Civic Intelligence

Brisas De Ceiba Corporation

EIN 66-0585252 • 501(c)3 • Ceiba, PR, RQ

Profile

The Corporation owns and operates a housing project providing 41 units for elderly or physically impaired familites located in Ceiba, Puerto RICO. The project received financing from HUD under Section 202 (Capital Advance Program)of the National Housing Act. It also received HUD'S Section 8 Tenant Assistance Payments under PRAC Contract.

8 Calle San Jorge 42 FinalCeiba, PR 00735Rq

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.05x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-18%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

23rd percentile

-5.5%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-1.2%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$1,770,016

Down $102,765 (-5.5%) from 2023

Liabilities

Down

$94,696

Down $17,339 (-15%) from 2023

Net Assets

Down

$1,675,320

Down $85,426 (-4.9%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin16th percentile

Revenue

Down

$476,725

Down $5,775 (-1.2%) from 2023

Expenses

Up

$562,151

Up $36,314 (+6.9%) from 2023

Net Income

Down

-$85,426

Down $42,089 (-97%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,690,081Liabilities 2011: $139,306Net Assets 2011: $2,550,7752011Assets 2012: $2,546,870Liabilities 2012: $62,066Net Assets 2012: $2,484,8042012Assets 2013: $2,506,923Liabilities 2013: $48,433Net Assets 2013: $2,458,4902013Assets 2014: $2,457,024Liabilities 2014: $56,798Net Assets 2014: $2,400,2262014Assets 2015: $2,412,862Liabilities 2015: $80,674Net Assets 2015: $2,332,1882015Assets 2016: $2,327,497Liabilities 2016: $87,526Net Assets 2016: $2,239,9712016Assets 2017: $2,310,384Liabilities 2017: $128,119Net Assets 2017: $2,182,2652017Assets 2018: $2,200,862Liabilities 2018: $117,359Net Assets 2018: $2,083,5032018Assets 2019: $2,146,594Liabilities 2019: $140,810Net Assets 2019: $2,005,7842019Assets 2020: $2,089,923Liabilities 2020: $160,166Net Assets 2020: $1,929,7572020Assets 2021: $2,002,414Liabilities 2021: $136,364Net Assets 2021: $1,866,0502021Assets 2022: $1,884,276Liabilities 2022: $80,193Net Assets 2022: $1,804,0832022Assets 2023: $1,872,781Liabilities 2023: $112,035Net Assets 2023: $1,760,7462023Assets 2024: $1,770,016Liabilities 2024: $94,696Net Assets 2024: $1,675,3202024

Highlighted filing

2024

Assets$1,770,016
Liabilities$94,696
Net Assets$1,675,320
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $272,328Expenses 2011: $388,461Net Income 2011: -$116,1332011Revenue 2012: $311,828Expenses 2012: $377,799Net Income 2012: -$65,9712012Revenue 2013: $311,231Expenses 2013: $337,545Net Income 2013: -$26,3142013Revenue 2014: $336,447Expenses 2014: $394,711Net Income 2014: -$58,2642014Revenue 2015: $398,393Expenses 2015: $414,823Net Income 2015: -$16,4302015Revenue 2016: $368,419Expenses 2016: $432,980Net Income 2016: -$64,5612016Revenue 2017: $380,398Expenses 2017: $438,104Net Income 2017: -$57,7062017Revenue 2018: $382,709Expenses 2018: $481,471Net Income 2018: -$98,7622018Revenue 2019: $398,290Expenses 2019: $476,009Net Income 2019: -$77,7192019Revenue 2020: $414,752Expenses 2020: $490,779Net Income 2020: -$76,0272020Revenue 2021: $439,994Expenses 2021: $503,701Net Income 2021: -$63,7072021Revenue 2022: $446,333Expenses 2022: $508,280Net Income 2022: -$61,9472022Revenue 2023: $482,500Expenses 2023: $525,837Net Income 2023: -$43,3372023Revenue 2024: $476,725Expenses 2024: $562,151Net Income 2024: -$85,4262024

