Overview
What is Mi Centro?
Mi Centro is a nonprofit organization situated in Tacoma, Washington, specifically at 1208 S 10TH ST. Its mission is to uplift and empower the Latinx and Indigenous communities by offering social services and educational programs, preserving their cultural heritage through the arts. As part of its mission, Mi Centro has been instrumental in providing support to over 94 victims of domestic violence and sexual abuse. The organization has offered them emergency shelter, financial assistance for relocation, advocacy support, and resources such as hygienic packages and therapy/counseling services. With a team of 11 dedicated individuals, Mi Centro continues to make a significant impact in its community.
Official website here: www.micentrowa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mi Centro has achieved a remarkable score of 96% from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This high rating indicates that the organization effectively manages its resources and maintains excellent governance practices, which are critical factors for donors and stakeholders alike.
The charity's strengths are particularly evident in its independent board structure, where all board members are independent, and it has established robust policies including conflict of interest and whistleblower protections. Additionally, the organization shows a commendable program expense ratio of 94.55%, demonstrating that the vast majority of its funds are directed towards its programs rather than administrative costs.
No significant limitations were noted in the data, which further solidifies Mi Centro's reputation as a trustworthy nonprofit. The organization also exhibits a strong ability to manage its liabilities effectively, with a low liabilities-to-assets ratio, which enhances its financial stability. Overall, Mi Centro stands out as a reliable option for donors looking to support impactful community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mi Centro legitimate?
Mi Centro is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mi Centro 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: $157,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,467
For more financial information, click here
Official website here: www.micentrowa.org
What is the mission statement of Mi Centro?
Mi Centro is a nonprofit organization dedicated to fostering the progress of Latinx and Indigenous communities. They achieve this by offering social services and educational programming, while preserving heritage and culture through arts. The mission of Mi Centro is to cultivate the advancement of these communities, providing essential support and resources.
Specifically, Mi Centro has been instrumental in aiding over 94 victims of domestic violence and sexual abuse. They have offered emergency shelter and moving expenses to help these individuals begin a new, healthy, and safe life. Their support extends beyond physical assistance, with advocacy for filing restraining orders, assistance in finding new housing, and provision of hygiene packages. Furthermore, they offer therapy/counseling services to aid in the healing process.
Official website here: www.micentrowa.org
What is the revenue of Mi Centro?
Mi Centro's revenue in 2024 was $1,449,303.
Official website here: www.micentrowa.org
Who are the executives of Mi Centro and what are their salaries?
The average compensation at Mi Centro during 2024 was $39,909. There are 13 employees and 24 volunteers at Mi Centro.
Here are 10 key members and their salaries:
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- Compensation: $117,997
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Official website here: www.micentrowa.org
Where can I find the form 990 for Mi Centro?
Mi Centro's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.micentrowa.org
Learn more at the official website: www.micentrowa.org
Mission Statement of Mi Centro
Mi Centro, a nonprofit organization, is dedicated to fostering the progress of Latino and Indigenous communities. It achieves this goal by providing social services and educational programming, all while preserving and celebrating their heritage and culture through the arts.
At its core, Mi Centro's mission is to uplift and empower these communities. It does this by offering a variety of support services to individuals who have been victims of domestic violence and sexual abuse. This includes providing emergency shelter and financial assistance to help them start anew, as well as advocacy support to help them navigate issues such as filing restraining orders and securing new housing. Additionally, Mi Centro offers hygienic packages and therapy/counseling services to aid in their healing process.
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Impact
July, 2024
Mi Centro's impact is profound in the community of Tacoma, Washington. The organization has provided vital support and assistance to over 94 victims of domestic violence and sexual abuse. These individuals received emergency shelter, moving expenses to start anew, advocacy support for legal processes like filing restraining orders, assistance in finding new housing, hygienic packages, and therapy and counseling services. Mi Centro's dedicated efforts have enabled these survivors to rebuild their lives in a healthy and safe environment, emphasizing the importance of supporting and empowering individuals experiencing such traumas.
This information is meant to be a general summary of Mi Centro. 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 2024.
- Investment Income: $61
- Program Service Revenue: $3,130
- Gross Receipts: $1,461,857
Assets and Liabilities:
- Total Assets: $2,603,619
- Total Liabilities: $600,807
- Net Assets: $2,002,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$3,130
Organization Details
Founding Year
1990
Principal Officer
Hugo Nicolas
Website
www.micentrowa.orgNTEE Category
Code: P800 - Human services
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