Comite De Bien Estar Inc

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

EIN: 860427342 ✦ San luis, AZ ✦ Designated as a 501(c)(3)

Overview

What is Comite De Bien Estar Inc?

Comite De Bien Estar Inc, a nonprofit organization based in San Luis, Arizona, is dedicated to improving the economic and social well-being of the community. With a team of 61 employees, they focus on cooperative land development, housing, lending, and service programs. Their projects include low-income housing and self-help housing, as well as community classes and activities. They offer essential services like housing counseling and financial literacy classes and are approved by HUD as a counseling agency. Their mission is to enhance the community's overall quality of life through these various initiatives.


Official website here: www.comiteaz.com

Is Comite De Bien Estar Inc legitimate?

Comite De Bien Estar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comite De Bien Estar 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,327,484

For more financial information, click here


Official website here: www.comiteaz.com

What is the mission statement of Comite De Bien Estar Inc?

Comite De Bien Estar Inc is dedicated to improving the economic and social well-being of the community. They accomplish this through various programs, including cooperative land development, housing initiatives, lending services, and community activities. Their mission is to build a stronger community by enhancing the living conditions and financial literacy of its members. As a HUD-approved counseling agency, they offer housing counseling and financial literacy classes to help individuals achieve stability and self-sufficiency. Additionally, they support rural development through self-help housing programs.


Official website here: www.comiteaz.com

Who is the CEO of Comite De Bien Estar Inc?

Marco Reyes is the Chairman of Comite De Bien Estar Inc.


Official website here: www.comiteaz.com

What is the revenue of Comite De Bien Estar Inc?

Comite De Bien Estar Inc's revenue in 2022 was $12,742,595.


Official website here: www.comiteaz.com

Who are the executives of Comite De Bien Estar Inc and what are their salaries?

The average compensation at Comite De Bien Estar Inc during 2022 was $21,762. There are 61 employees and 52 volunteers at Comite De Bien Estar Inc.

Here are 11 key members and their salaries:

    Marco Antonio Reyes (Executive Director)
  • Compensation: $198,183
  • Related: $0
  • Other: $0

    • Vicente Zamora (Director)
  • Compensation: $6,917
  • Related: $0
  • Other: $0

    • Anna Covarrubias (Vice-Chairman) [Trustee/Director]
  • Compensation: $2,512
  • Related: $0
  • Other: $0

    • Jose I Gonzalez (Treasurer) [Trustee/Director]
  • Compensation: $2,484
  • Related: $0
  • Other: $0

    • Jose L Madrigal (Director)
  • Compensation: $2,467
  • Related: $0
  • Other: $0

    • George Guerrero (Chairman) [Trustee/Director]
  • Compensation: $2,466
  • Related: $0
  • Other: $0

    • Hector Sanchez (Legacy Director)
  • Compensation: $2,466
  • Related: $0
  • Other: $0

    • Edna Lopez (Secretary) [Trustee/Director]
  • Compensation: $2,292
  • Related: $0
  • Other: $0

    • Fidel Munoz (Director)
  • Compensation: $1,241
  • Related: $0
  • Other: $0

    • Maria Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.comiteaz.com

    Where can I find the form 990 for Comite De Bien Estar Inc?

    The Comite De Bien Estar Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.comiteaz.com

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

    Mission Statement of Comite De Bien Estar Inc

    Comite De Bien Estar, Inc. is a dedicated organization that strives to enhance the economic and social well-being of the community. Through cooperative land development, housing, lending, and service programs, this nonprofit aims to make a significant impact.

    The mission of Comite De Bien Estar, Inc. is twofold. First, it focuses on improving the community's economic standing through cooperative land development projects. This may involve the acquisition, planning, and construction of community spaces that cater to the needs of its residents. Second, the organization addresses the social well-being of the community by providing housing solutions. This includes low-income housing options and self-help housing programs, ensuring that everyone has access to safe and affordable living situations.

    Moreover, Comite De Bien Estar, Inc. recognizes the importance of education and financial literacy. To this end, the organization offers community classes and activities designed to empower individuals. As a HUD-approved counseling agency, the nonprofit also provides housing counseling and financial literacy classes to help residents make informed decisions about their future. By focusing on these various aspects, Comite De Bien Estar, Inc. continues to strive for a better future for its community.

    Impact

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




    Thursday, August 15, 2024

    Comite De Bien Estar Inc's impact is evident in its efforts to enhance the economic and social well-being of the community through cooperative land development, housing, lending, and service programs. The organization's focus on land development projects, low-income housing, community classes and activities, and rural development self-help housing programs demonstrates its commitment to improving the quality of life for residents in the San Luis area. Additionally, their provision of housing counseling and financial literacy classes as a HUD-approved counseling agency further underscores their dedication to empowering individuals and families to achieve stability and financial security.





    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 2022.

  • Investment Income: $3,063
  • Program Service Revenue: $2,258,084
  • Gross Receipts: $21,695,936

    • Assets and Liabilities:
  • Total Assets: $24,935,924
  • Total Liabilities: $8,693,614
  • Net Assets: $16,242,310
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEVELOPER FEES

    Revenue

    $1,681,496

    AFFORDABLE APARTMNETS MGMT FEES

    Revenue

    $546,459

    INTEREST INCOME

    Revenue

    $312,311

    RENTAL INCOME

    Revenue

    $211,681

    LOSS ON EQUITY INVESTMENTS

    Revenue

    $-493,863

    Organization Details

    Founding Year

    1980

    Principal Officer

    Marco Reyes

    Main Address

    PO BOX 7170, SAN LUIS, AZ, 85349

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of Comite De Bien Estar 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.