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Nonprofit · EIN 59-1417397

BORINQUEN HEALTH CARE CENTER INC

Tax-exempt · MIAMI, FL 33137

Financials

$67.6M$59.6M2023$69.1M$68.4M2024
Revenue Expenses · by fiscal year end
Financials of BORINQUEN HEALTH CARE CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990$69,095,710$68,395,378$700,332$40,742,754$12,798,500$27,944,254
January 31, 2024990$67,605,536$59,566,352$8,039,184$39,798,606$12,554,684$27,243,922
Financial details: 990 for the year ended January 31, 2025

Revenue

Contributions, gifts and grants
$23,068,211
of which government grants
$21,446,567
Program service revenue
$45,121,436
Investment income
$318,563
Net rental income
$587,500
Tax-exempt bond proceeds
-$3,316
Other revenue
$587,500

Expenses

Grants and similar amounts paid
$41,645
Compensation of officers, directors and key employees
$4,443,867
Other salaries and wages
$24,183,977
Salaries, compensation and benefits (total)
$34,999,651
Professional fundraising fees
$0
Legal fees
$152,849
Accounting fees
$123,538
Occupancy
$1,413,324
Travel
$96,216
Depreciation
$1,465,626
Program services (functional)
$59,182,850
Management and general (functional)
$9,212,528

Balance sheet and other

Total assets, start of year
$39,798,606
Total assets, end of year
$40,742,754
Total liabilities, end of year
$12,798,500
Net assets, end of year
$27,944,254
Land, buildings and equipment
$20,482,639
Net assets without donor restrictions
$27,944,254
Gross receipts
$69,095,710
Employees
443
Volunteers
12
Year formed
1972
State of legal domicile
FL

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 January 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PAUL CARL VELEZCHIEF EXECUTIVE OFFICER
Officer
40$680,746$45,906
DEBORAH GRACIACHIEF MEDICAL OFFICER
Officer
40$471,472$46,199
DIEGO SHMUELSCHIEF QUALITY OFFICER
Officer
40$313,812$33,776
MICHAEL ROSEDIRECTOR OF PHARMACY
Highest-paid employee
40$287,232$40,822
SINDIA ROSENAYCHIEF FINANCIAL OFFICER
Officer
40$318,714$9,200
MICHELLE SOHEILDENTAL DIRECTOR
Highest-paid employee
40$306,600$20,183
FRANCISCO RICARTPSYCHIATRIST
Highest-paid employee
40$280,292$18,787
HARRY ARCHERPHYSICIAN
Highest-paid employee
40$245,820$12,075
ALBERTO MESTREMEDICAL DIRECTOR OF SPECIALTY CARE
Highest-paid employee
40$226,701$29,657
CYNTHIA WOLPERBOARD MEMBER
Trustee or director
3$0$0
EVA PEREZCHAIRPERSON OF THE BOARD
Trustee or director
3$0$0
HECTOR COLLAZOBOARD MEMBER
Trustee or director
3$0$0
IVAN NASERBOARD MEMBER
Trustee or director
3$0$0
IVETTE VELEZVICE CHAIRPERSON
Trustee or director
3$0$0
JOCELYN MICHELBOARD MEMBER
Trustee or director
3$0$0
5 more people on this return
NameTitleHours / weekCompensation
LUIS DE ROSABOARD MEMBER
Trustee or director
3$0
MARGARET LAFORESTRN SECRETARY
Trustee or director
3$0
MARIE ASTRIDE BOBOBOARD MEMBER
Trustee or director
3$0
NESTOR CHARDONBOARD MEMBER
Trustee or director
3$0
VICTOR ALBABOARD MEMBER
Trustee or director
3$0
990 for the year ended January 31, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
PAUL CARL VELEZCHIEF EXECUTIVE OFFICER
Officer
40$556,169$50,224
DEBORAH GRACIACHIEF MEDICAL OFFICER
Officer
40$437,193$61,375
DIEGO SHMUELSCHIEF QUALITY OFFICER
Officer
40$289,812$34,028
MICHELLE SOHEILDIRECTOR OF DENTAL SERVICE
Highest-paid employee
40$294,286$22,476
SINDIA ROSENAYCHIEF FINANCIAL OFFICER
Officer
40$293,099$10,280
MICHAEL ROSEDIRECTOR OF PHARMACY
Highest-paid employee
40$248,495$42,008
ALBERTO MESTREDIRECTOR OF SPECIALTY CARE
Highest-paid employee
40$210,526$32,528
DOMINGO GARCIAPHYSICIAN
Highest-paid employee
40$214,684$21,802
JUAN CRUZDIRECTOR OF OPERATIONS
Highest-paid employee
40$221,340$13,348
EVA PEREZCHAIRPERSON OF THE BOARD
Trustee or director
3$0$0
IVETTE VELEZVICE CHAIRPERSON
Trustee or director
3$0$0
MARIE ASTRIDE BOBOBOARD MEMBER
Trustee or director
3$0$0
MARGARET LAFORESTRN SECRETARY
Trustee or director
3$0$0
NESTOR CHARDONBOARD MEMBER
Trustee or director
3$0$0
LUIS DE ROSABOARD MEMBER
Trustee or director
3$0$0
JOCELYN MICHELBOARD MEMBER
Trustee or director
3$0$0
IVAN NASERBOARD MEMBER
Trustee or director
3$0$0
VICTOR ALBABOARD MEMBER
Trustee or director
3$0$0
CYNTHIA WOLPERBOARD MEMBER
Trustee or director
3$0$0
HECTOR COLLAZOBOARD MEMBER
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
3601 FEDERAL HWY, MIAMI, FL 33137-3795
In care of
% PAUL CARL VELEZ
Principal officer (990 for 2024)
PAUL CARL VELEZ, 3601 FEDERAL HIGHWAY, MIAMI, FL 33137
Signed the 990
PAUL CARL VELEZ, CEO
Phone
(305) 576-6611
Return prepared by
GARCIA ESPINOSA MIYARES RODRIGUEZ TRUEBA

