2016-05-12T06:36:04-05:00 2015-06-30 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2014-07-01 233047862 216 SOMERSET COMPANY 216S 2157638870 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 CYNTHIA FIGUEROA PRESIDENT/CEO, CONGRESO 2157638870 2016-05-06 1 HELEN M MARTIN P01330899 2158818800 2014 2016-08-17 19:52:53Z CYNTHIA FIGUEROA 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 112131 0 X N/A X 2000 PA TO ACT AS A SUPPORTING ORGANIZATION TO CONGRESO DE LATINOS UNIDOS, INC., INCLUDING, BUT NOT LIMITED TO, BY HOLDING AND MANAGING PROPERTY ON BEHALF OF THE ORGANIZATION. 3 1 0 0 0 0 0 0 81000 81000 0 0 35599 31131 116599 112131 0 0 0 0 0 0 0 0 0 358733 342428 358733 342428 -242134 -230297 2459132 2228835 0 0 2459132 2228835 TO ACT AS A SUPPORTING ORGANIZATION TO CONGRESO DE LATINOS UNIDOS, INC., INCLUDING, BUT NOT LIMITED TO, BY HOLDING AND MANAGING PROPERTY ON BEHALF OF THE ORGANIZATION. 0 0 342428 81000 EXEMPT FUNCTION REAL PROPERTY RENTAL TO AFFILIATED ORGANIZATION. 342428 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 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 CFO 2157638870 216 W SOMERSET STREET PHILADELPHIA PA 19133 CAROLINA CABRERA DIGIORGIO PRESIDENT 1.00 3.00 X X 0 0 0 CYNTHIA FIGUEROA SECRETARY 1.00 36.50 X X 0 221200 6321 DOMINIQUE BERNARDO TREASURER 1.00 36.50 X X 0 103028 2341 0 324228 8662 0 0 1 0 0 RENTAL INCOME 531120 81000 81000 81000 31131 0 31131 31131 31131 112131 81000 0 31131 342428 342428 342428 342428 0 0 6320112 4659087 1969026 1661025 490106 567810 2459132 2228835 0 0 X 2459132 2228835 2459132 2228835 2459132 2228835 -230297 0 X 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 4659087 1661025 1661025 DUE FROM AFFILIATES - CONGRESO DE LATINOS UNIDOS, INC. 567810 567810 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF 216 SOMERSET COMPANY 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 UNCERTAIN TAX POSITIONS TAKEN BY 216 SOMERSET COMPANY AND HAS CONCLUDED THAT AS OF JUNE 30, 2015, 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. 216 SOMERSET COMPANY RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEAR ENDED JUNE 30, 2015. 0 0 0 0 0 0 0 0 0 CYNTHIA FIGUEROA SECRETARY 0 210000 0 10000 0 1200 0 6321 0 0 0 227521 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 11 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. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBLITY FOR SELECTION OF AN INDEPENDENT ACCOUNTANT, AS WELL AS OVERSIGHT OF THE AUDIT. THIS REMAINS UNCHANGED FROM THE PRIOR YEAR. CONGRESO DE LATINOS UNIDOS INC 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 232051143 SOCIAL SERVICES PA 501(C)(3) LINE 7 0 2800 AMERICAN STREET COMPANY 216 WEST SOMERSET STREET PHILADELPHIA PA 19133 542152662 REAL ESTATE PA 501(C)(3) LINE 11A, I 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 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0