EIN 47-0863848

Alma Financial Assistance Corporation

IRS 501(c) type
501(c)(3)
Num. employees
12
State
Year formed
2004
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Alma Financial Assistance Corporation provides credit counseling services and aims to educate participants and the general public of Puerto Rico on consumer budgeting, buying practices, and managing debt for better financial understanding. The effects of the 2020 pandemic outbreak continued to disrupt community activities in Puerto Rico during fiscal year 2021-2022, limiting consumer attendance at public gatherings and educational programs.
Total revenues
$396,022
2023
Total expenses
$381,985
2023
Total assets
$43,343
2023
Num. employees
12
2023

Program areas at Alma Financial Assistance Corporation

During fiscal year 2022-2023, the effects of the 2020 pandemic outbreak continued to have a disruptive effect on the community activities of the corporation in puerto rico. To cope with the restrictions that were put in place during the pandemic and there on, following the pandemic the corporation changed its community outreach from in person community Financial educational activities such as workshops, seminars, classes, to providing its Financial education on line, through educational materials. The corporation has made available free educational materials to the consumers in puerto rico through its website, and videos placed in social media. Individual consumer counseling sessions have been mainly provided through telephone sessions and video conferences, to the consumers that have contacted the corporation for help with their Financial situations. Alma's website educational materials have been accessed by 1,011 new users during the 2022-2023 period and it has provided Financial counseling services by telephone to 810 consumers during the same period.

Personnel at Alma Financial Assistance Corporation

NameTitleCompensation
Alberto LarreaExecutive Director$149,724
Ruben SandovalFinance Director$82,312

Financials for Alma Financial Assistance Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$396,022
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$396,022

Form 990s for Alma Financial Assistance Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-04-27990View PDF
2019-062020-09-29990View PDF
...and 9 more Form 990s
Data update history
July 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 1, 2021
Posted financials
Added Form 990 for fiscal year 2020
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Human service organizationsFamily service centersCharities
Issues
EducationHuman services
Characteristics
Operates internationallyTax deductible donationsAccepts online donations
General information
Address
1761 W Hillsboro Blvd 103
Deerfield Beach, FL 33442
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Broward County, FL
Website URL
almafinancial.com/ 
Phone
(954) 421-9506
IRS details
EIN
47-0863848
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P60: Emergency Assistance
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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