Instituto Socio Economico Comunitario Inc

Edif Funseco

San Juan, PR
Tax-exempt since Feb. 1988
EIN: 66-0425840

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$10.4M (2023)

Expenses

$10.4M (2023)

Total Assets

$8.57M (2023)

Total Liabilities

$8.25M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Sept.
2023

Revenue

$10,401,060

Expenses

$10,442,618

Net Income

-$41,558

Net Assets

$325,388

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,400,502	100.0%
Program Services	$0
Investment Income	$558	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$102,530	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,802,235	17.3%

Assets/Debt
Total Assets	$8,573,141
Total Liabilities	$8,247,753
Net Assets	$325,388

Compensation

Key Employees and Officers	Compensation	Related	Other
Jose M Baez Escribano (Executive Director ( Present March 2023))	$37,046	$0	$0
Laysha M Seguinot Mendez (Executive Director (Ending January 2023))	$23,884	$0	$0
Harry O Vega Diaz (President)	$0	$0	$6,075
Nelson E Galarza Vega (Vice President)	$0	$0	$5,500
Suleira M Quinones Fontanez (Treasury)	$0	$0	$5,350
Jose Rodriguez Otero (Vocal)	$0	$0	$4,550
Ruth N Laboy Ares (Secretary)	$0	$0	$4,150
Diana Santiago Olivares (Vocal)	$0	$0	$3,650
Irma E Castro Dieppa (Sub Treasury)	$0	$0	$3,575
Luis A Otero Diaz (Vocal)	$0	$0	$2,850
Efrain Colon Cabeza (Vocal)	$0	$0	$2,325
Jose A Marcano Figueroa (Vocal)	$0	$0	$2,325
Alexis Correa Allende (Vocal)	$0	$0	$1,250
Angel B Gonzalez Damudt (Sub Treasury)	$0	$0	$0
Gabriel Hernandez (Vocal)	$0	$0	$0
William Alicea Perez (Vocal)	$0	$0	$0
Alfredo Alejandro Carrion (Vocal)	$0	$0	$0
Pedro J Garcia Figueroa (Vocal)	$0	$0	$0
Annette Ramos Velazquez (Vocal)	$0	$0	$0

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990

Filed on July 1, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2022

Revenue

$23,369,542

Expenses

$23,320,710

Net Income

$48,832

Net Assets

$366,944

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,369,389	100.0%
Program Services	$0
Investment Income	$153	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$162,438	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,822,461	7.8%

Assets/Debt
Total Assets	$6,047,369
Total Liabilities	$5,680,425
Net Assets	$366,944

Compensation

Key Employees and Officers	Compensation	Related	Other
Laysha M Seguinot Mendez (Executive Director)	$112,188	$0	$0
Harry Vega Diaz (President)	$0	$0	$8,550
Suleira Quinones Fontanez (Treasury)	$0	$0	$7,500
Nelson E Galarza Vega (Vice President)	$0	$0	$6,000
Ruth Laboy Ares (Secretary)	$0	$0	$5,250
Diana Santiago Olivares (Vocal)	$0	$0	$4,650
Luis Otero Diaz (Vocal)	$0	$0	$3,750
Jose Rodriguez Otero (Vocal)	$0	$0	$3,600
Irma E Castro Dieppa (Sub Secretary)	$0	$0	$3,300
Efrain Colon Cabeza (Vocal)	$0	$0	$3,300
Alexis Correa Allende (Vocal)	$0	$0	$2,250
Jose A Marcano Figueroa (Vocal)	$0	$0	$2,100

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990

Filed on March 29, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2021

Revenue

$11,580,796

Expenses

$12,024,752

Net Income

-$443,956

Net Assets

$318,114

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$11,580,760	100.0%
Program Services	$0
Investment Income	$36	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$115,512	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,176,148	9.8%

Assets/Debt
Total Assets	$21,843,222
Total Liabilities	$21,525,108
Net Assets	$318,114

Compensation

Key Employees and Officers	Compensation	Related	Other
Arleen Padua Irizarry (Executive Director (Ending April 2021))	$46,154	$0	$0
Laysha M Seguinot Mendez (Executive Director (Present May 2021))	$35,308	$0	$0
Harry Vega Diaz (President)	$0	$0	$6,900
Suleira Quinones Fontanez (Treasury)	$0	$0	$6,900
Nelson E Galarza Vega (Vice President)	$0	$0	$4,500
Ruth Laboy Ares (Secretary)	$0	$0	$4,350
Jose A Marcano Figueroa (Vocal)	$0	$0	$4,350
Luis Otero Diaz (Vocal)	$0	$0	$2,850
Efrain Colon Cabeza (Vocal)	$0	$0	$2,250
Jose Rodriguez Otero (Vocal)	$0	$0	$1,950
Gabriel Hernandez Roman (Vocal)	$0	$0	$0
Jorge L Gonzalez Otero (Vocal)	$0	$0	$0
Jose A Corcino (Vocal)	$0	$0	$0
Angel B Gonzalez (Vocal)	$0	$0	$0

