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Pro Viviendas Iii Inc

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

EIN: 660519280 ✦ San juan, PR ✦ Designated as a 501(c)(3)

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Overview

What is Pro Viviendas Iii Inc?

Pro Viviendas III Inc is a nonprofit organization situated in San Juan, Puerto Rico. Their primary mission is to provide and preserve affordable rental housing for families with moderate and low incomes. At the end of the year, they managed to accommodate 90% of families in need, offering housing to 108 households. Their services extend beyond just housing, as they also organize various educational, social, health, and recreational activities through their social services office located at the project. These activities aim to enhance the overall well-being of the residents.

Is Pro Viviendas Iii Inc legitimate?

Pro Viviendas Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pro Viviendas Iii 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pro Viviendas Iii Inc?

Pro Viviendas III Inc's mission is centered around providing and preserving affordable rental housing for families with moderate and low income levels. This organization strives to make a significant impact in the housing sector, ensuring that a substantial number of families have access to suitable living spaces. At the end of the year, Pro Viviendas III Inc managed to provide housing to 108 families, maintaining a 90% occupancy rate. Beyond just providing housing, the organization also offers various educational, social, health, and recreational activities through its social services office, aiming to enhance the overall quality of life for its residents.

Who is the CEO of Pro Viviendas Iii Inc?

Carmen Melero is the Member of Pro Viviendas Iii Inc. The CEO's salary of Pro Viviendas Iii Inc is $30,000 and their total compensation is $30,000.

What is the revenue of Pro Viviendas Iii Inc?

Pro Viviendas Iii Inc's revenue in 2022 was $1,134,473.

Who are the executives of Pro Viviendas Iii Inc and what are their salaries?

There 6 volunteers at Pro Viviendas Iii Inc.


Here are 7 key members and their salaries (Pro Viviendas Iii Inc's CEO's salary is $30,000 and their total compensation is $30,000):


Producir Inc Lissette Velez (Ceo Asset Ma)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Frank Ramrez Anglada (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Gzman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Melero (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blanco Enterprises - Enrique Nodars (Managing Age)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katiria Resto (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jos A Rivera Urrutia (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pro Viviendas Iii Inc?

Pro Viviendas Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pro Viviendas Iii Inc

Pro Viviendas III Inc, as a nonprofit organization, is dedicated to providing and preserving affordable rental housing for moderate and low-income families. This mission is essential in ensuring that families in need have access to a secure living space, promoting stability and well-being. At the end of each year, Pro Viviendas III Inc manages to provide housing for 108 families, maintaining a high occupancy rate of 90%. In addition to providing housing, the organization also operates a social services office within the project. This office facilitates various educational, social, health, and recreational activities, aiming to enrich the lives of the residents and create a supportive community. Pro Viviendas III Inc's mission is a testament to its commitment to making a positive impact on the lives of those in need, offering them a secure and nurturing living environment.

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Impact




October, 2024

Pro Viviendas III Inc significantly contributes to addressing the pressing need for affordable rental housing in San Juan, Puerto Rico. By maintaining a 90% occupancy rate, the organization successfully provides housing to 108 families, ensuring that moderate and low-income households have a stable place to live. Beyond just housing, Pro Viviendas III Inc enhances the quality of life for its residents by facilitating educational, social, health, and recreational activities through its social services office. This holistic approach not only preserves affordable living options but also fosters community well-being and support for families in need.




This information is meant to be a general summary of Pro Viviendas Iii 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
$1,134,473 (2022)
Expenses
$1,168,578 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,133
  • Program Service Revenue: $893,181
  • Gross Receipts: $1,134,473

Assets and Liabilities:

  • Total Assets: $4,348,914
  • Total Liabilities: $628,090
  • Net Assets: $3,720,824

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Programs

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

TENANT ASSISTANCE PAYMENTS

Revenue

$827,955

RENT REVENUE - NET

Revenue

$65,226

Organization Details

Founding Year

1995

Principal Officer

Carmen Melero

Main Address

PO BOX 10563, SAN JUAN, PR, 00922

NTEE Category

Code: L40 - Housing

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