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EIN 23-3061896

SosteNica

IRS 501(c) type
501(c)(3)
Num. employees
0
City
West Chester
State
Pennsylvania
Year formed
2000
Most recent tax filings
2023-12-01
NTEE code, primary
Q30: International Development, Relief Services
Description
SosteNica empowers the people of Nicaragua by administering and promoting a micro-lending program to support sustainable economic development in rural areas. Additionally, SosteNica conducts research strategies for sustainable agriculture in rural Nicaragua, trains local farmers in developed strategies, and researches occupational risk factors of Chronic Kidney Disease among Central American workers affecting its clients. SosteNica is based in West Chester, PA.
Total revenues
$63,019
2023
Total expenses
$309,194
2023
Total assets
$733,289
2023
Num. employees
0
2023

Program areas at SosteNica

Research strategies for sustainable agriculture in rural Nicaragua and train local farmers in strategies developed. Research into occupational risk factors of Chronic Kidney Disease (CKD) among a cohort of Central American workers affecting clients of SosteNica. Program suspended during 2022.
Administer and promote micro-lending program to support sustainable economic development in rural Nicaragua.

Who funds SosteNica

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Trustees of Boston UniversityResearch Research$115,559

Personnel at SosteNica

NameTitleCompensation
Joseph DenicolaExecutive Director$18,720
Scott BihlTrustee$0
Tim KeyesBoard Treasurer / Treasurer / Trustee$0
Rachel LindsaySecretary / Treasurer$0
Peter GuarinoVice President$0
...and 2 more key personnel

Financials for SosteNica

RevenuesFYE 12/2023
Total grants, contributions, etc.$15,450
Program services$0
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$47,569
Total revenues$63,019

Form 990s for SosteNica

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-04990View PDF
2022-122023-10-16990View PDF
2021-122022-09-12990View PDF
2021-122022-09-09990View PDF
2020-122021-11-11990View PDF
...and 10 more Form 990s

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Data update history
August 26, 2024
Posted financials
Added Form 990 for fiscal year 2021
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $115,559 from Trustees of Boston University
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $215,381 from Trustees of Boston University
Nonprofit Types
Social advocacy organizationsInternational-focused organizationsCharities
Issues
HealthDiseases and disordersForeign affairsInternational development
Characteristics
Operates internationallyReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1019 Ashley Rd
West Chester, PA 19382
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Chester County, PA
Website URL
sostenica.org/ 
Phone
(203) 441-0717
IRS details
EIN
23-3061896
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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