Overview
What is Hispanic Alliance For Career Enhancement?
Hispanic Alliance for Career Enhancement (HACE) is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to foster Latino diversity within the American workforce by establishing partnerships with leading employers. Through recruitment, retention, and development programs, HACE aims to create lasting relationships with Latino professionals. The organization offers various leadership and personal development programs in select high schools and colleges, specifically targeting Latino leaders and academic achievers. By cultivating the pipeline of Latino talent and providing insight, access, and support, HACE positively impacts the American workplace, enabling Latino professionals to succeed in their careers. With a team of 26 dedicated individuals, HACE delivers opportunities for partners' talent, engages with Latino professionals and youth, and showcases their employment brand.
Official website here: www.haceonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Hispanic Alliance For Career Enhancement has received a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The high rating is based entirely on their Accountability & Finance Score, indicating effective management of their financial resources and organizational policies. The organization boasts a robust governance structure with 95% independent board members and a thorough audit and oversight process.
Strengths of the organization include their commitment to transparency, as evidenced by their comprehensive policies on conflict of interest and whistleblower protection. They have successfully maintained a low liabilities to assets ratio, which suggests a solid financial footing. Additionally, their program expense ratio indicates that a significant portion of their funds are directed toward their mission-related activities, rather than administrative costs.
However, while the organization shows strengths in financial management, it's worth noting that their program expense ratio received a score of 20 out of 25 points, suggesting there may be some room for improvement in maximizing the impact of their expenditures. Overall, the Hispanic Alliance For Career Enhancement demonstrates responsible governance and financial integrity, making them a reliable choice for donors looking to support career development initiatives for the Hispanic community.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Alliance For Career Enhancement legitimate?
Hispanic Alliance For Career Enhancement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Alliance For Career Enhancement 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: $429,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $810,880
For more financial information, click here
Official website here: www.haceonline.org
What is the mission statement of Hispanic Alliance For Career Enhancement?
The Hispanic Alliance for Career Enhancement (HACE) aims to positively impact the American workplace by cultivating the pipeline of Latino talent and providing Latinx professionals with the necessary insight, access, and support to succeed in their careers. They achieve this by collaborating with leading employers to establish recruitment, retention, and development programs. These initiatives help build lasting relationships with Latino professionals, offering opportunities for professional growth and showcasing employers' commitment to diversity. HACE also provides leadership and personal development programs in select high schools and colleges, specifically targeting Latino leaders and academic achievers.
Official website here: www.haceonline.org
Who is the CEO of Hispanic Alliance For Career Enhancement?
Patricia Mota is the Ceo & President of Hispanic Alliance For Career Enhancement. The CEO's salary of Hispanic Alliance For Career Enhancement is $228,848 and their total compensation is $257,289.
Official website here: www.haceonline.org
What is the revenue of Hispanic Alliance For Career Enhancement?
Hispanic Alliance For Career Enhancement's revenue in 2022 was $3,269,638.
Official website here: www.haceonline.org
Who are the executives of Hispanic Alliance For Career Enhancement and what are their salaries?
The average compensation at Hispanic Alliance For Career Enhancement during 2022 was $47,710. There are 26 employees and 39 volunteers at Hispanic Alliance For Career Enhancement.
Here are 25 key members and their salaries (Hispanic Alliance For Career Enhancement's CEO's salary is $228,848 and their total compensation is $257,289):
- Compensation: $228,848
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- Compensation: $163,500
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- Other: $8,793
Official website here: www.haceonline.org
Where can I find the form 990 for Hispanic Alliance For Career Enhancement?
Hispanic Alliance For Career Enhancement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.haceonline.org
Learn more at the official website: www.haceonline.org
Mission Statement of Hispanic Alliance For Career Enhancement
Hispanic Alliance for Career Enhancement (HACE) aims to positively impact the American workplace by cultivating the pipeline of Latino talent and providing Latino professionals with the necessary insights, access, and support to succeed in their careers. The organization's mission is to instill Latino diversity in the workforce through partnerships with leading employers, implementing recruitment, retention, and development programs. These partnerships not only provide opportunities for Hispanic professionals but also allow employers to engage with and showcase their brand to this talented demographic. HACE offers a variety of leadership and personal development programs in select high schools and colleges, specifically tailored for Latino leaders and academic achievers. By fostering these programs, HACE contributes to the professional growth and success of Latino professionals in the American workforce.
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Impact
October, 2024
The Hispanic Alliance for Career Enhancement (HACE) significantly impacts the American workplace by nurturing Latino talent and fostering diversity within organizations. By implementing targeted recruitment and retention programs, HACE partners with leading employers to create pathways for Latino professionals.
These initiatives not only enhance the visibility of Latino talent but also facilitate meaningful relationships, providing essential insights and access to resources that empower individuals in their careers. HACE's leadership and personal development programs are specifically designed for Latino youth and professionals, ensuring they have the skills and support necessary to thrive in competitive environments.
This comprehensive approach promotes an inclusive workplace culture, ultimately benefiting both employers and Latino professionals. Through its efforts, HACE contributes to a more diverse, dynamic, and equitable workforce, enriching the professional landscape across various industries.
This information is meant to be a general summary of Hispanic Alliance For Career Enhancement. 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: $934
- Program Service Revenue: $2,714,428
- Gross Receipts: $3,694,369
Assets and Liabilities:
- Total Assets: $2,788,400
- Total Liabilities: $791,066
- Net Assets: $1,997,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$2,610,338
EVENTS
Revenue
$104,090
Organization Details
Founding Year
1983
Phone
(312) 435-0498Principal Officer
Patricia Mota
Main Address
159 N SANGAMON ST 200, CHICAGO, IL, 60607
Website
www.haceonline.orgNTEE Category
Code: J20 - Employment
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