2026-03-27T08:20:33-05:00 2024-06-30 660695936 CARLOS E GONZALEZ VARELA CPA PO BOX 266 CAGUAS PR 007260266 990 2023-07-01 660703347 BANCO DE DESARROLLO CENTRO ORIENTAl INC % BRENDALY MARCANO BANC 7873378833 55 Calle Ruiz Belvis Caguas PR 00725 BRENDALY MARCANO Executive Director 7873378833 2026-03-27 false false CARLOS E GONZALEZ P01606658 7877440750 2026-03-27 X 2023 2025-03-06 01:10:19Z BRENDALY MARCANO 55 Calle Ruiz Belvis Caguas PR 00725 185733 false X X 2007 PR Nondepository credit intermediation to support economic development 6 0 2 0 100000 210994 85733 40324 0 0 251318 185733 0 0 112200 114932 0 0 231080 172857 343280 287789 -91962 -102056 1817626 747273 1712010 849329 105616 -102056 To encourage economic development in the central and eastern areas of Puerto Rico through non-depository credit intermediation. false false 120839 100000 85733 During FY2023, BADECO strengthened its role as a key economic develop- ment institution in PR by operating programs focused on improving acc- ess to capital by small and medium businesses, and furthering entre- preneurial education. BADECO participated in the ARPA/PAFE, Capital Access for Rural Areas, Caguas Compite, and SBA Lenders Match - Path to Prosperity programs. It also hosted educational sessions and work- shops to provide financial and entrepreneurial education to founders and college students. 120839 true false false false false false false false true false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 2 true false false false false false false false false false false false false false false false false X 6 0 false false false false false false false true true false false false true true true false true true true false X Banco de Desarrollo Centro Oriental Inc 7873378833 55 Calle Ruiz Belvis Caguas PR 00725 X WILLIAM MIRANDA TORRES Board Chair 5.000 X 0 0 0 MARIA DEL MAR LOPEZ VP Academic Sector 5.000 X 0 0 0 CARLOS JIMENEZ VP Entrepreneurial Sec 5.000 X 0 0 0 MANUEL FIGUEROA COLLAZO Board Member 5.000 X 0 0 0 OSCAR JIMENEZ Board Member 5.000 X 0 0 0 ZAMIA BAERGA Board Member 5.000 X 0 0 0 false false false 100000 100000 Service Fee 522299 54608 54608 Loan Program Interest 522299 26663 26663 Rental Program Income 522299 3600 3600 Origination Other 522299 862 862 85733 0 185733 85733 86954 86954 20108 20108 7870 7870 103714 103714 15725 15725 1400 1400 4340 4340 20587 20587 12469 12469 451 451 Bank Charges 4869 4869 Utilities 6289 6289 Repair & Maintenance 1896 1896 1117 1117 287789 120839 166950 0 389137 34363 900622 100000 442378 431469 69796 69796 85489 181441 1817626 747273 87637 18341 13811 900622 181441 723751 635736 1712010 849329 X 105616 -102056 105616 -102056 1817626 747273 -102056 -105616 X true X true X true false X 100000 100000 262089 210994 85733 558816 262089 210994 185733 658816 658816 38280 40324 78604 38280 40324 78604 300369 251318 185733 737420 0.89341 0.85750 0.10659 0.16050 X false false false false false false true X 69796 69796 Escrow Account 181441 181441 P4, Ln 2 The organization holds funds in escrow for dis- P4, Ln 2 bursement in specific loan programs. Part VI Line 11b The Executive Director reviewed and approved the submission of this form Part VI Line 11b after consultation with accountants, auditors, and lawyers. Part VI Line 19 No, but are available upon request.