2024-04-29T11:53:15-04:00 2023-06-30 660388756 RSM PUERTO RICO PO BOX 10528 SAN JUAN PR 009220528 990 2022-07-01 660963647 PLATFORM FOR SOCIAL IMPACT INC PLAT 7872684504 PO BOX 79526 CAROLINA PR 00984 EDUARDO CARRERA CEO 7872684504 2024-05-15 true EDUARDO CARRERA XXX-XX-XXXX false RAFAEL DE ROJAS SANCHEZ P01034935 7877516164 2024-04-29 2022 2023-04-26 12:10:37Z X EDUARDO CARRERA 10882833 false X WWW.IMPACTPR.CO X 2020 PR RAISE CAPITAL TO SUPPORT A DIVERSE PORTFOLIO OF PROGRAMS, ORGANIZATIONS, AND IMPACT-FIRST BUSINESSES OFTEN LET OUT OF TRADITIONAL MARKETS, GENERATE ECONOMIC VALUE WHILE BENEFITING UNDERSERVED COMMUNITIES AND CREATING OPPORTUNITIES FOR SOCIAL MOBILITY. 4 4 6 0 10872904 0 9929 0 10882833 0 0 812647 0 253878 1761641 2574288 8308545 10076675 1948774 8127901 X RAISE CAPITAL TO SUPPORT A DIVERSE PORTFOLIO OF PROGRAMS, ORGANIZATIONS, AND IMPACT-FIRST BUSINESSES OFTEN LET OUT OF TRADITIONAL MARKETS, GENERATE ECONOMIC VALUE WHILE BENEFITING UNDERSERVED COMMUNITIES AND CREATING OPPORTUNITIES FOR SOCIAL MOBILITY. false false 1299854 CAPITAL PROJECTS - IMPLEMENTATION AND MANAGEMENT OF VARIOUS PROJECTS AIMED AT IMPROVING INFRASTRUCTURE, FACILITIES, OR ASSETS WITHIN THE COMMUNITY. DEVELOP, INTERCONNECT, ASSEMBLE PROJECTS WITH SPECIFIC OBJECTIVES, TIMELINES, AND BUDGETS, ALL DESIGNED TO ACHIEVE A COMMON GOAL. 240088 HEALTHCARE - PROVIDE SOCIALLY EQUITABLE, QUALITY HEALTH SERVICES TO UNDERSERVED COMMUNITIES TO IMPROVE HEALTH BY DEVELOPING FINANCIALLY VIABLE AND SUSTAINABLE HEALTH SERVICES INCLUDING PRIMARY PREVENTIVE HEALTH, LABORATORY AND X-RAY SERVICES FOR UNDERSERVED, DENSELY POPULATED, WELL DEFINED GEOGRAPHIC AREAS. 320717 BUSINESS DEVELOPMENT - THE BUSINESS DEVELOPMENT EFFORTS OF PLATFORM FOR SOCIAL IMPACT, INC. (PSI) ENCOMPASS A WIDE RANGE OF INITIATIVES AIMED AT EXPANDING THE ORGANIZATION'S REACH AND IMPACT. THIS INCLUDES EXPLORING OPPORTUNITIES FOR STRATEGIC PARTNERSHIPS, SECURING FUNDING FROM DIVERSE SOURCES, AND DEVELOPING INNOVATIVE FINANCIAL INSTRUMENTS. PSI'S PURSUIT OF CATALYTIC CAPITAL IN PUERTO RICO IS TO DEMONSTRATE THE EXISTENCE OF AN UNTAPPED MARKET FOR IMPACT INVESTMENT IN THE REGION, WITH THE POTENTIAL TO GENERATE THE NECESSARY RESOURCES TO ENSURE THE LONG-TERM SUSTAINABILITY OF PSI'S INITIATIVES AND ECONOMIC MOBILITY FOR FAMILIES. 1860659 true true false false false false false false false false true false true false true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 0 0 false 6 true false false false false false false false false X 4 4 false false false false false false false true true false true true true true true true true true true false false X ERIC TORRES 7872684504 PO BOX 79526 CAROLINA PR 00984 X EDUARDO CARRERA CEO 40.00 X 276865 0 0 JORGE CASTRO CSO 40.00 X 179226 0 0 BERTIL CHAPPUIS BOARD DIRECT 40.00 X 0 0 0 RAFAEL SOMOZA MEMBER 40.00 X 0 0 0 MONICA DE LA TORRE SECRETARY 40.00 X 0 0 0 RAFAEL VELEZ TREASURER 40.00 X 0 0 0 456091 2 false true false GEC RISK ADVISORY 161 W 75TH STREET NEW YORK NY 10023 CONSULTING 123550 CONNECTO SOLUTIONS