Overview
What is Inquilinos Boricuas En Accion Inc?
Inquilinos Boricuas En Accion Inc, based in Boston, Massachusetts, is a nonprofit housing organization employing 36 individuals. Their primary mission is to develop and provide affordable housing for low and moderate-income families and elders, ensuring a safe, healthy, and high-quality living environment. The organization offers various services, such as counseling, case management, and advocacy, to help families at risk of losing their homes. IBA's broader goals encompass empowering individuals and families to improve their lives through affordable housing, education, and arts programs.
Official website here: www.ibaboston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Inquilinos Boricuas En Accion Inc has achieved a high level of accountability and transparency, reflected in its excellent Four-Star rating from Charity Navigator. The organization scored 100% in its Accountability & Finance beacon, indicating strong financial practices and governance. The presence of a fully independent board, along with thorough audit and oversight practices, further reinforces its credibility in managing funds responsibly.
The nonprofit excels in maintaining a low liabilities-to-assets ratio of 29.32%, demonstrating prudent financial management. Additionally, a remarkable program expense ratio of 87.51% indicates that a significant portion of its funding is directed towards its programs and services, rather than administrative costs. This focus on programmatic efficiency suggests that the organization is committed to maximizing its impact in the community it serves.
While the data highlights strong performance in key areas, specific details regarding the organization’s programmatic outcomes or community feedback were not provided. Nonetheless, the financial and governance metrics suggest that Inquilinos Boricuas En Accion Inc is a trustworthy option for potential donors and supporters looking to contribute to community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Inquilinos Boricuas En Accion Inc?
88% of 79 reviewers on Facebook recommend Inquilinos Boricuas En Accion Inc. Here is a summary of their reviews:
Many reviewers admire the organization's gallery and the variety of educational and inspiring events they host. The positive energy and community-focused initiatives resonate well with attendees, highlighting a strong appreciation for the nonprofit's efforts in enriching the cultural landscape of Boston.
While the feedback is generally favorable, there is a sentiment that even more outreach and engagement could enhance their impact. Overall, the organization is seen as a valuable resource in the community, and there is a clear desire for increased visibility and access to their programs.
This AI summary has been generated from reviews found on Facebook.
Is Inquilinos Boricuas En Accion Inc legitimate?
Inquilinos Boricuas En Accion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inquilinos Boricuas En Accion 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: $606,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,318,607
For more financial information, click here
Official website here: www.ibaboston.org
What is the mission statement of Inquilinos Boricuas En Accion Inc?
Inquilinos Boricuas En Accion Inc, a non-profit organization, empowers and engages individuals and families to enhance their lives through high-quality affordable housing, education, and arts programs. The primary objective is to provide a secure, healthy, and affordable living environment for low and moderate-income families and elders, ensuring the highest quality of life. Additionally, IBA supports families at risk of losing their homes by offering various services, including counseling, case management, and advocacy. The organization's mission is geared towards improving lives and fostering community growth through the provision of essential resources.
Official website here: www.ibaboston.org
Who is the CEO of Inquilinos Boricuas En Accion Inc?
Vanessa Calderon-Rosado is the President of Inquilinos Boricuas En Accion Inc. The CEO's salary of Inquilinos Boricuas En Accion Inc is $299,346 and their total compensation is $324,654.
Official website here: www.ibaboston.org
What is the revenue of Inquilinos Boricuas En Accion Inc?
Inquilinos Boricuas En Accion Inc's revenue in 2022 was $18,804,010.
Official website here: www.ibaboston.org
Who are the executives of Inquilinos Boricuas En Accion Inc and what are their salaries?
The average compensation at Inquilinos Boricuas En Accion Inc during 2022 was $81,262. There are 36 employees and 14 volunteers at Inquilinos Boricuas En Accion Inc.
Here are 17 key members and their salaries (Inquilinos Boricuas En Accion Inc's CEO's salary is $299,346 and their total compensation is $324,654):
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- Compensation: $299,346
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- Other: $27,713
- Compensation: $163,975
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- Other: $18,816
Official website here: www.ibaboston.org
Where can I find the form 990 for Inquilinos Boricuas En Accion Inc?
Inquilinos Boricuas En Accion Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ibaboston.org
Learn more at the official website: www.ibaboston.org
Mission Statement of Inquilinos Boricuas En Accion Inc
Inquilinos Boricuas En Accion (IBA), a distinguished non-profit organization, is dedicated to empowering individuals and families to enhance their lives. Through its commitment to providing high-quality affordable housing, education, and arts programs, IBA strives to create an environment that promotes the highest quality of life for low and moderate-income families and elders.
IBA's mission is multifaceted, encompassing the provision of affordable housing and essential services. With a primary focus on offering affordable, safe, and healthy living spaces, IBA enables families to build a solid foundation for their futures. For those at risk of losing their homes, IBA extends a helping hand through various services, including counseling, case management, and advocacy.
Beyond its role as a housing provider, IBA also champions the cause of education and arts programs. By offering these opportunities, the organization supports the holistic development of its residents, fostering a vibrant and engaged community. Through these initiatives, Inquilinos Boricuas En Accion (IBA) is not just an affordable housing provider, but a dynamic force that empowers its residents to improve their lives and reach their full potential.
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Impact
October, 2024
Inquilinos Boricuas En Accion Inc (IBA) significantly enhances the quality of life for individuals and families in Boston, particularly those from low and moderate-income backgrounds. By developing high-quality, affordable housing, IBA creates safe and healthy environments that foster community well-being.
The organization plays a crucial role in empowering families at risk of losing their homes. Through services like counseling, case management, and advocacy, IBA helps households retain their housing, ensuring stability and security for those most in need.
Additionally, IBA emphasizes the importance of education and the arts, providing programs that not only enrich lives but also engage community members in personal and professional development. This holistic approach not only addresses immediate housing needs but also invests in the long-term growth and empowerment of the community, promoting resilience and a stronger sense of belonging among residents.
This information is meant to be a general summary of Inquilinos Boricuas En Accion 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: $928,931
- Program Service Revenue: $10,878,941
- Gross Receipts: $38,031,881
Assets and Liabilities:
- Total Assets: $162,841,239
- Total Liabilities: $53,316,735
- Net Assets: $109,524,504
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$9,057,692
PARTNERSHIP DISTRIBUTIONS
Revenue
$1,199,148
PARTNERSHIP AND INCENTIVE MANAGEM
Revenue
$347,250
GROUND LEASE FEES
Revenue
$177,986
PARENT AND OTHER FEES
Revenue
$96,865
Organization Details
Founding Year
1968
Phone
(617) 927-1707Principal Officer
Vanessa Calderon-Rosado
Main Address
2 SAN JUAN STREET, BOSTON, MA, 02118
Website
www.ibaboston.orgNTEE Category
Code: L20 - Housing
If you are a representative of Inquilinos Boricuas En Accion 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.