Mission

BORINQUEN MEDICAL CENTERS PROVIDE A COMPREHENSIVE RANGE OF HEALTHAND SOCIAL SERVICES TO OUR CULTURALLY DIVERSE COMMUNITY INMIAMI-DADE COUNTY. OUR QUALITY SERVICES ARE ACCESSIBLE TO ALLPEOPLE THROUGHOUT THE AREA THROUGH A MULTI-DISCIPLINE APPROACH.

990 for the year ended January 31, 2025

Program accomplishments

  • BORINQUEN HEALTH CARE CENTER OPERATES MEDICAL CENTERS IN MIAMI-DADECOUNTY SERVING PATIENTS AND UNDERSERVED POPULATIONS. THE OPERATIONSCONDUCTED INCLUDE PRIMARY CARE, PEDIATRIC CARE, DENTAL CARE, OBSTETRICSAND GYNECOLOGY CARE, AND BEHAVIORAL AND SPECIALTY HEALTH CARE.
    Expenses $59,182,850 · grants $41,645 · revenue $45,121,436

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 January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990 on file
2023January 31, 2024June 17, 2024990 on file

IRS record

EIN
59-1417397
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
January
Files
Form 990 or 990-EZ
Assets (IRS master file)
$40,742,754
Income (IRS master file)
$69,095,710

Filing history

FormYear endedRevenueExpensesAssetsReturn
990January 2025$69,095,710$68,395,378$40,742,754XML
990January 2024$67,605,536$59,566,352$39,798,606XML
990January 2023$57,118,026$55,536,356$31,720,943IRS
990January 2022–––IRS
990-TJanuary 2022–––IRS
990January 2021–––IRS
990-TJanuary 2021–––IRS
990January 2020–––IRS
990January 2019–––IRS
990January 2018–––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 59-1417397).

Questions about BORINQUEN HEALTH CARE CENTER INC

What is the EIN of BORINQUEN HEALTH CARE CENTER INC?
The employer identification number (EIN) of BORINQUEN HEALTH CARE CENTER INC is 59-1417397.
Is BORINQUEN HEALTH CARE CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to BORINQUEN HEALTH CARE CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BORINQUEN HEALTH CARE CENTER INC 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 BORINQUEN HEALTH CARE CENTER INC due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BORINQUEN HEALTH CARE CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended January 2025.
Who is the principal officer of BORINQUEN HEALTH CARE CENTER INC?
The 990 for the year ended January 31, 2025 names PAUL CARL VELEZ.
Who are the officers and directors of BORINQUEN HEALTH CARE CENTER INC?
The 990 for the year ended January 31, 2025 lists 20 people; 9 received compensation from the organization, the highest $680,746 (PAUL CARL VELEZ, CHIEF EXECUTIVE OFFICER).
How much revenue does BORINQUEN HEALTH CARE CENTER INC have?
On its 990 for the year ended January 31, 2025 it reported revenue of $69,095,710, expenses of $68,395,378 and total assets of $40,742,754 at year end.

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