Highlighted filing

2024

Revenue$476,725
Expenses$562,151
Net Income-$85,426
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,770,016
Liabilities
$94,696
Net assets
$1,675,320
Revenue
$476,725
Expenses
$562,151
Net income
-$85,426
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.09$1.68$0.48$0.56$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.11$1.76$0.48$0.53$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.08$1.80$0.45$0.51$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.14$1.87$0.44$0.50$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.16$1.93$0.41$0.49$0.08
2019Summary only. Only limited summary data is available for this year.$2.15$0.14$2.01$0.40$0.48$0.08
2018Summary only. Only limited summary data is available for this year.$2.20$0.12$2.08$0.38$0.48$0.10
2017Summary only. Only limited summary data is available for this year.$2.31$0.13$2.18$0.38$0.44$0.06
2016Summary only. Only limited summary data is available for this year.$2.33$0.09$2.24$0.37$0.43$0.06
2015Summary only. Only limited summary data is available for this year.$2.41$0.08$2.33$0.40$0.41$0.02
2014Summary only. Only limited summary data is available for this year.$2.46$0.06$2.40$0.34$0.39$0.06
2013Summary only. Only limited summary data is available for this year.$2.51$0.05$2.46$0.31$0.34$0.03
2012Summary only. Only limited summary data is available for this year.$2.55$0.06$2.48$0.31$0.38$0.07
2011Summary only. Only limited summary data is available for this year.$2.69$0.14$2.55$0.27$0.39$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 3, 2026
Return Version
2024v5.0
Gross Receipts
$476,725
Mission and Program Overview

Mission

The corporation owns and operates a housing project for the elderly and or physically impared families located in ceiba, puerto rico. The project received hud assistance payment under section 202 (prac). It also received hud's section 8 tenant assistance under (prac) contract.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,743,184$1,659,797▼ $83,387
Cash and Non-Interest-Bearing Accounts$87,721$96,266▲ $8,545
Prepaid Expenses and Deferred Charges$6,006$7,982▲ $1,976
Accounts Receivable$34,770$4,871▼ $29,899
Total Assets$1,872,781$1,770,016▼ $102,765
Other Assets Total$1,100$1,100→ $0
Liabilities
Accounts Payable and Accrued Expenses$106,310$86,375▼ $19,935
Other Liabilities$5,610$6,806▲ $1,196
Deferred Revenue$115$1,515▲ $1,400
Total Liabilities$112,035$94,696▼ $17,339
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,760,746$1,675,320▼ $85,426
Total Net Assets Fund Balance$1,760,746$1,675,320▼ $85,426
Total Liabilities and Net Assets / Fund Balance$1,872,781$1,770,016▼ $102,765

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,313,075$1,915,742$3,228,817
Equipment$16,222$486,528$502,750
Land$330,500-$330,500
Other Land Buildings-$58,885$58,885
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Yoselinne Marrero TorresPresident
Fernando Davila GarrigaScretary
Jose M LopezTreasurer
Eliud N Cruz NazarioVice Preside
-Vocal
Luis F Soto-molinaVocal
Raymond Medina GuzmanVocal
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$473,698
Investment Income
$601
Other Revenue
$2,426
Change in Net Assets
$-85,426

Audited Revenue Reconciliation

Revenue per Audited Statements
$476,725
Total Revenue per Audited Statements
$476,725
Total Revenue per Form 990
$476,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,996
Salaries, Compensation, and Employee Benefits$159,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$193,082$42,108-$235,190
Other Salaries and Wages$56,463$66,406-$122,869
Depreciation Depletion-$97,834-$97,834
Fees for Services Management-$59,213-$59,213
Other Employee Benefits$7,396$8,682-$16,078
Payroll Taxes$7,191$8,441-$15,632
Fees for Services Accounting-$7,134-$7,134
Pension Plan Contributions$2,105$2,471-$4,576
Office Expenses-$3,461-$3,461
Advertising-$164-$164
Total Functional Expenses$266,237$295,914$0$562,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$562,151
Total Expenses per Audited Statements$562,151
Total Expenses per Form 990$562,151
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
Tenant Security Deposits$6,806
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Board of directors delegate the management to combined building”

Form 990, Page 6, Part VI, Line 6

“Organization have members”

Form 990, Page 6, Part VI, Line 7A

“The vacancies in the governing body are elected by other members of the body.”

