Hospital Damas Inc
501(c)(3)
73% goes to programs $0 to raise $100
Hospital Damas Inc is a 501(c)(3) organization based in Ponce, Puerto Rico, registered in 1997, with $74,012,035 in FY2024 revenue. CharityIndex grades it B+, and it directs about 73% of spending to programs.
2213 Ponce By Pass, Ponce, PR, 00717 EIN 66-0183310 Since 1997
Revenue (FY2024)
$74.0M
▲ 1.0% vs prior year
Expenses (FY2024)
$76.7M
Net assets
$37.1M
Employees
748
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating73% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hospital Damas Inc: 73% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating6 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hospital Damas Inc: 6 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hospital Damas Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hospital Damas Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide health services of the highest quality to our community, in a safe environment and framed in a human-christian philosophy.
Contact & location
- Address
- 2213 Ponce By Pass, Ponce, PR, 00717
- City
- Ponce
- State
- Puerto Rico
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue held steady from $73.4M (FY2021) to $74.0M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $11.0MNet assets $37.1M
Operating margin
-3.7%
Spent more than it raised in the latest fiscal year.
Total assets
$48.0M
Total liabilities
$11.0M
Net assets
$37.1M
Salaries & benefits
$28.2M
37% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $74,012,035▲1.0% | $76,734,894▼0.9% | $37,055,087▼6.1% | $48,038,291▼2.9% | 990 |
| 2023 | $73,311,941▲2.0% | $77,417,234▲7.8% | $39,456,975▼9.2% | $49,455,208▼23.1% | 990 |
| 2022 | $71,887,197▼2.1% | $71,792,040▲5.0% | $43,455,455▼3.0% | $64,334,501▲14.4% | 990 |
| 2021 | $73,414,103 | $68,398,341 | $44,782,889 | $56,244,610 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Alberto Maldonado — $1,050,604 (1.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alberto Maldonado | Cardio Surge | 40 | $1,050,604 |
| Jesse Aleman | Pulmonologis | 40 | $324,580 |
| Pedro F Barez Clavell | Ceo | 40 | $191,642 |
| Dariel Irizary | Infections D | 40 | $180,599 |
| Jessica Abreu Garca | Neurologist | 40 | $180,599 |
| Rafael Ros Rivera | Rheumatologi | 40 | $180,599 |
| Miguel Magraner Surez | Medical Dire | 40 | $140,600 |
| Julio Coln Rivera | Finance Dire | 40 | $99,914 |
| Gilberto Cuevas | Hr Director | 40 | $80,983 |
| Nilda J Zapata Molina | Director | 8 | $48,000 |
| Carlos J Rovira Arbona | President | 8 | — |
| Emilio R Venegas Gardn | Director | 8 | — |
| Gladysmaria Figueroa Rubero | Director | 8 | — |
| Hector Santini Oliveri | Director | 8 | — |
| Jorge R Martn Suria | Vp & Secreta | 8 | — |
| Mariano Mcconnie Angel | Director | 8 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Serralles Construction Corp | Construction | $1,854,338 |
| Prime Janitorial Services Corp | Maintenance | $1,040,414 |
| Dr Pedro N Farinacci | Medical Service | $973,129 |
| Medical Information Technology | It Services | $872,764 |
| Ciracet Corp | It Services | $861,020 |
Frequently asked questions
- Is Hospital Damas Inc a legitimate nonprofit?
- Yes. Hospital Damas Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0183310, based in Ponce, Puerto Rico.
- What is Hospital Damas Inc's EIN?
- Hospital Damas Inc's Employer Identification Number (EIN) is 66-0183310.
- How much revenue does Hospital Damas Inc report?
- Hospital Damas Inc reported $74,012,035 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hospital Damas Inc's spending goes to programs?
- Hospital Damas Inc spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hospital Damas Inc have?
- CharityIndex grades Hospital Damas Inc B+, based on program efficiency and fundraising cost.
- How much does Hospital Damas Inc's highest-paid employee make?
- The highest reported compensation on Hospital Damas Inc's latest Form 990 is $1,050,604, paid to Alberto Maldonado (Cardio Surge).
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Data for Hospital Damas Inc (EIN 66-0183310) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.