Fresno Area Hispanic Foundation

Organization Overview

Fresno Area Hispanic Foundation is located in Fresno, CA. The organization was established in 2004. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Fresno Area Hispanic Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fresno Area Hispanic Foundation 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, Fresno Area Hispanic Foundation generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 17.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE EDUCATION AND SELF-SUFFICIENCY THROUGH ECONOMIC DEVELOPMENT THAT STRENGTHENS OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FRESNO AREA HISPANIC FOUNDATION HELD VARIOUS ACTIVITIES TO ENHANCE AND IMPROVE THE COMMUNITY AS A WHOLE THROUGH NETWORKING, EDUCATION, AWARENESS AND PROVIDING A SOURCE FOR THE COMMUNITY TO SUPPORT ACTIVITIES AND PROGRAMS THAT PROMOTE, BENEFIT AND FOSTER THE HISPANIC BUSINESS COMMUNITY AND THE COMMUNITY AS A WHOLE IN FRESNO, CA AND THE SURROUNDING AREAS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Dora Westerlund
President & CEO
$166,050
Yerania Olivares
COO
$103,781
Fausto Hinojosa
Treasurer
$0
Sandra Vicente
Chair
$0
Victor Olivares
Secretary
$0
Gerardo Hernandez
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$20,801
Fundraising events$0
Related organizations$0
Government grants $1,033,052
All other contributions, gifts, grants, and similar amounts not included above$2,095,034
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,148,887
Total Program Service Revenue$0
Investment income $16,998
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$130,509
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $1,500
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,036,876

Grants Awarded

Over the last fiscal year, Fresno Area Hispanic Foundation has awarded $100,000 in support to 10 organizations.

Grant RecipientAmount

COCINA SABOR LLC

PURPOSE: CARES Act Grant

$10,000

COSMOPOLITAN TAVERN

PURPOSE: CARES Act Grant

$10,000

ALVARADO ZARATE LLC

PURPOSE: CARES Act Grant

$10,000

AAI GROUP LLC

PURPOSE: CARES Act Grant

$10,000

BEST CUTS

PURPOSE: CARES Act Grant

$10,000

FULL CIRCLE BREWING CO

PURPOSE: CARES Act Grant

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Fresno Area Hispanic Foundation has recieved totaling $755,969.

Awarding OrganizationAmount
The California Wellness Foundation

Los Angeles, CA

PURPOSE: FOR CORE OPERATING SUPPORT TO IMPROVE THE ECONOMIC WELLBEING OF SAN JOAQUIN VALLEY ENTREPRENEURS, PARTICULARLY THOSE WHO ARE LOW-INCOME, FROM COMMUNITIES OF COLOR OR IN RURAL AREAS, THROUGH SMALL BUSINESS DEVELOPMENT SERVICES AND TRUSTWORTHY LOAN PRODUCTS.

$250,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$240,000
National Association For Latino Community Asset Builders

San Antonio, TX

PURPOSE: Small Business

$105,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$50,000
Eva Longoria Foundation

Santa Monica, CA

PURPOSE: TECHNICAL ASSISTANCE FOR LATINA ENTREPRENEURS

$40,000
James Irvine Foundation

San Francisco, CA

PURPOSE: FOR SUPPORT OF LATINO NONPROFITS

$25,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or