BANCO DE DESARROLLO CENTRO ORIENTAL
Cite this
Plain text BANCO DE DESARROLLO CENTRO ORIENTAL. furp.org, nonprofit organization profile, tax years 2023. https://furp.org/org/660703347. Retrieved 2026-10-21.
APA furp.org. (n.d.). BANCO DE DESARROLLO CENTRO ORIENTAL [Nonprofit organization profile; tax years 2023]. Retrieved October 21, 2026, from https://furp.org/org/660703347
MLA “BANCO DE DESARROLLO CENTRO ORIENTAL.” furp.org, tax years 2023, https://furp.org/org/660703347. Accessed 21 Oct. 2026.
Retrieved 2026-10-21; covers tax years 2023. Data: furp.org, CC BY 4.0.
2023 · Form 990 · revenue $186K · expenses $288K · assets $747K
- EIN
- 66-0703347
- Address
- PO BOX 1717, CAGUAS, PR 00726-1717
- NTEE code
- S31
- Subsection
- 501(c)(3)
- Ruling year
- 2024
- Cross-check
- ProPublica Nonprofit Explorer
Mission
To encourage economic development in the central and eastern areas of Puerto Rico through non-depository credit intermediation.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 6 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
6 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| William Miranda Torres | Board Chair | 2023 | 5 | $0 reported | 1 |
| Maria Del Mar Lopez | VP Academic Sector | 2023 | 5 | $0 reported | 1 |
| Carlos Jimenez | VP Entrepreneurial Sec | 2023 | 5 | $0 reported | 1 |
| Manuel Figueroa Collazo | Board Member | 2023 | 5 | $0 reported | 1 |
| Oscar Jimenez | Board Member | 2023 | 5 | $0 reported | 1 |
| Zamia Baerga | Board Member | 2023 | 5 | $0 reported | 1 |
People by year
2023 · 6 people listed · none paid · 2 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| WILLIAM MIRANDA TORRES | Board Chair | 5 | $0 | $0 | $0 | $0 | 1 |
| MARIA DEL MAR LOPEZ | VP Academic Sector | 5 | $0 | $0 | $0 | $0 | 1 |
| CARLOS JIMENEZ | VP Entrepreneurial Sec | 5 | $0 | $0 | $0 | $0 | 1 |
| MANUEL FIGUEROA COLLAZO | Board Member | 5 | $0 | $0 | $0 | $0 | 1 |
| OSCAR JIMENEZ | Board Member | 5 | $0 | $0 | $0 | $0 | 1 |
| ZAMIA BAERGA | Board Member | 5 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2023 · Form 990 | ||||||||
| $185,733 | $287,789 | $747,273 | -$102,056 | $100,000 | $85,733 | - | 2 | - |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| ECHAR PA LANTE INC | PR | S31 | $370,374 | $286,196 | EXECUTIVE DI | $100,000 | Same NTEE code S31, revenue within 2x, same state |
| BRIGHTWOOD DEVELOPMENT CORP | MA | S31 | $326,800 | $396,234 | Chairman | $0 | Same NTEE code S31, revenue within 2x |
| MID-WILLAMETTE VALLEY INTERMODAL CENTER | OR | S31 | $250,422 | $929,031 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x |
| JOHNSTOWN INDUSTRIAL DEVELOPMENT CORPORATION | PA | S31 | $300,167 | $453,338 | FORMER PRESIDENT, CEO | $212,264 | Same NTEE code S31, revenue within 2x, similar mission |
| RICHLAND COUNTY DEVELOPMENT CORPORATION | IL | S31 | $182,955 | $170,339 | DIRECTOR | $66,923 | Same NTEE code S31, revenue within 2x, similar mission |
| COMMUNITY DEVELOPMENT CORPORATION OF THE BLOOMINGTON-NORMAL AREA | IL | S31 | $139,583 | $147,197 | BOARD MEMBER | $0 | Same NTEE code S31, revenue within 2x |
| BARRON COUNTY ECONOMIC DEVELOPMENT CORPORATION | WI | S31 | $169,310 | $177,891 | EXECUTIVE DIRECTOR | $73,430 | Same NTEE code S31, revenue within 2x |
| GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION INC | CA | S31 | $241,514 | $197,066 | President | $0 | Same NTEE code S31, revenue within 2x |
