Nonprofit · EIN 66-0426787
CORPORACION LA FONDITA DE JESUS
Tax-exempt · SAN JUAN, PR 00910
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2024 | 990 | $9,104,605 | $4,663,865 | $4,440,740 | $8,508,611 | $524,773 | $7,983,838 |
| May 31, 2023 | 990 | $4,732,021 | $4,321,414 | $410,607 | $4,045,578 | $569,258 | $3,476,320 |
Financial details: 990 for the year ended May 31, 2024
Revenue
- Contributions, gifts and grants
- $8,940,210
- of which government grants
- $2,658,856
- Program service revenue
- $0
- Investment income
- $10,941
- Net gain from sales of assets
- -$16,621
- Net income from fundraising events
- $153,454
- Other revenue
- $153,454
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $270,442
- Other salaries and wages
- $1,040,972
- Salaries, compensation and benefits (total)
- $1,602,640
- Professional fundraising fees
- $0
- Occupancy
- $710,050
- Depreciation
- $341,549
- Program services (functional)
- $4,235,482
- Management and general (functional)
- $393,778
- Fundraising (functional)
- $34,605
Balance sheet and other
- Total assets, start of year
- $4,045,578
- Total assets, end of year
- $8,508,611
- Total liabilities, end of year
- $524,773
- Net assets, end of year
- $7,983,838
- Land, buildings and equipment
- $2,796,341
- Publicly traded securities
- $4,921,509
- Net assets without donor restrictions
- $5,365,772
- Net assets with donor restrictions
- $2,618,066
- Gross receipts
- $12,118,232
- Employees
- 45
- Volunteers
- 90
- Year formed
- 1985
- State of legal domicile
- PR
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 May 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSUE MAYSONET COLON | EXECUTIVE DI Former | 40 | $77,781 |
| FELIX R BELLO ACEVEDO | VICEPRESIDEN Trustee or director | 3 | $0 |
| DAMASO BERMUDEZ CAINS | DIRECTOR Trustee or director | 1 | $0 |
| MARIA I CASTILLO DEL CORAL | DIRECTOR Trustee or director | 4 | $0 |
| FELIPE GUZMAN | DIRECTOR Trustee or director | 20 | $0 |
| JOSE JUAN JAUNARENA | DIRECTOR Trustee or director | 2 | $0 |
| PEDRO J ITURREGUI JIMENEZ | DIRECTOR Trustee or director | 2 | $0 |
| LUISETTE M NEGRON | ASSISTANT TR Trustee or director | 2 | $0 |
| FRANCISCO PERDOMO | TREASURER Trustee or director | 3 | $0 |
| MARIBEL RAMOS | DIRECTOR Trustee or director | 0 | $0 |
| MERCEDES PONT ROMAGUERA | ASSISTANT SE Trustee or director | 6 | $0 |
| MANUEL SALAS | DIRECTOR Trustee or director | 20 | $0 |
| PABLO SEPULVEDA | DIRECTOR Trustee or director | 10 | $0 |
| GABRIELA SOLER | DIRECTOR Trustee or director | 2 | $0 |
| MARK N WILSON | DIRECTOR Trustee or director | 25 | $0 |
990 for the year ended May 31, 2023: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSUE MAYSONET COLON | EXECUTIVE DI Trustee or director | 40 | $79,831 |
| GERALDINE BAYRON RIVERA | HUMAN RESOUR Trustee or director | 40 | $52,765 |
| OSWALDO MARRERO | OPERATIONS D Trustee or director | 40 | $44,706 |
| EDWIN OTERO CUEVAS | DEVELOPMENT Trustee or director | 40 | $44,387 |
| AILEEN DE JESUS | HUMAN RESOUR Trustee or director | 40 | $44,173 |
