Brisas De Ceiba Corp

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

“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”

“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.”

“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.”

“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.”

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

“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.”

“Supplies 13,348 3,070 0 bad debt 0 2,980 0 professional services 0 2,019 0 bank charges 0 2,372 0 seminars 0 460 0 vehicle maintenance 7,949 0 0 security contracts 86,070 0 0 garbage 1,595 0 0 loss on disposal fixed asset 0 646 0 miscellaneous taxes & insuran 4,400 0 0 adp processing fees 2,973 0 0 other miscellaneous expenses 768 6,898 0 computer support 0 3,587 0 utilities 31,156 0 0 maintenance serv contract 12,423 0 0 ederly services 2,126 0 0 audit fees 0 9,500 0 total 162,808 31,532 0”