HISPANIC PROFESSIONALS OF GREATER MILWAUKEE INC

EIN: 900098434 501(c)(3) Community Improvement

MILWAUKEE, WI

Total Revenue
$670,650
Total Expenses
$794,913
Total Assets
$737,423
Net Assets
$424,819
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WI
Principal Officer
FRANCESCA MAYCA WEGNER
Phone
4142234611
Tax Period
2024-01-01 to 2024-12-31

HISPANIC PROFESSIONALS OF GREATER MILWAUKEE INC, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $671K in total revenue in fiscal year 2024. Expenses of $795K exceeded revenue, resulting in a 19% operating deficit.

Mission

OUR MISSION IS TO CREATE A DYNAMIC ENVIRONMENT FOR HISPANIC PROFESSIONALS TO THRIVE BY FOSTERING LEADERSHIP, MENTORING, EDUCATION, NETWORKING, AND NEW INITIATIVES THAT SUPPORT HISPANICS AND HISPANIC BUSINESSES.

Program Service Accomplishments

Program 1
Expenses: $317,046 Revenue: $197,218

HPGM PROMOTES HISPANIC ADVANCEMENT IN THE MILWAUKEE AREA BY CONNECTING AND UNITING HISPANIC PROFESSIONALS, STUDENTS AND THE COMMUNITY WITH RICH HERITAGE, STRONG LEADERSHIP, AND IMPACTFUL INITIATIVES...

Read more

HPGM PROMOTES HISPANIC ADVANCEMENT IN THE MILWAUKEE AREA BY CONNECTING AND UNITING HISPANIC PROFESSIONALS, STUDENTS AND THE COMMUNITY WITH RICH HERITAGE, STRONG LEADERSHIP, AND IMPACTFUL INITIATIVES. HPGM SERVES MORE THAN 2,200 STUDENTS AND PROFESSIONALS ANNUALLY BY PROVIDING ACCESS TO JOBS AND INTERNSHIPS, SCHOLARSHIPS, LEADERSHIP DEVELOPMENT, AND MENTORING OPPORTUNITIES. WE WORK WITH 36 CORPORATIONS, 8 INSTITUTIONS OF HIGHER EDUCATION, AND MORE THAN 50 COMMUNITY PARTNERS TO BREAK DOWN BARRIERS AND EMPOWER DIVERSE LEADERS.

Program 2
Expenses: $50,000 Revenue: $0

THE HPGM SCHOLARSHIP PROGRAM WAS CREATED TO ADDRESS THE ADDITIONAL FINANCIAL BARRIERS THAT MANY HISPANIC AND LATINO STUDENTS FACE IN THE PURSUIT OF POST-SECONDARY EDUCATION OR TRAINING. THE...

Read more

THE HPGM SCHOLARSHIP PROGRAM WAS CREATED TO ADDRESS THE ADDITIONAL FINANCIAL BARRIERS THAT MANY HISPANIC AND LATINO STUDENTS FACE IN THE PURSUIT OF POST-SECONDARY EDUCATION OR TRAINING. THE SCHOLARSHIP PROGRAM STRIVES TO SUPPORT THE EDUCATION, RETENTION, AND GRADUATION OF LATINO AND HISPANIC STUDENTS. THE SCHOLARSHIP IS OPEN TO STUDENTS PURSUING TWO-YEAR, UNDERGRADUATE, AND ADVANCED DEGREES IN WISCONSIN.EVERY YEAR, OUR HIGHER EDUCATION PARTNERS AND SCHOLARSHIP SPONSORS DEMONSTRATE THEIR COMMITMENT TO LATINO STUDENTS BY MATCHING SCHOLARSHIP FUNDS 1:1. IN PARTNERSHIP WITH SIX MILWAUKEE-AREA INSTITUTIONS, WHO MATCH HPGM DESIGNATED SCHOLARSHIP FUNDS, APPROXIMATELY 15 SCHOLARSHIPS ARE AWARDED AT THE CONCLUSION OF THE SPRING SEMESTER.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $516,628
Program Service Revenue $197,218
Investment Income $3,441
Other Revenue $-46,637
TOTAL REVENUE $670,650

Expense Breakdown

Grants Paid $53,365
Salaries & Benefits $363,433
Fundraising Expenses $86,773
Program Expenses $367,046
Other Expenses $378,115
TOTAL EXPENSES $794,913

Year-over-Year Comparison

2024 2023 Change
Revenue $670,650 $623,201 +0.1%
Expenses $794,913 $773,670 +0.0%
Net Income $-124,263 $-150,469 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
6
Volunteers
50

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
5
$124,333
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESUS GONZALEZ CHAIR 1.00
Officer Director
$0 $0 $0
BRENDA BEST VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER SCHREIBER SECRETARY 1.00
Officer Director
$0 $0 $0
CLIFTON DAVIS TREASURER 1.00
Officer Director
$0 $0 $0
OMAR VELAOCHAGA DIRECTOR 1.00
Director
$0 $0 $0
ALVARO ARAQUE DIRECTOR 1.00
Director
$0 $0 $0
GENARO BAEZ DIRECTOR 1.00
Director
$0 $0 $0
MICAH CRAWFORD DIRECTOR 1.00
Director
$0 $0 $0
SANDI ESQUIVEL DIRECTOR 1.00
Director
$0 $0 $0
GUILLERMO GUTIERREZ DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO MALDONADO DIRECTOR 1.00
Director
$0 $0 $0
EDGAR MAYORGA DIRECTOR 1.00
Director
$0 $0 $0
MARCELIA NICHOLSON DIRECTOR 1.00
Director
$0 $0 $0
KRISTINA ROPELLA DIRECTOR 1.00
Director
$0 $0 $0
JOSE SAENZ DIRECTOR 1.00
Director
$0 $0 $0
MARCOS VEGA DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN WAGNER DIRECTOR 1.00
Director
$0 $0 $0
FRANCESCA MAYCA WEGNER PRESIDENT & CHIEF POSS. OFFICER 40.00
Officer
$119,038 $5,295 $124,333
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 $670,650 $794,913 $737,423 $-124,263
2023 $623,201 $773,670 $696,358 $-150,469
2022 $1,024,248 $603,633 $831,873 $420,615
2021 $432,387 $400,769 $329,645 $31,618
2020 $450,986 $405,169 $353,177 $45,817
2019 $563,695 $583,091 $303,716 $-19,396
2018 $582,146 $688,802 $288,093 $-106,656
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HISPANIC PROFESSIONALS OF GREATER MILWAUKEE INC with other nonprofits in Wisconsin and across the country.