NonprofitsNueva Esperanza

Employment

Nueva Esperanza

PHILADELPHIA, PA

Total revenue

$14.2M

Total expenses

$15.7M

Net assets

$15.0M

Grants received

$9.5M

88 grants

EIN

232552707

Tax year

2023

Mission

Organization development, higher education, coordination of national programs and capacity building of hispanic faith and community based organizations.

Programs

4 programs

National - esperanza works partially as an intermediary between government agencies and hispanic faith and community-based organizations. Together with over 10,000 hispanic churches and organizations, esperanza has emerged as a leading voice for hispanics of faith in the nation. Esperanza has several national initiatives that continue the work of nueva esperanza, inc. On a national scale, serving the needs of the hispanic community as well as strengthening the work of hispanic faith-based organizations.

Expenses: $1.7MGrants: $2.0M

Impacto ads - esperanza provides the hispanic community with relevant information and content to promote community cultural, educational, and economic growth.

Expenses: $224K

Housing & Economic impact

Expenses: $280K

Employee training

Expenses: $140K

Financials

FY 2023

Revenue

Contributions & grants$7.2M
Program service revenue$6.5M
Investment income$186K
Other revenue$358K
Total revenue$14.2M

Expenses

Grants paid$2.0M
Salaries & benefits$6.7M
Fundraising$506K
Other expenses$6.9M
Total expenses$15.7M
Total assets$53.3M
Net assets$15.0M