| CUSTER ECONOMIC DEVELOPMENT CORP | NE | S31 | $201,991 | $170,581 | EXECUTIVE DI | $48,000 | Same NTEE code S31, revenue within 2x |
| RIFLE ECONOMIC DEVELOPMENT CORPORATION | CO | S31 | $185,553 | $215,209 | President | $0 | Same NTEE code S31, revenue within 2x |
| HARRISON COUNTY ECONOMIC DEVELOPMENT CORPORATION | WV | S31 | $226,575 | $218,416 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x |
| HAMILTON ECONOMIC DEVELOPMENT CORP | OH | S31 | $146,866 | $138,827 | CHAIR | $0 | Same NTEE code S31, revenue within 2x |
| FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION | IN | S31 | $284,009 | $257,109 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x |
| DUNKIRK LOCAL DEVELOPMENT CORPORATION | NY | S31 | $286,034 | $243,131 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x |
| PLAINFIELD CENTRAL BUSINESS DISTRICT MANAGEMENT CORPORATION | NJ | S31 | $253,657 | $270,173 | Executive Director | $88,846 | Same NTEE code S31, revenue within 2x |
| TIMBER LAKE & AREA DEVELOPMENT INC | SD | S31 | $248,532 | $298,551 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x |
| ROME INDUSTRIAL DEVELOPMENT CORPORATION | NY | S31 | $245,328 | $188,992 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x |
| ATWOOD SECOND CENTURY DEVELOPMENT FUND INC | KS | S31 | $112,440 | $52,674 | EXECUTIVBE DIRECTFPR | $1,000 | Same NTEE code S31, revenue within 2x |
| EAST FALLS DEVELOPMENT CORPORATION | PA | S31 | $251,481 | $251,248 | Exec Director | $77,449 | Same NTEE code S31, revenue within 2x |
| KENTUCKY INDUSTRIAL DEVELOPMENT COUNCIL INC | KY | S31 | $269,003 | $282,337 | Chairman | $0 | Same NTEE code S31, revenue within 2x |
| JACKSON CENTER COMMUNITY IMPROVEMENT CORPORATION | OH | S31 | $190,012 | $18,754 | MEMBER | $0 | Same NTEE code S31, revenue within 2x |
| DOWNTOWN HAZLETON ALLIANCE FOR PROGRESS INC | PA | S31 | $236,659 | $280,066 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x |
| REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSY | PA | S31 | $323,611 | $34,010 | PRESIDENT | $712,374 | Same NTEE code S31, revenue within 2x |
| BURUNDI DEVELOPMENT INITIATIVES | CA | S31 | $112,500 | $105,865 | Chairman | $0 | Same NTEE code S31, revenue within 2x |
| RESURRECTION LIFE COMMUNITY AND ECONOMIC DEVELOPMENT CORPORATION | FL | S31 | $93,109 | $94,056 | ADVISOR | $24,000 | Same NTEE code S31, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2023 · Form 990 · $287,789 spent · pay $114,932 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Fees: management | $103,714 | $103,714 | - | - | 36.0% | |
| Other salaries and wages | $86,954 | - | $86,954 | - | 30.2% | |
| Occupancy | $20,587 | - | $20,587 | - | 7.2% | |
| Other employee benefits | $20,108 | - | $20,108 | - | 7.0% | |
| Fees: accounting | $15,725 | $15,725 | - | - | 5.5% | |
| Interest | $12,469 | - | $12,469 | - | 4.3% | |
| Payroll taxes | $7,870 | - | $7,870 | - | 2.7% | |
| Other (as described) | Utilities | $6,289 | - | $6,289 | - | 2.2% |
| Other (as described) | Bank Charges | $4,869 | - | $4,869 | - | 1.7% |
| Office expenses | $4,340 | - | $4,340 | - | 1.5% | |
| Other (as described) | Repair & Maintenance | $1,896 | - | $1,896 | - | 0.7% |
| Advertising and promotion | $1,400 | $1,400 | - | - | 0.5% | |
| All other expenses | $1,117 | - | $1,117 | - | 0.4% | |
| Insurance | $451 | - | $451 | - | 0.2% | |
| Total | $287,789 | 100% |