LLC URB SANTA PAULA CALLE 3 B5 GUAYNABO PR 00969 FINANCIAL 103430 2 107604 50000 10711400 3900 3900 10872904 9929 9929 50000 10882833 9929 812647 513893 229538 69216 401494 249884 93945 57665 2162 2162 10696 10696 31739 15076 2305 14358 7551 7551 7223 7223 ADMINISTRATIVE ALLOCATION 1238628 1056145 95506 86977 TRAINING AND SEMINARS 51323 25661 25662 MISCELLANEOUS EXPENSES 7175 7175 REPAIRS AND MAINTENANCE 2740 2740 910 910 2574288 1860659 459751 253878 983218 5419734 51989 7551 44438 179285 3450000 0 10076675 748774 1200000 0 1948774 X 4877901 3250000 0 8127901 0 10076675 X 8308545 -180644 X false true X true true true X 10872904 10872904 10872904 10872904 10872904 10872904 9929 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51989 7551 44438 44438 RESTRICTED INVESTMENT-OASIS PROJECT 3450000 3450000 OTHER LIABILITIES 1200000 1200000 10702189 10702189 180644 180644 10882833 2574288 2574288 2574288 SCHEDULE D, PAGE 4, PART XI, LINE 4B LOSS IN UNCONSOLIDATED EQUITY SUBSIDIARY 180,644 FUNDRAISING ACT 50000 50000 50000 50000 false false false false false false false false false EDUARDO CARRERA CEO 276865 276865 JORGE CASTRO CSO 179226 179226 FORM 990 - ORGANIZATION'S MISSION RAISE CAPITAL TO SUPPORT A DIVERSE PORTFOLIO OF PROGRAMS, ORGANIZATIONS, AND IMPACT-FIRST BUSINESSES OFTEN LET OUT OF TRADITIONAL MARKETS, GENERATE ECONOMIC VALUE WHILE BENEFITING UNDERSERVED COMMUNITIES AND CREATING OPPORTUNITIES FOR SOCIAL MOBILITY. FORM 990, PAGE 6, PART VI, LINE 11B IT IS RECEIVED AND VERIFIED IN ALL ITS PARTS BY THE LEAD ACCOUNTANT. ONCE VERIFIED, IT IS DISCUSSED AND THE CFO ANALYZES IT IN ALL ITS PARTS AND DISCUSSES IT WITH THE CEO. ONCE A MONTH THE CHIEF FINANCIAL OFFICER, PRIOR TO THE MONTHLY MEETING OF THE BOARD OF DIRECTORS, HOLDS A MEETING WITH THE MEMBER OF THE BOARD WHO IS IN CHARGE OF FINANCIAL MATTERS AT WHICH FORM 990 IS DISCUSSED AND ANALYZED IN ALL ITS PARTS. ONCE THE TOPIC HAS BEEN DISCUSSED, IT IS INCLUDED IN THE AGENDA OF THE NEXT BOARD MEETING AT WHICH IT IS DISCUSSED AND IF THERE IS NO OBJECTION IT IS APPROVED. FORM 990, PAGE 6, PART VI, LINE 12C AS PART OF THE ONBOARDING OF A NEW BOARD MEMBER OR EMPLOYEE, THEY ARE GIVEN A QUESTIONNAIRE TO CONFIRM THAT THERE IS NO CONFLICT OF INTEREST. THIS SAME QUESTIONNAIRE IS GIVEN TO ALL BOARD MEMBERS AND EMPLOYEES TO BE SUBMITTED ANNUALLY ON OR BEFORE JANUARY 31. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE CHAIRMAN'S CONTRACT IS PREPARED, REVIEWED AND ISSUED BY THE BOARD OF DIRECTORS. THIS CONTRACT, APART FROM COMPENSATION, INCLUDES OTHER MATTERS SUCH AS REIMBURSEMENT OF EXPENSES AND FRINGE BENEFITS. THE CFO IS CLEAR IN HIS WORK THAT ANY CHANGE IN THE CONTRACT TO THE EXECUTIVE DIRECTOR'S SALARY HAS TO COME FROM THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO PUBLIC INSPECTION UPON REQUEST. ONCE A WRITTEN REQUEST IS MADE FOR INSPECTION, COORDINATION IS MADE BETWEEN THE ORGANIZATION AND THE REQUESTING PARTY TO FACILITATE THE INSPECTION PROCESS. FORM 990, PART XI, LINE 9 LOSS IN UNCONSOLIDATED EQUITY SUBSIDIARY -180,644