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La Fuerza Unida Community Development Corporation

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

EIN: 113613094 ✦ Rockville centre, NY ✦ Designated as a 501(c)(3)

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Overview

What is La Fuerza Unida Community Development Corporation?

La Fuerza Unida Community Development Corporation is a nonprofit organization situated in Rockville Centre, New York. Their primary objective is to foster sustainable economic growth on Long Island by granting minority and female-owned businesses access to essential resources such as capital, business development services, and various tools. This initiative aims to create job opportunities, build community wealth, and ensure long-term prosperity. The organization has a modest workforce of four employees dedicated to achieving these goals.


Official website here: www.lafuerzacdc.org

What are the reviews and ratings of this charity?

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

La Fuerza Unida Community Development Corporation demonstrates a strong commitment to accountability and finance, achieving a high score in these areas. With a perfect score in independent board member composition and effective oversight practices, the organization exemplifies transparency and good governance. The organization has maintained a low liabilities to assets ratio, indicating solid financial health.

The program expense ratio of 84.82% suggests that a significant portion of its funds is directed toward its mission-related activities, which is a positive indicator for donors looking to support impactful work. Additionally, the presence of robust policies regarding conflict of interest, whistleblower protections, and document retention reflects a well-structured organization.

Overall, while La Fuerza Unida Community Development Corporation has received high ratings for its accountability and finance practices, it is crucial for potential donors to also consider the specific programs and initiatives the organization undertakes to see how their contributions may make a difference in the community.


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

Is La Fuerza Unida Community Development Corporation legitimate?

La Fuerza Unida Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Fuerza Unida Community Development Corporation 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: $117,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,600

For more financial information, click here


Official website here: www.lafuerzacdc.org

What is the mission statement of La Fuerza Unida Community Development Corporation?

La Fuerza Unida Community Development Corporation's mission is centered around fostering sustainable economic growth. The organization accomplishes this by offering access to capital, business development services, and various tools to minority and women-owned enterprises. This initiative is aimed at creating job opportunities, building community wealth, and ensuring long-term prosperity.


Official website here: www.lafuerzacdc.org

Who is the CEO of La Fuerza Unida Community Development Corporation?

Patricia Kielawa is the Treasurer of La Fuerza Unida Community Development Corporation.


Official website here: www.lafuerzacdc.org

What is the revenue of La Fuerza Unida Community Development Corporation?

La Fuerza Unida Community Development Corporation's revenue in 2022 was $561,343.


Official website here: www.lafuerzacdc.org

Who are the executives of La Fuerza Unida Community Development Corporation and what are their salaries?

The average compensation at La Fuerza Unida Community Development Corporation during 2022 was $56,400. There are 4 employees at La Fuerza Unida Community Development Corporation.


Here are 7 key members and their salaries:


Giovana Bracchi (Executive Dir)
  • Compensation: $117,000
  • Related: $0
  • Other: $6,463
Patricia Kielawa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Costello (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Butkewicz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Farahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Schackner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Lynch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lafuerzacdc.org

Where can I find the form 990 for La Fuerza Unida Community Development Corporation?

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


Official website here: www.lafuerzacdc.org

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

Mission Statement of La Fuerza Unida Community Development Corporation

La Fuerza Unida Community Development Corporation is dedicated to fostering sustainable economic growth in Long Island. Their mission revolves around providing minority and women-owned enterprises with essential resources, including access to capital, business development services, and various tools. This strategic approach aims to create employment opportunities, cultivate community wealth, and establish a foundation for long-term prosperity. By offering these resources, La Fuerza Unida Community Development Corporation seeks to empower these enterprises, ultimately contributing to the overall economic health and growth of Long Island.

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Impact




July, 2024

La Fuerza Unida Community Development Corporation's impact includes promoting sustainable economic growth in Long Island by providing minority and women-owned enterprises access to capital, business development services, and other tools. This initiative helps create jobs, community wealth, and long-term prosperity in the region.




This information is meant to be a general summary of La Fuerza Unida Community Development Corporation. 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
$561,343 (2022)
Expenses
$462,615 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $222
  • Program Service Revenue: $15,996
  • Gross Receipts: $561,343

Assets and Liabilities:

  • Total Assets: $901,162
  • Total Liabilities: $241,847
  • Net Assets: $659,315

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Programs

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

Lending activities income

Revenue

$15,996

Organization Details

Founding Year

2001

Principal Officer

Patricia Kielawa

Main Address

265 Sunrise Highway 1-702, Rockville Centre, NY, 11570

NTEE Category

Code: S30 - Community improvement

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