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Hace

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

EIN: 232142317 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Hace?

Hace, or Hispanic Association Contractor Enterprises, is a nonprofit organization dedicated to revitalizing communities through economic development initiatives. Their main focus is on combating community deterioration by addressing commercial revitalization, creating job opportunities, constructing safe and affordable housing, and providing necessary support services to enhance the lives of local residents. By working towards restoring their primary neighborhoods, Hace aims to foster a positive environment where residents can benefit from sound investments that significantly improve their quality of life. Their activities span across community development, housing counseling, and job creation along the main street corridor.


Official website here: www.hacecdc.org

Is Hace legitimate?

Hace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hace 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: $179,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $939,679

For more financial information, click here


Official website here: www.hacecdc.org

What is the mission statement of Hace?

HACE, or Hispanic Association Contractor Enterprises, aims to combat community deterioration through economic development initiatives. Their mission focuses on revitalizing primary neighborhoods by addressing commercial growth, employment opportunities, the development of safe and affordable housing, and providing necessary support services. They strive to create beneficial investments that improve the quality of life for residents in these areas. Essentially, HACE works towards restoring neighborhood economies, focusing on potential growth and improvement opportunities.


Official website here: www.hacecdc.org

Who is the CEO of Hace?

Maria Gonzalez is the President of Hace.


Official website here: www.hacecdc.org

What is the revenue of Hace?

Hace's revenue in 2022 was $4,255,010.


Official website here: www.hacecdc.org

Who are the executives of Hace and what are their salaries?

Here are 9 key members and their salaries:

    Maria Gonzalez (President)
  • Compensation: $161,440
  • Related: $0
  • Other: $18,000

    • Gina Chapman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynette Santiago-Lorenze Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rafael A Porrata-Doria Jr Esq (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miquel Garcia (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Javier Jandal (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yocasata Lora (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erick Martinez (Treasurer/Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felicita Miranda (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hacecdc.org

    Where can I find the form 990 for Hace?

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


    Official website here: www.hacecdc.org

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

    Mission Statement of Hace

    HACE, or the Hispanic Association Contractor Enterprises, is dedicated to combating community deterioration through economic development initiatives. The organization prioritizes revitalizing commercial areas, creating employment opportunities, constructing safe and affordable housing, and providing support services to meet the needs of community residents. By focusing on these areas, HACE aims to strengthen the economic base of its primary neighborhoods, ultimately improving the quality of life for its residents. The organization strives to make sound investments that will positively impact the community, restoring its vitality.

    Impact

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




    Thursday, August 15, 2024

    HACE's impact is seen through its efforts in combatting community deterioration through economic development initiatives. By focusing on commercial revitalization, employment opportunities, and the creation of safe affordable housing, HACE is working to rebuild the economic base of the neighborhood. Through their work, residents are benefitting from sound investments that improve their quality of life and contribute to the overall community improvement.





    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: $197
  • Program Service Revenue: $1,428,081
  • Gross Receipts: $4,255,010

    • Assets and Liabilities:
  • Total Assets: $16,605,211
  • Total Liabilities: $8,128,875
  • Net Assets: $8,476,336
  • Programs

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

    RENTAL INCOME

    Revenue

    $856,684

    DEVELOPMENT FEES

    Revenue

    $566,872

    COUNSELOR FEES

    Revenue

    $4,525

    Organization Details

    Founding Year

    1982

    Principal Officer

    Maria Gonzalez

    Main Address

    167 WEST ALLEGHENY AVENUE, PHILADELPHIA, PA, 19140

    NTEE Category

    Code: S200 - Community improvement

    If you are a representative of Hace 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.