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Nonprofit · EIN 66-0847616

INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO

Tax-exempt · SAN JUAN, PR 00907

Financials

$350K$347K2023$410K$511K2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$409,853$511,358-$101,505$426,033$501,518-$75,485
December 31, 2023990$349,530$347,459$2,071$640,001$613,981$26,020
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$304,307
Program service revenue
$0
Investment income
$3,869
Other revenue
$101,677

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$76,985
Salaries, compensation and benefits (total)
$85,287
Professional fundraising fees
$0
Legal fees
$299,657
Program services (functional)
$253,210
Management and general (functional)
$258,148

Balance sheet and other

Total assets, start of year
$640,001
Total assets, end of year
$426,033
Total liabilities, end of year
$501,518
Net assets, end of year
-$75,485
Net assets without donor restrictions
-$75,485
Gross receipts
$409,853
Employees
1

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
JOSE E ROSSIPRESIDENT
Officer
10$0
JOSE FERNANDEZDIRECTOR
Officer
10$0
CARLOS DALMAUDIRECTOR
Officer
10$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RAMON A SANCHEPRESIDENT
Officer
10$0
JOSE FERNANDEZDIRECTOR
Officer
10$0
JUAN A LARREADIRECTOR
Officer
10$0

Address and contacts

Address (IRS master file)
701 AVE PONCE DE LEON STE 414, SAN JUAN, PR 00907-3255
In care of
% TOMAS J TORRES
Principal officer (990 for 2024)
JOSE E ROSSI, PO BOX 2128, SAN JUAN, PR 00922
Signed the 990
JOSE E ROSSI, PRESIDENT
Phone
(787) 630-9990
Return prepared by
UHY DEL VALLE & NIEVES PSC

Mission

TO CONDUCT EDUCATIONAL SERVICES THAT ARE EXCLUSIVELY WITHIN THE MEANING OF SECTION 501C3 OF THE IRS AND PARTICIPATE IN ACTIVITIES AND ALLIANCES THAT FOSTER SOCIOECONOMIC WELLBEING OF THE ISLAND

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION STUDIED THE ISLAND ENERGY SYSTEM PUBLISHED RESULTS
    Expenses $253,210

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
66-0847616
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$426,033
Income (IRS master file)
$409,853

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$409,853$511,358$426,033IRS
990December 2023$349,530$347,459$640,001XML
990December 2022$170,626$175,397$228,944IRS
990December 2021–––IRS
990June 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 66-0847616).

Questions about INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO

What is the EIN of INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO?
The employer identification number (EIN) of INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO is 66-0847616.
Is INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO 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 INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO 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 INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO 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 INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO?
The 990 for the year ended December 31, 2024 names JOSE E ROSSI.
Who are the officers and directors of INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does INSTITUTO DE COMPETITIVIDAD Y SOSTENIBILIDAD ECONOMICA DE PUERTO have?
On its 990 for the year ended December 31, 2024 it reported revenue of $409,853, expenses of $511,358 and total assets of $426,033 at year end.

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