Civic Intelligence

Hedco Inc.

990 • Fiscal year 2020 • EIN 06-0919160

Jun 01, 2019 to May 31, 2020 • Filed on Dec 17, 2020

Organization ProfileHEDCOINC.COM

View Organization Page

207 Main Street 4th FloorHartford, CT 06106

(860) 527-1301

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.51x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

8.77x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

17th percentile

-11%

Higher net margin than 17% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

29th percentile

$175,336

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

63rd percentile

12%

Faster asset growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-41%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$40,245,972

Up $4,436,340 (+12%) from 2019

Net Assets

Down

$19,550,910

Down $735,934 (-3.6%) from 2019

Liabilities

Up

$20,695,062

Up $5,172,274 (+33%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin17th percentile

Revenue

Down

$2,358,931

Down $1,640,430 (-41%) from 2019

Expenses

Up

$2,614,758

Up $251,091 (+11%) from 2019

Net Income

Down

-$255,827

Down $1,891,521 (-116%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2012: $24,767,671Liabilities 2012: $14,734,440Net Assets 2012: $10,033,2312012Assets 2013: $28,606,269Liabilities 2013: $17,357,835Net Assets 2013: $11,248,4342013Assets 2014: $28,492,411Liabilities 2014: $17,033,895Net Assets 2014: $11,458,5162014Assets 2015: $30,136,617Liabilities 2015: $17,139,655Net Assets 2015: $12,996,9622015Assets 2016: $32,645,193Liabilities 2016: $17,452,488Net Assets 2016: $15,192,7052016Assets 2017: $34,626,594Liabilities 2017: $16,961,603Net Assets 2017: $17,664,9912017Assets 2018: $34,886,548Liabilities 2018: $16,200,419Net Assets 2018: $18,686,1292018Assets 2019: $35,809,632Liabilities 2019: $15,522,788Net Assets 2019: $20,286,8442019Assets 2020: $40,245,972Liabilities 2020: $20,695,062Net Assets 2020: $19,550,9102020Assets 2021: $31,567,085Liabilities 2021: $10,405,146Net Assets 2021: $21,161,9392021Assets 2022: $31,561,156Liabilities 2022: $10,938,723Net Assets 2022: $20,622,4332022Assets 2023: $35,604,811Liabilities 2023: $15,186,137Net Assets 2023: $20,418,6742023Assets 2024: $34,515,828Liabilities 2024: $14,925,470Net Assets 2024: $19,590,3582024Assets 2025: $35,798,063Liabilities 2025: $16,873,589Net Assets 2025: $18,924,4742025

Highlighted filing

2020

Assets$40,245,972
Liabilities$20,695,062
Net Assets$19,550,910
Open 2020 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $2,132,356Expenses 2012: $1,901,728Net Income 2012: $230,6282012Revenue 2013: $3,579,159Expenses 2013: $2,404,491Net Income 2013: $1,174,6682013Revenue 2014: $2,171,894Expenses 2014: $1,998,518Net Income 2014: $173,3762014Revenue 2015: $4,098,366Expenses 2015: $2,564,263Net Income 2015: $1,534,1032015Revenue 2016: $4,708,971Expenses 2016: $2,487,045Net Income 2016: $2,221,9262016Revenue 2017: $6,429,878Expenses 2017: $3,040,824Net Income 2017: $3,389,0542017Revenue 2018: $3,261,087Expenses 2018: $2,305,188Net Income 2018: $955,8992018Revenue 2019: $3,999,361Expenses 2019: $2,363,667Net Income 2019: $1,635,6942019Revenue 2020: $2,358,931Expenses 2020: $2,614,758Net Income 2020: -$255,8272020Revenue 2021: $7,622,732Expenses 2021: $6,160,200Net Income 2021: $1,462,5322021Revenue 2022: $3,183,026Expenses 2022: $3,590,996Net Income 2022: -$407,9702022Revenue 2023: $4,502,536Expenses 2023: $3,152,945Net Income 2023: $1,349,5912023Revenue 2024: $4,889,239Expenses 2024: $5,695,740Net Income 2024: -$806,5012024Revenue 2025: $4,015,725Expenses 2025: $4,826,298Net Income 2025: -$810,5732025

Highlighted filing

2020

Revenue$2,358,931
Expenses$2,614,758
Net Income-$255,827
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Dec 17, 2020
Return Version
2019v5.1
Gross Receipts
$2,438,931
Mission and Program Overview

Mission

Providing resources, empowering entrepreneurs, building communities.

