ILLINOIS LEGISLATIVE LATINO CAUCUS FOUNDATION Charity Report

Public IRS 990 nonprofit record

ILLINOIS LEGISLATIVE LATINO CAUCUS FOUNDATION

EIN 61-1428395 · Scholarships & Student Financial Aid (B82)

What they do

to PROVIDE SCHOLARSHIPS to HIGH SCHOOL and COLLEGE STUDENTS of LATINO ORIGIN WHO ARE ALSO ILLINOIS RESIDENTS, SPONSOR CONFERENCES ON PUBLIC POLICY ISSUES AFFECTING LATINOS IN ILLINOIS and THE NATION; and PROVIDE FUNDING for PUBLIC POLICY RESEARCH ON ISSUES AFFECTING LATINOS IN ILLINOIS and THE NATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.70 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 2023The report may be old. Ask for a newer one.

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

They name their leaders44 people are listed in the latest report.

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

Money made simple

66.80%of revenue went to mission work77.7% of expenses · Program services

0.47%of revenue went to fundraising0.5% of expenses

$85.93spent for every $100 of revenueRevenue covered expenses this year.

18.65%of revenue went to management and office costs21.7% of expenses

$1.54in assets for every $1 spent this yearSome assets cannot be spent right away.

99.4%of its money came from giftsOther money may come from services or investments.

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 $164,800 for OSWALDO ALVAREZ (EXECUTIVE DIRECTOR). 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 2023

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,067,775

Mission workProgram services$713,32166.80% of revenue77.7% of expenses

ManagementOffice and general costs$199,16518.65% of revenue21.7% of expenses

FundraisingAsking for donations$5,0100.47% of revenue0.5% of expenses

Revenue left after expensesReported annual surplus$150,27914.07% of revenueShown in gray on the chart

Total expenses$917,49685.93% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 77.7% mission · 21.7% management · 0.5% fundraisingTotal expenses: 85.93% of revenue

2022Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 66.06% of revenue

2021Expense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 32.97% of revenue

2020Expense mix: 91.6% mission · 8.3% management · 0.1% fundraisingTotal expenses: 58.48% of revenue

2019Expense mix: 64.8% mission · 29.7% management · 5.5% fundraisingTotal expenses: 80.56% of revenue

2018Expense mix: 94.7% mission · 5.3% management · 0.0% fundraisingTotal expenses: 141.36% of revenue

2017Expense mix: 0.0% mission · 55.8% management · 44.2% fundraisingTotal expenses: 8.85% of revenue

2016Expense mix: 83.9% mission · 11.0% management · 5.1% fundraisingTotal expenses: 144.74% of revenue

Money in and money out

Revenue$1,067,775

Expenses$917,496

Annual surplus $150,279 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)$713,321 · 77.7% of expenses

Management and office costs$199,165 · 21.7% of expenses

Fundraising$5,010 · 0.5% of expenses

See all reported dollar amounts

Revenue$1,067,775

Expenses$917,496

Assets$1,412,089

Income$886,669

Contributions$1,061,259

Mission work (program services)$713,321

Fundraising$5,010

Grants given$170,000

Average grant$170,000

Management and general$199,165

Accounting fees$20,792

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

OSWALDO ALVAREZEXECUTIVE DIRECTOR · 40 hrs/week $164,800

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 (44)

OSWALDO ALVAREZEXECUTIVE DIRECTOR

NATALIE TORODIRECTOR

JESSICA ONEILLDIRECTOR

KARINA VILLADIRECTOR

LILIAN JIMENEZDIRECTOR

LISA DUARTEDIRECTOR

LIZBETH RAMIREZDIRECTOR

MANNY REYNOSODIRECTOR

MANUEL REYDIRECTOR

MARISOL MORALESDIRECTOR

MARTA CERDAVICE-CHAIR

MARTIN CABRERADIRECTOR

JENNIFER CRESPODIRECTOR

NORMA HERNANDEZCO-CHAIR

OMAR AQUINOCO-CHAIR

PEDRO CEVALLOS CANDAUDIRECTOR

REY RAIGOZADIRECTOR

REYNALDO RAIGOZATREASURER

STEVE CARAMELLIDIRECTOR

VICTOR REYESDIRECTOR

WENDY RODRIGUEZDIRECTOR

YESENIA LOPEZSECRETARY

DAGMARA AVELARDIRECTOR

ALEX PATERAKOS FIGUEROADIRECTOR

ANGELICA GUERRERO-CUELLARDIRECTOR

ANTONIO MUNOZDIRECTOR

BALDEMAR LOPEZDIRECTOR

BARBARA HERNANDEZDIRECTOR

BENJAMIN BERNALDIRECTOR

BRENDA HERNANDEZDIRECTOR

CELINA VILLANUEVADIRECTOR

CRISTINA CASTRODIRECTOR

CRISTINA J PACIONE ZAYASCO-CHAIR

AARON ORTIZDIRECTOR

DANIEL ARCEDIRECTOR

DAVID ANDALCIODIRECTOR

DELIA RAMIREZDIRECTOR

DOLORES MUNOZDIRECTOR

EDGAR GONZALEZ JRDIRECTOR

ELIZABETH HERNANDEZDIRECTOR

EVA DINA DELGADODIRECTOR

FRED CRESPODIRECTOR

JAIME ANDRADE JRDIRECTOR

JAVIER LOERA CERVANTESDIRECTOR

About this charity

Recognized since: January 2006
Location: 320 S CANAL ST 3300, CHICAGO, IL 60606
County: Cook
In care of: OSWALDO ALVAREZ
Primary officer: OSWALDO ALVAREZ, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@illcfoundation.orgThank Phone(312) 772-1964

Filing and classification

Latest tax year: 2023
Tax period began: January 1, 2023
Return type: 990
Tax preparer: WERMER ROGERS DORAN & RUZON LLC
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid
Grant-giving organization: Yes