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Nonprofit · EIN 66-0416567

CORPORACION PARA EL DESARROLLO DEL OESTE INC

Tax-exempt · MAYAGUEZ, PR 00681

Financials

$736K$662K2022$730K$748K2023$786K$611K2024
Revenue Expenses · by fiscal year end
Financials of CORPORACION PARA EL DESARROLLO DEL OESTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$785,711$610,743$174,968$4,803,146$19,670$4,783,476
September 30, 2024990$730,196$748,399-$18,203$4,625,681$17,173$4,608,508
September 30, 2023990$735,726$661,602$74,124$4,679,775$53,064$4,626,711
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$3,100
Net rental income
$782,611
Other revenue
$782,611

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$101,654
Salaries, compensation and benefits (total)
$124,681
Professional fundraising fees
$0
Accounting fees
$8,400
Depreciation
$85,947
Program services (functional)
$202,281
Management and general (functional)
$408,462

Balance sheet and other

Total assets, start of year
$4,625,681
Total assets, end of year
$4,803,146
Total liabilities, end of year
$19,670
Net assets, end of year
$4,783,476
Land, buildings and equipment
$4,059,711
Gross unrelated business income
$3,100
Gross receipts
$785,711
Employees
2
Volunteers
3
Year formed
1978
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Angel L Alers VelesDirector Ejecutivo
Highest-paid employee
40$89,474
Maria del C RodriguezAsistente Administrativo
Officer
20$12,180
990 for the year ended September 30, 2024: 2 people
NameTitleHours / weekCompensation
Angel L Alers VelesDirector Ejecutivo
Trustee or director, Highest-paid employee
40$103,985
Maria del C RodriguezAsistente Administrativo
Officer
20$12,136
990 for the year ended September 30, 2023: 2 people
NameTitleHours / weekCompensation
Angel L Alers VelesDirector Ejecutivo
Highest-paid employee
40$75,543
Maria del C RodriguezAsistente Administrativo
Officer
20$11,098

Address and contacts

Address (IRS master file)
PO BOX 837, MAYAGUEZ, PR 00681-0837
Principal officer (990 for 2024)
Angel L Alers Velez, PO Box 837, Mayaguez, PR 00681
Signed the 990
Angel L Alers, President
Phone
(787) 479-4316

Mission

Promote and advance economic development for the south and northern areas of Puerto Rico

990 for the year ended September 30, 2025

Program accomplishments

  • Promover y mejorar la calidad de vida de los residentes del area sur de Puerto Rico
    Expenses $202,281 · revenue $782,611
  • Mejorar y promover la calidad de vida de los residentes de Puerto Rico0
  • Mejorar y promover la calidad de vida de los residentes de Puerto Rico0

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
66-0416567
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1997
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,803,146
Income (IRS master file)
$785,711

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$785,711$610,743$4,803,146XML
990September 2024$730,196$748,399$4,625,681XML
990September 2023$735,726$661,602$4,679,775XML
990September 2022$632,594$679,228$4,688,807IRS
990September 2021–––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 66-0416567).

Questions about CORPORACION PARA EL DESARROLLO DEL OESTE INC

What is the EIN of CORPORACION PARA EL DESARROLLO DEL OESTE INC?
The employer identification number (EIN) of CORPORACION PARA EL DESARROLLO DEL OESTE INC is 66-0416567.
Is CORPORACION PARA EL DESARROLLO DEL OESTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1997.
Are donations to CORPORACION PARA EL DESARROLLO DEL OESTE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CORPORACION PARA EL DESARROLLO DEL OESTE 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 CORPORACION PARA EL DESARROLLO DEL OESTE INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORPORACION PARA EL DESARROLLO DEL OESTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CORPORACION PARA EL DESARROLLO DEL OESTE INC?
The 990 for the year ended September 30, 2025 names Angel L Alers Velez.
Who are the officers and directors of CORPORACION PARA EL DESARROLLO DEL OESTE INC?
The 990 for the year ended September 30, 2025 lists 2 people; 2 received compensation from the organization, the highest $89,474 (Angel L Alers Veles, Director Ejecutivo).
How much revenue does CORPORACION PARA EL DESARROLLO DEL OESTE INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $785,711, expenses of $610,743 and total assets of $4,803,146 at year end.

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