Altergarten Las Teresas Ii Inc

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

EIN: 660398625 ✦ San juan, PR ✦ Designated as a 501(c)(3)

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Overview

What is Altergarten Las Teresas Ii Inc?

Altergarten Las Teresas II Inc is a nonprofit organization situated in San Juan, Puerto Rico. Their primary focus is on providing housing for elderly and physically impaired families, operating a project specifically designed for this purpose. They receive tenant assistance payments under Section 8 of HUD, demonstrating their commitment to ensuring affordable housing for those in need. The corporation actively manages and operates this housing project, offering a safe and supportive environment for its residents.

Is Altergarten Las Teresas Ii Inc legitimate?

Altergarten Las Teresas Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altergarten Las Teresas Ii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,745

For more financial information, click here

What is the mission statement of Altergarten Las Teresas Ii Inc?

Altergarten Las Teresas II Inc. is an organization that runs a housing project, catering to the needs of elderly and physically impaired families. Located in Puerto Rico, this corporation operates with the primary objective of providing a suitable living environment for these families. The corporation's activities include managing a housing project and offering assistance to its tenants through section 8 of HUD's tenant assistance program. The mission of Altergarten Las Teresas II Inc. is to ensure a comfortable living space and necessary support for these vulnerable individuals, promoting their well-being and quality of life.

Who is the CEO of Altergarten Las Teresas Ii Inc?

Daisy Delgado is the President of Altergarten Las Teresas Ii Inc.

What is the revenue of Altergarten Las Teresas Ii Inc?

Altergarten Las Teresas Ii Inc's revenue in 2021 was $848,396.

Who are the executives of Altergarten Las Teresas Ii Inc and what are their salaries?


Here are 7 key members and their salaries:


Daisy Delgado (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Padua-Mendez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Santiago-Solivan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida I Cotto-Orta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisol Mendez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Ramos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zoraida Rondon-Nazario (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Altergarten Las Teresas Ii Inc?

Altergarten Las Teresas Ii Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Altergarten Las Teresas Ii Inc

Altergarten Las Teresas II, as a corporation, is committed to managing and operating a housing project aimed at serving the elderly and physically impaired families. This project is strategically located in San Juan, Puerto Rico. The mission of Altergarten Las Teresas II involves providing a living space that caters to the unique needs of this specific demographic, offering them a secure and supportive environment. The corporation's activities extend beyond mere housing, as they also participate in programs that receive tenant assistance payments under section 8 of HUD. This suggests a comprehensive approach to supporting the residents of Altergarten Las Teresas II, ensuring they have access to necessary resources and assistance.

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Impact




October, 2024

Altergarten Las Teresas II Inc plays a vital role in providing stable and affordable housing for elderly and physically impaired families in San Juan, Puerto Rico. By operating a dedicated housing project, it ensures that vulnerable populations have access to safe living conditions tailored to their specific needs. The organization not only addresses housing needs but also enhances the quality of life for residents through supportive programs that include tenant assistance payments under HUD's Section 8. This support fosters independence, community connection, and dignity among elderly and physically impaired individuals, allowing them to thrive in a supportive environment.




This information is meant to be a general summary of Altergarten Las Teresas Ii 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
$848,396 (2021)
Expenses
$828,891 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $813
  • Program Service Revenue: $826,772
  • Gross Receipts: $848,396

Assets and Liabilities:

  • Total Assets: $1,948,969
  • Total Liabilities: $1,517,997
  • Net Assets: $430,972

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Programs

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

TENANT RENT

Revenue

$214,469

TENANT ASSISTANT-HUD

Revenue

$580,191

SPECIAL CLAIM FOR VACANCIES

Revenue

$32,112

Organization Details

Founding Year

1999

Principal Officer

Daisy Delgado

Main Address

AZABACHE ST 905 65 INFANTERIA KM 4, SAN JUAN, PR, 00925

NTEE Category

Code: L21 - Housing

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