Form 990 for tax year 2025
Filed by PR MINORITY SUPPLIER DEVELOPMENT CO.
Totals
- Total revenue
- $837,111
- Total expenses
- $777,887
- Contributions and grants received
- $270,294
- Grants paid
- $0
- Program service revenue
- $494,650
- Investment income
- $70,041
- Other revenue
- $2,126
- Total assets, end of year
- $2,419,358
- Total liabilities, end of year
- $167,103
- Net assets or fund balances, end of year
- $2,252,255
- Program services expenses (Part IX)
- $339,458
- Management and general expenses
- $438,429
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $339,458
Program services were 43.6% 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.
-
1b · Membership dues
$24,750
-
1f · All other contributions, gifts and grants
$245,544
-
2a · Program service revenue: CERTIFICATION FEE
total $304,825 · related or exempt $304,825
-
2b · Program service revenue: SPECIAL EVENTS
total $158,725 · related or exempt $158,725
-
2c · Program service revenue: CORPORATE SPONSORSHIP
total $31,100 · related or exempt $31,100
-
3 · Investment income
total $70,041 · related or exempt $70,041
-
11a · Other revenue: MISCELANEOUS
total $2,126 · related or exempt $2,126
-
11e · Other revenue, total
$2,126
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $119,472 · program services $8,363 · management and general $111,109
-
7 · Other salaries and wages
total $166,681 · program services $94,542 · management and general $72,139
-
8 · Pension plan contributions
total $11,717 · program services $5,769 · management and general $5,948
-
9 · Other employee benefits
total $39,434 · program services $14,399 · management and general $25,035
-
10 · Payroll taxes
total $23,417 · program services $8,281 · management and general $15,136
-
11g · Fees: other
total $82,809 · program services $42,924 · management and general $39,885
-
13 · Office expenses
total $1,816 · management and general $1,816
-
14 · Information technology
total $7,405 · management and general $7,405
-
16 · Occupancy
total $66,650 · program services $39,990 · management and general $26,660
-
17 · Travel
total $123 · management and general $123
-
19 · Conferences, conventions and meetings
total $11,569 · program services $11,569
-
22 · Depreciation, depletion and amortization
total $18,307 · management and general $18,307
-
23 · Insurance
total $7,388 · management and general $7,388
-
24a · Other expenses: MEETING AND EXHIBITORS HALL EXPENSES
total $37,718 · program services $16,369 · management and general $21,349
-
24b · Other expenses: VENUE EXPENSE
total $51,421 · program services $51,421
-
24c · Other expenses: SOFTWARE EXPENSES
total $33,337 · management and general $33,337
-
24d · Other expenses: SCHOLARSHIP
total $16,000 · program services $16,000
-
24e · All other expenses
total $82,623 · program services $29,831 · management and general $52,792
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $921,123 · end of year $913,693
-
3 · Pledges and grants receivable
beginning of year $106,148 · end of year $116,283
-
10a · Land, buildings and equipment: cost or other basis
$235,204
-
10b · Land, buildings and equipment: accumulated depreciation
$192,381
-
10c · Land, buildings and equipment, net
beginning of year $33,589 · end of year $42,823
-
13 · Investments: program-related
beginning of year $1,130,367 · end of year $1,130,367
-
15 · Other assets
beginning of year $198,770 · end of year $216,192
-
17 · Accounts payable and accrued expenses
beginning of year $39,640 · end of year $43,955
-
19 · Deferred revenue
beginning of year $19,025 · end of year $18,000
-
25 · Other liabilities
beginning of year $138,301 · end of year $105,148
-
27 · Net assets without donor restrictions
beginning of year $2,193,031 · end of year $2,252,255
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2025
Mission
Target to increase the amount of business opportunities provided by our members to certified Minority Business Enterprise.
Activities or mission (Part I)
TO TARGET TO INCREASE THE AMOUNT OF BUSINESS OPPORTUNITIES PROVIDED BY OUR MEMBERS TO THE BONAFIDE MBE (MINORITY BUSINESS ENTERPRISE) CERTIFIED.
-
INCLUDES CERTIFICATION DEVELOPMENT AND CORPORATE REFERRALS FOR BUSINESS
Expenses $216,036 · Revenue $304,825
-
EVENTS 1)BUSINESS OPPORTUNITIES-ANNUAL CONFERENCE TO PROVIDE OPPORTUNITIES AND EDUCATION TO CORPORATE MEMBERS AND CERTIFIED SUPPLIERS 2)RECOGNITION AND OTHER EVENTS-ACTIVITIES TO CONNECT SUPPLIERS AND CORPORATE MEMBERS
Expenses $106,484 · Revenue $158,725
-
SCHOLARSHIP PROGRAM-HELP EASE THE FINANCIAL BURDEN ON STUDENT S FAMILIES, EMPOWERING STUDENTS TO ACHIEVE THEIR EDUCATIONAL GOALS AND BUILD A SECURE FUTURE. TARGET ON STUDENTS WITH FINANCIAL NEEDS WHO DEMOSTRATE LEADERSHIP, POTENCIAL TO CONTRIBUTE TO THEIR SCHOOLS, LOCAL COMMUNITIES AND THEIR FUTURE WORKPLACE.
Expenses $16,938 · Revenue $16,125
As filed on the 2025 return.
Listed in Part VII
-
FRANCISCO CABRERA GALINDO
PRESIDENT
- Total calculated
- $119,472
- From this org
- $119,472
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
LIZA CORA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
JOSE QUINONES QUINTANA
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
JESSICA COLON TIRU
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
MELVIN RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARIO GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
FLAVIA TEJADA VEGA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ALICIA PEREZ MUNOZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
JOSE A RAMIREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LISSETTE VILLAVICENCIO NEVARES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
YOLANDA I VAZQUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JOSE RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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.
Schedule J
Answered yes
None.
Answered no
- 1b · Written policy on the line-1a expenses
- 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
- 2025
- Filed
- 10 September 2026
- IRS schema version
- 2025v4.0
- Source object
- 202612539349301336
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