Arizona Latin-American Medical Association
- Assets
- $901.2k
- Revenue
- $176.8k
- Investments
- $832.0k
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 08/1994
- Data as of
- 12/2023
- EIN
- 86-0743958
Organization Overview
Arizona Latin-American Medical Association is located in Tempe, AZ. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Latin-American Medical Association 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 12/2023, Arizona Latin-American Medical Association generated $176.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $121.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVOCATE QUALITY (CULTURALLY COMPETENT) AFFORDABLE,ACCESSIBLE HEALTH CARE FOR ALL ARIZONA RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adolfo Echeveste President & CEO | 10 | $0 | |
Roberto Bonillas Chairman | 5 | $0 | |
Pedro Rodriguez Guggiari Vice President | 5 | $0 | |
Victor Salazar-Calderon Secretary | 5 | $0 | |
Claudia Vargas Treasurer | 5 | $0 | |
Carlos Cazares Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $63,808 |
| Interest on Savings | $137 |
| Dividends & Interest | $22,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,707 |
| Capital Gain Net Income | $3,707 |
| Net ST Capital Gain | $211 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $86,507 |
| Total Revenue | $176,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $32 |
| Taxes | $1 |
| Depreciation | $722 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,617 |
| Printing and publications | $0 |
| Other expenses | $86,681 |
| Total operating and administrative expenses | $114,503 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $121,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $68,105 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $832,003 |
| Net Land, buildings, and equipment | $1,084 |
| Other assets | $0 |
| Total assets | $901,192 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,984 |
| Total liabilities | $2,984 |