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Hogar De Cristo Usa Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030599418 ✦ Pompano beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Hogar De Cristo Usa Inc?

Hogar De Cristo Usa Inc is a nonprofit organization situated in Pompano Beach, Florida, with a mission to raise funds and donations to support shelters and programs for the most impoverished individuals in Chile. Their primary goal is to alleviate poverty and provide essential assistance to those in dire need. This includes financing shelters, offering aid, and implementing initiatives to uplift the poorest of the poor in Chile.


Official website here: www.hogardecristousa.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 65%, Two-Star out of Four Star rating.

Hogar De Cristo USA Inc has received a Two-Star rating, primarily reflecting its Accountability & Finance score. The organization showcases a strong commitment to maintaining an independent board, with 100% of its board members being independent. However, the organization faces significant challenges, particularly in its financial reporting, as it has none available for review.

Despite a perfect score in several accountability metrics, including the absence of material asset diversion and a solid program expense ratio, the nonprofit lacks critical governance documents. Missing elements include a conflict of interest policy and a document retention policy, which could impact overall transparency. Additionally, the organization's working capital ratio indicates a potential liquidity issue, which may raise concerns for stakeholders regarding its financial sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Hogar De Cristo Usa Inc legitimate?

Hogar De Cristo Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hogar De Cristo Usa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hogardecristousa.org

What is the mission statement of Hogar De Cristo Usa Inc?

Hogar De Cristo Usa Inc is a non-profit organization with a mission to raise funds to support shelters and programs aimed at assisting the most impoverished individuals in Chile. Their primary goal is to provide essential resources for those who are considered the poorest of the poor. The organization's activities involve soliciting donations to finance the construction and maintenance of shelters, as well as providing various programs to support these individuals. Their mission is driven by a commitment to improving the living conditions and well-being of the most vulnerable members of Chilean society.


Official website here: www.hogardecristousa.org

Who is the CEO of Hogar De Cristo Usa Inc?

Hector H Sagredo is the President of Hogar De Cristo Usa Inc.


Official website here: www.hogardecristousa.org

What is the revenue of Hogar De Cristo Usa Inc?

Hogar De Cristo Usa Inc's revenue in 2022 was $2,734,258.


Official website here: www.hogardecristousa.org

Who are the executives of Hogar De Cristo Usa Inc and what are their salaries?


Here are 4 key members and their salaries:


Hector H Sagredo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberto E Alonso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Lira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Pablo Cuevas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hogardecristousa.org

Where can I find the form 990 for Hogar De Cristo Usa Inc?

Hogar De Cristo Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hogardecristousa.org

Learn more at the official website: www.hogardecristousa.org

Mission Statement of Hogar De Cristo Usa Inc

Hogar De Cristo USA Inc is a not-for-profit organization that raises donations with the primary mission of financing shelters and programs for the most vulnerable and impoverished individuals in Chile. This organization endeavors to provide essential support to the poorest of the poor, aiming to improve their living conditions and offer them a chance at a better life. Through its fundraising efforts, Hogar De Cristo USA Inc finances various shelters, offering a safe and secure environment for those in need. The organization's mission is to make a tangible difference in the lives of the most disadvantaged individuals in Chile, providing them with the resources and opportunities they require to overcome their challenges and build a brighter future.

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Impact




July, 2024

Hogar De Cristo Usa Inc's impact lies in providing crucial support and resources to the poorest of the poor people in Chile. By fundraising donations to finance shelters and programs, this organization plays a significant role in helping those in need access essential services and support. Their work directly contributes to improving the lives of vulnerable individuals and families, offering them shelter, resources, and hope for a better future.




This information is meant to be a general summary of Hogar De Cristo Usa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,734,258 (2022)
Expenses
$2,741,108 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $2,734,258

Assets and Liabilities:

  • Total Assets: $10,618
  • Total Liabilities: $0
  • Net Assets: $10,618

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Organization Details

Founding Year

2006

Principal Officer

Hector H Sagredo

Main Address

2754 W ATLANTIC BLVD SUITE 8, POMPANO BEACH, FL, 33069

NTEE Category

Code: Q11 - International

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