Comite Olimpico De Pr Inc

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

EIN: 660319546 ✦ San juan, PR ✦ Designated as a 501(c)(3)

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Overview

What is Comite Olimpico De Pr Inc?

Comite Olimpico De Pr Inc is a nonprofit organization located in San Juan, Puerto Rico. Its primary mission is to support and empower high-performance athletes, preparing them to represent Puerto Rico in international sports competitions. The organization provides financial assistance and training facilities to athletes and their federations, aiding them in covering operational expenses such as transportation, training, and meals during tournaments. The entity's support extends to covering essentials like transportation, meals, and training facilities, enabling athletes to focus on their performances. With a total of 27 employees, Comite Olimpico De Pr Inc plays a crucial role in nurturing Puerto Rico's athletic talent on the global stage.


Official website here: www.copur.pr/

Is Comite Olimpico De Pr Inc legitimate?

Comite Olimpico De Pr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comite Olimpico De Pr 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: $111,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,283

For more financial information, click here


Official website here: www.copur.pr/

What is the mission statement of Comite Olimpico De Pr Inc?

Comite Olimpico De Pr Inc's mission revolves around the training and development of high-performance athletes, aiming to represent Puerto Rico in international sports competitions. The entity also provides financial assistance and training facilities to these athletes and their respective federations, ensuring they have the necessary support to excel in their respective sports. The organization supports sports delegations and federations financially, covering operational and administrative expenses such as transportation, training, and meals during tournaments. Training facilities are also made available to athletes and their federations.


Official website here: www.copur.pr/

Who is the CEO of Comite Olimpico De Pr Inc?

Sara Rosario Velez is the President of Comite Olimpico De Pr Inc.


Official website here: www.copur.pr/

What is the revenue of Comite Olimpico De Pr Inc?

Comite Olimpico De Pr Inc's revenue in 2022 was $11,245,976.


Official website here: www.copur.pr/

Who are the executives of Comite Olimpico De Pr Inc and what are their salaries?

The average compensation at Comite Olimpico De Pr Inc during 2022 was $30,460. There are 27 employees at Comite Olimpico De Pr Inc.


Here are 10 key members and their salaries:


Sara Rosario Velez (President)
  • Compensation: $111,138
  • Related: $0
  • Other: $0
Victor Ruiz (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Lopez (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Beltran (General Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Santos (Deputy Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Humberto Torres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mildred Colon (Deputy Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Delgado (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar Trabanco (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Santiago (Athlete Delegate)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.copur.pr/

Where can I find the form 990 for Comite Olimpico De Pr Inc?

Comite Olimpico De Pr Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.copur.pr/

Learn more at the official website: www.copur.pr/

Mission Statement of Comite Olimpico De Pr Inc

Comite Olimpico de Pr Inc is dedicated to the training and development of high-performance athletes, preparing them for international sports competitions. This organization provides not only financial assistance but also training facilities to athletes and their respective federations. By supporting sports delegations and federations financially, Comite Olimpico de Pr Inc helps cover their operational expenses, including transportation, training, and meals for various tournaments. Furthermore, the entity offers training facilities to athletes and their federations, aiding in their preparation for international competitions.

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Impact




October, 2024

Comite Olimpico De Pr Inc plays a significant role in the development and success of high-performance athletes in Puerto Rico. By focusing on training and athlete development, the organization enables Puerto Rican athletes to compete on an international stage, fostering national pride and representation in diverse sports.

The financial support provided to sports delegations and federations is crucial in facilitating their operations. This assistance helps cover essential expenses such as transportation, meals, and training, ensuring that athletes can focus on their performance without the burden of financial constraints. Additionally, the availability of quality training facilities enhances athletes' preparation, allowing them to hone their skills effectively.

By investing in both individual athletes and their federations, Comite Olimpico De Pr Inc cultivates a robust sports environment in Puerto Rico, promoting excellence and encouraging participation in athletics. This structured support not only addresses the immediate needs of athletes but also contributes to the overall growth of sports as a vital part of the community. Through its initiatives, the organization significantly impacts the landscape of athletics in Puerto Rico, facilitating greater achievements and inspiring future generations of athletes.




This information is meant to be a general summary of Comite Olimpico De Pr 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
$11,245,976 (2022)
Expenses
$11,288,702 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,525
  • Gross Receipts: $11,259,973

Assets and Liabilities:

  • Total Assets: $13,304,502
  • Total Liabilities: $287,364
  • Net Assets: $13,017,138

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Organization Details

Founding Year

1966

Principal Officer

Sara Rosario Velez

Main Address

PO BOX 9020008, San Juan, PR, 00902

NTEE Category

Code: N70 - Recreation

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