Form 990 for tax year 2023
Filed by APOYO LEGAL AL EMPRENDIMIENTO COMUNITARIO INC.
Totals
- Total revenue
- $106,009
- Total expenses
- $104,258
- Contributions and grants received
- $105,899
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $110
- Total assets, end of year
- $344,205
- Total liabilities, end of year
- $339,272
- Net assets or fund balances, end of year
- $4,933
- Program services expenses (Part IX)
- $97,938
- Management and general expenses
- $4,715
- Fundraising expenses
- $1,605
- Program service expenses (Part III)
- $97,938
Program services were 93.9% 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)
$0
-
1f · All other contributions, gifts and grants
$105,899
-
1g · Noncash contributions included above
$0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: interest income
total $110 · related or exempt $110 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$110
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $32,000 · program services $27,200 · management and general $3,200 · fundraising $1,600
-
11c · Fees: accounting
total $1,500 · management and general $1,500
-
11g · Fees: other
total $69,901 · program services $69,901
-
13 · Office expenses
total $79 · program services $59 · management and general $15 · fundraising $5
-
24a · Other expenses: MISCELLAENOUS
total $778 · program services $778 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0
-
2 · Savings and temporary cash investments
beginning of year $2,490,019 · end of year $344,205
-
17 · Accounts payable and accrued expenses
beginning of year $2,486,837 · end of year $339,272
-
27 · Net assets without donor restrictions
beginning of year $3,182 · end of year $4,933
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
Professional organization that seeks to represent and advance the legal aspects of community-based and faith-based social enterprises committed to promoting the social economic development of Puerto Rico.
Activities or mission (Part I)
As a professional legal services organization, ALECI supports and strengthens community economic and social development with the purpose of promoting social change that achieves a sustainable, prosperous, democratic and supportive Puerto Rico.
-
This year, ALECI provided educational workshops and direct legal services to OSFL and Social Enterprises such as Comedores Sociales de Puerto Rico, BoriDoulas Inc, EcoRecursos Comunitarios Inc, Propiedad de Trabajadoras Costura Sin Límites, Instituto Socio-Económico Comunitario Inc, Crear con Salud, among others. Additionally, as a fiscal sponsor, it offered its services not only by facilitating access to donations but also by supporting beneficiaries in compliance and accountability processes with donors. This included organizations such as Iniciativa de Ecodesarrollo de Bahía Jobos (IDEBAJO) in Salinas, Finca Alvolante Inc in Las Marías, and the Instituto para la Investigación y Acción en Agroecología (IALA-PR) in San Juan. We also assisted in reviewing deeds and provided advice on purchase and sale processes, among other services, as part of the Acceso a Tierras campaign led by IALA-PR.
Expenses $97,938
As filed on the 2023 return.
Listed in Part VII
-
Ricardo DiazRICARDO DIAZ
DIRECTOR
- Total calculated
- $32,000
- From this org
- $32,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Jose BaldaguezJOSE BALDAGUEZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Maneli RodriguezMANELI RODRIGUEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Israel SantiagoISRAEL SANTIAGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carlos FigueroaCARLOS FIGUEROA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vanessa AlviraVANESSA ALVIRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433209349310878
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