Hispanos Unidos De Buffalo Incorporated
- Assets
- $2.0m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 47
- Location
- Buffalo, NY
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 16-1243094
Organization Overview
Hispanos Unidos De Buffalo Incorporated is located in Buffalo, NY. The organization was established in 1986. 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 12/2021, Hispanos Unidos DE Buffalo Incorporated employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanos Unidos DE Buffalo Incorporated 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 12/2021, Hispanos Unidos DE Buffalo Incorporated generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 18.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESPOND TO ECONOMIC, SOCIAL, EDUCATIONAL, AND CULTURAL NEEDS OF HISPANIC/LATINOS IN WESTERN NEW YORK WITH BILINGUAL, BICULTURAL SERVICES THAT PROMOTE SELF SUFFICIENCY AND IMPROVE QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A VARIETY OF SERVICES TO THE LOCAL COMMUNITY, INCLUDING HOUSING ASSISTANCE, DOMESTIC VIOLENCE COUNSELING, YOUTH AND SENIOR CITIZEN ACTIVITIES, AIDS AWARENESS AND DEVELOPMENTAL DISABILITIES PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugenio Russi Executive Dir. | Officer | 5 | $167,655 |
David Rodriguez Director Of Housing Develo | 5 | $132,860 | |
Raul Russi President | Officer | 2 | $0 |
Vicky Gatell CFO | Officer | 2 | $0 |
Lymaris Albors CEO | Officer | 2 | $0 |
David Collymore Cmo | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,818,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,961,763 |
| Total Program Service Revenue | $1,525,109 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,250 |
| Net Gain/Loss on Asset Sales | $25,565 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,700,642 |
| 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. | $167,655 |
| Compensation of current officers, directors, key employees. | $16,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,715,414 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $201,958 |
| Payroll taxes | $134,832 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $795 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,567 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $676,280 |
| Travel | $20,436 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,255 |
| Insurance | $72,208 |
| All other expenses | $165,756 |
| Total functional expenses | $3,718,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $473,716 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $665,005 |
| 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 | $43,784 |
| Net Land, buildings, and equipment | $367,128 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $471,233 |
| Total assets | $2,020,866 |
| Accounts payable and accrued expenses | $266,285 |
| 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 | $295,893 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,690 |
| Total liabilities | $596,868 |
| Net assets without donor restrictions | $1,423,998 |
| 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 | $2,020,866 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hispanos Unidos De Buffalo Incorporated has recieved totaling $88,589.
| Awarding Organization | Amount |
|---|---|
Feedmore Western New York Inc Buffalo, NY PURPOSE: PROGRAM EXPENSES | $78,589 |
John R Oishei Foundation Buffalo, NY PURPOSE: COVID-19 RECOVERY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brooklyn Chinese-American Association Inc Brooklyn, NY | $16,442,074 | $13,631,534 |
Nationalities Service Center Of Philadelphia Philadelphia, PA | $6,008,905 | $13,342,474 |
Junta De Accion Puertorriquena Inc Puerto Rican Action Board Inc New Brunswick, NJ | $2,505,820 | $11,202,004 |
Lch Health And Community Services Kennett Square, PA | $6,724,367 | $8,909,074 |
Mid-Island Y Jewish Community Center Inc Plainview, NY | $9,808,281 | $10,961,733 |
Puerto Rican Org For Community Educational & Economic Development Elizabeth, NJ | $11,237,037 | $9,797,068 |
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 |
Hias And Council Migration Service Of Philadelphia Inc Philadelphia, PA | $6,751,198 | $6,830,316 |
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 |