2018-05-01T13:42:19-05:00 2017-06-30 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2016-07-01 233047862 216 SOMERSET COMPANY 216S 2157638870 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 DOMINIQUE BERNARDO TREASURER 2157638870 2018-04-26 1 HELEN M MARTIN P01330899 2158818800 64.238.150.4 2018-04-26 03:17:17 ED P F81DCA92B917B4887B7FAF71296E4FB236FABEB0 8E870F8AA4641D255910973FA7AA62547FCD0F0B 2016 2021-01-29 14:40:06Z DOMINIQUE BERNARDO 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 114027 0 X N/A X 2000 PA 216 SOMERSET COMPANY IS ORGANIZED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CONGRESO DE LATINOS UNIDOS, INC. 216 SOMERSET COMPANY WILL ENGAGE IN ACTIVITIES THAT CONGRESO WOULD OTHERWISE ENGAGE IN ON ITS OWN BEHALF, SUCH AS HOLDING TITLE TO AND MANAGING ASSETS FOR THE BENEFIT OF CONGRESO, AND PROVIDING SERVICES, SUCH AS FUNDRAISING, TO SUPPORT CONGRESO'S CHARITABLE AND EDUCATIONAL PROGRAMS. 3 1 0 0 0 0 0 0 81000 81000 0 0 32065 33027 113065 114027 0 0 0 0 0 0 0 0 0 342428 163553 342428 163553 -229363 -49526 1999472 1949946 0 0 1999472 1949946 X 216 SOMERSET COMPANY IS ORGANIZED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CONGRESO DE LATINOS UNIDOS, INC. 216 SOMERSET COMPANY WILL ENGAGE IN ACTIVITIES THAT CONGRESO WOULD OTHERWISE ENGAGE IN ON ITS OWN BEHALF, SUCH AS HOLDING TITLE TO AND MANAGING ASSETS FOR THE BENEFIT OF CONGRESO, AND PROVIDING SERVICES, SUCH AS FUNDRAISING, TO SUPPORT CONGRESO'S CHARITABLE AND EDUCATIONAL PROGRAMS. 0 0 163553 81000 EXEMPT FUNCTION REAL PROPERTY RENTAL TO AFFILIATED ORGANIZATION. 163553 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 X DOMINIQUE BERNARDO TREASURER 2157638870 216 W SOMERSET STREET PHILADELPHIA PA 19133 CAROLINA CABRERA DIGIORGIO BOARD CHAIR & PRESIDENT(THRU 11/9/16) 1.00 36.50 X X 0 0 0 CYNTHIA FIGUEROA BOARD MEMBER (THRU 8/10/16) 1.00 36.50 X 0 169758 4997 DOMINIQUE BERNARDO TREASURER 1.00 36.50 X X 0 166543 10673 SYBILLE DAMAS BURKE SECRETARY 1.00 36.50 X X 0 132500 12509 FERNANDO MENDEZ BOARD CHAIR & PRESIDENT(EFF 11/9/16) 1.00 3.00 X X 0 0 0 0 468801 28179 0 0 1 0 0 RENTAL INCOME 531120 81000 81000 81000 33027 0 33027 33027 33027 114027 81000 0 33027 163553 163553 163553 163553 0 0 6320112 5165068 1318597 1155044 680875 794902 1999472 1949946 0 0 X 1999472 1949946 1999472 1949946 1999472 1949946 -49526 0 X 0 1 X 1 0 X X 1 CONGRESO DE LATINOS UNIDOS INC 232051143 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 6320112 5165068 1155044 1155044 DUE FROM AFFILIATES - CONGRESO DE LATINOS UNIDOS, INC. 794902 794902 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED CONGRESO DE LATINOS UNIDOS, INC., 2800 AMERICAN STREET COMPANY, 216 SOMERSET COMPANY AND PAN AMERICAN ACADEMY CHARTER SCHOOL AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS ORGANIZATIONS, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS AS DEFINED IN SECTION 509(A) OF THE CODE. CONGRESO BUSINESS SERVICES LLC IS A LIMITED LIABILITY COMPANY WHOSE SOLE MEMBER IS AN EXEMPT ORGANIZATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2017 OR 2016. BECAUSE CONGRESO DE LATINOS UNIDOS, INC. IS THE SOLE MEMBER OF CONGRESO BUSINESS SERVICES LLC, THIS LLC IS INCLUDED IN CONGRESO DE LATINOS UNIDOS, INC.'S TAX RETURN. 0 0 0 0 0 0 0 0 0 CYNTHIA FIGUEROA BOARD MEMBER (THRU 8/10/16) 0 169758 0 0 0 0 0 4597 0 400 0 174755 0 0 DOMINIQUE BERNARDO TREASURER 0 166543 0 0 0 0 0 7070 0 3603 0 177216 0 0 PART I, LINE 3 COMPENSATION PROCEDURES ALL COMPENSATION IS PAID BY A RELATED ORGANIZATION, CONGRESO DE LATINOS UNIDOS, INC. FORM 990, PART VI, SECTION A, LINE 6 CONGRESO DE LATINOS UNIDOS, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A CONGRESO DE LATINOS UNIDOS, INC. APPOINTS THE DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE APPROVAL OF CONGRESO DE LATINOS UNIDOS, INC. IS REQUIRED FOR ANY OF THE FOLLOWING ACTIONS BY THE ORGANIZATION: (A) ANY MERGER, DISSOLUTION, OR LIQUIDATION; (B) ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS; (C) THE SALES, PLEDGE, LEASE (BUT ONLY A LEASE FROM THE ORGANIZATION OF SUBSTANTIALLY ALL OF THE CORPORATION'S REAL PROPERTY), OR OTHER TRANSFER OF ASSETS OTHER THAN TRANSACTIONS OCCURRING IN THE ORDINARY COURSE OF BUSINESS; (D) THE ADOPTION OF THE CORPORATION'S ANNUAL CAPITAL AND OPERATING BUDGETS; (E) THE ISSUANCE OR ASSUMPTION OF ANY INDEBTEDNESS IN EXCESS OF FIFTY THOUSAND DOLLARS ($50,000); AND (F) THE EXECUTION OF ANY CONTRACT PROVIDING FOR THE MANAGEMENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY ALL MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTORS, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS DIRECT OR INDIRECT FINANCIAL INTEREST, IS AN INTERESTED PERSON AND COVERED UNDER THE CONFLICT OF INTEREST POLICY. ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST MUST BE DISCLOSED TO THE GOVERNING BODY OF THE BOARD. AFTER DISCLOSURE AND DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED ON. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, AND THE COMPANY CANNOT OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE INTERESTED PERSON WILL BE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS PAID BY A RELATED ORGANIZATION, CONGRESO DE LATINOS UNIDOS, INC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, AND 1023 APPLICATION AVAILABLE TO THE PUBLIC UPON REQUEST. CONGRESO DE LATINOS UNIDOS INC 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 232051143 SOCIAL SERVICES PA 501(C)(3) LINE 7 CONGRESO DE LATINOS UNIDOS INC 0 2800 AMERICAN STREET COMPANY 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 542152662 SUPPORTING CONGRESO DE LATINOS UNIDOS PA 501(C)(3) LINE 12A, I CONGRESO DE LATINOS UNIDOS INC 0 PAN AMERICAN ACADEMY CHARTER SCHOOL 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 262133132 SCHOOL FOR GRADES K-8 PA 501(C)(3) LINE 2 CONGRESO DE LATINOS UNIDOS INC 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0