HISPANIC FEDERATION INC

EIN: 133573852 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$61,820,502
Total Expenses
$67,187,853
Total Assets
$60,581,394
Net Assets
$47,315,885
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
FRANKIE MIRANDA
Phone
2122338955
Tax Period
2024-01-01 to 2024-12-31

HISPANIC FEDERATION INC, founded in 1990, is a mid-sized nonprofit in the Community Improvement sector that reported $61.8M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

A SERVICE-ORIENTED MEMBERSHIP ORGANIZATION OF HEALTH AND HUMAN SERVICE AGENCIES DEDICATED TO ADDRESSING THE NEEDS OF HISPANIC-AMERICANS IN THE U.S.

Program Service Accomplishments

Program 1
Expenses: $47,487,302

THE HISPANIC FEDERATION, INC. (ORGANIZATION") WAS INCORPORATED UNDER THE LAWS OF THE STATE OF NEW YORK ON JULY 3, 1990, AS A NOT-FORPROFIT ORGANIZATION. THE ORGANIZATION IS THE NATION'S PREMIER...

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THE HISPANIC FEDERATION, INC. (ORGANIZATION") WAS INCORPORATED UNDER THE LAWS OF THE STATE OF NEW YORK ON JULY 3, 1990, AS A NOT-FORPROFIT ORGANIZATION. THE ORGANIZATION IS THE NATION'S PREMIER LATINO NONPROFIT MEMBERSHIP ORGANIZATION WITH OFFICES IN NEW YORK, WASHINGTON, D.C., CONNECTICUT, NORTH CAROLINA, FLORIDA, PUERTO RICO, ILLINOIS AND CALIFORNIA. THE ORGANIZATION UPLIFTS LATINO COMMUNITIES AND INSTITUTIONS THROUGH MILLIONS OF HISPANIC CHILDREN, YOUTH, AND FAMILIES LOCALLY AND NATIONALLY THROUGH FOUR ESSENTIAL SERVICE PILLARS: COMMUNITY ASSISTANCE PROGRAMS THAT SUPPORT AND UPLIFT LATINO FAMILIES AND COMMUNITIES WITH DIRECT SOCIAL SERVICES IN THE AREAS OF EDUCATION, IMMIGRATION, HEALTH CARE, ECONOMIC DEVELOPMENT, AND THE ENVIRONMENT. LAST YEAR, THE ORGANIZATION EXPANDED ITS DIGITAL EQUITY OFFERINGS, IMMIGRATION ASSISTANCE, FARM AND FOOD WORKERS RELIEF AID, EDUCATIONAL PROGRAMMING, AND HEALTH PREVENTION WORK TO SERVE A MUCH LARGER NUMBER OF WORKERS, YOUTH, NEW AMERICANS, AND FAMILIES ACROSS ITS GROWING FOOTPRINT IN 42 STATES AND TERRITORIES.

Program 2
Expenses: $1,676,747

TECHNICAL ASSISTANCE PROGRAMS DESIGNED TO HELP ITS NETWORK OF LATINO NONPROFIT MEMBER AGENCIES SUPPORT THEIR CORE OPERATIONAL AND INFRASTRUCTURAL NEEDS, INCLUDING BOARD GOVERNANCE, STAFF LEADERSHIP...

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TECHNICAL ASSISTANCE PROGRAMS DESIGNED TO HELP ITS NETWORK OF LATINO NONPROFIT MEMBER AGENCIES SUPPORT THEIR CORE OPERATIONAL AND INFRASTRUCTURAL NEEDS, INCLUDING BOARD GOVERNANCE, STAFF LEADERSHIP DEVELOPMENT, FUNDRAISING, FINANCIAL MANAGEMENT, STRATEGIC PLANNING, PROGRAM DEVELOPMENT AND OTHER CRITICAL AREAS.

