Nonprofit · EIN 23-7090081
INQUILINOS BORICUAS EN ACCION INC
Tax-exempt · BOSTON, MA 02118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $33,293,513 | $26,319,502 | $6,974,011 | $260,977,144 | $107,693,760 | $153,283,384 |
| December 31, 2024 | 990 | $31,630,927 | $22,246,117 | $9,384,810 | $250,278,381 | $110,835,218 | $139,443,163 |
| December 31, 2023 | 990 | $21,880,419 | $13,883,067 | $7,997,352 | $177,993,455 | $52,201,326 | $125,792,129 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,504,505
- of which government grants
- $1,873,500
- Program service revenue
- $21,272,462
- Investment income
- $4,476,257
- Net gain from sales of assets
- $1,962,179
- Net income from fundraising events
- -$133,937
- Other revenue
- $40,289
Expenses
- Grants and similar amounts paid
- $3,592,204
- Compensation of officers, directors and key employees
- $720,979
- Other salaries and wages
- $4,258,470
- Salaries, compensation and benefits (total)
- $6,627,949
- Professional fundraising fees
- $0
- Legal fees
- $50,127
- Accounting fees
- $150,674
- Occupancy
- $9,235,474
- Travel
- $188,018
- Depreciation
- $4,090,389
- Program services (functional)
- $24,091,599
- Management and general (functional)
- $1,503,120
- Fundraising (functional)
- $724,783
Balance sheet and other
- Total assets, start of year
- $250,278,381
- Total assets, end of year
- $260,977,144
- Total liabilities, end of year
- $107,693,760
- Net assets, end of year
- $153,283,384
- Land, buildings and equipment
- $98,355,863
- Net assets without donor restrictions
- $134,769,110
- Net assets with donor restrictions
- $18,514,274
- Gross receipts
- $59,295,059
- Employees
- 54
- Volunteers
- 19
- Year formed
- 1968
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA CALDERON-ROSADO | CHIEF EXECUTIVE OFFICER Officer | 34.4 | $331,695 | $54,303 |
| MAYRA NEGRON-ROCHE | CHIEF OPERATING OFFICER Officer | 34.4 | $284,006 | $50,975 |
| RAFAEL PEREZ MEDINA | CHIEF PROGRAM OFFICER (UNTIL 8/25) Highest-paid employee | 35 | $176,580 | $25,150 |
| XAVIER CHAVARRIA | CHIEF HUMAN RESOURCES OFFICER Highest-paid employee | 35 | $148,000 | $14,991 |
| KARTHIKEYAN RAJU | CONTROLLER Highest-paid employee | 35 | $122,697 | $28,540 |
| JASON DULONG | FACILITIES DIRECTOR (UNTIL 12/25) Highest-paid employee | 35 | $135,552 | $13,744 |
| YAHAIRA OBJIO | RESIDENT SERVICES PROGRAM DIR. Highest-paid employee | 35 | $114,094 | $22,573 |
| MARIA VASALLO | PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 |
| JAVIER FLORES | VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 |
| JENNIFER FAUTH | TREASURER Trustee or director, Officer | 0.2 | $0 | $0 |
| WENDY MELENDEZ | CLERK Trustee or director, Officer | 0.2 | $0 | $0 |
| KIRA TAFORO | MEMBER Trustee or director | 0.2 | $0 | $0 |
| VADIM KUKSIN | MEMBER Trustee or director | 0.2 | $0 | $0 |
| ROBERT GOLDSTEIN | MEMBER Trustee or director | 0.2 | $0 | $0 |
| PATRICK GREENE | MEMBER Trustee or director | 0.2 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDRES COLON | MEMBER Trustee or director | 0.2 | $0 |
| JOSE FERNANDEZ | MEMBER Trustee or director | 0.2 | $0 |
| SHARON BONET | MEMBER Trustee or director | 0.2 | $0 |
| DIVYA MANI | MEMBER Trustee or director | 0.2 | $0 |
| LAURIE GOULD | MEMBER Trustee or director | 0.2 | $0 |
| IRIS SANCHEZ | MEMBER Trustee or director | 0.2 | $0 |
| HECTOR CRUZ | MEMBER (UNTIL 12/2025) Trustee or director | 0.2 | $0 |
| HECTOR COLON | MEMBER (UNTIL 2025) Trustee or director | 0.2 | $0 |
| REINELDA RIVERA | MEMBER (UNTIL 2025) Trustee or director | 0.2 | $0 |
| CINDY WILLIAMS | MEMBER (UNTIL 2025) Trustee or director | 0.2 | $0 |
| MIGUEL VASQUEZ | MEMBER (UNTIL 2025) Trustee or director | 0.2 | $0 |
990 for the year ended December 31, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA CALDERON-ROSADO | CHIEF EXECUTIVE OFFICER Officer | 34.4 | $319,833 | $51,113 |
| MAYRA NEGRON-ROCHE | CHIEF OPERATING OFFICER Officer | 34.4 | $273,230 | $51,287 |
