NonprofitsInquilinos Boricuas En Accion Inc

Inquilinos Boricuas En Accion Inc

BOSTON, MA

Total revenue

$31.6M

Total expenses

$22.2M

Net assets

$139.4M

Grants received

$4.3M

93 grants

EIN

237090081

Tax year

2024

Mission

Inquilinos boricuas en accion (iba) empowers and engages individuals and families to improve their lives through high-quality affordable housing, education and arts programs.

Programs

7 programs

Early education program - our approach goes well beyond testing scores, it focuses on skills development, such as inclusion, adaptability, creativity, critical thinking and independence. Our dedicated teachers and staff nurture each child's creativity and individuality, recognizing these skills to be just as important as the academic skills they need to succeed. All of our students graduate prepared for kindergarten - they leave us ready to read, with strengthened bilingual skills, and with the knowledge that will serve them to become valued members of their society. Our program focuses on 5 core values to educate your child for future success;socio-emotional skills, literacy skills, learning skills, cognitive development, and fine and gross motor development.

Expenses: $1.8M

Real estate management - non-profit owner and developer of affordable housing. The main goal is to provide an affordable, safe and healthy environment that promotes the highest quality of life for low and moderate-income families and elders. Iba owns a rental housing porfolio of 667 affordable units.

Expenses: $1.4M

Arts - the largest latino arts center in new england, iba presents concerts, festivals, exhibits and other high quality programming that is affordable accessible, and innovative.

Expenses: $342K

Youth development program fosters socio-emotional, intellectual and artistic growth in young people between 14 and 19 years old, while helping them develop 21st century skills to be successful in life.

Expenses: $896K

Resident services program works to empower residents of the villa victoria affordable housing community with a particular focus on the community's seniors, we promote living an a more active and fulfilling life. Using a culturally responsive approach, our caring and bilingual team helps residents:meet basic needs through advocacy, case management and referrals. Keep active and connected to the community through social, recreational, and cultural programming. Boost health and wellness through fitness/exercise classes, workshops and health screenings.

Expenses: $709K

Financial empowerment program is an innovative educational development and financial empowerment partnership with bunker hill community college. Serving as a mini-satellite campus of bunker hill community college, iba offers a unique model of a college campus in the heart of an affordable housing community.

Expenses: $394K

Real estate development

Expenses: $31K

Financials

FY 2024

Revenue

Contributions & grants$7.7M
Program service revenue$19.6M
Investment income$4.1M
Other revenue$129K
Total revenue$31.6M

Expenses

Grants paid
Salaries & benefits$6.5M
Fundraising$761K
Other expenses$15.8M
Total expenses$22.2M
Total assets$250.3M
Net assets$139.4M

People

24 listed

NameRoleCompensation

VANESSA CALDERON-ROSADO

CHIEF EXECUTIVE OFFICER

Board

$320K

34.4 hrs/wk

MAYRA NEGRON-ROCHE

CHIEF OPERATING OFFICER

Board

$273K

34.4 hrs/wk

ROBERT GOLDSTEIN

MEMBER

Board

0.2 hrs/wk

HECTOR COLON

MEMBER

Board

0.2 hrs/wk

REINELDA RIVERA

MEMBER

Board

0.2 hrs/wk

PATRICK GREENE

MEMBER

Board

0.2 hrs/wk

JOSE FERNANDEZ

MEMBER

Board

0.2 hrs/wk

MARIA VASALLO

PRESIDENT

Board

0.2 hrs/wk

DIVYA MANI

MEMBER

Board

0.2 hrs/wk

CINDY WILLIAMS

MEMBER

Board

0.2 hrs/wk

MIGUEL VASQUEZ

MEMBER

Board

0.2 hrs/wk

LAURIE GOULD

MEMBER

Board

0.2 hrs/wk

SHARON BONET

MEMBER

Board

0.2 hrs/wk

JAVIER FLORES

VICE PRESIDENT

Board

0.2 hrs/wk

JENNIFER FAUTH

TREASURER

Board

0.2 hrs/wk

PEDRO MIRANDA

CLERK (UNTIL 2024)

