VILLA DEL ASOCIADO JENARO CORTES INC

EIN: 660395939 501(c)(3)

SAN JUAN, PR

Total Revenue
$798,532
Total Expenses
$686,607
Total Assets
$1,140,063
Net Assets
$1,075,700
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
PR
Principal Officer
Carmen M Agosto Serrano
Phone
7877510871
Tax Period
2024-07-01 to 2025-06-30

VILLA DEL ASOCIADO JENARO CORTES INC, founded in 1981, is a small nonprofit that reported $799K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $687K left a modest 14% surplus.

Mission

Provide housing units to the elderly. Subsidized by the Federal Housing Administration.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $794,687
Investment Income $0
Other Revenue $3,845
TOTAL REVENUE $798,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,169
Fundraising Expenses $0
Program Expenses $0
Other Expenses $531,438
TOTAL EXPENSES $686,607

Year-over-Year Comparison

2024 2023 Change
Revenue $798,532 $983,360 -0.2%
Expenses $686,607 $755,927 -0.1%
Net Income $111,925 $227,433 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
5
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
1
$35,237
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARANGELY DELGADO ADMINISTRATOR 40.00
Key Emp
$35,237 $0 $35,237
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $798,532 $686,607 $1,140,063 $111,925
2024 $983,360 $755,927 $1,135,293 $227,433
2023 $805,674 $572,188 $968,014 $233,486
2022 $746,738 $717,597 $958,835 $29,141
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