| RAFAEL PEREZ MEDINA | CHIEF PROGRAM OFFICER Highest-paid employee | 35 | $177,369 | $32,704 |
| TARA MCCABE | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 35 | $157,627 | $5,743 |
| XAVIER CHAVARRIA | CHIEF HUMAN RESOURCES OFFICER Highest-paid employee | 35 | $137,229 | $13,000 |
| JASON DULONG | FACILITIES DIRECTOR Highest-paid employee | 35 | $127,141 | $12,784 |
| YAHAIRA OBJIO | RESIDENT SERVICES PROGRAM DIRECTOR Highest-paid employee | 35 | $109,729 | $21,747 |
| MARIA VASALLO | PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 |
| JAVIER FLORES | VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 |
| JENNIFER FAUTH | TREASURER Trustee or director, Officer | 0.2 | $0 | $0 |
| PEDRO MIRANDA | CLERK (UNTIL 2024) Trustee or director, Officer | 0.2 | $0 | $0 |
| HECTOR CRUZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| VADIM KUKSIN | MEMBER Trustee or director | 0.2 | $0 | $0 |
| WENDY MELENDEZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| ROBERT GOLDSTEIN | MEMBER Trustee or director | 0.2 | $0 | $0 |
| HECTOR COLON | MEMBER Trustee or director | 0.2 | $0 | $0 |
| REINELDA RIVERA | MEMBER Trustee or director | 0.2 | $0 | $0 |
| PATRICK GREENE | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JOSE FERNANDEZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| SHARON BONET | MEMBER Trustee or director | 0.2 | $0 | $0 |
| DIVYA MANI | MEMBER Trustee or director | 0.2 | $0 | $0 |
| CINDY WILLIAMS | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MIGUEL VASQUEZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| LAURIE GOULD | MEMBER Trustee or director | 0.2 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA CALDERON-ROSADO | CHIEF EXECUTIVE OFFICER Officer | 34.4 | $323,843 | $42,255 |
| MAYRA NEGRON-ROCHE | CHIEF OPERATING OFFICER Officer | 34.4 | $293,690 | $45,395 |
| RAFAEL PEREZ MEDINA | CHIEF PROGRAM OFFICER Highest-paid employee | 35 | $184,858 | $29,201 |
| TARA MCCABE | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 35 | $151,403 | $2,850 |
| YAHAIRA OBJIO | RESIDENT SERVICES PROGRAM DIRECTOR Highest-paid employee | 35 | $106,113 | $18,464 |
| TIN TIN NYO | CONTROLLER Highest-paid employee | 35 | $104,303 | $7,282 |
| MARIA VASALLO | PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 |
| JAVIER FLORES | VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 |
| JENNIFER FAUTH | TREASURER Trustee or director, Officer | 0.2 | $0 | $0 |
| PEDRO MIRANDA | CLERK Trustee or director, Officer | 0.2 | $0 | $0 |
| HECTOR CRUZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| EDWIN SEDA | MEMBER (RESIGNED 12/2022) Trustee or director | 0.2 | $0 | $0 |
| VADIM KUKSIN | MEMBER Trustee or director | 0.2 | $0 | $0 |
| WENDY MELENDEZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| ROBERT GOLDSTEIN | MEMBER Trustee or director | 0.2 | $0 | $0 |
| HECTOR COLON | MEMBER Trustee or director | 0.2 | $0 | $0 |
| REINELDA RIVERA | MEMBER Trustee or director | 0.2 | $0 | $0 |
| PATRICK GREENE | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JOSE FERNANDEZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| SHARON BONET | MEMBER Trustee or director | 0.2 | $0 | $0 |
| DIVYA MANI | MEMBER Trustee or director | 0.2 | $0 | $0 |
| CINDY WILLIAMS | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MIGUEL VASQUEZ | MEMBER Trustee or director | 0.2 | $0 | $0 |
| LAURIE GOULD | MEMBER Trustee or director | 0.2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 85 WEST NEWTON ST, BOSTON, MA 02118-1523
- Principal officer (990 for 2025)
- VANESSA CALDERON-ROSADO, 85 W NEWTON STREET, BOSTON, MA 02118
- Signed the 990
- VANESSA CALDERON-ROSADO, CHIEF EXECUTIVE OFFICER
- Phone
- (617) 927-1707
- Website
- WWW.IBABOSTON.ORG
- Return prepared by
- AAFCPAS INC
Mission
INQUILINOS BORICUAS EN ACCION (IBA) EMPOWERS AND ENGAGES INDIVIDUALS AND FAMILY TO IMPROVE THEIR LIVES THROUGH HIGH-QUALITY AFFORDABLE HOUSING, EDUCATION, AND ARTS PROGRAMS.
