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Fundacion Cortes Inc

Fundacion Cortes Inc

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

EIN: 660804845 ✦ San juan, PR ✦ Designated as a 501(c)(3)

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Overview

What is Fundacion Cortes Inc?

Fundacion Cortes Inc is a nonprofit organization that actively encourages educational and artistic pursuits for the wider community. With a focus on preserving and celebrating Caribbean art and culture, they engage in various initiatives to achieve their educational objectives. The organization primarily relies on fundraising to accomplish these goals, demonstrating a commitment to promoting cultural awareness and enrichment.

Is Fundacion Cortes Inc legitimate?

Fundacion Cortes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundacion Cortes 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: $187,253

For more financial information, click here

What is the mission statement of Fundacion Cortes Inc?

Fundacion Cortes Inc, a non-profit organization, is dedicated to fostering educational and artistic activities for the public. Its primary objective is to promote and preserve Caribbean art and culture through educational initiatives. To accomplish its mission, Fundacion Cortes actively raises funds to support its educational goals.

What is the revenue of Fundacion Cortes Inc?

Fundacion Cortes Inc's revenue in 2023 was $618,709.

Who are the executives of Fundacion Cortes Inc and what are their salaries?

The average compensation at Fundacion Cortes Inc during 2023 was $11,703. There are 16 employees and 5 volunteers at Fundacion Cortes Inc.

Here are 7 key members and their salaries:


Ignacio Cortes-Gelpi (President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Shehab (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Diaz Acevedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Cortes Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adlin Rios Rigau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberto Baco Bague (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soraya Rodriguez Vazquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fundacion Cortes Inc?

Fundacion Cortes Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Fundacion Cortes Inc

Fundacion Cortes Inc, a nonprofit organization, is committed to promoting educational and artistic activities for the public. Its primary mission is to foster an appreciation for Caribbean art and culture. To achieve this goal, Fundacion Cortes engages in various activities aimed at raising funds. The organization's initiatives are centered around education, with a focus on promoting Caribbean art and culture.

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Impact




October, 2024

Fundacion Cortes Inc plays a vital role in enriching the cultural landscape of San Juan and the broader Caribbean region. By promoting educational and artistic activities, the organization fosters a deeper appreciation for Caribbean art and culture among the general public. Its efforts are centered on raising funds to enhance educational initiatives, ensuring that diverse artistic expressions are accessible to all.

Through various programs, Fundacion Cortes provides opportunities for individuals to engage with and learn about the rich heritage of the Caribbean. This not only cultivates local talent but also strengthens community ties by bringing people together through shared cultural experiences. The impact is profound, as it encourages a new generation to explore and contribute to the vibrant tapestry of Caribbean artistry, ultimately preserving and evolving its unique cultural identity.




This information is meant to be a general summary of Fundacion Cortes 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
$618,709 (2023)
Expenses
$538,035 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $618,709

Assets and Liabilities:

  • Total Assets: $93,460
  • Total Liabilities: $109,129
  • Net Assets: -$15,669

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Organization Details

Founding Year

2013

Principal Officer

Ignacio Cortes

NTEE Category

Code: T50 - Philanthropy

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