Overview
What is Hispanic Federation Inc?
The Hispanic Federation Inc is a New York-based nonprofit organization located at 55 Exchange Place, 5th Floor, New York, NY 10005. With a workforce of 284 employees, they dedicate their efforts to improving the lives of Latin families and communities through direct social services in various sectors such as education, immigration, healthcare, economic development, and the environment. In response to prevailing issues, the organization has prioritized emergency assistance, aid for farm and food workers, and mitigating the impact of COVID-19 on Latino communities nationwide. The Hispanic Federation empowers and advances the Hispanic community through its service-oriented membership, comprised of health and human service agencies.
Official website here: www.hispanicfederation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating) from Charity Navigator.
Hispanic Federation Inc has achieved an impressive score of 100%, reflecting its strong accountability and financial health. With a Program Expense Ratio of 89.10% and a fundraising efficiency ratio of just $0.03, the organization demonstrates a commitment to directing resources effectively towards its mission. The high percentage of independent board members and the presence of comprehensive financial oversight policies further enhance its credibility.
The organization is noted for its impactful strategic goals aimed at alleviating poverty and supporting Latino families, alongside fostering a sustainable nonprofit sector. Its recent receipt of a historic federal grant of over $44 million underscores its capacity to leverage substantial funding for its initiatives. Additionally, the high scores in leadership adaptability and community culture indicate a robust organizational structure capable of responding to the needs of the community it serves.
While the organization shows significant strengths, maintaining transparency and continual improvement will be crucial as it navigates the responsibilities that come with managing large federal grants. Overall, Hispanic Federation Inc is positioned as a leading nonprofit dedicated to advancing the well-being of Latino communities through effective programs and advocacy.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Federation Inc legitimate?
Hispanic Federation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Federation 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: $369,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,452,692
For more financial information, click here
Official website here: www.hispanicfederation.org
What is the mission statement of Hispanic Federation Inc?
The Hispanic Federation Inc is a membership organization with a mission to empower and uplift the Hispanic community in the US. Comprised of health and human service agencies, the Federation focuses on addressing the needs of Hispanic-Americans through community assistance programs. These programs cover various areas such as education, immigration, healthcare, economic development, and the environment. In 2022, the organization prioritized its efforts towards emergency assistance, relief aid for farm and food workers, and lessening the impact of COVID-19 on Hispanic communities across the country.
Official website here: www.hispanicfederation.org
Who is the CEO of Hispanic Federation Inc?
Frankie Miranda is the Chair of Hispanic Federation Inc.
Official website here: www.hispanicfederation.org
What is the revenue of Hispanic Federation Inc?
Hispanic Federation Inc's revenue in 2022 was $37,032,621.
Official website here: www.hispanicfederation.org
Who are the executives of Hispanic Federation Inc and what are their salaries?
The average compensation at Hispanic Federation Inc during 2022 was $20,501. There are 284 employees and 40 volunteers at Hispanic Federation Inc.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $300,173
- Related: $0
- Other: $39,379
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $201,164
- Related: $0
- Other: $18,555
- Compensation: $173,250
- Related: $0
- Other: $29,257
- Compensation: $159,095
- Related: $0
- Other: $28,836
- Compensation: $129,808
- Related: $0
- Other: $27,047
- Compensation: $135,149
- Related: $0
- Other: $17,489
Official website here: www.hispanicfederation.org
Where can I find the form 990 for Hispanic Federation Inc?
Hispanic Federation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hispanicfederation.org
Learn more at the official website: www.hispanicfederation.org
Mission Statement of Hispanic Federation Inc
The Hispanic Federation Inc, a membership organization of health and human service agencies, is dedicated to empowering and advancing the Hispanic community in the United States. This service-oriented nonprofit focuses on addressing the needs of Hispanic-Americans in various areas, including education, immigration, healthcare, economic development, and the environment. In the year 2022, the organization directed its efforts towards emergency assistance, providing relief aid for farm and food workers, and minimizing the impact of COVID-19 on Latin communities across the nation.
Hispanic Federation Inc is committed to uplifting Latino families and communities through robust community assistance programs. The organization's initiatives encompass a wide range of social services, geared towards enhancing the lives of Hispanic individuals in multiple aspects. By providing assistance in education, immigration, healthcare, economic development, and environmental concerns, the Hispanic Federation Inc strives to create lasting, positive change within the Hispanic community. In response to pressing needs, the nonprofit intensified its efforts in 2022 to offer emergency assistance and support for farm and food workers, who were among the most affected by unforeseen circumstances. Additionally, the organization prioritized reducing the detrimental effects of the COVID-19 pandemic on Latin communities nationwide.
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
Hispanic Federation Inc has made a significant impact by empowering and advancing the Hispanic community through a range of community assistance programs. Its focus on direct social services addresses critical areas such as education, immigration, health care, economic development, and the environment, catering to the diverse needs of Latino families and communities.
In 2022, the organization placed a strong emphasis on emergency assistance, significantly aiding farm and food workers, and mitigating the ongoing impact of COVID-19 in Latino communities across the nation. These efforts not only provide immediate relief but also contribute to the long-term resilience of Hispanic communities, ensuring that they have access to essential resources and support systems.
By fostering collaboration among health and human service agencies, Hispanic Federation Inc enhances the capacity to respond to the unique challenges faced by Hispanic-Americans in the U.S., ultimately promoting a more equitable and inclusive society. Through its effective initiatives, it plays a crucial role in uplifting the Latino community, ensuring that individuals and families have the tools they need to thrive.
This information is meant to be a general summary of Hispanic Federation 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: $316,253
- Gross Receipts: $38,856,585
Assets and Liabilities:
- Total Assets: $47,745,174
- Total Liabilities: $3,703,095
- Net Assets: $44,042,079
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(212) 233-8955Principal Officer
Frankie Miranda
Main Address
55 EXCHANGE PLACE 5TH FLOOR, NEW YORK, NY, 10005
Website
www.hispanicfederation.orgNTEE Category
Code: S50Z - Community improvement
If you are a representative of Hispanic Federation Inc 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.