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Nonprofiteer
← LULAC INSTITUTE INC

Form 990 for tax year 2023

Filed by LULAC INSTITUTE INC.

Totals

Total revenue
$2,763,865
Total expenses
$4,918,390
Contributions and grants received
$1,178,239
Grants paid
$0
Program service revenue
$1,388,841
Investment income
$23,000
Other revenue
$173,785
Total assets, end of year
$4,350,539
Total liabilities, end of year
$975,244
Net assets or fund balances, end of year
$3,375,295
Program services expenses (Part IX)
$3,572,398
Management and general expenses
$1,288,130
Fundraising expenses
$57,862
Program service expenses (Part III)
$3,572,398

Program services were 72.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • LISA E SMITH

    CHIEF FINANCIAL OFFICER

    Total calculated
    $192,222
    From this org
    $140,387
    From related orgs
    $41,971
    Other
    $9,864
    Hours/week
    25 + 8 related

    Schedule J breakdown matched by us

    Base
    $140,387 + $41,971 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,864
    Nontaxable benefits
    not reported
    Filer's total
    $150,251 + $41,971 related
  • JUAN MIGUEL PROANO

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $107,264
    From this org
    $85,597
    From related orgs
    $21,667
    Other
    $0
    Hours/week
    40 + 8 related
  • DOMINGO GARCIA

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • SUMMER GONZALES

    TREASURER

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • GLORIA SASSER

    SECRETARY

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • JAMES FUKUDA

    NATIONAL VP FOR NORTHEAST

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • EULER TORRES

    NATIONAL VP FOR NORTHWEST

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • LYDIA MEDRANO

    NATIONAL VP SOUTHEAST

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • ROGER C ROCHA JR

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • REV EMMA LOZANO

    NATIONAL V.P. MIDWEST

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • JOSE BARRERA

    NATIONAL VP FARWEST

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • RAY MANCERA

    NATIONAL VP SOUTHWEST

    Total calculated
    $0
    Hours/week
    5 + 5 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

  • 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

The filer's explanations (Part III)

SCHEDULE J: PART I - LINE 3
THE COMPENSATION OF THE CFO IS DETERMINED BY AN EXECUTIVE COMMITTEE WHICH REVIEWS COMPENSATION OF SIMILAR NATIONAL ORGANIZATIONS WITH SIMILAR BUDGETS AND OF SIMILAR SIZE. BASED ON THIS ANALYSIS AND YEARS OF EXPERIENCE, A COMPENSATION PACKAGE IS DETERMINED.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
30 October 2024
IRS schema version
2023v5.1
Source object
202443209349322869

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