CASA CASTANER INC

Address
PO BOX 1026
CASTANER, PR 00631
Contact
Phone: +1 (787) 829-6750
Nonprofit
NTEE: L22 - Senior Citizens' Housing/Retirement Communities
EIN: 66-0389527

Mission

PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND VERY LOW INCOME ELDERLY.
 20172016201520142013
Basic features of the organization
Year of formation1978
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$26,630.00$26,290.00$25,693.00$26,305.00$24,691.00
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees781378
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors00011
Personnel
Cruz, Elizabeth
TitleSECRETARYSECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated personELIZABETH CRUZELIZABETH CRUZELIZABETH CRUZELIZABETH CRUZELIZABETH CRUZ
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org00000
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$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$0.00
Average hours per week working for related orgs00000
Feliciano, Salvador
TitleVICE-PRESIDENTVICE-PRESIDENTVICE-PRESIDENTVICE-PRESIDENTVICE-PRESIDENT
Name of key/compensated personSALVADOR FELICIANOSALVADOR FELICIANOSALVADOR FELICIANOSALVADOR FELICIANOSALVADOR FELICIANO
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org00000
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$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$0.00
Average hours per week working for related orgs00000
Lopez, Israel
Title DIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated person ISRAEL LOPEZISRAEL LOPEZISRAEL LOPEZISRAEL LOPEZ
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0000
Reportable compensation from org $0.00$0.00$0.00$0.00
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 orgs 0000
Ruiz, Domingo
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personDOMINGO MONROIG RUIZDOMINGO MONROIG RUIZDOMINGO MONROIG RUIZDOMINGO MONROIG RUIZDOMINGO MONROIG RUIZ
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org00000
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$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$0.00
Average hours per week working for related orgs00000
Soto, Agustin
TitleTREASURERTREASURERTREASURERTREASURERTREASURER
Name of key/compensated personAGUSTIN PONCE SOTOAGUSTIN PONCE SOTOAGUSTIN PONCE SOTOAGUSTIN PONCE SOTOAGUSTIN PONCE SOTO
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org00000
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$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$0.00
Average hours per week working for related orgs00000
Soto, Jairo
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJAIRO SOTOJAIRO SOTOJAIRO SOTOJAIRO SOTOJAIRO SOTO
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org00000
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$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$0.00
Average hours per week working for related orgs00000
Velez, Nerida
Title DIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated person NERIDA VELEZNERIDA VELEZNERIDA VELEZNERIDA VELEZ
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0000
Reportable compensation from org $0.00$0.00$0.00$0.00
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 orgs 0000
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND VERY LOW INCOME ELDERLY.PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND VERY LOW INCOME ELDERLY.PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND VERY LOW INCOME ELDERLY.PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND VERY LOW INCOME ELDERLY.PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND VERY LOW INCOME ELDERLY.
Program service expenses, total$407,600.00$430,025.00$484,238.00$526,565.00$477,886.00
Programs, including revenue & expenses
CASA CASTAER INC. IS A NON PROFIT SINGLE ASSET CORPORATION. THE CORPORATION OWN AND OPERATES A 63-UNIT APARTMENT PROJECT FOR THE ELDERLY IN CASTAER, PUERTO RICO. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO ITS RENTAL CHARGES AND OPERATING METHODS. THE PROJECT OPERATES UNDER A HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT SINCE 1982. THE SUBSIDY UNDER THIS CONTRACT PROVIDE MOST OF THE INCOME RECEIVED BY THE PROJECT.
Program expenses$407,600.00$430,025.00$484,238.00$526,565.00$477,886.00
Grants and allocations made$583,740.00$623,131.00$631,206.00$632,705.00$623,879.00
Program revenue$2,172.00$1,911.00$1,945.00$2,177.00$1,053.00
Program descriptionCASA CASTAER INC. IS A NON PROFIT SINGLE ASSET CORPORATION. THE CORPORATION OWN AND OPERATES A 63-UNIT APARTMENT PROJECT FOR THE ELDERLY IN CASTAER, PUERTO RICO. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO ITS RENTAL CHARGES AND OPERATING METHODS. THE PROJECT OPERATES UNDER A HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT SINCE 1982. THE SUBSIDY UNDER THIS CONTRACT PROVIDE MOST OF THE INCOME RECEIVED BY THE PROJECT.CASA CASTAER INC. IS A NON PROFIT SINGLE ASSET CORPORATION. THE CORPORATION OWN AND OPERATES A 63-UNIT APARTMENT PROJECT FOR THE ELDERLY IN CASTAER, PUERTO RICO. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO ITS RENTAL CHARGES AND OPERATING METHODS. THE PROJECT OPERATES UNDER A HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT SINCE 1982. THE SUBSIDY UNDER THIS CONTRACT PROVIDE MOST OF THE INCOME RECEIVED BY THE PROJECT.CASA CASTAER INC. IS A NON PROFIT SINGLE ASSET CORPORATION. THE CORPORATION OWN AND OPERATES A 63-UNIT APARTMENT PROJECT FOR THE ELDERLY IN CASTAER, PUERTO RICO. