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Nonprofit · EIN 66-0323248

ASOCIACION DE INTERCAMBIO CULTURAL INC

Tax-exempt · GUAYNABO, PR 00966

Financials

$1.8M$1.7M2023$2.3M$2M2024
Revenue Expenses · by fiscal year end
Financials of ASOCIACION DE INTERCAMBIO CULTURAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,285,565$1,991,088$294,477$5,118,515$490,873$4,627,642
December 31, 2023990$1,787,021$1,740,509$46,512$4,847,207$537,581$4,309,626
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$793,894
of which government grants
$2,900
Program service revenue
$815,249
Investment income
$202,807
Net gain from sales of assets
$199,460
Net income from fundraising events
$136,771
Other revenue
$473,615

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$731,007
Salaries, compensation and benefits (total)
$802,837
Professional fundraising fees
$0
Accounting fees
$6,914
Occupancy
$406,398
Travel
$3,192
Depreciation
$354,966
Program services (functional)
$277,944
Management and general (functional)
$1,713,144

Balance sheet and other

Total assets, start of year
$4,847,207
Total assets, end of year
$5,118,515
Total liabilities, end of year
$490,873
Net assets, end of year
$4,627,642
Land, buildings and equipment
$3,790,140
Publicly traded securities
$1,002,639
Net assets without donor restrictions
$4,627,642
Gross receipts
$2,369,928
Employees
71
Volunteers
0
Year formed
1969
State of legal domicile
PR

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
Claudia FloresPresident
Officer
30$0
Carmen CorradaVicepresident
Officer
20$0
Aida BlancovichTreasurer
Officer
20$0
Elsie VazquezVocal
Officer
10$0
Inmaculada BaldoVocal
Officer
10$0
Mayra ChaconVocal
Officer
10$0
Marisol CarrerasVocal
Officer
10$0
Ivette LizardiVocal
Officer
10$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Claudia FloresPresident
Officer
30$0
Carmen CorradaVicepresident
Officer
20$0
Elsie E VazquezTreasurer
Officer
20$0
Aurie RiosSecretary
Officer
20$0
Mayra ChaconVocal
Officer
20$0
Aida BlancovichVocal
Officer
10$0
Iole SozziVocal
Officer
10$0
Gertrudis I RomanachVocal
Officer
10$0
Ivette LizardiVocal
Officer
10$0

Address and contacts

Address (IRS master file)
216 CARR 2, GUAYNABO, PR 00966-1914
In care of
% CLAUDIA FLORES
Principal officer (990 for 2024)
Claudia Flores, 216 Carretera 2, Guaynabo, PR 00966
Signed the 990
Claudia Flores, President
Phone
(787) 781-1605
Return prepared by
CPA MAGALY LEON LLC

Mission

Promote educational activities toward personal development in cultural human and professional areas; through lectures seminars courses study residences etc.

990 for the year ended December 31, 2024

Program accomplishments

  • Program Paloblanco Cenference Center- supported the charitable purpose of the organization using the Conference Center for educational activities for all ages and social status. In 2023 there were a variety of activities such as seminars retreats short courses and trainings focused on ethics family counceling and leadership.
    Expenses $107,424
  • Other Educational Programs- supported the charitable purpose of the organization promoting the development of programs and activities focused on the academic education of young women. Activities offered during the year included study club conferences seminars etc. The educational program provide study residences for the participants.
    Expenses $170,520

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
66-0323248
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P200)
Assets (IRS master file)
$5,118,515
Income (IRS master file)
$2,369,928

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,285,565$1,991,088$5,118,515XML
990December 2023$1,787,021$1,740,509$4,847,207XML
990December 2022$2,087,304$1,829,864$4,852,257IRS
990December 2021$1,164,104$1,505,914$4,597,815IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 66-0323248).

Questions about ASOCIACION DE INTERCAMBIO CULTURAL INC

What is the EIN of ASOCIACION DE INTERCAMBIO CULTURAL INC?
The employer identification number (EIN) of ASOCIACION DE INTERCAMBIO CULTURAL INC is 66-0323248.
Is ASOCIACION DE INTERCAMBIO CULTURAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to ASOCIACION DE INTERCAMBIO CULTURAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASOCIACION DE INTERCAMBIO CULTURAL 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 ASOCIACION DE INTERCAMBIO CULTURAL INC 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 ASOCIACION DE INTERCAMBIO CULTURAL INC 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 ASOCIACION DE INTERCAMBIO CULTURAL INC?
The 990 for the year ended December 31, 2024 names Claudia Flores.
Who are the officers and directors of ASOCIACION DE INTERCAMBIO CULTURAL INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does ASOCIACION DE INTERCAMBIO CULTURAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,285,565, expenses of $1,991,088 and total assets of $5,118,515 at year end.

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