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Nonprofit · EIN 55-0790450

PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR

Tax-exempt · NEW YORK, NY 10128

Financials

$2.4M$2.3M2023$4.1M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,102,185$4,227,146-$124,961$1,835,504$57,070$1,778,434
December 31, 2023990$2,403,013$2,263,168$139,845$1,988,441$4,409$1,984,032
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,015,645
Program service revenue
$0
Investment income
$86,540
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,062,290
Compensation of officers, directors and key employees
$72,690
Salaries, compensation and benefits (total)
$72,690
Professional fundraising fees
$0
Occupancy
$4,691
Travel
$191
Program services (functional)
$4,142,814
Management and general (functional)
$75,205
Fundraising (functional)
$9,127

Balance sheet and other

Total assets, start of year
$1,988,441
Total assets, end of year
$1,835,504
Total liabilities, end of year
$57,070
Net assets, end of year
$1,778,434
Net assets without donor restrictions
$773,885
Net assets with donor restrictions
$1,004,549
Gross receipts
$4,102,185
Employees
0
Year formed
2003
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LLOYD NIMETZPRESIDENT
Trustee or director, Officer
5$0
IGNACIO GORUPICZBoard Member
Trustee or director, Officer
5$0
TOMAS FIORITOBOARD MEMBER
Trustee or director
5$0
HERNAN LAUTERSZTEINBoard Member
Trustee or director
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
LLOYD NIMETZPRESIDENT
Trustee or director, Officer
1$0
IGNACIO GORUPICZMEMBER
Trustee or director
1$0
YANINA NANO LEMBOLEGAL REPRESENTATIVE
Trustee or director
1$0
TOMAS FIORITOBOARD MEMBER
Trustee or director
1$0
HERNAN LAUTERSZTEINBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
16 E 96TH ST APT 4B, NEW YORK, NY 10128-0788
In care of
% ZHANNA KELLEY
Principal officer (990 for 2024)
LLOYD NIMETZ, 16 EAST 96TH STREET APT 4B, NEW YORK, NY 10128
Signed the 990
ZHANNA KELLEY, Accountant
Phone
(917) 414-7095
Return prepared by
Taxology Inc

Mission

PILAS IS A NON-PROFIT ORGANIZATION THAT HAS BEEN PROMOTING SOCIAL INVESTMENTS IN LATIN AMERICA SINCE 2003. OUR GOALS ARE TO STRENGHTEN THE NON-PROFIT WORK TO CREATE SOCIAL CHANGE.

990 for the year ended December 31, 2024

Program accomplishments

  • Providing funds to vetted NGOs in Argentina.
    Expenses $4,142,813 · revenue $4,102,185

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-0790450
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,835,504
Income (IRS master file)
$4,102,185

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,102,185$4,227,146$1,835,504XML
990December 2023$2,403,013$2,263,168$1,988,441XML
990December 2022$0$0$0IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-0790450).

Questions about PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR

What is the EIN of PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR?
The employer identification number (EIN) of PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR is 55-0790450.
Is PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR?
The 990 for the year ended December 31, 2024 names LLOYD NIMETZ.
Who are the officers and directors of PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does PORTAL FOR INVESTMENT IN THE LATIN AMERICAN SOCIAL SECTOR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,102,185, expenses of $4,227,146 and total assets of $1,835,504 at year end.

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