MAXCEN HOUSING SOCIETY PUERTO RICO BRANCH INC

EIN: 660881277 501(c)(3) Housing & Shelter

Fajardo, PR

Total Revenue
$99,489
Total Expenses
$98,092
Total Assets
$99,489
Net Assets
$1,397
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
PR
Principal Officer
Jean Maxcene Decarde
Phone
8889594159
Tax Period
2025-01-01 to 2025-12-31

MAXCEN HOUSING SOCIETY PUERTO RICO BRANCH INC, founded in 2017, is a micro nonprofit in the Housing & Shelter sector that reported $99K in total revenue in fiscal year 2025.

Mission

Maxcen Housing Society Inc., Puerto Rico Branch working in Housing assistance to receive and administer funds exclusively for educational and charitable purposes without pecuniary profit, either direct or indirect, to its members. MHS offers free online and formal tutoring on housing development and education services and works to create affordable rental and homeownership opportunities and provides programming related to youth, adult financial literacy and people with disabilities, home buyer education and counselling, and entrepreneurship and job training for low income families. Maxcen Housing Society Inc., Puerto Rico Branch focuses on helping low income families/individuals qualify for and obtain affordable mortgage, build assets and repair substandard homes By promoting and undertaking the development and maintenance of affordable housing for the benefit of persons of low income and people with disabilities.

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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 (2025)

Revenue Breakdown

Contributions & Grants $99,489
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $99,489

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,824
Fundraising Expenses $0
Program Expenses $98,092
Other Expenses $38,268
TOTAL EXPENSES $98,092

Year-over-Year Comparison

2025 2024 Change
Revenue $99,489 $97,051 +0.0%
Expenses $98,092 $95,209 +0.0%
Net Income $1,397 $1,842 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
N/A
Employees
N/A
Volunteers
23

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
1
$5,188
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jean-Maxcene Decarde CEO 20
Director
$5,188 $0 $5,188
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 $99,489 $98,092 $99,489 $1,397
2024 $97,051 $95,209 $97,051 $1,842
2023 $97,474 $91,287 $97,474 $6,187
2022 $91,768 $79,080 $91,768 $12,688
2021 $179,575 $171,984 $179,575 $7,591
2020 $98,716 $52,331 $98,716 $46,385
2019 $64,657 $63,890 $64,657 $767
2018 $61,336 $54,593 $61,336 $6,743
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