2025-03-05T16:56:41-05:00 2023-12-31 660479116 JLM & CO LLP PO BOX 190476 SAN JUAN PR 009190476 990 2023-01-01 660585252 BRISAS DE CEIBA BRIS 7877598038 8 CALLE SAN JORGE 42 FINAL CEIBA RQ 00735 RODOLFO COSME BAEZ PRESIDENT 7877598038 2024-12-16 false JOSE LUIS MENDOZA P01424908 7877646365 2025-03-05 2023 2025-03-06 01:10:19Z RODOLFO COSME BAEZ 482500 false X X 1999 THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND OR PHYSICALLY IMPARED FAMILIES LOCATED IN CEIBA, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENT UNDER SECTION 202 (PRAC). IT ALSO RECEIVED HUD'S SECTION 8 TENANT ASSISTANCE UNDER (PRAC) CONTRACT. 7 7 0 0 437690 0 104 441682 497 8539 40321 446333 482500 0 0 134117 142161 0 0 374183 383676 508300 525837 -61967 -43337 1884276 1872781 80193 112035 1804083 1760746 X THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND OR PHYSICALLY IMPARED FAMILIES LOCATED IN CEIBA, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENT UNDER SECTION 202 (PRAC). IT ALSO RECEIVED HUD'S SECTION 8 TENANT ASSISTANCE UNDER (PRAC) CONTRACT. false false 709782 482500 TENANT ASSISTANCE FOR ELDERLY FAMILIES 501 (C) 3 709782 true false false false false false false false false false true false false false true 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 false false true 0 0 false 0 false false false false false false false false X 7 7 false false false false false true false true true false false false true true true false false false false false BRISAS DE CEIBA 7877598038 PO BOX 366287 SAN JUAN PR 00936 X X JOSE M LOPEZ TREASURER 8.00 X 0 0 0 LUIS SOTO MEDINA VOCAL X 0 0 0 RODOLFO COSME BAEZ PRESIDENT 8.00 X 0 0 0 YOSELINNE MARRERO TORRES SCRETARY 8.00 X 0 0 0 FERNANDO DAVILA GARRIGA VICE PRESIDE 8.00 X 0 0 0 JOSE GARCIA DIRECTOR 8.00 X 0 0 0 ELIUD N CRUZ NAZARIO VOCAL 8.00 X 0 0 0 RAYMOND MEDINA GUZMAN VOCAL 8.00 X 0 0 0 false false false X TENANT ASSISTANT-HUD 306348 306348 TENANT RENT 124558 124558 SPECIAL CLAIM VACANCY-HUD 10776 10776 441682 497 497 FEMA COVID-19 RELIEF 531110 33796 33796 FEMA HURACANE FIONA RELIEF 531110 4231 4231 LAUNDRY INCOME 531110 2169 2169 125 125 40321 482500 482500 X 108152 49051 59101 3669 1664 2005 15954 7235 8719 14386 6524 7862 47873 47873 200 200 7134 7134 194340 162808 31532 388 388 101362 101362 32379 32379 525837 227282 298555 0 86660 87721 34770 6745 7106 4111433 2368249 1790871 1743184 1884276 1872781 44730 75814 35463 36221 80193 112035 X 1804083 1760746 1804083 1760746 1884276 1872781 -43337 X false false true true X 0 482500 0.00000 X 330500 330500 3221317 1825423 1395894 1726394 MANAGEMENT FEES 30611 TENANT SECURITY DEPOSITS 5610 36221 482500 482500 482500 525837 525837 525837 FORM 990 - ORGANIZATION'S MISSION THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND OR PHYSICALLY IMPARED FAMILIES LOCATED IN CEIBA, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENT UNDER SECTION 202 (PRAC). IT ALSO RECEIVED HUD'S SECTION 8 TENANT ASSISTANCE UNDER (PRAC) CONTRACT. FORM 990, PAGE 6, PART VI, LINE 7A THE VACANCIES IN THE GOVERNING BODY ARE ELECTED BY OTHER MEMBERS OF THE BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE CORPORATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OD THE IRS TAX CODE. HUD REQUIRES ANNUAL AUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED. THE FINANCIAL STATEMENT ARE ELECTRONICALLY SUBMITTED TO REAC EACH YEAR. THE MAJOR CATEGORIES OF THE ASSETS, LIABILITIES AND EQUITY ARE REPORTED TO STATE DEPARTMENT OF PUERTO RICO AND ANY PERSON CAN HAVE ACCESS TO THE PUBLIC INFORMATION FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE GOVERNING BOARD CONFIRM THAT THEY DON'T HAVE ANY RELATIONSHIP WITH VENDORS, MANAGEMENT AGENT, OR ANY ENTITY PROVIDED SERVICES TO THE PROJECT., 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 MANAGEMENT AGENT ABOUT THE PROJECT OPERATIONS. FORM 990, PAGE 6, PART VI, LINE 19 THE CORPORATION IS EXEMPT FROM TAXATION UNDER SECTION 501 (C) (3) OF THE IRS TAX CODE. HUD REQUIRES ANNUAL AUDITED FINANCIAL STATEMENTS FOR THE YEAR THEN ENDED. THE FINANCIAL STATEMENT ARE ELECTRONICALLY SUBMITTED TO REAC EZCH YEAR. THE MAYOR CATEGORIES OF THE ASSETS, LIABILITIES AND EQUITY ARE REPORTED TO STATE OF DEPARTMENT OF PUERTO RICO AND ANY PERSON CAN HAVE ACESS TO THE PUBLIC INFORMATION. FORM 990, PART VII THE PROJECT AGREEMENT WITH HUD STIPULATES THAT THE PROJECT WILL NOT MAKE ANY DISTRIBUTION OF ASSETS OR INCOME TO ANY OFFICERS OR DIRECTORS. THE OFFICER'S DON'T RECIEVED COMPENSATION FOR THEIR WORK. FORM 990, PART VIII THE PRINCIPAL SOURCE OF REVENUE IS FROM TENANT ASSISTANCE PAYMENTS PROVIDED BY HUD UNDER SECTION 8, RENTAL ASSISTANCE PRAC CONTRACT. FORM 990, PART IX, LINE 11G SUPPLIES 13,348 3,070 0 BAD DEBT 0 2,980 0 PROFESSIONAL SERVICES 0 2,019 0 BANK CHARGES 0 2,372 0 SEMINARS 0 460 0 VEHICLE MAINTENANCE 7,949 0 0 SECURITY CONTRACTS 86,070 0 0 GARBAGE 1,595 0 0 LOSS ON DISPOSAL FIXED ASSET 0 646 0 MISCELLANEOUS TAXES & INSURAN 4,400 0 0 ADP PROCESSING FEES 2,973 0 0 OTHER MISCELLANEOUS EXPENSES 768 6,898 0 COMPUTER SUPPORT 0 3,587 0 UTILITIES 31,156 0 0 MAINTENANCE SERV CONTRACT 12,423 0 0 EDERLY SERVICES 2,126 0 0 AUDIT FEES 0 9,500 0 TOTAL 162,808 31,532 0