Overview
What is Conexion Inc?
Conexion Inc is a nonprofit organization situated in Boston, Massachusetts. With a mission to foster leadership development, networking, and cooperation within the Latino community in the United States, the organization provides mentoring and training programs for mid-level and early-career Latino professionals. In 2021, the organization benefited from the use of donated meeting space and facilities, estimated to be worth approximately $39,408. Furthermore, the organization's volunteer mentors were estimated to contribute a value of $368,640. Conexion Inc aims to champion Hispanic/Latino leadership on boards and at the highest levels of corporate leadership, build social capital, advocate for the importance of Hispanics/Latinos to society and the workforce, influence industry decision-makers, and enhance the leadership skills of Hispanics/Latinos through training and education.
Official website here: www.conexion-all.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Conexion Inc has earned a solid Three-Star rating with an overall score of 88%. The organization demonstrates strong accountability and financial management, with 100% of its board members being independent and a high program expense ratio of 83.30%. The audit of financial statements is also commendable, reflecting a commitment to transparency and effective use of funds.
Despite these strengths, Conexion Inc has some areas for improvement. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for robust governance practices. Additionally, the absence of the tax form on the nonprofit's website could hinder transparency for potential donors and stakeholders.
Overall, Conexion Inc shows effective governance and financial health but should address the noted policy gaps to enhance its accountability and transparency further. These improvements could strengthen its reputation and operational integrity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Conexion Inc legitimate?
Conexion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conexion 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: $245,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.conexion-all.org
What is the mission statement of Conexion Inc?
Conexion Inc's mission is focused on promoting and expanding leadership development, networking, and cooperation within the Latino community in the United States. The organization aims to advocate for Hispanic/Latino community leaders to serve on boards and attain high-level corporate leadership positions, both public and private, in the United States. Additionally, Conexion Inc works towards building social capital within and on behalf of the Hispanic/Latino community, raising public awareness of their importance to society and the workforce. The organization also provides thought leadership to influence industry decision-makers, advancing the cause of Hispanic/Latino leaders. Furthermore, Conexion Inc offers training and education to enhance the leadership skills of Hispanic/Latinos.
Official website here: www.conexion-all.org
Who is the CEO of Conexion Inc?
Phyllis Barajas is the Chair of Conexion Inc.
Official website here: www.conexion-all.org
What is the revenue of Conexion Inc?
Conexion Inc's revenue in 2022 was $725,762.
Official website here: www.conexion-all.org
Who are the executives of Conexion Inc and what are their salaries?
The average compensation at Conexion Inc during 2022 was $81,695. There are 3 employees and 69 volunteers at Conexion Inc.
Here are 8 key members and their salaries:
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- Compensation: $161,036
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Official website here: www.conexion-all.org
Where can I find the form 990 for Conexion Inc?
Conexion Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.conexion-all.org
Learn more at the official website: www.conexion-all.org
Mission Statement of Conexion Inc
Conexion Inc, a nonprofit organization, is dedicated to fostering leadership development, networking, and cooperation within the Latino community in the United States. Its primary objective is to advocate for the representation of Hispanic/Latino community leaders in corporate boards and leadership positions, both public and private, across the nation. By doing so, Conexion Inc aims to build social capital within and on behalf of the Latino community.
In addition to advocacy, Conexion Inc also plays a crucial role in informing the public about the significance of Hispanics/Latinos in society and the workforce. The organization provides thought leadership to influence industry decision-makers, promoting the advancement of Hispanic/Latino leaders. To further empower this community, Conexion Inc offers training and education to enhance the leadership skills of Hispanics/Latinos, ensuring they are well-equipped to take on leadership roles in various sectors.
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Impact
October, 2024
Conexion Inc significantly influences the Latino community in the United States by enhancing leadership development, fostering networking opportunities, and encouraging cooperation among Latino professionals. The organization actively advocates for greater representation of Hispanic/Latino leaders in both public and private sectors, striving to place these leaders on boards and in influential corporate roles.
Its comprehensive programs, such as a ten-month mentoring and leadership initiative, empower over 60 Latino professionals at various career stages by providing them with the necessary skills and resources to advance in their fields. The program not only facilitates personal growth through valuable mentorship but also strengthens community bonds, building vital social capital.
Conexion Inc plays a crucial role in raising awareness about the importance of Hispanic/Latinos in the workforce and society. By engaging with industry decision-makers, it provides thought leadership that shapes policies and practices, advocating for the advancement of Hispanic/Latino professionals.
The utilization of donated resources, including meeting spaces valued at approximately $39,408, coupled with the volunteer mentor contributions estimated at $368,640, highlights the community's ongoing investment in cultivating a leadership pipeline. This combination of professional development, advocacy, and community engagement creates a robust foundation for the advancement of Latino leadership across various sectors, ensuring their contributions are recognized and valued.
This information is meant to be a general summary of Conexion 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.
- Program Service Revenue: $600,000
- Gross Receipts: $725,762
Assets and Liabilities:
- Total Assets: $501,729
- Total Liabilities: $85,879
- Net Assets: $415,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM TUITION
Revenue
$600,000
Organization Details
Founding Year
2006
Phone
(617) 923-2555Principal Officer
Phyllis Barajas
Main Address
28 STATE STREET SUITE 2304, BOSTON, MA, 02109
Website
www.conexion-all.orgNTEE Category
Code: J22 - Employment
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