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Forjando Un Nuevo Comienzo Corp

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

EIN: 660592098 ✦ Guaynabo, PR ✦ Designated as a 501(c)(3)

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Overview

What is Forjando Un Nuevo Comienzo Corp?

Forjando Un Nuevo Comienzo Corp is a nonprofit organization based in Guaynabo, Puerto Rico. Their primary mission is to offer employment opportunities to former convicts and provide financial and employment placement assistance to homeless and indigent individuals. To achieve this, they run three programs aimed at public housing residents, aiming to help them overcome the challenges preventing them from improving their quality of life. With a workforce of 75 employees, Forjando Un Nuevo Comienzo Corp is dedicated to making a positive impact in their community.

Is Forjando Un Nuevo Comienzo Corp legitimate?

Forjando Un Nuevo Comienzo Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forjando Un Nuevo Comienzo Corp 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: $561,820

For more financial information, click here

What is the mission statement of Forjando Un Nuevo Comienzo Corp?

Forjando Un Nuevo Comienzo Corp is dedicated to providing employment opportunities for individuals who have previously served time in prison. Additionally, the corporation extends its aid to homeless and financially struggling individuals, offering them employment placement assistance. Through these initiatives, Forjando Un Nuevo Comienzo Corp aims to empower these individuals and help them improve their livelihoods. The organization also operates housing programs to assist public housing residents in overcoming the challenges that hinder them from leading better lives.

Who is the CEO of Forjando Un Nuevo Comienzo Corp?

Moraima Oyola Pizarro is the Executive Director of Forjando Un Nuevo Comienzo Corp.

What is the revenue of Forjando Un Nuevo Comienzo Corp?

Forjando Un Nuevo Comienzo Corp's revenue in 2022 was $947,186.

Who are the executives of Forjando Un Nuevo Comienzo Corp and what are their salaries?

The average compensation at Forjando Un Nuevo Comienzo Corp during 2022 was $7,491. There are 75 employees at Forjando Un Nuevo Comienzo Corp.


Here are 10 key members and their salaries:


Moraima Oyola (Executive Director)
  • Compensation: $66,145
  • Related: $0
  • Other: $0
Jaime Jimenez (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Acevedo (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria M Rivera (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis J Vazquez Urouia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Sanchez Ramos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maribel Fuentes Colon (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Odemaris Cordova Cuevas (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xiomara Rivera Pacheco (Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Rivera (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Forjando Un Nuevo Comienzo Corp?

Forjando Un Nuevo Comienzo Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Forjando Un Nuevo Comienzo Corp

Forjando Un Nuevo Comienzo Corp is a nonprofit organization with a mission to offer employment opportunities to individuals who have served their time in prison and provide financial and employment placement assistance to homeless and indigent individuals. This mission is aimed at helping these individuals overcome the challenges that hinder them from leading a better life. One of the ways the organization accomplishes this is through their housing projects, which include three programs designed to provide viable options for public housing residents, enabling them to overcome the obstacles that prevent them from improving their quality of life.

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Impact




October, 2024

Forjando Un Nuevo Comienzo Corp is making a significant impact by creating pathways to employment for former convicts and supporting homeless individuals. By offering tailored employment opportunities, the organization assists those who may face barriers in securing stable jobs due to their past. This not only empowers individuals to regain their independence but also fosters a sense of community and reduces recidivism rates.

Additionally, the organization provides financial and employment placement assistance, addressing the immediate needs of homeless and indigent persons. Their housing project encompasses three specific programs aimed at enhancing the living conditions of public housing residents. By helping participants navigate obstacles that hinder their quality of life, Forjando Un Nuevo Comienzo Corp contributes to a more inclusive and supportive environment.

The organization’s efforts resonate deeply within Guaynabo, Puerto Rico, as they work to uplift vulnerable populations and promote sustainable livelihoods, ultimately fostering a stronger and more resilient community.




This information is meant to be a general summary of Forjando Un Nuevo Comienzo Corp. 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
$947,186 (2022)
Expenses
$865,025 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $947,186

Assets and Liabilities:

  • Total Assets: $269,991
  • Total Liabilities: $48,492
  • Net Assets: $221,499

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Organization Details

Founding Year

2000

Principal Officer

Moraima Oyola Pizarro

Main Address

PMB 312 PO BOX 7886, GUAYNABO, PR, 009707886

NTEE Category

Code: P20 - Human services

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