Prymed Medical Care Inc

EIN: 660428120 501(c)(3) Health Care

Ciales, PR

Total Revenue
$34,538,019
Total Expenses
$31,035,829
Total Assets
$38,264,025
Net Assets
$34,997,387
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
PR
Principal Officer
GLADYS RIVERA ESTELA
Phone
7878710601
Tax Period
2024-02-01 to 2025-01-31

Prymed Medical Care Inc, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $34.5M in total revenue in fiscal year 2024. Expenses of $31.0M left a modest 10% surplus.

Mission

OUR MISSION IS TO GUIDE THE POPULATION OF NEARBY MUNICIPALITY TO THE HIGHEST STANDARD OF HEALTH AND WELLNESS THROUGH HOLISTIC CARE.

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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 $3,075,935
Program Service Revenue $31,228,075
Investment Income $234,009
Other Revenue $0
TOTAL REVENUE $34,538,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,624,395
Fundraising Expenses $0
Program Expenses $23,109,685
Other Expenses $22,411,434
TOTAL EXPENSES $31,035,829

Year-over-Year Comparison

2024 2023 Change
Revenue $34,538,019 $33,859,514 +0.0%
Expenses $31,035,829 $29,072,335 +0.1%
Net Income $3,502,190 $4,787,179 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
221
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
10
$0
Key Employees
2
$163,586
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLADYS RIVERA EXECITVE DIRECTOR 37.50
Key Emp
$125,186 $7,200 $132,386
ERIC ALICEA MEDICAL DIRECTOR 20.00
Key Emp
$31,200 $0 $31,200
NILDA GONZALEZ ROSARIO BOARD PRESIDENT 2.00
Director
$0 $0 $0
VICTOR VEGA RIVERA BOARD VP 2.00
Director
$0 $0 $0
CARMEN RODRIGUEZ RIVERA TREASURER 2.00
Director
$0 $0 $0
MILAGROS FIGUEROA ALVAREZ SECRETARY 2.00
Director
$0 $0 $0
TRINIDAD PAGAN CALDERON VOCAL 2.00
Director
$0 $0 $0
ERICK M MERCADO DEL RIO MOREDATOR 2.00
Director
$0 $0 $0
EDWIN CURET SANTOS VOCAL 2.00
Director
$0 $0 $0
HECTOR LOPEZ CORTES VOCAL 2.00
Director
$0 $0 $0
MARIBEL OTERO CARTAGENA SUB-SECRETARY 2.00
Director
$0 $0 $0
JOSE L OTERO OTERO VOCAL 2.00
Director
$0 $0 $0
ERIC ALICEA MARTINEZ INTERNISTA 20.00
Highest
$164,689 $7,200 $171,889
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 $34,538,019 $31,035,829 $38,264,025 $3,502,190
2024 $33,859,514 $29,072,335 $34,845,400 $4,787,179
2023 $30,109,334 $26,855,997 $32,090,839 $3,253,337
2022 $26,524,539 $22,394,028 $28,191,728 $4,130,511
2021 $20,289,060 $18,201,883 $22,238,894 $2,087,177
2019 $12,930,178 $11,017,717 $17,208,490 $1,912,461
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