LA COLABORATIVA INC

EIN: 222906521 501(c)(3) Human Services

CHELSEA, MA

Total Revenue
$27,893,708
Total Expenses
$22,808,247
Total Assets
$28,028,589
Net Assets
$22,824,682
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MA
Principal Officer
ROSALBA MEDINA
Phone
6178896080
Tax Period
2024-07-01 to 2025-06-30

LA COLABORATIVA INC, founded in 1988, is a mid-sized nonprofit in the Human Services sector that reported $27.9M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.1M, a strong 18% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO EMPOWER LATINX IMMIGRANTS TO ENHANCE THE SOCIAL AND ECONOMIC HEALTH OF OUR COMMUNITY AND PEOPLE; AND TO HOLD INSTITUTIONAL DECISION MAKERS ACCOUNTABLE TO THE COMMUNITIES THEY SERVE. IN THE COMMUNITIES, OF CHELSEA, EVERETT, REVERE AND EAST BOSTON.

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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 $26,843,028
Program Service Revenue $810,000
Investment Income $185,803
Other Revenue $54,877
TOTAL REVENUE $27,893,708

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,006,537
Fundraising Expenses $791,580
Program Expenses $20,238,820
Other Expenses $10,801,710
TOTAL EXPENSES $22,808,247

Year-over-Year Comparison

2024 2023 Change
Revenue $27,893,708 $17,345,761 +0.6%
Expenses $22,808,247 $10,975,932 +1.1%
Net Income $5,085,461 $6,369,829 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
198
Volunteers
201

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
4
$0
Total Directors
8
$0
Key Employees
2
$521,144
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSALBA MEDINA PRESIDENT 1.00
Officer Director
$0 $0 $0
LEE STAPLES TREASURER 1.00
Officer Director
$0 $0 $0
CAROL RESNEK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MAGALY VALENTIN CLERK 1.00
Officer Director
$0 $0 $0
STACEY PICHARDO DIRECTOR 1.00
Director
$0 $0 $0
ELLEN ROVNER DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH BETANCOURT PRESIDENT 1.00
Director
$0 $0 $0
ANTHONY QUILES VICE PRESIDENT 1.00
Director
$0 $0 $0
GLADYS VEGA EXECUTIVE DIRECTOR 40.00
Key Emp
$266,149 $0 $266,149
DINANYILI PAULINO CHIEF OPERATING OFFICER 40.00
Key Emp
$254,995 $0 $254,995
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 $27,893,708 $22,808,247 $28,028,589 $5,085,461
2024 $17,345,761 $10,975,932 $23,995,285 $6,369,829
2023 $7,400,286 $4,994,509 $16,810,572 $2,405,777
2022 $7,863,723 $4,701,610 $14,182,540 $3,162,113
2021 $6,228,084 $3,635,841 $5,906,757 $2,592,243
2020 $4,467,842 $1,699,537 $3,308,185 $2,768,305
2019 $1,169,850 $1,290,564 $315,105 $-120,714
2018 $1,311,198 $1,476,293 $462,067 $-165,095
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