Overview
What is The Michigan Hispanic Collaborative?
The Michigan Hispanic Collaborative is a nonprofit organization situated in Ann Arbor, Michigan, with a specific focus on assisting Hispanic students. Their primary mission involves offering academic and career support programs and services, aiming to help more Hispanic students complete their college education and achieve professional success. The organization, with a workforce of 11 individuals, is dedicated to bridging the gap and ensuring equitable opportunities for Hispanic students in higher education and their subsequent careers.
Official website here: www.mihc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Michigan Hispanic Collaborative has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored highly across various criteria, indicating a solid commitment to transparency and responsible financial management. Notably, it achieved a perfect score for having a majority of independent board members and has effective oversight measures in place, such as a whistleblower policy and documented board meeting minutes.
The organization demonstrates a robust program expense ratio of 84.64%, suggesting that a significant portion of its funds is directed toward its mission and community services rather than administrative costs. This is a positive indicator of its focus on fulfilling its objectives and making a tangible impact in the Hispanic community in Michigan.
However, while there are no major limitations or concerns noted in the data, potential donors and supporters are encouraged to continue monitoring updates and performance reviews to ensure ongoing accountability and effectiveness. Overall, The Michigan Hispanic Collaborative presents itself as a trustworthy organization dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Michigan Hispanic Collaborative legitimate?
The Michigan Hispanic Collaborative is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Michigan Hispanic Collaborative 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: $163,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $325,971
For more financial information, click here
Official website here: www.mihc.org
What is the mission statement of The Michigan Hispanic Collaborative?
The Michigan Hispanic Collaborative's mission is centered around providing academic and career support programs and services. Their primary objective is to empower more Hispanic students to complete their college education and successfully transition into their careers. The organization undertakes various initiatives to achieve this goal, aiming to serve as a reliable resource for students and healthcare providers alike. They offer information, education, and emotional support, as well as assistance with finding qualified healthcare providers and navigating insurance and financial challenges. Furthermore, they provide wellness strategies and crisis intervention services, and collaborate with other community organizations to address accessibility issues and provide resources to underserved populations.
Official website here: www.mihc.org
Who is the CEO of The Michigan Hispanic Collaborative?
Joann Chavez is the Executive Di of The Michigan Hispanic Collaborative.
Official website here: www.mihc.org
What is the revenue of The Michigan Hispanic Collaborative?
The Michigan Hispanic Collaborative's revenue in 2022 was $1,925,877.
Official website here: www.mihc.org
Who are the executives of The Michigan Hispanic Collaborative and what are their salaries?
The average compensation at The Michigan Hispanic Collaborative during 2022 was $44,466. There are 11 employees and 5 volunteers at The Michigan Hispanic Collaborative.
Here are 7 key members and their salaries:
- Compensation: $163,155
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mihc.org
Where can I find the form 990 for The Michigan Hispanic Collaborative?
The Michigan Hispanic Collaborative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mihc.org
Learn more at the official website: www.mihc.org
Mission Statement of The Michigan Hispanic Collaborative
The Michigan Hispanic Collaborative is an organization committed to providing academic and career support programs and services. Their primary mission is to empower more Hispanic students by enabling them to graduate from college and achieve career success. By offering a range of resources, this nonprofit aims to break down barriers and open up opportunities for this underrepresented demographic in higher education and the job market. Through their initiatives, they strive to make a significant impact on the lives of Hispanic students, ultimately contributing to a more diverse and inclusive society.
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Impact
July, 2024
The Michigan Hispanic Collaborative has had a significant impact on enabling Hispanic students to graduate from college and achieve career success. Through their academic and career support programs and services, they have played a crucial role in helping more Hispanic students successfully complete their college education and transition into fulfilling careers. By focusing on providing the necessary resources and guidance, the organization has empowered Hispanic students to overcome various barriers and obstacles they may face in pursuing higher education and professional advancement. Overall, The Michigan Hispanic Collaborative's work has made a tangible difference in increasing access to education and career opportunities for the Hispanic community.
This information is meant to be a general summary of The Michigan Hispanic Collaborative. 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: $1,662
- Gross Receipts: $1,925,877
Assets and Liabilities:
- Total Assets: $2,435,270
- Total Liabilities: $165,514
- Net Assets: $2,269,756
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Organization Details
Founding Year
2015
Phone
(313) 617-2266Principal Officer
Joann Chavez
Main Address
6499 WARREN ROAD, ANN ARBOR, MI, 48105
Website
www.mihc.orgNTEE Category
Code: B99 - Education
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