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Puertorriquenos Asociados For Community Organization Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 221911769 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Puertorriquenos Asociados For Community Organization Inc?

Puertorriquenos Asociados For Community Organization Inc, based in Jersey City, New Jersey, is a nonprofit organization dedicated to empowering and assisting its community to achieve their desired successes. With a team of 24 employees, the organization provides a range of social, human, and educational services to support its community. One of their significant efforts involves assisting low-income households with energy conservation by offering programs that help cover heating and cooling bills, provide emergency heating system services, and offer fuel assistance and weatherization of homes to improve heating system efficiency and conserve energy. Additionally, Puertorriquenos Asociados For Community Organization Inc works towards providing affordable housing to low-and-moderate income families and participates in educational reform efforts.


Official website here: www.pacoagency.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 85% (Three-Star out of Four Star rating)

Puertorriquenos Asociados For Community Organization Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong focus on accountability and finance. The organization excels in several key areas, including having a fully independent board and effective financial oversight, which contributes to its high score in accountability. The program expense ratio of 96.10% is particularly notable, demonstrating that a significant majority of its funds are directed towards its programs.

However, there are some limitations that potential supporters should be aware of. The organization is lacking a whistleblower policy, which may raise concerns about internal governance and transparency. Additionally, the absence of its tax form on the nonprofit's website could hinder the accessibility of important information for donors and stakeholders.

Overall, while Puertorriquenos Asociados For Community Organization Inc shows strong financial accountability and program effectiveness, addressing these gaps in policy documentation could enhance its transparency and trustworthiness in the eyes of the public.


This AI summary has been generated from information found on Charity Navigator.

Is Puertorriquenos Asociados For Community Organization Inc legitimate?

Puertorriquenos Asociados For Community Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puertorriquenos Asociados For Community Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $118,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $849,508

For more financial information, click here


Official website here: www.pacoagency.org

What is the mission statement of Puertorriquenos Asociados For Community Organization Inc?

Puertorriquenos Asociados For Community Organization Inc, often referred to as PACO, has a mission to empower and aid the community in achieving their desired successes. They accomplish this mission by providing a range of social, human, and educational services. Additionally, PACO works towards offering affordable housing for low- and moderate-income families and participates in educational reform initiatives.


Official website here: www.pacoagency.org

Who is the CEO of Puertorriquenos Asociados For Community Organization Inc?

Julio Garcia is the Executive Director of Puertorriquenos Asociados For Community Organization Inc.


Official website here: www.pacoagency.org

What is the revenue of Puertorriquenos Asociados For Community Organization Inc?

Puertorriquenos Asociados For Community Organization Inc's revenue in 2022 was $2,990,393.


Official website here: www.pacoagency.org

Who are the executives of Puertorriquenos Asociados For Community Organization Inc and what are their salaries?

The average compensation at Puertorriquenos Asociados For Community Organization Inc during 2022 was $40,345. There are 24 employees and 11 volunteers at Puertorriquenos Asociados For Community Organization Inc.


Here are 12 key members and their salaries:


Julio Garcia (Executive Director)
  • Compensation: $98,906
  • Related: $0
  • Other: $33,332
Frank Molina (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonia Araujo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Israel Nieves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward P Fowlkes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivianne Jimenez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vishnu Khemraj (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Kolling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vidal Ledda (Sgt. At Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0
Narcisco Moquete (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Rivera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deacon Cesar Sarmiento (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pacoagency.org

Where can I find the form 990 for Puertorriquenos Asociados For Community Organization Inc?

Puertorriquenos Asociados For Community Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pacoagency.org

Learn more at the official website: www.pacoagency.org

Mission Statement of Puertorriquenos Asociados For Community Organization Inc

Puertorriquenos Asociados For Community Organization Inc, often referred to as PACO, is a nonprofit organization dedicated to empowering and aiding the community in achieving their desired successes. PACO achieves this mission by offering a diverse range of social, human, and educational services. One of their significant contributions is providing affordable housing options for low- and moderate-income families. Additionally, PACO is actively involved in educational reform efforts, playing a crucial role in shaping the educational landscape of the community. The organization's mission is a testament to its commitment to uplifting and supporting its community, contributing to their overall well-being and success.

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Impact




October, 2024

Puertorriquenos Asociados For Community Organization Inc (PACO) plays a crucial role in empowering the community and fostering a supportive environment for its members to achieve their goals. By providing a diverse range of social, human, and educational services, PACO addresses the fundamental needs of low- and moderate-income families in Jersey City, NJ. Their initiatives not only focus on immediate relief but also promote long-term stability.

PACO's impact is particularly significant in housing, as they work tirelessly to offer affordable housing solutions. This endeavor helps families secure safe and stable living conditions, which is vital for overall well-being and community development. Additionally, PACO participates in educational reform efforts, aiming to enhance access to quality education and improve outcomes for individuals within the community.

Through targeted programs like energy conservation services, PACO assists low-income households struggling with heating and cooling costs. This support not only alleviates financial stress but also contributes to energy efficiency and sustainability. By addressing these critical issues, PACO helps families manage their resources more effectively, enabling them to focus on achieving their aspirations and improving their quality of life.

Overall, PACO's comprehensive approach to community empowerment creates a ripple effect, fostering resilience and progress within the community while uplifting individuals toward their desired successes.




This information is meant to be a general summary of Puertorriquenos Asociados For Community Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,990,393 (2022)
Expenses
$3,130,324 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $398
  • Program Service Revenue: $72,414
  • Gross Receipts: $2,990,393

Assets and Liabilities:

  • Total Assets: $1,423,450
  • Total Liabilities: $1,313,591
  • Net Assets: $109,859

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW-INCOME HOUSING REN

Revenue

$72,414

Organization Details

Founding Year

1970

Principal Officer

Julio Garcia

Main Address

392 MANILA AVENUE, JERSEY CITY, NJ, 07302

NTEE Category

Code: L81Z - Housing

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