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← LATINO POLICY FORUM

Form 990 for tax year 2024

Filed by LATINO POLICY FORUM.

Totals

Total revenue
$5,927,162
Total expenses
$4,054,811
Contributions and grants received
$5,735,039
Grants paid
$0
Program service revenue
$26,450
Investment income
$208,295
Other revenue
-$42,622
Total assets, end of year
$8,217,172
Total liabilities, end of year
$1,449,690
Net assets or fund balances, end of year
$6,767,482
Program services expenses (Part IX)
$2,604,466
Management and general expenses
$973,112
Fundraising expenses
$477,233
Program service expenses (Part III)
$2,604,466

Program services were 64.2% 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.

  • 1c · Fundraising events

    $224,633

  • 1f · All other contributions, gifts and grants

    $5,510,406

  • 2a · Program service revenue: FEES FOR SERVICES

    total $26,450 · related or exempt $26,450

  • 3 · Investment income

    total $208,295 · excluded $208,295

  • 8a · Fundraising events: gross income

    $43,780

  • 8a · Fundraising events: contributions included on line 1c

    $224,633

  • 8b · Fundraising events: direct expenses

    $91,657

  • 8c · Net income from fundraising events

    total -$47,877 · excluded -$47,877

  • 11a · Other revenue: MISCELLANEOUS

    total $5,255 · related or exempt $5,255

  • 11e · Other revenue, total

    $5,255

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $388,084 · program services $124,100 · management and general $222,617 · fundraising $41,367

  • 7 · Other salaries and wages

    total $1,398,385 · program services $1,108,542 · management and general $114,414 · fundraising $175,429

  • 8 · Pension plan contributions

    total $32,254 · program services $20,755 · management and general $11,499

  • 9 · Other employee benefits

    total $188,374 · program services $97,494 · management and general $61,406 · fundraising $29,474

  • 10 · Payroll taxes

    total $120,098 · program services $83,831 · management and general $15,924 · fundraising $20,343

  • 11c · Fees: accounting

    total $92,386 · program services $5,100 · management and general $85,943 · fundraising $1,343

  • 11g · Fees: other

    total $1,134,140 · program services $678,000 · management and general $279,173 · fundraising $176,967

  • 13 · Office expenses

    total $91,483 · program services $52,894 · management and general $33,848 · fundraising $4,741

  • 16 · Occupancy

    total $110,984 · program services $73,717 · management and general $17,676 · fundraising $19,591

  • 17 · Travel

    total $34,831 · program services $23,914 · management and general $10,694 · fundraising $223

  • 19 · Conferences, conventions and meetings

    total $141,638 · program services $93,914 · management and general $47,724

  • 22 · Depreciation, depletion and amortization

    total $7,726 · program services $5,254 · management and general $1,089 · fundraising $1,383

  • 24a · Other expenses: GRANTS AND DONATIONS

    total $184,243 · program services $184,243

  • 24b · Other expenses: SUBSCRIPTIONS AND PUBLI

    total $76,228 · program services $35,575 · management and general $38,331 · fundraising $2,322

  • 24c · Other expenses: MISCELLANEOUS

    total $41,362 · program services $17,133 · management and general $20,179 · fundraising $4,050

  • 24d · Other expenses: BANK FEES

    total $12,595 · management and general $12,595

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $328,364 · end of year $354,397

  • 2 · Savings and temporary cash investments

    beginning of year $412,442 · end of year $49,055

  • 3 · Pledges and grants receivable

    beginning of year $530,000 · end of year $1,764,200

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,353 · end of year $10,649

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

    $58,239

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

    $42,928

  • 10c · Land, buildings and equipment, net

    beginning of year $13,274 · end of year $15,311

  • 11 · Investments: publicly traded securities

    beginning of year $4,016,104 · end of year $5,481,274

  • 15 · Other assets

    beginning of year $9,500 · end of year $542,286

  • 17 · Accounts payable and accrued expenses

    beginning of year $87,617 · end of year $454,690

  • 18 · Grants payable

    end of year $50,000

  • 25 · Other liabilities

    beginning of year $367,432 · end of year $945,000

  • 27 · Net assets without donor restrictions

    beginning of year $3,526,379 · end of year $4,705,232

  • 28 · Net assets with donor restrictions

    beginning of year $1,342,609 · end of year $2,062,250

Mission and programs · 2024

Mission

TO BUILD THE POWER, INFLUENCE AND LEADERSHIP OF THE LATINO COMMUNITY THROUGH COLLECTIVE ACTION TO TRANSFORM PUBLIC POLICIES THAT ENSURE THE WELL BEING OF OUR COMMUNITY AND SOCIETY AS A WHOLE.

