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Accion Social De Puerto Rico Inc

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

EIN: 660393364 ✦ Guaynabo, PR ✦ Designated as a 501(c)(3)

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Overview

What is Accion Social De Puerto Rico Inc?

Accion Social De Puerto Rico Inc is a nonprofit organization based in Puerto Rico, specifically at PO Box 3930, Guaynabo, PR, 009703930. Their mission is to offer comprehensive services to low-income families, aimed at helping them achieve self-sufficiency and ultimately reduce poverty in Puerto Rico. Their initiatives encompass elderly centers, education, music and arts, tutorials, and community involvement. In the elderly centers, they provide favorable conditions and capable personnel to improve physical and mental conditions, with services including nutrition, social services, health services, transportation, and recreational activities. Additionally, they incorporate hydroponics techniques in their agricultural landscaping programs and train elderly and low-income youth in creating self-employment micro-enterprises to provide alternatives and inexpensive ways to develop self-employment within communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Accion Social De Puerto Rico Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The rating is based solely on its impressive Accountability & Finance score of 94%, indicating thorough oversight and governance practices. The organization demonstrates a commitment to transparency with a fully independent board and a solid framework for financial reporting.

One of the standout features of Accion Social De Puerto Rico Inc is its effective use of resources, with a program expense ratio of 91.07%. This high percentage suggests that a significant portion of its funding is directed towards its mission-driven programs rather than administrative costs. Additionally, the organization has established robust policies, including those related to conflict of interest and whistleblower protections, which further enhances its credibility.

While the data highlights numerous strengths, it is important for potential donors and stakeholders to conduct their research and consider the specific impact of the organization's programs. Overall, the strong financial metrics and governance practices position Accion Social De Puerto Rico Inc as a reliable nonprofit focused on maximizing its social impact.


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

Is Accion Social De Puerto Rico Inc legitimate?

Accion Social De Puerto Rico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accion Social De 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: $303,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,745,855

For more financial information, click here

What is the mission statement of Accion Social De Puerto Rico Inc?

Accion Social De Puerto Rico Inc strives to provide comprehensive services to low-income families in Puerto Rico, helping them achieve self-sufficiency and reduce poverty. Their mission encompasses various programs, including education, elderly centers, music and arts, tutorials, and community involvement. The elderly centers program offers favorable conditions and capable personnel to improve the physical and mental well-being of older adults, enabling them to reach a high level of self-sufficiency. This program includes services like nutrition, social services, health services, transportation, and recreational activities. Additionally, Accion Social De Puerto Rico Inc incorporates hydroponics techniques with traditional agricultural landscaping, training the elderly and low-income youth to create self-employment micro enterprises. The goal is to provide alternatives for developing self-employment in low-income communities in an inexpensive way.

Who is the CEO of Accion Social De Puerto Rico Inc?

Nilda Olmeda Velez is the Executive Director of Accion Social De Puerto Rico Inc.

What is the revenue of Accion Social De Puerto Rico Inc?

Accion Social De Puerto Rico Inc's revenue in 2022 was $28,789,552.

Who are the executives of Accion Social De Puerto Rico Inc and what are their salaries?

The average compensation at Accion Social De Puerto Rico Inc during 2022 was $12,130. There are 746 employees at Accion Social De Puerto Rico Inc.


Here are 4 key members and their salaries:


Nilda Olmeda Cpa (Executive Director)
  • Compensation: $85,819
  • Related: $0
  • Other: $0
Marylene Tosado (Finance Director)
  • Compensation: $76,198
  • Related: $0
  • Other: $0
Carmen Otero (Sub Director)
  • Compensation: $73,495
  • Related: $0
  • Other: $0
Edwin Ramos (Human Resource Director)
  • Compensation: $67,618
  • Related: $0
  • Other: $0
Where can I find the form 990 for Accion Social De Puerto Rico Inc?

Accion Social De Puerto Rico Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Accion Social De Puerto Rico Inc

Accion Social De Puerto Rico Inc, a mission-driven organization, strives to provide the most comprehensive services to low-income families in Puerto Rico. The ultimate goal is to help these families achieve self-sufficiency and reduce poverty in the region. The organization's programs encompass various initiatives such as elder care, education, arts and music, tutorials, and community involvement.

One of the notable programs offered by Accion Social De Puerto Rico Inc is the Elderly Centers. These centers cater to low-income individuals who are 55 years or older, offering them favorable conditions and capable personnel to improve their physical and mental well-being. The centers provide a range of services including nutrition, social services, health services, transportation, and recreational activities. Furthermore, the organization combines hydroponics techniques with traditional agricultural landscaping to teach self-employment skills to the elderly and low-income youth. The aim is to equip them with alternative and affordable ways to develop self-employment opportunities within their communities.

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Impact




October, 2024

Accion Social De Puerto Rico Inc significantly impacts low-income families by providing a wide range of comprehensive services aimed at fostering self-sufficiency and reducing poverty. Their programs are strategically designed to address the needs of various community members, particularly focusing on the elderly.

The Elderly Centers Program plays a crucial role by offering services that enhance the physical and mental well-being of individuals aged 55 and older. Participants benefit from nutrition assistance, social services, health support, transportation, and recreational activities, all of which contribute to improved lifestyles and greater self-sufficiency.

Moreover, Accion Social integrates innovative approaches, such as training in hydroponics and traditional agricultural techniques, empowering both elderly individuals and youth to create self-employment micro-enterprises. This initiative not only provides practical skills but also fosters economic independence within low-income communities.

By emphasizing education, arts, community involvement, and tailored support services, Accion Social De Puerto Rico Inc catalyzes positive change, directly addressing the challenges faced by vulnerable populations in Puerto Rico. Their multifaceted approach ensures that families not only receive assistance but are also equipped to forge their own paths toward stability and growth.




This information is meant to be a general summary of Accion Social De 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
$28,789,552 (2022)
Expenses
$28,093,025 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $28,789,552

Assets and Liabilities:

  • Total Assets: $13,599,898
  • Total Liabilities: $8,220,874
  • Net Assets: $5,379,024

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Organization Details

Founding Year

1982

Principal Officer

Nilda Olmeda Velez

Main Address

PO BOX 3930, GUAYNABO, PR, 009703930

NTEE Category

Code: J20Z - Employment

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