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Asociacion Hecho En Puerto Rico Inc

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

EIN: 660262723 ✦ San juan, PR ✦ Designated as a 501(c)(6)

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Overview

What is Asociacion Hecho En Puerto Rico Inc?

Asociacion Hecho En Puerto Rico Inc is a nonprofit organization dedicated to supporting and promoting locally produced goods. They accomplish this by hosting events, advocating for relevant legislation, and facilitating connections between manufacturers and governmental agencies. Yearly, they organize member meetings complete with educational seminars and conferences, addressing industry-specific regulations and legislations. Furthermore, they conduct forums and promotional activities to educate members and the public about these new laws. The association serves as a bridge between manufacturers and service providers, connecting them with relevant governmental entities.

Is Asociacion Hecho En Puerto Rico Inc legitimate?

Asociacion Hecho En Puerto Rico Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Asociacion Hecho En Puerto Rico 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: $133,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,530

For more financial information, click here

What is the mission statement of Asociacion Hecho En Puerto Rico Inc?

Asociacion Hecho En Puerto Rico Inc's mission is centered around promoting locally produced goods. They achieve this by organizing various activities and advocating for favorable legislation for the Puerto Rican industry. The association hosts annual meetings featuring seminars and conferences on industry-related topics, including new regulations and legislation. They also conduct educational seminars, forums, and promotional events to inform both members and the general public about these legislative changes. Furthermore, Asociacion Hecho En Puerto Rico Inc facilitates networking opportunities between manufacturers and service providers and governmental agencies to foster a supportive environment for the local industry.

What is the revenue of Asociacion Hecho En Puerto Rico Inc?

Asociacion Hecho En Puerto Rico Inc's revenue in 2024 was $1,959,363.

Who are the executives of Asociacion Hecho En Puerto Rico Inc and what are their salaries?

The average compensation at Asociacion Hecho En Puerto Rico Inc during 2024 was $14,647. There 10 volunteers at Asociacion Hecho En Puerto Rico Inc.

Here are 5 key members and their salaries:


Teresa Berrios (Executive Director)
  • Compensation: $72,037
  • Related: $0
  • Other: $0
Carmen Ramirez (Administrator)
  • Compensation: $50,303
  • Related: $0
  • Other: $5,400
Marta Rodriguez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvador Ramirez Cardona (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asociacion Hecho En Puerto Rico Inc?

Asociacion Hecho En Puerto Rico Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Asociacion Hecho En Puerto Rico Inc

Asociacion Hecho En Puerto Rico Inc is dedicated to promoting locally produced goods by utilizing various activities and advocating for favorable legislation for the Puerto Rican industry. The association accomplishes this by hosting annual member meetings that encompass informative seminars and conferences, focusing on topics such as new regulations and legislation relevant to the industry. Furthermore, Asociacion Hecho En Puerto Rico Inc conducts seminars, forums, and promotional events to keep both members and the general public informed about these newly implemented laws. Additionally, the organization facilitates connections between local manufacturers and service providers with relevant governmental agencies, ensuring a collaborative and supportive environment for the Puerto Rican industry.

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Impact




October, 2024

Asociacion Hecho En Puerto Rico Inc plays a vital role in enhancing the local economy by promoting Puerto Rican-made products. Through a series of activities, including annual meetings, seminars, and forums, the organization educates industry members and the public about new regulations and legislative developments that impact local manufacturing. By fostering connections between manufacturers, service providers, and government agencies, the association strengthens the framework for local industry collaboration.

Its efforts not only raise awareness about the importance of supporting locally produced goods but also advocate for policies that benefit the Puerto Rican economy. This dual approach of grassroots promotion and legislative support significantly contributes to community improvement and the sustainability of local businesses, ultimately enhancing the overall economic landscape in Puerto Rico.




This information is meant to be a general summary of Asociacion Hecho En Puerto Rico 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
$1,959,363 (2024)
Expenses
$1,964,533 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,275
  • Program Service Revenue: $1,132,451
  • Gross Receipts: $1,959,363

Assets and Liabilities:

  • Total Assets: $1,625,075
  • Total Liabilities: $634,831
  • Net Assets: $990,244

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Programs

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

EXHIBITION FERIES

Revenue

$134,372

SEMINARS AND FORUMS

Revenue

$121,832

MEMBERS ACTIVITIES

Revenue

$577,026

CONSULLTING INFORMS

Revenue

$185,172

MISCELLANEOUS INCOME

Revenue

$114,049

Organization Details

Founding Year

1967

Principal Officer

Carmen Ramirez

NTEE Category

Code: S41 - Community improvement

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