Public Charity

LATINO COMMUNITY DEVELOPMENT CENTER

LATINO COMMUNITY DEVELOPMENT CENTER is a Public Charity headquartered in DURHAM, NC. Financial data from the 2024 filing: $65.3M revenue, $5.2M expenses, $62.0M total assets. 5 publicly reported grants to this organization, totaling roughly $75.1M, appear in IRS filings.

EIN: 820551614 DURHAM, NC Management & Technical Assistance NTEE: P02 Latest filing: 2024
Total Revenue$65.3M
Total Expenses$5.2M
Total Assets$62.0M
Grant Records5
Funding Total$75.1M
Filing Years2019–2024

Mission

LATINO COMMUNITY DEVELOPMENT CENTER PROMOTES FINANCIAL LITERACY, ACCESS TO FINANCIAL SERVICES, AND ECONOMIC DEVELOPMENT PRIMARILY FOR THE LOW AND MODERATE INCOME POPULATION IN NORTH CAROLINA.

Where $100 goes at Latino Community Development Center

How Latino Community Development Center divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Provide access to financial services to low income communities traditionally left out of the financial services sector
100% of program spending
<$1
Provide financial education to low income communities traditionally denied access to financial services
0% of program spending · Reported in the filing: 1,097 participants; 373 graduates
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Erika Bell
CHAIR John Herrera
DIRECTOR Maria Scanga
CEO Maria Victoria Garcia
CFO Rodrigo Iniguez

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$75,000,000 2 grants
Health & Medicine
$100,000 2 grants
Economic Development
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $65.3M $5.2M $62.0M
2023 $327K $216K $1.8M
2022 $277K $928K $2.3M
2020 $10.5M $10.4M $1.1M
2019 $121K $44K $1.1M

Between 2019 and 2024, reported annual revenue grew from $121K to $65.3M (+53779%), with total assets most recently reported at $62.0M.

Interactive year-over-year charts and full filing details available with membership.

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