To organize and promote further economic growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$23,924,543$28,104,220▲ $4,179,677
Cash and Non-Interest-Bearing Accounts$10,280,031$10,984,915▲ $704,884
Investments in Publicly Traded Securities$592,579$633,816▲ $41,237
Accounts Receivable$42,684$211,539▲ $168,855
Prepaid Expenses and Deferred Charges$170,600$170,600→ $0
Land, Buildings, and Equipment, Net$34,193$87,303▲ $53,110
Pledges and Grants Receivable$685,002$53,579▼ $631,423
Total Assets$35,809,632$40,245,972▲ $4,436,340
Other Assets Total$80,000$0▼ $80,000
Liabilities
Unsecured Notes Loans Payable$15,300,847$15,493,423▲ $192,576
Deferred Revenue-$5,000,000-
Accounts Payable and Accrued Expenses$181,080$160,778▼ $20,302
Other Liabilities$40,861$40,861→ $0
Total Liabilities$15,522,788$20,695,062▲ $5,172,274
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,906,582$15,114,348▲ $1,207,766
Net Assets With Donor Restrictions$6,380,262$4,436,562▼ $1,943,700
Total Net Assets Fund Balance$20,286,844$19,550,910▼ $735,934
Total Liabilities and Net Assets / Fund Balance$35,809,632$40,245,972▲ $4,436,340

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$87,303$307,991$395,294
Other Land Buildings$0$10,091$10,091
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fernando RosaPresident & CEOFT$151,972$23,364$175,336
Kim HawkinsVice President & COOFT$145,178$26,522$171,700

Board Members and Trustees

NameTitle
Julio MendozaChair, Nominating Committe
Barbara RandolphChairperson
Eric M BauerVice Chair
Alan LazowskiDirector
Ana AlfaroDirector
Andreas KapetanopoulosDirector
Dante FazzinaDirector
David CabezasDirector
Donald ChapmanDirector
Jeff HubardDirector
Michael CasparinoDirector
Michele M FreyDirector
Nicholas SeminaraDirector
Pauline YoderDirector
Sheila S HummelDirector
Paul PerakosAsst. Secretary
Wayne BenjaminAsst. Treasurer
Edward J SamorajczykSecretary
Marianne StowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,699,406
Program Service Revenue
$603,169
Investment Income
$56,356
Other Revenue
$0
All Other Contributions
$427,500
Change in Net Assets
$-255,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,358,931
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$19,893
Total Revenue per Audited Statements
$2,378,824
Total Revenue per Form 990
$2,358,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,141,010
Salaries, Compensation, and Employee Benefits$1,064,312
Grants and Similar Amounts Paid$409,436
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$442,400$93,908-$536,308
Grants to Domestic Orgs$409,436--$409,436
Current Officers, Directors, Trustees, and Key Employees$290,888$61,745-$352,633
Fees for Services Other$100,578$85,194-$185,772
Occupancy$104,806$52,348-$157,154
Other Employee Benefits$62,862$13,344-$76,206
Payroll Taxes$48,438$10,282-$58,720
Fees for Services Accounting$27,666$23,434-$51,100
Office Expenses$33,557$16,761-$50,318
Pension Plan Contributions$33,363$7,082-$40,445
Depreciation Depletion$23,143$3,422-$26,565
Fees for Services Legal$14,232$12,055-$26,287
Insurance$19,453$2,876-$22,329
Advertising$8,626$1,275-$9,901
Interest$4,931$729-$5,660
Other Expenses$1,155$171-$1,326
Total Functional Expenses$2,226,084$388,674$0$2,614,758

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,614,758
Total Expenses per Audited Statements$2,614,758
Total Expenses per Form 990$2,614,758
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spanish American Merchants AssociationHartford, CT-Partner Disbursement.$409,436
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$40,861
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Management and the board of directors review the form 990 for completeness before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Upon election and to be updated annually. All directors or officers of the corporation must disclose any potential conflict between his or her own individual interest, those of an immediate family member, or those of a related party and the interest of the corporation, full disclosure of all facts pertaining to such potential conflict shall be made to the board of directors. Fact-gathering and subsequent review by the board of directors will determine whether or not an actual conflict exists or would occur.”

Form 990, Part VI, Section B, Line 15

“Performance reviews and salary adjustment recommendations are prepared by the vice president/coo for the staff of the organization. These reviews and recommended compensation are presented to the president/ceo. The president/ceo prepares a review for the vice president/coo for her compensation. The recommendations are forwarded to the hedco board of directors' chairman for approval. The chairman and the executive committee review, approve or amend and forward authorizations to implement the changes inclusive of any bonus adjustments. Appraisal of the president/ceo and any agreed upon compensation adjustments are approved by the executive committee.”

Form 990, Part VI, Section C, Line 19

“The organization makes it's governing documents, conflicts of interest policy and financial statements available to the public by request in the form of hard copies kept at the office.”

Filing and Contact Details

Filer

Filer Name
Hedco Inc
EIN
06-0919160
Phone
8605271301
Address
207 MAIN STREET 4TH FLOOR, HARTFORD, CT 06106

Signing Officer

Name
Fernando Rosa
Title
President & CEO
Phone
8605271301
Signed
2020-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fernando Rosa
Formed
1975
Legal Domicile
Ct
Voting Board Members
20
Independent Board Members
19
Employees
11
Volunteers
20

Preparer

Firm
Whittlesey Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Sheridan Shaun
Phone
8605223111
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“Process ahs not changed from prior year.”

