Joliet Latino Economic Development Assoc

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

EIN: 854067768 ✦ Joliet, IL ✦ Designated as a 501(c)(6)

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Overview

What is Joliet Latino Economic Development Assoc?

The Joliet Latino Economic Development Association is a nonprofit organization that strives to enhance the business and economic circumstances of Latino entrepreneurs and individuals. Their mission involves fostering growth within the Latino business community and the development of economic programs aimed at boosting the income potential of all businesses, not just those within the Latino community. Their goal is to create a stronger economic environment for all businesses in Joliet.


Official website here: www.jolietleda.org

Is Joliet Latino Economic Development Assoc legitimate?

Joliet Latino Economic Development Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Joliet Latino Economic Development Assoc submitted a form 990EZ, 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: $37,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jolietleda.org

What is the mission statement of Joliet Latino Economic Development Assoc?

The Joliet Latino Economic Development Association's mission is centered around enhancing the business and economic circumstances of Latino entrepreneurs and individuals. Their goal is to stimulate the growth of Latino businesses and communities, and they develop economic initiatives aimed at enhancing the income potential of all businesses. By doing so, they aim to contribute to a stronger and more prosperous economic landscape for all.


Official website here: www.jolietleda.org

What is the revenue of Joliet Latino Economic Development Assoc?

Joliet Latino Economic Development Assoc's revenue in 2023 was $167,992.


Official website here: www.jolietleda.org

Who are the executives of Joliet Latino Economic Development Assoc and what are their salaries?

Here are 11 key members and their salaries:


Lizbeth Aviles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Garcia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ulises Huitron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Chaidez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Noriega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Noriega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noeli Serna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Paramo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Caballero-Borunda (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Sanchez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Viveros (Program Manager)
  • Compensation: $55,504
  • Related: $0
  • Other: $0


Official website here: www.jolietleda.org

Where can I find the form 990 for Joliet Latino Economic Development Assoc?

Joliet Latino Economic Development Assoc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jolietleda.org

Learn more at the official website: www.jolietleda.org

Mission Statement of Joliet Latino Economic Development Assoc

The Joliet Latino Economic Development Association is an organization committed to enhancing and improving the business and economic status of Latino businesses and individuals. Its mission is twofold: firstly, to stimulate the growth of Latino businesses and communities, and secondly, to create economic programs that strengthen and expand the income potential of all businesses within this demographic. The association's ultimate goal is to foster a thriving and prosperous Latino business community.

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Impact




October, 2024

The Joliet Latino Economic Development Association has a significant impact on the economic landscape of the Latino community in Joliet, Illinois. By focusing on the improvement and advancement of business conditions for Latino entrepreneurs, the organization fosters growth and development within the local economy.

Through targeted programs and initiatives, it strengthens the income potential of businesses, enabling them to thrive in competitive markets. This not only enhances individual livelihoods but also contributes to overall community prosperity. By advocating for Latino businesses and facilitating community growth, the organization plays a crucial role in nurturing an inclusive economic environment that benefits all residents of Joliet.




This information is meant to be a general summary of Joliet Latino Economic Development Assoc. 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
$167,992 (2023)
Expenses
$129,337 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2
  • Program Service Revenue: $17,088
  • Gross Receipts: $223,692

Assets and Liabilities:

  • Total Assets: $46,930
  • Total Liabilities: $0
  • Net Assets: $46,930

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Organization Details

Principal Officer

Eduardo Sanchez

NTEE Category

Code: S41 - Community improvement

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