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Banco De Alimentos Puerto Rico Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 660444882 ✦ Designated as a 501(c)(3)

Overview

What is Banco De Alimentos Puerto Rico Inc?

Banco de Alimentos Puerto Rico Inc is a Puerto Rican nonprofit organization dedicated to reducing hunger through food distribution and related programs. Their primary focus is on providing food and essential goods to families in need. With a team of 27 employees, they work tirelessly to eradicate food scarcity and ensure that no one goes hungry. Their mission encompasses not only offering food but also implementing educational programs to address the root causes of hunger. Throughout the year, the organization's resources are entirely allocated to these efforts, with no significant other programs mentioned.


Official website here: www.alimentospr.com

Is Banco De Alimentos Puerto Rico Inc legitimate?

Banco De Alimentos Puerto Rico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banco De Alimentos Puerto Rico Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $204,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.alimentospr.com

What is the mission statement of Banco De Alimentos Puerto Rico Inc?

Banco De Alimentos Puerto Rico Inc is dedicated to reducing hunger through food distribution and related programs and education. Their primary focus is on providing essential supplies to families in need and working towards the elimination of hunger. The organization's efforts are entirely committed to this cause, with 100% of resources directed towards food distribution throughout the year. No other significant programs were mentioned in the given data, as the organization's main strength lies in addressing food insecurity.


Official website here: www.alimentospr.com

Who is the CEO of Banco De Alimentos Puerto Rico Inc?

Maria J Laborde Carlo is the Executive Director of Banco De Alimentos Puerto Rico Inc.


Official website here: www.alimentospr.com

What is the revenue of Banco De Alimentos Puerto Rico Inc?

Banco De Alimentos Puerto Rico Inc's revenue in 2023 was $35,246,065.


Official website here: www.alimentospr.com

Who are the executives of Banco De Alimentos Puerto Rico Inc and what are their salaries?

The average compensation at Banco De Alimentos Puerto Rico Inc during 2023 was $7,574. There are 27 employees and 3,476 volunteers at Banco De Alimentos Puerto Rico Inc.

Here are 17 key members and their salaries:

    Maria J Laborde Carlo (Executive Director)
  • Compensation: $77,359
  • Related: $0
  • Other: $0

    • Michael De Jesus (Operations Manager)
  • Compensation: $59,883
  • Related: $0
  • Other: $0

    • Damaris Soto (Program Manager)
  • Compensation: $50,835
  • Related: $0
  • Other: $0

    • Franklin Valentin Lopez (Food Sourcing Manager)
  • Compensation: $16,416
  • Related: $0
  • Other: $0

    • Nicole E Rios Julia (President Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lcda Adriana Perez Rentas (Secretary Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cpa Antonio Echevarria Villafane (Treasurer Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Santos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francisco J Cabrero Ojeda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alani Lapetina Mafuz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franco Calero Font (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pedro E Giner Dapena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David De Sevilla Quintero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberto Pando Cintron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lcdo Chetzil Penalverty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pastor Esdras Santiago (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin J Perez Gonzalez (Past President Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.alimentospr.com

    Where can I find the form 990 for Banco De Alimentos Puerto Rico Inc?

    The Banco De Alimentos Puerto Rico Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.alimentospr.com

    Learn more at the official website: www.alimentospr.com

    Mission Statement of Banco De Alimentos Puerto Rico Inc

    Banco De Alimentos Puerto Rico Inc, a dedicated organization, strives to alleviate hunger through the distribution of food and the implementation of food programs and education. The mission of this nonprofit is clear: to reduce hunger in communities.

    The heart of Banco De Alimentos Puerto Rico Inc's work lies in its relentless efforts to provide food and essential goods to families in need. Throughout the year, the organization pours all its energy into this cause, ensuring a constant supply of provisions to those who lack access to adequate nutrition. The organization's unwavering commitment to eradicating hunger sets it apart, as 100% of its efforts are geared towards this vital goal.

    Banco De Alimentos Puerto Rico Inc's mission extends beyond simple food distribution. The organization recognizes the importance of education in addressing the root causes of hunger and poverty. By incorporating food programs and educational initiatives into its work, the nonprofit aims to promote long-term sustainability and improve the lives of those it serves.

    In essence, Banco De Alimentos Puerto Rico Inc is a beacon of hope for individuals and families facing food insecurity. Through its unwavering dedication to reducing hunger and its innovative approach to addressing the issue, the organization has become a vital resource in its community. Its mission remains steadfast, as it continues to provide essential resources and support to those in need, working towards a future where hunger is a thing of the past.

    Impact

    This information is meant to be a general summary of Banco De Alimentos Puerto Rico Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Banco De Alimentos Puerto Rico Inc is dedicated to reducing hunger through food distribution and food programs. Their mission is to constantly provide food and other goods to families in need, working towards the eradication of hunger. Their impact is crucial in ensuring that individuals and families facing food insecurity receive the necessary support to meet their basic needs. Through their efforts, they play a significant role in alleviating hunger in Puerto Rico and improving the well-being of those they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $185,672
  • Program Service Revenue: $0
  • Gross Receipts: $35,246,065

    • Assets and Liabilities:
  • Total Assets: $18,563,996
  • Total Liabilities: $7,086,530
  • Net Assets: $11,477,466
  • Organization Details

    Founding Year

    1988

    Principal Officer

    Maria J Laborde Carlo

    NTEE Category

    Code: K30Z - Food

    If you are a representative of Banco De Alimentos Puerto Rico Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.