Overview
What is Centro Unido Latino Americano?
Centro Unido Latino Americano is a nonprofit organization situated in Marion, North Carolina. With a dedicated team of 13 individuals, their mission is to provide assistance and support to the Hispanic and broader community residing in McDowell County. Their primary activities include offering aid and resources to these communities, ensuring that they have the necessary assistance to thrive in their local environment. The organization is committed to promoting equality and harmony within the community, thereby contributing to its overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
Centro Unido Latino Americano has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. While the organization boasts a strong accountability and finance score of 67%, it lacks essential financial transparency, evidenced by missing financial statements and key policies such as conflict of interest and whistleblower protections. The organization has 100% independent board members and a favorable liabilities to assets ratio, which suggests a solid governance structure.
One of the organization's strengths is its impressive program expense ratio of 98.56%, indicating that almost all of its expenses are directed towards programs rather than administrative costs. This focus on programmatic spending is a positive sign for donors looking to support effective initiatives. Additionally, there are no reported issues with material diversion of assets, reflecting good stewardship of resources.
However, the absence of required policies and documentation raises concerns about the organization's operational transparency and adherence to best practices. The lack of a website listed on the tax form further complicates accessibility for potential supporters. Moving forward, addressing these gaps could help improve its rating and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Centro Unido Latino Americano legitimate?
Centro Unido Latino Americano is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centro Unido Latino Americano 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: $121,973
For more financial information, click here
What is the mission statement of Centro Unido Latino Americano?
Centro Unido Latino Americano is an organization dedicated to assisting the Hispanic and other communities within McDowell County. Their mission is to provide support and aid to these communities, working tirelessly to meet their needs and promote overall well-being. By offering assistance, they aim to foster a sense of unity and inclusion, ensuring that all individuals in the community have access to the resources they need to thrive. The organization's activities are centered around providing aid to Hispanics specifically, aiming to improve their quality of life within the McDowell County community.
Who is the CEO of Centro Unido Latino Americano?
Francesca Hagarty is the President of Centro Unido Latino Americano.
What is the revenue of Centro Unido Latino Americano?
Centro Unido Latino Americano's revenue in 2022 was $637,938.
Who are the executives of Centro Unido Latino Americano and what are their salaries?
The average compensation at Centro Unido Latino Americano during 2022 was $9,383. There are 13 employees at Centro Unido Latino Americano.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Centro Unido Latino Americano?
Centro Unido Latino Americano's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centro Unido Latino Americano
Centro Unido Latino Americano is an organization that is committed to offering aid to the Hispanic and various other communities within McDowell County. Its primary mission is to extend assistance to these communities, ensuring they have the necessary support they need to thrive. By providing assistance, Centro Unido Latino Americano aims to foster a sense of unity and inclusion among the diverse population within McDowell County. The organization's efforts are geared towards addressing the unique challenges and needs of the Hispanic community, thereby contributing to a more cohesive and harmonious community overall.
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Impact
July, 2024
Centro Unido Latino Americano provides valuable assistance to the Hispanic and other communities within McDowell County. Through their programs and services, they support and empower Hispanic individuals and families, helping them navigate challenges and access resources. Additionally, Centro Unido Latino Americano plays a crucial role in promoting cultural awareness and diversity in the community, enriching the local arts scene and fostering a more inclusive environment. Their impact extends beyond providing assistance to creating a more vibrant and welcoming community for all residents.
This information is meant to be a general summary of Centro Unido Latino Americano. 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.
- Gross Receipts: $637,938
Assets and Liabilities:
- Total Assets: $214,613
- Total Liabilities: $0
- Net Assets: $214,613
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Organization Details
Founding Year
2020
Principal Officer
Francesca Hagarty
Main Address
79 ACADEMY ST, MARION, NC, 28752
NTEE Category
Code: A23 - Arts
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