PUERTO RICO CONSERVATION TRUST FUND

Address
PO BOX 9023554
SAN JUAN, PR 00902
Contact
Website: http://www.fideicomiso.org
Phone: +1 (787) 722-5834
Nonprofit
NTEE: C30 - Natural Resources Conservation and Protection
EIN: 66-0288581

Mission

TO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO.
 20152014201220112010
Basic features of the organization
Year of formation1970
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00 $1,120,308.00$554,127.00$568,198.00
Sum of reportable (W2/1099) compensation  $751,487.00$554,127.00$568,198.00
Number of employees0 149132126
Number of people compensated >$100k0 534
Number of highly compensated contractors0    
Personnel
Aponte, Maria
Title  Controller  
Name of key/compensated person  MARIA C APONTE  
Position of compensated person
Current officer  True  
Average hours per week working for org  37.00  
Reportable compensation from org  $104,366.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Baez, Jorge
Title  DIR. OPERATIONSDIR. OPERATIONSDIR. OPERATIONS
Name of key/compensated person  JORGE A BAEZJORGE A BAEZJORGE A BAEZ
Position of compensated person
Current officer  True  
Average hours per week working for org  37.0037.0037.00
Reportable compensation from org  $167,953.00$145,256.00$126,786.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.00  
Lloveras, Fernando
TitleExecutive Dir. Executive Dir.EXCECUTIVE DIR.EXCECUTIVE DIR.
Name of key/compensated personFERNANDO LLOVERAS FERNANDO LLOVERASFERNANDO LLOVERASFERNANDO LLOVERAS
Position of compensated person
Current officerTrue True  
Average hours per week working for org5.00 37.0037.0037.00
Reportable compensation from org$0.00 $267,268.00$228,790.00$228,790.00
Other comp, non-reportable, from org and related orgs$0.00 $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 $0.00$0.00$0.00
Average hours per week working for related orgs0.00 0.00  
Marques, Maria
Title   CFOCFO
Name of key/compensated person   MARIA M MARQUESMARIA M MARQUES
Position of compensated person
Average hours per week working for org   37.0037.00
Reportable compensation from org   $75,914.00$108,455.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Mattingly, Mack
Title  TrusteeTRUSTEETRUSTEE
Name of key/compensated person  MACK MATTINGLYMACK MATTINGLYMACK MATTINGLY
Position of compensated person
Average hours per week working for org  2.002.002.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.00  
Pumarejo, Neida
Title  DIR ACQUISITIONDIR ACQUISITIONDIR ACQUISITION
Name of key/compensated person  NEIDA PUMAREJONEIDA PUMAREJONEIDA PUMAREJO
Position of compensated person
Current officer  True  
Average hours per week working for org  37.0037.0037.00
Reportable compensation from org  $108,667.00$104,167.00$104,167.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.00  
Rivera, Dennis
TitleTrustee    
Name of key/compensated personDENNIS H RIVERA    
Position of compensated person
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.00    
Rivera, Rafael
Title  Director  
Name of key/compensated person  RAFAEL RIVERA  
Position of compensated person
Current officer  True  
Average hours per week working for org  37.00  
Reportable compensation from org  $103,233.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Romero, Kate
Title  TrusteeTRUSTEETRUSTEE
Name of key/compensated person  KATE DONELY ROMEROKATE DONELLY ROMEROKATE DONELLY ROMERO
Position of compensated person
Average hours per week working for org  2.002.002.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.00  
Salerno, Marie
TitleTrustee    
Name of key/compensated personMARIE C SALERNO    
Position of compensated person
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.00    
Viso, Joaquin
TitleTrustee    
Name of key/compensated personJOAQUIN B VISO    
Position of compensated person
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO. TO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO.TO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO.TO PROTECT AND ENHANCE THE NATURAL RESOURCES OF PUERTO RICO.
Program service expenses, total$2,021,780.00 $10,173,612.00$9,556,025.00$9,118,000.00
Programs, including revenue & expenses
To protect and enhance the natural resources of Puerto Rico and to perform the functions of the United States and Puerto Rico in the area of conservation. Develop programs aimed at educating the public about environmental issues and the need to protect and conserve natural resources.
Program expenses$2,021,780.00 $10,173,612.00$9,556,025.00$9,118,000.00
Grants and allocations made$13,523,607.00 $3,565,788.00$2,433,707.00$15,416,000.00
Program revenue$19,030,916.00 $15,556,797.00$16,242,950.00 
Program descriptionTo protect and enhance the natural resources of Puerto Rico and to perform the functions of the United States and Puerto Rico in the area of conservation. Develop programs aimed at educating the public about environmental issues and the need to protect and conserve natural resources. To protect and enhance the natural resources of Puerto Rico and to perform the functions of the United States and Puerto Rico in the area of conservation. Develop programs aimed at educating the public about environmental issues and the need to protect and conserve natural resources.To protect and enhance the natural resources of Puerto Rico and to perform the functions of the United States and Puerto Rico in the area of conservation. Develop programs aimed at educating the public about environmental issues and the need to protect and conserve natural resources.To protect and enhance the natural resources of Puerto Rico and to perform the functions of the United States and Puerto Rico in the area of conservation. Develop programs aimed at educating the public about environmental issues and the need to protect and conserve natural resources.