Form 990, Page 6, Part VI, Line 11B

“The corporation is exempt from taxation under section 501(c)(3) od the irs tax code. Hud requires annual audited financialstatements for the year ended. The financial statement are electronically submitted to reac each year. The major categories of the assets, liabilities and equity are reported to state department of puerto rico and any person can have access to the public information”

Form 990, Page 6, Part VI, Line 12C

“Annually the governing board confirm that they don't have any relationship with vendors, management agent, or any entity provided services to the project., the project is regulated by hud with respect to rental charges and operating methods. The operation of the project is monitoring by the governing body. The governing body received counseling from management agent about the project operations.”

Form 990, Page 6, Part VI, Line 19

“The corporation is exempt from taxation under section 501 (c) (3) of the irs tax code. Hud requires annual audited financial statements for the year then ended. The financial statement are electronically submitted to reac ezch year. The mayor categories of the assets, liabilities and equity are reported to state of department of puerto rico and any person can have acess to the public information.”

Form 990, Part VII

“The project agreement with hud stipulates that the project will not make any distribution of assets or income to any officers or directors. The officer's don't recieved compensation for their work.”

Form 990, Part VIII

“The principal source of revenue is from tenant assistance payments provided by hud under section 8, rental assistance prac contract.”

Filing and Contact Details

Filer

Filer Name
Brisas De Ceiba
EIN
66-0585252
Phone
7877598038
Address
RQ

Signing Officer

Name
Rodolfo Cosme Baez
Title
President
Phone
7877598038
Signed
2026-02-03

Organization Details

Formed
1999
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Jlm & Co Llp
Address
PO BOX 190476, SAN JUAN, PR 00919-0476
Preparer
Jose Luis Mendoza
Phone
7877646365
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The corporation owns and operates a housing project for the elderly and or physically impared families located in ceiba, puerto rico. The project received hud assistance payment under section 202 (prac). It also received hud's section 8 tenant assistance under (prac) contract.”

Form 990, Part IX, Line 11G

“Supplies 3,887 0 0 bad debt 0 4,137 0 professional services 0 8,009 0 bank charges 0 2,267 0 seminars 0 25 0 vehicle maintenance 11,008 0 0 security contracts 96,884 0 0 garbage 1,885 0 0 loss on disposal fixed asset 0 870 0 miscellaneous taxes & insuran 0 6,129 0 adp processing fees 0 3,061 0 other miscellaneous expenses 0 3,020 0 computer support 0 1,585 0 utilities 32,930 0 0 maintenance serv contract 11,548 0 0 ederly services 0 2,505 0 audit 0 10,500 0 insurance 34,940 0 0 total 193,082 42,108 0”

