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Boricua College

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

EIN: 510175975 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Boricua College?

Boricua College, located in New York, New York, is a dedicated nonprofit institution that strongly believes in the intertwined nature of culture and education. With a team of 189 committed individuals, Boricua College offers personalized programs to provide a robust educational foundation. The organization's mission, although detailed in Schedule O, can be summarized as their commitment to fostering a culturally enriched learning environment. Boricua College's activities are geared towards empowering individuals, contributing to the community, and promoting a strong connection between culture and education.


Official website here: www.boricuacollege.edu

What are the reviews and ratings of this charity?

Boricua College has earned an impressive 96% rating on Charity Navigator, reflecting its strong performance in accountability and finance. This four-star rating indicates robust organizational health, particularly highlighted by the high percentage of independent board members and effective financial oversight practices. The transparency of operation is evident with comprehensive policies in place, although a minor shortfall exists with the posting of tax forms on the nonprofit's website.

The college demonstrates a commendable commitment to utilizing funds effectively, with a program expense ratio of 74.23%. This suggests that the majority of its financial resources are directed towards programmatic efforts, which is indicative of a nonprofit focused on its mission and impact within the community. Nevertheless, the absence of an impact and measurement score means potential donors may want to seek additional information regarding the outcomes of their contributions.

Currently, user reviews from GreatNonprofits are not available, making it difficult to capture broader community sentiment. However, the financial and structural strengths noted in the data provide a solid basis for trust in the organization’s governance and operational integrity.


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

Is Boricua College legitimate?

Boricua College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boricua College 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: $559,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,978,835

For more financial information, click here


Official website here: www.boricuacollege.edu

What is the mission statement of Boricua College?

Boricua College is dedicated to the belief that culture and education are deeply intertwined. The institution strives to offer a strong educational foundation through personalized programs. Unfortunately, the full mission statement of Boricua College is not provided in the available data, and as such, a comprehensive summary cannot be provided at this time. However, Boricua College's commitment to individualized education and the integration of culture into its programs can be inferred from the provided information.


Official website here: www.boricuacollege.edu

Who is the CEO of Boricua College?

Victor Alicea is the President of Boricua College.


Official website here: www.boricuacollege.edu

What is the revenue of Boricua College?

Boricua College's revenue in 2022 was $9,310,938.


Official website here: www.boricuacollege.edu

Who are the executives of Boricua College and what are their salaries?

The average compensation at Boricua College during 2022 was $29,302. There are 189 employees and 11 volunteers at Boricua College.


Here are 16 key members and their salaries:


Victor G Alicea Phd (President)
  • Compensation: $183,968
  • Related: $0
  • Other: $17,107
John Guzman (Vp Of Academic Planning Progra)
  • Compensation: $102,360
  • Related: $0
  • Other: $15,860
Irving Ramirez (Vp Of Information Technology)
  • Compensation: $77,983
  • Related: $0
  • Other: $14,701
Elias Oyola (Finance Director)
  • Compensation: $76,318
  • Related: $0
  • Other: $15,064
Francia Castro (Vp For Human Resources And Per)
  • Compensation: $67,541
  • Related: $0
  • Other: $14,418
Benito Fernandez (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Paul Blano (Secretary/Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector L Diaz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis A Gonzalez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Velez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suleika Cabrera Drinane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralina M Cardona (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose R Sanchez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Ortega (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adolfo Carrion Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Dimartino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.boricuacollege.edu

Where can I find the form 990 for Boricua College?

Boricua College's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.boricuacollege.edu

Learn more at the official website: www.boricuacollege.edu

Mission Statement of Boricua College

Boricua College, rooted in the belief that culture and education are intertwined, is dedicated to providing a solid educational foundation for its students. The institution takes a personalized approach, tailoring its programs to cater to individual needs. Although the full mission statement of Boricua College is available in Schedule O, it can be inferred that the college aims to offer a comprehensive educational experience that recognizes and values the importance of culture in shaping an individual's learning journey.

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Impact




July, 2024

Boricua College's impact lies in its commitment to the principle that culture and education are intertwined. Through its individualized programs, the college aims to provide students with a solid foundation that reflects their cultural identity. This unique approach not only fosters academic achievements but also empowers students to embrace their heritage and diversity as they pursue their educational goals. In doing so, Boricua College contributes to the enrichment of both individual lives and the broader community.




This information is meant to be a general summary of Boricua College. 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
$9,310,938 (2022)
Expenses
$12,837,570 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $273,623
  • Program Service Revenue: $4,939,527
  • Gross Receipts: $12,030,726

Assets and Liabilities:

  • Total Assets: $59,386,544
  • Total Liabilities: $15,251,921
  • Net Assets: $44,134,623

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Programs

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

TUITION

Revenue

$4,893,500

APPLICATION FEES

Revenue

$46,027

Organization Details

Founding Year

1994

Principal Officer

Victor Alicea

Main Address

3755 BROADWAY, NEW YORK, NY, 10032

NTEE Category

Code: B42Z - Education

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