NEOMED CENTER INC NEOMED CENTER INC

EIN: 660485440 501(c)(3)

Gurabo, PR

Total Revenue
$79,819,485
Total Expenses
$75,327,446
Total Assets
$59,781,103
Net Assets
$44,854,079
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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
1998
Legal Domicile
PR
Principal Officer
MIGUEL GONZALEZ GONZALEZ
Phone
7877372311
Tax Period
2022-07-01 to 2023-06-30

NEOMED CENTER INC NEOMED CENTER INC, founded in 1998, is a mid-sized nonprofit that reported $79.8M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $75.3M left a modest 6% surplus.

Mission

TO PROVIDE PUBLIC HEALTH CARE SERVICES PRIMARY AMBULATORY SUPPLEMENTAL ENVIRONMENTAL HEALTH SERVICES

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,613,375
Program Service Revenue $63,336,934
Investment Income $70,355
Other Revenue $798,821
TOTAL REVENUE $79,819,485

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,887,523
Fundraising Expenses $0
Program Expenses $62,868,574
Other Expenses $52,439,923
TOTAL EXPENSES $75,327,446

Year-over-Year Comparison

2022 2021 Change
Revenue $79,819,485 $69,948,840 +0.1%
Expenses $75,327,446 $65,195,165 +0.2%
Net Income $4,492,039 $4,753,675 -0.1%
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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Governance

Voting Members
11
Independent Members
11
Employees
369
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
3
$643,986
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAISY PEREZ MONTANEZ PRESIDENT 3.000
Director
$0 $0 $0
DELIRIS MONTANEZ CACERES TREASURER 3.000
Director
$0 $0 $0
JOSE R RIVERA AYALA SECRETARY 3.000
Director
$0 $0 $0
JOSE VAZQUEZ GALARZA SUB TREASURER 3.000
Director
$0 $0 $0
MYRNA GONZALEZ GOMEZ DIRECTOR 3.000
Director
$0 $0 $0
NATIVIDAD FLORES VELAZQUEZ VICE PRESIDENT 3.000
Director
$0 $0 $0
SHAKIRA ALEMAN ASENCIO DIRECTOR 3.000
Director
$0 $0 $0
XIOMARA SANTIAGO CARRASQUILLO SUB SECRETARY 3.000
Director
$0 $0 $0
ELIZABETH ANDUJAR VALENTIN DIRECTOR 3.000
Director
$0 $0 $0
LILLIAM MELENDEZ RODRIGUEZ DIRECTOR 3.000
Director
$0 $0 $0
ROSA CASTRO AVILA CHIEF 40.00
Officer
$315,669 $0 $315,669
CARLOS ACEVEDO VILA GENERAL PHYSICIAN 40.00
Highest
$283,471 $0 $283,471
JONATHAN MELENDEZ AVILES CHIEF OPERATIONAL OFFI 40.00
Officer
$172,637 $0 $172,637
MIGUEL GONZALEZ GONZALEZ CHIEF FINANCIAL OFFICE 40.00
Officer
$155,680 $0 $155,680
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
2024 No data No data No data No data
2023 $79,819,485 $75,327,446 $59,781,103 $4,492,039
2022 $69,948,840 $65,195,165 $52,594,342 $4,753,675
2021 $60,486,712 $57,024,112 $65,808,264 $3,462,600
2021 $60,447,109 $56,898,893 $65,939,632 $3,548,216
2020 $46,494,897 $45,595,079 $60,006,920 $899,818
2019 $43,344,742 $40,257,828 $45,664,398 $3,086,914
2018 $42,155,136 $38,764,452 $44,938,566 $3,390,684
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