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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$2M
Program Spending
81%
of total expenses go to program services
Total Contributions
$786.6K
Total Expenses
▼$2M
Total Assets
$1.6M
Total Liabilities
▼$753.4K
Net Assets
$840.9K
Officer Compensation
→$133.2K
Other Salaries
$105.5K
Investment Income
$4,275
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$6.6M
Awards Found
7
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | FY21 MBDA BUSINESS CENTER IN SAN JUAN PUERTO RICO | $1.8M | FY2021 | Jul 2021 – Apr 2025 |
| Department of Commerce | PROPOSAL TO OPERATE THE SAN JUAN, PUERTO RICO MBDA CENTER | $1.8M | FY2016 | Apr 2016 – Jun 2021 |
| Department of Commerce | MBDA BUSINESS CENTER - PUERTO RICO | $1.4M | FY2011 | Apr 2011 – Mar 2016 |
| Department of Commerce | MINORITY BUSINESS ENTERPRISE CENTER | $525.1K | FY2007 | Jan 2007 – Mar 2011 |
| Department of Commerce | THE MINORITY BUSINESS DEVELOPMENT AGENCY WILL USE THE CORONAVIRUS RESPONSE AND RELIEF FUNDING TO SERVE AND PROVIDE A MORE COMPREHENSIVE RELIEF TO MINORITY BUSINESS ENTERPRISES TO PREVENT, PREPARE FOR, AND RESPOND TO EFFECTS OF COVID-19. SUCH ASSISTANCE WILL INCLUDE TECHNICAL ASSISTANCE, TRAINING, EDUCATION, AND ADVISORY SERVICES TO MINORITY BUSINESS ENTERPRISES. THE PERFORMANCE GOALS AND METRICS INCLUDE: NUMBER OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19 THAT ARE ASSISTED BY THE BUSINESS CENTER; NUMBER OF MINORITY BUSINESS ENTERPRISES INFORMED AND/OR REFERRED BY THE BUSINESS CENTER TO COVID-RELATED LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS; NUMBER OF MBE APPLICATIONS SUBMITTED TO LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS AS A RESULT OF BUSINESS CENTER ASSISTANCE; NUMBER OF AWARDS ISSUED BY LOCAL, STATE, AND FEDERAL PROGRAMS TO MINORITY BUSINESS ENTERPRISES ASSISTED BY THE BUSINESS CENTER; AND NUMBER AND TYPE (SMALL, MEDIUM, LARGE, ) OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19, IN ECONOMICALLY DISTRESSED AREAS, ASSISTED BY THE BUSINESS CENTER. | $496.6K | FY2021 | Jul 2021 – Jun 2022 |
| Department of Commerce | PROPOSAL TO PROVIDE DISASTER READINESS ASSISTANCE TO THE PUERTO RICO BUSINESS COMMUNITY TO PREPARE AHEAD OF NATURAL DISASTERS TO BE ABLE TO RESPOND TO CONTRACT OPPORTUNITIES. | $273.8K | FY2018 | Sep 2018 – Aug 2019 |
| Department of Commerce | PROPOSAL TO PROVIDE ASSISTANCE TO THE SMALL AND MINORITY BUSINESSES IN PUERTO RICO TO PREVENT, PREPARE FOR, AND RESPOND TO THE CORONAVIRUS CRISIS THROUGH TECHNICAL ASSISTANCE, TRAININGS AND ADVISORY | $259.3K | FY2020 | Jun 2020 – May 2021 |
Department of Commerce
$1.8M
FY21 MBDA BUSINESS CENTER IN SAN JUAN PUERTO RICO
Department of Commerce
$1.8M
PROPOSAL TO OPERATE THE SAN JUAN, PUERTO RICO MBDA CENTER
Department of Commerce
$1.4M
MBDA BUSINESS CENTER - PUERTO RICO
Department of Commerce
$525.1K
MINORITY BUSINESS ENTERPRISE CENTER
Department of Commerce
$496.6K
THE MINORITY BUSINESS DEVELOPMENT AGENCY WILL USE THE CORONAVIRUS RESPONSE AND RELIEF FUNDING TO SERVE AND PROVIDE A MORE COMPREHENSIVE RELIEF TO MINORITY BUSINESS ENTERPRISES TO PREVENT, PREPARE FOR, AND RESPOND TO EFFECTS OF COVID-19. SUCH ASSISTANCE WILL INCLUDE TECHNICAL ASSISTANCE, TRAINING, EDUCATION, AND ADVISORY SERVICES TO MINORITY BUSINESS ENTERPRISES. THE PERFORMANCE GOALS AND METRICS INCLUDE: NUMBER OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19 THAT ARE ASSISTED BY THE BUSINESS CENTER; NUMBER OF MINORITY BUSINESS ENTERPRISES INFORMED AND/OR REFERRED BY THE BUSINESS CENTER TO COVID-RELATED LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS; NUMBER OF MBE APPLICATIONS SUBMITTED TO LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS AS A RESULT OF BUSINESS CENTER ASSISTANCE; NUMBER OF AWARDS ISSUED BY LOCAL, STATE, AND FEDERAL PROGRAMS TO MINORITY BUSINESS ENTERPRISES ASSISTED BY THE BUSINESS CENTER; AND NUMBER AND TYPE (SMALL, MEDIUM, LARGE, ) OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19, IN ECONOMICALLY DISTRESSED AREAS, ASSISTED BY THE BUSINESS CENTER.
