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Centro Hispano Inc

Centro Hispano Of Dane County

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

EIN: 930844812 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Centro Hispano Inc?

Centro Hispano Inc, located at 810 W Badger Rd, Madison, WI 53713, is a nonprofit organization, specifically known as Centro Hispano of Dane County. With a team of 51 individuals, their mission is to empower the Hispanic community by providing supportive programs that help individuals and families overcome cultural and linguistic barriers, enabling them to participate fully in the community. Their primary activities involve advocacy and language assistance, ensuring that immigrants have the necessary resources and guidance to navigate their new environment. Through their efforts, Centro Hispano Inc aims to strengthen families and engage the wider community, fostering a more inclusive and supportive environment for all.


Official website here: www.micentro.org

What are the reviews and ratings of this charity?

**Centro Hispano Inc - Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)**

Centro Hispano Inc has achieved a high score of 95% from Charity Navigator, reflecting excellent accountability and financial management. This rating indicates that the organization has strong governance practices, with a fully independent board and a solid approach to financial oversight. Particularly noteworthy is their absence of material asset diversion and effective fiscal responsibility, as evidenced by their low liabilities-to-assets ratio and high program expense ratio.

Strengths highlighted in the evaluation include a well-structured board, transparency in financial reporting, and effective fundraising efficiency. The organization has demonstrated that it utilizes a significant portion of its expenses directly towards its programs, showcasing commitment toward their mission and efficient resource usage.

However, a limitation noted was the lack of a whistleblower policy, which could affect transparency and accountability. This gap is something to consider when evaluating their overall governance practices. Overall, Centro Hispano Inc appears to be a well-managed organization with a focus on serving its community effectively, despite a minor shortcoming in governance policies.

User reviews from GreatNonprofits could not be fetched.


This AI summary has been generated from information found on Charity Navigator.

Is Centro Hispano Inc legitimate?

Centro Hispano Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centro Hispano Inc 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: $142,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,669,583

For more financial information, click here


Official website here: www.micentro.org

What is the mission statement of Centro Hispano Inc?

Centro Hispano Inc's mission is centered around empowering youth and strengthening families within the Hispanic community. Their primary objective is to provide supportive programs that enable individuals and families to adapt to and engage with their wider community. Through advocacy and language assistance, they aim to help immigrants overcome cultural and linguistic barriers. In essence, their mission is to foster resilience and integration within the Hispanic community.


Official website here: www.micentro.org

Who is the CEO of Centro Hispano Inc?

Karen Menendez Coller is the Vice President of Centro Hispano Inc.


Official website here: www.micentro.org

What is the revenue of Centro Hispano Inc?

Centro Hispano Inc's revenue in 2022 was $9,800,554.


Official website here: www.micentro.org

Who are the executives of Centro Hispano Inc and what are their salaries?

The average compensation at Centro Hispano Inc during 2022 was $35,522. There are 51 employees and 130 volunteers at Centro Hispano Inc.


Here are 9 key members and their salaries:


Nancy Francisco Welke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felipe Noboa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar Pinzon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Demakopoulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Kaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Menendez Coller (Executive Director)
  • Compensation: $142,043
  • Related: $0
  • Other: $0


Official website here: www.micentro.org

Where can I find the form 990 for Centro Hispano Inc?

Centro Hispano Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.micentro.org

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

Mission Statement of Centro Hispano Inc

Centro Hispano Inc, a nonprofit organization, is dedicated to empowering youth and strengthening families within the Hispanic community. Their mission is to equip individuals and families with the necessary resources to navigate and engage with their wider community effectively, overcoming any cultural and linguistic barriers they may face. By providing supportive programs, Centro Hispano Inc aims to help Hispanic community members integrate into and participate in their community at large.

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Impact




July, 2024

Centro Hispano Inc empowers youth, strengthens families, and engages the community in Madison, Wisconsin. By providing supportive programs designed to help individuals and families cope with cultural and linguistic barriers, Centro Hispano Inc has a significant impact on the Hispanic community. Through advocacy and language assistance, the organization supports immigrants and helps them adjust to and participate in the wider community. This work has a profound effect on improving the lives of those it serves, enabling them to thrive and contribute positively to society.




This information is meant to be a general summary of Centro Hispano Inc. 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
$9,800,554 (2022)
Expenses
$3,680,130 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $393
  • Program Service Revenue: $20,880
  • Gross Receipts: $9,806,985

Assets and Liabilities:

  • Total Assets: $9,020,575
  • Total Liabilities: $515,282
  • Net Assets: $8,505,293

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$20,880

Organization Details

Founding Year

1983

Principal Officer

Karen Menendez Coller

Main Address

810 W BADGER RD, MADISON, WI, 537132527

NTEE Category

Code: P840 - Human services

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