nonprofit logo

El Futuro Inc

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

EIN: 800122334 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is El Futuro Inc?

El Futuro Inc, established in 2004, is a nonprofit organization catering to the Spanish-speaking community. Its primary focus is on providing mental health and substance abuse treatment to residents within its community. The organization offers a welcoming environment and resources to help individuals who may be struggling with these issues. Although the specific activities or mission details might be outlined in their schedule, the core mission remains clear: to offer support and treatment to those in need.


Official website here: www.elfuturo-nc.org

Is El Futuro Inc legitimate?

El Futuro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Futuro 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: $205,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,494,486

For more financial information, click here


Official website here: www.elfuturo-nc.org

What is the mission statement of El Futuro Inc?

El Futuro Inc, founded in 2004, serves as a sanctuary for individuals in the community who speak Spanish, providing them with mental health and substance abuse treatment. The organization's mission is centered around offering a supportive environment for those seeking help in managing their mental health issues and substance abuse problems. By doing so, El Futuro Inc aims to empower and improve the quality of life for its clients. It should be noted that El Futuro specializes in serving the Spanish-speaking community.


Official website here: www.elfuturo-nc.org

Who is the CEO of El Futuro Inc?

David L Smith is the Executive Director of El Futuro Inc.


Official website here: www.elfuturo-nc.org

What is the revenue of El Futuro Inc?

El Futuro Inc's revenue in 2022 was $5,141,652.


Official website here: www.elfuturo-nc.org

Who are the executives of El Futuro Inc and what are their salaries?

The average compensation at El Futuro Inc during 2022 was $47,369. There are 57 employees and 50 volunteers at El Futuro Inc.

Here are 18 key members and their salaries:

    David L Smith (Executive Director)
  • Compensation: $196,687
  • Related: $0
  • Other: $0

    • Cecilia Ordonez (Psychiatrist)
  • Compensation: $184,236
  • Related: $0
  • Other: $0

    • Kerry Brock (Director Of Advancement & Str)
  • Compensation: $112,253
  • Related: $0
  • Other: $0

    • Manuel Manny Nieto (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karlina Matthews (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Holden (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Merywen Wenny Wigley (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nena Peragallo Montano (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenni Owen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Peggy Bentley (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruno Estigarribia (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luis Alvarez (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hope Williams (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Fitzgerald (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lister Delgado (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecilia Barja (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Bruch (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosa M Gozalez-Guarda (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elfuturo-nc.org

    Where can I find the form 990 for El Futuro Inc?

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


    Official website here: www.elfuturo-nc.org

    Learn more at the official website: www.elfuturo-nc.org

    Mission Statement of El Futuro Inc

    El Futuro Inc, founded in 2004, provides a vital service to the community, particularly for those who speak Spanish. This non-profit organization serves as a sanctuary, offering mental health and substance abuse treatment to all who seek help. By offering its services in Spanish, El Futuro ensures that those who may be marginalized due to language barriers have access to the care they need. The mission of El Futuro Inc is to empower the community by providing mental health and substance abuse treatment, thereby enhancing the overall well-being of those it serves.

    Impact

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




    Tuesday, June 18, 2024

    El Futuro Inc has a significant impact on the residents of the Durham community who speak Spanish by providing essential mental health and substance abuse treatment services. Through its dedicated work since 2004, El Futuro has been a vital resource for individuals seeking help in these critical areas. Their focus on culturally competent care ensures that Spanish-speaking residents can receive the support and treatment they need to improve their mental health and well-being. The organization's commitment to addressing these crucial issues has undoubtedly made a positive difference in the lives of many in the community.





    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: $4,545
  • Program Service Revenue: $979,774
  • Gross Receipts: $5,141,652

    • Assets and Liabilities:
  • Total Assets: $4,256,977
  • Total Liabilities: $370,889
  • Net Assets: $3,886,088
  • Programs

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

    Clinical services

    Revenue

    $979,774

    Organization Details

    Founding Year

    2004

    Principal Officer

    David L Smith

    Main Address

    2020 Chapel Hill Road STE 23, Durham, NC, 27707

    NTEE Category

    Code: F32 - Mental health

    If you are a representative of El Futuro 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.