Department of Commerce
$273.8K
PROPOSAL TO PROVIDE DISASTER READINESS ASSISTANCE TO THE PUERTO RICO BUSINESS COMMUNITY TO PREPARE AHEAD OF NATURAL DISASTERS TO BE ABLE TO RESPOND TO CONTRACT OPPORTUNITIES.
Department of Commerce
$259.3K
PROPOSAL TO PROVIDE ASSISTANCE TO THE SMALL AND MINORITY BUSINESSES IN PUERTO RICO TO PREVENT, PREPARE FOR, AND RESPOND TO THE CORONAVIRUS CRISIS THROUGH TECHNICAL ASSISTANCE, TRAININGS AND ADVISORY
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $2M | $786.6K | $2M | $1.6M | $840.9K |
| 2022 | $2M | $1M | $1.8M | $1.6M | $807.8K |
| 2021 | $1.4M | $785.6K | $1.3M | $998.4K | $623.2K |
| 2020 | $1.5M | $704.7K | $1.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | Data |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
| Total |
|---|
| Teresa Berrios | Executive Director | 40 | $72K | $0 | $0 | $72K |
| Carmen Ramirez | Administrator | 40 | $50.3K | $0 | $5,400 | $55.7K |
| Marta Rodriguez | Treasurer | 8 | $0 | $0 | $0 | $0 |
| Jorge Ramirez | Director | 8 | $0 | $0 | $0 | $0 |
| Salvador Ramirez Cardona | Secretary | 8 | $0 | $0 | $0 | $0 |
Teresa Berrios
Executive Director
$72K
Hrs/Wk
40
Compensation
$72K
Related Orgs
$0
Other
$0
Carmen Ramirez
Administrator
$55.7K
Hrs/Wk
40
Compensation
$50.3K
Related Orgs
$0
Other
$5,400
Marta Rodriguez
Treasurer
$0
Hrs/Wk
8
Compensation
$0
Related Orgs
$0
Other
$0
Jorge Ramirez
Director
$0
Hrs/Wk
8
Compensation
$0
Related Orgs
$0
Other
$0
Salvador Ramirez Cardona
Secretary
$0
Hrs/Wk
8
Compensation
$0
Related Orgs
$0
Other
$0
| $943.1K |
| $516.7K |
| 2019 | $1.4M | $779K | $1.3M | $844.4K | $522.1K |
| 2018 | $893.2K | $599.4K | $881.4K | $953.3K | $498.5K |
| 2017 | $1.3M | $591.8K | $1.1M | $790.2K | $496.3K |
| 2016 | $1M | $682.3K | $996.4K | $661.6K | $441.5K |
| 2015 | $1.1M | $553.7K | $1.1M | $544.9K | $404.2K |
| 2014 | $1.2M | $473K | $1.1M | $514.4K | $355.1K |
| 2013 | $879.3K | $379.8K | $808.5K | $532.5K | $370.2K |
| 2012 | $879.8K | $332.7K | $881.8K | $425.2K | $312K |
| 2011 | $946.7K | $348.4K | $849.4K | $476.9K | $294.2K |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |