2025-03-14T07:39:12-07:00 2023-09-30 660479116 JLM & CO LLP 1001 SAN ROBERTO STE 302 SAN JUAN RQ 990 2022-10-01 660621500 CASA DORADA INC CASA 7877598038 MARINA ST ESQ JOBOS 2709 PONCE PR 00717 LUZ VILLANUEVA PRESIDENT 7877598038 2024-08-15 true true JOSE L MENDOZA P01424908 7877646365 2025-03-14 2022 2025-03-06 01:10:19Z LUZ VILLANUEVA PO BOX 366287 SAN JUAN PR 009366287 462685 false X N/A X 2002 PR THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND/OR PHYSICALLY IMPAIRED FAMILIES LOCATED IN PONCE, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENTS UNDER SECTION 202 (PRAC). 5 5 0 0 0 0 0 422055 459979 245 448 8764 2258 431064 462685 0 0 141185 142554 0 0 422459 419281 563644 561835 -132580 -99150 3247230 3041541 284775 178236 2962455 2863305 THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND/OR PHYSICALLY IMPAIRED FAMILIES LOCATED IN PONCE, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENTS UNDER SECTION 202 (PRAC). false false 53110 277912 0 462685 TENANT ASSISTANCE PAYMENTS SECTION 202 (PRAC) 277912 true false false false false false false false false false true false false false true false true false 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 true X 0 0 false 0 false false false false false false false false false false false false false false false false false false false X 5 5 false true false false false true false true false false false true true true true true true false false false COMBINED BUILDING HOUSING CONSULTAN 7877598038 PO BOX 366287 SAN JUAN PR 009366287 X X LUZ I VILLANUEVA PRESIDENT 8.00 X 0 0 0 ANA R SANTIAGO TREASURER 8.00 X 0 0 0 DAISY CRUZ LUCIANO VICE-PRESIDENT 8.00 X 0 0 0 false false false X TENANT RENT 531110 39944 0 0 TENANT ASSISTANCE PAYMENT 531110 420035 0 0 SPECIAL CLAIM FOR VACANCIES 531110 0 0 0 459979 448 0 0 LAUNDRY INCOME 531110 2247 2247 0 0 OTHER INCOME 531110 11 11 0 0 HUD COVID 19 RELIEF 531110 0 0 0 0 2258 462685 462685 0 0 111498 52268 59230 0 16080 7538 8542 0 14976 7021 7955 0 40858 0 40858 0 100 0 100 0 6612 0 6612 0 3155 0 3155 0 411 0 411 0 131993 0 131993 0 37605 37605 0 0 AUDIT FEES 9500 0 9500 0 SUPPLIES 10350 10350 0 0 UTILITIES 55237 55237 0 0 MAINTENANCE SERV. CONTRACT 16059 16059 0 0 107401 91834 15567 0 561835 277912 283923 0 190831 105601 1144 11419 11646 4898060 1973766 3043836 2924294 3247230 3041541 279455 172843 5320 5393 284775 178236 X 2962455 2863305 2962455 2863305 3247230 3041541 -99150 X X false true X true true true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 420035 0.00000 0.00000 X 0 0 0 180000 180000 4522451 1785276 2737175 195609 188490 7119 2924294 TENANT SECURITY DEPOSIT PAYABLE 5393 5393 462685 462685 462685 561835 561835 561835 Pt VI, Line 12c THE PROJECT IS REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE OPERATION OF THE PROJECT IS MONITORING BY THE GOVERNING BODY. THE GOVERNING BODY RECEIVED COUNSELING FROM THE MANAGEMENT AGENT ABOUT PROJECT OPERATIONS. Pt VI, Line 19 THE CORPORATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)3 OF IRS CODE. HUD REQUIRES ANNUAL AUDITED FINANCIAL STATEMENT FOR THE YEAR THEN ENDED. THE STATEMENT IS ELECTRONICALLY SUBMITTED TO REAC EACH YEAR. THE MAJOR CATEGORIES OF ASSETS, LIABILITIES AND EQUITY IS REPORTED TO DEPARTMENT STATE OF PUERTO RICO AND ANY PERSON CAN ACCESS THE SITE OF THE DEPARTMENT OF STATE OF PUERTO RICO. 