Overview
What is Virginia Hispanic Chamber Foundation?
The Virginia Hispanic Chamber Foundation, located at 10700 Midlothian Turnpike 200, N Chesterfield, VA 23235, is a nonprofit organization committed to supporting the Hispanic community in integrating into Virginia. Their primary initiative, called Pasaporte a la Educacion, aims to help Hispanic students overcome educational barriers and pursue higher education and skill certifications. This program has served students in the City of Richmond and County of Chesterfield public schools, with 100 students participating in bilingual leadership mentoring programs across elementary, middle, and high schools. The Virginia Hispanic Chamber of Commerce Foundation's mission is to provide education and information to facilitate the successful integration of the Hispanic community into Virginia.
Official website here: www.vahf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 61%)
The Virginia Hispanic Chamber Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its financial accountability and transparency. While the foundation scored well in areas such as independent board member composition and material diversion of assets, it lacks essential policies like conflict of interest, whistleblower, and document retention, which are critical for organizational integrity.
The foundation demonstrates a strong program expense ratio of 79.54%, suggesting that a significant portion of its funding is directed towards its mission-related activities. However, its liabilities to assets ratio is quite high at 86.29%, which may raise concerns about its financial stability and sustainability in the long term. The leadership salaries appear modest, with the Director earning $60,000 and the CEO $20,400, indicating a commitment to keeping executive compensation reasonable.
In summary, while the Virginia Hispanic Chamber Foundation shows strengths in governance and program funding, the absence of key policies and financial concerns pose challenges that the organization must address to enhance its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Hispanic Chamber Foundation legitimate?
Virginia Hispanic Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Hispanic Chamber Foundation 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: $80,400
Professional Fundraising Fees: $9,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vahf.org
What is the mission statement of Virginia Hispanic Chamber Foundation?
The Virginia Hispanic Chamber Foundation's mission is centered around providing educational resources and information to aid the Hispanic community in integrating successfully into the Virginia community. To accomplish this, the foundation offers programs like Pasaporte a la Educacion, which aims to support Hispanic students in their pursuit of higher education and skill-set certifications, addressing the challenges they may face in a culturally sensitive manner. The foundation serves students in public schools in the City of Richmond and County of Chesterfield, offering bilingual leadership mentoring programs in elementary, middle, and high schools.
Official website here: www.vahf.org
Who is the CEO of Virginia Hispanic Chamber Foundation?
Michel Zajur is the Director of Virginia Hispanic Chamber Foundation. The CEO's salary of Virginia Hispanic Chamber Foundation is $20,400 and their total compensation is $20,400.
Official website here: www.vahf.org
What is the revenue of Virginia Hispanic Chamber Foundation?
Virginia Hispanic Chamber Foundation's revenue in 2022 was $149,770.
Official website here: www.vahf.org
Who are the executives of Virginia Hispanic Chamber Foundation and what are their salaries?
There 50 volunteers at Virginia Hispanic Chamber Foundation.
Here are 9 key members and their salaries (Virginia Hispanic Chamber Foundation's CEO's salary is $20,400 and their total compensation is $20,400):
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $20,400
- 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
Official website here: www.vahf.org
Where can I find the form 990 for Virginia Hispanic Chamber Foundation?
Virginia Hispanic Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vahf.org
Learn more at the official website: www.vahf.org
Mission Statement of Virginia Hispanic Chamber Foundation
The Virginia Hispanic Chamber of Commerce Foundation, abbreviated as VAHCCF, is committed to aiding the Hispanic community in integrating themselves successfully into the Commonwealth of Virginia. To achieve this, the foundation focuses on providing education and relevant information. One of their initiatives, the Pasaporte a la Educacion program, specifically targets Hispanic students in local schools, addressing the challenges they face on their journey towards higher education and skill-set certifications in a compassionate and culturally sensitive manner. This program has engaged over 100 students in bilingual leadership mentoring programs at various school levels, contributing to their growth and success.
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Impact
October, 2024
The Virginia Hispanic Chamber Foundation significantly impacts the Hispanic community in Virginia by providing essential educational resources and support for integration into the local society. Its Pasaporte a la Educacion program directly addresses the challenges faced by Hispanic students, helping them stay on track for higher education and certification in valuable skill sets.
In particular, the program reaches students in Richmond and Chesterfield, with 100 individuals participating in bilingual leadership mentoring that spans elementary through high school. By fostering a nurturing and culturally relevant environment, the foundation ensures these students gain the necessary tools and guidance to thrive academically and personally, ultimately enhancing their future opportunities and contributions to the community.
This information is meant to be a general summary of Virginia Hispanic Chamber Foundation. 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.
- Gross Receipts: $149,770
Assets and Liabilities:
- Total Assets: $51,193
- Total Liabilities: $44,178
- Net Assets: $7,015
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Organization Details
Founding Year
2002
Phone
(804) 306-4404Principal Officer
Michel Zajur
Main Address
10700 Midlothian Turnpike 200, N Chesterfield, VA, 23235
Website
www.vahf.orgNTEE Category
Code: A20 - Arts
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