2024-08-15T19:30:14-04:00 2023-09-30 660703468 GALINDEZ LLC PO BOX 364152 SAN JUAN PR 009364152 990 2022-10-01 660178704 SOCIEDAD ESPAOLA DE AUXILIO MUTUO Y BENEFICENCIA DE PUERTO RICO SOCI 7877582000 PO BOX 191227 RM/STE 191227 SAN JUAN PR 009191227 MARIA DE L MARTI SIERRA DIRECTOR OF FINANCE 7877582000 2024-08-15 true false YELITZA LOPEZ RIVERA P00965097 7877254545 2024-08-15 2022 2024-08-08 14:25:15Z JORGE L MATTA SERRANO PO BOX 191227 SAN JUAN PR 009191227 96354209 false X N/A X 1901 PR SOCIEDAD ESPAOLA DE AUXILIO MUTUO Y BENEFICENCIA DE PUERTO RICO (THE COMPANY) HAD BEEN PREVIOUSLY FILING AS A 501 (C) (3) ORGANIZATION. ON APRIL 29, 1992 A NEW NONPROFIT ORGANIZATION WAS CREATED TO CONTINUE PROVIDING THE HOSPITAL AND HEALTH CARE SERVICES PREVIOUSLY PROVIDED UNDER THE LEGAL NAME OF THE COMPANY. ON AUGUST 20, 1992 THIS CHANGE WAS REPORTED TO THE EXEMPT ORGANIZATIONS BRANCH OF THE INTERNAL REVENUE SERVICE. THE IRS WAS INFORMED THAT THE COMPANY WOULD BECOME A CONTROLLING AFFILIATE THAT WOULD OWNED THE REAL PROPERTY AND WOULD TRANSFER ITS FUNDS (INCOME LESS EXPENSES) FOR USE IN A MANNER CONSISTENT WITH THE EXEMPTION. ON SEPTEMBER 30, 1992 THE IRS INFORMED THAT THE COMPANY IS NOT REQUIRED TO FILE A NEW APPLICATION FOR TAX EXEMPTION AS A TITLE HOLDING CORPORATION. THE COMPANY ALSO ADMINISTERS A HEALTH PLAN UNDER WHICH INDIVIDUALS IN THE COMMUNITY (WITHOUT EXCEPTIONS) MAY BECOME MEMBERS WITH THE RIGHT TO RECEIVE HOSPITAL AND HEALTH CARE SERVICES AT THE FACILITIES OF HOSPITAL E 28 28 19 0 75648 31882 40738073 40203989 376371 1904379 445167 891126 41635259 43031376 0 0 1051137 877564 0 0 38148392 39281411 39199529 40158975 2435730 2872401 221119442 224233502 75554707 75577375 145564735 148656127 X SOCIEDAD ESPAOLA DE AUXILIO MUTUO Y BENEFICENCIA DE PUERTO RICO (THE COMPANY) HAD BEEN PREVIOUSLY FILING AS A 501 (C) (3) ORGANIZATION. ON APRIL 29, 1992 A NEW NONPROFIT ORGANIZATION WAS CREATED TO CONTINUE PROVIDING THE HOSPITAL AND HEALTH CARE SERVICES PREVIOUSLY PROVIDED UNDER THE LEGAL NAME OF THE COMPANY. ON AUGUST 20, 1992 THIS CHANGE WAS REPORTED TO THE EXEMPT ORGANIZATIONS BRANCH OF THE INTERNAL REVENUE SERVICE. THE IRS WAS INFORMED THAT THE COMPANY WOULD BECOME A CONTROLLING AFFILIATE THAT WOULD OWNED THE REAL PROPERTY AND WOULD TRANSFER ITS FUNDS (INCOME LESS EXPENSES) FOR USE IN A MANNER CONSISTENT WITH THE EXEMPTION. ON SEPTEMBER 30, 1992 THE IRS INFORMED THAT THE COMPANY IS NOT REQUIRED TO FILE A NEW APPLICATION FOR TAX EXEMPTION AS A TITLE HOLDING CORPORATION. THE COMPANY ALSO ADMINISTERS A HEALTH PLAN UNDER WHICH INDIVIDUALS IN THE COMMUNITY (WITHOUT EXCEPTIONS) MAY BECOME MEMBERS WITH THE RIGHT TO RECEIVE HOSPITAL AND HEALTH CARE SERVICES AT THE FACILITIES OF HOSPITAL E false false 24874125 PLAN MEMBERS COVERED BY THE COMPANY'S HEALTH PLAN - 23,631 4021020 PROVIDE HOSPITAL AND HEALTH CARE SERVICES. 