Totals
- Total revenue
- $2,247,118
- Total expenses
- $2,237,383
- Contributions and grants received
- $2,247,078
- Grants paid
- $113,700
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $40
- Total assets, end of year
- $687,920
- Total liabilities, end of year
- $30,900
- Net assets or fund balances, end of year
- $657,020
- Program services expenses (Part IX)
- $2,016,525
- Management and general expenses
- $220,858
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,016,525
Program services were 90.1% 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
$2,247,078
-
11a · Other revenue: OTHER INCOME
total $40 · excluded $40
-
11e · Other revenue, total
$40
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $14,950 · program services $14,950
-
2 · Grants to domestic individuals
total $98,750 · program services $98,750
-
5 · Compensation of officers, directors and key employees
total $97,553 · management and general $97,553
-
7 · Other salaries and wages
total $68,517 · management and general $68,517
-
11c · Fees: accounting
total $25,700 · management and general $25,700
-
12 · Advertising and promotion
total $19,726 · program services $19,726
-
13 · Office expenses
total $11,439 · management and general $11,439
-
14 · Information technology
total $106,468 · program services $106,468
-
16 · Occupancy
total $8,651 · management and general $8,651
-
17 · Travel
total $58,837 · program services $58,837
-
19 · Conferences, conventions and meetings
total $1,717,794 · program services $1,717,794
-
23 · Insurance
total $8,998 · management and general $8,998
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $538,240 · end of year $417,588
-
9 · Prepaid expenses and deferred charges
beginning of year $11,782 · end of year $20,332
-
15 · Other assets
beginning of year $250,000 · end of year $250,000
-
17 · Accounts payable and accrued expenses
beginning of year $152,737 · end of year $30,900
-
27 · Net assets without donor restrictions
beginning of year $647,285 · end of year $657,020
Mission and programs · 2024
Mission
SOMOS, INC. IS A NONPARTISAN NONPROFIT 501(C)(3) ORGANIZATION COMMITTED TO ADDRESSING THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK STATE.
-
OUR CONFERENCES, HELD TWICE YEARLY, SERVE AS A PLATFORM FOR LEGISLATORS, SCHOLARS, BUSINESSES, AND LABOR LEADERS TO ADDRESS VARIOUS CONCERNS PERTINENT TO THIS COMMUNITY. THOUGHT-PROVOKING WORKSHOPS ARE HELD ON KEY ISSUES, SUCH AS BUSINESS DEVELOPMENT, HEALTH AND EDUCATION, AND TO RECRUIT SUPPORT ON NEW AND EXISTING LEGISLATION AIMED TO ADDRESS THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK. ADDITIONALLY, SOMOS, INC. USES THE FUNDS COLLECTED THROUGH CONFERENCES TO EMPOWER YOUTHS WITH ACADEMIC FINANCIAL AWARDS THAT ENCOURAGE FURTHERING THEIR EDUCATION, COLLEGE INTERNSHIPS TO PROMOTE RETENTION AND APPRENTICESHIPS TO INTRODUCE NEWLY GRADUATED ADULTS INTO THE PUBLIC, NONPROFIT, LABOR, AND PRIVATE SECTORS. THE ORGANIZATION AIMS TO CREATE OPPORTUNITIES FOR HISPANIC YOUTH THAT WILL FACILITATE THEIR PROFESSIONAL DEVELOPMENT.
Expenses $2,016,525 · Grants $113,700
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tania CapazTANIA CAPAZ
EXECUTIVE DI
- Total calculated
- $100,129
- From this org
- $100,129
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
-
Francisco DiazFRANCISCO DIAZ
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Hilda EscherHILDA ESCHER
FIRST VICE C
- Total calculated
- $0
- Hours/week
- 4
-
Carmen FloresCARMEN FLORES
SECOND VICE
- Total calculated
- $0
- Hours/week
- 4
-
Ladan NikravanLADAN NIKRAVAN
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Michael NievesMICHAEL NIEVES
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Santos RodriguezSANTOS RODRIGUEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dirk McCallDIRK MCCALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
C Sonia MartinezC SONIA MARTINEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amarilis Altagracia JacoboAMARILIS ALTAGRACIA JACOBO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Paloma HernandezPALOMA HERNANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Evan GoldbergEVAN GOLDBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ninfa SegarraNINFA SEGARRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Larry FernandezLARRY FERNANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mirtha ColonMIRTHA COLON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Maria Del Carmen VieraMARIA DEL CARMEN VIERA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Edwin LopezEDWIN LOPEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Steven RiceraSTEVEN RICERA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
-
CONTRIBUTIONS
-
$6,950
CONTRIBUTIONS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.0
- Source object
- 202611359349305866
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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