Program accomplishments
- IBA IS A NON-PROFIT OWNER AND DEVELOPER OF AFFORDABLE HOUSING. THE MAIN GOAL IS TO PROVIDE AN AFFORDABLE, SAFE AND HEALTHY ENVIRONMENT THAT PROMOTES THE HIGHEST QUALITY OF LIFE FOR LOW AND MODERATE-INCOME FAMILIES AND ELDERS. IBA ALSO SUPPORT FAMILIES THAT ARE AT RISK OF LOSING THEIR HOMESBY HELPING THEM RETAIN THEIR HOUSING THROUGH DIFFERENT SERVICES THAT INCLUDE: COUNSELING, CASE MANAGEMENT AND ADVOCACY.Expenses $17,952,276 · grants $3,592,204 · revenue $18,720,102
- EARLY EDUCATION PROGRAM - OUR APPROACH GOES WELL BEYOND TESTING SCORES, IT FOCUSES ON SKILLS DEVELOPMENT, SUCH AS INCLUSION, ADAPTABILITY, CREATIVITY, CRITICAL THINKING AND INDEPENDENCE. OUR DEDICATED TEACHERS AND STAFF NURTURE EACH CHILD'S CREATIVITY AND INDIVIDUALITY, RECOGNIZING THESE SKILLS TO BE JUST AS IMPORTANT AS THE ACADEMIC SKILLS THEY NEED TO SUCCEED. ALL OF OUR STUDENTS GRADUATE PREPARED FOR KINDERGARTEN - THEY LEAVE US READY TO READ, WITH STRENGTHENED BILINGUAL SKILLS, AND WITH THE KNOWLEDGE THAT WILL SERVE THEM TO BECOME VALUED MEMBERS OF THEIR SOCIETY. OUR PROGRAM FOCUSES ON 5 CORE VALUES TO EDUCATE YOUR CHILD FOR FUTURE SUCCESS;SOCIO-EMOTIONAL SKILLS, LITERACY SKILLS, LEARNING SKILLS, COGNITIVE DEVELOPMENT, AND FINE AND GROSS MOTOR DEVELOPMENT.Expenses $1,901,537 · revenue $204,156
- REAL ESTATE MANAGEMENT - NON-PROFIT OWNER AND DEVELOPER OF AFFORDABLE HOUSING. THE MAIN GOAL IS TO PROVIDE AN AFFORDABLE, SAFE AND HEALTHY ENVIRONMENT THAT PROMOTES THE HIGHEST QUALITY OF LIFE FOR LOW AND MODERATE-INCOME FAMILIES AND ELDERS. IBA OWNS A RENTAL HOUSING PORFOLIO OF 667 AFFORDABLE UNITS.Expenses $1,434,675 · revenue $803,419
- ARTS - THE LARGEST LATINO ARTS CENTER IN NEW ENGLAND, IBA PRESENTS CONCERTS, FESTIVALS, EXHIBITS AND OTHER HIGH QUALITY PROGRAMMING THAT IS AFFORDABLE ACCESSIBLE, AND INNOVATIVE.Expenses $587,157 · revenue $47,995
- YOUTH DEVELOPMENT PROGRAM FOSTERS SOCIO-EMOTIONAL, INTELLECTUAL AND ARTISTIC GROWTH IN YOUNG PEOPLE BETWEEN 14 AND 19 YEARS OLD, WHILE HELPING THEM DEVELOP 21ST CENTURY SKILLS TO BE SUCCESSFUL IN LIFE.Expenses $978,031
- RESIDENT SERVICES PROGRAM WORKS TO EMPOWER RESIDENTS OF THE VILLA VICTORIA AFFORDABLE HOUSING COMMUNITY WITH A PARTICULAR FOCUS ON THE COMMUNITY'S SENIORS, WE PROMOTE LIVING AN A MORE ACTIVE AND FULFILLING LIFE. USING A CULTURALLY RESPONSIVE APPROACH, OUR CARING AND BILINGUAL TEAM HELPS RESIDENTS:MEET BASIC NEEDS THROUGH ADVOCACY, CASE MANAGEMENT AND REFERRALS. KEEP ACTIVE AND CONNECTED TO THE COMMUNITY THROUGH SOCIAL, RECREATIONAL, AND CULTURAL PROGRAMMING. BOOST HEALTH AND WELLNESS THROUGH FITNESS/EXERCISE CLASSES, WORKSHOPS AND HEALTH SCREENINGS.Expenses $785,079