4021020 28895145 true false false false false false false false false false true false false true true false true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false true true true true false true 0 0 false 19 true false false false false false false false false false false false false false false X 28 28 false false false false false true false true true false true true false true true true false true false false false X MARA DEL L MART 7877582000 AVE PONCE DE LEN SAN JUAN PR 00919 X LUIS E CID ABRADELO VOWELS X 0 0 0 EMILIO TORRES ANTUANO VOWELS X 0 0 0 ROBERTO SANTANA APARICIO VOWELS X 0 0 0 JESUS M LOPEZ ARGUELLO VOWELS X 0 0 0 VALENTN VALDERRBANO BRCENA VICE-PRESIDE X 0 0 0 ADOLFO TRAPOTE CARLN VOWELS X 0 0 0 RAFAEL A VIL CARRIN VOWELS X 0 0 0 JESS VARGAS DOMNGUEZ VOWEL X 0 0 0 ELOY GUTIERREZ FERNNDEZ VOWELS X 0 0 0 MOISS SUREZ FERNNDEZ VOWELS X 0 0 0 ENRIQUE FIERRES GONZLEZ PRESIDENT X 0 0 0 JOSE M GMEZ LEN VP & TREASUR X 0 0 0 FRANCISCO CARBALLO LOSADA VICE-PRESIDE X 0 0 0 JUAN LEIZN LPEZ VICE-PRESIDE X 0 0 0 NILSA I RODRIGUEZ MARTORELL SUB-SECRETAR X 0 0 0 TELESFORO FERNNDEZ MARTNEZ VOWELS X 0 0 0 JOSE GIL-RODRIGO MONTANER VOWELS X 0 0 0 JOAQUIN QUIOY ORTIZ VOWELS X 0 0 0 CASIMIRO DE LA TORRE PAMPLIEGA SECRETARY X 0 0 0 BERNARDO BUSTO PREZ VOWELS X 0 0 0 RAMN MNDEZ PREZ VOWELS X 0 0 0 CESAR SANTOS RIVERA VOWELS X 0 0 0 SANDRA CABANILLAS RIVERA VOWELS X 0 0 0 JOS VARGAS RODRGUEZ VOWELS X 0 0 0 RAMON DELGADO RUIBAL VICE-PRESIDE X 0 0 0 FERNANDO DEL LLANO SOBRINO SUB-TREASURE X 0 0 0 ANGEL COCERO SNCHEZ VICE- PRESID X 0 0 0 RAFAEL GAMO SNCHEZ VOWELS X 0 0 0 false false false CORPORACION ESPAOLA SERV CLINICOS PO BOX 191227 SAN JUAN PR 009181227 MEDICAL SERVICE 5110176 AA CONSTRUCTION PO BOX 190330 SAN JUAN PR 00918 CONSTRUCTION 1214350 SG CONSTRUCTION PO BOX 190410 SAN JUAN PR 009190410 CONSTRUCTION 1021894 ONCOLOGY & BODY SENDEROS EN MONTEHIEDRA 56 CALLE AQUAMARINA SAN JUAN PR 00926 RADIOLOGY 950587 CARLOS A LAZARO 705 LOS NARANJOS SAN JUAN PR 00907 ARQUITECT 856501 18 31882 31882 MEMBERSHIP DUES 524114 27467864 27467864 RENT 531310 12736125 12736125 40203989 2001196 2001196 53226016 53322833 -96817 -96817 -96817 MISCELLANEOUS 524114 556941 556941 RENT 900099 334185 334185 891126 43031376 40998298 2001196 760503 760503 10526 10526 106535 106535 1398432 892508 505924 7336610 3128512 4208098 HOSPITAL SERVICE COSTS 24874125 24874125 CONTRACT SERVICES 3564810 3564810 OTHER EXPENSES 1705363 1705363 BAD DEBT EXPENSE 402071 402071 40158975 28895145 11263830 0 24858965 22666060 888007 970491 880952 868574 224081712 107558548 113835271 116523164 64185134 66395931 16471113 16809282 221119442 224233502 7596230 9095351 634661 565978 66871086 65447678 452730 468368 75554707 75577375 X 145321923 148434035 242812 222092 145564735 148656127 221119442 224233502 2872401 218991 X false true X true false X 24582717 24582717 170382311 93625047 76757264 989322 989322 28127362 12944179 15183183 116523164 ASSETS UNDER INDENTURE AGREEMENT 14306776 DEPOSITS 1800000 DUE FROM AFFILIATES 365626 OTHER ASSETS 336880 16809282 DUE TO AFFILIATES 468368 468368 43113598 82222 82222 43031376 43031376 40158975 40158975 