Program 3
Expenses: $7,535,731

ORGANIZATIONAL DEVELOPMENT ASSISTANCE THAT FORTIFIES A NETWORK OF MORE THAN 750 LATINO FRONTLINE GRASSROOTS ORGANIZATIONS WITH EMERGENCY ASSISTANCE, PROGRAMMATIC, AND CAPACITY-BUILDING GRANTS THAT...

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ORGANIZATIONAL DEVELOPMENT ASSISTANCE THAT FORTIFIES A NETWORK OF MORE THAN 750 LATINO FRONTLINE GRASSROOTS ORGANIZATIONS WITH EMERGENCY ASSISTANCE, PROGRAMMATIC, AND CAPACITY-BUILDING GRANTS THAT HELP ITS NONPROFIT GRANTEES ADDRESS EMERGING AND GROWING COMMUNITY AND OPERATIONAL NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,304,796
Program Service Revenue $0
Investment Income $1,258,603
Other Revenue $257,103
TOTAL REVENUE $61,820,502

Expense Breakdown

Grants Paid $32,253,724
Salaries & Benefits $12,476,960
Fundraising Expenses $1,764,737
Program Expenses $60,568,554
Other Expenses $22,457,169
TOTAL EXPENSES $67,187,853

Year-over-Year Comparison

2024 2023 Change
Revenue $61,820,502 $67,915,333 -0.1%
Expenses $67,187,853 $61,640,559 +0.1%
Net Income $-5,367,351 $6,274,774 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
14
Employees
176
Volunteers
377

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$873,114
Total Directors
15
$405,336
Key Employees
1
$241,619
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frankie Miranda President 35.0
Officer Director
$359,788 $45,548 $405,336
Brent Wilkes SVP for Institutional Dev 35.0
Key Emp
$217,467 $24,152 $241,619
Doris Guzman Chief Financial Officer 35.0
Officer
$209,990 $29,405 $239,395
Jaslyn Jimenez Senior VP for Operations 35.0
Officer
$193,927 $34,456 $228,383
Jessica Guzman Mejia Senior VP Strategy & Impact 35.0
Highest
$173,121 $33,230 $206,351
Jessica Guttlein Senior VP Policy & Comm 35.0
Highest
$166,107 $33,178 $199,285
Stephen Calenzani Vice President for Development 35.0
Highest
$157,850 $20,810 $178,660
Julietta Lopez VP for Federal Advocacy 35.0
Highest
$139,560 $12,508 $152,068
Mario Colon VP for Special Initiatives 35.0
Highest
$126,784 $18,975 $145,759
Marcos Torres Chair 0.5
Officer Director
$0 $0 $0
Joan Steinberg Vice Chair 0.5
Officer Director
$0 $0 $0
Manuel Chinea Treasurer 0.5
Officer Director
$0 $0 $0
Hector Mujica Secretary 0.5
Officer Director
$0 $0 $0
Juan Otero Assistant Secretary 0.5
Officer Director
$0 $0 $0
Dean Aguillen Director 0.5
Director
$0 $0 $0
Joseph R Betancourt Director 0.5
Director
$0 $0 $0
Miguel Centeno Director 0.5
Director
$0 $0 $0
Julie Ann Crommett Director 0.5
Director
$0 $0 $0
Indrani Franchini Director 0.5
Director
$0 $0 $0
Margaret Lazo Director 0.5
Director
$0 $0 $0
Tom Montag Director 0.5
Director
$0 $0 $0
Carlos Santiago Director 0.5
Director
$0 $0 $0
Inez Stewart Director 0.5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $61,820,502 $67,187,853 $60,581,394 $-5,367,351
2023 $67,915,333 $61,640,559 $60,334,731 $6,274,774
2022 $37,032,621 $34,709,277 $47,745,174 $2,323,344
2021 $50,097,384 $35,143,736 $50,299,555 $14,953,648
2020 $37,917,734 $37,510,589 $32,885,689 $407,145
2019 $23,923,324 $22,216,913 $33,361,920 $1,706,411
2018 $29,703,986 $29,197,485 $35,330,301 $506,501
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