Overview
What is Hispanic Brotherhood Inc?
Hispanic Brotherhood Inc, located at 59 Clinton Avenue, Rockville Centre, New York 11570, is a nonprofit organization dedicated to supporting the Hispanic community. Their mission encompasses various aspects, including housing, counseling, youth, and senior citizen affairs. They provide multi-service community-based assistance, aiming to prevent foreclosures and offer essential support in these areas. Although the exact nature of their services is not specified, it can be inferred that they offer guidance and resources to individuals and families in need within the Hispanic community.
Official website here: www.hispanicbrotherhood.org
What are the reviews and ratings of this charity?
96% Rating from Charity Navigator
Hispanic Brotherhood Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The high score is attributed to a perfect Accountability & Finance score of 96%, which indicates that the organization is effectively managing its resources and maintaining transparency in its operations.
The organization demonstrates substantial governance practices, with 92% of its board members being independent and a significant number of independent members overall. Its financial practices are well-regarded, with no material diversion of assets reported and a favorable liabilities-to-assets ratio. The presence of comprehensive policies regarding conflicts of interest and whistleblower protections further underscores the integrity of the organization.
While the data shows robust performance in terms of accountability and financial management, there are no specific mentions of programmatic effectiveness or community impact within the available information. Nonetheless, the high program expense ratio of 85.62% suggests that a significant portion of the organization's resources is directed toward its programs, which is a positive indicator of its operational focus.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Brotherhood Inc legitimate?
Hispanic Brotherhood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Brotherhood 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: $163,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,730
For more financial information, click here
Official website here: www.hispanicbrotherhood.org
What is the mission statement of Hispanic Brotherhood Inc?
Hispanic Brotherhood Inc is committed to providing multi-service community-based support to individuals. This support encompasses various areas, including housing, counseling, youth, and senior citizen affairs. The organization's mission is to assist and empower individuals in these sectors, aiming to improve their overall well-being and quality of life. In the realm of housing, Hispanic Brotherhood Inc has also been active in assisting the Hispanic community with foreclosure prevention matters.
Official website here: www.hispanicbrotherhood.org
Who is the CEO of Hispanic Brotherhood Inc?
Margarita Grasing is the Board Member of Hispanic Brotherhood Inc.
Official website here: www.hispanicbrotherhood.org
What is the revenue of Hispanic Brotherhood Inc?
Hispanic Brotherhood Inc's revenue in 2023 was $1,136,595.
Official website here: www.hispanicbrotherhood.org
Who are the executives of Hispanic Brotherhood Inc and what are their salaries?
The average compensation at Hispanic Brotherhood Inc during 2023 was $26,573. There are 25 employees at Hispanic Brotherhood Inc.
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Official website here: www.hispanicbrotherhood.org
Where can I find the form 990 for Hispanic Brotherhood Inc?
Hispanic Brotherhood Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hispanicbrotherhood.org
Learn more at the official website: www.hispanicbrotherhood.org
Mission Statement of Hispanic Brotherhood Inc
Hispanic Brotherhood Inc is a nonprofit organization committed to providing multi-service community-based support to individuals in various areas. Their mission encompasses housing, counseling, youth, and senior citizen affairs. This mission is aimed at uplifting and supporting the Hispanic community, offering assistance in housing-related matters and even addressing foreclosure prevention concerns. The organization's goal is to make a significant impact in multiple aspects of individuals' lives, ensuring they receive the necessary care and resources.
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Impact
July, 2024
Hispanic Brotherhood Inc has had a significant impact on the Hispanic community in Rockville Centre, NY, by providing crucial services related to housing, counseling, youth, and senior citizen affairs. They have helped individuals dealing with housing issues, including foreclosure prevention, ensuring that families have a stable place to live. Additionally, their counseling services have supported individuals in times of need, and their focus on youth and senior citizen affairs has positively impacted the community's most vulnerable populations. Overall, Hispanic Brotherhood Inc's multi-service approach has made a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Hispanic Brotherhood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,038
- Gross Receipts: $1,190,501
Assets and Liabilities:
- Total Assets: $900,436
- Total Liabilities: $157,988
- Net Assets: $742,448
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Organization Details
Founding Year
1984
Phone
(516) 766-6610Principal Officer
Margarita Grasing
Main Address
59 CLINTON AVENUE, ROCKVILLE CENTRE, NY, 11570
Website
www.hispanicbrotherhood.orgNTEE Category
Code: P840 - Human services
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