0 MAINTENANCE CONTRACTS 59441 59441 0 0 Other general and administrative 21537 12884 8653 0 467229 396756 70473 0 88407 40159 373158 368346 5959 4836 4410 4953 3064293 1792861 1276280 1271432 1748214 1689726 79563 64862 7070 12079 86633 76941 X 1661581 1612785 0 0 1661581 1612785 1748214 1689726 -48797 0 0 0 1 0 X 1 X 1 X 1 1 1 X 344374 340118 341529 326489 338727 1691237 0 0 0 0 0 0 0 0 0 0 0 0 344374 340118 341529 326489 338727 1691237 0 1691237 215 429 445 1016 1286 3391 0 0 0 0 0 0 8216 26893 2974 8912 4959 51954 1746582 0.96831 0.96971 X Schedule A, Part II, Line 10 LAUNDRY AND VENDING MACHINES 0 85512 85512 0 2840753 1654833 1185920 0 0 0 0 0 138028 138028 0 0 0 0 0 1271432 0 Tenant deposits held in trust 12079 12079 418432 0 0 0 0 0 418432 0 0 0 418432 467229 0 0 0 0 0 467229 0 0 0 467229 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 TWELVE (12) 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 OLD 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 TERMS AT THE SAME TIME, THEY ARE SEGGREGATED IN 3 GROUPS, WHOSE TERMS WILL BE OF 3 YEARS AND THEIR TERMS WILL BE IN DIFFERENT PERIODS. ALL MEMBERS HAVE TERM OF 3 YEARS AS DIRECTORS, EXCEPT FOR FILLING VACANCY, IN WHICH SUCH TERM WILL COVER THE REMANING TIME OF REPLACED MEMBER. Form 990, Part VI, Section A, Line 7b 1- INCREASE THE NUMBER OF MEMBERS OF THE BOD 2- AMEND BY-LAWS OF THE CORPORATION 3- APPROVE ANY PLAN FOR DISSOLUTION, MERGER OR DISPOSITION OF THE ASSETS OF THE CORPORATION 4- APPROVE THE SELECTION OF THE 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 ASSISTED CARE, INC. SUCH COMMITTEE AT THE SAME TIME, DELEGATES THIS TASK TO THE EXECUTIVE DIRECTOR, 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 RYDER ASSISTED CARE INC IS EXERCISED BY MEMBERS WHO GIVE THEIR TIME FOR THE BENEFIR 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 SERVICES CARRIES A REQUIREMENT OF LOYALTY AND F IDELITY TO THE CORPORATION KNOWN AS RYDER ASSISTED CARE INC. IT IS THE RESPONSIBILITY OF THE BOARD MEMBERS TO GOVERN THE INSTITUTION AND THE COMMUNITY'S INTEREST WITH HONESTY, EXERCISING THEIR BEST CARE, SKILL AND JUDGEMENT FOR THE BENEFIT OF THE INSTITUTION AND THE ITS MEMBERS; AND THE MATTER OF ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST CAN BEST BE HANDLED THROUGH FULL DISCLOSURE OF ANY SUCH INTEREST, TOGETHER WITH ABSTENTION IN ANY VOTE WHERE IN THE INTEREST IS INVOLVED. THE FOLLOWING POLICY OF DUALITY AND CONFLICT OF INTEREST IS HEREBY ADOPTED: 1- ANY DUALITY OF INTERST OR POSSIBLE CONFLICT OF INTEREST OF THE PART OF ANY GOVERNING BOARD MEMBER SHOULD BE DISCLOSED TO THE BOARD MEMBERS AND MADE A MATTER OF RECORD, EITHER THROUGH AN 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 ANSWEING PERTINENT QUESTIONS IN SUCH MATTER. THAT THIS POLICY BE REVISED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF THE BOARD MEMBERS, 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- EXPERIENCE 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 INCREASES ARE APPROVED DEPENDING ON THE FINANCIAL POSITION OF THE ORGANIZATION. RAISES MUST BE APPROVED BY THE BODY. 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 STATEMENT 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 Payroll Expense RYDER HOSPITAL MEMORIAL INC PO BOX 859 HUMACAO PR 007920859 660258919 HOSPITAL PR 501(C) 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 36620 COST. An extension was requested and approved.