Raw XML AppendixShowing 400 of 621 raw XML fields

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20151070
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASST. TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR, NOMINATING COMMITTE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT & COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-6000
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt01271906
IRS990/GrantAmt0409436
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0409436
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0409436
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt074000
IRS990/GrossReceiptsAmt02438931
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02876
IRS990/InsuranceGrp/ProgramServicesAmt019453
IRS990/InsuranceGrp/TotalAmt022329
IRS990/InterestGrp/ManagementAndGeneralAmt0729
IRS990/InterestGrp/ProgramServicesAmt04931
IRS990/InterestGrp/TotalAmt05660
IRS990/InvestmentIncomeGrp/ExclusionAmt062356
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062356
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0592579
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0633816
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0318082
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034193
IRS990/LandBldgEquipBasisNetGrp/EOYAmt087303
IRS990/LandBldgEquipCostOrOtherBssAmt0405385
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt080000
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND FURTHER THE ECONOMIC DEVELOPMENT OF SMALL BUSINESSES AND ORGANIZATIONS THROUGHOUT THE REGIONS OF THE STATE OF CONNECTICUT AND TO ENGAGE AND ASSIST IN THE ESTABLISHMENT, GROWTH AND DEVELOPMENT OF SMALL BUSINESSES WITHIN THE CITY OF HARTFORD, CONNECTICUT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020286844
IRS990/NetAssetsOrFundBalancesEOYAmt019550910
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-6000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-6000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt019893
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013906582
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015114348
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt052348
IRS990/OccupancyGrp/ProgramServicesAmt0104806
IRS990/OccupancyGrp/TotalAmt0157154
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016761
IRS990/OfficeExpensesGrp/ProgramServicesAmt033557
IRS990/OfficeExpensesGrp/TotalAmt050318
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt080000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013344
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062862
IRS990/OtherEmployeeBenefitsGrp/TotalAmt076206
IRS990/OtherExpensesGrp/Desc0LOAN LOSS PROVISION
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2CHARITABLE CONTRIBUTION
IRS990/OtherExpensesGrp/Desc3FORECLOSED PROPERTY COS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03153
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1895
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2171
IRS990/OtherExpensesGrp/ProgramServicesAmt0573455
IRS990/OtherExpensesGrp/ProgramServicesAmt121045
IRS990/OtherExpensesGrp/ProgramServicesAmt26050
IRS990/OtherExpensesGrp/ProgramServicesAmt31155
IRS990/OtherExpensesGrp/TotalAmt0573455
IRS990/OtherExpensesGrp/TotalAmt124198
IRS990/OtherExpensesGrp/TotalAmt26945
IRS990/OtherExpensesGrp/TotalAmt31326
IRS990/OtherLiabilitiesGrp/BOYAmt040861
IRS990/OtherLiabilitiesGrp/EOYAmt040861
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093908
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0442400
IRS990/OtherSalariesAndWagesGrp/TotalAmt0536308
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt023924543
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt028104220
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010282
IRS990/PayrollTaxesGrp/ProgramServicesAmt048438
IRS990/PayrollTaxesGrp/TotalAmt058720
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07082
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt033363
IRS990/PensionPlanContributionsGrp/TotalAmt040445
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0685002
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt053579
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0170600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0170600
IRS990/PrincipalOfficerNm0FERNANDO ROSA
IRS990/PriorPeriodAdjustmentsAmt0-500000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0357737
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1245432
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0357737
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1245432
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03376186
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0377855
IRS990/PYInvestmentIncomeAmt028708
IRS990/PYOtherExpensesAmt0968719
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0594467
IRS990/PYRevenuesLessExpensesAmt01635694
IRS990/PYSalariesCompEmpBnftPaidAmt01017093
IRS990/PYTotalExpensesAmt02363667
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03999361
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-255827
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0603169
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01699406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03376186
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02507003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05672478
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03766864

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,245,972
Liabilities
$20,695,062
Net assets
$19,550,910
Revenue
$2,358,931
Expenses
$2,614,758
Net income
-$255,827
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$35.8$16.9$18.9$4.02$4.83$0.81
2024Detailed filing. Detailed filing data is available for this year.$34.5$14.9$19.6$4.89$5.70$0.81
2023Detailed filing. Detailed filing data is available for this year.$35.6$15.2$20.4$4.50$3.15$1.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.6$10.9$20.6$3.18$3.59$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$10.4$21.2$7.62$6.16$1.46
2020Detailed filing. Detailed filing data is available for this year.$40.2$20.7$19.6$2.36$2.61$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.8$15.5$20.3$4.00$2.36$1.64
2018Detailed filing. Detailed filing data is available for this year.$34.9$16.2$18.7$3.26$2.31$0.96
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$17.0$17.7$6.43$3.04$3.39
2016Detailed filing. Detailed filing data is available for this year.$32.6$17.5$15.2$4.71$2.49$2.22
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$30.1$17.1$13.0$4.10$2.56$1.53
2014Detailed filing. Detailed filing data is available for this year.$28.5$17.0$11.5$2.17$2.00$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$17.4$11.2$3.58$2.40$1.17
2012Summary only. Only limited summary data is available for this year.$24.8$14.7$10.0$2.13$1.90$0.23