Board

0.2 hrs/wk

HECTOR CRUZ

MEMBER

Board

0.2 hrs/wk

VADIM KUKSIN

MEMBER

Board

0.2 hrs/wk

WENDY MELENDEZ

MEMBER

Board

0.2 hrs/wk

RAFAEL PEREZ MEDINA

CHIEF PROGRAM OFFICER

Staff

$177K

35 hrs/wk

TARA MCCABE

CHIEF DEVELOPMENT OFFICER

Staff

$158K

35 hrs/wk

XAVIER CHAVARRIA

CHIEF HUMAN RESOURCES OFFICER

Staff

$137K

35 hrs/wk

JASON DULONG

FACILITIES DIRECTOR

Staff

$127K

35 hrs/wk

YAHAIRA OBJIO

RESIDENT SERVICES PROGRAM DIRECTOR

Staff

$110K

35 hrs/wk

Independent contractors

ERISE BUILDERS INC

GENERAL CONTRACTOR

$1.3M

DAVIS SQUARE ARCHITECTS

ARCHITECT

$719K

CAMBRIDGE TRUST WEALTH MANAGEMENT

INVESTMENT MANAGER

$275K

THE CASTLE GROUP INC

MARKETING CONSULTANT

$204K

THREE-KAY CONSULTING LLC

FINANCIAL CONSULTANT

$174K

Grants received

Showing 93 of 93

FromAmountPurposeYear
$50K
CONTINUED GENERAL OPERATING SUPPORT
2024
$30K
NEIGHBORHOOD DEVELOPMENT/FINANCIAL CAPABILITY
2024
$15K
UNRESTRICTED GENERAL SUPPORT
2024
$8K
Matching gifts for general operating support
2024
$8K
Matching gifts for general operating support
2024
$750K
CAPITAL PROJECT: NEW BUILDING TO EXPAND PROGRAMS AND MISSION DELIVERY
2023
$200K
For core support of the Latine College & Career Access Network
2023
$75K
FINANCIAL EMPOWERMENT PROGRAM
2023
$75K
FINANCIAL EMPOWERMENT PROGRAM
2023
$75K
Community Impact
2023
$50K
CONTINUED GENERAL OPERATING SUPPORT
2023
$50K
PROGRAM/OPERATING SUPPORT
2023
$50K
GENERAL OPERATING
2023
$34K
Capital Campaign
2023
$30K
SUMMER LEARNING COMMUNITY AND THE OUT-OF-SCHOOL TIME INITIATIVE
2023
$26K
For grant recipient's exempt purposes
2023
$25K
Civic Engagement
2023
$25K
Community Partnership
2023
$20K
INCREASING SOCIO-ECONOMIC MOBILITY AND OVERALL WELLBEING THROUGH COMMUNITY PROGRAMS
2023
$15K
Matching gifts for general operating support
2023
$11K
GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT
2023
$10K
YOUTH DEVELOPMENT PROGRAMS
2023
$3K
GENERAL OPERATING SUPPORT
2023
$260K
EXEMPT PURPOSE
2022
$134K
Operating Support/Annual Fund
2022
$100K
RESIDENT SERVICES PROGRAM
2022
$53K
HURRICANE RELIEF FESTIVAL SPONSOR
2022
$52K
SUMMER LEARNING COMMUNITY AND THE OUT-OF-SCHOOL TIME INITIATIVE
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$50K
WRAPAROUND BASIC NEEDS FOR UNDERSERVED INDIVIDUALS
2022
$47K
Community Impact
2022
$40K
COVID 19 EMERGENCY ASSISTANCE
2022
$10K
GENERAL SUPPORT
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
2022 INFLATION RECOGNITION GRANTS
2022
$10K
RESIDENT SERVICES PROGRAM
2022
$9K
GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT
2022
$5K
CAPACITY BUILDING
2022
$3K
GENERAL OPERATING SUPPORT
2022
$3K
General & Unrestricted
2022
$189K
Community Impact
2021
$50K
Community Support
2021
$50K
CONTINUED GENERAL OPERATING SUPPORT
2021
$40K
CREATING/PRESERVING AFFORDABLE HOUSING/EXPAND EARLY LEARNING CENTERS
2021
$25K
Community Partnership
2021
$19K
Operating Support/Annual Fund
2021
$16K
COMMUNITY LEARNING COLLABORATIVE
2021
$6K
RESIDENT SERVICES PROGRAM
2021
$3K
GENERAL OPERATING SUPPORT
2021
$357K
Community Impact
2020
$65K
RESIDENTIAL SERVICES FOR ORGANIZATION SERVING THE SOUTH END'S VILLA VICTORIA NEIGHBORHOOD
2020
$50K
GENERAL OPERATING
2020
$50K
GENERAL OPERATING SUPPORT
2020
$40K
IBA'S COLLEGE & FINANCIAL EMPOWERMENT PROGRAM
2020
$24K
Financial Capacity
2020
$18K
Operating Support/Annual Fund
2020
$10K
UNRESTRICTED GENERAL
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
Momentum Fund: COVID-19 Support
2020
$10K
COVID-19 RESPONSE 2020
2020
$5K
Community Partnership
2020
$5K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$135K
Community Impact
2019
$35K
Community Development
2019
$17K
Operating Support/Annual Fund
2019
$15K
UNRESTRICTED GENERAL
2019
$15K
Financial Capability
2019
$10K
COMMUNITY SUPPORT
2019
$8K
Youth Development
2019
$76K
Community Impact
2018
$43K
COMPUTER EQUIPMENT AND SUPPLIES TO OPERATE TECHNOLOGY LAB
2018
$6K
GENERAL PURPOSE
2018
$3K
AFTERSCHOOL AND SUMMER LEARNING PROGRAMS.
2018
$77K
Community Impact
2017
$37K
Operating Support
2017
$35K
PROGRAM SUPPORT
2017
$20K
Disaster Relief
2017
$10K
COMMUNITY SUPPORT
2017
$4K
Youth Development
2017

Funded by

$4.3M from 35 funders · 93 grants · 2017–2024

United Way Of Massachusetts Bay Inc

$956K · 7 grants · 2017–2023

Yawkey Foundation Ii

$865K · 3 grants · 2020–2023

Boston Foundation Inc

$416K · 13 grants · 2017–2023

Liberty Mutual Foundation Inc

$310K · 6 grants · 2020–2023

Eastern Bank Foundation

$260K · 1 grant · 2022

Carnegie Corporation Of New York

$200K · 1 grant · 2023

The Nord Family Foundation

$200K · 4 grants · 2020–2024

Details

EIN237090081
Subsection03
Ruling date2019-06
Formed1968
Employees55
Volunteers17
INQUILINOS BORICUAS EN ACCION INC — Mission, Financials & Grants Received | Grantivo