Civic Intelligence

Hpm Foundation Inc

EIN 66-0437924 • 501(c)3 • San Juan, PR, RQ

View Organization Page

Profile

Provide primary ambulatory, supplemental and environmental health services to the medically underserved residents in the Santurce Ward of the Municipality of San Juan, Carolina and the Municipal island, Vieques and Culebra.

PO Box 14457San Juan, PR 00916-4457Rq

www.healthpromed.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.07x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

13th percentile

0.05x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

40th percentile

1.5%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

26th percentile

$229,581

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

55th percentile

7.6%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Revenue Growth

30th percentile

-0.3%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$38,034,279

Up $982,466 (+2.7%) from 2024

Liabilities

Up

$2,826,066

Up $81,582 (+3.0%) from 2024

Net Assets

Up

$35,208,213

Up $900,884 (+2.6%) from 2024

Operations
Liabilities / Revenue13th percentileNet Margin40th percentile

Revenue

Down

$60,529,189

Down $530,381 (-0.9%) from 2024

Expenses

Up

$59,628,305

Up $1,682,655 (+2.9%) from 2024

Net Income

Down

$900,884

Down $2,213,036 (-71%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $15,405,613Liabilities 2011: $3,127,185Net Assets 2011: $12,278,4282011Assets 2012: $17,399,270Liabilities 2012: $2,836,260Net Assets 2012: $14,563,0102012Assets 2013: $23,041,910Liabilities 2013: $5,613,364Net Assets 2013: $17,428,5462013Assets 2014: $24,269,466Liabilities 2014: $5,760,050Net Assets 2014: $18,509,4162014Assets 2015: $24,862,001Liabilities 2015: $6,440,483Net Assets 2015: $18,421,5182015Assets 2016: $24,279,682Liabilities 2016: $4,156,245Net Assets 2016: $20,123,4372016Assets 2017: $24,751,575Liabilities 2017: $4,305,492Net Assets 2017: $20,446,0832017Assets 2018: $19,297,984Liabilities 2018: $3,121,209Net Assets 2018: $16,176,7752018Assets 2019: $21,168,174Liabilities 2019: $2,419,617Net Assets 2019: $18,748,5572019Assets 2020: $22,146,665Liabilities 2020: $2,607,658Net Assets 2020: $19,539,0072020Assets 2021: $26,018,115Liabilities 2021: $2,619,273Net Assets 2021: $23,398,8422021Assets 2022: $29,670,863Liabilities 2022: $2,290,055Net Assets 2022: $27,380,8082022Assets 2023: $32,852,613Liabilities 2023: $1,659,204Net Assets 2023: $31,193,4092023Assets 2024: $37,051,813Liabilities 2024: $2,744,484Net Assets 2024: $34,307,3292024Assets 2025: $38,034,279Liabilities 2025: $2,826,066Net Assets 2025: $35,208,2132025

Highlighted filing

2025

Assets$38,034,279
Liabilities$2,826,066
Net Assets$35,208,213
Open 2025 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MRevenue 2011: $5,297,693Expenses 2011: $9,568,654Net Income 2011: -$4,270,9612011Revenue 2012: $13,997,213Expenses 2012: $11,712,631Net Income 2012: $2,284,5822012Revenue 2013: $19,128,909Expenses 2013: $15,772,007Net Income 2013: $3,356,9022013Revenue 2014: $13,249,474Expenses 2014: $12,168,604Net Income 2014: $1,080,8702014Revenue 2015: $12,405,040Expenses 2015: $12,528,586Net Income 2015: -$123,5462015Revenue 2016: $19,029,776Expenses 2016: $17,327,857Net Income 2016: $1,701,9192016Revenue 2017: $16,873,557Expenses 2017: $16,550,911Net Income 2017: $322,6462017Revenue 2018: $32,268,087Expenses 2018: $31,668,691Net Income 2018: $599,3962018Revenue 2019: $37,744,689Expenses 2019: $35,172,907Net Income 2019: $2,571,7822019Revenue 2020: $39,370,319Expenses 2020: $38,579,869Net Income 2020: $790,4502020Revenue 2021: $53,248,661Expenses 2021: $49,388,826Net Income 2021: $3,859,8352021Revenue 2022: $56,807,836Expenses 2022: $52,825,870Net Income 2022: $3,981,9662022Revenue 2023: $60,915,741Expenses 2023: $57,103,140Net Income 2023: $3,812,6012023Revenue 2024: $61,059,570Expenses 2024: $57,945,650Net Income 2024: $3,113,9202024Revenue 2025: $60,529,189Expenses 2025: $59,628,305Net Income 2025: $900,8842025