| NANCY LOPEZ | HOUSING DIRE Trustee or director | 40 | $43,773 |
| WENDY SERRANO | FINANCE DIRE Trustee or director | 40 | $28,346 |
| FELIX R BELLO ACEVEDO | VICEPRESIDEN Trustee or director | 3 | $0 |
| DAMASO BERMUDEZ CAINS | DIRECTOR Trustee or director | 1 | $0 |
| SAMUEL CESPEDES | PRESIDENT Trustee or director | 5 | $0 |
| MARIA I CASTILLO DEL CORAL | DIRECTOR Trustee or director | 4 | $0 |
| FELIPE GUZMAN | DIRECTOR Trustee or director | 20 | $0 |
| JOSE JUAN JAUNARENA | DIRECTOR Trustee or director | 2 | $0 |
| PEDRO J ITURREGUI JIMENEZ | DIRECTOR Trustee or director | 2 | $0 |
| LUISETTE M NEGRON | ASSISTANT TR Trustee or director | 2 | $0 |
| FRANCISCO PERDOMO | TREASURER Trustee or director | 3 | $0 |
| MARIBEL RAMOS | DIRECTOR Trustee or director | 0 | $0 |
| CARMEN ROBLES | DIRECTOR Trustee or director | 10 | $0 |
| MERCEDES PONT ROMAGUERA | ASSISTANT SE Trustee or director | 6 | $0 |
| MANUEL SALAS | DIRECTOR Trustee or director | 20 | $0 |
| GABRIELA SOLER | DIRECTOR Trustee or director | 2 | $0 |
| MARK N WILSON | DIRECTOR Trustee or director | 25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 19384, SAN JUAN, PR 00910-1384
- In care of
- % LA FONDITA DE JESUS
- Principal officer (990 for 2023)
- SAMUEL CESPEDES, PO BOX 19384, FERNANDEZ JUNCOS ST, SAN JUAN, PR 009101384
- Signed the 990
- GERALDINE BAYRON RIVERA, EXECUTIVE DIRECTOR
- Phone
- (787) 724-4051
- Website
- WWW.LAFONDITADEJESUS.ORG
- Return prepared by
- RSM PUERTO RICO
Mission
TO FORM A COMMUNITY WITH HOMELESS PEOPLE WORKING TOGETHER TO TRANFORM THOSE REALITIES THAT PROVIDES SUCH LIFE CONDITIONS.
Program accomplishments
- BASIC PSYCHOSOCIAL, HEALTH & COMMUNITY SERVICES THIS PROGRAM SERVED A TOTAL OF APPROXIMATELY 6,013 PARTICIPANTS. TO ACCOMPLISH THE ORGANIZATION'S MISSION, PARTICIPANTS WERE PROVIDED WITH BASIC SERVICES, INCLUDING FOOD (2,503 PEOPLE SERVED), CLOTHING (362 PEOPLE SERVED), TRANSPORTATION (238 PEOPLE SERVED) AND HYGIENE (596 PEOPLE SERVED), AS WELL AS SOCIAL SERVICES (2,088 PEOPLE SERVED) AND EDUCATIONAL WORKSHOPS (423 PEOPLE SERVED). PARTICIPANTS WERE ALSO HELPED TO INITIATE A HEALING PROCESS FOR A HEALTHY INTEGRATION INTO THE COMMUNITY WITH A TEAM OF SOCIAL WORKERS, CASE MANAGERS, COUNSELORS, DOCTORS, NURSES, PSYCHOLOGISTS, AND PSYCHIATRISTS. HEALTH SERVICES WERE PROVIDED TO 3,034 PEOPLE. KONECT@OS (COMMUNITY LIBRARY) PROVIDED SERVICES TO THE HOMELESS AND THE COMMUNITY AT LARGE. IT HAS BOOKS, COMPUTERS, ACCESS TO THE INTERNET, AND BASIC AUDIO-VISUAL MATERIALS PRIMARILY USED BY STUDENTS OF THE COMMUNITY WHERE THE ORGANIZATION IS LOCATED. THE PROGRAM RECEIVED 621,562.72 IN DONATED PROFESSIONAL SERVICES, OTHER VOLUNTEER SERVICES, DONATED ADVERTISING SPACE, AND PUBLICATION SERVICES.Expenses $2,932,042
