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Hogar Hispano Inc

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

EIN: 550860403 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Hogar Hispano Inc?

Hogar Hispano Inc is a nonprofit organization based in Washington, D.C., specifically at 1126 16TH STREET NW 600. Their primary mission is to serve and benefit the underserved Hispanic/Latino community, both locally and nationally. They achieve this through real estate investments and related debt, providing community and economic development opportunities to service-based organizations. These opportunities encompass educational programs, workforce training, and capacity building. Hogar Hispano Inc also develops programs for foreclosure prevention and the resale of foreclosed properties to individuals and non-profits. Furthermore, they offer technical and development support to help create new financial service investment models for low-income communities and families. Their team comprises 7 dedicated individuals.


Is Hogar Hispano Inc legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $194,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,434

For more financial information, click here


What is the mission statement of Hogar Hispano Inc?
Who is the CEO of Hogar Hispano Inc?
What is the revenue of Hogar Hispano Inc?
Who are the executives of Hogar Hispano Inc and what are their salaries?
Where can I find the form 990 for Hogar Hispano Inc?

Mission Statement of Hogar Hispano Inc

Hogar Hispano Inc, a nonprofit organization, seeks to serve and benefit the underserved Hispanic/Latino community both nationally and locally. They aim to achieve this goal through participation in real estate, investments, and related debt activities. The corporation's mission is to provide community and economic development opportunities to service-based organizations. These organizations can range from educational institutions to workforce training centers and capacity-building initiatives. By doing so, Hogar Hispano Inc strives to contribute to the betterment of the Hispanic/Latino community, offering them a chance to grow and thrive.

Impact

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




Saturday, July 20, 2024

Hogar Hispano Inc's impact is significant in the realm of community and economic development opportunities for underserved and Hispanic/Latino communities. The organization has developed programs for foreclosure prevention and the resale of foreclosed properties, providing diverse services and in-kind support to develop business models for Latino service non-profits. Through executive management support, Hogar Hispano Inc offers technical and development assistance for creating new models to deliver financial service investments to low-income communities and families. With several active projects on a national platform, the organization plays a crucial role in supporting service-based organizations, offering educational, workforce training, and capacity-building opportunities.





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: $300
  • Program Service Revenue: $250,362
  • Gross Receipts: $2,629,825

    • Assets and Liabilities:
  • Total Assets: $5,529,247
  • Total Liabilities: $1,114,740
  • Net Assets: $4,414,507
  • Programs

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

    FEE INCOME

    Revenue

    $119,642

    MORTGAGE INTEREST INCOME

    Revenue

    $65,623

    RENTAL INCOME

    Revenue

    $65,097

    Organization Details

    Founding Year

    2004

    Principal Officer

    Lautaro Diaz

    Main Address

    1126 16TH STREET NW 600, WASHINGTON, DC, 20036

    NTEE Category

    Code: P840 - Human services

    If you are a representative of Hogar Hispano 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.