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Nonprofiteer
← COSSMA INC

Form 990 for tax year 2024

Filed by COSSMA INC.

Totals

Total revenue
$89,975,529
Total expenses
$77,800,616
Contributions and grants received
$9,733,774
Grants paid
$0
Program service revenue
$76,234,836
Investment income
$3,835,957
Other revenue
$170,962
Total assets, end of year
$199,078,403
Total liabilities, end of year
$28,912,238
Net assets or fund balances, end of year
$170,166,165
Program services expenses (Part IX)
$63,760,434
Management and general expenses
$14,040,182
Fundraising expenses
$0
Program service expenses (Part III)
$63,760,434

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $8,337,045

  • 1f · All other contributions, gifts and grants

    $1,396,729

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: CAPITATION

    total $36,956,015 · related or exempt $36,956,015 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: PATIENT SERVICES FEES

    total $7,217,834 · related or exempt $7,217,834 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: LAWSUIT PR HEALTH DEPARTMENT

    total $7,481,403 · related or exempt $7,481,403 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: PHARMACY

    total $24,579,584 · related or exempt $24,579,584 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,835,957 · related or exempt $3,835,957 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $29,266 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $29,266 · personal property $0

  • 6d · Net rental income or loss

    total $29,266 · related or exempt $29,266 · unrelated business $0 · excluded $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11d · All other revenue

    total $141,696 · related or exempt $141,696 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $141,696

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $22,194,870 · program services $17,452,481 · management and general $4,742,389 · fundraising $0

  • 9 · Other employee benefits

    total $403,322 · program services $364,130 · management and general $39,192

  • 10 · Payroll taxes

    total $4,083,481 · program services $3,147,940 · management and general $935,541 · fundraising $0

  • 11g · Fees: other

    total $4,429,280 · program services $2,574,944 · management and general $1,854,336

  • 12 · Advertising and promotion

    total $10,904 · program services $2,895 · management and general $8,009

  • 13 · Office expenses

    total $277,303 · program services $178,458 · management and general $98,845

  • 14 · Information technology

    total $332,070 · program services $114,652 · management and general $217,418

  • 16 · Occupancy

    total $1,341,355 · program services $114,147 · management and general $1,227,208

  • 17 · Travel

    total $167,772 · program services $103,361 · management and general $64,411

  • 19 · Conferences, conventions and meetings

    total $210,818 · program services $9,764 · management and general $201,054

  • 20 · Interest

    total $240,749 · management and general $240,749

  • 22 · Depreciation, depletion and amortization

    total $2,083,604 · program services $342,739 · management and general $1,740,865

  • 23 · Insurance

    total $576,195 · program services $38,773 · management and general $537,422

  • 24a · Other expenses: Claims through Health Reform, Medical Supplies, Prescribed drugs and medications.

    total $38,612,493 · program services $38,608,046 · management and general $4,447 · fundraising $0

  • 24b · Other expenses: Educational and Community Activities

    total $208,885 · program services $170,251 · management and general $38,634 · fundraising $0

  • 24c · Other expenses: Building Maintenance, Equipment rental and maintenance.

    total $2,317,119 · program services $437,266 · management and general $1,879,853 · fundraising $0

  • 24d · Other expenses: Non-Capitalized Equipment

    total $247,507 · program services $99,736 · management and general $147,771 · fundraising $0

  • 24e · All other expenses

    total $62,889 · program services $851 · management and general $62,038

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $72,666,784 · end of year $63,502,765

  • 2 · Savings and temporary cash investments

    beginning of year $31,297,055 · end of year $44,254,876

  • 3 · Pledges and grants receivable

    beginning of year $389,844 · end of year $494,352

  • 4 · Accounts receivable

    beginning of year $16,075,525 · end of year $15,183,642

  • 8 · Inventories for sale or use

    beginning of year $802,257 · end of year $689,446

  • 9 · Prepaid expenses and deferred charges

    beginning of year $421,677 · end of year $496,724

  • 10a · Land, buildings and equipment: cost or other basis

    $55,576,551

  • 10b · Land, buildings and equipment: accumulated depreciation

    $17,418,033

  • 10c · Land, buildings and equipment, net

    beginning of year $38,392,243 · end of year $38,158,518

  • 15 · Other assets

    beginning of year $8,004,442 · end of year $36,298,080

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,230,261 · end of year $6,484,739

