Overview
What is Clecha?
Clecha is a nonprofit organization situated in San Francisco, California, operating under the structure of a Public Benefit Corporation. Their primary mission is to empower Latinas and Latinos by helping them comprehend, navigate, and overcome the systemic barriers that hinder financial equity. In 2022, their focus shifted towards supporting small businesses, providing rent relief and aiding in the application process for business grants. Clecha submitted 32 Business Tiered Grants and organized two successful events to stimulate commercial opportunities within the community.
Official website here: www.clecha.org
Is Clecha legitimate?
Clecha is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clecha 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
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Other Salaries and Wages: $130,971
For more financial information, click here
Official website here: www.clecha.org
What is the mission statement of Clecha?
Clecha, as a nonprofit organization, is committed to ensuring that Latinas and Latinos comprehend and overcome the oppressive financial systems that exist. Their mission is to empower this community to navigate these systems and ultimately achieve financial equality. In 2022, their focus has been on supporting small businesses, providing rent relief and assisting with grant applications. They have also organized events to boost commercial opportunities within the community.
Official website here: www.clecha.org
What is the revenue of Clecha?
Clecha's revenue in 2023 was $894,548.
Official website here: www.clecha.org
Who are the executives of Clecha and what are their salaries?
The average compensation at Clecha during 2023 was $26,194. There are 5 employees and 30 volunteers at Clecha.
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Official website here: www.clecha.org
Where can I find the form 990 for Clecha?
Clecha's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.clecha.org
Learn more at the official website: www.clecha.org
Mission Statement of Clecha
Clecha, a Nonprofit Public Benefit Corporation based in California, is committed to a mission that empowers Latinas and Latinos. Its primary objective is to help these communities comprehend, navigate, and overcome the oppressive systems that hinder their financial equity. By doing so, Clecha aims to level the playing field and provide equal opportunities for Latinas and Latinos to thrive financially. In 2022, Clecha focused its efforts on supporting small businesses, offering rent relief and grant applications for eligible businesses. The organization also hosted events to stimulate commercial prospects within the community.
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Impact
October, 2024
Clecha significantly impacts the Latino community by empowering individuals with the knowledge and tools needed to navigate and overcome systemic barriers to financial equity. Through targeted programs and resources, Clecha equips Latinas and Latinos with financial literacy, advocacy skills, and support networks, enabling them to make informed decisions and improve their economic standing. By prioritizing education and practical assistance, Clecha fosters resilience and drives meaningful change, contributing to the overall goal of achieving financial equity for marginalized communities. Their work not only transforms individual lives but also strengthens the community's collective ability to challenge oppressive systems and pursue long-term sustainability.
This information is meant to be a general summary of Clecha. 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.
- Program Service Revenue: $54,288
- Gross Receipts: $894,548
Assets and Liabilities:
- Total Assets: $151,883
- Total Liabilities: $77,692
- Net Assets: $74,191
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting
Revenue
$54,288
Organization Details
Founding Year
2020
Principal Officer
William Ortiz-Cartagena
Website
www.clecha.orgNTEE Category
Code: P20 - Human services
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