Highlighted filing

2025

Revenue$60,529,189
Expenses$59,628,305
Net Income$900,884
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,034,279
Liabilities
$2,826,066
Net assets
$35,208,213
Revenue
$60,529,189
Expenses
$59,628,305
Net income
$900,884
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$38.0$2.83$35.2$60.5$59.6$0.90
2024Detailed filing. Detailed filing data is available for this year.$37.1$2.74$34.3$61.1$57.9$3.11
2023Detailed filing. Detailed filing data is available for this year.$32.9$1.66$31.2$60.9$57.1$3.81
2022Detailed filing. Detailed filing data is available for this year.$29.7$2.29$27.4$56.8$52.8$3.98
2021Detailed filing. Detailed filing data is available for this year.$26.0$2.62$23.4$53.2$49.4$3.86
2020Detailed filing. Detailed filing data is available for this year.$22.1$2.61$19.5$39.4$38.6$0.79
2019Summary only. Only limited summary data is available for this year.$21.2$2.42$18.7$37.7$35.2$2.57
2018Summary only. Only limited summary data is available for this year.$19.3$3.12$16.2$32.3$31.7$0.60
2017Summary only. Only limited summary data is available for this year.$24.8$4.31$20.4$16.9$16.6$0.32
2016Summary only. Only limited summary data is available for this year.$24.3$4.16$20.1$19.0$17.3$1.70
2015Summary only. Only limited summary data is available for this year.$24.9$6.44$18.4$12.4$12.5$0.12
2014Summary only. Only limited summary data is available for this year.$24.3$5.76$18.5$13.2$12.2$1.08
2013Summary only. Only limited summary data is available for this year.$23.0$5.61$17.4$19.1$15.8$3.36
2012Summary only. Only limited summary data is available for this year.$17.4$2.84$14.6$14.0$11.7$2.28
2011Summary only. Only limited summary data is available for this year.$15.4$3.13$12.3$5.30$9.57$4.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Oct 24, 2025
Return Version
2024v5.0
Gross Receipts
$60,529,189
Mission and Program Overview

Mission

Provide primary ambulatory, supplemental and environmental health services to the medically underserved residents in the Santurce Ward of the Municipality of San Juan, Carolina and the Municipal island, Vieques and Culebra.

Provide primary ambulatory, supplemental and environmental health services to the medically underserved residents in the Santurce Ward.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,388,237$17,969,193▲ $580,956
Land, Buildings, and Equipment, Net$16,784,471$16,182,009▼ $602,462
Accounts Receivable$2,420,766$3,265,641▲ $844,875
Inventories for Sale or Use$161,037$170,728▲ $9,691
Prepaid Expenses and Deferred Charges$112,278$89,507▼ $22,771
Total Assets$37,051,813$38,034,279▲ $982,466
Other Assets Total$185,024$357,201▲ $172,177
Liabilities
Accounts Payable and Accrued Expenses$2,166,613$2,351,972▲ $185,359
Deferred Revenue$461,671$392,255▼ $69,416
Mortgage Notes Payable Secured by Investment Property$116,200$81,839▼ $34,361
Total Liabilities$2,744,484$2,826,066▲ $81,582
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,958,024$35,092,387▲ $1,134,363
Net Assets With Donor Restrictions$349,305$115,826▼ $233,479
Total Net Assets Fund Balance$34,307,329$35,208,213▲ $900,884
Total Liabilities and Net Assets / Fund Balance$37,051,813$38,034,279▲ $982,466

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,796,775$6,108,085$0
Other Land Buildings$1,031,831$1,302,388$0
Land$3,296,593-$0
Equipment$358,443$926,266$0
Leasehold Improvements$1,698,367$1,146,676$0
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ivonne Rivera HernandezExecutive DirectorFT$229,581$229,581
Jorge F Vazquez PerezMedical DirectorFT$184,725$184,725
Hector L Villanueva RodriguezClinical ConsultantFT$175,026$175,026
Alwin L Torres OrtizGeneral PractitionerFT$152,111$152,111
Juan M Roman VegaGeneral PracticionerFT$149,267$149,267
Ivonne M Rosario CalderonPharmacy GraduateFT$135,823$135,823
Deborah Mendez GinesGeneral PracticionerFT$129,447$129,447
Miguel a Rivera VieraFamily DoctorFT$128,999$128,999
Ivette a Perez PaganGeneral PractitionerFT$126,847$126,847
Jose J Beltran ShuckGeneral PractitionerFT$125,236$125,236
Grissel Munoz VargasPediatric DoctorFT$123,201$123,201
Aileen D Lucca ColonPediatric DoctorFT$118,429$118,429
Marangely Collazo VegaPharmacistFT$117,765$117,765
Darrelle M Villarini CordovaPediatric DoctorFT$117,614$117,614
Graciela V Laureano RuizPharmacistFT$116,547$116,547
Edwin E Pagan LopezInternistFT$115,335$115,335
Luis a Martinez RiveraFamily DoctorFT$115,198$115,198
Robert Cabello LugoFinance DirectorFT$115,132$115,132
Limary Cordero RiveraGeneral PractitionerFT$114,678$114,678
Waleska Valentin PonceDentistFT$100,804$100,804

