Overview
What is Hispanic Association On Corporate Responsibility?
The Hispanic Association on Corporate Responsibility (HACR) is a distinguished nonprofit organization situated in Washington D.C. With a team of 20 dedicated individuals, HACR's primary mission is to promote the inclusion of Hispanics in the corporate sector, recognizing their significant economic contributions. To achieve this goal, they host an annual symposium, bringing together influential leaders from various fields to discuss policies, practices, and trends related to Hispanic inclusion in corporate America. This event, which in 2022 took place in Los Angeles, CA, attracts representatives from renowned Fortune 500 companies. By convening for this common purpose, they aim to share best practices, address corporate social responsibility in terms of Hispanic inclusion, and explore the expanding roles of Hispanics in both corporate and community leadership.
Official website here: www.hacr.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The Hispanic Association on Corporate Responsibility has achieved a high rating of 95%, reflecting its strong commitment to accountability and finance. The organization's score is based entirely on its accountability and finance metrics, indicating that it excels in these areas. With an independent board consisting of 100% independent members and robust oversight measures in place, it demonstrates a solid governance structure.
The financial health of the organization is notable, with a program expense ratio of 77.30%, suggesting that a significant portion of its resources is directed towards its mission. Additionally, the lack of material diversion of assets indicates effective management of funds. The organization has also implemented various policies, including conflict of interest and whistleblower policies, to ensure transparency and ethical operation.
While the rating reflects a strong overall performance, the reliance on a single beacon score may limit a more comprehensive evaluation of the organization's impact. However, the emphasis on accountability and financial integrity positions the Hispanic Association on Corporate Responsibility as a trustworthy nonprofit in pursuing its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Association On Corporate Responsibility legitimate?
Hispanic Association On Corporate Responsibility is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Association On Corporate Responsibility 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: $488,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $918,234
For more financial information, click here
Official website here: www.hacr.org
What is the mission statement of Hispanic Association On Corporate Responsibility?
The Hispanic Association On Corporate Responsibility's mission is to foster the inclusion of Hispanics in the corporate sector, aligning it with their significant economic contributions. They achieve this objective by promoting discussions on policies, practices, and trends affecting Hispanic inclusion in corporate America. This is done through their annual symposium, where influential leaders from various fields gather to share best practices, address corporate social responsibility related to Hispanic inclusion, and explore the roles of Hispanics as corporate and community leaders. The association's symposium attracts representatives from renowned Fortune 500 companies, aiming to promote best practices and explore future roles for Hispanics in corporate leadership.
Official website here: www.hacr.org
Who is the CEO of Hispanic Association On Corporate Responsibility?
Cid D Wilson is the Board Chair of Hispanic Association On Corporate Responsibility. The CEO's salary of Hispanic Association On Corporate Responsibility is $279,147 and their total compensation is $304,957.
Official website here: www.hacr.org
What is the revenue of Hispanic Association On Corporate Responsibility?
Hispanic Association On Corporate Responsibility's revenue in 2022 was $4,683,279.
Official website here: www.hacr.org
Who are the executives of Hispanic Association On Corporate Responsibility and what are their salaries?
The average compensation at Hispanic Association On Corporate Responsibility during 2022 was $70,352. There are 20 employees and 14 volunteers at Hispanic Association On Corporate Responsibility.
Here are 17 key members and their salaries (Hispanic Association On Corporate Responsibility's CEO's salary is $279,147 and their total compensation is $304,957):
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- Compensation: $279,147
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- Other: $763
- Compensation: $138,361
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- Other: $16,509
Official website here: www.hacr.org
Where can I find the form 990 for Hispanic Association On Corporate Responsibility?
Hispanic Association On Corporate Responsibility's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hacr.org
Learn more at the official website: www.hacr.org
Mission Statement of Hispanic Association On Corporate Responsibility
The Hispanic Association on Corporate Responsibility (HACR) is dedicated to promoting the inclusion of Hispanics in the corporate sector, ensuring a level of representation that aligns with their significant economic contributions. Their mission is to foster an environment where Hispanics can thrive as influential leaders in Corporate America.
HACR accomplishes this through various initiatives, such as hosting symposiums and conferences. Their annual symposium brings together distinguished figures from diverse fields for discussions on policies, practices, and trends impacting the advancement of Hispanic inclusion in the corporate world. Participants, typically top executives from Fortune 500 companies, gather to exchange best practices, address corporate social responsibility in relation to Hispanic inclusion, and explore the evolving roles of Hispanics as corporate and community leaders. HACR's 2022 symposium took place in Los Angeles, California, catering to both in-person and virtual attendees.
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Impact
July, 2024
The Hispanic Association On Corporate Responsibility's impact lies in advancing the inclusion of Hispanics in corporate America at a level commensurate with their economic contributions. Through activities such as symposiums and conferences, HACR gathers influential leaders from diverse fields to discuss policies, practices, and trends affecting Hispanic inclusion in corporate America. By bringing together representatives from Fortune 500 companies to promote best practices, address corporate social responsibility, and explore the roles of Hispanics as corporate and community leaders, HACR plays a crucial role in driving forward the advancement of Hispanic inclusion in the corporate sector.
This information is meant to be a general summary of Hispanic Association On Corporate Responsibility. 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: $115,497
- Program Service Revenue: $4,449,156
- Gross Receipts: $5,335,143
Assets and Liabilities:
- Total Assets: $6,693,885
- Total Liabilities: $3,477,270
- Net Assets: $3,216,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,316,500
CONFERENCE
Revenue
$1,770,889
PRESENTATION AND TRAIN
Revenue
$361,767
Organization Details
Founding Year
1986
Phone
(202) 838-1042Principal Officer
Cid D Wilson
Main Address
1220 L STREET NW SUITE 701, WASHINGTON, DC, 20005
Website
www.hacr.orgNTEE Category
Code: S41 - Community improvement
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