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HOSPITAL DAMAS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HOSPITAL DAMAS INC (EIN 66-0183310)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202533219349321303
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T17:22:23-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN660703468PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GALINDEZ LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 364152AddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP009364152ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN660183310EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOSPITAL DAMAS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOSPBusinessNameControlTxt
Phone7878408686PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12213 PONCE BY PASSAddressLine1Txt
CityPONCECityNm
State AbbreviationPRStateAbbreviationCd
ZIP007171318ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLOS PORRATA VEGAPersonNm
Person TitleCFOPersonTitleTxt
Phone7878408686PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYELITZA LOPEZ RIVERAPreparerPersonNm
PTINP00965097PTIN
Phone7877254545PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPEDRO F BAREZ CLAVELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12213 PONCE BY PASSAddressLine1Txt
CityPONCECityNm
State AbbreviationPRStateAbbreviationCd
ZIP007171318ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$77,074,774GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HOSPITALDAMAS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StatePRLegalDomicileStateCd
Activity Or MissionPROVIDE HEALTH SERVICES OF THE HIGHEST QUALITY TO OUR COMMUNITY, IN A SAFE ENVIRONMENT AND FRAMED IN A HUMAN-CHRISTIAN PHILOSOPHY.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee748TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$507,030PYContributionsGrantsAmt
CY Contributions Grants$282,826CYContributionsGrantsAmt
PY Program Service Revenue$68,540,618PYProgramServiceRevenueAmt
CY Program Service Revenue$69,394,942CYProgramServiceRevenueAmt
PY Investment Income$376,489PYInvestmentIncomeAmt
CY Investment Income$272,436CYInvestmentIncomeAmt
PY Other Revenue$3,887,804PYOtherRevenueAmt
CY Other Revenue$4,061,831CYOtherRevenueAmt
PY Total Revenue$73,311,941PYTotalRevenueAmt
CY Total Revenue$74,012,035CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$28,695,563PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$28,209,216CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$48,721,671PYOtherExpensesAmt
CY Other Expenses$48,525,678CYOtherExpensesAmt
PY Total Expenses$77,417,234PYTotalExpensesAmt
CY Total Expenses$76,734,894CYTotalExpensesAmt
PY Revenues Less Expenses-$4,105,293PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,722,859CYRevenuesLessExpensesAmt
Total Assets BOY$49,455,208TotalAssetsBOYAmt
Total Assets EOY$48,038,291TotalAssetsEOYAmt
Total Liabilities BOY$9,998,233TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,983,204TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$39,456,975NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$37,055,087NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE HEALTH SERVICES OF THE HIGHEST QUALITY TO OUR COMMUNITY, IN A SAFE ENVIRONMENT AND FRAMED IN A HUMAN-CHRISTIAN PHILOSOPHY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$56,231,404ExpenseAmt
