Medical Organization For Latino Advancement
- Assets
- $93.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmette, IL
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-1571454
Organization Overview
Medical Organization For Latino Advancement is located in Wilmette, IL. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Medical Organization For Latino Advancement 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, Medical Organization For Latino Advancement generated $185.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $110.5k during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ASSOCIATION OF HISPANIC/LATINO PHYSICIANS & HEALTHPROFESSIONALS WORKING FOR CAREER ADVANCEMENT, LINGUISTIC &CULTURAL COMPETENCY, PERSONAL WELLNESS, AND HEALTH EQUITY
ASSOCIATION OF HISPANIC/LATINO PHYSICIANS & HEALTHPROFESSIONALS WORKING FOR CAREER ADVANCEMENT, LINGUISTIC &CULTURAL COMPETENCY, PERSONAL WELLNESS, AND HEALTH EQUITY
ASSOCIATION OF HISPANIC/LATINO PHYSICIANS & HEALTHPROFESSIONALS WORKING FOR CAREER ADVANCEMENT, LINGUISTIC &CULTURAL COMPETENCY, PERSONAL WELLNESS, AND HEALTH EQUITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pilar Ortega Communications Secretary | 0 | $0 | |
Geraldine Luna Communications Secretary | 0 | $0 | |
Oscar Zambrano Vice President | 0 | $0 | |
Joaquin Estrada President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,792 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,719 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,511 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,945 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,509 |
| Total expenses | $110,454 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,343 |
| Other assets | $0 |
| Total assets | $93,343 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,343 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Medical Organization For Latino Advancement has recieved totaling $255,000.
| Awarding Organization | Amount |
|---|---|
Michael Reese Research And Education Foundation Chicago, IL PURPOSE: SCHOLARSHIPS FOR YOUNG LATINO MEN AND WOMEN IN THE HEALTHCARE ARENA | $255,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |