Spanish American Center Inc is located in Leominster, MA. The organization was established in 1982. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Spanish American Center Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spanish American Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Spanish American Center Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 25.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORTIVE SERVICES TO THE SPANISH COMMUNITY OF LEOMINSTER AND SURROUNDING TOWNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCE AND SUPPORT FOR SURVIVOR OF DOMESTIC VIOLENCE AND ASSAULT
PROVIDE MEALS AND FOOD TO THE GENERAL PUBLIC TO ALLEVIATE MALNUTRITION AS A RESULT OF POVERTY
PROVIDE SERVICES AND OUTREACH TO THE ELDERLY, EDUCATIONAL SERVICES, AND ASSISTANCE TO IMMIGRANTS INTERGRATING INTO THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Migdalia Velez President | OfficerTrustee | 5 | $0 |
Silvia Taurino Clerk | OfficerTrustee | 5 | $0 |
Lynda Velez Scullane Director | Trustee | 1 | $0 |
Mary Yanneth Bermudezcamp Director | Trustee | 1 | $0 |
Meredith Geraghty Director | Trustee | 1 | $0 |
Ramon Gonzalez Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $21,846 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,005,859 |
All other contributions, gifts, grants, and similar amounts not included above | $1,642,881 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,670,586 |
Total Program Service Revenue | $0 |
Investment income | $142 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,670,728 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $543,909 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $43,738 |
Payroll taxes | $53,704 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $600,648 |
Advertising and promotion | $1,193 |
Office expenses | $23,789 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $402,549 |
Travel | $7,243 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,709 |
Interest | $8,234 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $39,512 |
Insurance | $16,898 |
All other expenses | $31,156 |
Total functional expenses | $2,338,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $219,178 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $732,802 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,937 |
Net Land, buildings, and equipment | $1,048,615 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,007,532 |
Accounts payable and accrued expenses | $337,868 |
Grants payable | $0 |
Deferred revenue | $213,292 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $258,023 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $809,183 |
Net assets without donor restrictions | $1,198,349 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,007,532 |
Over the last fiscal year, we have identified 5 grants that Spanish American Center Inc has recieved totaling $205,447.
Awarding Organization | Amount |
---|---|
United Way Of North Central Mass Inc Fitchburg, MA PURPOSE: FAMILY SUPPORT SERVICES | $99,500 |
Community Foundation Of North Central Massachusetts Inc Fitchburg, MA PURPOSE: PANDEMIC RELATED | $77,985 |
Tufts Health Plan Foundation Inc Canton, MA PURPOSE: Momentum Fund COVID Response | $10,000 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: NOS AYUDANDO MUTUAMENTE | $10,000 |
Project Bread - The Walk For Hunger Inc East Boston, MA PURPOSE: FY22 CHILD NUTRITION GRANTS | $7,962 |
Organization Name | Assets | Revenue |
---|---|---|
Brooklyn Chinese-American Association Inc Brooklyn, NY | $16,442,074 | $13,631,534 |
Mid-Island Y Jewish Community Center Inc Plainview, NY | $9,808,281 | $10,961,733 |
Rian Immigrant Center Inc Boston, MA | $3,539,791 | $6,977,812 |
Chinese Christian Herald Crusades Inc Flushing, NY | $34,224,401 | $8,882,723 |
Korean Community Services Of Metropolitan New York Inc Bayside, NY | $13,398,422 | $7,508,888 |
Haitian Americans United For Progress Hollis, NY | $605,051 | $5,406,105 |
Connecticut Institute For Refugees And Immigrants Inc Bridgeport, CT | $3,814,184 | $6,185,902 |
Journeys End Refugee Services Buffalo, NY | $3,890,672 | $5,653,427 |
Accompany Capital Inc New York, NY | $17,866,704 | $6,735,687 |
International Institute Of Buffalo Inc Buffalo, NY | $4,219,945 | $4,277,400 |
Neighbors Link Corp Mount Kisco, NY | $10,046,885 | $8,877,211 |
Type Media Center Inc New York, NY | $7,555,891 | $4,342,257 |