National Forum For Latino Healthcare Executives
- Assets
- $279.6k
- Revenue
- $378.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Itasca, IL
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-2033192
Organization Overview
National Forum For Latino Healthcare Executives is located in Itasca, IL. The organization was established in 2009. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Forum For Latino Healthcare Executives is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, National Forum For Latino Healthcare Executives generated $378.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $262.4k during the year ending 12/2022. While expenses have increased by 10.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NATIONAL FORUM FOR LATINO HEALTHCARE EXECUTIVES (NFLHE) IS TO INCREASE THE REPRESENTATION OF LATINOS AT THE EXECUTIVE LEVEL OF THE U.S. HOSPITALS AND HEALTH SYSTEMS AND TO PROVIDE A RESOURCE BASE OF INPUT FROM LATINO EXECUTIVES IN THE AREA OF LEGISLATION, REGULATION AND POLICY AFFECTING THE HEALTH AND HEALTHCARE OF U.S. LATINO COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NFLHE PROMOTED REASEACH PROJECTS THAT EXPLOERS THE ATTAINMENT AND DEVELOPMENT OF LATINO HOSPITAL AND HEALTH CARE SYSTEM EXECUTIVES AND THE HEALTHCARE IN THE U.S. LATINO POPULATION.
THE NFLHE HOSTED EVENTS TO BRING LATINO HEALTH CARE EXECUTIVES AND NFLHE MEMBERS TOGETHER TO DISCUSS ISSUES OF THE DAY, NETWORKING AND MENTORING TO ADVANCE NFLHE MEMBERS TO HIGHER LEVEL POSITIONS IN THEIR OR OTHER HEALTHCARE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Varges-Marcos President | OfficerTrustee | $0 | |
Rolando Gomez Executive Di | Officer | $0 | |
James Rodriguez Director Of | Officer | $0 | |
Frank Hurtarte Director | Trustee | $0 | |
Xavier Villarreal Director | Trustee | $0 | |
Rubin Castro Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $283,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $283,420 |
| Total Program Service Revenue | $94,975 |
| 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 | $378,395 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $87,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,823 |
| Office expenses | $10,589 |
| Information technology | $36,993 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $11,575 |
| Conferences, conventions, and meetings | $93,563 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,731 |
| All other expenses | $0 |
| Total functional expenses | $262,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,935 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $1,670 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $279,605 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $0 |
| Total liabilities | $5,000 |
| Net assets without donor restrictions | $274,605 |
| 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 | $279,605 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Forum For Latino Healthcare Executives has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American College Of Healthcare Executives Chicago, IL PURPOSE: General Support | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Soybean Export Council Inc Chesterfield, MO | $22,345,655 | $54,169,870 |
Midway Airlines Terminal Consortium Chicago, IL | $5,016,144 | $16,801,841 |
Julie Inc Joliet, IL | $17,181,914 | $10,586,687 |
International Accreditation Service Inc Country Club Hills, IL | $30,369,423 | $13,023,651 |
Better Business Bureau Of Chicago And Northern Illinois Inc Chicago, IL | $9,345,951 | $7,242,725 |
Somercor 504 Inc Chicago, IL | $3,029,721 | $5,498,037 |
Chicago Minority Supplier Development Council Inc Chicago, IL | $1,146,742 | $3,861,380 |
Sdco 2121 Belmont Inc Chicago, IL | $50,394,223 | $3,094,881 |
American Academy Of Emergency Medicine Inc Milwaukee, WI | $5,226,963 | $3,404,237 |
Better Business Bureau Of Wisconsin Inc Milwaukee, WI | $5,171,220 | $3,579,852 |
Financial & Insurance Conference Professionals Chicago, IL | $5,858,048 | $2,460,356 |
Surplus Line Association Of Illinois Chicago, IL | $9,048,277 | $3,089,072 |