Revenue$73,456,773RevenueAmt
DescPATIENT CARE - GENERAL ACUTE CARE HOSPITAL PROVIDING CRITICAL CARE, GENERAL MEDICAL AND SKILLED NURSING SERVICES. THE ORGANIZATION HAS FIVE MAJOR CLINICAL DEPARTMENTS AND PROVIDES A VARIETY OF IN-PATIENT AND OUT- PATIENT DIAGNOSTIC AND THERAPEUTIC SERVICES. FOR THE YEAR ENDED DECEMBER 31, 2024, HOSPITAL INPATIENT ADMISSIONS WERE 5,364 . PATIENT DAYS AMOUNTED TO 31,890.Desc
Total Program Service Expenses$56,231,404TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalYes (true)OperateHospitalInd
Audited Financial Stmt AttYes (true)AuditedFinancialStmtAttInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee748EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCARLOS PORRATA VEGAPersonNm
Phone7878408686PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12213 PONCE BY PASSAddressLine1Txt
CityPONCECityNm
State AbbreviationPRStateAbbreviationCd
ZIP00717ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ALBERTO MALDONADO
CARDIO SURGE40.00Yes (X)$1,050,604$0$0
JESSE ALEMAN
PULMONOLOGIS40.00Yes (X)$324,580$0$0
PEDRO F BAREZ CLAVELL
CEO40.00$191,642$0$0Yes (X)
JESSICA ABREU GARCA
NEUROLOGIST40.00Yes (X)$180,599$0$0
DARIEL IRIZARY
INFECTIONS D40.00Yes (X)$180,599$0$0
RAFAEL ROS RIVERA
RHEUMATOLOGI40.00Yes (X)$180,599$0$0
MIGUEL MAGRANER SUREZ
MEDICAL DIRE40.00$140,600$0$0Yes (X)
JULIO COLN RIVERA
FINANCE DIRE40.00$99,914$0$16,500Yes (X)
GILBERTO CUEVAS
HR DIRECTOR40.00$80,983$0$747Yes (X)
NILDA J ZAPATA MOLINA
DIRECTOR8.00$48,000$0$0Yes (X)
MARIANO MCCONNIE ANGEL
DIRECTOR8.00$0$0$0Yes (X)
CARLOS J ROVIRA ARBONA
PRESIDENT8.00$0$0$0Yes (X)
EMILIO R VENEGAS GARDN
DIRECTOR8.00$0$0$0Yes (X)
HECTOR SANTINI OLIVERI
DIRECTOR8.00$0$0$0Yes (X)
GLADYSMARIA FIGUEROA RUBERO
DIRECTOR8.00$0$0$0Yes (X)
JORGE R MARTN SURIA
VP & SECRETA8.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,478,120TotalReportableCompFromOrgAmt
Total Other Compensation$17,247TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
SERRALLES CONSTRUCTION CORP
BO VALLAS TORRES SOLAR 300PONCEPR00715CONSTRUCTION$1,854,338
PRIME JANITORIAL SERVICES CORP
PO BOX 759PONCEPR00716MAINTENANCE$1,040,414
DR PEDRO N FARINACCI
PMB 128 BOX 2000PONCEPR00715MEDICAL SERVICE$973,129
MEDICAL INFORMATION TECHNOLOGY
7 BLUE HILL RIVER RDCANTONMA02021IT SERVICES$872,764
CIRACET CORP
SUITE 201PONCEPR00717IT SERVICES$861,0202831 BLVD LUIS A FERRE
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K22CntrctRcvdGreaterThan100KCnt
Government Grants$277,826GovernmentGrantsAmt
All Other Contributions$5,000AllOtherContributionsAmt
Total Contributions$282,826TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPATIENT SERVICE REVENUEDesc
Business621990BusinessCd
Total Revenue Column$69,394,942TotalRevenueColumnAmt
Related Or Exempt Func Income$69,394,942RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$69,394,942TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$272,436TotalRevenueColumnAmt
Exclusion$272,436ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,062,739SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,062,739SecuritiesAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PHARMACY621110$1,911,721$1,911,721
RENT$1,324,030$1,324,030
HOSP. PANAMERICANO SERVICES$591,513$591,513

