HISPANIC AND IMMIGRANT CENTER OF ALABAMA

EIN: 631225764 501(c)(3) Community Improvement

BIRMINGHAM, AL

Total Revenue
$3,154,618
Total Expenses
$2,948,447
Total Assets
$2,490,942
Net Assets
$2,157,411
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
AL
Principal Officer
CARLOS E ALEMAN
Tax Period
2024-01-01 to 2024-12-31

HISPANIC INTEREST COALITION OF ALABAMA, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2018. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $300K, a strong 17% operating margin.

Mission

A NON-PROFIT, NONPARTISAN TAX-EXEMPT ORGANIZATION THAT IS A COMMUNITY DEVELOPEMENT ADVOCACY ORGANIZATION THAT CHAMPIONS ECONOMIC EQUALITY, CIVIC ENGAGEMENT, AND SOCIAL JUSTICE FOR LATINO AND IMMIGRANT FAMILIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,710,375
Program Service Revenue $84,495
Investment Income $77,191
Other Revenue $282,557
TOTAL REVENUE $3,154,618

Expense Breakdown

Grants Paid $54,125
Salaries & Benefits $2,151,282
Fundraising Expenses $362,755
Program Expenses $2,199,127
Other Expenses $743,040
TOTAL EXPENSES $2,948,447

Year-over-Year Comparison

2024 2023 Change
Revenue $3,154,618 $2,962,359 +0.1%
Expenses $2,948,447 $2,772,634 +0.1%
Net Income $206,171 $189,725 +0.1%
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

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Governance

Voting Members
26
Independent Members
26
Employees
28
Volunteers
N/A

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
$140,000
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS ALEMAN CHIEF EXECUTIVE OFFICER 040.00
Officer
$140,000 $0 $140,000
KARY WOLFE PAST CHAIR 001.00
Officer Director
$0 $0 $0
TIFFANY KAHLON CHAIR 001.00
Officer Director
$0 $0 $0
AMANDA LOPER SECRETARY 001.00
Officer Director
$0 $0 $0
BOB DICKERSON DIRECTOR 001.00
Director
$0 $0 $0
VANESSA VARGAS AT LARGE 001.00
Director
$0 $0 $0
CARLOS IZCARAY DIRECTOR 001.00
Director
$0 $0 $0
PAM COOK DIRECTOR 001.00
Director
$0 $0 $0
ROBERT RODRIGUEZ DIRECTOR 001.00
Director
$0 $0 $0
MARY ANDREWS CARLISLE DIRECTOR 001.00
Director
$0 $0 $0
MEREDITH CALHOUN DIRECTOR 001.00
Director
$0 $0 $0
BERTHA HIDALGO VICE CHAIR 001.00
Director
$0 $0 $0
BING EDWARDS DIRECTOR 001.00
Director
$0 $0 $0
IAN COOLEY DIRECTOR 001.00
Director
$0 $0 $0
DEIVID DELGADO DIRECTOR 001.00
Director
$0 $0 $0
MICHAEL EADY DIRECTOR 001.00
Director
$0 $0 $0
JAMES CASON TREASURER 001.00
Director
$0 $0 $0
MICHELE JENKINS UTOMI DIRECTOR 001.00
Director
$0 $0 $0
AARON LIMONTHAS DIRECTOR 001.00
Director
$0 $0 $0
DULCE RIVERA AT LARGE 001.00
Director
$0 $0 $0
DOYLE WILLIAMS DIRECTOR 001.00
Director
$0 $0 $0
AMANDA STOREY AT LARGE 001.00
Director
$0 $0 $0
BECKY CARPENTER DIRECTOR 001.00
Director
$0 $0 $0
ANDY HERNANDEZ DIRECTOR 001.00
Director
$0 $0 $0
JOSE MEDINA DIRECTOR 001.00
Director
$0 $0 $0
LOUIS MENDEZ DIRECTOR 001.00
Director
$0 $0 $0
RALPH WILLIAMS DIRECTOR 001.00
Director
$0 $0 $0
IAN COOLEY DIRECTOR 001.00
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 $3,154,618 $2,948,447 $2,490,942 $206,171
2023 $2,962,359 $2,772,634 $2,390,184 $189,725
2022 $2,402,903 $2,254,891 $2,000,605 $148,012
2021 $2,427,949 $2,363,380 $1,879,358 $64,569
2020 $2,507,616 $2,158,819 $2,092,104 $348,797
2019 $1,722,643 $1,750,908 $1,544,069 $-28,265
2018 $1,776,292 $1,476,727 $1,545,041 $299,565
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