Form 990 for tax year 2022
Filed by THE PUERTO RICAN ACTION COMMITTEE OF SALEM COUNTY A NEW JERSEY NON.
Totals
- Total revenue
- $1,186,379
- Total expenses
- $1,066,266
- Contributions and grants received
- $1,109,772
- Grants paid
- $14,140
- Program service revenue
- $0
- Investment income
- $237,046
- Other revenue
- -$160,439
- Total assets, end of year
- $455,643
- Total liabilities, end of year
- $391,900
- Net assets or fund balances, end of year
- $63,743
- Program services expenses (Part IX)
- $991,965
- Management and general expenses
- $52,749
- Fundraising expenses
- $21,552
- Program service expenses (Part III)
- $991,965
Program services were 93.0% 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
$10,000
-
1c · Fundraising events
$70,137
-
1e · Government grants (contributions)
$622,361
-
1f · All other contributions, gifts and grants
$407,274
-
6a · Gross rents
real property $16,200
-
6b · Less rental expenses
real property $11,233
-
6c · Rental income or loss
real property $4,967
-
6d · Net rental income or loss
total $4,967 · related or exempt $4,967
-
7a · Gross sales of assets other than inventory
other assets $263,450
-
7b · Less cost or other basis and sales expenses
other assets $26,404
-
7c · Gain or loss
other assets $237,046
-
7d · Net gain or loss
total $237,046 · related or exempt $0 · unrelated business $0 · excluded $237,046
-
8a · Fundraising events: gross income
$195,807
-
8a · Fundraising events: contributions included on line 1c
$70,137
-
8b · Fundraising events: direct expenses
$361,691
-
8c · Net income from fundraising events
total -$165,884 · unrelated business -$165,884 · excluded $0
-
11a · Other revenue: Other
total $478 · related or exempt $478 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$478
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,140 · program services $14,140
-
5 · Compensation of officers, directors and key employees
total $61,122 · program services $44,340 · management and general $0 · fundraising $16,782
-
7 · Other salaries and wages
total $583,321 · program services $550,816 · management and general $31,080 · fundraising $1,425
-
9 · Other employee benefits
total $7,324 · program services $7,032 · management and general $146 · fundraising $146
-
10 · Payroll taxes
total $73,852 · program services $68,090 · management and general $3,661 · fundraising $2,101
-
11c · Fees: accounting
total $68,455 · program services $0 · management and general $68,455 · fundraising $0
-
11g · Fees: other
total $20,401 · program services $0 · management and general $20,401 · fundraising $0
-
12 · Advertising and promotion
total $2,294 · program services $2,129 · management and general $165 · fundraising $0
-
13 · Office expenses
total $66,552 · program services $59,501 · management and general $7,024 · fundraising $27
-
14 · Information technology
total $12,334 · program services $6,844 · management and general $5,490 · fundraising $0
-
16 · Occupancy
total $85,308 · program services $81,929 · management and general $3,379 · fundraising $0
-
17 · Travel
total $25,113 · program services $21,711 · management and general $3,402 · fundraising $0
-
20 · Interest
total $7,634 · program services $0 · management and general $6,573 · fundraising $1,061
-
22 · Depreciation, depletion and amortization
total $2,995 · program services $0 · management and general $2,995 · fundraising $0
-
23 · Insurance
total $15,444 · program services $8,051 · management and general $7,393 · fundraising $0
-
24a · Other expenses: Miscellaneous
total $19,977 · program services $10,932 · management and general $9,035 · fundraising $10
-
24b · Other expenses: Allocation G&A
total $0 · program services $116,450 · management and general -$116,450 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $58,168 · end of year $149,906
-
3 · Pledges and grants receivable
beginning of year $183,937 · end of year $240,362
-
4 · Accounts receivable
beginning of year $2,945 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $10,664 · end of year $9,638
-
10a · Land, buildings and equipment: cost or other basis
$63,967
-
10b · Land, buildings and equipment: accumulated depreciation
$8,230
-
10c · Land, buildings and equipment, net
beginning of year $63,619 · end of year $55,737
-
17 · Accounts payable and accrued expenses
beginning of year $40,083 · end of year $90,442
-
19 · Deferred revenue
beginning of year $62,949 · end of year $133,958
-
23 · Secured mortgages and notes payable
beginning of year $272,671 · end of year $150,000
-
24 · Unsecured notes and loans payable
end of year $17,500
-
27 · Net assets without donor restrictions
beginning of year -$56,370 · end of year $63,743
Mission and programs · 2022
Mission
To serve the Hispanic residents and low income communities of southern NJ by planning, implementing, and operating programs designed to improve their social, economic, and educational status.
Activities or mission (Part I)
To serve the Hispanic residents & low income communities of Southern NJ to improve social, economic, & educational status.
-
Housing: various programs that provide housing / shelter assistance for low-income houshoulds, seniors,and the homeless. The Organization runs marketing campaigns and application assistance to help low-income households with energy cost through both the LIHEAP and USF programs. Other programs like the CCHFC provided rental and home repair assistance.
Expenses $417,422 · Grants $12,090
-
Social: vaious programs that promote cultural diversity and fostering relationships with the entire community through social services like tranporation, translation, and various training and mentoring programs.
Expenses $280,622 · Grants $2,050
-
Health: various programs to incraease health awareness and improve access to healthcare. Under the ELC program, the Organization served as a community base to enhance detection, response, tracking, and prevention efforts to stope the spread of COVID-19.
Expenses $293,921
As filed on the 2022 return.
Listed in Part VII
-
Jose A Sanchez Sr
Board President
- Total calculated
- $0
- Hours/week
- 5
-
Steve Torres
Board Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Brian K Temberman
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Irene Scarpaci
Board Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Rev Edward Dorn
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Mayra Arroyo
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Andres Lopez
Board Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Ralph Padilla
CEO
- Total calculated
- $61,122
- From this org
- $61,122
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
-
Dean Agosto
CFO
- Total calculated
- $54,686
- From this org
- $54,686
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PRAC Properties I LLC
Real Estate Leasing · NJ
Directly controlled by PRAC
-
PRAC Properties II LLC
Real Estate Leasing · NJ
Directly controlled by PRAC
-
PRAC Properties III LLC
Real Estate Leasing
Directly controlled by PRAC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410369349301076
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