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Capital District Latinos Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453647494 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Capital District Latinos Inc?

Capital District Latinos Inc, situated in Bronx, New York, serves as a vital resource for individuals of Hispanic heritage residing in Albany. As a nonprofit organization, their primary mission is to foster cultural enrichment and promote community engagement within this demographic. With a dedicated workforce of seven individuals, they strive to enrich the lives of their community members by providing opportunities for cultural exchange and community involvement. The organization's activities are centered around promoting cultural enrichment and community engagement, catering specifically to those of Hispanic heritage in Albany, New York.


Official website here: www.acacianetwork.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

Capital District Latinos Inc has received a rating of 81%, which translates to a Three-Star rating, indicating it has a solid performance in terms of accountability and finance. This rating is derived solely from their accountability and finance score, reflecting a strong commitment to transparency and ethical governance.

The organization demonstrates strengths in several areas, including a fully independent board, effective financial oversight, and robust policies related to conflict of interest and whistleblower protections. Notably, all board members are independent, and their financial statements have been reviewed or compiled, showcasing high levels of accountability. Furthermore, an impressive 92.70% of their expenses are allocated towards programs, highlighting their focus on mission-driven activities.

However, the salaries of key personnel are notably high, with the President earning $861,432 and the CEO $748,860, which may raise questions about financial prioritization within the organization. While the charity is well-rated for its governance and financial practices, potential donors may want to consider the implications of executive compensation in relation to their overall mission impact.


This AI summary has been generated from information found on Charity Navigator.

Is Capital District Latinos Inc legitimate?

Capital District Latinos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital District Latinos 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,294

For more financial information, click here


Official website here: www.acacianetwork.org

What is the mission statement of Capital District Latinos Inc?

Capital District Latinos Inc, as an organization, is dedicated to enriching the culture and fostering community engagement for individuals of Hispanic heritage residing in New York. Their mission is centered around providing opportunities that promote cultural appreciation and encourage community involvement. By doing so, they aim to create a supportive environment where individuals can connect and celebrate their shared heritage. Their activities and initiatives are designed to promote cultural awareness and foster a sense of belonging within the Hispanic community.


Official website here: www.acacianetwork.org

Who is the CEO of Capital District Latinos Inc?

Lymaris Albors is the President of Capital District Latinos Inc. The CEO's salary of Capital District Latinos Inc is $0 and their total compensation is $795,306.


Official website here: www.acacianetwork.org

What is the revenue of Capital District Latinos Inc?

Capital District Latinos Inc's revenue in 2022 was $514,725.


Official website here: www.acacianetwork.org

Who are the executives of Capital District Latinos Inc and what are their salaries?

The average compensation at Capital District Latinos Inc during 2022 was $39,328. There are 7 employees and 6 volunteers at Capital District Latinos Inc.


Here are 10 key members and their salaries (Capital District Latinos Inc's CEO's salary is $0 and their total compensation is $795,306):


Raul Russi (President)
  • Compensation: $0
  • Related: $861,432
  • Other: $73,959
Lymaris Albors (Chief Executive Officer)
  • Compensation: $0
  • Related: $748,860
  • Other: $46,446
Jose A Rodriguez (Chief Legal Officer/Exec. Vp)
  • Compensation: $0
  • Related: $560,176
  • Other: $40,861
Vicky Gatell (Chief Financial Officer)
  • Compensation: $0
  • Related: $432,484
  • Other: $41,248
Migdalia Jimenez (Exec. Dir - Capital Region)
  • Compensation: $138,109
  • Related: $0
  • Other: $19,217
Dan Irizarry (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Hernandez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alitha Rodriguez-Rolon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Andrusz-Ho Ching (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen J Villa-Lugo Esq (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acacianetwork.org

Where can I find the form 990 for Capital District Latinos Inc?

Capital District Latinos Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acacianetwork.org

Learn more at the official website: www.acacianetwork.org

Mission Statement of Capital District Latinos Inc

Capital District Latinos Inc, a nonprofit organization, is dedicated to enriching the cultural experiences and fostering community engagement for individuals of Hispanic heritage living in Albany, New York. Their mission is centered around promoting cultural diversity and encouraging active participation within the Hispanic community. By providing various opportunities for cultural enrichment and community engagement, Capital District Latinos Inc aims to create a thriving and inclusive environment for those of Hispanic heritage.

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Impact




July, 2024

Capital District Latinos Inc's impact can be seen in the vibrant cultural enrichment and strong community engagement they provide for individuals of Hispanic heritage living in Albany, New York. Through their activities and programs, they foster a sense of belonging and pride within the Hispanic community, promoting health and well-being while celebrating their heritage. Their work not only enriches the lives of those they serve but also strengthens the fabric of diversity and inclusivity in the region.




This information is meant to be a general summary of Capital District Latinos 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.

Revenue
$514,725 (2022)
Expenses
$694,119 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $8,430
  • Gross Receipts: $514,725

Assets and Liabilities:

  • Total Assets: $898,228
  • Total Liabilities: $1,446,753
  • Net Assets: -$548,525

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$8,430

Organization Details

Founding Year

2011

Principal Officer

Lymaris Albors

Main Address

300 East 175th Street, Bronx, NY, 10457

NTEE Category

Code: E80 - Health

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