Board Members and Trustees

NameTitle
Nelson Cordero GonzalezPresident
Zaida I Torres RodriguezVicepresident
Carmen Torres EscuteMember
Charlie Ortolaza MartinezMember
Elba Marin EncarnacionMember
Javier Matos ValenzuelaMember
Monica De Jesus FigueroaMember
Veronica Melendez GonzalezMember
Rose Marie Cisneros CalderonSecretary
Oscar Reinosa CedoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
London Consulting GroupAdministrativeMETRO OFFICE PARK, STREET 1 LOT6 OFC 302, Guaynabo, PR 00968, Rq$553,936
Excel Professional Service CorpX-rayURB EL VEDADO, 156 AVE FD ROOSEVELT, San Juan, PR 00918, Rq$351,315
Immuno Reference Lab Ammvr Group INCLaboratoryPO BOX 261807, San Juan, PR 00926$290,706
Rm Group INCRepair & Maintenance Facility-$288,097
-Physician-$209,250
Revenue and Support

Revenue Composition

Contributions and Grants
$7,223,218
Program Service Revenue
$52,590,789
Investment Income
$0
Other Revenue
$715,182
All Other Contributions
$66,737
Change in Net Assets
$900,884

Audited Revenue Reconciliation

Revenue per Audited Statements
$60,529,189
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$60,529,189
Total Revenue per Form 990
$60,529,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,304,886
Salaries, Compensation, and Employee Benefits$13,323,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,312,122$672,922-$7,985,044
Fees for Services Other$2,890,974$638,200-$3,529,174
Current Officers, Directors, Trustees, and Key Employees-$2,691,772-$2,691,772
Payroll Taxes$840,700$1,805,903-$2,646,603
Information Technology$66,583$844,950-$911,533
All Other Expenses$283,538$617,675-$901,213
Depreciation Depletion$2,428$871,802-$874,230
Other Expenses$230,422$156,875$0$387,297
Travel$295,269$88,305-$383,574
Office Expenses$146,280$203,505-$349,785
Insurance-$333,177-$333,177
Conferences and Meetings-$230,494-$230,494
Fees for Services Legal-$213,171-$213,171
Occupancy-$148,030-$148,030
Interest-$50,637-$50,637
Total Functional Expenses$49,981,941$9,646,364$0$59,628,305

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$59,628,305
Total Expenses per Audited Statements$59,628,305
Total Expenses per Form 990$59,628,305
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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 A, Line 9

“Monica de jesus figueroa - villa palmeras, #355 calle palacios, santurce pr 00915”

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

“The finance department review the 990 forms versus the financial statements.”

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

“Anually, the conflict of interest is sent to all employees. Disclosure are analyzed and those showing signs of fraud or conflict of interest are investigated.”

Form 990, Part VI, Section B, Line 15

“Members do not receive compensation in a board of director meeting. The director discuss the compensation for the key employees. The board evaluates the compensation criteria, compare to similar organizations and determines (based performance) any salary increase of charges.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Hpm Foundation Inc
EIN
66-0437924
Phone
7872684171
Address
RQ

Signing Officer

Name
Ivonne Rivera Hernandez
Title
Executive Director
Phone
7872684171
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ivonne Rivera Hernandez
Formed
1987
Legal Domicile
Pr
Voting Board Members
10
Independent Board Members
10
Employees
268
Volunteers
0

Preparer

Firm
Diaz & Candelaria Psc
Address
100 GRAND PASEO BLVD, SUITE 112 PMB-294, SAN JUAN, PR 00926-5955
Preparer
Jose G Candelaria Castro
Phone
7877606263
Raw XML AppendixShowing 400 of 724 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Provide primary ambulatory, supplemental and environmental health services to the medically underserved residents in the Santurce Ward of the Municipality of San Juan, Carolina and the Municipal island, Vieques and Culebra. Our patients/clients received services in the following areas: general medicine, ginecology pediatry, dental, vision, clinical phychology and patient/community education.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEDICAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLINICAL CONSULTANT
IRS990/Form990PartVIISectionAGrp/TitleTxt3GENERAL PRACTITIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt4GENERAL PRACTICIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PHARMACY GRADUATE
IRS990/Form990PartVIISectionAGrp/TitleTxt6GENERAL PRACTICIONER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8GENERAL PRACTITIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL PRACTITIONER
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IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
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