Somos Inc

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

EIN: 223128393 ✦ Albany, NY ✦ Designated as a 501(c)(3)

Overview

What is Somos Inc?

Somos Inc, headquartered in Albany, New York, is a nonpartisan, 501(c)3 nonprofit organization dedicated to addressing the needs of the Hispanic population in New York State. Twice a year, Somos Inc hosts conferences that serve as a platform for legislators, scholars, business leaders, and labor representatives to discuss and address various concerns relevant to the community. These events feature thought-provoking workshops on topics such as business development, health, and education, which help garner support for new and existing legislation aimed at addressing the needs of the Hispanic community. In addition to these conferences, Somos Inc utilizes collected funds to empower Hispanic youth through academic financial awards and college internships, promoting retention. They also offer apprenticeships to introduce newly graduated adults into the public, nonprofit, labor, and private sectors. By creating these opportunities, Somos Inc aims to facilitate the professional development of Hispanic youth in New York State.


Official website here: www.somosnewyork.org

Is Somos Inc legitimate?

Somos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somos 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,304

For more financial information, click here


Official website here: www.somosnewyork.org

What is the mission statement of Somos Inc?

Somos Inc, as a nonpartisan nonprofit organization, is dedicated to addressing the needs of the Hispanic population. They accomplish this through conferences held twice a year, which serve as a platform for legislators, scholars, business and labor leaders to discuss and advocate for various concerns relevant to this community. Thought-provoking workshops on key issues such as business development, health, and education are organized during these conferences to gain support for new and existing legislation aimed at addressing the needs of the Hispanic population. Additionally, Somos Inc utilizes the funds collected from these conferences to provide academic financial awards to encourage further education among Hispanic youth, promote college internships to enhance retention, and offer apprenticeships to introduce newly graduated adults into the public, nonprofit, labor, and private sectors. The organization's ultimate goal is to create opportunities for Hispanic youth, facilitating their professional development.


Official website here: www.somosnewyork.org

Who is the CEO of Somos Inc?

Ladan Nikravan is the Director of Somos Inc.


Official website here: www.somosnewyork.org

What is the revenue of Somos Inc?

Somos Inc's revenue in 2022 was $856,811.


Official website here: www.somosnewyork.org

Who are the executives of Somos Inc and what are their salaries?

The average compensation at Somos Inc during 2022 was $69,304. There are 1 employees and 14 volunteers at Somos Inc.

Here are 15 key members and their salaries:

    Tania Capaz (Executive Director)
  • Compensation: $90,835
  • Related: $0
  • Other: $0

    • Antonio Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmen Flores (Second Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francisco Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilda Escher (First Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ladan Alomar (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Fernandez (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Nieves (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ninfa Segarra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Sonia Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Niever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Santos Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Burzio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.somosnewyork.org

    Where can I find the form 990 for Somos Inc?

    The Somos Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.somosnewyork.org

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

    Mission Statement of Somos Inc

    Somos Inc, a nonpartisan 501(C)3 organization, is committed to addressing the needs of the Hispanic population in New York State. Its mission is twofold: to serve as a platform for dialogue and action on various concerns relevant to this community, and to empower Hispanic youth through educational opportunities and work experiences.

    The organization achieves its mission through biannual conferences, which bring together legislators, scholars, business and labor leaders. These events provide a space for discussing and advocating for legislation aimed at addressing the needs of the Hispanic population. Workshops on key issues such as business development, health, and education are also part of these conferences, helping to rally support for new and existing policies.

    Beyond conferences, Somos Inc also invests in the future of Hispanic youth. It provides academic financial awards to encourage further education, offers college internships to promote retention, and introduces newly graduated adults into the public, nonprofit, labor, and private sectors through apprenticeships. These initiatives are designed to create opportunities for professional development, helping Hispanic youth to succeed in their chosen fields.

    In essence, Somos Inc is a driving force for change in the Hispanic community in New York State. Through its conferences, workshops, and youth empowerment programs, it fosters dialogue, advocates for policies, and provides opportunities, all with the goal of improving the lives of Hispanic individuals.

    Impact

    This information is meant to be a general summary of Somos Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Somos Inc has a significant impact on the Hispanic population of New York State by addressing their needs through conferences, workshops, and legislative advocacy. The organization provides a platform for legislators, scholars, business leaders, and labor leaders to discuss key issues such as business development, health, and education that are pertinent to the Hispanic community. By raising awareness and recruiting support for legislation aimed at addressing these needs, Somos Inc plays a crucial role in advocating for the Hispanic population.

    Furthermore, Somos Inc empowers Hispanic youth through academic financial awards, college internships, and apprenticeships, thereby promoting their educational and professional development. By creating opportunities for Hispanic youth to excel and succeed in various sectors, the organization contributes to the overall growth and advancement of the Hispanic community in New York State.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $856,811

    • Assets and Liabilities:
  • Total Assets: $246,990
  • Total Liabilities: $13,200
  • Net Assets: $233,790
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Ladan Nikravan

    Main Address

    90 SOUTH SWAN STREET 300, ALBANY, NY, 12210

    NTEE Category

    Code: P84 - Human services

    If you are a representative of Somos Inc 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.