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 DIRECTORS. THE OFFICER'S DON'T RECEIVED COMPENSATION FOR THEIR WORK. Pt VI, Line 1a THE OWNER CORPORATION APPOINTED A GOVERNING BODY COMPOSE OF 5 MEMBERS. THE OFFICER'S DON'T RECEIVED COMPENSATION. Pt VIII THE PRINCIPAL REVENUE IS RECEIVED FROM TENANT ASSISTANCE PAYMENTS (SECTION 202 PRAC) & FROM RENTAL PAID BY TENANTS. Pt XII, Line 3b HUD REQUIRED AUDITED FINANCIAL STATEMENTS FOR ALL PROGRAMS OVER THE THRESHOLD OF $750,000. THE PROJECT IS AUDITED BY EXTERNAL AUDITORS. Pt XII, Line 2c THE CONTROLLER OF THE MANAGEMENT AGENT IS CERTIFIED PUBLIC ACCOUNT. SHE IS CHARGE OF REVIEW AND APPROVED FINANCIAL STATEMENTS AND INCOME TAX RETURNS. Pt VI, Line 1a THE GOVERNING BODY CONSIST OF 3 OFFICERS & 2 DIRECTORS. Pt VI, Line 3 THE ENTITY IS OPERATED BY MANAGEMENT AGENT, COMBINED BUILDING & HOUSING CONSULTANT, INC. THE FEES RECEIVED BY THE MANAGEMENT AGENT IS APPROVED BY HUD. Pt VI, Line 11b THE AUDITED FINANCIAL STATEMENTS IS PRESENTD TO AND DISCUSSED BY THE EXTERNAL AUDITORS WITH THE GOVERNING BODY AS WELL AS THE STATE AND FEDERAL INCOME TAX RETURNS. THE AUDITED FINANCIAL STATEMENTS AND INCOME TAX RETURNS ARE APPROVED BY THE GOVERNING BODY AFTER THE MEETING WITH EXTERNAL AUDITORS. Pt VI, Line 12c ANNUALLY THE GOVERNING BODY CERTIFIED THAT THEY DON'T HAVE ANY RELATIONSHIP WITH VENDORS, MANAGEMENT AGENT OR ANY ENTITY PROVIDED SERVICES TO THE PROJECT. Pt VI, Line 8a DURING THE MEETING OF THE GOVERNING BOARD MINUTES ARE TAKEN. THESE MINUTEWS ARE APPROVED IN NEXT MEETING OF THE BOARD. Pt V, Line 13a THE ENTITY OPERATES AND OWNS A HOUSING PROJECT RECEIVED FINANCING FROM DEPARTMENT OF HOUSING & URBAN DEVELOPMENT (HUD) UNDER SECTION 202 CAPITAL ADVANCE PROGRAM. Pt V, Line 14b THE OFFICERS AND DIRECTORS DOES NOT RECEIVED ANY COMPENSATION FOR THEIR WORK. Pt VI, Line 7a THE VACANCY IN THE GOVERNING BODY ARE ELECTED BY OTHER MEMBERS OF THE BODY. Pt VI, Line 8b THE GOVERNING BODY DON'T HAVE ANY COMMITTEE. Pt VI, Line 18 THE FINANCIAL STATEMENTS IS ELECTRONICALLY SUBMITED TO REAC EACH YEAR. ALSO, THE PROJECT FILE THE ANNUAL CORPORATE REPORT WITH THE DEPARTMENT OF STATE OF PUERTO RICO WHICH INCLUDE THE BALANCE SHEET OF THE CORPORATION. Form 990, Part IX, Line 24e ELDERLY SERVICES 1672. 0. 1672. 0. Form 990, Part IX, Line 24e BANK CHARGES 2649. 0. 2649. 0. Form 990, Part IX, Line 24e ADP PAYROLL SERVICES FEES 2684. 0. 2684. 0. Form 990, Part IX, Line 24e ADMINISTRATOR EXPENSES 185. 0. 185. 0. Form 990, Part IX, Line 24e ELECTRONI FILING OF FINANCIAL STATEMENTS REQUIRED BY REAC 1400. 0. 1400. 0. Form 990, Part IX, Line 24e CORPORATE ANNUAL REPORT PREPARATION FEES 260. 0. 260. 0. Form 990, Part IX, Line 24e DIGITALIZATION PROCESS FEES 225. 0. 225. 0. Form 990, Part IX, Line 24e PROGRAM AND TECHNICAL SUPPORT 1796. 0. 1796. 0. Form 990, Part IX, Line 24e PENSION PLAN 513. 0. 513. 0. Form 990, Part IX, Line 24e SEMINARS 17. 0. 17. 0. Form 990, Part IX, Line 24e FRAGILES 328. 0. 328. 0. Form 990, Part IX, Line 24e PROFESSIONAL SERVICES 2984. 0. 2984. 0. Form 990, Part IX, Line 24e OTHER ADMINISTRATIVES EXPENSES 854. 0. 854. 0. Form 990, Part IX, Line 24e GARBAGE & TRASH REMOVAL 2400. 2400. 0. 0. Form 990, Part IX, Line 24e SECURITY SERVICES 80773. 80773. 0. 0. Form 990, Part IX, Line 24e VEHICLE & MAINTENACE EQUIPMENT 3823. 3823. 0. 0. Form 990, Part IX, Line 24e MISCELLANEOUS OPERATING & MAINTENANCE EXP. 83. 83. 0. 0. Form 990, Part IX, Line 24e MISCELLANEOUS TAXES, LICENSES, PERMITS 4755. 4755. 0. 0.