Latino Commission On Aids Inc
- Assets
- $4.2m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 78
- Location
- New York, NY
- Founding
- 01/1992
- Data as of
- 06/2023
- EIN
- 13-3629466
Organization Overview
Latino Commission On Aids Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Latino Commission On Aids Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Commission On Aids 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 06/2023, Latino Commission On Aids Inc generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $10.3m during the year ending 06/2023. While expenses have increased by 12.3% per year over the past 8 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.
Since 2015, Latino Commission On Aids Inc has awarded 238 individual grants totaling $3,311,910. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND PROMULGATE A STRATEGY TO ADDRESS THE AIDS EPIDEMIC WITHIN THE LATINO COMMUNITY. IN FURTHERANCE OF THIS CHARITABLE AND EDUCATIONAL PURPOSE, THE COMMISSION WORKS TO: RAISE THE LATINO COMMUNITY'S CONSCIOUSNESS, AND THAT OF THE SOCIETY AS A WHOLE REGARDING HIV INFECTION AMONG LATINOS; SUPPORTING THE DEVELOPMENT OF RESEARCH, PREVENTION, EDUCATION AND TREATMENT PROGRAMS THAT ARE APPROPRIATE FOR ALL LATINOS; PROMOTING THE LATINO COMMUNITY'S RIGHT TO FULL AND SPEEDY MEDICAL, SOCIAL AND GOVERNMENTAL RESPONSES IN LIGHT OF THE CURRENT HEALTH CRISIS, AND COMMENT AND EDUCATE ON THE ALLOCATION OF APPROPRIATE RESOURCES TO IMPACT COMMUNITIES, COMMMUNITY HEALTH EDUCATION AND PREVENTION THAT IS CULTURALLY SENSITIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AN AIDS LEADERSHIP COALITION AND PROVIDE A VEHICLE FOR ADDRESSING HIV/AIDS NEEDS IN THE TARGETED COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guillermo Chacon President | Officer | 40 | $166,927 |
Luis Garden Acosta Board Member | Trustee | 1 | $0 |
Vanessa Ramos ESQ Board Member | Trustee | 1 | $0 |
Julia Hamra Board Member | Trustee | 1 | $0 |
George M Fesser Lmsw Secretary | Trustee | 1 | $0 |
Justin Toro Lmsw Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $407,824 |
| Related organizations | $0 |
| Government grants | $7,027,455 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,693,166 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,128,445 |
| Total Program Service Revenue | $850,812 |
| Investment income | $0 |
| 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 | $9,979,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $622,400 |
| 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 | $4,879,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,123,205 |
| Payroll taxes | $398,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $790,512 |
| Advertising and promotion | $23,925 |
| Office expenses | $120,374 |
| Information technology | $55,800 |
| Royalties | $0 |
| Occupancy | $623,269 |
| Travel | $627,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $719,352 |
| Interest | $20,588 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,272 |
| Insurance | $28,267 |
| All other expenses | $0 |
| Total functional expenses | $10,298,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,168,149 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,660,084 |
| 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 | $53,341 |
| Net Land, buildings, and equipment | $163,638 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,110,050 |
| Total assets | $4,155,262 |
| Accounts payable and accrued expenses | $288,188 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,864,333 |
| Total liabilities | $3,152,521 |
| Net assets without donor restrictions | $1,002,741 |
| 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 | $4,155,262 |
Grants Awarded
Over the last fiscal year, Latino Commission On Aids Inc has awarded $619,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
IGLESIA METODISTA UNIDA SAN ESTEBAN PURPOSE: HIV PREVENTION & EDU | $28,400 |
OUR LADY OF MT CARMELO | | | $27,400 |
UNITED METHODIST CHURCH OF JAMAICA PURPOSE: HIV PREVENTION & EDU | $12,400 |
FIRST SPANISH UNITED METHODIST CHUR | | | $12,800 |
IGLESIA DE LA SANTA CRUZCHURCH OF PURPOSE: HIV PREVENTION & EDU | $27,400 |
CHURCH OF GOD THIRD AVENUE PURPOSE: HIV PREVENTION & EDU | $28,600 |