RYDER HOME FOR THE ELDERLY INC

Address
PO BOX 859
HUMACAO, PR 00792-0859
Contact
Phone: +1 (787) 852-2798
Nonprofit
NTEE: L22 - Senior Citizens' Housing/Retirement Communities
EIN: 66-0706107

Mission

HOUSING FOR THE ELDERLY.
 20152014201320122011
Basic features of the organization
Year of formation2007
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees   910
Personnel
Aleman, Esther
Title   DIRECTOR 
Name of key/compensated person   ESTHER ALEMAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   2.00 
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 
Alicea, Benigno
Title   DIRECTOR 
Name of key/compensated person   BENIGNO ALICEA 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   2.00 
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 
Alicea, Miriam
Title   DIRECTORDIRECTOR
Name of key/compensated person   MIRIAM ALICEAMIRIAM ALICEA
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Berros, Elsa
Title   TREASURERTREASURER
Name of key/compensated person   ELSA BERROSELSA BERROS
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Castro, Olga
Title   DIRECTORDIRECTOR
Name of key/compensated person   OLGA M CASTROOLGA M CASTRO
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Cepeda, Pedro
Title   DIRECTORDIRECTOR
Name of key/compensated person   PEDRO CEPEDAPEDRO CEPEDA
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Daz, Michael
Title   DIRECTORDIRECTOR
Name of key/compensated person   MICHAEL DAZMICHAEL DAZ
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Feliciano, Jos
Title   EXE. DIRECTOEXE. DIRECTO
Name of key/compensated person   JOS R FELICIANOJOS R FELICIANO
Position of compensated person
Average hours per week working for org   4.004.00
Reportable compensation from org   $0.00$0.00
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
Garca, Boanerges
Title   DIRECTORDIRECTOR
Name of key/compensated person   BOANERGES GARCABOANERGES GARCA
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Lebrn, Roque
Title   DIRECTORDIRECTOR
Name of key/compensated person   ROQUE LEBRNROQUE LEBRN
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Marcano, Juan
Title    DIRECTOR
Name of key/compensated person    JUAN MARCANO
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
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
Reina, Jess
Title   SECRETARYSECRETARY
Name of key/compensated person   JESS M REINAJESS M REINA
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   4.004.00
Reportable compensation from org   $0.00$0.00
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
Rivera, Edward
Title   PRESIDENTPRESIDENT
Name of key/compensated person   EDWARD RIVERAEDWARD RIVERA
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   4.004.00
Reportable compensation from org   $0.00$0.00
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
Rodrguez, Francisca
Title   DIRECTORDIRECTOR
Name of key/compensated person   FRANCISCA RODRGUEZFRANCISCA RODRGUEZ
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
Silva, Heriberto
Title   VICE-PRESIDEVICE-PRESIDE
Name of key/compensated person   HERIBERTO SILVAHERIBERTO SILVA
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   4.004.00
Reportable compensation from org   $0.00$0.00
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
Velzquez, Elisama
Title   DIRECTORDIRECTOR
Name of key/compensated person   ELISAMA VELZQUEZELISAMA VELZQUEZ
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
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
de Len, Joaquin
Title    DIRECTOR
Name of key/compensated person    JOAQUIN DE LEN
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
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
de Len, Joaquina
Title   DIRECTOR 
Name of key/compensated person   JOAQUINA DE LEN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   2.00 
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 
de Len, Reinaldo
Title    DIRECTOR
Name of key/compensated person    REINALDO DE LEN
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
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
Purpose: mission, activities, & accomplishments
Mission or significant activities   HOUSING FOR THE ELDERLY.HOUSING FOR THE ELDERLY.
Program service expenses, total   $562,055.00$583,661.00
Programs, including revenue & expenses
THE PROGRAM OPERATES A 96-UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN HUMACAO, PUERTO RICO. THE COMPANY IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. DURING THE YEAR THE PERCENTAGE OF OCCUPANCY WAS 98%.
Program expenses   $562,055.00$583,661.00
Program revenue   $199,603.00$195,951.00
Program description   THE PROGRAM OPERATES A 96-UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN HUMACAO, PUERTO RICO. THE COMPANY IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. DURING THE YEAR THE PERCENTAGE OF OCCUPANCY WAS 98%.THE PROGRAM OPERATES A 96-UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN HUMACAO, PUERTO RICO. THE COMPANY IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. DURING THE YEAR THE PERCENTAGE OF OCCUPANCY WAS 98%.
Financial data
Revenue
Total revenue   $675,723.00$650,843.00
Revenue from contributions (total)$511,598.00$517,406.00$491,969.00$458,670.00$433,905.00
Investment income, current yr   $234.00$568.00
Total revenue from grants, etc., current yr   $458,670.00$433,905.00
Total unrelated business revenue   $0.00$0.00
Other revenue, current yr   $17,216.00$20,419.00
Program service revenue (total)$201,186.00$206,338.00$201,179.00$199,603.00$195,951.00
Gross receipts   $675,723.00$650,843.00
Sources of contributions
Revenue from gov't grants   $458,670.00$433,905.00
Other types of revenue
Miscellaneous revenue (total)   $17,216.00$20,419.00
Income from dividends, interest, and similar investments   $234.00$568.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all   $657,151.00$673,666.00
Total functional expenses: program service    $562,055.00$583,661.00
Total functional expenses: management and general   $95,096.00$90,005.00
Total functional expenses: fundraising   $0.00$0.00
Fees for services
Legal fees (total)   $2,171.00 
Fundraising service fees (total)   $0.00$0.00
Assets and liabilities
Total assets$1,055,133.00$1,109,339.00$1,184,172.00$1,251,092.00$1,314,021.00
Total assets, beginning of year   $1,314,021.00$1,420,472.00
Total liabilities$931,330.00$1,038,542.00$1,126,008.00$1,212,681.00$1,294,182.00
Total liabilities, beginning of year   $1,294,182.00$1,377,810.00
Unrestricted net assets, end of yr   $38,411.00$19,839.00
Net assets   $38,411.00$19,839.00
Net assets, beginning of year   $19,839.00$42,662.00
Other liabilities   $16,920.00$16,134.00
Cash: non-interest bearing   $15,429.00$18,484.00
Cash: non-interest bearing, beginning of year   $18,484.00$32,626.00
Other financial variables
Revenue less expenses   $18,572.00-$22,823.00
Advertising (total)   $12.00 
Savings & temp cash investment   $71,003.00$74,282.00
Accounts receivable, net   $582.00$1,224.00
Prepaid expenses & deferred charges   $2,273.00$2,828.00
Accounts payable & accrued expenses   $113,235.00$92,088.00
Secured mortgages and notes payable   $1,082,526.00$1,185,960.00
Total net assets or fund balances   $38,411.00$19,839.00
Depreciation, depletion, amortization   $97,184.00$114,068.00
Governance and accountability
Number of voting members   1515
Number of independent voting members   1515
Financial sheets audited   TrueTrue
Accrual accounting   TrueTrue
Tax year start date   2011-10-012010-10-01
Tax year end date2015-09-012014-09-012013-09-012012-09-012011-09-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF   990990
Date e-filing submitted   2013-08-152012-06-14
IRS schema version   2011v1.52010v3.7
Filing identifier   201331349349307618201211319349302246
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