40158975 A AFICA SERIES 2021 911890324 74527EFX1 2021-11-17 70353478 CONSTRUCT HOSPITAL FACILITIES AND REFUND BONDS ISSUED ON JULY 7TH, 2011. false false false A 1090000 79802243 459916 670806 4751702 52129167 21790653 true false false true A true true true true true true 0.01720 0.01720 false false true A false true false false false false false true true A true DIFFERENCES IN ISSUE PRICE EXPLANATION AFICA SERIES 2021 DIFFERENCE BETWEEN ISSUE PRICE AND PROCEEDS IS DUE TO TRANSFERRED PROCEEDS OF THE REFUNDED BONDS AND INVESTMENT EARNINGS ON THE ISSUE. PURPOSE OF ISSUE DESCRIPTION AFICA SERIES 2021 CONSTRUCT HOSPITAL FACILITIES AND REFUND BONDS ISSUED ON JULY 7TH, 2011. FORM 990 - ORGANIZATION'S MISSION SOCIEDAD ESPAOLA DE AUXILIO MUTUO Y BENEFICENCIA DE PUERTO RICO (THE COMPANY) HAD BEEN PREVIOUSLY FILING AS A 501 (C) (3) ORGANIZATION. ON APRIL 29, 1992 A NEW NONPROFIT ORGANIZATION WAS CREATED TO CONTINUE PROVIDING THE HOSPITAL AND HEALTH CARE SERVICES PREVIOUSLY PROVIDED UNDER THE LEGAL NAME OF THE COMPANY. ON AUGUST 20, 1992 THIS CHANGE WAS REPORTED TO THE EXEMPT ORGANIZATIONS BRANCH OF THE INTERNAL REVENUE SERVICE. THE IRS WAS INFORMED THAT THE COMPANY WOULD BECOME A CONTROLLING AFFILIATE THAT WOULD OWNED THE REAL PROPERTY AND WOULD TRANSFER ITS FUNDS (INCOME LESS EXPENSES) FOR USE IN A MANNER CONSISTENT WITH THE EXEMPTION. ON SEPTEMBER 30, 1992 THE IRS INFORMED THAT THE COMPANY IS NOT REQUIRED TO FILE A NEW APPLICATION FOR TAX EXEMPTION AS A TITLE HOLDING CORPORATION. THE COMPANY ALSO ADMINISTERS A HEALTH PLAN UNDER WHICH INDIVIDUALS IN THE COMMUNITY (WITHOUT EXCEPTIONS) MAY BECOME MEMBERS WITH THE RIGHT TO RECEIVE HOSPITAL AND HEALTH CARE SERVICES AT THE FACILITIES OF HOSPITAL ESPAOL AUXILIO MUTUO DE PUERTO RICO, INC. (THE NEW NON-PROFIT HOSPITAL THAT PROVIDES THE SERVICES THAT WERE PREVIOUSLY PROVIDED UNDER THE LEGAL NAME OF THE COMPANY). FORM 990, PAGE 2, PART III, LINE 4D PROVIDE HOSPITAL AND HEALTH CARE SERVICES. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE BOARD OF TRUSTEES ARE SUBJECT TO THE FOLLOWING REQUISITES AT THE DATE OF THEIR ELECTION: -SHOULD HAVE BEEN MEMBERS OF THE ORGANIZATION'S HEALTH PLAN FOR AT LEAST TWO CONSECUTIVE YEARS PRIOR TO THEIR NOMINATION. -SHOULD HAVE SERVED AS CONSULTANT OR COUNSELOR OF ANY OF THE ORGANIZATION'S BOARD COMMISSIONS OR HAVE BEEN DIRECTOR OF ANY OF THE DEPARTMENTS OR AFFILIATES OF THE ORGANIZATION FOR AT LEAST TWO CONSECUTIVE YEARS PRIOR TO THEIR NOMINATION. -THE PRESIDENT, VICE-PRESIDENT, TREASURER, SUB-TREASURER, SECRETARY AND SUB-SECRETARY SHOULD HAVE BEEN FOUNDATION MEMBERS AND BE AT LEAST 33 YEARS OLD. -THE EIGHTEEN VOWELS SHOULD BE AT LEAST 25 YEARS OLD. EVERY THREE YEARS A PRESIDENT SHOULD BE SELECTED FOR A THREE YEAR TERM. EACH YEAR 1/3 OF THE VOWELS IS SELECTED FOR A TERM OF THREE YEARS. THE PRESIDENT SELECTS AND NOMINATES ANNUALLY FROM THE VOWELS, A FIRST VICE-PRESIDENT, AND FIVE VICE-PRESIDENTS WHICH SHOULD BE RATIFIED BY THE BOARD. THE PRESIDENT UPON TAKING POSSESSION OF