Hispanic Federation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Hispanic Federation meets the 20 Standards for Charity Accountability.
Stated Purpose:
Hispanic Federation (HF) is the nation’s premier Latino nonprofit membership organization. Founded in 1990, HF seeks to empower and advance the Hispanic community, supporting Hispanic families and strengthening Latino institutions. HF works in the areas of education, health, immigration, civic engagement, economic empowerment, and the environment.
Year, State Incorporated:
1990, NY
Hispanic Federation is a service-oriented membership organization that works with over 650+ nonprofit organizations in 42 states to strengthen Latino communities nationwide. With offices in Connecticut, Florida, Illinois, New York, North Carolina, Puerto Rico, and Washington D.C. we have established a nonprofit footprint throughout the US & Puerto Rico. HF works to uplift millions of Hispanic children, youth, and families across the country. In addition, HF works locally, state-wide, and nationally to strengthen Latino nonprofits, promote public policy advocacy, and bring to scale a portfolio of innovative community programs.
Membership services fortify HF's grassroots nonprofits through capacity-building grants that support core operational needs, and graduate-level management classes, leadership development trainings, board recruitment and placement, executive fundraising workshops, and other technical assistance seminars.
Advocacy services are focused on advancing the interests and aspirations of Latinos and their community-based organizations through coalition-building, policy research, public education, advocacy, voter mobilization and more.
Community assistance programs are designed to support and uplift children, youth, and families through the provision of direct social services in the areas of education, immigration, health care, economic development, and the environment.
For the year ended December 31, 2022, Hispanic Federation's program expenses were:
| Community Assistance | $18,543,663 |
| Organization development assistance | $5,618,275 |
| Advocacy | $4,001,577 |
| Technical assistance | $3,721,346 |
| Total Program Expenses | $31,884,861 |
Chair's Profession / Business Affiliation
Not disclosed
Board Size
15
Paid Staff Size
111
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Television, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Hispanic Federation's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Contributions | $18,104,013 |
| Government Grants | $10,203,447 |
| Contribution to donor-advised funds | $3,677,332 |
| Event income (net of expenses with direct benefit to donor) | $2,642,536 |
| Contributions for UNIDOS disaster relief and recovery program | $1,419,054 |
| In-kind donations | $1,189,327 |
| Other income | $594,986 |
| Contributions COVID19 Relief | $75,000 |
| Investment returns (net of fees) | $-1,713,038 |
| Total Income | $36,192,657 |
Programs: 89% Fundraising: 4% Administrative: 7%
| Total Income | $36,192,657 |
| Total expenses: | $35,842,789 |
| Program expenses | $31,884,861 |
| Fundraising expenses | $1,557,163 |
| Administrative expenses | $2,400,765 |
| Other expenses | $0 |
| Income in Excess of Expenses | $349,868 |
| Beginning Net Assets | $43,692,211 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $44,042,079 |
| Total Liabilities | $3,703,095 |
| Total Assets | $47,745,174 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Report completed by:
BBB Foundation of Metropolitan New York