Overview
What is Estancias Presbiterianas Del Angel Inc?
Estancias Presbiterianas Del Angel Inc is a nonprofit organization situated in Hormigueros, Puerto Rico. Its primary focus is on providing affordable housing for elderly and physically impaired families. The organization operates a housing project, accommodating 108 units. This project was financially supported by the Department of Housing and Urban Development (HUD) through various programs, including Section 202's Capital Advance Program under the National Housing Act and Section 8 assistance under a PRAC contract. The HUD also provided assistance payments under Section 202 (PRAC) for the project's upkeep.
Is Estancias Presbiterianas Del Angel Inc legitimate?
Estancias Presbiterianas Del Angel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Estancias Presbiterianas Del Angel 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: $93,467
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What is the mission statement of Estancias Presbiterianas Del Angel Inc?
Estancias Presbiterianas Del Angel Inc operates a housing project, catering to the elderly and physically impaired families. The project is funded through various programs, including the Department of Housing and Urban Development's (HUD) Section 202 Capital Advance Program and Section 8 Assistance under the PRAC contract. The corporation's mission, in essence, is to provide suitable housing for these individuals, ensuring they live with dignity and comfort.
Who is the CEO of Estancias Presbiterianas Del Angel Inc?
Eduardo A Miranda is the President of Estancias Presbiterianas Del Angel Inc.
What is the revenue of Estancias Presbiterianas Del Angel Inc?
Estancias Presbiterianas Del Angel Inc's revenue in 2022 was $709,953.
Who are the executives of Estancias Presbiterianas Del Angel Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Estancias Presbiterianas Del Angel Inc?
Estancias Presbiterianas Del Angel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Estancias Presbiterianas Del Angel Inc
Estancias Presbiterianas Del Angel Inc, a nonprofit organization, is dedicated to providing housing for elderly and physically impaired families. They operate a project that provides 108 units, financed through the Department of Housing and Urban Development (HUD) under the Capital Advance Program (Section 202) of the National Housing Act. Furthermore, the project also receives HUD's Section 8 assistance under the PRAC contract and HUD assistance payments under Section 202 (PRAC). In essence, Estancias Presbiterianas Del Angel Inc's mission is to offer a secure living space for those in need, utilizing funding from HUD to ensure the project's success.
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Impact
October, 2024
Estancias Presbiterianas Del Angel Inc significantly enhances the quality of life for elderly and physically impaired families in Hormigueros, Puerto Rico, by providing safe and accessible housing. With 108 units dedicated to these vulnerable populations, the organization plays a critical role in addressing housing needs that are often overlooked.
By receiving HUD assistance payments under Section 202, as well as utilizing the Section 8 assistance program, the project ensures that residents have access to affordable living conditions. This not only alleviates financial burdens for low-income families but also fosters a supportive community environment where individuals can thrive despite their challenges.
The presence of this housing project contributes to the broader efforts of improving living conditions for the elderly and those with disabilities, aligning with national housing goals to create inclusive communities. Through its operations, Estancias Presbiterianas Del Angel Inc stands as a vital resource, promoting dignity and independence for its residents while addressing essential housing disparities in the region.
This information is meant to be a general summary of Estancias Presbiterianas Del Angel 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $357
- Program Service Revenue: $687,429
- Gross Receipts: $709,953
Assets and Liabilities:
- Total Assets: $8,137,100
- Total Liabilities: $160,507
- Net Assets: $7,976,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$120,342
TENANT ASSISTANCE HUD
Revenue
$559,202
SPECIAL CLAIM FOR VACANCIES
Revenue
$7,885
Organization Details
Founding Year
2004
Phone
(787) 759-8038Principal Officer
Eduardo A Miranda
Main Address
PO BOX 142, MAYAGUEZ, PR, 006810142
NTEE Category
Code: L22 - Housing
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