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$234,567TotalRevenueColumnAmt
Related Or Exempt Func Income$234,567RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,061,831OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$74,012,035TotalRevenueColumnAmt
Related Or Exempt Func Income$73,456,773RelatedOrExemptFuncIncomeAmt
Exclusion$272,436ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$24,448,681TotalAmt
Program Services$19,499,208ProgramServicesAmt
Management And General$4,949,473ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,760,535TotalAmt
Program Services$2,712,407ProgramServicesAmt
Management And General$1,048,128ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,907,499TotalAmt
Program Services$6,459,665ProgramServicesAmt
Management And General$2,447,834ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$189,809TotalAmt
Program Services$170,828ProgramServicesAmt
Management And General$18,981ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$66,159TotalAmt
Management And General$66,159ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,800,003TotalAmt
Program Services$1,824,001ProgramServicesAmt
Management And General$1,976,002ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$822,187TotalAmt
Management And General$822,187ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$21,861,095$19,739,093$2,122,002
REPAIRS AND MAINTENANCE$4,030,048$3,078,525$951,523
OTHER EXPENSES$4,010,414$2,227,218$1,783,196
UTILITIES$3,138,972$100,153$3,038,819

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,699,492TotalAmt
Program Services$420,306ProgramServicesAmt
Management And General$1,279,186ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$76,734,894TotalAmt
Program Services$56,231,404ProgramServicesAmt
Management And General$20,503,490ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$317,592BOYAmt
EOY$1,175,911EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,690,472BOYAmt
EOY$12,519,454EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$7,000,000BOYAmt
EOY$7,000,000EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,690,965BOYAmt
EOY$1,443,531EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,320,492BOYAmt
EOY$1,634,068EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$93,472,741LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$76,026,354LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,905,388BOYAmt
EOY$17,446,387EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,850,599BOYAmt
EOY$6,377,312EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$679,700BOYAmt
EOY$441,628EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$49,455,208BOYAmt
EOY$48,038,291EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,742,030BOYAmt
EOY$5,873,579EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,256,203BOYAmt
EOY$5,109,625EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,998,233BOYAmt
EOY$10,983,204EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,456,975BOYAmt
EOY$37,055,087EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,456,975BOYAmt
EOY$37,055,087EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$49,455,208BOYAmt
EOY$48,038,291EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,722,859ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$320,971NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
HospitalYes (X)HospitalInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,451,825OtherCostOrOtherBasisAmt
Depreciation$6,222,153DepreciationAmt
Book Value$9,229,672BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$70,933,742OtherCostOrOtherBasisAmt
Depreciation$67,333,504DepreciationAmt
Book Value$3,600,238BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,087,174OtherCostOrOtherBasisAmt
Depreciation$2,470,697DepreciationAmt
Book Value$4,616,477BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,446,387TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
ACCRUAL FOR CLAIM LOSSES$3,517,817
FINANCE LEASES$796,855
OTHER NON CURRENT$440,000
OPERATING LEASE LIABILITY- CURRENT$339,876
DUE TO RELATED PARTIES$15,077
FieldValueIRS element (for citing)
Total Liability$5,109,625TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$74,333,006TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$320,971NetUnrealizedGainsInvstAmt
Revenue Not Reported$320,971RevenueNotReportedAmt
Revenue Subtotal$74,012,035RevenueSubtotalAmt
Total Revenue Per Form990$74,012,035TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$76,734,894TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$76,734,894ExpensesSubtotalAmt
Total Expenses Per Form990$76,734,894TotalExpensesPerForm990Amt

Schedule H IRS990ScheduleH

FieldValueIRS element (for citing)
Financial Assistance PolicyYes (true)FinancialAssistancePolicyInd
Written PolicyYes (true)WrittenPolicyInd
FPG Reference Free CarefalseFPGReferenceFreeCareInd
FPG Reference Discounted CarefalseFPGReferenceDiscountedCareInd
Free Care Medically IndigentYes (true)FreeCareMedicallyIndigentInd
Financial Assistance BudgetYes (true)FinancialAssistanceBudgetInd
Expenses Exceed BudgetYes (true)ExpensesExceedBudgetInd
Unable To Provide CarefalseUnableToProvideCareInd
Annual Community Bnft ReportfalseAnnualCommunityBnftReportInd

Financial Assistance At Cost Typ FinancialAssistanceAtCostTyp

FieldValueIRS element (for citing)
Direct Offsetting Revenue$1,986,244DirectOffsettingRevenueAmt

Unreimbursed Costs UnreimbursedCostsGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$25,908,647TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$8,389,097DirectOffsettingRevenueAmt
Net Community Benefit Expns$17,519,550NetCommunityBenefitExpnsAmt
Total Expense0.22830TotalExpensePct

Total Financial Assistance Typ TotalFinancialAssistanceTyp

FieldValueIRS element (for citing)
Total Community Benefit Expns$25,908,647TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$10,375,341DirectOffsettingRevenueAmt
Net Community Benefit Expns$17,519,550NetCommunityBenefitExpnsAmt
Total Expense0.22830TotalExpensePct

Total Community Benefits TotalCommunityBenefitsGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$25,908,647TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$10,375,341DirectOffsettingRevenueAmt
Net Community Benefit Expns$17,519,550NetCommunityBenefitExpnsAmt
Total Expense0.22830TotalExpensePct
FieldValueIRS element (for citing)
Bad Debt Expense ReportedfalseBadDebtExpenseReportedInd
Bad Debt Expense$1,395,062BadDebtExpenseAmt
Reimbursed By Medicare$7,442,732ReimbursedByMedicareAmt
Cost Of Care Reimbursed By Medcr$3,883,638CostOfCareReimbursedByMedcrAmt
Medicare Surplus Or Shortfall$3,559,094MedicareSurplusOrShortfallAmt

