Overview
What is Latino Organization Of The Southwest?
The Latino Organization Of The Southwest, situated in Chicago, Illinois, is a dedicated nonprofit organization that focuses on addressing the evolving economic, educational, social, and political challenges within the Latino community. They accomplish this through a variety of programs, such as facilitating the process of obtaining citizenship, aiding in the qualification for public benefits, and providing energy assistance. Additionally, they offer support to at-risk juveniles through tutoring, mentoring, and community service initiatives. The organization's mission is to foster awareness of the social, political, economic, and cultural realities that empower Latinos to develop critical thinking and further personal growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Latino Organization Of The Southwest has received an overall score of 82%, reflecting a strong emphasis on accountability and finance. This rating indicates that the organization meets high standards in financial management and transparency, which is crucial for building trust with donors and stakeholders.
The organization boasts a fully independent board, with 100% of its members being independent. This governance structure is complemented by excellent financial oversight, as evidenced by their perfect scores in areas like board meeting documentation and the absence of asset diversion. Additionally, they allocate 88.47% of their expenses directly to programs, showcasing a commitment to maximizing the impact of their funding.
However, while the organization demonstrates robust financial practices, the single-beacon score indicates that there may be limited data available about other aspects of their operations. Potential donors might benefit from exploring further details about the organization's programmatic effectiveness and overall impact beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Latino Organization Of The Southwest legitimate?
Latino Organization Of The Southwest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Organization Of The Southwest 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,249
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What is the mission statement of Latino Organization Of The Southwest?
The Latino Organization Of The Southwest's mission is centered around raising awareness of the social, political, economic, and cultural realities that impact the Latino community. This aim is designed to foster critical thinking and personal growth among Latinos. The organization accomplishes this mission by addressing various changing issues within the Latino community, such as economic, educational, social, and political concerns. They achieve this through various programs, including assisting individuals in obtaining citizenship, qualifying for public benefits, and obtaining energy assistance. Additionally, they offer support to at-risk juveniles through tutoring, mentoring, and community service programs.
Who is the CEO of Latino Organization Of The Southwest?
Hector Rico is the President of Latino Organization Of The Southwest.
What is the revenue of Latino Organization Of The Southwest?
Latino Organization Of The Southwest's revenue in 2022 was $586,304.
Who are the executives of Latino Organization Of The Southwest and what are their salaries?
The average compensation at Latino Organization Of The Southwest during 2022 was $30,635. There are 13 employees and 15 volunteers at Latino Organization Of The Southwest.
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Where can I find the form 990 for Latino Organization Of The Southwest?
Latino Organization Of The Southwest's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Latino Organization Of The Southwest
The Latino Organization of the Southwest, abbreviated as LOSS, is committed to fostering an understanding of the social, political, economic, and cultural landscape among Latinos. Their mission is to empower individuals within the Latino community by cultivating critical thinking and knowledge, thereby facilitating personal growth. To achieve this objective, LOSS engages in various programs that address evolving economic, educational, social, and political challenges in the Latino community. These initiatives encompass obtaining citizenship, qualifying for public benefits, and securing energy assistance. Furthermore, LOSS extends its support to at-risk juveniles through tutoring, mentoring, and community service.
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Impact
July, 2024
The Latino Organization Of the Southwest makes a significant impact by creating awareness of the social, political, economic, and cultural realities that empower Latinos to develop critical thinking and knowledge for personal growth. They address changing economic, educational, social, and political issues within the Latino community through various programs. This includes assisting with citizenship, qualifying for public benefits, providing energy assistance, and supporting at-risk juveniles through tutoring, mentoring, and community service. Their work directly benefits individuals in Chicago, IL, by providing essential human services and fostering a stronger, more empowered Latino community.
This information is meant to be a general summary of Latino Organization Of The Southwest. 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: $33,809
- Gross Receipts: $586,304
Assets and Liabilities:
- Total Assets: $241,402
- Total Liabilities: $0
- Net Assets: $241,402
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$33,809
Organization Details
Founding Year
2003
Phone
(773) 581-1900Principal Officer
Hector Rico
Main Address
4051 W 63RD STREET, CHICAGO, IL, 606294638
NTEE Category
Code: P20 - Human services
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