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La Fuerza Unida Inc

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

EIN: 112528786 ✦ Glen cove, NY ✦ Designated as a 501(c)(3)

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Overview

What is La Fuerza Unida Inc?

La Fuerza Unida Inc is a nonprofit organization situated in Glen Cove, New York, with a mission to improve the social, educational, cultural, and economic conditions of Hispanic Americans and the low and moderate-income community at large. The organization primarily focuses on housing-related initiatives, including homelessness prevention, low-income housing, and services funded by New York State's Home & Community Renewal (NPP) and foreclosure prevention funded by the New York State Attorney General (HOPP). With a team of 22 employees, La Fuerza Unida Inc is committed to bettering the lives of their community through various programs and services.


Official website here: www.lfuinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% - Four-Star out of Four Star rating

La Fuerza Unida Inc has achieved an impressive 96% score on Charity Navigator, which signifies strong performance particularly in the areas of accountability and finance. The charity's high score reflects a commitment to transparency and responsible financial management, as evidenced by its perfect scores in a variety of metrics, including board independence and financial oversight.

The organization benefits from a fully independent board, with all members meeting the criteria for independence. This is complemented by a robust financial oversight framework, which has ensured that there have been no material diversions of assets. Additionally, La Fuerza Unida adheres to established policies related to conflicts of interest, whistleblower protection, and document retention, indicating a strong governance structure.

While the charity excels in financial management, its program expense ratio of 87.47% highlights its focus on utilizing resources effectively to support its mission. This focus on program efficiency, combined with a well-structured board and sound financial practices, positions La Fuerza Unida Inc as a reliable and trustworthy nonprofit organization.


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

Is La Fuerza Unida Inc legitimate?

La Fuerza Unida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Fuerza Unida 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: $98,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $485,121

For more financial information, click here


Official website here: www.lfuinc.org

What is the mission statement of La Fuerza Unida Inc?

La Fuerza Unida Inc's mission is centered around enhancing the social, literary, educational, cultural, and economic condition of Hispanic Americans and the low and moderate income community at large. They strive to achieve this goal by providing various services, including housing support, homelessness prevention, and funding for low-income housing through New York State Home & Community Renewal (NPP), as well as foreclosure prevention funded by the New York State Attorney General (HOPP). The organization's aim is to improve the quality of life for these communities and provide them with the essential resources they need to thrive.


Official website here: www.lfuinc.org

Who is the CEO of La Fuerza Unida Inc?

Myra Zaremba is the President of La Fuerza Unida Inc.


Official website here: www.lfuinc.org

What is the revenue of La Fuerza Unida Inc?

La Fuerza Unida Inc's revenue in 2022 was $964,783.


Official website here: www.lfuinc.org

Who are the executives of La Fuerza Unida Inc and what are their salaries?

The average compensation at La Fuerza Unida Inc during 2022 was $26,512. There are 22 employees at La Fuerza Unida Inc.


Here are 9 key members and their salaries:


Alberto Munera (Executive Di)
  • Compensation: $0
  • Related: $98,141
  • Other: $0
Margarita Chavez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nestor Chopin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nestor Chopin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gustavo Gitlin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andres Ledesma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Leida Medina (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra Zaremba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Zipkin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lfuinc.org

Where can I find the form 990 for La Fuerza Unida Inc?

La Fuerza Unida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lfuinc.org

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

Mission Statement of La Fuerza Unida Inc

La Fuerza Unida Inc, a nonprofit organization, is committed to improving the social, literary, educational, cultural, and economic conditions of Hispanic Americans and the low and moderate income community at large. The mission of La Fuerza Unida Inc involves enhancing the quality of life for these communities, aiming to uplift them and provide them with the resources and opportunities necessary for a better future.

The organization's activities are extensive and encompass various aspects of social welfare. They focus on housing, aiming to prevent homelessness, provide low-income housing, and offer services funded by New York State Home & Community Renewal (NPP) and foreclosure prevention funded by the New York State Attorney General (HOPP). This housing-related work is a significant part of La Fuerza Unida Inc's mission, providing a foundation for individuals and families to build their lives upon. By addressing housing needs, the organization is able to support individuals and communities in achieving stability and security, which are essential building blocks for overall well-being.

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Impact




July, 2024

La Fuerza Unida Inc's impact is significant in enhancing the social, literary, educational, cultural, and economic conditions of Hispanic Americans and the low and moderate-income community in Glen Cove, NY. Through their focus on housing initiatives such as homelessness prevention, low-income housing, and foreclosure prevention, funded by various state programs, La Fuerza Unida Inc is actively working to provide essential services and support to those in need. Their mission to uplift marginalized communities and address critical social issues demonstrates their commitment to creating a positive impact on individuals and families facing difficult circumstances.




This information is meant to be a general summary of La Fuerza Unida 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
$964,783 (2022)
Expenses
$825,468 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $110,132
  • Gross Receipts: $964,783

Assets and Liabilities:

  • Total Assets: $419,451
  • Total Liabilities: $32,349
  • Net Assets: $387,102

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Programs

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

PROGRAM REVENUE

Revenue

$110,132

Organization Details

Founding Year

1978

Principal Officer

Myra Zaremba

Main Address

40 GLEN STREET - 1ST FLOOR, GLEN COVE, NY, 11542

NTEE Category

Code: P840 - Human services

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