INSTITUTO PARA EL DESARROLLO SOCIO… - Form 990 Financial Data

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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

2006

Legal Domicile

Principal Officer

JUAN E SABATHIE

Phone

7878327654

Tax Period

2024-01-01 to 2024-12-31

INSTITUTO PARA EL DESARROLLO SOCIO ECONOMICO Y DE VIVIENDA DE PR INC, founded in 2006, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 10% surplus.

Mission

DEVELOPMENT ACTIVITIES, PROJECTS OF HOUSING AND SOCIOECONOMIC DEVELOPMENT TO ASSIST LOW AND MODERATE INCOME COMUNITIES IN PUERTO RICO.

Program Service Accomplishments

Program 1

Expenses: $445,093 Revenue: $537,831

DEVELOPMENT, CONSTRUCTION AND REHABILITATION OF SOCIAL HOUSING

Program 2

Expenses: $456,930 Revenue: $287,847

RENTAL OF SOCIAL HOUSING

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $592,389

Program Service Revenue $756,590

Investment Income $352

Other Revenue $0

TOTAL REVENUE $1,349,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $533,731

Fundraising Expenses $0

Program Expenses $902,023

Other Expenses $676,801

TOTAL EXPENSES $1,210,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,349,331	$1,092,166	+0.2%
Expenses	$1,210,532	$1,634,492	-0.3%
Net Income	$138,799	$-542,326	-1.3%

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

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

$115,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUAN E SABATHIE	EXECUTIVE DIRECTOR	40.00	Key Emp	$115,000	$0	$115,000
GERMAN A ARCELAY	PRESIDENT	0	Director	$0	$0	$0
ALEJANDRO M GUZMAN	VICEPRESIDENT	0	Director	$0	$0	$0
ARLEEN I GAZTAMBIDE	SECRETARY	0	Director	$0	$0	$0
GERMAN J ARCELAY	TREASURER	0	Director	$0	$0	$0
FELIX E LOPEZ	VOCAL	0	Director	$0	$0	$0
MARISOL BENITEZ	VOCAL	0	Director	$0	$0	$0

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	$1,349,331	$1,210,532	$8,811,625	$138,799
2023	$1,092,166	$1,634,492	$8,744,053	$-542,326
2022	$548,372	$1,156,907	$9,454,336	$-608,535
2021	$916,906	$1,010,489	$8,600,086	$-93,583
2020	$1,240,523	$1,142,363	$8,944,275	$98,160

INSTITUTO PARA EL DESARROLLO SOCIO ECONOMICO Y DE VIVIENDA DE PR INC