People

18 listed

NameRoleCompensation

REVEREND LUIS CORTES JR

PRESIDENT & CEO

Board

$396K

40 hrs/wk

REVEREND DANNY CORTES

EXEC. VP/CHIEF OF STAFF

Board

$257K

40 hrs/wk

RONALD GILG

BOARD MEMBER

Board

2 hrs/wk

Martin Droz

BOARD MEMBER

Board

2 hrs/wk

Tom Caramanico

BOARD MEMBER

Board

2 hrs/wk

Gilbert Alfaro

BOARD MEMBER

Board

2 hrs/wk

BETH MORALES SINGH

BOARD MEMBER

Board

2 hrs/wk

JUDITH TORRES - LYNCH

CHAIR

Board

2 hrs/wk

REV BONNIE CAMARDA

VICE CHAIR

Board

2 hrs/wk

JUAN LOPEZ

TREASURER

Board

2 hrs/wk

JOSUE FIGUEROA

SECRETARY

Board

2 hrs/wk

William Smith

BOARD MEMBER

Board

2 hrs/wk

Tiffany Taveraz

BOARD MEMBER

Board

2 hrs/wk

WALTER TOLIVER

SR. VP/GENERAL COUNCIL

Staff

$195K

40 hrs/wk

WILLIAM RHODES

SR. VP, ESPERANZA ARTS CENTER

Staff

$137K

40 hrs/wk

Martha A Fisher

Legal Counsel

Staff

$131K

40 hrs/wk

Christine Nieves

Senior Vice President of Devel

Staff

$130K

40 hrs/wk

Marli D Nascimiento

FACILITIES DIRECTOR

Staff

$117K

40 hrs/wk

Independent contractors

YOUR PART-TIME CONTROLLER LLC

Accounting

$610K

MCALLISTER AND QUINN LLC

CONSULTING SERVICE

$108K

Grants received

Showing 88 of 88

FromAmountPurposeYear
$237K
(A) = $75,000, (M) = $162,000
2024
$60K
Latino Digital
2024
$50K
to assist in GOTV efforts
2024
$50K
GENERAL OPERATING SUPPORT
2024
$22K
TO ASSIST WITH PROVIDING SCHOLARSHIPS AND MENTORSHIPS
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$3K
GENERAL OPERATING
2024
$1.3M
CHRISTIAN PARENTING &CAREGIVING INIT
2023
$500K
THRIVING IN MINISTRY INITIATIVE
2023
$86K
SUPPORT HEALTH ISSUES
2023
$80K
RESEARCH
2023
$50K
SUPPORT COMMUNITY NEWSPAPER IMPACTO
2023
$25K
GENERAL SUPPORT
2023
$25K
GENERAL OPERATING SUPPORT
2023
$25K
PROGRAM/OPERATING SUPPORT
2023
$15K
CHARITABLE DONATION
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$7K
ORGANIZATION DEVELOPMENT FUND
2023
$6K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2023
$6K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2023
$6K
Commission and performance of new work by Gilda Lyons
2023
$5K
EARN INCOME TAX CREDIT EDUCATION
2023
$80K
GENERAL OPERATING
2022
$75K
2022-23 VOICES SERIES, WHICH CELEBRATES THE RICH CULTURAL DIVERSITY OF THE LATIN CARIBBEAN.
2022
$75K
2022-23 VOICES SERIES, WHICH CELEBRATES THE RICH CULTURAL DIVERSITY OF THE LATIN CARIBBEAN.
2022
$75K
(C) = $75,000.00
2022
$58K
SUPPORT HEALTH ISSUES
2022
$55K
ARTS AND CULTURAL PROJECTS
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$22K
RESEARCH
2022
$20K
GRANTS
2022
$14K
GENERAL SUPPORT
2022
$10K
SUMMER SUPPORT FOR FAMILIES
2022
$10K
CHARITABLE DONATION
2022
$5K
CLAIM YOUR MONEY PHL
2022
$5K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2022
$502K
For recipient's exempt purpose
2021
$460K
THRIVING CONGREGATIONS INITIATIVE
2021
$134K
GENERAL SUPPORT
2021
$134K
GENERAL SUPPORT
2021
$50K
IMPACTO - TO EMPOWER RESIDENTS OF PHILADELPHIA'S HUNTING PARK COMMUNITY, A PREDOMINANTLY LATINX AND AFRICAN AMERICAN NEIGHBORHOOD WITH ONE OF THE CITY'S HIGHEST POVERTY RATES, BY ENGAGING ADDITIONAL COMMUNITY MEMBERS AS CONTRIBUTORS AND EDITORS FOR IMPACTO'S SPANISH-LANGUAGE PUBLICATION.
2021
$30K
GRANTS
2021
$5K
GENERAL OPERATING/FLEXIBLE SUPPORT
2021
$540K
THRIVING CONGREGATIONS INITIATIVE
2020
$325K
ESPERANZA ARTS AND COMMUNITY CENTER
2020
$245K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$105K
HUMAN SERVICES
2020
$100K
RELIEF AND RECOVERY SUPPORT
2020
$90K
HUNTING PARK NEIGHBORHOOD STRATEGIC PLAN
2020
$80K
(D) = $25,000, (N) = $55,000
2020
$55K
ADVOCACY UNRESTRICTED PROGRAM SUPPORT, OPERATING SUPPORT
2020
$50K
ENVIRON. ADVOCACY
2020
$37K
GRANTS
2020
$10K
COVID RESPONSE GRANT
2020
$8K
CIVIC ENGAGEMENT
2020
$8K
GENERAL OPERATING SUPPORT
2020
$8K
GENERAL OPERATING SUPPORT
2020
$5K
NFA-ACTOS DE CONFIANZA
2020
$2K
NON-PROFIT LEGAL AID
2020
$37K
GRANTS
2019
$30K
ADVOCACY UNRESTRICTED
2019
$15K
UNRESTRICTED GENERAL SUPPORT
2019
$10K
OPPORTUNITY COMMUNITY
2019
$5K
GENERAL SUPPORT
2019
$200K
THRIVING IN MINISTRY INITIATIVE
2018
$124K
GRANTS
2018
$100K
PROGRAM/OPERATING SUPPORT
2018
$2K
NON-PROFIT LEGAL AID
2018
$38K
BIBLE ENGAGEMENT
2017
$31K
GRANTS
2017

Funded by

$9.5M from 43 funders · 88 grants · 2017–2024

Lilly Endowment Inc

$3.0M · 5 grants · 2018–2023

American Online Giving Foundation Inc

$1.5M · 3 grants · 2022–2024

Vanguard Charitable Endowment Program

$757K · 3 grants · 2020–2023

The William Penn Foundation

$575K · 4 grants · 2020–2022

Local Initiatives Support Corporation

$574K · 4 grants · 2020–2024

Neighborhood Reinvestment Corporation

$514K · 2 grants · 2021–2023

The Lenfest Institute For Journalism

$392K · 3 grants · 2020–2024

The Blackbaud Giving Fund

$282K · 3 grants · 2021–2022

Details

EIN232552707
NTEE codeJ220
Subsection03
Ruling date1989-05
Formed1988
Employees130
Volunteers11
NUEVA ESPERANZA — Mission, Financials & Grants Received | Grantivo