HISPANIC FAMILY CENTER OF SOUTHERN NEW JERSEY INC

EIN: 222126370 501(c)(3) Human Services

CAMDEN, NJ

Total Revenue
$4,180,164
Total Expenses
$4,456,041
Total Assets
$3,457,989
Net Assets
$2,513,628
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NJ
Principal Officer
MICHEL ACEVEDO
Phone
8565416985
Tax Period
2024-01-01 to 2024-12-31

HISPANIC FAMILY CENTER OF SOUTHERN NEW JERSEY INC, founded in 1976, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2024.

Mission

SOCIAL SERVICES AND ADVOCACY - THE HISPANIC FAMILY CENTER'S MISSION IS TO PROVIDE THE COMMUNITY WITH A BROAD RANGE OF CULTURALLY RELEVANT SOCIAL SERVICES AND ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $4,127,786 Revenue: $4,180,164

The Hispanic Family Center of Southern NJ (HFC) serves approximately 10,000 individuals each year with a cadre of bilingual health and social services programs provided by multicultural staff across...

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The Hispanic Family Center of Southern NJ (HFC) serves approximately 10,000 individuals each year with a cadre of bilingual health and social services programs provided by multicultural staff across multiple NJ counties. The Family Counseling Clinic offers members of the community access to therapeutic services and health education delivered by clinicians, therapists, and counselors who are specifically trained to work with individuals who have mental illness or substance use disorders, in addition to youth substance use prevention services, pediatric asthma interventions and risk-reduction case management, and health navigation. The Family Resource Center unit offers a robust array of services designed to empower individuals and promote and encourage self-sufficiency. This is achieved through a variety of services including: comprehensive counseling and supportive services for survivors of domestic violence and/or sexual assault; workforce-development services including: English as Second Language/Civics; job placement and training programs; a CARE program that provides education to the most vulnerable workers (i.e. low-income, immigrant, refugee, veteran, and youth workers) to increase awareness of and equitable access to the rights and benefits they are entitled to employees of NJ businesses; and Women in IT, a specialized certificate program that prepares survivors of domestic and sexual violence to achieve an industry recognized credential in the Information Technology field in an effort to create opportunities for life-long careers that help build a pathway to earning higher wages, job stability and empowerment; heating/cooling energy assistance; and family-focused services within two Family Success Centers that are embedded in the community to serve as a welcoming, home-like setting that reflects its community, engages its residents and offers direct services, activities and resources that promote family well-being and empowerment.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,000,188
Program Service Revenue $1,117,015
Investment Income $58,367
Other Revenue $4,594
TOTAL REVENUE $4,180,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,524,089
Fundraising Expenses $0
Program Expenses $4,127,786
Other Expenses $1,931,952
TOTAL EXPENSES $4,456,041

Year-over-Year Comparison

2024 2023 Change
Revenue $4,180,164 $4,050,737 +0.0%
Expenses $4,456,041 $4,636,840 0.0%
Net Income $-275,877 $-586,103 -0.5%
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
6
Independent Members
N/A
Employees
54
Volunteers
12

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
2
$219,873
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ACEVEDO FORMER CEO 40.00
Officer
$121,850 $0 $121,850
TODD SILVERSTEIN FINANCE DIRECTO 40.00
Officer
$98,023 $0 $98,023
BRITTANY HARRIS MEMBER 0.00
Director
$0 $0 $0
ALEX FARJARDO MEMBER 0.00
Director
$0 $0 $0
GLORIA LAU MEMBER 0.00
Director
$0 $0 $0
LORI DELGADO Vice President 0.00
Director
$0 $0 $0
AMARITA MOHANTY MEMBER 0.00
Director
$0 $0 $0
ANN BAGCHI President 0.00
Director
$0 $0 $0
NOEL RAMIREZ MEMBER 0.00
Director
$0 $0 $0
DERRICK TARVER Treasurer 0.00
Director
$0 $0 $0
INGRID RHETTO Secretary 0.00
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
2024 $4,180,164 $4,456,041 $3,457,989 $-275,877
2023 $4,072,428 $4,657,887 $3,725,609 $-585,459
2023 $4,050,737 $4,636,840 $3,774,741 $-586,103
2022 $3,373,824 $3,770,805 $4,167,690 $-396,981
2022 $3,229,473 $3,819,064 $4,057,723 $-589,591
2021 $3,619,884 $3,795,630 $4,604,655 $-175,746
2021 $3,604,528 $3,780,274 $4,604,655 $-175,746
2020 $3,527,697 $3,424,381 $5,456,008 $103,316
2019 $3,554,850 $3,394,241 $5,052,383 $160,609
2018 $3,226,708 $3,145,848 $5,013,422 $80,860
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