Overview
What is National Association For Latino Community Asset Builders?
The National Association for Latino Community Asset Builders (NALCAB) is a vital organization based in San Antonio, Texas. As a U.S. Treasury-certified Community Development Financial Institution (CDFI) and grantmaker, NALCAB strengthens and supports the systems and capacity of its network members, non-profits, and government units in predominantly low- and moderate-income Latino communities. Their mission is to advance economic mobility in these communities. NALCAB achieves this by creating capital, capacity, a collective voice, and community. They increase access to grants and investment capital, unlock resources for technical assistance, share research to enhance organizational effectiveness, build practitioner peer networks, provide culturally relevant training, and develop a national strategic voice for more than 195 organizations. Benefiting organizations can borrow capital from NALCAB, which often leads to securing and diversifying funding opportunities due to enhanced organizational capacity. Over the years, NALCAB has granted over $27 million to non-profit organizations and utilized over $12.7 million in federal funding for technical assistance. Since 2008, NALCAB's support has helped member organizations secure over $450 million for their programs. NALCAB demonstrates its commitment through an annual national conference and training for community economic development practitioners, as well as numerous educational webinars throughout the year. Over 2,500 practitioners have benefited from NALCAB's culturally relevant training, and the Pete Garcia Community Economic Development Fellowship Program has graduated 169 emerging leaders to date.
Official website here: www.nalcab.org
Is National Association For Latino Community Asset Builders legitimate?
National Association For Latino Community Asset Builders is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association For Latino Community Asset Builders 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.
Here are some key statistics you may want to consider:
Executive Compensation: $606,404
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,226,370
For more financial information, click here
Official website here: www.nalcab.org
What is the mission statement of National Association For Latino Community Asset Builders?
The National Association for Latino Community Asset Builders (NALCAB) strengthens the economy by promoting economic mobility in Latino communities. As a U.S. Treasury-certified CDFI lender and grantmaker, NALCAB builds the systems and capacity of its network members, other non-profits, and government units to advance economic mobility in predominantly low- and moderate-income Latino communities. NALCAB creates capital, capacity, a collective voice, and comunidad (community) by increasing access to grants and investment capital, unlocking access to technical assistance resources, sharing research, creating asset-building practitioner peer networks, providing culturally relevant training, and developing a strategic national voice for over 195 organizations. Organizations that benefit from NALCAB's capacity-building program may borrow capital and are more likely to secure and diversify their funding opportunities due to increased organizational capacity. NALCAB has made grants of over $27 million to non-profit organizations and provided technical assistance to non-profits and local/state government agencies using over $12.7 million in federal funding since 2007. Since 2008, member organizations have secured over $450 million for their programs due to NALCAB's support and services.
Official website here: www.nalcab.org
Who is the CEO of National Association For Latino Community Asset Builders?
Marla Bilonick is the Vice Chair of National Association For Latino Community Asset Builders. The CEO's salary of National Association For Latino Community Asset Builders is $247,097 and their total compensation is $260,273.
Official website here: www.nalcab.org
What is the revenue of National Association For Latino Community Asset Builders?
National Association For Latino Community Asset Builders's revenue in 2022 was $9,962,609.
Official website here: www.nalcab.org
Who are the executives of National Association For Latino Community Asset Builders and what are their salaries?
The average compensation at National Association For Latino Community Asset Builders during 2022 was $59,016. There are 48 employees and 11 volunteers at National Association For Latino Community Asset Builders.
Here are 17 key members and their salaries (National Association For Latino Community Asset Builders's CEO's salary is $247,097 and their total compensation is $260,273):
- Marla Bilonick (President & Ceo)
- Levar Martin (Executive Vp & Chief Stratergy Officer)
- Fernando Garcia (Chief Financial Officer)
- Jose Efrain Gracia (Chief Lending & Asset Management Officer)
- Holly L Frindell (Chief Program Officer)
- Clarinda Landeros (Director Of Public Policy)
- Bea Stotzer (Vice Chair) [Trustee/Director]
- Fernando Lemos (Director)
- Isabel Rubio (Chair) [Trustee/Director]
- Janie Barrera (Treasurer) [Trustee/Director]
- Luis Granados (Director)
- Pedro Ramos (Director)
- Rafael Torres (Director)
- Raul Raymundo (Director)
- Rose Garcia (Director)
- Ruby Azurida-Lee (Director)
- Shelly Marquez (Secretary) [Trustee/Director]
Official website here: www.nalcab.org
Where can I find the form 990 for National Association For Latino Community Asset Builders?
The National Association For Latino Community Asset Builders’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nalcab.org
Learn more at the official website: www.nalcab.org
Mission Statement of National Association For Latino Community Asset Builders
The National Association for Latino Community Asset Builders, often abbreviated as NALCAB, is dedicated to strengthening the economy and advancing economic mobility in Latino communities. This nonprofit organization achieves its mission by building the systems and capacity of its network members, other non-profits, and government units. NALCAB serves primarily low- and moderate-income Latino communities by increasing access to grants and investment capital, unlocking access to technical assistance resources, sharing research to optimize organizational effectiveness and resources, creating and strengthening asset-building practitioner peer networks, providing culturally relevant training to develop leaders in the asset-building field, and developing a strategic national voice for over 195 organizations and the communities they serve.
By partaking in NALCAB's capacity-building program, organizations can borrow capital from NALCAB and are more likely to secure and diversify their funding opportunities due to increased organizational capacity. The organization hosts an annual national conference and training for community economic development practitioners and offers numerous educational webinars throughout the year. Since its inception, NALCAB has made grants of over $27 million to non-profit organizations and utilized over $12.7 million in federal funding to provide technical assistance to non-profits and local/state government agencies. Since 2008, member organizations have secured over $450 million for their programs due to NALCAB's support and services.
Impact
This information is meant to be a general summary of National Association For Latino Community Asset Builders. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 1, 2024
The National Association For Latino Community Asset Builders strengthens the economy by advancing economic mobility in Latino communities. By providing capital, capacity building, collective voice, and comunidad (community) through grants, investment capital, technical assistance resources, research, asset-building practitioner networks, leadership development, and national advocacy, NALCAB empowers organizations in predominantly low- and moderate-income Latino communities. This support helps these organizations secure diverse funding opportunities, borrow capital, and enhance their organizational capacity, leading to increased effectiveness and community impact. NALCAB has provided significant grants, federal funding for technical assistance, and support services to nonprofit organizations and local/state government agencies, resulting in over $450 million secured for programs by member organizations since 2008. Additionally, NALCAB's educational initiatives, such as the Pete Garcia Community Economic Development Fellowship Program, have trained over 2,500 practitioners and graduated 169 emerging leaders to date, further contributing to the growth and sustainability of community economic development efforts.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$159,900
LOAN INEREST INCOME
Revenue
$143,958
MANGEMENT FEE
Revenue
$78,602
REGISTRATION FEES
Revenue
$75,897
FEE FOR SERVICES
Revenue
$42,000
Organization Details
Founding Year
2002
Phone
(210) 227-1010
Principal Officer
Marla Bilonick
Main Address
5404 WURZBACH RD, SAN ANTONIO, TX, 78238
Website
www.nalcab.org
NTEE Category
Code: S022 - Community improvement
If you are a representative of National Association For Latino Community Asset Builders and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.