Costing Methodology Used CostingMethodologyUsedGrp

FieldValueIRS element (for citing)
Cost To Charge RatioYes (X)CostToChargeRatioInd
FieldValueIRS element (for citing)
Written Debt Collection PolicyfalseWrittenDebtCollectionPolicyInd
Hospital Facilities1HospitalFacilitiesCnt

Hospital Facilities HospitalFacilitiesGrp

FieldValueIRS element (for citing)
Facility1FacilityNum

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOSPITAL DAMAS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12213 PONCE BY PASSAddressLine1Txt
CityPONCECityNm
State AbbreviationPRStateAbbreviationCd
ZIP007171318ZIPCd
FieldValueIRS element (for citing)
Licensed HospitalYes (X)LicensedHospitalInd
General Medical And SurgicalYes (X)GeneralMedicalAndSurgicalInd
Teaching HospitalYes (X)TeachingHospitalInd
Emergency Room24 HrsYes (X)EmergencyRoom24HrsInd

Hospital Fclty Policies Prctc HospitalFcltyPoliciesPrctcGrp

Hospital Facility Name HospitalFacilityName

FieldValueIRS element (for citing)
Business Name Line1HOSPITAL DAMAS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Facility1FacilityNum
First Licensed CY Or PYYes (true)FirstLicensedCYOrPYInd
Tax Exempt Hospital CY Or PYfalseTaxExemptHospitalCYOrPYInd
CHNA ConductedfalseCHNAConductedInd
Organization Incur Excise TaxfalseOrganizationIncurExciseTaxInd
Elig Criteria ExplainedYes (true)EligCriteriaExplainedInd
FPG Family Incm Lmt Free DscntYes (X)FPGFamilyIncmLmtFreeDscntInd
FPG Family Incm Lmt Free Care100.000000000000FPGFamilyIncmLmtFreeCarePct
Explained BasisYes (true)ExplainedBasisInd
App Financial Asst ExplnYes (true)AppFinancialAsstExplnInd
Described InfoYes (X)DescribedInfoInd
Described Suprt DocYes (X)DescribedSuprtDocInd
Includes Publicity MeasuresYes (true)IncludesPublicityMeasuresInd
Communtity Notified FAPYes (X)CommuntityNotifiedFAPInd
FAP TranslatedYes (X)FAPTranslatedInd
FAP Actions On NonpaymentYes (true)FAPActionsOnNonpaymentInd
Permit No ActionsYes (X)PermitNoActionsInd
Collection ActivitiesfalseCollectionActivitiesInd
Made Effort Orally NotifyYes (X)MadeEffortOrallyNotifyInd
Nondis Emergency Care PolicyYes (true)NondisEmergencyCarePolicyInd
Amounts Generally BilledfalseAmountsGenerallyBilledInd
Gross ChargesfalseGrossChargesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE H, PART III, LINE 2THE HOSPITAL'S MANAGEMENT MAKES JUDGEMENTS AS TO THE COLLECTABILITY OF ACCOUNTS RECEIVABLE BASED ON HISTORICAL TRENDS AND FUTURE EXPECTATIONS. MANAGEMENT ESTIMATES AN ALLOWANCE FOR DOUBTFUL ACCOUNTS, WHICH REPRESENTS THE COLLECTABILITY OF PATIENT SERVICE ACCOUNTS RECEIVABLE. THIS ALLOWANCE ADJUSTS GROSS PATIENT SERVICE ACCOUNTS RECEIVABLE DOWNWARD TO THEIR ESTIMATED NET REALIZABLE VALUE. TO DETERMINE THE ALLOWANCE FOR DOUBTFUL ACCOUNTS, MANAGEMENT REVIEWS SPECIFIC CUSTOMER RISK FOR ACCOUNTS OVER 270 DAYS USING THE HOSPITAL'S ACCOUNTS RECEIVABLE AGING.
SCHEDULE H, PART III, LINE 4ACCOUNTS RECEIVABLE ARE WRITTEN OFF AFTER COLLECTION EFFORTS HAVE BEEN FOLLOWED IN ACCORDANCE WITH THE HOSPITAL POLICIES.
SCHEDULE H, PART VIBASED ON THE PROVISION OF NOTICE 2011-52 AND THE REGULATIONS FOR SECTION 501(R)(1) OF THE INTERNAL REVENUE CODE, THE TERM "STATE" AS INCLUDED IN THE DEFINITION FOR "HOSPITAL FACILITY" INCLUDES ONLY THE 50 STATES, THE DISTRICT OF COLUMBIA AND NOT ANY US TERRITORY OR FOREING COUNTRY. THEREFORE, THOSE HOSPITAL FACILITIES LOCATED OUTSIDE OF THE 50 STATES OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA SHALL NOT BE REQUIRED TO COMPLY WITH THE COMMUNITY HEALTH NEED ASSESSMENT. HOWEVER, THE HOSPITAL'S PLAN IS TO CONDUCT A COMMUNITY HEALTH NEED ASSESMENT IN THE NEAR FUTURE AND INCORPORATE ITS FINDINGS TO THEIR STRATEGIC AND OPERATIONAL PLANS. THE FINANCIAL ASSISTANCE PROGRAM PROVIDES SERVICES TO APPROXIMATELY 25% OF THE MEDICALLY INDIGENT PATIENTS. THE HOSPITAL PARTICIPATES IN HEALTH CLINICS AND PROVIDES HEALTH SERVICE PROMOTIONS TO THE COMMUNITY.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
ALBERTO MALDONADO
CARDIO SURGEON$1,050,604$1,050,604
JESSE ALEMAN
PULMONOLOGIST$324,580$324,580
PEDRO F BAREZ CLAVELL
CEO$191,642$191,642
JESSICA ABREU GARCA
NEUROLOGIST$180,599$180,599
DARIEL IRIZARY
INFECTIONS DIS. DOCT$180,599$180,599
RAFAEL ROS RIVERA
RHEUMATOLOGIST$180,599$180,599

