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Nonprofiteer
← UNIDOS INVESTMENT FUND INC

Form 990 for tax year 2022

Filed by UNIDOS INVESTMENT FUND INC.

Totals

Total revenue
$6,163,835
Total expenses
$267,374
Contributions and grants received
$5,000,000
Grants paid
$0
Program service revenue
$0
Investment income
$1,163,835
Other revenue
$0
Total assets, end of year
$51,751,633
Total liabilities, end of year
$38,985,921
Net assets or fund balances, end of year
$12,765,712
Program services expenses (Part IX)
$0
Management and general expenses
$267,374
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1f · All other contributions, gifts and grants

    $5,000,000

  • 3 · Investment income

    total $1,600,879 · excluded $1,600,879

  • 7a · Gross sales of assets other than inventory

    securities $7,620,371

  • 7b · Less cost or other basis and sales expenses

    securities $8,057,415

  • 7c · Gain or loss

    securities -$437,044

  • 7d · Net gain or loss

    total -$437,044 · excluded -$437,044

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $13,792 · management and general $13,792

  • 8 · Pension plan contributions

    total $797 · management and general $797

  • 9 · Other employee benefits

    total $2,066 · management and general $2,066

  • 10 · Payroll taxes

    total $1,066 · management and general $1,066

  • 11c · Fees: accounting

    total $3,623 · management and general $3,623

  • 11f · Fees: investment management

    total $241,077 · management and general $241,077

  • 11g · Fees: other

    total $20 · management and general $20

  • 13 · Office expenses

    total $182 · management and general $182

  • 14 · Information technology

    total $1,189 · management and general $1,189

  • 16 · Occupancy

    total $728 · management and general $728

  • 19 · Conferences, conventions and meetings

    total $129 · management and general $129

  • 23 · Insurance

    total $28 · management and general $28

  • 24a · Other expenses: EQUIPMENT RENTAL AND MA

    total $588 · management and general $588

  • 24e · All other expenses

    total $2,089 · management and general $2,089

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $666,138 · end of year $865,708

  • 7 · Other notes and loans receivable

    beginning of year $11,309,385 · end of year $11,653,371

  • 11 · Investments: publicly traded securities

    beginning of year $15,040,473 · end of year $16,459,389

  • 12 · Investments: other securities

    beginning of year $14,980,763 · end of year $22,773,165

  • 25 · Other liabilities

    beginning of year $38,959,623 · end of year $38,985,921

  • 27 · Net assets without donor restrictions

    beginning of year $3,037,136 · end of year $12,765,712

Mission and programs · 2022

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

NONPROFIT ORGANIZATION ESTABLISHED TO SUPPORT THE CHARITABLE INITIATIVES OF UNIDOSUS.

  • GRANTS TO UNIDOSUS IN SUPPORT OF UNIDOSUS GENERAL OPERATIONS AND STRATEGIC PROGRAM ACTIVITIES.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Janet Murguia

    BOARD MEMBER

    Total calculated
    $708,594
    From this org
    $0
    From related orgs
    $649,453
    Other
    $59,141
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $565,396 related
    Bonus
    $0 + $67,899 related
    Other
    $0 + $16,158 related
    Deferred
    $0 + $43,548 related
    Nontaxable benefits
    $0 + $15,593 related
    Filer's total
    $0 + $708,594 related

  • Darcy Eischens

    BOARD MEMBER

    Total calculated
    $225,275
    From this org
    $0
    From related orgs
    $199,502
    Other
    $25,773
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,818 related
    Bonus
    $0 + $7,000 related
    Other
    $0 + $3,684 related
    Deferred
    $0 + $13,994 related
    Nontaxable benefits
    $0 + $11,779 related
    Filer's total
    $0 + $225,275 related

  • Ken Trujillo

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ernest Ortega

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Esquivel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kevin Smith

    EXECUTIVE DIRECTOR (BEG 1/27/23)

    Total calculated
    $0
    Hours/week
    5 + 40 related

  • Holly Blanchard

    FORMER ED/BOARD MEMBER (THRU 8/12/22)

    Total calculated
    $313,061
    From this org
    $36,018
    From related orgs
    $252,123
    Other
    $24,920
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $33,300 + $233,100 related
    Bonus
    $2,500 + $17,500 related
    Other
    $218 + $1,523 related
    Deferred
    $2,603 + $18,222 related
    Nontaxable benefits
    $512 + $3,583 related
    Filer's total
    $39,133 + $273,928 related

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

None.

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

The filer's explanations (Part III)

PART I, LINE 3:
UNIDOS INVESTMENT FUND, INC RELIES ON UNIDOSUS, A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT & CEO. UNIDOSUS USES A COMPENSATION SURVEY OR STUDY, THE APPROVAL BY A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, AND BOARD APPROVAL.

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

No itemized grants to organizations on this return.

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.

  • UNIDOSUS

    501(C)(3) · WORKS TO IMPROVE OPPORTUNITIES FOR HISPANIC AMERICANS · AZ

  • RAZA DEVELOPMENT FUND INC

    501(C)(3) · COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION · AZ

    Directly controlled by UNIDOSUS

Provenance

Return type
form_990
Tax year
2022
Filed
12 August 2024
IRS schema version
2022v5.0
Source object
202412269349301106

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