Skip to content
Nonprofiteer
← NATIONAL ASSN OF LATINO ELECTED OFFICIALS NALEO EDUCATION FUND

Form 990 for tax year 2023

Filed by NATIONAL ASSN OF LATINO ELECTED OFFICIALS NALEO EDUCATION FUND.

Totals

Total revenue
$10,369,067
Total expenses
$11,951,999
Contributions and grants received
$9,654,061
Grants paid
$796,342
Program service revenue
$395,950
Investment income
$276,711
Other revenue
$42,345
Total assets, end of year
$7,995,849
Total liabilities, end of year
$2,516,604
Net assets or fund balances, end of year
$5,479,245
Program services expenses (Part IX)
$8,661,352
Management and general expenses
$2,774,869
Fundraising expenses
$515,778
Program service expenses (Part III)
$8,661,352

Program services were 72.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $486,161

  • 1f · All other contributions, gifts and grants

    $9,167,900

  • 2a · Program service revenue: CONFERENCE REGISTRATION

    total $395,950 · related or exempt $395,950

  • 3 · Investment income

    total $276,711 · excluded $276,711

  • 11a · Other revenue: OTHER REVENUE

    total $42,345 · related or exempt $42,345

  • 11e · Other revenue, total

    $42,345

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $796,342 · program services $796,342

  • 5 · Compensation of officers, directors and key employees

    total $501,494 · program services $192,852 · management and general $292,112 · fundraising $16,530

  • 7 · Other salaries and wages

    total $5,309,685 · program services $3,861,872 · management and general $1,092,214 · fundraising $355,599

  • 8 · Pension plan contributions

    total $105,447 · program services $76,617 · management and general $22,263 · fundraising $6,567

  • 9 · Other employee benefits

    total $533,818 · program services $387,868 · management and general $112,704 · fundraising $33,246

  • 10 · Payroll taxes

    total $438,765 · program services $307,135 · management and general $105,304 · fundraising $26,326

  • 11g · Fees: other

    total $1,072,160 · program services $303,064 · management and general $766,298 · fundraising $2,798

  • 12 · Advertising and promotion

    total $87,375 · program services $87,375

  • 13 · Office expenses

    total $26,879 · program services $21,811 · management and general $5,046 · fundraising $22

  • 16 · Occupancy

    total $176,666 · program services $107,771 · management and general $58,417 · fundraising $10,478

  • 17 · Travel

    total $606,707 · program services $565,514 · management and general $31,030 · fundraising $10,163

  • 19 · Conferences, conventions and meetings

    total $1,547,341 · program services $1,492,759 · management and general $37,416 · fundraising $17,166

  • 22 · Depreciation, depletion and amortization

    total $24,115 · program services $16,663 · management and general $5,090 · fundraising $2,362

  • 23 · Insurance

    total $49,140 · program services $20,351 · management and general $23,703 · fundraising $5,086

  • 24a · Other expenses: EQUIPMENT

    total $355,552 · program services $293,016 · management and general $50,833 · fundraising $11,703

  • 24b · Other expenses: LEASES

    total $212,123 · program services $88,874 · management and general $106,536 · fundraising $16,713

  • 24c · Other expenses: SUBSCRIPTION

    total $40,356 · program services $13,307 · management and general $26,509 · fundraising $540

  • 24d · Other expenses: REPAIR & MAINTENTANCE

    total $33,115 · program services $782 · management and general $31,943 · fundraising $390

  • 24e · All other expenses

    total $34,919 · program services $27,379 · management and general $7,451 · fundraising $89

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,226,005 · end of year $1,034,345

  • 2 · Savings and temporary cash investments

    beginning of year $2,478,980 · end of year $935,558

  • 3 · Pledges and grants receivable

    beginning of year $1,460,245 · end of year $1,820,435

  • 4 · Accounts receivable

    beginning of year $899,969 · end of year $163,391

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,725 · end of year $79,310

  • 10a · Land, buildings and equipment: cost or other basis

    $636,814

  • 10b · Land, buildings and equipment: accumulated depreciation

    $626,712

  • 10c · Land, buildings and equipment, net

    beginning of year $34,217 · end of year $10,102

  • 11 · Investments: publicly traded securities

    beginning of year $2,168,356 · end of year $1,893,606

  • 15 · Other assets

    beginning of year $538,191 · end of year $2,059,102

  • 17 · Accounts payable and accrued expenses

    beginning of year $622,084 · end of year $512,413

  • 19 · Deferred revenue

    beginning of year $774,491

  • 25 · Other liabilities

    beginning of year $389,936 · end of year $2,004,191

  • 27 · Net assets without donor restrictions

    beginning of year $3,116,149 · end of year $1,891,153

  • 28 · Net assets with donor restrictions

    beginning of year $3,946,028 · end of year $3,588,092

Mission and programs · 2023

Mission

THE NALEO EDUCATION FUND IS THE LEADING NONPROFIT ORGANIZATION THAT FACILITATES FULL LATINO PARTICIPATION IN THE AMERICAN POLITICAL PROCESS, FROM CITIZENSHIP TO PUBLIC SERVICE.

