Fondo Permanente Para La Administracion Operacion Y
Donations deductibleRevenue
$10.7m
year to 31 December 2024
Expenses
$11.8m
year to 31 December 2024
Total assets
$25.2m
$1.1m liabilities
Net assets
$24.2m
assets less liabilities
Directors and trustees
13
4.5y av
Staff
129
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
5
named in Part VII
Fondo Permanente Para La Administracion Operacion Y's network
13 people2 organisationsi13 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (13). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
13 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 11 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Beverly Ramos | Director/Mem | 2022 | 4 yrs |
| Carlos J Beltran | Director/Mem | 2022 | 4 yrs |
| Eduardo Amy | Director/Mem | 2022 | 4 yrs |
| Fernando Fagundo | Director/Mem | 2022 | 4 yrs |
| Gretchen Scale | Director/Mem | 2022 | 4 yrs |
| Hector Lopez | Director/Mem | 2022 | 4 yrs |
| Jose Portela | Director/Mem | 2022 | 4 yrs |
| Luisette Sanchez | Director of | 2023 | 3 yrs |
| Richard Carrion | President | 2021 | 5 yrs |
| Samuel Cespedes | Company secretary | 2021 | 5 yrs |
| Sara Rosario | Director/Mem | 2022 | 4 yrs |
| Victor Ruiz | Director/Mem | 2022 | 4 yrs |
| Yanira Morales | HR Director | 2022 | 4 yrs |
Officers and senior leadership
5 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Carmen Cartagena | Academic Dir | since 2021 |
| Jorge Rendon | Executive Di | since 2022 |
| Pedro Rojas | Operations D | since 2021 |
| Ramon Alvarez | Executive Di | 2021 |
| Yanira Morales | HR Director | 2021 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Luisette Sanchez | Director of | $0 | |||
| Jorge Rendon | Executive Di | $0 | |||
| Yanira Morales | HR Director | $0 | |||
| Carmen Cartagena | Academic Dir | $0 | |||
| Pedro Rojas | Operations D | $0 | |||
| Samuel Cespedes | Secretary | $0 | |||
| Richard Carrion | President | $0 | |||
| Sara Rosario | Director/Mem | $0 | |||
| Carlos J Beltran | Director/Mem | $0 | |||
| Victor Ruiz | Director/Mem | $0 | |||
| Eduardo Amy | Director/Mem | $0 | |||
| Hector Lopez | Director/Mem | $0 | |||
| Jose Portela | Director/Mem | $0 | |||
| Fernando Fagundo | Director/Mem | $0 | |||
| Gretchen Scale | Director/Mem | $0 | |||
| Beverly Ramos | Director/Mem | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Fondo Permanente Para la Administracion Operacion Y
- EIN
- 660630488
- Address
- Sector Rabo del Buey Pr-712 Km, Salinas, PR, 00751
- State
- Puerto Rico
- Mission
- The mission of the organization is to provide and to maintain the level required for the training of puerto rico's high perfomance athletes. (as filed on the Form 990)
- Activity (NTEE)
- N40 Recreation and sports
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Recreation & Sports
- Size band
- 8 (IRS master file code)
- Formed
- 1992
- Principal officer
- Jorge Rendon (as named on the Form 990)
- IRS ruling date
- 1 July 2021
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 4, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥5years on the filingsRichard Carrion
≥5years on the filingsSamuel Cespedes
≥4years on the filingsBeverly Ramos
≥4years on the filingsCarlos J Beltran
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $25.2m
- Total liabilities
- $1.1m
- Net assets or fund balances
- $24.2m
- Contributions and grants received
- $4.6m
- Program service revenue
- $734k
- Grants and similar paid out
- $792k
- Employees
- 129
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $10.7m | $11.8m | Deficit $1.1m |
As filed on the IRS Form 990. US dollars.
Grants paid
2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Comite Olimpico Puerto Rico | Service & use/rent | $617k |
| Salud Deportiva | Facilities use/rent | $175k |