National Association For Latino Community Asset Builders
National Association For Latino Community Asset Builders
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About this organization
Mission
NALCAB strengthens the economy by advancing economic mobility in Latino communities.
About
Organizational Capacity Building - The Organizational Capacity Building Program builds the systems and capacity of NALCAB Network members, other non- profits, and units of government to implement programs and projects that ultimately advance economic mobility in low and moderate-income communities. The program provides development services to organizations that may potentially borrow from NALCAB and, assists organizations in securing capital investment from other sources. NALCAB implements this work through grant- making, technical assistance, training, and the facilitation of peer-to-peer collaboration. NALCAB provides culturally-relevant training to practitioners in the field of community and economic development by hosting an annual National Training, presenting educational webinars throughout the year, and through the Pete Garcia Community Economic Development Fellowship Program which prepares next-generation leaders. Since 2007 NALCAB has made grants of over $20 million to non-profit organizations and utilized over $10.3 million in federal funding (US HUD and SBA) to provide technical assistance to nonprofits and local/state government agencies (urban and rural). Since 2008, member organizations have secured more than $350 million for their programs as a direct result of NALCAB's support. NALCAB has also provided culturally- relevant training to over 1,000 practitioners and graduated 137 Fellows from the Pete Garcia Fellowship.
Interesting data from their 2019 990 filing
The filing documents outline the non-profit's mission as “To build assets for latino families, communities and organizations.”.
When outlining the tasks it performs, they were referred to as: “To build assets for latino families, communities and organizations. nalcab's work advances economic mobility for low- and moderate-income people.”.
- The non-profit's reported state of operation is TX as per legal requirements.
- The filing reveals that the address of the non-profit in 2019 is 5404 WURZBACH RD, SAN ANTONIO, TX, 78238.
- As of 2019, the non-profit has 34 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$584,553.
- The compensation policy for the CEO of the organization is established through a review and endorsement from an independent source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 15 independent voting members.
- The organization was formed in 2002.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization conducts activities in partnership with another organization.
- The organization pays $2,133,431 in salary, compensation, and benefits to its employees.
- The organization pays $31,070 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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