Overview
What is Latino Corporate Directors Education Foundation?
The Latino Corporate Directors Education Foundation, affiliated with LCDA, is a nonprofit organization dedicated to fostering the next generation of U.S. Latina and Latino corporate directors. Their strategic priority is to prepare, position, and expand the pool of Latino C-suite executives ready for corporate board service. They achieve this through their premier BoardReady Institute (BRI), offering exclusive programs like BRI Core and BRINext, designed to equip new and aspiring directors with the necessary skills for boardroom success. These programs cater to executives at various stages of their careers, ensuring a comprehensive development pathway for Latino professionals seeking corporate governance roles.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Latino Corporate Directors Education Foundation has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 94% in this category, indicating robust fiscal management and transparency. This rating is primarily derived from the organization's performance in various accountability metrics, showcasing its effective governance practices.
One of the key strengths of the foundation is its board composition, with 100% independent board members, ensuring impartial decision-making. The organization has also demonstrated excellence in financial oversight, with no material diversion of assets and a commendable liabilities to assets ratio of 8.01%. Additionally, the foundation has established important policies regarding conflicts of interest, whistleblower protections, and document retention.
Despite these strengths, details on the foundation's overall programmatic impact or outreach efforts are not covered in the available data. Nonetheless, the impressive accountability score suggests that the organization is well-managed and reliable in its financial practices, which is crucial for donor confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is Latino Corporate Directors Education Foundation legitimate?
Latino Corporate Directors Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Corporate Directors Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Latino Corporate Directors Education Foundation?
The Latino Corporate Directors Education Foundation, an affiliate of LCDA, is dedicated to paving the way for the next generation of US Latina and Latino corporate directors. Their strategic priority is to prepare, position, and grow the supply of Latino C-suite executives, equipping them for corporate board service. They achieve this through research-based reports and thought leadership. The foundation aims to lead in this field, contributing to a more diverse and inclusive corporate board landscape.
Who is the CEO of Latino Corporate Directors Education Foundation?
Oswaldo Gromada Meza is the Co-Chair of Latino Corporate Directors Education Foundation. The CEO's salary of Latino Corporate Directors Education Foundation is $0 and their total compensation is $332,212.
What is the revenue of Latino Corporate Directors Education Foundation?
Latino Corporate Directors Education Foundation's revenue in 2022 was $1,038,957.
Who are the executives of Latino Corporate Directors Education Foundation and what are their salaries?
There 10 volunteers at Latino Corporate Directors Education Foundation.
Here are 15 key members and their salaries (Latino Corporate Directors Education Foundation's CEO's salary is $0 and their total compensation is $332,212):
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- Related: $322,000
- Other: $10,212
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- Related: $165,000
- Other: $1,375
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- Related: $128,000
- Other: $10,714
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- Related: $110,808
- Other: $6,951
- Compensation: $0
- Related: $125,500
- Other: $11,393
Where can I find the form 990 for Latino Corporate Directors Education Foundation?
Latino Corporate Directors Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Latino Corporate Directors Education Foundation
The Latino Corporate Directors Education Foundation, an affiliate of LCDA, is dedicated to paving the way for the next generation of U.S. Latina and Latino corporate directors. Working in tandem with LCDA, the foundation's strategic priority is to prepare, position, and expand the pool of Latino C-suite executives who are ready for corporate board service. This is achieved through research-based reports and thought leadership. The foundation aims to lead in this area, contributing significantly to the representation of Latino voices in corporate decision-making spheres.
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Impact
July, 2024
The Latino Corporate Directors Education Foundation's impact lies in its commitment to preparing, positioning, and growing the supply of Latino C-suite executives ready for corporate board service. By offering comprehensive board readiness programs like the BoardReady Institute (BRI), the foundation is actively accelerating the development and placement of highly credentialed Latinos in top corporate governance roles. Through their efforts, they are paving the way for the next generation of US Latina and Latino corporate directors, ensuring greater diversity and representation in boardrooms across the country.
This information is meant to be a general summary of Latino Corporate Directors Education 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.
- Investment Income: $6,580
- Program Service Revenue: $295,175
- Gross Receipts: $1,038,957
Assets and Liabilities:
- Total Assets: $829,137
- Total Liabilities: $135,847
- Net Assets: $693,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD READY INSTITUTE
Revenue
$295,175
Organization Details
Founding Year
2013
Phone
(202) 430-6954Principal Officer
Oswaldo Gromada Meza
Main Address
1032 15TH STREET NW 1377, WASHINGTON, DC, 200051503
NTEE Category
Code: B99 - Education
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