HIS POSITION, SHOULD DESIGNATE FROM THE VOWELS, ONE TREASURER, ONE SECRETARY AND THEIR REPLACEMENTS. THE ELECTION FOR THE MEMBERS NOMINATED TO THE BOARD SHOULD BE MADE AT THE ANNUAL ASSEMBLY. THE MEMBERS AT THE ASSEMBLY WILL PROVIDE SECRET VOTE WHICH WILL BE DEPOSITED AT A DESIGNATED BOX. THE PRESIDENT WILL NOMINATE A COMMITTEE WHICH EVENTUALLY REPORT THE RESULTS TO THE ASSEMBLY. FOR FURTHER INFORMATION AS TO THE BOARD MEMBER RIGHTS, INCLUDING THEIR AUTHORITY, OBLIGATIONS AND RESPONSIBILITY, THE BYLAWS OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 11B THE REVIEW PROCESS OF THE FORM 990 IS UNDER THE RESPONSIBILITY OF THE BOARD OF DIRECTORS FINANCE COMMITTEE. SUCH COMMITTEE AT THE TIME, DELEGATES THIS TASK TO THE FINANCE DIRECTOR, WHO PERFORMS THE REVIEW OF THE FORM 990 AND IS AUTHORIZED TO PROVIDE THE RELEASE FOR THE FINAL ISSUANCE OF THE FORM. FORM 990, PAGE 6, PART VI, LINE 12C THE MEMBERS OF THE BOARD OF TRUSTEES ARE SUBJECT TO THE FOLLOWING THE FOLLOWING POLICY OF DUALITY AND CONFLICT OF INTEREST IS HEREBY ADOPTED: 1) ANY BOARD MEMBER OR BOARD OF THE "TRUSTEE" THAT COULD HAVE A DUALITY OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHOULD NOT VOTE OR USE HIS PERSONAL INFLUENCE ON THE MATTER, AND HE OR SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHERE PERMITTED BY LAW. ALSO, THIS WILL BE APPLICABLE TO ADMINISTRATIVE EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT OR BYLAWS AVAILABLE TO THE MEMBERS OF THE BOARD OF DIRECTORS AND TOP MANAGEMENT. THE POLICY OF CONFLICTS OF INTEREST IS AVAILABLE TO THE ORGANIZATION'S BOARD OF DIRECTORS, TOP MANAGEMENT AND EMPLOYEES IN ORDER THAT ALL ARE AWARE OF SUCH IN THE PERFORMANCE OF THEIR FUNCTIONS. IN CASE OF THE FINANCIAL STATEMENT, THESE ARE MADE AVAILABLE TO CERTAIN PARTIES IN ADDITION TO THE ORGANIZATION'S MANAGEMENT, SUCH AS BONDHOLDERS, CREDITORS AND THE FEDERAL GOVERNMENT. HOSPITAL ESPAOL AUXILIO MUTUO DE PUERTO RICO PO BOX 191227 SAN JUAN PR 009191227 660486907 HOSPITAL PR 501C3 N/A false CENTRO DE RADIOTERAPIA AUXILIO MUTU PO BOX 191227 SAN JUAN PR 00919 660612302 MEDICAL PR N/A false CORP ESPAOLA DE SERVICIOS CLINICOS PO BOX 191227 SAN JUAN PR 00919 660689155 MEDICAL PR N/A false AUXILIO SALUD PLUS INC PO BOX 191227 SAN JUAN PR 00919 660647362 HEALTH PLN PR HOSP AUX M C CORP 5099937 4400458 1.00000 false false false false true false false false false false true false false true false true true false false false HOSPITAL AUXILIO MUTUO DE PR J 12034256 CONTRACT BASED ON SQ FT AUXILIO SALUD PLUS J 80125 CONTRACT BASED ON SQ FT HOSPITAL AUXILIO MUTUO DE PR P 2270754 REIMBURSEMENT HOSPITAL AUXILIO MUTUO DE PR M 12103224 CONTRACT HOSPITAL AUXILIO MUTUO DE PR O 83524 TIME INCURRED CENTRO DE RADIOTERAPIA M 139875 CONTRACT CORP ESPAOLA DE SERVICIOS CLNICOS M 6039874 CONTRACT AUXILIO SALUD PLUS M 23916 CONTRACT HOSPITAL AUXILIO MUTUO DE PR D 365626 CONTRACT CORP ESPAOLA DE SERVICIOS CLNICOS J 171744 CONTRACT BASED ON SQ FT CENTRO DE RADIOTERAPIA J 450000 CONTRACT BASED ON SQ FT