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Asociacion Benefica De Ponce Inc

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

EIN: 660424216 ✦ Ponce, PR ✦ Designated as a 501(c)(3)

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Overview

What is Asociacion Benefica De Ponce Inc?

Asociacion Benefica De Ponce Inc, a nonprofit organization based in Ponce, Puerto Rico, is committed to enhancing the lives of senior citizens. Located at PO BOX 8110, this organization's mission is to improve the quality of life for senior citizens, promoting a healthy family environment and lifestyle. They achieve this by taking social responsibility in Ponce. The primary activity of Asociacion Benefica De Ponce Inc is providing nutritional assistance, ensuring that needed senior citizens have access to food. With a dedicated workforce of 39 individuals, the organization is making a significant impact in the community.

Is Asociacion Benefica De Ponce Inc legitimate?

Asociacion Benefica De Ponce Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asociacion Benefica De Ponce 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: $39,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $397,361

For more financial information, click here

What is the mission statement of Asociacion Benefica De Ponce Inc?

Asociacion Benefica De Ponce Inc's mission is centered around enhancing the quality of life for senior citizens. They strive to achieve this goal by promoting a healthy family environment and living conditions. The organization believes in taking social responsibility to make a positive impact in this regard. In practical terms, they provide nutritional assistance, offering food to those in need among the senior citizen population.

Who is the CEO of Asociacion Benefica De Ponce Inc?

Sarahi Velez Valera is the Director of Asociacion Benefica De Ponce Inc.

What is the revenue of Asociacion Benefica De Ponce Inc?

Asociacion Benefica De Ponce Inc's revenue in 2023 was $744,552.

Who are the executives of Asociacion Benefica De Ponce Inc and what are their salaries?

The average compensation at Asociacion Benefica De Ponce Inc during 2023 was $11,200. There are 39 employees and 10 volunteers at Asociacion Benefica De Ponce Inc.


Here are 5 key members and their salaries:


Sarahi Velez (Director)
  • Compensation: $39,432
  • Related: $0
  • Other: $0
Nylda R Gonzalez Pagan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Green (Vicepresident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleida Lago (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlyn Caballer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asociacion Benefica De Ponce Inc?

Asociacion Benefica De Ponce Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Asociacion Benefica De Ponce Inc

Asociacion Benefica De Ponce Inc is committed to enhancing the quality of life for senior citizens, promoting a healthy living environment, and fostering a sense of family within this demographic. The organization takes on this social responsibility with the aim of improving the lives of senior citizens in a holistic manner. One of their key initiatives involves providing nutritional assistance to those in need. By offering food supplies, Asociacion Benefica De Ponce Inc ensures that senior citizens have access to essential nutrients, thereby contributing to their overall well-being. The mission of Asociacion Benefica De Ponce Inc is multifaceted, aiming to improve the lives of senior citizens in various aspects, ultimately striving for a healthier and more fulfilling existence for this group.

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Impact




October, 2024

Asociacion Benefica De Ponce Inc significantly enhances the quality of life for senior citizens in Ponce by fostering a supportive and healthy living environment. Through its dedicated efforts, the organization provides essential nutrition assistance, ensuring that vulnerable seniors receive the food they need. By taking social responsibility seriously, it promotes not only physical well-being but also a sense of community and belonging among the elderly population. This initiative is vital in creating healthier lifestyles and improving the overall health outlook for seniors, allowing them to live with dignity and care in their golden years.




This information is meant to be a general summary of Asociacion Benefica De Ponce 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
$744,552 (2023)
Expenses
$684,071 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $744,552

Assets and Liabilities:

  • Total Assets: $335,787
  • Total Liabilities: $3,249
  • Net Assets: $332,538

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Organization Details

Founding Year

1939

Principal Officer

Sarahi Velez Valera

Main Address

PO BOX 8110, PONCE, PR, 00732

NTEE Category

Code: L22 - Housing

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