Invest Puerto Rico Inc

Organization summary

Type of Nonprofit

Designated as a 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.

Category: Community Improvement, Capacity Building / Economic Development (NTEE)

Donations to this organization are tax deductible.

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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All 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 June
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,411,985
Expenses
$20,060,270
Net Income
$351,715
Net Assets
$4,649,292
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,178,241
98.9%
Program Services $0
Investment Income $233,744
1.1%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,486,295
12.4%
Assets/Debt
Total Assets $9,537,047
Total Liabilities $4,887,755
Net Assets $4,649,292
Compensation
Key Employees and Officers Compensation Related Other
Sebastian Negron Reichard (Chairman) $0 $0 $0
Rosachely Rivera Santana (Member) $0 $0 $0
James R Collins (Treasurer) $0 $0 $0
Kathryn Wylde (Member) $0 $0 $0
Joy Maldonado (Member) $0 $0 $0
Brenda Marrero (Secretary) $0 $0 $0
Christian Gonzalez (Vice Chairma) $0 $0 $0
Alberto Toro (Member) $0 $0 $0
Luis Ramos (Member) $0 $0 $0
Federico Sanchez (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,293,804
Expenses
$13,647,576
Net Income
$646,228
Net Assets
$4,297,577
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,130,244
98.9%
Program Services $0
Investment Income $163,560
1.1%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,086,494
15.3%
Assets/Debt
Total Assets $9,922,679
Total Liabilities $5,625,102
Net Assets $4,297,577
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Manuel Cidre (Chairman) $0 $0 $0
James R Collins (Treasurer) $0 $0 $0
Christian Gonzalez (Vice Chairma) $0 $0 $0
Brenda Marrero (Secretary) $0 $0 $0
Omar Marrero (Member) $0 $0 $0
Humberto Mercader (Member) $0 $0 $0
Federico Sanchez (Member) $0 $0 $0
Jennifer Storipan (Member) $0 $0 $0
Alberto Toro (Member) $0 $0 $0
Kathryn Wylde (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,077,537
Expenses
$8,315,551
Net Income
-$238,014
Net Assets
$3,651,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,062,964
99.8%
Program Services $0
Investment Income $14,573
0.2%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,882,045
22.6%
Assets/Debt
Total Assets $12,023,264
Total Liabilities $8,371,915
Net Assets $3,651,349
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Manuel Cidre (Chairman) $0 $0 $0
James R Collins (Treasurer) $0 $0 $0
Christian Gonzalez (Vice Chairma) $0 $0 $0
Brenda Marrero (Secretary) $0 $0 $0
Omar Marrero (Member) $0 $0 $0
Humberto Mercader (Member) $0 $0 $0
Federico Sanchez (Member) $0 $0 $0
Jennifer Storipan (Member) $0 $0 $0
Alberto Toro (Member) $0 $0 $0
Kathryn Wylde (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,374,498
Expenses
$13,676,119
Net Income
$2,698,379
Net Assets
$7,931,907
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,363,228
99.9%
Program Services $0
Investment Income $9,160
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,110
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,292,417
16.8%
Assets/Debt
Total Assets $9,043,861
Total Liabilities $1,111,954
Net Assets $7,931,907
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Manuel Cidre (Chairman) $0 $0 $0
James R Collins (Treasurer) $0 $0 $0
Christian Gonzalez (Member) $0 $0 $0
Brenda Marrero (Secretary) $0 $0 $0
Omar Marrero (Member) $0 $0 $0
Humberto Mercader (Member) $0 $0 $0
Lisa M Nadal (Member) $0 $0 $0
Jennifer Storipan (Member) $0 $0 $0
Alberto Toro (Member) $0 $0 $0
Kathryn Wylde (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,251,268
Expenses
$4,228,945
Net Income
$1,022,323
Net Assets
$5,233,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,179,088
98.6%
Program Services $0
Investment Income $7,180
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $65,000
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,063,563
48.8%
Assets/Debt
Total Assets $6,065,059
Total Liabilities $831,531
Net Assets $5,233,528
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Manuel Cidre (Chairman) $0 $0 $0
James R Collins (Treasurer) $0 $0 $0
Christian Gonzalez (Member) $0 $0 $0
Brenda Marrero (Member) $0 $0 $0
Omar Marrero (Member) $0 $0 $0
Lisa M Nadal (Vice Chairma) $0 $0 $0
Adriana Ramirez (Secretary) $0 $0 $0
Jennifer Storipan (Member) $0 $0 $0
Kathryn Wylde (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

Fiscal Year Ending June
2019

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

Fiscal Year Ending June
2018

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

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

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers 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.
  • 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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