Activities or mission (Part I)

TO PROMOTE AND ADVOCATE FOR EQUITABLE PARTICIPATION AND ACCESS IN HOUSING AND OTHER PRIORITY AREAS FOR LATINOS IN THE CHICAGO METROPOLITAN REGION BY EFFECTING CHANGE IN PUBLIC AND PRIVATE POLICIES AND PRACTICES.

  • EARLY CHILDHOOD EDUCATION - CLOSE THE EDUCATIONAL GAP OF LATINO CHILDREN BY PROMOTING POLICIES THAT IMPROVE ACCESS TO AND THE QUALITY OF EARLY CHILDHOOD EDUCATION PROGRAMS.

    Expenses $1,157,464

  • STRENGTHEN COMMUNITY AND MULTICULTURAL LEADERSHIP ACADEMY - SEEKS TO PROMOTE UNDERSTANDING AMONG AND BETWEEN LATINO AND NON-LATINO COMMUNITIES TO STRENGTHEN ALLIANCES AND FURTHER A COMMON AGENDA. THROUGH THIS WORK, THE FORUM AIMS TO STRENGTHEN LATINO LED ORGANIZATIONS; INCREASE SOCIAL SERVICE PROVISION TO LATINOS IN THE SUBURBS; AND DEVELOP A NETWORK OF EFFECTIVE LATINO LED/SERVING NONPROFITS IN THE CHICAGO REGION. THE FORUM COLLABORATES WITH VARIOUS PARTNERS TO EXECUTE THIS STRATEGY.

    Expenses $1,162,735 · Revenue $31,705

  • LATINO POLICY FORUM IS ACTING AS A FISCAL SPONSOR FOR IL UNIDOS, A CONSORTIUM OF OVER 70 LATINO ELECTED AND APPOINTED OFFICIALS, HEALTH PROFESSIONALS AND REPRESENTATIVES OF COMMUNITY-BASED ORGANIZATIONS WHOSE PURPOSE IS TO HIGHLIGHT AND ADDRESS THE CRITICAL NEED TO STOP THE COVID-19 CRISIS THAT IS DISPROPORTIONATLEY IMPACTED LATINOS IN ILLINOIS.

    Expenses $284,267

As filed on the 2024 return.

Listed in Part VII

  • EDGAR RAMIREZ

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • DOROTHY ABREU

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • JUAN CARLOS LINARES

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • DANIEL CHAVEZ

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • GLORIA TREJO

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • AMALIA RIOJA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ERIC LUGO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN BETANCUR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOSE GUTIERREZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LARITZA LOPEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARIA S DOUGHTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARICELA GARCIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT CABANELAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SYLVIA PUENTE

    PRESIDENT/CEO

    Total calculated
    $388,083
    From this org
    $189,581
    From related orgs
    $0
    Other
    $198,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,581
    Bonus
    $0
    Other
    $0
    Deferred
    $189,484
    Nontaxable benefits
    $9,018
    Filer's total
    $388,083
  • JENNIFER C JUAREZ

    DIRECTOR OF HIGHER EDUCATION POLICY

    Total calculated
    $112,044
    From this org
    $103,405
    From related orgs
    $0
    Other
    $8,639
    Hours/week
    40
  • JOSE MARCO-PAREDES

    VICE PRESIDENT OF CIVIC ENGAGEMENT

    Total calculated
    $111,498
    From this org
    $111,498
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • REBECCA VONDERLACK NAVARRO

    VICE PRESIDENT OF EDUCATION POLICY & RESEARCH

    Total calculated
    $144,088
    From this org
    $119,040
    From related orgs
    $0
    Other
    $25,048
    Hours/week
    40

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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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 4B
SYLVIA PUENTE IS A PARTICIPANT IN A NONQUALIFIED RETIREMENT PLAN UNDER SECTION 457. MARICELA GARCIA IS ALSO A PARTICIPANT IN A NONQUALIFIED RETIREMENT PLAN UNDER SECTION 457 FOR PAST SERVICE AS THE ORGANIZATION'S EXECUTIVE DIRECTOR AND PRESIDENT/CEO.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
30 October 2025
IRS schema version
2024v5.2
Source object
202513169349304011

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