PUERTO RICO COLLEGE OF PHYSICIANS AND SURGEONS Charity Report

Public IRS 990 nonprofit record

PUERTO RICO COLLEGE OF PHYSICIANS AND SURGEONS

EIN 66-0524457 · Professional Societies & Associations - Health Care (E03)

What they do

The Organization (PRCPS) Was Created By Act 77 of 1994 to Promote The Professional Improvement of Its Members, Implement Community Service Programs and Contribute to The Advancement of Medicine and Public Health of Puerto Rico, Including The Defense of Confidentiality In The Physician-patient Relationship and The Discouragement of Unethical Procedures In The Medical Practice.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $17.30 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

15.00%of revenue went to mission work17.3% of expenses · Program services

$86.68spent for every $100 of revenueRevenue covered expenses this year.

34.75%of revenue went to management and office costs40.1% of expenses

$2.96in assets for every $1 spent this yearSome assets cannot be spent right away.

75.8%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $112,800 for CARLOS DIAZ VELEZ MD (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,505,151

Mission workProgram services$525,78715.00% of revenue17.3% of expenses

ManagementOffice and general costs$1,218,14334.75% of revenue40.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$466,95313.32% of revenueShown in gray on the chart

Total expenses$3,038,19886.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 17.3% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 17.3% mission · 40.1% management · 0.0% fundraisingTotal expenses: 86.68% of revenue

2023Expense mix: 32.2% mission · 67.8% management · 0.0% fundraisingTotal expenses: 88.49% of revenue

2021Expense mix: 55.0% mission · 29.6% management · 0.0% fundraisingTotal expenses: 96.06% of revenue

2020Expense mix: 0.0% mission · 36.1% management · 0.0% fundraisingTotal expenses: 66.17% of revenue

Money in and money out

Revenue$3,505,151

Expenses$3,038,198

Annual surplus $466,953 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$525,787 · 17.3% of expenses

Management and office costs$1,218,143 · 40.1% of expenses

See all reported dollar amounts

Revenue$3,505,151

Expenses$3,038,198

Assets$8,999,695

Income$3,505,151

Contributions$2,658,525

Mission work (program services)$525,787

Management and general$1,218,143

Stocks and bonds$1,000,187

Accounting fees$31,824

Investing fees$860

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CARLOS DIAZ VELEZ MDPRESIDENT · 50 hrs/week $112,800

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

CARLOS DIAZ VELEZ MDPRESIDENT

JUAN L ROBLES NIEVES MDDIRECTOR

WILLIAM GARCIA MONTALVO MDTREASURER

VICTOR AROCHO MARTINEZ MDDIRECTOR

RUTH A SANTOS MDDIRECTOR

RAMON PAOLI BRUNODIRECTOR

RAFAEL E PAZ MDDIRECTOR

LUIS A VALLE PEA MDVICE PRESIDENT

LUIS A FLORES MDDIRECTOR

LOURDES RODRIGUEZ GALARZADIRECTOR

ARIEL F GONZALEZ MDDIRECTOR

JOSE M MASSANET MDDIRECTOR

JOSE A PIETRI MDDIRECTOR

ISMAEL MERCADO MDDIRECTOR

HECTOR MARTINEZ MDDIRECTOR

EFRAIN E DEL VALLE MDDIRECTOR

CHARLES JUARBE SANTOS MDDIRECTOR

ARTURO LOPEZ NEGRON MDSECRETARY

About this charity

Recognized since: January 2020
Location: PO BOX 70169, SAN JUAN, PR 00936-8169
In care of: % COLEGIO DE MEDICOS CIRUJANOS DE P
Primary officer: Carlos Diaz Velez, President

How to reach them

WebsiteVisit the charity’s website Phone(787) 751-5979

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CPA MAGALY LEON LLC
NTEE classification: Professional Societies & Associations - Health Care (E03)
IRS tax category: Professional Societies & Associations