Community Improvement & Capacity Building
Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las
SAN JUAN, PR
Total revenue
$1.7M
Total expenses
$1.5M
Net assets
$3.3M
Grants received
$199K
4 grants
EIN
660398333
Tax year
2024
Mission
To promote facilitate and execute economic development community revitalization long-term job creation and retention self-employment business and credit education and entrepreneurship through the establishment or expansion of micro small and medium-sized enterprises.
Programs
9 programs
Sba 504 loans program - 25 new loans were closing during the year totaling $8,819,000
Community development financial institution fund - 5 new loans were closed under a new cdfi fund; cdfi-erp-80 20. Total disbursed $59,200.00 loans + $14,800.00 grant
Rural development rbeg - a new loan was closed totaling $46,000.00
Irp program - a new loan was closed totaling $106,200.00
Dhhs - women entrepreneurs loan fund - one new loan were closed totaling $12,061.50
Puerto rico community foundation doral fund - no new loan were closed during the year.
Community advantage - no new loan were closed during the year.
Cdfi-erp 80 20 - 2 new loans were closed during the year totaling $24,000.00
Veteran business outreach center vboc - provide training and counseling to veterans
Financials
FY 2024
Revenue
Expenses
People
16 listed
Jaime J Aponte Parsi
Secretary of Board Director
—
2 hrs/wk
Ral O Barreras Rivera
Treasurer of Board Director
—
2 hrs/wk
Carmen M Correa Matos
Director
—
1 hrs/wk
Diana L Santiago Olivares
Director
—
1 hrs/wk
Ildefonso Rodrguez
Director
—
2 hrs/wk
Ismael Velzquez Gomez
Director
—
1 hrs/wk
Omar M Contreras Gomez
Director
—
2 hrs/wk
Rodolfo A Rivera
Director
—
1 hrs/wk
Suleira M Quiones
Director
—
1 hrs/wk
Jorge Guzman Daleccio
Director
—
1 hrs/wk
Harry O Vega Diaz
Vice-President of Board Director
—
1 hrs/wk
Paul M Vilar Nelms
President of Board Director
—
2 hrs/wk
Giovanna Piovanetti Lugo
Executive President
$120K
40 hrs/wk
Carlos Abreu
Controller
$55K
40 hrs/wk
Mayra Martinez
Acting Loan Department
$50K
40 hrs/wk
Eddie G Melendez
Compliance Manager
$43K
40 hrs/wk
Grants received
Showing 4 of 4
Funded by
$199K from 4 funders · 4 grants · 2017–2024
$100K · 1 grant · 2020
$64K · 1 grant · 2017
$28K · 1 grant · 2024
$7K · 1 grant · 2018