Holding Institute Inc
- Assets
- $525.5k
- Revenue
- $416.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Laredo, TX
- Founding
- 01/1977
- Data as of
- 08/2020
- EIN
- 74-0687050
Organization Overview
Holding Institute Inc is located in Laredo, TX. The organization was established in 1977. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holding Institute 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 08/2020, Holding Institute Inc generated $416.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $204.2k during the year ending 08/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE HOLDING INSTITUTE, INC. - COMMUNITY CENTER RESPONDS TO THE NEEDS OR WOMEN, CHILDREN, AND FAMILIES TO ENCOURAGE HEALTH AND WELLNESS, TO EMPOWER EDUCATION, TO IMPROVE COMMUNITY, AND TO INVITE DISCRIPLESHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOLDING INSTITURE, INC. - COMMUNITY CENTER RESPONDS TO THE NEEDS OF WOMEN, CHILDREN, AND FAMILIES TO ENCOURAGE HEALTH AND WELLNESS, TO EMPOWER EDUCATION, TO IMPROVE COMMUNITY AND TO INVITE DISCIPLESHIP. BI-LINGUAL AND BI-CULTURAL COURSES IN BEGINNING, INTERMEDIATE AND CONVERSATION ENGLISH AND COMPUTER LITERACY. THESE ACTIVITES HAVE BEEN CURTAILED DUE TO THE CURRENT PANDEMIC. THE ORGANIZAION ALSO OPERATES A FOOD BANK PROGRAM THAT PROVIDES EMERGENCY FOOD. THE FOOD BANK PROGRAM IS PRIMARILY FOR PEOPLE THAT HAVE NO RESOURCES LEFT AT THE END OF THE MONTH BEFORE OBTAINING GOVERNMENT FOOD STAMP ASSISTANCE IN PARTNERSHIP WITH THE LAREDO REGIONAL FOOD BANK. THE ORGANIZATION ALSO PROVIDES SHELTER FOR PERSONS NEEDING SHELTER, CLOTHING, AND FOOD ASSISTANCE DUE TO EMERGENCIES AND OTHER HARDSHIPS.
THE HOLDING INSTITURE, INC. - COMMUNITY CENTER RESPONDS TO THE NEEDS OF WOMEN, CHILDREN, AND FAMILIES TO ENCOURAGE HEALTH AND WELLNESS, TO EMPOWER EDUCATION, TO IMPROVE COMMUNITY AND TO INVITE DISCIPLESHIP. BI-LINGUAL AND BI-CULTURAL COURSES IN BEGINNING, INTERMEDIATE AND CONVERSATION ENGLISH AND COMPUTER LITERACY. THESE ACTIVITES HAVE BEEN CURTAILED DUE TO THE CURRENT PANDEMIC. THE ORGANIZAION ALSO OPERATES A FOOD BANK PROGRAM THAT PROVIDES EMERGENCY FOOD. THE FOOD BANK PROGRAM IS PRIMARILY FOR PEOPLE THAT HAVE NO RESOURCES LEFT AT THE END OF THE MONTH BEFORE OBTAINING GOVERNMENT FOOD STAMP ASSISTANCE IN PARTNERSHIP WITH THE LAREDO REGIONAL FOOD BANK. THE ORGANIZATION ALSO PROVIDES SHELTER FOR PERSONS NEEDING SHELTER, CLOTHING, AND FOOD ASSISTANCE DUE TO EMERGENCIES AND OTHER HARDSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaime Arizpe Chairperson | OfficerTrustee | 10 | $0 |
Estela G Miranda Secertary | OfficerTrustee | 10 | $0 |
Albert Salinas Treasurer | OfficerTrustee | 15 | $0 |
Alvaro Guzman Director | Trustee | 10 | $0 |
Jane Dettling Director | Trustee | 10 | $0 |
Ana Maria Pulido Saldivar Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $401,591 |
| Investment income | $14,597 |
| 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 | $416,188 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $33,827 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,822 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,120 |
| Advertising and promotion | $0 |
| Office expenses | $11,794 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,634 |
| Travel | $776 |
| 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 | $2,557 |
| Insurance | $3,697 |
| All other expenses | $0 |
| Total functional expenses | $204,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $388,755 |
| 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 | $0 |
| Investments—publicly traded securities | $39,597 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $525,531 |
| Accounts payable and accrued expenses | $48,236 |
| 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 | $40,003 |
| Other liabilities | $0 |
| Total liabilities | $88,239 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $437,292 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Holding Institute Inc has recieved totaling $344,358.
| Awarding Organization | Amount |
|---|---|
Save The Children Federation Inc Fairfield, CT PURPOSE: MULTIPLE PRGM ACTVY | $232,797 |
Church World Service Inc Elkhart, IN PURPOSE: SERVICES TO THE DISPLACED | $61,219 |
Methodist Healthcare Ministries Of South Texas Inc San Antonio, TX PURPOSE: Winter Storm Relief | $25,000 |
John G & Marie Stella Kenedy Memorial Foundation Corpus Christi, TX PURPOSE: El Chisme - Community Laundromat | $15,000 |
United Way Of Laredo Inc Laredo, TX | | $10,342 |
Peer Organizations
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|---|---|---|
Houston Area Contractors Safety Council Pasadena, TX | $102,679,863 | $32,993,689 |
Api Fund For Payroll Education Inc San Antonio, TX | $20,801,740 | $7,778,526 |
Texas Association Of School Business Officials Austin, TX | $13,552,555 | $8,546,890 |
Wellmed Charitable Foundation San Antonio, TX | $5,288,908 | $6,529,021 |
M E B Alliance For Educator Diversity Inc Austin, TX | $22,314,291 | $21,147,131 |
Center For American And International Law Plano, TX | $32,656,244 | $3,952,050 |
Construction Education Foundation Inc Dfw Airport, TX | $1,773,818 | $2,270,031 |
In His Image International Inc Tulsa, OK | $3,455,358 | $3,136,702 |
Rain Drop Foundation Inc Houston, TX | $11,714,066 | $2,130,496 |
Texas Liver Institute Inc San Antonio, TX | $8,384,288 | $2,734,307 |
Marcana Enterprises Inc El Paso, TX | $1,883,533 | $2,963,942 |
Transmit Receive Labs Inc Houston, TX | $1,236,102 | $2,595,127 |