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO ITS RENTAL CHARGES AND OPERATING METHODS. THE PROJECT OPERATES UNDER A HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT SINCE 1982. THE SUBSIDY UNDER THIS CONTRACT PROVIDE MOST OF THE INCOME RECEIVED BY THE PROJECT.CASA CASTAER INC. IS A NON PROFIT SINGLE ASSET CORPORATION. THE CORPORATION OWN AND OPERATES A 63-UNIT APARTMENT PROJECT FOR THE ELDERLY IN CASTAER, PUERTO RICO. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO ITS RENTAL CHARGES AND OPERATING METHODS. THE PROJECT OPERATES UNDER A HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT SINCE 1982. THE SUBSIDY UNDER THIS CONTRACT PROVIDE MOST OF THE INCOME RECEIVED BY THE PROJECT.CASA CASTAER INC. IS A NON PROFIT SINGLE ASSET CORPORATION. THE CORPORATION OWN AND OPERATES A 63-UNIT APARTMENT PROJECT FOR THE ELDERLY IN CASTAER, PUERTO RICO. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO ITS RENTAL CHARGES AND OPERATING METHODS. THE PROJECT OPERATES UNDER A HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT SINCE 1982. THE SUBSIDY UNDER THIS CONTRACT PROVIDE MOST OF THE INCOME RECEIVED BY THE PROJECT.
Financial data
Revenue
Total revenue$585,912.00$625,967.00$634,121.00$636,174.00$626,722.00
Revenue from contributions (total)$583,740.00$623,131.00$631,206.00$632,705.00$623,879.00
Revenue from noncash contributions$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$969.00$925.00$970.00$1,292.00$1,790.00
Total revenue from grants, etc., current yr$583,740.00$623,131.00$631,206.00$632,705.00$623,879.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$1,203.00$1,911.00$1,945.00$2,177.00$1,053.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$0.00$0.00$0.00$0.00$0.00
Gross receipts$585,912.00$625,967.00$634,121.00$636,174.00$626,722.00
Sources of contributions
Revenue from federated campaigns$0.00$0.00$0.00$0.00$0.00
Contributions revenue from membership dues$0.00$0.00$0.00$0.00$0.00
Revenue from fundraising events$0.00$0.00$0.00$0.00$0.00
Contributions from related organizations$0.00$0.00$0.00$0.00$0.00
Revenue from gov't grants$583,740.00$623,131.00$631,206.00$632,705.00$623,879.00
Revenue from all other contributions$0.00$0.00$0.00$0.00$0.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00$0.00
Miscellaneous revenue (total)$1,203.00$1,911.00$1,945.00$2,177.00$1,053.00
Income from dividends, interest, and similar investments$969.00$925.00$970.00$1,292.00$1,790.00
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$560,422.00$586,247.00$587,583.00$604,673.00$588,457.00
Total functional expenses: program service $407,600.00$430,025.00$484,238.00$526,565.00$477,886.00
Total functional expenses: management and general$152,822.00$156,222.00$103,345.00$78,108.00$110,571.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Lobbying fees (total)$12,240.00  $0.00 
Legal fees (total)$85.00$110.00 $1,853.00 
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$34,441.00$36,765.00$37,241.00$36,766.00$36,668.00
Investment management fees (total)   $0.00 
Assets and liabilities
Total assets$2,153,712.00$2,150,293.00$2,202,822.00$2,258,735.00$2,380,867.00
Total assets, beginning of year$2,150,293.00$2,202,822.00$2,258,735.00$2,380,867.00$1,189,536.00
Total liabilities$2,004,693.00$2,109,072.00$2,201,321.00$2,303,772.00$2,457,405.00
Total liabilities, beginning of year$2,109,072.00$2,201,321.00$2,303,772.00$2,457,405.00$1,304,339.00
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
Net assets$149,019.00$41,221.00$1,501.00-$45,037.00-$76,538.00
Net assets, beginning of year$41,221.00$1,501.00-$45,037.00-$76,538.00-$114,803.00
Other liabilities$16,692.00$14,467.00$7,210.00$8,588.00$6,993.00
Bond liabilities$0.00$0.00$0.00$0.00$0.00
Intangible assets$0.00$0.00 $0.00$0.00
Other assets$793,450.00$687,761.00$757,980.00$676,630.00$1,102,970.00
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$69,218.00$74,292.00$29,028.00$113,993.00$168,348.00
Cash: non-interest bearing, beginning of year$74,292.00$29,028.00$113,993.00$168,348.00$67,253.00
Investments -- program-related$0.00$0.00 $0.00$0.00
Escrow or custodial account liability$0.00$0.00$0.00$0.00$0.00
Loans and other payables to key persons$0.00$0.00$0.00$0.00$0.00
Grants payable$0.00$0.00$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00 $0.00$0.00
Other financial variables
Revenue less expenses$25,490.00$39,720.00$46,538.00$31,501.00$38,265.00
Advertising (total)$1,088.00$780.00$530.00$645.00$1,691.00
Savings & temp cash investment$0.00$0.00 $0.00$0.00
Accounts receivable, net$3,826.00$2,029.00$4,109.00$4,137.00$2,642.00
Prepaid expenses & deferred charges$0.00$15,925.00$16,726.00$20,229.00$26,672.00
Accounts payable & accrued expenses$11,374.00$24,491.00$24,850.00$21,760.00$83,744.00
Deferred revenue$0.00$0.00$0.00$0.00$0.00
Unsecured notes & loans to unrelated parties$0.00$0.00$0.00$0.00$0.00
Secured mortgages and notes payable$1,976,627.00$2,070,114.00$2,169,261.00$2,273,424.00$2,366,668.00
Total net assets or fund balances$149,019.00$41,221.00$1,501.00-$45,037.00-$76,538.00
Depreciation, depletion, amortization$112,068.00$104,781.00$103,590.00$103,524.00$85,783.00
Payment to affiliates   $0.00 
Governance and accountability
Number of voting members57777
Number of independent voting members57777
Financial sheets auditedTrueTrueTrueTrueTrue
Audited on both consolidated and separate basisTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-10-022017-10-132016-11-032015-08-142014-10-28
IRS schema version2017v2.02016v3.02015v2.12014v5.02013v3.0
Filing identifier201831939349300603201702079349300120201612269349300626201541339349300549201412199349301061
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