Overview
What is Hispanic Association Of Colleges & Universities?
The Hispanic Association of Colleges & Universities (HACU) is a nonprofit organization based in San Antonio, Texas, specifically located at 4801 NW LOOP 410 Suite 701. HACU champions Hispanic success in higher education by promoting the development of member colleges and universities. They improve access to and the quality of post-secondary educational opportunities for Hispanic students and cater to the needs of business, industry, and government through the sharing of resources, information, and expertise. HACU fulfills its mission by overseeing collaborative projects funded by federal agencies, corporations, and foundations in conjunction with Hispanic Serving Institutions (HSI). These projects award scholarships to students, with funding from various corporate and federal sponsors. HACU employs a team of 416 individuals dedicated to this noble cause.
Official website here: www.hacu.net
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The Hispanic Association of Colleges & Universities has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 97% in this area, the organization demonstrates effective management of its resources, transparency in its financial practices, and a commitment to ethical governance, including a fully independent board and robust oversight mechanisms.
Strengths noted include a commendable program expense ratio of 75.64%, indicating that a significant portion of its funds is directed toward its core mission. Additionally, the organization excels in fundraising efficiency, with a minimal cost of $0.02 for every dollar raised. These factors highlight a well-structured financial strategy that prioritizes programmatic impact.
While the organization has a strong overall score, the data reveals room for improvement in its culture and community aspects, where it scored 93%. This suggests that while the organization is performing well, there may be opportunities to enhance community engagement and internal culture further. Nonetheless, the Hispanic Association of Colleges & Universities stands out as a highly effective nonprofit dedicated to supporting Hispanic educational institutions.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Association Of Colleges & Universities legitimate?
Hispanic Association Of Colleges & Universities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Association Of Colleges & Universities 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: $2,305,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,810,804
For more financial information, click here
Official website here: www.hacu.net
What is the mission statement of Hispanic Association Of Colleges & Universities?
The Hispanic Association of Colleges and Universities (HACU) advocates for the success of Hispanic students in higher education. In pursuit of this goal, HACU works to advance member colleges and universities, enhancing the accessibility and quality of post-secondary educational opportunities for Hispanic students. Through resource development and sharing, information dissemination, and expertise provision, HACU addresses the needs of various sectors, including business, industry, and government.
Official website here: www.hacu.net
Who is the CEO of Hispanic Association Of Colleges & Universities?
Antonio Flores is the CEO of Hispanic Association Of Colleges & Universities The CEO's salary of Hispanic Association Of Colleges & Universities is $622,733 and their total compensation is $827,447.
Official website here: www.hacu.net
What is the revenue of Hispanic Association Of Colleges & Universities?
Hispanic Association Of Colleges & Universities's revenue in 2023 was $20,493,629.
Official website here: www.hacu.net
Who are the executives of Hispanic Association Of Colleges & Universities and what are their salaries?
The average compensation at Hispanic Association Of Colleges & Universities during 2023 was $17,397. There are 524 employees at Hispanic Association Of Colleges & Universities.
Here are 28 key members and their salaries (Hispanic Association Of Colleges & Universities's CEO's salary is $622,733 and their total compensation is $827,447):
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- Compensation: $622,733
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- Compensation: $143,588
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- Other: $6,436
Official website here: www.hacu.net
Where can I find the form 990 for Hispanic Association Of Colleges & Universities?
Hispanic Association Of Colleges & Universities's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hacu.net
Learn more at the official website: www.hacu.net
Mission Statement of Hispanic Association Of Colleges & Universities
The Hispanic Association of Colleges & Universities (HACU) is a mission-driven organization dedicated to championing the success of Hispanics in higher education. This nonprofit takes action to further the development of its member colleges and universities, enhancing access to and the quality of post-secondary educational opportunities for Hispanic students. By sharing resources, information, and expertise with businesses, industry, and government, HACU plays a pivotal role in bridging the gap between academic institutions and the wider community.
In essence, HACU's primary objective is to advocate for and support the educational advancement of Hispanics. It achieves this through a multifaceted approach, leveraging its extensive network of colleges and universities to amplify opportunities and opportunities for Hispanic students. Moreover, HACU takes a proactive stance in addressing the needs of various stakeholders, ensuring that the voices and perspectives of Hispanics are not only heard but also integrated into the broader educational landscape.
HACU's mission transcends the confines of individual institutions, instead focusing on the larger societal impact of higher education on Hispanic communities. As a result, HACU is at the forefront of championing the cause for greater access to quality education, ultimately fostering a more inclusive and equitable future for Hispanics and the nation as a whole.
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Impact
October, 2024
The Hispanic Association of Colleges & Universities (HACU) plays a crucial role in enhancing Hispanic success in higher education. By focusing on the development of Hispanic-Serving Institutions (HSIs), HACU works to improve access to quality post-secondary educational opportunities for Hispanic students.
One of its significant impacts is the provision of scholarships and faculty development programs, which are made possible through collaborations with federal agencies, corporations, and private foundations. These initiatives not only support students financially but also empower educators to better serve their communities and address the specific needs of Hispanic learners.
Additionally, HACU addresses workforce needs by fostering relationships between educational institutions and various sectors, including business and government. This ensures that educational programs align with current market demands, ultimately contributing to the success of Hispanic students and their integration into the workforce.
Overall, HACU's commitment to championing Hispanic success in higher education significantly influences the landscape of educational access and quality, promoting a more diverse and inclusive academic environment.
This information is meant to be a general summary of Hispanic Association Of Colleges & Universities. 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 2023.
- Investment Income: $135,372
- Program Service Revenue: $2,663,709
- Gross Receipts: $20,493,629
Assets and Liabilities:
- Total Assets: $18,361,631
- Total Liabilities: $4,879,155
- Net Assets: $13,482,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES & PUBLICATIONS
Revenue
$2,663,709
Organization Details
Founding Year
1986
Principal Officer
Dr Antonio R Flores
Website
www.hacu.netNTEE Category
Code: B90Z - Education
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