Nonprofit · EIN 66-0490822
CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD
Tax-exempt · BAYAMON, PR 00960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $929,146 | $868,679 | $60,467 | $2,985,840 | $2,620,746 | $365,094 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $97,142
- of which government grants
- $97,142
- Program service revenue
- $21,929
- Investment income
- $8,963
- Net rental income
- $744,901
- Other revenue
- $801,112
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,093
- Other salaries and wages
- $101,252
- Salaries, compensation and benefits (total)
- $186,077
- Professional fundraising fees
- $0
- Legal fees
- $6,480
- Accounting fees
- $24,828
- Depreciation
- $189,124
- Program services (functional)
- $711,743
- Management and general (functional)
- $156,936
Balance sheet and other
- Total assets, start of year
- $3,095,080
- Total assets, end of year
- $2,985,840
- Total liabilities, end of year
- $2,620,746
- Net assets, end of year
- $365,094
- Land, buildings and equipment
- $2,820,385
- Net assets without donor restrictions
- -$219,608
- Net assets with donor restrictions
- $584,702
- Gross receipts
- $929,146
- Employees
- 9
- Year formed
- 1992
- 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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDUARDO NEVAREZ | EXECUTIVE DIRECTOR Key employee | 40 | $65,093 |
| ORLANDO LOPEZ | PRESIDENT Officer | 1 | $0 |
| FRANCISCO J REYES | VICE PRESIDENT Officer | 1 | $0 |
| RAMON PEREZ | TREASURER Officer | 1 | $0 |
| MARIA GONZALEZ | SECRETARY Trustee or director | 1 | $0 |
| JONATHAN FIGUEROA | DIRECTOR Trustee or director | 1 | $0 |
| CARLOS LASANTA | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL GOMEZ | DIRECTOR Trustee or director | 1 | $0 |
| HECTOR ROBLES | DIRECTOR Trustee or director | 1 | $0 |
| ALEJANDRO BOU | DIRECTOR Trustee or director | 1 | $0 |
| LILLIAN DOMINGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| ANTONIO TORRES | DIRECTOR Trustee or director | 1 | $0 |
| ANA GONZALEZ | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 6309, BAYAMON, PR 00960-5309
- In care of
- % EDUARDO NEVAREZ
- Principal officer (990 for 2023)
- EDUARDO NEVAREZ, PO BOX 6309, BAYAMON, PR 00960
- Signed the 990
- CECILIA C COLON, CPA
- Phone
- (787) 787-9005
- Return prepared by
- MORALES HERNANDEZ & CO LLC
Mission
TO NBSP;PROVIDE NBSP;MODERATE NBSP;AND NBSP;LOW NBSP;COST NBSP;HOUSING NBSP;TO NBSP;THE NBSP;RESIDENTS NBSP;OF NBSP;BAYAMON NBSP;PUERTO NBSP;RICO
Program accomplishments
- THE ENTITY OPERATES THREE PROJECTS AND ADMINISTERS A FOURTH. TWO PROJECTS WERE CONSTRUCTED WITH FEDERAL FUNDS PASSED THROUGH THE MUNICIPALITY OF BAYAMON. THE THIRD PROJECT ALSO RECEIVES SECTION 8 TENANTS. ALSO, THE PROJECT GENERATES COMMERCIAL RENTExpenses $679,263 · grants $97,142 · revenue $929,146
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 66-0490822
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $2,985,840
- Income (IRS master file)
- $929,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $929,146 | $868,679 | $2,985,840 | XML |
| 990 | December 2022 | $904,563 | $810,869 | $3,095,080 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 66-0490822).
Questions about CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD
- What is the EIN of CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD?
- The employer identification number (EIN) of CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD is 66-0490822.
- Is CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD 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 DE LA VIVIENDA DE BAYAMON CD 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 CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD?
- The 990 for the year ended December 31, 2023 names EDUARDO NEVAREZ.
- Who are the officers and directors of CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD?
- The 990 for the year ended December 31, 2023 lists 13 people; 1 received compensation from the organization, the highest $65,093 (EDUARDO NEVAREZ, EXECUTIVE DIRECTOR).
- How much revenue does CORPORACION PARA EL DESARROLLO DE LA VIVIENDA DE BAYAMON CD have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $929,146, expenses of $868,679 and total assets of $2,985,840 at year end.
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All nonprofits in BAYAMON · Puerto Rico · Housing and shelter