Asociacion Fomento Educativo Inc

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

EIN: 660372757 ✦ Guaynabo, PR ✦ Designated as a 501(c)(3)

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Overview

What is Asociacion Fomento Educativo Inc?

Asociacion Fomento Educativo Inc, based in Guaynabo, Puerto Rico, is a nonprofit organization dedicated to promoting personal growth and development. They provide a nurturing environment for university students through rooms and board, offering study halls, meeting rooms, and hosting conferences, seminars, and events. Additionally, they offer leadership programs for students and social aid activities for low-income individuals, such as lectures, seminars, and workshops. Their mission is to foster and facilitate the development of individuals, encouraging maturity and personal growth. In summary, Asociacion Fomento Educativo Inc is a nonprofit organization that supports university students and low-income individuals in Puerto Rico, offering a family-like atmosphere, educational opportunities, and social aid programs to promote personal growth and development.


Official website here: www.afepr.org

What do the Facebook reviews say about Asociacion Fomento Educativo Inc?

100% of the six reviewers on Facebook recommend Asociacion Fomento Educativo Inc. Here is a summary of their reviews:

The sentiments expressed are overwhelmingly positive, highlighting an excellent experience with the nonprofit. Users appreciate the organization's efforts and have shared their intentions to inform friends and family in Puerto Rico about the services offered. There is a clear sense of satisfaction among supporters, indicating that the nonprofit successfully meets its mission and resonates well with the community.

Overall, the feedback demonstrates a strong endorsement, suggesting that Asociacion Fomento Educativo Inc. is making a meaningful impact and is well-regarded by those who have interacted with it.


This AI summary has been generated from reviews found on Facebook.

Is Asociacion Fomento Educativo Inc legitimate?

Asociacion Fomento Educativo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asociacion Fomento Educativo 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: $30,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,461

For more financial information, click here


Official website here: www.afepr.org

What is the mission statement of Asociacion Fomento Educativo Inc?

Asociacion Fomento Educativo Inc, a non-profit organization, is committed to fostering and facilitating the growth of individuals. They achieve this through various means, including lectures, seminars, leadership programs for students, and social activities for less fortunate individuals. The organization's mission includes promoting maturity in individuals across different formation centers, catering to individuals of all ages and social conditions. Moreover, they offer a family-like atmosphere for university students, providing rooms and board, study halls, meeting rooms, and organizing conferences, seminars, and activities for young professionals as they transition into the professional world. Additionally, Asociacion Fomento Educativo Inc extends social aid to low-income individuals.


Official website here: www.afepr.org

Who is the CEO of Asociacion Fomento Educativo Inc?

Carlos Cervera is the Executive Director of Asociacion Fomento Educativo Inc.


Official website here: www.afepr.org

What is the revenue of Asociacion Fomento Educativo Inc?

Asociacion Fomento Educativo Inc's revenue in 2022 was $967,430.


Official website here: www.afepr.org

Who are the executives of Asociacion Fomento Educativo Inc and what are their salaries?

The average compensation at Asociacion Fomento Educativo Inc during 2022 was $27,677. There are 6 employees and 100 volunteers at Asociacion Fomento Educativo Inc.


Here are 11 key members and their salaries:


Manuel Diaz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dionisio Trigo (Vicepresident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose M Medina (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sigfrido Fernandez (Subsecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hunter (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virgen Torres (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elba Negron (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Arias (Vcoal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erwin Maldonado (Subtreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Ortiz (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Cervera (Executive Director)
  • Compensation: $30,600
  • Related: $0
  • Other: $0


Official website here: www.afepr.org

Where can I find the form 990 for Asociacion Fomento Educativo Inc?

Asociacion Fomento Educativo Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.afepr.org

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

Mission Statement of Asociacion Fomento Educativo Inc

Asociación Fomento Educativo Inc, a nonprofit organization, is dedicated to promoting and facilitating personal growth among individuals in various educational settings, welcoming individuals from all age groups and social backgrounds. The organization's purpose includes fostering and facilitating the development of individuals through lectures, seminars, leadership programs for students, and social activities for the underprivileged.

At the heart of Asociación Fomento Educativo Inc's mission is the belief in the potential of every individual. The organization achieves this by offering a range of educational opportunities and activities. These include leadership programs designed to nurture future leaders among students, and social activities aimed at uplifting the less fortunate. The organization also hosts seminars and conferences, providing a platform for intellectual exchange and personal development.

Furthermore, Asociación Fomento Educativo Inc extends its support to young professionals, offering them assistance in the transition from college to the professional world. The organization recognizes the unique challenges that come with this transition and provides activities and resources to help these individuals navigate this critical phase in their lives.

In addition to its educational initiatives, Asociación Fomento Educativo Inc also engages in social work, providing aid to low-income individuals. The organization offers various forms of social help, including activities and resources designed to improve their quality of life.

In summary, Asociación Fomento Educativo Inc is a nonprofit organization committed to fostering personal growth and development among individuals. Through its various programs and activities, the organization offers a wide range of opportunities for intellectual growth, leadership development, and social support.

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Impact




October, 2024

Asociacion Fomento Educativo Inc significantly impacts the community by promoting individual development across various age groups and social backgrounds. Its flagship initiative, the Puertorreal University Residence, offers university students a supportive environment that includes accommodations, study facilities, and opportunities for professional growth. Through seminars, conferences, and leadership programs, it equips students with essential skills for their transition from academic life to the workforce.

Additionally, the organization addresses social needs by providing assistance to low-income individuals, creating opportunities for social engagement and support. By fostering a nurturing atmosphere, Asociacion Fomento Educativo Inc not only enhances educational outcomes but also strengthens community ties, empowering individuals to thrive and contribute positively to society.




This information is meant to be a general summary of Asociacion Fomento Educativo 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
$967,430 (2022)
Expenses
$1,051,838 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $908,058
  • Gross Receipts: $967,430

Assets and Liabilities:

  • Total Assets: $9,694,411
  • Total Liabilities: $1,270,936
  • Net Assets: $8,423,475

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Programs

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

Educational Support Services

Revenue

$726,168

Professors and univ student's residence

Revenue

$181,890

Organization Details

Founding Year

1978

Principal Officer

Carlos Cervera

Main Address

A35 CALLE A, GUAYNABO, PR, 009662200

NTEE Category

Code: B00 - Education

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