NonprofitsFondo Permanente Para La Administracion Operacion Y

Recreation & Sports

Fondo Permanente Para La Administracion Operacion Y

SALINAS, PR

Total revenue

$10.7M

Total expenses

$11.8M

Net assets

$24.2M

Grants received

EIN

660630488

Tax year

2024

Mission

The mission of the organization is to provide and to maintain the level required for the training of puerto rico's high perfomance athletes.

Programs

2 programs

Other academic and sports service program was provided primarily to students enrolled in the albergue olimpico baseball academy program which includes tuition, fees, room and meals. Other sports recreational facilities program was provided to the general public which include the sale of tickets for admission to parks, the sales of merchandise, food and beverage at the parks, shops areas and food courts.

Expenses: $1.5M

Sports medicine services program includes a contract with the university of puerto rico medical science campus to supply and pay for materials, cleaning services, maintenance and surveillance of facilities that the center for sports health and excercise science occupies. The center occupies in the albergue olimpico a variety of sports medicine services with a preventive approach to athletes of national federations, student athletes and to the general community. The fideicomiso olimpico will provide telephone, water, electricity and rent services

Expenses: $266KGrants: $175K

Financials

FY 2024

Revenue

Contributions & grants$4.6M
Program service revenue$734K
Investment income$107K
Other revenue$5.2M
Total revenue$10.7M

Expenses

Grants paid$792K
Salaries & benefits$5.8M
Fundraising$2.8M
Other expenses$5.2M
Total expenses$11.8M
Total assets$25.2M
Net assets$24.2M

People

16 listed

NameRoleCompensation

LUISETTE SANCHEZ

DIRECTOR OF

Board

JORGE RENDON

EXECUTIVE DI

Board

YANIRA MORALES

HR DIRECTOR

Board

CARMEN CARTAGENA

ACADEMIC DIR

Board

PEDRO ROJAS

OPERATIONS D

Board

SAMUEL CESPEDES

SECRETARY

Board

RICHARD CARRION

PRESIDENT

Board

SARA ROSARIO

DIRECTOR/MEM

Board

CARLOS J BELTRAN

DIRECTOR/MEM

Board

VICTOR RUIZ

DIRECTOR/MEM

Board

EDUARDO AMY

DIRECTOR/MEM

Board

HECTOR LOPEZ

DIRECTOR/MEM

Board

JOSE PORTELA

DIRECTOR/MEM

Board

FERNANDO FAGUNDO

DIRECTOR/MEM

Board

GRETCHEN SCALE

DIRECTOR/MEM

Board

BEVERLY RAMOS

DIRECTOR/MEM

Board

Details

EIN660630488
NTEE codeN40
Subsection03
Ruling date2021-07
Formed1992
Employees129
FONDO PERMANENTE PARA LA ADMINISTRACION OPERACION Y — Mission, Financials & Grants Received | Grantivo