- FINANCIAL EMPOWERMENT PROGRAM SUPPORTS ITS COMMUNITY IN ACHIEVING FINANCIAL STABILITY BY PROVIDING ACCESSIBLE, BILINGUAL FINANCIAL EDUCATION PROGRAMMING AND PERSONALIZED FINANCIAL COACHING. THE FINANCIAL EMPOWERMENT PROGRAM OFFERS BOTH ONE-ON-ONE FINANCIAL COACHING AND GROUP FINANCIAL EDUCATION CLASSES THAT COVER TOPICS SUCH AS BUDGETING, MANAGING LOANS, BUILDING CREDIT, OPENING A BANK ACCOUNT, SAVINGS AND ELIMINATING DEBT.Expenses $452,844
- REAL ESTATE DEVELOPMENTrevenue $1,671,016
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7090081
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $260,977,144
- Income (IRS master file)
- $59,295,059
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $33,293,513 | $26,319,502 | $260,977,144 | IRS |
| 990 | December 2024 | $31,630,927 | $22,246,117 | $250,278,381 | IRS |
| 990 | December 2023 | $21,880,419 | $13,883,067 | $177,993,455 | XML |
| 990 | December 2022 | $18,804,010 | $13,537,869 | $162,841,239 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7090081).
Questions about INQUILINOS BORICUAS EN ACCION INC
- What is the EIN of INQUILINOS BORICUAS EN ACCION INC?
- The employer identification number (EIN) of INQUILINOS BORICUAS EN ACCION INC is 23-7090081.
- Is INQUILINOS BORICUAS EN ACCION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to INQUILINOS BORICUAS EN ACCION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INQUILINOS BORICUAS EN ACCION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INQUILINOS BORICUAS EN ACCION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INQUILINOS BORICUAS EN ACCION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INQUILINOS BORICUAS EN ACCION INC?
- The 990 for the year ended December 31, 2025 names VANESSA CALDERON-ROSADO.
- Who are the officers and directors of INQUILINOS BORICUAS EN ACCION INC?
- The 990 for the year ended December 31, 2025 lists 26 people; 7 received compensation from the organization, the highest $331,695 (VANESSA CALDERON-ROSADO, CHIEF EXECUTIVE OFFICER).
- How much revenue does INQUILINOS BORICUAS EN ACCION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $33,293,513, expenses of $26,319,502 and total assets of $260,977,144 at year end.
Other nonprofits in BOSTON
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND EIN 11-0303001 · last filed 990 for 2025
- DANA-FARBER CANCER INSTITUTE EIN 04-2263040 · last filed 990 for 2025
- CHILDRENS HOSPITAL CORPORATION EIN 04-2774441 · last filed 990 for 2025
- TRUSTEES OF BOSTON UNIVERSITY EIN 04-2103547 · last filed 990-N for 2024
- NORTHEASTERN UNIVERSITY EIN 04-1679980 · last filed 990-N for 2025
- BOSTON MEDICAL CENTER CORPORATION EIN 04-3314093 · last filed 990 for 2025
- COMMONWEALTH CARE ALLIANCE INC EIN 04-3756900 · last filed 990 for 2024
- HARVARD MANAGEMENT PRIVATE EQUITY CORPORATION EIN 04-3070522 · last filed 990 for 2025