Raw XML Appendix384 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/BooksInCareOfDetail/PhoneNum07877598038
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 366287
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JUAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PR
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IRS990/CashNonInterestBearingGrp/BOYAmt087721
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0601
IRS990/CYOtherExpensesAmt0402996
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt097834
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IRS990/Desc0TENANT ASSISTANCE FOR ELDERLY FAMILIES 501 (C) 3
IRS990/DescribedInSection501c3Ind0true
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0266237
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07134
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IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SCRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4VOCAL
IRS990/Form990PartVIISectionAGrp/TitleTxt5VOCAL
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND OR PHYSICALLY IMPARED FAMILIES LOCATED IN CEIBA, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENT UNDER SECTION 202 (PRAC). IT ALSO RECEIVED HUD'S SECTION 8 TENANT ASSISTANCE UNDER (PRAC) CONTRACT.
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OtherAssetsTotalGrp/BOYAmt01100
IRS990/OtherAssetsTotalGrp/EOYAmt01100
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08682
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07396
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016078
IRS990/OtherLiabilitiesGrp/BOYAmt05610
IRS990/OtherLiabilitiesGrp/EOYAmt06806
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON DISPOSITION OF ASSET
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02125
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1301
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1301
IRS990/OtherRevenueTotalAmt02426
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066406
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt056463
IRS990/OtherSalariesAndWagesGrp/TotalAmt0122869
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08441
IRS990/PayrollTaxesGrp/ProgramServicesAmt07191
IRS990/PayrollTaxesGrp/TotalAmt015632
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02471
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02105
IRS990/PensionPlanContributionsGrp/TotalAmt04576
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06006
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07982
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0RODOLFO COSME BAEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANT-HUD
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL CLAIM VACANCY-HUD
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0322154
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1141145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210399
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0322154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1141145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210399
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0497
IRS990/PYOtherExpensesAmt0383676
IRS990/PYOtherRevenueAmt040321
IRS990/PYProgramServiceRevenueAmt0441682
IRS990/PYRevenuesLessExpensesAmt0-43337
IRS990/PYSalariesCompEmpBnftPaidAmt0142161
IRS990/PYTotalExpensesAmt0525837
IRS990/PYTotalRevenueAmt0482500
IRS990/ReconcilationRevenueExpnssAmt0-85426
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0476725
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY INCOME 10,267 HUD COVID RELIEF 51,291 TENANT CHARGES 60 HURRICANE FIONA RELIEF 4,231 MISCELLANEOUS 125
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0473698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0441682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0437690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0432450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0407092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02192612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0497
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0104
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01417
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0476725
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02125
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt040321
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08539
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07430
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07559
IRS990ScheduleA/OtherIncome170Grp/TotalAmt065974
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97020
IRS990ScheduleA/PublicSupportPY170Pct00.96930
IRS990ScheduleA/PublicSupportTotal170Amt02192612
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0473698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0441682
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0437690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0432450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0407092
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02192612
IRS990ScheduleA/TotalSupportAmt02260003
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01313075
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01915742
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03228817
IRS990ScheduleD/EquipmentGrp/BookValueAmt016222
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0486528