Financial data
Revenue
Total revenue$32,478,837.00 $30,818,914.00$28,525,544.00$25,620,000.00
Revenue from contributions (total)$23,923,607.00$22,995,599.00$15,556,797.00$16,242,950.00$15,416,000.00
Revenue from noncash contributions$13,178,000.00 $2,310,000.00$1,676,870.00$4,995.00
Investment income, current yr$8,534,253.00 $14,678,805.00$11,672,005.00$9,637,000.00
Total revenue from grants, etc., current yr$23,923,607.00 $15,556,797.00$16,242,950.00$15,416,000.00
Total unrelated business revenue$0.00 $0.00$0.00$0.00
Other revenue, current yr$0.00 $0.00$0.00$0.00
Program service revenue (total)$20,977.00$14,131.00$583,312.00$610,589.00$567,000.00
Gross receipts$187,022,091.00 $30,818,914.00$75,474,342.00$80,000,000.00
Sources of contributions
Revenue from all other contributions$23,923,607.00 $15,556,797.00$16,242,950.00$15,416,000.00
Other types of revenue
Royalties (total)$0.00 $0.00$0.00$0.00
Miscellaneous revenue (total)$0.00 $0.00$0.00$0.00
Net revenue from gaming (total)$0.00 $0.00$0.00$0.00
Income from dividends, interest, and similar investments$8,707,507.00 $9,815,268.00$7,329,175.00$6,589,000.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00 $0.00$0.00$0.00
Net inventory sales (total)$0.00 $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$15,642,955.00 $14,160,105.00$13,686,748.00$12,749,000.00
Total functional expenses: program service $2,021,780.00 $10,173,612.00$9,556,025.00$9,118,000.00
Total functional expenses: management and general$13,621,175.00 $3,986,493.00$4,130,723.00$3,631,000.00
Total functional expenses: fundraising$0.00 $0.00$0.00$0.00
Fees for services
Lobbying fees (total)$0.00 $0.00$0.00$0.00
Legal fees (total)$0.00 $272,160.00$242,832.00$353,000.00
Fundraising service fees (total)$0.00 $0.00$0.00$0.00
General management fees (total)$13,668,607.00 $0.00$0.00$0.00
Investment management fees (total)$0.00 $0.00$0.00$0.00
Assets and liabilities
Total assets$405,209,360.00$473,805,571.00$684,393,393.00$760,486,362.00$721,808,000.00
Total assets, beginning of year$473,805,571.00 $760,234,948.00$721,807,736.00$982,677,000.00
Total liabilities$89,329,189.00$162,978,879.00$416,300,551.00$517,253,745.00$487,386,000.00
Total liabilities, beginning of year$162,978,879.00 $517,027,331.00$487,386,721.00$769,658,000.00
Pledges & accounts receivable, net$0.00 $0.00$0.00$0.00
Loans & receivables from key persons$0.00 $0.00$0.00$0.00
Unrestricted net assets, end of yr$145,256,064.00 $129,754,125.00$108,097,095.00$113,633,000.00
Permanently restricted net assets, end of yr$170,624,107.00 $138,338,717.00$135,135,522.00$120,789,000.00
Net assets$315,880,171.00 $268,092,842.00$243,232,617.00$234,422,000.00
Net assets, beginning of year$310,826,692.00 $243,207,617.00$234,421,015.00$213,019,000.00
Intangible assets$0.00 $0.00$0.00$0.00
Other assets$11,190,003.00 $1,696,096.00$5,327,332.00$823,000.00
Investments: other securities$0.00 $0.00$0.00$0.00
Investments: publicly traded securities$0.00 $0.00$0.00$0.00
Cash: non-interest bearing$0.00 $0.00$0.00$0.00
Investments -- program-related$256,871,415.00 $577,716,058.00$652,132,935.00$616,967,000.00
Inventories for sale or use$0.00 $0.00$0.00$0.00
Other financial variables
Revenue less expenses$16,835,882.00 $16,658,809.00$14,838,796.00$12,871,000.00
Advertising (total)$0.00 $362.00$4,173.00$90,000.00
Savings & temp cash investment$10,338,119.00 $7,762,338.00$14,865,098.00$8,873,000.00
Accounts receivable, net$10,421,415.00 $12,333,044.00$9,356,541.00$17,801,000.00
Prepaid expenses & deferred charges$0.00 $0.00$0.00$0.00
Accounts payable & accrued expenses$5,443,552.00 $8,180,673.00$120,647,015.00$119,916,000.00
Secured mortgages and notes payable$83,885,637.00 $408,119,878.00$396,606,730.00$367,470,000.00
Total net assets or fund balances$315,880,171.00 $268,092,842.00$243,232,617.00$234,422,000.00
Depreciation, depletion, amortization$0.00 $117,438.00$74,401.00$1,517,000.00
Payment to affiliates$0.00 $0.00$0.00$0.00
Governance and accountability
Number of voting members3 223
Number of independent voting members3 223
Financial sheets auditedTrue TrueTrueTrue
Audit on consolidated basisTrue    
Accrual accountingTrue TrueTrueTrue
Tax year start date2015-01-01 2012-01-012011-01-012010-01-01
Tax year end date2015-12-012014-12-012012-12-012011-12-012010-12-01
Indicators for schedules (selected)
LobbiedTrue TrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990 990990990
Date e-filing submitted2017-03-30 2013-12-142012-10-292011-09-14
IRS schema version2015v2.0 2012v2.02011v1.22010v3.2
Filing identifier201613209349309236 201342279349300824201212289349303771201132279349304123
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