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990

Filed on Aug. 4, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2020

Revenue

$9,560,268

Expenses

$9,584,592

Net Income

-$24,324

Net Assets

$762,070

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,560,245	100.0%
Program Services	$0
Investment Income	$23	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$101,503	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,363,335	14.2%

Assets/Debt
Total Assets	$9,323,950
Total Liabilities	$8,561,880
Net Assets	$762,070

Compensation

Key Employees and Officers	Compensation	Related	Other
Jacquelina Rodriguez (Executive Director (Ending Date June 2020))	$62,753	$0	$0
Arleen Padua (Executive Director Present June 2020)	$24,950	$0	$0
Jose Marcano (President)	$0	$0	$3,150
Harry Vega (Vice President)	$0	$0	$2,850
Nelson Galarza (Vocal)	$0	$0	$2,550
Suleira Quinones (Secretary)	$0	$0	$1,500
Efrain Colon (Vocal)	$0	$0	$1,350
Damaris Baez (Secretary (Ending Date June 2020))	$0	$0	$1,200
Antonio Rosado (Vocal (Ending Date December 2019))	$0	$0	$600
Ramonita Laureano (Vocal (Ending Date February 2020))	$0	$0	$450
Ruth Laboy (Vocal)	$0	$0	$150
Gabriel Hernandez (Treasury)	$0	$0	$0
Jorge Gonzalez (Vocal)	$0	$0	$0
Rosachely Rivera (Vocal (Ending Date June 2020))	$0	$0	$0
Carlos Lopez (Vocal)	$0	$0	$0
Edwin Garcia (Treasury (Ending Date June 2020))	$0	$0	$0

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990

Filed on Sept. 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2019

Revenue

$9,518,140

Expenses

$9,572,038

Net Income

-$53,898

Net Assets

$791,435

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,518,109	100.0%
Program Services	$0
Investment Income	$31	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$97,800	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,365,157	14.3%

Assets/Debt
Total Assets	$6,577,620
Total Liabilities	$5,786,185
Net Assets	$791,435

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2018

Revenue

$11,169,174

Expenses

$11,062,140

Net Income

$107,034

Net Assets

$845,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$11,169,163	100.0%
Program Services	$0
Investment Income	$11	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$94,342	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,266,825	11.5%

Assets/Debt
Total Assets	$7,134,794
Total Liabilities	$6,289,461
Net Assets	$845,333

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2017

Revenue

$10,064,417

Expenses

$10,340,642

Net Income

-$276,225

Net Assets

$728,538

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,064,417	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$89,350	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,206,211	11.7%

Assets/Debt
Total Assets	$7,933,996
Total Liabilities	$7,205,458
Net Assets	$728,538

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2016

Revenue

$10,645,690

Expenses

$11,037,293

Net Income

-$391,603

Net Assets

$1,004,838

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,645,690	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$100,184	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,396,697	12.7%

Assets/Debt
Total Assets	$4,677,159
Total Liabilities	$3,672,321
Net Assets	$1,004,838

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2015

Revenue

$9,194,989

Expenses

$9,591,719

Net Income

-$396,730

Net Assets

$1,340,892

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,194,989	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$99,400	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,582,246	16.5%

Assets/Debt
Total Assets	$6,468,701
Total Liabilities	$5,127,809
Net Assets	$1,340,892

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Revenue

$9,547,180

Expenses

$9,896,650

Net Income

-$349,470

Net Assets

$1,771,158

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,547,180	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$92,950	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,644,347	16.6%

Assets/Debt
Total Assets	$4,581,764
Total Liabilities	$2,810,606
Net Assets	$1,771,158

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$8,655,744

Expenses

$9,032,465

Net Income

-$376,721

Net Assets

$2,082,474

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,655,744	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,311	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,585,252	17.6%

Assets/Debt
Total Assets	$5,762,370
Total Liabilities	$3,679,896
Net Assets	$2,082,474

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$9,579,926

Expenses

$9,965,084

Net Income

-$385,158

Net Assets

$2,537,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,579,926	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$77,334	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,761,637	17.7%

Assets/Debt
Total Assets	$5,751,119
Total Liabilities	$3,213,525
Net Assets	$2,537,594

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$9,539,666

Expenses

$9,984,004

Net Income

-$444,338

Net Assets

$3,017,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,539,666	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$81,550	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,219,395	22.2%

Assets/Debt
Total Assets	$6,532,650
Total Liabilities	$3,515,485
Net Assets	$3,017,165

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Updated December 2, 2024

Instituto Socio Economico Comunitario Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $10.4M (2023)

Expenses $10.4M (2023)

Total Assets $8.57M (2023)

Total Liabilities $8.25M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Audits

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Audits

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

Audits

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Audits

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$10.4M (2023)

Expenses

$10.4M (2023)

Total Assets

$8.57M (2023)

Total Liabilities

$8.25M (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Sept.
2001