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El Centro Amistad

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

EIN: 470864016 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

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Overview

What is El Centro Amistad?

El Centro Amistad is a nonprofit organization situated in Boulder, Colorado, specifically at 2222 14th Street. The primary focus of this organization is to promote health equity education and enhance the quality of life for the local Latino community in Boulder County. One of their prominent programs is the ALMA Program, an evidence-based peer-to-peer mentoring initiative. This organization, staffed by 10 employees, aims to create opportunities and implement programs that cater to the needs of the Latino community, thereby contributing to a more equitable and enriched living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

El Centro Amistad has received a low rating of 54% from Charity Navigator, indicating concerns regarding its accountability and financial practices. The organization has not demonstrated a commitment to having independent board members, which could raise questions about governance and oversight. Additionally, critical financial documents, including complete financial statements, are missing, which impacts transparency.

On the positive side, the nonprofit has shown a strong program expense ratio of 76.31%, suggesting that a significant portion of its expenditures is directed towards its programs rather than administrative costs. The organization also appears to maintain a healthy liabilities to assets ratio of 0.14%, indicating good financial health in terms of managing debts relative to assets.

However, the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy points to gaps in governance that could undermine trust. The lack of independent oversight and incomplete documentation may hinder El Centro Amistad's ability to effectively serve its mission and maintain donor confidence.


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

Is El Centro Amistad legitimate?

El Centro Amistad is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Centro Amistad 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: $83,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,595

For more financial information, click here

What is the mission statement of El Centro Amistad?

El Centro Amistad is committed to creating opportunities and programs that foster health equity education and enhance the quality of life for the Latino community in Boulder County, Colorado. The organization's mission is centered around promoting these aspects, aiming to make a positive impact on the community's well-being. One of their initiatives is the ALMA program, an evidence-based peer-to-peer mentoring program. This program serves as a tangible example of their mission in action, providing a supportive network for individuals within the Latino community.

Who is the CEO of El Centro Amistad?

Jorge Ds Santiago is the Principal Officer of El Centro Amistad.

What is the revenue of El Centro Amistad?

El Centro Amistad's revenue in 2021 was $783,283.

Who are the executives of El Centro Amistad and what are their salaries?

The average compensation at El Centro Amistad during 2021 was $24,694. There are 10 employees and 25 volunteers at El Centro Amistad.


Here are 9 key members and their salaries:


Jorge De Santi (President)
  • Compensation: $83,350
  • Related: $0
  • Other: $0
Edilberto Cano (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Yager (Treasurer/Boar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Motika (Secretary/Boar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Nieto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magnolia Landa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Forman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Duffy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Summer Laws (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for El Centro Amistad?

El Centro Amistad's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of El Centro Amistad

El Centro Amistad, a nonprofit organization, is committed to fostering opportunities and programs that advance health equity education and enhance the quality of life for the Latinx community in Boulder County, Colorado. Their mission is twofold: to promote health equity and improve the overall well-being of the Latinx community.

By creating a supportive environment, El Centro Amistad strives to empower this community, ensuring they have access to the resources and knowledge necessary for a better life. One of their key initiatives is the ALMA Program, an evidence-based peer-to-peer mentoring program. Through this program, individuals within the Latinx community are able to connect and support one another, fostering a sense of community and mutual growth. This program is a testament to El Centro Amistad's dedication to uplifting their community and breaking down barriers to equitable opportunities.

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Impact




July, 2024

El Centro Amistad plays a crucial role in promoting health equity education and enhancing the quality of life for the Latino community in Boulder County, Colorado. Through initiatives like the ALMA program, which provides evidence-based peer-to-peer mentoring, El Centro Amistad empowers individuals to lead healthier and more fulfilling lives. By focusing on human services and community support, El Centro Amistad's impact is evident in the positive outcomes experienced by the Latino population it serves in Boulder County.




This information is meant to be a general summary of El Centro Amistad. 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
$783,283 (2021)
Expenses
$753,319 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $21,400
  • Gross Receipts: $783,283

Assets and Liabilities:

  • Total Assets: $478,521
  • Total Liabilities: $4,559
  • Net Assets: $473,962

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Programs

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

PROGRAM SERVICE FEE

Revenue

$21,400

Organization Details

Founding Year

2002

Principal Officer

Jorge Ds Santiago

Main Address

2222 14TH ST, BOULDER, CO, 80302

NTEE Category

Code: P24 - Human services

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