- HOUSING AND PROGRAM INCOME THROUGH THIS PROGRAM, THE ORGANIZATION DEVELOPS AND MANAGES HOUSING PROJECTS AND MICRO-ENTERPRISES TO INCREASE ACCESS TO HOUSING AND JOB OPPORTUNITIES FOR THE HOMELESS POPULATION. ALSO, AFFORDABLE AND ADEQUATE HOUSING IS IDENTIFIED IN THE MARKET TO PLACE PARTICIPANTS WHO CANNOT BE ACCOMMODATED IN THE ORGANIZATION'S HOUSING DEVELOPMENTS. A TOTAL OF 222 PARTICIPANTS BENEFITED FROM HOUSING PLACEMENT SERVICES. THE PROGRAM ALSO INCLUDES SKILLS DEVELOPMENT FOR THE PARTICIPANTS' HEALTHY INTEGRATION INTO THE COMMUNITY AND TO PROMOTE SELF-SUFFICIENCY. SIXTY-EIGHT (68) PARTICIPANTS BENEFITED FROM THIS PROGRAM. THE ORGANIZATION OWNS AND MANAGES A GREENHOUSE, A THRIFT SHOP, AND AN ART WORKSHOP THAT SERVE AS THERAPY AND TRAINING RESOURCES. AVAILABLE JOBS IN THE MARKET WERE ALSO IDENTIFIED TO INCREASE OPPORTUNITIES TO PLACE PARTICIPANTS. THIRTEEN (13) PARTICIPANTS WERE PLACED IN JOB POSITIONS.Expenses $1,291,074
- HOLISTIC SUPPORT AND SOCIAL JUSTICE PROVIDES SUPPORT TO 761 PARTICIPANTS TO STRENGTHEN THEIR PERSONAL GROWTH AND WORK WITH COMMUNITY TRANSFORMATION (PARTICIPANTS, EMPLOYEES, VOLUNTEERS, AND COMMUNITY). THIS PROGRAM EDUCATES ON GOVERNMENT PUBLIC POLICY THAT IMPACTS THE RIGHTS OF HOMELESS PEOPLE AND SPONSORS ACTIVITIES FOR EDUCATIONAL AND SOCIAL JUSTICE FORMATION. IN THIS AREA, 7,612 DIRECT SERVICES HAVE BEEN PROVIDED, AND 175 DIVERSE ACTIVITIES HAVE BEEN HELD. THE PROGRAM RECEIVED 3,607.28 IN DONATED PROFESSIONAL SERVICES, OTHER VOLUNTEER SERVICES, DONATED ADVERTISING SPACE, AND PUBLICATION SERVICES.Expenses $12,366
- PROGRAM SERVICES
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | Not on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 66-0426787
- 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
- 1990
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,508,611
- Income (IRS master file)
- $12,118,232
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2024 | $9,104,605 | $4,663,865 | $8,508,611 | XML |
| 990 | May 2023 | $4,732,021 | $4,321,414 | $4,045,578 | XML |
| 990 | May 2022 | $3,967,640 | $3,687,905 | $4,341,049 | IRS |
| 990 | May 2021 | – | – | – | 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 66-0426787).
Questions about CORPORACION LA FONDITA DE JESUS
- What is the EIN of CORPORACION LA FONDITA DE JESUS?
- The employer identification number (EIN) of CORPORACION LA FONDITA DE JESUS is 66-0426787.
- Is CORPORACION LA FONDITA DE JESUS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to CORPORACION LA FONDITA DE JESUS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORPORACION LA FONDITA DE JESUS 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 CORPORACION LA FONDITA DE JESUS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORPORACION LA FONDITA DE JESUS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2024.
- Who is the principal officer of CORPORACION LA FONDITA DE JESUS?
- The 990 for the year ended May 31, 2024 names SAMUEL CESPEDES.
- Who are the officers and directors of CORPORACION LA FONDITA DE JESUS?
- The 990 for the year ended May 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $77,781 (JOSUE MAYSONET COLON, EXECUTIVE DI).
- How much revenue does CORPORACION LA FONDITA DE JESUS have?
- On its 990 for the year ended May 31, 2024 it reported revenue of $9,104,605, expenses of $4,663,865 and total assets of $8,508,611 at year end.
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