HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK INC Charity Report

Public IRS 990 nonprofit record

HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK INC

EIN 13-3112110 · Telecommunications (W50)

What they do

HITNS MISSION is to ADVANCE THE EDUCATIONAL, CULTURAL and SOCIO-ECONOMIC ASPIRATIONS of U.S. HISPANICS THROUGH THE DEVELOPMENT and DISTRIBUTION of QUALITY and AUTHENTIC CONTENT, ON-AIR, ONLINE and ON THE GROUND.HITN is A HISPANIC FOCUSED ORGANIZATION THAT COMBINES THE UNIQUE ABILITY to REACH THIS GROWING POPULATION THROUGH A MULTIMEDIA COMBINATION of TV BROADCASTING, THE INTERNET, APPS, TRANSMEDIA MATERIALS and COMMUNITY BASED INITIATIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.9%of expenses went to mission work6.60% of revenue

0.5%of expenses went to fundraising0.00% of revenue

$9.33spent for every $100 of revenueRevenue covered expenses this year.

28.6%of expenses went to management and office costs2.70% of revenue

$13.17in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $769,904 for MICHAEL D NIEVES (CEO/BOARD MEMBER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services70.9% of expenses6.60% of revenue

ManagementOffice and general costs28.6% of expenses2.70% of revenue

FundraisingAsking for donations0.5% of expenses0.00% of revenue

Total expenses9.30% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202470.9% mission

202372.2% mission

202271.0% mission

202169.6% mission

202074.9% mission

201978.7% mission

201885.2% mission

201779.4% mission

Money in and money out

Revenue$207,035,599

Expenses$19,320,442

Annual surplus $187,715,157 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,694,833 · 70.9% of expenses

Management and office costs$5,527,015 · 28.6% of expenses

Fundraising$98,594 · 0.5% of expenses

See all reported dollar amounts

Revenue$207,035,599

Expenses$19,320,442

Assets$254,440,567

Income$258,625,427

Mission work (program services)$13,694,833

Fundraising$98,594

Grants given$72,500

Average grant$12,083

Management and general$5,527,015

Executive compensation (total)$1,594,785

Stocks and bonds$168,478

Accounting fees$145,502

Investing fees$18,504

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL D NIEVESCEO/BOARD MEMBER · 40 hrs/week $769,904Base $705,206 · Other $64,698

KENNEDY PAULCOO & CFO · 40 hrs/week $561,874Base $519,522 · Other $42,352

MARYANN R MARRAPODICHIEF LEARNING & DEV. OFFICER · 40 hrs/week $282,239Base $265,771 · Other $16,468

GUILLERMO SIERRAHEAD OF TELEVISION & DIGITAL · 40 hrs/week $248,814Base $231,870 · Other $16,944

PEDRO R HERRERADIRECTOR, IT & BROADCAST OPERATIONS · 40 hrs/week $176,508Base $166,755 · Other $9,753

MAURICIO GALLEGODIRECTOR, CONT. OPS. & CREATIVE SVCS · 40 hrs/week $175,159Base $166,081 · Other $9,078

ERIC D TURPINGENERAL MANAGER, HITN-TV · 40 hrs/week $171,242Base $161,823 · Other $9,419

ANGEL CRUZBOARD MEMBER · 2 hrs/week $10,000

CARMEN HERNANDEZBOARD MEMBER · 2 hrs/week $10,000

EDUARDO BHATIACHAIRPERSON · 2 hrs/week $10,000

LINDA HERNANDEZ ROSADOBOARD MEMBER · 2 hrs/week $10,000

NELSON DENISBOARD MEMBER · 2 hrs/week $10,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

MICHAEL D NIEVESCEO/BOARD MEMBER

KENNEDY PAULCOO & CFO

MARYANN R MARRAPODICHIEF LEARNING & DEV. OFFICER

GUILLERMO SIERRAHEAD OF TELEVISION & DIGITAL

PEDRO R HERRERADIRECTOR, IT & BROADCAST OPERATIONS

MAURICIO GALLEGODIRECTOR, CONT. OPS. & CREATIVE SVCS

ERIC D TURPINGENERAL MANAGER, HITN-TV

ANGEL CRUZBOARD MEMBER

CARMEN HERNANDEZBOARD MEMBER

EDUARDO BHATIACHAIRPERSON

LINDA HERNANDEZ ROSADOBOARD MEMBER

NELSON DENISBOARD MEMBER

About this charity

Recognized since: January 1982
Location: 63 FLUSHING AVENUE 211, BROOKLYN, NY 11205
County: Kings
In care of: KENNEDY PAUL
Primary officer: KENNEDY PAUL, COO/CFO

How to reach them

WebsiteVisit the charity’s website Phone(212) 966-5660

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Telecommunications (W50)
IRS tax category: Telecommunications
Grant-giving organization: Yes