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6CLASSES OF MEMBERS OR STOCKHOLDERS THE SOLE CORPORATE MEMBER IS FUNDACION DAMAS, INC.
FORM 990, PAGE 6, PART VI, LINE 7AFUNDACIN DAMAS INC. IS THE SOLE MEMBER OF THE ORGANIZATION.
FORM 990, PAGE 6, PART VI, LINE 11BTHE RETURN IS PREPARED BY EXTERNAL CONTRACTED CERTIFIED PUBLIC ACCOUNTANTS. IT IS EXAMINED AND APPROVED BY THE CHIEF FINANCIAL OFFICER.
FORM 990, PAGE 6, PART VI, LINE 12CEVERY DIRECTOR, OFFICER OR EMPLOYEE IS REQUIRED TO DISCLOSE ANY INTEREST THAT MAY RISE A CONFLICT OF INTEREST. EVERY MEMBER OF THE BOARD OF DIRECTOR IS REQUIRED TO SUBMIT AT LEAST EVERY TWO YEARS, A CERTIFICATION ON THIS MATTER.
FORM 990, PAGE 6, PART VI, LINE 15ACOMPENSATION IS EVALUATED BY COMPARISON WITH MARKET THROUGH BENCHMARKING WITH OTHER SIMILAR HOSPITALS, JOB EXPERIENCE, EXPERTISE AND PERFORMANCE, CAREER TRACK, AMONG OTHER.
FORM 990, PAGE 6, PART VI, LINE 19INFORMATION IS AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11G6,459,665 2,447,834 0

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FUNDACIN DAMAS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PARRA MEDICAL PLAZA SUITE 1009AddressLine1Txt
Address Line22225 PONCE BY PASSAddressLine2Txt
CityPONCECityNm
State AbbreviationPRStateAbbreviationCd
ZIP00717ZIPCd
FieldValueIRS element (for citing)
EIN660652710EIN
Primary ActivitiesCHARITYPrimaryActivitiesTxt
Legal Domicile StatePRLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1DAMAS SERVICES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12213 PONCE BY PASSAddressLine1Txt
CityPONCECityNm
State AbbreviationPRStateAbbreviationCd
ZIP00717ZIPCd
FieldValueIRS element (for citing)
EIN660711235EIN
Primary ActivitiesHEALTH SRVPrimaryActivitiesTxt
Legal Domicile StatePRLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeC CORPEntityTypeTxt
Share Of Total Income$678ShareOfTotalIncomeAmt
Share Of EOY Assets$15,554ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1FUNDACION DAMAS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeKTransactionTypeTxt
Involved$189,809InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt