National Hispanic Business Group

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

EIN: 133401149 ✦ New york, NY ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is National Hispanic Business Group?

The National Hispanic Business Group is a nonprofit organization situated in New York City, specifically at 115 Broadway, 5th Floor, New York, NY 10006. Its primary objective is to support, develop, and strengthen the image of Hispanic businesses and professionals. To achieve this mission, the group awards scholarships to aspiring Hispanic students in the field of business and industry. Additionally, it offers networking opportunities to its approximately thirty members through various events and an annual Holiday Networking Symposium. With a modest workforce of one employee, the National Hispanic Business Group plays a significant role in promoting and uplifting Hispanic businesses and professionals.


Official website here: www.nhbg.org

Is National Hispanic Business Group legitimate?

National Hispanic Business Group is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Hispanic Business Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,000

For more financial information, click here


Official website here: www.nhbg.org

What is the mission statement of National Hispanic Business Group?

The National Hispanic Business Group's mission is centered around supporting, developing, and strengthening the image of Hispanic businesses and professionals in a general sense. Their primary objective is to promote the growth and recognition of this community within the business and professional sectors. To achieve this, they offer scholarships to students of Hispanic heritage with an interest in business and industry, and provide networking opportunities for their approximately thirty members through events and annual networking symposiums.


Official website here: www.nhbg.org

Who is the CEO of National Hispanic Business Group?

Samuel Padilla is the Treasurer of National Hispanic Business Group.


Official website here: www.nhbg.org

What is the revenue of National Hispanic Business Group?

National Hispanic Business Group's revenue in 2022 was $187,092.


Official website here: www.nhbg.org

Who are the executives of National Hispanic Business Group and what are their salaries?

The average compensation at National Hispanic Business Group during 2022 was $69,000. There is 1 employee and 20 volunteers at National Hispanic Business Group.


Here are 9 key members and their salaries:


Nelson Quinones (Membership Chr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mildred Tolentino (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Padilla (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Leidersdorff (Co Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida De Soto (Board Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rohan Defreitas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasmin Cruz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcel Reggiardo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesus Linares (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhbg.org

Where can I find the form 990 for National Hispanic Business Group?

National Hispanic Business Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhbg.org

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

Mission Statement of National Hispanic Business Group

The National Hispanic Business Group is committed to boosting the reputation and advancement of Hispanic businesses and professionals in a broader context. Their mission encompasses three key aspects: supporting, developing, and strengthening the image of Hispanic businesses and professionals. This organization aims to elevate the standing of Hispanic entrepreneurs and professionals within various industries by providing vital resources and opportunities. Through scholarships, networking events, and their annual Holiday Networking Symposium, they offer substantial assistance to students of Hispanic heritage who are pursuing careers in business and industry. By championing the cause of Hispanic businesses and professionals, the National Hispanic Business Group plays a vital role in fostering a more inclusive and diverse business landscape.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The National Hispanic Business Group significantly impacts the Hispanic business and professional community by fostering development and promoting a positive image. One of its key initiatives is awarding scholarships to students of Hispanic heritage who are pursuing careers in business and industry, which helps cultivate a new generation of leaders. By providing networking opportunities and organizing events, including a Holiday Networking Symposium, the group facilitates connections among its approximately thirty members, enhancing collaboration and support within the community. Through these efforts, it strengthens the overall presence and influence of Hispanic professionals in various sectors.




This information is meant to be a general summary of National Hispanic Business Group. 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
$187,092 (2022)
Expenses
$123,958 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Gross Receipts: $351,556

Assets and Liabilities:

  • Total Assets: $333,608
  • Total Liabilities: $3,750
  • Net Assets: $329,858

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1985

Principal Officer

Samuel Padilla

Main Address

115 BROADWAY 5TH FLOOR, NEW YORK, NY, 10006

NTEE Category

Code: S41 - Community improvement

If you are a representative of National Hispanic Business Group and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.