EIN 23-2552707

Nueva Esperanza

IRS 501(c) type
501(c)(3)
Num. employees
118
Year formed
1988
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Nueva Esperanza supports Hispanic communities through development, and is a leading voice for Hispanics nationally with an emphasis on education.
Related structure
Nueva Esperanza is a subordinate organization under Esperanza Academy Charter School.
Total revenues
$13,454,615
2023
Total expenses
$13,006,335
2023
Total assets
$44,544,879
2023
Num. employees
118
2023

Program areas at Nueva Esperanza

Education - Esperanza college, a branch campus of eastern university, is the only hispanic serving institution (hsi) in pa and the only program of its kind in the country where students study in spanish, while learning english. Upon earning their associate degrees, students are prepared to transfer to four-year colleges and universities.
Impacto ads - Esperanza provides the hispanic community with relevant information and content to promote community cultural, educational, and economic growth.
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.
Employee training

Grants made by Nueva Esperanza

GranteeGrant descriptionAmount
Housing and Family Services of Greater New YorkHousing Counseling$159,121
Newsed Community Development CorporationHousing Counseling$80,607
Detroit Hispanic Development CorporationHousing Counseling$43,528
...and 5 more grants made

Who funds Nueva Esperanza

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$485,388
The Blackbaud Giving FundGeneral Support$304,838
Wells Fargo Regional FoundationHunting Park Neighborhood Strategic Plan$90,000
...and 17 more grants received

Personnel at Nueva Esperanza

NameTitleCompensation
Luis CortesPresident and Chief Executive Officer$334,132
Matthew LentzChief Financial Officer
Danny CortesExecutive Vice President and Chief of Staff$237,897
Walter ToliverSenior Vice President and General Council$183,327
William RhoadsSenior Vice President , Esperanza Arts Center / Senior Vice President - Esperanza Arts Center$128,828
...and 14 more key personnel

Financials for Nueva Esperanza

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,665,635
Program services$6,383,395
Investment income and dividends$68,076
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$337,509
Total revenues$13,454,615

Form 990s for Nueva Esperanza

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-08990View PDF
2022-062023-05-13990View PDF
2021-062022-05-11990View PDF
2020-062021-05-26990View PDF
2019-062021-01-27990View PDF
...and 9 more Form 990s

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OrganizationLocationRevenue
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The Hope ProgramBrooklyn, NY$8,580,871
Alaska Works PartnershipAnchorage, AK$3,786,112
Nontraditional Employment for Women (NEW)New York, NY$4,249,964
Unite-LaLos Angeles, CA$7,404,350
Coalition on Homelessness and Housing in OhioColumbus, OH$8,827,222
CareerWise New YorkNew York, NY$3,912,999
Paraprofessional Healthcare InstituteNew York, NY$5,404,185
Doe FundNew York, NY$66,378,441
Building ChangesSeattle, WA$10,191,780
Data update history
August 26, 2024
Received grants
Identified 5 new grant, including a grant for $50,000 from Independence Public Media of Philadelphia
July 20, 2024
Updated personnel
Identified 2 new personnel
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $485,388 from American Online Giving Foundation
April 19, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsEmployment organizationsHousing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHispanicJobs and employment
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
Address
4261 N 5th St
Philadelphia, PA 19140
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
esperanza.us/ 
Phone
(215) 324-0746
IRS details
EIN
23-2552707
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J22: Employment Training
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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