Overview
What is Cuban Club Foundation Inc?
The Cuban Club Foundation Inc, situated in Tampa, Florida, is a nonprofit organization committed to preserving and restoring the Cuban Club building, a historic site listed on the National Register of Historic Places. The building once housed Circulo Cubano, a mutual aid society and the first Health Maintenance Organization (HMO) in the United States. This society offered comprehensive services, including healthcare, burial plots, social activities, theatre, and athletic leagues, to its members for a low weekly fee. The club aimed to support Cuban immigrants in Tampa, providing assistance and aid to the sick. Although the club no longer serves its original purpose, the building serves as an event center, generating funds for preservation activities. Tours are also available to explore the unique immigrant experience the building represents.
Official website here: www.thecubanclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
The Cuban Club Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low score of 54% overall, which reflects weaknesses in governance, particularly the absence of independent board members and missing conflict of interest and whistleblower policies.
Despite these governance shortcomings, the foundation demonstrates a strong commitment to its mission with a program expense ratio of 100%, meaning all its expenses go directly towards its programs. However, the lack of financial statements and transparency in reporting raises questions about its financial health and operational practices.
Additionally, while the organization has been noted for not having any material diversion of assets, the absence of essential policies and financial documentation diminishes confidence in its governance. Overall, potential donors and stakeholders may want to exercise caution given the current rating and the transparency issues highlighted.
This AI summary has been generated from information found on Charity Navigator.
Is Cuban Club Foundation Inc legitimate?
Cuban Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cuban Club Foundation 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:
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For more financial information, click here
Official website here: www.thecubanclub.org
What is the mission statement of Cuban Club Foundation Inc?
The Cuban Club Foundation Inc. is committed to preserving and restoring the Cuban Building, a historic site listed on the National Register of Historic Places. The foundation aims to promote the building's history and heritage, as it once housed the Circulo Cubano, a mutual aid society and the first HMO in the United States. The Circulo Cubano offered cradle-to-grave services, including healthcare, burial plots, social activities, theater, and athletic leagues, to support the lives of immigrants beyond their workplaces. Although the club no longer serves its original purpose, the building serves as an events center for the foundation to raise funds for preservation activities. The Cuban Building is open for tours, allowing visitors to explore its history and the unique immigrant experience it represents.
Official website here: www.thecubanclub.org
Who is the CEO of Cuban Club Foundation Inc?
Patrick Manteiga is the President of Cuban Club Foundation Inc.
Official website here: www.thecubanclub.org
What is the revenue of Cuban Club Foundation Inc?
Cuban Club Foundation Inc's revenue in 2022 was $1,442,003.
Official website here: www.thecubanclub.org
Who are the executives of Cuban Club Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.thecubanclub.org
Where can I find the form 990 for Cuban Club Foundation Inc?
Cuban Club Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecubanclub.org
Learn more at the official website: www.thecubanclub.org
Mission Statement of Cuban Club Foundation Inc
The Cuban Club Foundation Inc is committed to preserving and restoring the Cuban Building, a historical site listed on the National Register of Historic Places. This building was originally built to house the Circulo Cubano, a mutual aid society that provided cradle-to-grave services for its members, including healthcare, burial plots, social activities, theatre, athletic leagues, and assistance for the sick. The Circulo Cubano aimed to unite all Cuban residents of Tampa and offer aid to those in need. Although the club no longer exists for its original purpose, the building serves as a testament to the unique immigrant experience. The Cuban Club Foundation Inc utilizes the building as an events center to raise funds for preservation activities and offers tours for visitors to learn about its history.
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Impact
July, 2024
Cuban Club Foundation Inc's impact lies in its dedication to the restoration and preservation of the historic Cuban Club Building in Tampa, Florida. This building, listed on the National Register of Historic Places, holds significant heritage as the former home of the Circulo Cubano, a pioneering mutual aid society and the first HMO in the United States.
Through its activities, the Cuban Club Foundation showcases the immigrant experience and promotes the history of the building and its cultural significance. By using the building as an events center for fundraising, the foundation raises money for preservation efforts, ensuring that this important part of Tampa's history is safeguarded for future generations to appreciate and learn from. Open for tours, the Cuban Club Building serves as a living testament to the unique community support and social services provided by the Circulo Cubano, illustrating the impactful legacy of this historic establishment on the lives of Cuban residents in Tampa.
This information is meant to be a general summary of Cuban Club Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,588
- Program Service Revenue: $643,736
- Gross Receipts: $1,442,003
Assets and Liabilities:
- Total Assets: $5,404,821
- Total Liabilities: $157,388
- Net Assets: $5,247,433
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HISTORIC BUILDING
Revenue
$430,335
PROGRAM SERVICES REVENUE
Revenue
$181,646
REVENUES-OTHER
Revenue
$31,755
Organization Details
Founding Year
1991
Phone
(813) 248-3921Principal Officer
Patrick Manteiga
Main Address
2010 AVENIDA REPUBLICA DE CUBA, TAMPA, FL, 33605
Website
www.thecubanclub.orgNTEE Category
Code: S99Z - Community improvement
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