Overview
What is Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien?
Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien, often referred to as Fideicomiso Olimpico de Puerto Rico, is a nonprofit organization based in Salinas, Puerto Rico. Their primary mission is to support and uphold the necessary training standards for Puerto Rico's high-performance athletes. This involves providing education, accommodations, specialized training, and resources in various sports disciplines. With a workforce of 128 individuals, the organization serves to nurture and develop the talent of Puerto Rico's elite athletes, thereby contributing to the nation's Olympic Federation.
Official website here: www.albergueolimpico.com
Is Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien legitimate?
Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien 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:
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Other Salaries and Wages: $5,238,726
For more financial information, click here
Official website here: www.albergueolimpico.com
What is the mission statement of Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien?
The organization, Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien, is dedicated to supporting Puerto Rico's high-performance athletes. Their mission involves providing and maintaining the necessary level of training for these athletes. This encompasses various aspects, including education, accommodation, and specialized training in various sports disciplines. The goal is to help these athletes reach their full potential and represent Puerto Rico at an international level.
Official website here: www.albergueolimpico.com
What is the revenue of Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien?
Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien's revenue in 2023 was $13,895,760.
Official website here: www.albergueolimpico.com
Who are the executives of Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien and what are their salaries?
The average compensation at Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien during 2023 was $40,610. There are 129 employees at Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien.
Here are 16 key members and their salaries:
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Official website here: www.albergueolimpico.com
Where can I find the form 990 for Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien?
Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.albergueolimpico.com
Learn more at the official website: www.albergueolimpico.com
Mission Statement of Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien
Fondo Permanente Para La Administración Operación y Desarrollo de Bien, hereafter referred to as Fondo Permanente, is dedicated to a noble mission. Their primary objective is to deliver and preserve a suitable standard of training for Puerto Rico's high-performance athletes. This mission is achieved through various means, including education, accommodation, and specialized coaching in various sports disciplines. By providing this level of training, Fondo Permanente plays a crucial role in supporting the Olympic Federation, ensuring that Puerto Rico's top athletes can compete at their best.
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Impact
October, 2024
Fondo Permanente Para La Administración, Operación y Desarrollo de Bien significantly impacts the training and development of high-performance athletes in Puerto Rico. By ensuring access to essential resources, the organization facilitates the education, room and board, and specialized training necessary for athletes to excel in their respective sports. The focus on comprehensive support allows these athletes to hone their skills and enhances their competitiveness on both national and international stages. This initiative not only elevates individual performance but also contributes to the overall growth of sports in Puerto Rico, fostering a culture of excellence and dedication among future generations of athletes. By maintaining high training standards, the organization plays a vital role in preparing athletes to represent their country effectively in global competitions, helping to elevate Puerto Rico's visibility and success in the sports arena.
This information is meant to be a general summary of Fondo Permanente Para La Administra Cion Operacion Y Desarrollo De Bien. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,284
- Program Service Revenue: $787,859
- Gross Receipts: $13,895,760
Assets and Liabilities:
- Total Assets: $25,799,936
- Total Liabilities: $1,342,639
- Net Assets: $24,457,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$787,859
Organization Details
Founding Year
1992
Principal Officer
Jorge Rendon
Website
www.albergueolimpico.comNTEE Category
Code: N40 - Recreation
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