  • 19 · Deferred revenue

    beginning of year $496,673 · end of year $539,560

  • 23 · Secured mortgages and notes payable

    beginning of year $2,331,641 · end of year $21,887,939

  • 27 · Net assets without donor restrictions

    beginning of year $157,991,252 · end of year $170,166,165

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

TO PROVIDE AND PROMOTE INTEGRATED PRIMARY HEALTH CASE SERVICES WITH A COMMUNITY FOCUS THAT SUPPORTS THE PHYSICAL, MENTAL AND SOCIAL WELL BEING OF INDIVIDUALS WITH THE COMMITMENT TO IMPROVE THEIR DAILY LIVES.

Activities or mission (Part I)

TO PROVIDE PRIMARY HEALTH CARE SERVICES TO MEDICALLY UNDESERVED POPULATION, AGRICULTURAL, MIGRANT AND SEASONAL FARM WORKERS AS TO THEIR DEPENDENTS.

  • Health Services during the year. COSSMA, Inc provide Primary Health Services.

    Expenses $52,047,970

  • Pharmacy Operations

    Expenses $9,861,834

  • Education and Prevention

    Expenses $1,365,928

  • Esperanza Village Juncos

    Expenses $100,946

  • RESEARCH.

    Expenses $383,756

As filed on the 2024 return.

Listed in Part VII

  • Norma Rodriguez Torres

    PSYCHIATRIST

    Total calculated
    $197,084
    From this org
    $197,084
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,084
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $197,084
  • Juan Perez Torres

    Medical Director

    Total calculated
    $186,461
    From this org
    $186,461
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,461
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $186,461
  • Nelson De Jesus

    FAMILY DOCTOR

    Total calculated
    $173,174
    From this org
    $173,174
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,174
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $173,174
  • Erving Arroyo Flores

    Allergist

    Total calculated
    $162,550
    From this org
    $162,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,550
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $162,550
  • Daniel Cruz Galarza

    GYNECOLOGIST

    Total calculated
    $160,070
    From this org
    $160,070
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,070
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $160,070
  • Dania Berroa Emiliano

    PEDIATRICIAN

    Total calculated
    $156,442
    From this org
    $156,442
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,442
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $156,442
  • Norma Antomattei Velazquez

    EXECUTIVE DIRECTOR

    Total calculated
    $156,080
    From this org
    $156,080
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,080
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $156,080
  • Rosalie Candelario Ortiz

    QUALITY DIRECTOR

    Total calculated
    $149,862
    From this org
    $149,862
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Marienaldy Berrios Diaz

    Clinical Service Deputy Director

    Total calculated
    $142,025
    From this org
    $142,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Anarelis Almanzar Paredes

    PHARMACY DIRECTOR

    Total calculated
    $139,045
    From this org
    $139,045
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Claribel Lara

    Finance Director

    Total calculated
    $96,635
    From this org
    $96,635
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Adelma Cintron Diaz

    Presidenta

    Total calculated
    $0
    Hours/week
    5
  • Ada L Cotto Cartagena

    Secretaria

    Total calculated
    $0
    Hours/week
    5
  • Teofila Rios Ortiz

    Tesorera

    Total calculated
    $0
    Hours/week
    5
  • Eduardo Munoz Oquendo

    Representante Voluntario

    Total calculated
    $0
    Hours/week
    5
  • Maria T Fred Mercado

    Representante Voluntario

    Total calculated
    $0
    Hours/week
    5
  • Carmen Veguilla Montanez

    Representante Voluntario

    Total calculated
    $0
    Hours/week
    5
  • Olga Maldonado

    Representante Voluntario

    Total calculated
    $0
    Hours/week
    5
  • Nyvea Sepulveda

    Representante Voluntario

    Total calculated
    $0
    Hours/week
    5
  • Leonor Mercedes Guzman

    Vice Presidenta

    Total calculated
    $0
    Hours/week
    5
  • Nydia Ramos Martinez

    Representante Voluntario

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 February 2026
IRS schema version
2024v5.0
Source object
202620729349301902

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