2025-08-14T11:13:29-07:00 2024-09-30 660623142 FERNANDEZ VALDIVIA & COMPANY PSC PO BOX 10083 SAN JUAN PR 009220083 990 2023-10-01 660550405 RYDER ASSISTED CARE III 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 230861 0 X X 1997 PR To provide housing for low income individuals with disabilities (20 units) 12 12 3 0 0 0 191109 192611 37482 35914 616 837 1492 1499 230699 230861 0 0 0 0 31032 38092 0 0 0 223398 244517 254430 282609 -23731 -51748 1256622 1298627 24299 118051 1232323 1180576 To provide housing for low income individuals with disabilities (20 units). 0 0 222235 0 35914 The Project is a 20-unit apartment facility for persons with disabilities 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 99.8%. 0 0 0 222235 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 3 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 0 1 1 0 PR X Ryder Memorial Hospital Inc 7878520768 PO Box 859 Humacao PR 009720859 Benjamin Berrios Director 2 0 X 0 0 0 Carmen Albino Director 2 0 X 0 0 0 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 Jesus M Reina Director 2 0 X 0 0 0 Jesus Jusino 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 Pedro Diaz Treasurer 4 0 X 0 0 0 Juan Mendez President 4 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 192611 0 0 192611 PROGRAM SERVICE - RENT 623312 35914 35914 0 0 0 0 0 0 35914 837 837 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY AND VENDING MACHINES 722330 1499 1499 0 0 0 0 0 0 1499 230861 38250 0 0 X 33662 4326 29336 1443 1443 2987 2987 9617 9617 10094 10094 30667 30667 688 688 11196 11196 31338 31338 63272 63272 17252 17252 Maintenance Contract 62776 62776 0 0 Other Administrative Expenses 7617 0 7617 0 282609 222235 60374 0 31185 95772 152364 86890 11128 8420 3650 4212 2266410 1163077 1058295 1103333 1256622 1298627 21330 115473 2969 2578 24299 118051 X 1232323 1180576 0 0 1232323 1180576 1256622 1298627 -51748 0 0 0 1 0 X 1 X 1 X 0 1 1 X 178839 184130 176693 191109 192611 923382 0 0 0 0 0 0 0 0 0 0 0 0 178839 184130 176693 191109 192611 923382 923382 129 125 142 616 837 1849 0 0 0 0 0 0 6508 2305 1503 1492 1499 13307 938538 0.98385 0.97076 X Schedule A, Part II, Line 10 LAUNDRY AND VENDING MACHINES 0 22426 22426 0 2177767 1096860 1080907 0 0 0 0 0 55012 55012 0 0 11205 11205 0 1103333 0 Tenant deposits held in trust 2578 2578 230861 0 0 0 0 0 230861 0 0 0 230861 282609 0 0 0 0 0 282609 0 0 0 282609 Form 990, Part VI, Section A, Line 7a MEMBERSHIP IN THE BOARD OF DIRECTORS SHALL BE LIMITED TO INDIVIDUALS WHOA REEITHER 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 HOLD OFFICE UNTIL THEIR SUCCESORS ARE ELECTED AND QUALIFIED. IN ORDER TO AVOID THAT ALL MEMBERS OF THE BOARD CONCLUDE THEIR TERMS AT THE SAME TIME, THEY ARE SEGREGATED IN GROUPS, WHOSE TERMS WILL BE OF 3 YEARS AND 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 DECISION SUBJECT TO APPROVAL OF MEMBERS: 1-INCREASE THE NUMBER OF MEMBERS OF THE BOD 2- AMEN BY-LAWS OF THE COPORATION 3- APPROVE ANY PLAN FOR DISSOLUTION MERGER OF 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 III, INC. SUCH COMMITTEE AT THE SAME TIME DELEGATES THIS TASK TO THE EXECTIVE 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 RDER ASSISTED CARE III, INC IS EXERCISED BY MEMBERS WHO GIVE THEIR TIME FOR THE BENEFIR OF THE COMMUNITY SERVED BU 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 SERVICE CARRIES A REQUIREMENT OF LOYALTY AND FIDELITY TO THE CORPORATION KNOWN AS RYDER ASSISTED CARE III, INC. IT IS THE RESPONSIBILITY OF THE BOARD MEMBERS TO GOVERN THE INSTITUTIONS AND THE COMMUNITY'S INTEREST WIHT HONESTY, EXERCISING THEIR BEST CARE, SKILL, AND JUDGEMENT FOR THE BENEFIT OF THE INSTITUTION AND ITS MEMBERS; AND THE MATTER OF ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST CAN BEST BE HANDELD THROUGH FULL DISCLOSURE OF ANY SUCH INTEREST; TOGETHER WITH ABSTENTION IN ANY VOTE WHERE THE INTEREST IS INVOLVED. THE FOLLOWING POLICY DUALITY AND CONFLICT OF INTEREST 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 MEMBER AND MADE MATTER OF RECORD, EITHER THROUGH AN ANNUAL PROCEDURE OR WHEN 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 BOTING AND 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 HIS 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 BAASED ON: 1- JOB DESCRIPTIONS 2- MINIMUM QUALIFICATIONS FOR THE POSITION 3- EXPERIENCE 4- EDUCATION. THE ORGANIZATION IS ALSO PERFORM 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 APPROVED BY THE BOD. THE ORGANIZATION ALSO COMPLIES WITH MANDATORY DECREES BY THE GOVERNMENT. Form 990, Part VI, Section C, Line 19 THE POLICY OF CONFLICT 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 Payroll Ryder Memorial Hospital 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 Memorial Hospital Inc o 9617 Cost. An extension was filed and approved.