Haser Inc

“The form 990 is prepared by an independent tax accountant in conjunction with the organization's Executive Director and the Director of Accounting of the organization. The Executive Director reviews the final draft of the form 990; Director of Accounting adjustments are made as needed. A complete copy of the form 990 is then provided to the entire Board of Directors prior to filing with the IRS.”

“All members of the Board of Directors and key officers are required to submit conflict of interest statements once a year before January 15th or if there is an occurrence of any event throughout the year where the disclosure is required under our conflict of interest policy. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall determine if a conflict of interest exists by majority vote. Prior to acting on any business transaction the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. No conflicts of interest have occurred during the 2024 period.”

“The Executive Director, Director of Accounting, Director of Communication and Development are exempt employee with a gross salary of $71,364/year, $53,844/year and $31,161/year respectively which was determined by the board based on the available funds for the year as well as reviewing compensation for executive directors in other similar organizations in Puerto Rico. It was determined that the amount to be paid was less than the average amount paid to executive directors in similar fields.”

“The organization's 990 form, audited financial statement, annual reports are available through our website. The organizations by laws are available by request and they include our conflict of interest policy.”

“All members of the Board of Directors and key officers are required to submit conflict of interest statements once a year before January 15th or if there is an occurrence of any event throughout the year where the disclosure is required under our conflict of interest policy. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall determine if a conflict of interest exists by majority vote. Prior to acting on any business transaction the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. No conflicts of interest have occurred during the 2024 period.”

“The Executive Director, Director of Accounting, Director of Communication and Development are exempt employee with a gross salary of $71,364/year, $53,844/year and $31,161/year respectively which was determined by the board based on the available funds for the year as well as reviewing compensation for executive directors in other similar organizations in Puerto Rico. It was determined that the amount to be paid was less than the average amount paid to executive directors in similar fields.”

“The organization's 990 form, audited financial statement, annual reports are available through our website. The organizations by laws are available by request and they include our conflict of interest policy.”

“The organization did not have any key employees or officers with $150,000 or more of compensation in 2024. The Executive Director is categorized as an officer as an exempt employee with a gross annual salary of $71,364/year. The Director of Accounting was also an exempt employee with a gross annual salary of $53,844/year. The Director of Communication and Development started in June 2024 was also an exempt employee with a gross annual salary of $31,161/year”

“The other revenue comes from education and social services offered to youth and adults. This includes sales of fruit and vegetables in food desert areas, on site farm educational visits, educational workshops in artisanal cultural preservation and outdoor youth experiential learning experiences in art, sustainability, health, and others. Participants are mainly from Puerto Rico low income communities but also US based education groups that learn about our culture and history.”

“The other revenue comes from education and social services offered to youth and adults. This includes sales of fruit and vegetables in food desert areas, on site farm educational visits, educational workshops in artisanal cultural preservation and outdoor youth experiential learning experiences in art, sustainability, health, and others. Participants are mainly from Puerto Rico low income communities but also US based education groups that learn about our culture and history.”

“The form 990 is prepared by an independent tax accountant in conjunction with the organization's Executive Director and the Director of Accounting of the organization. The Executive Director reviews the final draft of the form 990; Director of Accounting adjustments are made as needed. A complete copy of the form 990 is then provided to the entire Board of Directors prior to filing with the IRS.”

“Prior period difference not previously recorded = $40814”

“The organization?s mission is to promote social well-being in Puerto Rico through community-based projects working towards equity and quality of life. Envisioning a society where communities organize in different ways and implement resilient and socio-ecological strategies to improve equity and quality of life on the planet. Faced with precariousness and social inequality, more communities organize local actions addressing needs in health, economic development, social justice, culture, ecology, agriculture, and social welfare. Actions are carried out with few resources and limited access to funds, creating more barriers in communities already suffering from the effects of the crisis and historical inequalities.”

“Thorough due diligence is conducted in advance of funding to determine whether a group will be an appropriate grantee. All grants approved to domestic organizations were done under a fiscal sponsorship pre-approved grant agreement. All domestic organizations are considered nonprofit under Puerto Rico 1101.01 exemption that has equal basic requirements as 501c3 organizations in the United States. All organizations must send yearly their local nonprofit documents and good standings in Puerto Rico. Funds are disbursed through a reimbursement process after all receipts are reviewed by HASER. Advances are done on a request and review basis. Furthermore, HASER retains variance of power over the funds and requires grantees to send proposals for pre-approval by HASER before HASER sends to potential donors”

“Thorough due diligence is conducted in advance of funding to determine whether a group will be an appropriate grantee. All grants approved to domestic organizations were done under a fiscal sponsorship pre-approved grant agreement. All domestic organizations are considered nonprofit under Puerto Rico 1101.01 exemption that has equal basic requirements as 501c3 organizations in the United States. All organizations must send yearly their local nonprofit documents and good standings in Puerto Rico. Funds are disbursed through a reimbursement process after all receipts are reviewed by HASER. Advances are done on a request and review basis. Furthermore, HASER retains variance of power over the funds and requires grantees to send proposals for pre-approval by HASER before HASER sends to potential donors.”

“Professional services for our Network of Actions Program that runs across the entire archipelago. It includes specialized consulting (admin, legal,financial), temporary project managers and workshop leaders and educators.”

“Professional services related to administration, communication and reporting”

“A professional service related to supporting a fundraising campaign.”

“There is $5,702.43 that is the deposit required for the organization's credit card that has a limit of $5,000. The remaining $2,989.57 is a deposit on a membership for the 2025 year.”

“Deferred revenue relates to grants that are given in a year but are expected to be used in later years.”