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0502750
IRS990ScheduleD/ExpensesSubtotalAmt0562151
IRS990ScheduleD/LandGrp/BookValueAmt0330500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0330500
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058885
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt058885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0476725
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01659797
IRS990ScheduleD/TotalExpensesPerForm990Amt0562151
IRS990ScheduleD/TotalLiabilityAmt06806
IRS990ScheduleD/TotalRevenuePerForm990Amt0476725
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0476725
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0562151
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND OR PHYSICALLY IMPARED FAMILIES LOCATED IN CEIBA, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENT UNDER SECTION 202 (PRAC). IT ALSO RECEIVED HUD'S SECTION 8 TENANT ASSISTANCE UNDER (PRAC) CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS DELEGATE THE MANAGEMENT TO COMBINED BUILDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAVE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VACANCIES IN THE GOVERNING BODY ARE ELECTED BY OTHER MEMBERS OF THE BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OD THE IRS TAX CODE. HUD REQUIRES ANNUAL AUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED. THE FINANCIAL STATEMENT ARE ELECTRONICALLY SUBMITTED TO REAC EACH YEAR. THE MAJOR CATEGORIES OF THE ASSETS, LIABILITIES AND EQUITY ARE REPORTED TO STATE DEPARTMENT OF PUERTO RICO AND ANY PERSON CAN HAVE ACCESS TO THE PUBLIC INFORMATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUALLY THE GOVERNING BOARD CONFIRM THAT THEY DON'T HAVE ANY RELATIONSHIP WITH VENDORS, MANAGEMENT AGENT, OR ANY ENTITY PROVIDED SERVICES TO THE PROJECT., THE PROJECT IS REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE OPERATION OF THE PROJECT IS MONITORING BY THE GOVERNING BODY. THE GOVERNING BODY RECEIVED COUNSELING FROM MANAGEMENT AGENT ABOUT THE PROJECT OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CORPORATION IS EXEMPT FROM TAXATION UNDER SECTION 501 (C) (3) OF THE IRS TAX CODE. HUD REQUIRES ANNUAL AUDITED FINANCIAL STATEMENTS FOR THE YEAR THEN ENDED. THE FINANCIAL STATEMENT ARE ELECTRONICALLY SUBMITTED TO REAC EZCH YEAR. THE MAYOR CATEGORIES OF THE ASSETS, LIABILITIES AND EQUITY ARE REPORTED TO STATE OF DEPARTMENT OF PUERTO RICO AND ANY PERSON CAN HAVE ACESS TO THE PUBLIC INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROJECT AGREEMENT WITH HUD STIPULATES THAT THE PROJECT WILL NOT MAKE ANY DISTRIBUTION OF ASSETS OR INCOME TO ANY OFFICERS OR DIRECTORS. THE OFFICER'S DON'T RECIEVED COMPENSATION FOR THEIR WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PRINCIPAL SOURCE OF REVENUE IS FROM TENANT ASSISTANCE PAYMENTS PROVIDED BY HUD UNDER SECTION 8, RENTAL ASSISTANCE PRAC CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SUPPLIES 3,887 0 0 BAD DEBT 0 4,137 0 PROFESSIONAL SERVICES 0 8,009 0 BANK CHARGES 0 2,267 0 SEMINARS 0 25 0 VEHICLE MAINTENANCE 11,008 0 0 SECURITY CONTRACTS 96,884 0 0 GARBAGE 1,885 0 0 LOSS ON DISPOSAL FIXED ASSET 0 870 0 MISCELLANEOUS TAXES & INSURAN 0 6,129 0 ADP PROCESSING FEES 0 3,061 0 OTHER MISCELLANEOUS EXPENSES 0 3,020 0 COMPUTER SUPPORT 0 1,585 0 UTILITIES 32,930 0 0 MAINTENANCE SERV CONTRACT 11,548 0 0 EDERLY SERVICES 0 2,505 0 AUDIT 0 10,500 0 INSURANCE 34,940 0 0 TOTAL 193,082 42,108 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01872781
IRS990/TotalAssetsEOYAmt01770016
IRS990/TotalAssetsGrp/BOYAmt01872781
IRS990/TotalAssetsGrp/EOYAmt01770016
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0295914
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0266237
IRS990/TotalFunctionalExpensesGrp/TotalAmt0562151
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0112035
IRS990/TotalLiabilitiesEOYAmt094696
IRS990/TotalLiabilitiesGrp/BOYAmt0112035
IRS990/TotalLiabilitiesGrp/EOYAmt094696
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01760746
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01675320
IRS990/TotalProgramServiceExpensesAmt0266237
IRS990/TotalProgramServiceRevenueAmt0473698
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0476725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0476725
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01872781
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01770016
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RODOLFO COSME BAEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07877598038
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRISAS DE CEIBA
ReturnHeader/Filer/BusinessNameControlTxt0BRIS
ReturnHeader/Filer/EIN0660585252
ReturnHeader/Filer/ForeignAddress/AddressLine1Txt08 CALLE SAN JORGE 42 FINAL
ReturnHeader/Filer/ForeignAddress/CityNm0CEIBA
ReturnHeader/Filer/ForeignAddress/CountryCd0RQ
ReturnHeader/Filer/ForeignAddress/ForeignPostalCd000735
ReturnHeader/Filer/PhoneNum07877598038
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0660479116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JLM & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 190476
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JUAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0009190476
ReturnHeader/PreparerPersonGrp/PhoneNum07877646365
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSE LUIS MENDOZA
ReturnHeader/ReturnTs02026-02-03T08:16:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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