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Hispanic Business Initiative Fund Nationwide Inc

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

EIN: 043589150 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Hispanic Business Initiative Fund Nationwide Inc?

Hispanic Business Initiative Fund Nationwide Inc is a 501(c)(3) not-for-profit organization, led by Augusto Sanabria, that focuses on assisting Hispanic entrepreneurs in their endeavors to establish or expand their businesses beyond Florida. This organization offers bilingual professional services, catering to the unique needs of this demographic, thereby promoting economic growth and development among Hispanic business owners nationwide.

Is Hispanic Business Initiative Fund Nationwide Inc legitimate?

Hispanic Business Initiative Fund Nationwide Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Business Initiative Fund Nationwide Inc submitted a form 990EZ, 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.

What is the mission statement of Hispanic Business Initiative Fund Nationwide Inc?

Hispanic Business Initiative Fund Nationwide Inc specializes in offering bilingual professional services to Hispanic entrepreneurs aiming to establish or expand their businesses beyond Florida. The organization's primary mission is to assist these entrepreneurs, operating as an economic development 501(c)(3) not-for-profit entity. Its services are geared towards facilitating the growth of Hispanic-owned businesses in various states, thereby promoting entrepreneurship within the Hispanic community.

Who is the CEO of Hispanic Business Initiative Fund Nationwide Inc?

Luis E Otero is the Cfo of Hispanic Business Initiative Fund Nationwide Inc. The CEO's salary of Hispanic Business Initiative Fund Nationwide Inc is $0 and their total compensation is $0.

What is the revenue of Hispanic Business Initiative Fund Nationwide Inc?

Hispanic Business Initiative Fund Nationwide Inc's revenue in 2022 was $2,563.

Who are the executives of Hispanic Business Initiative Fund Nationwide Inc and what are their salaries?


Here are 6 key members and their salaries (Hispanic Business Initiative Fund Nationwide Inc's CEO's salary is $0 and their total compensation is $0):


Augusto Sanabria (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis E Otero (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boris Ayala (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luz Aviles (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Duarte-Roberts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Sueiro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hispanic Business Initiative Fund Nationwide Inc?

Hispanic Business Initiative Fund Nationwide Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Hispanic Business Initiative Fund Nationwide Inc

Hispanic Business Initiative Fund Nationwide Inc, led by Augusto Sanabria, is a dedicated 501(c)(3) not-for-profit organization that focuses on delivering bilingual professional services. Their mission is specifically tailored towards assisting Hispanic entrepreneurs who aim to establish or expand their businesses beyond the state of Florida. By offering their expertise, this economic development organization seeks to support and empower Hispanic business owners, thereby contributing to a broader and more diverse entrepreneurial landscape.

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Impact




August, 2024

Hispanic Business Initiative Fund Nationwide Inc's impact is significant in providing bilingual professional services to Hispanic entrepreneurs looking to establish or expand their businesses in states outside of Florida. Led by Augusto Sanabria, the organization plays a crucial role in fostering economic development and opportunity for Hispanic business owners, ultimately contributing to the growth and success of the Hispanic community nationwide. Their focus on providing specialized support and resources to entrepreneurs in need underscores their commitment to driving positive change and empowerment within the Hispanic business sector, aligning with their mission of community improvement.




This information is meant to be a general summary of Hispanic Business Initiative Fund Nationwide 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
$2,563 (2022)
Expenses
$2,870 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,563

Assets and Liabilities:

  • Total Assets: $253,215
  • Total Liabilities: $1,400
  • Net Assets: $251,815

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Organization Details

Principal Officer

Luis E Otero

Main Address

3201 E COLONIAL DRIVE Suite A20, ORLANDO, FL, 32803

NTEE Category

Code: S20 - Community improvement

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