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Hispanic Resources Inc

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

EIN: 042939018 ✦ West springfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hispanic Resources Inc?

Hispanic Resources Inc, based in West Springfield, Massachusetts, is a nonprofit organization with a primary mission to provide lodging and halfway houses mainly for the mentally challenged individuals within the Hispanic community. Beyond housing, they offer educational resources, consultation, and funding assistance to non-profit agencies serving Hispanics and low-income individuals in the Hampden and Hampshire counties of Massachusetts. Their goal is to promote and support Hispanic services and issues within the community. They also lease their real property to other non-profit agencies serving low-income people.

Is Hispanic Resources Inc legitimate?

Hispanic Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Resources 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

What is the mission statement of Hispanic Resources Inc?

Hispanic Resources Inc, as an organization, aims to support non-profit agencies serving low-income individuals, with a focus on the Hispanic community, by providing them with leaseable real estate. Beyond this, the organization offers educational resources, consultation services, fundraising assistance, and research aid to enhance the provision of Hispanic services and address related issues within the Hampden County and Hampshire County areas of Massachusetts. The primary mission of Hispanic Resources Inc is to offer lodging or halfway houses primarily for mentally challenged individuals, predominantly within the Hispanic community, and to assist low-income people in these counties.

Who is the CEO of Hispanic Resources Inc?

Henry East-Trou is the President of Hispanic Resources Inc.

What is the revenue of Hispanic Resources Inc?

Hispanic Resources Inc's revenue in 2022 was $225,242.

Who are the executives of Hispanic Resources Inc and what are their salaries?


Here are 5 key members and their salaries:


Henry East-Trou (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Trudeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mcgeary (Treasurer)
  • Compensation: $0
  • Related: $162,700
  • Other: $0
Liliana Espada (Secretary/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madaline Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hispanic Resources Inc?

Hispanic Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hispanic Resources Inc

Hispanic Resources Inc, a non-profit organization, is dedicated to supporting the Hispanic community and low-income individuals in Massachusetts' Hampden and Hampshire counties. Their primary mission involves providing residential facilities, often referred to as halfway houses, for individuals dealing with mental health challenges, primarily within the Hispanic community. Additionally, Hispanic Resources Inc extends its assistance to a broader group of low-income people in these regions. Beyond these services, the organization offers educational resources, consultation, fundraising assistance, and research support to both Hispanics and non-profit agencies serving this demographic. This wide-ranging approach aims to promote and enhance services and awareness related to Hispanic issues.

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Impact




October, 2024

Hispanic Resources Inc. significantly impacts the communities it serves by addressing critical needs among low-income and Hispanic populations in Hampden and Hampshire counties in Massachusetts. By owning and leasing real property to various nonprofit agencies, HRI creates a supportive environment that fosters essential services focused on education, consultation, and fundraising.

The organization plays a pivotal role in enhancing the availability of resources for nonprofits working to uplift Hispanic individuals and families, promoting cultural awareness and addressing the unique challenges faced by this community. Moreover, HRI’s commitment to providing lodging and halfway houses specifically for mentally challenged individuals, primarily within the Hispanic community, is vital. This initiative ensures that vulnerable populations have safe and supportive living conditions, facilitating their integration into society and improving their quality of life.

In essence, Hispanic Resources Inc. not only provides necessary infrastructure for service delivery but also champions the cause of community improvement, empowering low-income residents and emphasizing the importance of culturally relevant support systems. Through its various initiatives, HRI stands as a cornerstone for positive change and assistance in the region.




This information is meant to be a general summary of Hispanic Resources 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
$225,242 (2022)
Expenses
$164,880 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $223,242
  • Gross Receipts: $225,242

Assets and Liabilities:

  • Total Assets: $1,493,159
  • Total Liabilities: $1,083,663
  • Net Assets: $409,496

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTALS

Revenue

$223,242

Organization Details

Founding Year

1986

Principal Officer

Henry East-Trou

Main Address

425 UNION STREET BOX 2, WEST SPRINGFIELD, MA, 01089

NTEE Category

Code: S47Z - Community improvement

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