Overview
What is Hispanic Information And Telecommunications Network Inc?
Hispanic Information and Telecommunications Network Inc., established in 1983, is a nonprofit organization situated in Brooklyn, New York. Its primary mission is to uplift the educational, cultural, and socio-economic aspirations of U.S. Hispanics. This mission is accomplished through the creation and dissemination of high-quality, authentic content across various mediums, including television broadcasting, the internet, mobile applications, transmedia materials, and community-based initiatives. With a workforce of 66 individuals, HITN is recognized as the largest holder of EBS spectrum in the United States, making it a unique and influential voice within the Hispanic community.
Official website here: www.hitn.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Hispanic Information And Telecommunications Network Inc has achieved an outstanding Four-Star rating from Charity Navigator, reflecting its exemplary accountability and finance standards. The organization received a perfect score of 100% in this category, indicating robust financial practices and transparency, which are crucial for fostering donor trust and confidence.
Key strengths of the nonprofit include its governance structure, evidenced by the presence of a majority independent board and comprehensive policies regarding conflicts of interest and whistleblowing. The organization has demonstrated effective oversight, with all financial statements being audited and made available on its website, ensuring that stakeholders have access to vital information.
While the organization boasts a commendable program expense ratio of nearly 72%, indicating a strong focus on its mission rather than administrative costs, there are no noted limitations in the data provided. Overall, the nonprofit stands out for its commitment to ethical financial practices and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Information And Telecommunications Network Inc legitimate?
Hispanic Information And Telecommunications Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Information And Telecommunications Network 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: $1,303,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,216,337
For more financial information, click here
Official website here: www.hitn.org
What is the mission statement of Hispanic Information And Telecommunications Network Inc?
Hispanic Information and Telecommunications Network Inc, often referred to as HITN, is committed to advancing the educational, cultural, and socio-economic aspirations of the U.S. Hispanic community. They accomplish this mission by developing and distributing high-quality, authentic content across various platforms. This includes television broadcasting, the internet, apps, transmedia materials, and community-based initiatives. HITN is a Hispanic-focused organization that leverages its unique reach to this growing population, aiming to make a significant impact in their lives.
Official website here: www.hitn.org
Who is the CEO of Hispanic Information And Telecommunications Network Inc?
Michael D Nieves is the Ceo/Board Member of Hispanic Information And Telecommunications Network Inc. The CEO's salary of Hispanic Information And Telecommunications Network Inc is $547,322 and their total compensation is $576,528.
Official website here: www.hitn.org
What is the revenue of Hispanic Information And Telecommunications Network Inc?
Hispanic Information And Telecommunications Network Inc's revenue in 2022 was $5,708,997.
Official website here: www.hitn.org
Who are the executives of Hispanic Information And Telecommunications Network Inc and what are their salaries?
The average compensation at Hispanic Information And Telecommunications Network Inc during 2022 was $83,639. There are 66 employees and 8 volunteers at Hispanic Information And Telecommunications Network Inc.
Here are 12 key members and their salaries (Hispanic Information And Telecommunications Network Inc's CEO's salary is $547,322 and their total compensation is $576,528):
- Compensation: $547,322
- Related: $0
- Other: $29,206
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $401,549
- Related: $0
- Other: $27,441
- Compensation: $354,939
- Related: $0
- Other: $24,318
- Compensation: $264,228
- Related: $0
- Other: $4,885
- Compensation: $229,818
- Related: $0
- Other: $7,350
- Compensation: $161,823
- Related: $0
- Other: $1,398
- Compensation: $160,962
- Related: $0
- Other: $5,376
- Compensation: $163,505
- Related: $0
- Other: $4,697
Official website here: www.hitn.org
Where can I find the form 990 for Hispanic Information And Telecommunications Network Inc?
Hispanic Information And Telecommunications Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hitn.org
Learn more at the official website: www.hitn.org
Mission Statement of Hispanic Information And Telecommunications Network Inc
Hispanic Information and Telecommunications Network Inc, often referred to as HITN, is an organization dedicated to advancing the educational, cultural, and socio-economic aspirations of U.S. Hispanics. They achieve this mission by developing and distributing high-quality and authentic content across various platforms. This content includes TV broadcasting, online resources, apps, transmedia materials, and community-based initiatives. HITN's unique strength lies in its ability to reach out to this growing population through this multimedia approach. Their goal is to empower Hispanics, fostering their educational growth, preserving their cultural heritage, and supporting their socio-economic progress.
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Impact
August, 2024
Hispanic Information And Telecommunications Network Inc's impact lies in its significant role in advancing the educational, cultural, and socio-economic aspirations of U.S. Hispanics. As the first Spanish public service media network established in 1983, HITN has been dedicated to providing quality and authentic content to its viewers in the U.S. and Puerto Rico. By utilizing a multimedia approach that includes TV broadcasting, the internet, apps, transmedia materials, and community-based initiatives, HITN effectively reaches and engages with the growing Hispanic population. Moreover, as the largest holder of EBS spectrum in the United States, HITN's commitment to serving the Hispanic community through a range of media platforms demonstrates its essential contribution to promoting education, culture, and socio-economic progress among U.S. Hispanics.
This information is meant to be a general summary of Hispanic Information And Telecommunications Network 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 2022.
- Investment Income: $340,275
- Program Service Revenue: $5,036,071
- Gross Receipts: $8,282,139
Assets and Liabilities:
- Total Assets: $80,379,814
- Total Liabilities: $5,478,217
- Net Assets: $74,901,597
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AIRTIME ACCESS
Revenue
$2,473,324
CABLE TELEVISION REVENUE
Revenue
$1,858,165
VIDEO ON DEMAND SUBSCRIBER
Revenue
$536,315
TELEVISION PRODUCTION REVENUE
Revenue
$90,827
STREAMING REVENUE
Revenue
$69,920
Organization Details
Founding Year
1981
Phone
(212) 966-5660Principal Officer
Michael D Nieves
Main Address
63 FLUSHING AVENUE 211, BROOKLYN, NY, 11205
Website
www.hitn.orgNTEE Category
Code: W50 - Public benefit
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