nonprofit logo

Latino Community Development Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820551614 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Latino Community Development Center?

The Latino Community Development Center, located in Durham, North Carolina, is a dedicated nonprofit organization. Its primary mission is to empower the low-income immigrant Latino/Hispanic community by promoting financial literacy and providing access to financial services. In 2022, the center served 619 individuals through its financial education program, with 81 graduates from its workshop series. Furthermore, the organization contributed to a related organization's scholarship fund, awarding scholarships totaling $132,500 to 41 deserving members. Beyond financial education, the center also focuses on affordable housing and economic development in the community.


Official website here: www.latinoccu.org/en/lcdc

Is Latino Community Development Center legitimate?

Latino Community Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Community Development Center 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: $0

For more financial information, click here


Official website here: www.latinoccu.org/en/lcdc

What is the mission statement of Latino Community Development Center?

The Latino Community Development Center aims to promote financial literacy, facilitate access to financial services, provide affordable housing, and foster economic development for low-income immigrant Latino/Hispanic communities in North Carolina. Through its mission, the center strives to empower this population by offering financial education programs and workshops. In 2022, they had 619 participants and 81 graduates from their financial education program. Additionally, the center contributes to a related organization's scholarship fund, providing financial aid to 41 members with a total of $132,500 in awards.


Official website here: www.latinoccu.org/en/lcdc

Who is the CEO of Latino Community Development Center?

Vicky Garcia is the Executive Director And Treasurer of Latino Community Development Center.


Official website here: www.latinoccu.org/en/lcdc

What is the revenue of Latino Community Development Center?

Latino Community Development Center's revenue in 2022 was $277,181.


Official website here: www.latinoccu.org/en/lcdc

Who are the executives of Latino Community Development Center and what are their salaries?

There 8 volunteers at Latino Community Development Center.


Here are 4 key members and their salaries:


Luis Pastor (Executive Director And Treasurer)
  • Compensation: $0
  • Related: $445,120
  • Other: $42,915
John Herrera (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Lutz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.latinoccu.org/en/lcdc

Where can I find the form 990 for Latino Community Development Center?

Latino Community Development Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.latinoccu.org/en/lcdc

Learn more at the official website: www.latinoccu.org/en/lcdc

Mission Statement of Latino Community Development Center

The Latino Community Development Center, as its name suggests, is dedicated to promoting financial literacy, providing access to financial services, advocating for affordable housing, and fostering economic development for the low-income immigrant Latino/Hispanic population in North Carolina. This nonprofit organization aims to bridge the gap in financial services that traditionally excludes these communities, thereby empowering them to improve their financial standing. In 2022, the center facilitated a financial education program with 619 participants and saw 81 graduates from its workshop series. Additionally, the organization contributed to a related organization's scholarship fund, supporting 41 individuals with a total of $132,500 in awards. This demonstrates the Latino Community Development Center's commitment to providing opportunities for financial growth and stability in the Latino/Hispanic community.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Latino Community Development Center has made a significant impact on the low-income immigrant Latino and Hispanic population in North Carolina by promoting financial literacy and access to essential financial services. In 2022, the organization engaged 619 participants in its financial education programs, equipping many with the knowledge needed to manage their finances effectively. Furthermore, the workshop series graduated 81 individuals, empowering them to make informed financial decisions.

In addition to financial education, the center also plays a pivotal role in enhancing access to affordable housing and fostering economic development within the community. Its scholarship fund supported 41 members in 2022, awarding a total of $132,500, which helps alleviate financial barriers and supports education among the community members. Through these initiatives, the Latino Community Development Center strengthens the economic stability and overall well-being of those it serves in Durham, North Carolina.




This information is meant to be a general summary of Latino Community Development Center. 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.

Revenue
$277,181 (2022)
Expenses
$927,874 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,726
  • Gross Receipts: $277,181

Assets and Liabilities:

  • Total Assets: $2,307,671
  • Total Liabilities: $673,737
  • Net Assets: $1,633,934

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2002

Principal Officer

Vicky Garcia

Main Address

100 West Morgan Street, Durham, NC, 27701

NTEE Category

Code: P02 - Human services

If you are a representative of Latino Community Development Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.