Overview
What is Hispanic Leadership Development Foundation?
The Hispanic Leadership Development Foundation, situated in San Antonio, Texas, is a nonprofit organization committed to fostering economic and community development opportunities. Their primary mission involves removing past discrimination barriers in the local workforce and addressing a void in the community by offering a variety of affordable and accessible activities. These activities are specifically tailored to support small, minority, and women-owned businesses, as well as minority youth, who require education and guidance to thrive as leaders in San Antonio. Furthermore, the foundation educates participants on policy issues impacting the community's civic and economic well-being, aiming to expand the pool of knowledgeable, skilled, and engaged leaders. One of their significant initiatives is the annual Core4STEM program, which motivates students to pursue careers in the STEM fields, as demonstrated by their collaboration with the San Antonio Port Authority in 2022, engaging hundreds of local students.
Official website here: www.sahcc.org/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars
The Hispanic Leadership Development Foundation has received a One-Star rating from Charity Navigator, indicating a significant area for improvement in its accountability and finance practices. The foundation’s overall score is primarily derived from its performance in the Accountability & Finance category, where it scored 57%. While it demonstrates some positive aspects, such as having no material diversion of assets and a high program expense ratio of 97.24%, the organization falls short in several key areas, particularly in board independence and financial transparency.
One critical limitation is the complete lack of independent board members, which raises concerns about governance and oversight. Additionally, the foundation has not posted its Tax Form on its website as required, and it is missing important documentation regarding its document retention and destruction policies. These gaps in governance could affect donor trust and overall organizational credibility.
On the positive side, the foundation has established various policies like conflict of interest and whistleblower protections, which are beneficial for fostering accountability. However, without addressing the noted shortcomings, the Hispanic Leadership Development Foundation may struggle to gain the confidence of potential donors and stakeholders in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Leadership Development Foundation legitimate?
Hispanic Leadership Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Leadership Development Foundation 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.
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For more financial information, click here
Official website here: www.sahcc.org/foundation/
What is the mission statement of Hispanic Leadership Development Foundation?
The Hispanic Leadership Development Foundation aims to eliminate the impacts of past discrimination in the workforce and address a gap in the community by offering various affordable and accessible activities. These activities are specifically designed for small, minority, and women-owned businesses, as well as minority youth, who require education and support to become influential leaders. The foundation also educates participants on policy issues that impact the community's civic and economic well-being, thereby expanding the pool of knowledgeable, skilled, and active leaders.
The foundation's mission extends to increasing economic and community development opportunities for small, minority, and women-owned businesses and minority youth. One of their key initiatives is the annual Core4STEM program, which aims to motivate and inspire students to pursue careers in the STEM fields. In 2022, the Core4STEM event, held in partnership with the San Antonio Port Authority, saw hundreds of local students participating.
Official website here: www.sahcc.org/foundation/
Who is the CEO of Hispanic Leadership Development Foundation?
Jr Trevino is the Deputy Legal of Hispanic Leadership Development Foundation. The CEO's salary of Hispanic Leadership Development Foundation is $0 and their total compensation is $0.
Official website here: www.sahcc.org/foundation/
What is the revenue of Hispanic Leadership Development Foundation?
Hispanic Leadership Development Foundation's revenue in 2022 was $189,765.
Official website here: www.sahcc.org/foundation/
Who are the executives of Hispanic Leadership Development Foundation and what are their salaries?
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Official website here: www.sahcc.org/foundation/
Where can I find the form 990 for Hispanic Leadership Development Foundation?
Hispanic Leadership Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sahcc.org/foundation/
Learn more at the official website: www.sahcc.org/foundation/
Mission Statement of Hispanic Leadership Development Foundation
The Hispanic Leadership Development Foundation aims to overcome the barriers of past discrimination in the workforce, specifically targeting small, minority, and women-owned businesses, as well as minority youth in the San Antonio community. Recognizing a void in the community, this organization provides a range of accessible and affordable activities designed to equip these individuals with the necessary education and support needed to become influential leaders in their respective fields.
Furthermore, the Hispanic Leadership Development Foundation is committed to educating participants on policy issues that impact the civic and economic well-being of the community. By fostering a larger pool of knowledgeable, skilled, and active leaders, this nonprofit organization works towards enhancing economic and community development opportunities for small, minority, and women-owned businesses, as well as minority youth in San Antonio, Texas.
One of the foundation's key initiatives is the Annual Core4STEM program. This program, in collaboration with the San Antonio Port Authority, strives to inspire and motivate local students to pursue careers in the STEM (Science, Technology, Engineering, and Mathematics) fields. By engaging with hundreds of students each year, the Hispanic Leadership Development Foundation is playing an essential role in cultivating the next generation of leaders in the STEM industry.
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Impact
October, 2024
The Hispanic Leadership Development Foundation significantly impacts the San Antonio community by addressing barriers stemming from past discrimination within the workforce. By offering accessible and affordable programs, it provides support specifically tailored for small, minority, and women-owned businesses, as well as minority youth.
One key initiative is the annual CORE4STEM program, designed to inspire students to pursue careers in STEM fields. In 2022, this initiative successfully engaged hundreds of local students in collaboration with the San Antonio Port Authority, fostering interest and opportunities in crucial sectors.
Beyond individual programs, the foundation plays a vital role in educating participants about policy issues that influence the civic and economic health of the community. This holistic approach not only empowers individuals with knowledge and skills but also cultivates a larger pool of informed, skilled leaders ready to contribute positively to San Antonio’s development and growth.
This information is meant to be a general summary of Hispanic Leadership Development Foundation. 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: $189,765
Assets and Liabilities:
- Total Assets: $231,281
- Total Liabilities: $155,005
- Net Assets: $76,276
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Organization Details
Founding Year
2000
Phone
(210) 225-0462Principal Officer
Jr Trevino
Main Address
3006 GENERAL HUDNELL DRIVE, SAN ANTONIO, TX, 78226
Website
www.sahcc.org/foundation/NTEE Category
Code: B99 - Education
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