Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico
Only 58% goes to programs $0 to raise $100 Strong reserves Growing revenue
Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico is a 501(c)(3) organization based in San Juan, Puerto Rico, registered in 1981, with $112,831,708 in FY2023 revenue. CharityIndex grades it B+, and it directs about 58% of spending to programs.
Po Box 191227, San Juan, PR, 00919 EIN 66-0178704 Since 1981
Revenue (FY2023)
$112.8M
▲ 162.2% vs prior year
Health median: $840K
Expenses (FY2023)
$95.0M
Net assets
$169.3M
Employees
573
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating58% 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 Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico: 58% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +16% 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 Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico: 21 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Sociedad espaola de auxilio mutuo y beneficencia de puerto rico (the company) had been previously filing as a 501 (c) (3) organization. on april 29, 1992 a new nonprofit organization was created to continue providing the hospital and health care services previously provided under the legal name of the company. on august 20, 1992 this change was reported to the exempt organizations branch of the internal revenue service. the irs was informed that the company would become a controlling affiliate that would owned the real property and would transfer its funds (income less expenses) for use in a manner consistent with the exemption. on september 30, 1992 the irs informed that the company is not required to file a new application for tax exemption as a title holding corporation. the company also administers a health plan under which individuals in the community (without exceptions) may become members with the right to receive hospital and health care services at the facilities of hospital e
What they do
Provide hospital and health care services.
Contact & location
- Address
- Po Box 191227, San Juan, PR, 00919
- City
- San Juan
- State
- Puerto Rico
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $31.3M (FY2013) to $112.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $125.1MNet assets $169.3M
Operating margin
15.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$294.4M
Total liabilities
$125.1M
Net assets
$169.3M
Salaries & benefits
$26.9M
28% of expenses
Board members
28
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $112,831,708▲162% | $94,960,256▲136% | $169,264,253▲13.9% | $294,358,007▲31.3% | 990 |
| 2022 | $43,031,376▲3.4% | $40,158,975▲2.4% | $148,656,127▲2.1% | $224,233,502▲1.4% | 990 |
| 2021 | $41,635,259▼3.0% | $39,199,529▼0.3% | $145,564,735▼1.0% | $221,119,442▲6.6% | 990 |
| 2020 | $42,942,928▼3.0% | $39,305,018▼0.8% | $147,071,259▲1.7% | $207,394,856▼0.5% | 990 |
| 2019 | $44,251,069▼9.9% | $39,607,436▼1.0% | $144,585,615▲3.7% | $208,508,725▲0.3% | 990 |
| 2018 | $49,135,739▲17.0% | $39,989,295▲0.9% | $139,384,029▲30.8% | $207,876,478▲10.2% | 990 |
| 2017 | $42,008,225▲7.6% | $39,634,211▲14.0% | $106,554,567▲0.8% | $188,573,281▼1.6% | 990 |
| 2016 | $39,054,862▲5.0% | $34,782,022▲2.0% | $105,697,997▲3.3% | $191,568,637▼1.1% | 990 |
| 2015 | $37,179,680▲9.3% | $34,089,236▲5.0% | $102,289,884▲3.7% | $193,656,833▼10.0% | 990 |
| 2014 | $34,006,612▲8.5% | $32,477,775▲10.5% | $98,680,895▲1.7% | $215,240,012▼1.7% | 990 |
| 2013 | $31,341,454 | $29,394,964▲11.2% | $96,993,371▲2.5% | $218,961,918▲0.4% | 990 |
| 2012 | — | $26,433,560▼0.3% | $94,659,141▲2.9% | $218,046,893▲1.2% | 990 |
| 2011 | — | $26,525,398▼9.8% | $91,966,592▲3.6% | $215,369,469▲0.4% | 990 |
| 2010 | — | $29,419,281▲15.0% | $88,751,594▼1.4% | $214,453,496▲22.7% | 990 |
| 2009 | — | $25,577,862 | $90,057,156 | $174,795,074 | 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 (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adolfo Trapote Carln | Vice - Presi | — | — |
| Alfredo Vincenty Heres | Vowels | — | — |
| Angel Cocero Snchez | Vice- Presid | — | — |
| Bernardo Busto Prez | Vowels | — | — |
| Casimiro De La Torre Pampliega | Secretary | — | — |
| Cesar Santos Rivera | Vowels | — | — |
| Eloy Gutierrez Fernndez | Vowels | — | — |
| Emilio Torres Antuano | Vowels | — | — |
| Enrique Fierres Gonzlez | President | — | — |
| Fernando Del Llano Sobrino | Sub-treasure | — | — |
| Francisco Carballo Losada | Vice-preside | — | — |
| Jess Vargas Domnguez | Vowel | — | — |
| Jesus M Lopez Arguello | Vowels | — | — |
| Joaquin Quioy Ortiz | Vowels | — | — |
| Jose Gil-rodrigo Montaner | Vowels | — | — |
| Jose M Gmez Len | Vp & Treasur | — | — |
| Jos Vargas Rodrguez | Vowels | — | — |
| Juan Bauza Lopez De Azua | Vowels | — | — |
| Juan Leizn Lpez | Vice-preside | — | — |
| Juan M Alverez Cartaa | Vowels | — | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Corporacion Espaola Serv Clinicos | Medical Service | $5,434,339 |
| Sg Construction | Construction | $1,244,321 |
| Oncology & Body | Radiology | $885,972 |
| Aa Construction | Construction | $864,487 |
| Emcg Construction | Construction | $832,038 |
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Compare Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico
Frequently asked questions
- Is Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico a legitimate nonprofit?
- Yes. Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0178704, based in San Juan, Puerto Rico. Donations are tax-deductible.
- What is Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico's EIN?
- Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico's Employer Identification Number (EIN) is 66-0178704.
- How much revenue does Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico report?
- Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico reported $112,831,708 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico's spending goes to programs?
- Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico spends about 58% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico have?
- CharityIndex grades Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico B+, based on program efficiency and fundraising cost.
- How much does Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico's highest-paid employee make?
- The highest reported compensation on Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico's latest Form 990 is $0, paid to Adolfo Trapote Carln (Vice - Presi).
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Data for Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico (EIN 66-0178704) 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.