Activities or mission (Part I)

FULL LATINO PARTICIPATION IN THE AMERICAN POLITICAL PROCESS, FROM CITIZENSHIP TO PUBLIC SERVICE.

  • CIVIC ENGAGEMENT: THIS PROGRAM SEEKS TO EDUCATE, MOBILIZE, AND INTEGRATE THE LATINO COMMUNITY IN THE DECISION MAKING PROCESS IN ORDER TO STRENGTHEN AMERICAN DEMOCRACY. WE ACHIEVE THIS THROUGH OUR NATURALIZATION, CIVIC INTEGRATION, AND VOTER EDUCATION AND MOBILIZATION PROGRAMS AT THE LOCAL COMMUNITY LEVEL.

    Expenses $3,239,502 · Grants $796,342 · Revenue $3,221,057

  • CONSTITUENCY SERVICES: THIS LATINO PROGRAM PROMOTES THE GOVERNANCE AND POLICYMAKING SUCCESS OF LATINO OFFICIALS THROUGH 8 INSTITURES HELD THROUGHOUT THE COUNTRY THAT FOCUS ON ENERGY, EMERGENCY PREPAREDNESS, SCHOOL GOVERNANCE, EARLY LEARNING, HIGHER EDUCATION AND NEWLY ELECTED OFFICIALS.

    Expenses $2,248,718 · Revenue $2,844,947

  • ANNUAL CONFERENCE - BRINGS TOGETHER POLITICAL, CIVIC, AND BUSINESS LEADERS TO ATTEND PRESENTATIONS AND WORKSHOPS ON PUBLIC POLICY ISSUES AFFECTING THE LATINO COMMUNITY AND IS SUPPORTED THROUGH CONFERENCE REGISTRATION FEES AND CORPORATE SPONSORSHIPS.

    Expenses $1,857,445 · Revenue $1,947,950

  • POLICY, RESEARCH AND ADVOCACY - PROVIDES A WIDE ARRAY OF PROFESSIONAL AND LEADERSHIP DEVELOPMENT PROGRAMS FOR LATINO ELECTED AND APPOINTED OFFICIALS. THE NALEO POLICY INSTITUTE PROVIDES KEY TRAINING AND TECHNICAL ASSISTANCE ON A SPECTRUM OF HIGH-PRIORITY LATINO ISSUES, AND THE SUMMITS BRING TOGETHER ELECTED OFFICIALS FROM ACROSS THE UNITED STATES TO ADDRESS TOPICS IN EDUCATION, HEALTH AND GOVERNANCE.

    Expenses $1,315,687 · Revenue $501,779

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MARA CANDELARIA REARDON

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RICK R OLIVAREZ

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE MANCIAS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • LUBBY NAVARRO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DIEGO ESPINOZA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BONNIE GARCIA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY GONZALEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RICARDO LARA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALEJANDRA SOTELO-SOLIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CARLOS E TOBON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LUIS ROSERO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PEGGY MULLER-ARAGON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAULINE MEDRANO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RUBEN BARRALES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EMILIO GONZALEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PEP VALDES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ARTURO VARGAS

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $275,505
    From this org
    $245,900
    From related orgs
    $0
    Other
    $29,605
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $245,900
    Bonus
    $0
    Other
    $0
    Deferred
    $4,883
    Nontaxable benefits
    $24,722
    Filer's total
    $275,505

  • ERICA BERNAL-MARTINEZ

    CHIEF OPERATING OFFICER

    Total calculated
    $225,991
    From this org
    $201,706
    From related orgs
    $0
    Other
    $24,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,706
    Bonus
    $0
    Other
    $0
    Deferred
    $4,006
    Nontaxable benefits
    $20,279
    Filer's total
    $225,991

  • ROSALIND GOLD

    CHIEF PUBLIC POLICY OFFICE

    Total calculated
    $201,815
    From this org
    $201,815
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,815
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $201,815

  • JUAN C VARGAS

    CHIEF FINANCIAL OFFICER

    Total calculated
    $202,805
    From this org
    $202,805
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,805
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $202,805

  • AMANDA N BOSQUEZ

    EMPLOYEE

    Total calculated
    $169,938
    From this org
    $169,938
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,938
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $169,938

  • ANGELA WEIMER

    EMPLOYEE

    Total calculated
    $148,123
    From this org
    $148,123
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JUAN I ROSA

    EMPLOYEE

    Total calculated
    $144,200
    From this org
    $144,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JOSE R CARRILLO

    EMPLOYEE

    Total calculated
    $123,869
    From this org
    $123,869
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • ROSITA RAMIREZ

    EMPLOYEE

    Total calculated
    $140,263
    From this org
    $140,263
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • MARIO BEOVIDES

    EMPLOYEE

    Total calculated
    $133,900
    From this org
    $133,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • AZALEA M CANDELARIA

    FORMER DIRECTOR

    Total calculated
    $102,389
    From this org
    $102,389
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $102,389
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $102,389

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
9 July 2024
IRS schema version
2023v5.1
Source object
202431919349301133

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.