Nonprofit · EIN 13-3112110
HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC
Also known as HITN INC
Tax-exempt · BROOKLYN, NY 11205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $207,035,599 | $19,320,442 | $187,715,157 | $254,440,567 | $4,548,934 | $249,891,633 |
| December 31, 2023 | 990 | $6,402,339 | $18,552,658 | -$12,150,319 | $67,228,879 | $4,488,596 | $62,740,283 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,668,387
- Investment income
- $200,258,857
- Net rental income
- $107,563
- Net gain from sales of assets
- $198,072,146
- Other revenue
- $108,355
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,224,727
- Other salaries and wages
- $4,659,577
- Salaries, compensation and benefits (total)
- $8,270,472
- Professional fundraising fees
- $0
- Legal fees
- $1,173,305
- Accounting fees
- $145,502
- Occupancy
- $1,341,205
- Travel
- $598,747
- Depreciation
- $445,049
- Program services (functional)
- $13,694,833
- Management and general (functional)
- $5,527,015
- Fundraising (functional)
- $98,594
Balance sheet and other
- Total assets, start of year
- $67,228,879
- Total assets, end of year
- $254,440,567
- Total liabilities, end of year
- $4,548,934
- Net assets, end of year
- $249,891,633
- Land, buildings and equipment
- $2,528,142
- Publicly traded securities
- $168,478
- Net assets without donor restrictions
- $249,891,633
- Gross unrelated business income
- $792
- Gross receipts
- $258,625,427
- Employees
- 49
- Volunteers
- 0
- Year formed
- 1981
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL D NIEVES | CEO/BOARD MEMBER Trustee or director, Officer | 40 | $705,206 | $64,698 |
| KENNEDY PAUL | COO & CFO Officer | 40 | $519,522 | $42,352 |
| MARYANN R MARRAPODI | CHIEF LEARNING & DEV. OFFICER Highest-paid employee | 40 | $265,771 | $16,468 |
| GUILLERMO SIERRA | HEAD OF TELEVISION & DIGITAL Highest-paid employee | 40 | $231,870 | $16,944 |
| PEDRO R HERRERA | DIRECTOR, IT & BROADCAST OPERATIONS Highest-paid employee | 40 | $166,755 | $9,753 |
| MAURICIO GALLEGO | DIRECTOR, CONT. OPS. & CREATIVE SVCS Highest-paid employee | 40 | $166,081 | $9,078 |
| ERIC D TURPIN | GENERAL MANAGER, HITN-TV Highest-paid employee | 40 | $161,823 | $9,419 |
| EDUARDO BHATIA | CHAIRPERSON Trustee or director | 2 | $10,000 | $0 |
| NELSON DENIS | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
| LINDA HERNANDEZ ROSADO | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
| ANGEL CRUZ | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
| CARMEN HERNANDEZ | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JONATHAN GUERRA | GENERAL COUNSEL (THRU 03/2023) Officer | 40 | $596,817 | $100,000 |
| MICHAEL D NIEVES | CEO/BOARD MEMBER Trustee or director, Officer | 40 | $392,195 | $47,493 |
| KENNEDY PAUL | COO & CFO Officer | 40 | $262,792 | $24,600 |
| MARYANN R MARRAPODI | CHIEF LEARNING & DEV. OFFICER Highest-paid employee | 40 | $265,770 | $3,342 |
| GUILLERMO SIERRA | HEAD OF TELEVISION & DIGITAL Highest-paid employee | 40 | $232,049 | $5,119 |
| PEDRO R HERRERA | DIRECTOR, IT & BROADCAST OPERATIONS Highest-paid employee | 40 | $166,755 | $1,486 |
| MAURICIO GALLEGO | DIRECTOR, CONT. OPS. & CREATIVE SVCS Highest-paid employee | 40 | $165,811 | $542 |
| ERIC D TURPIN | GENERAL MANAGER, HITN-TV Highest-paid employee | 40 | $161,823 | $1,398 |
| NELSON DENIS | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
| LINDA HERNANDEZ ROSADO | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
| ANGEL CRUZ | BOARD MEMBER Trustee or director | 2 | $10,000 | $0 |
| EDUARDO BHATIA | CHAIRPERSON (AS OF 06/2023) Trustee or director | 2 | $5,000 | $0 |
| CARMEN HERNANDEZ | BOARD MEMBER (AS OF 10/2023) Trustee or director | 2 | $2,500 | $0 |
| MURRAY GREGORSON | CHAIRPERSON (THRU 03/2023) Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 63 FLUSHING AVE UNIT 281, BROOKLYN, NY 11205-1078
- In care of
- % KENNEDY PAUL
- Principal officer (990 for 2024)
- MICHAEL D NIEVES, 63 FLUSHING AVENUE 211, BROOKLYN, NY 11205
- Signed the 990
- KENNEDY PAUL, COO/CFO
- Phone
- (212) 966-5660
- Website
- WWW.HITN.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
HITN'S 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.
Program accomplishments
- HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK (HITN) IS THE FIRST SPANISH PUBLIC SERVICE MEDIA NETWORK. ESTABLISHED IN 1983 AS A NON-PROFIT ORGANIZATION WITH A MISSION TO ADVANCE THE EDUCATIONAL, CULTURAL, AND SOCIO-ECONOMIC ASPIRATIONS OF ITS VIEWERS IN THE U.S. AND PUERTO RICO. NO OTHER HISPANIC FOCUSED ORGANIZATION COMBINES THE UNIQUE ABILITY TO REACH THIS GROWING POPULATION THROUGH A MULTIMEDIA COMBINATION OF TV BROADCASTING, THE INTERNET, AND COMMUNITY BASED INITIATIVES. HITN IS ALSO THE LARGEST HOLDER OF EBS SPECTRUM IN THE UNITED STATES. OUR CHANNEL REACHES 40 MILLION HOMES ACROSS THE UNITED STATES. (CONTINUED ON SCHEDULE O) HITN TELEVISION EDUCATES, INSPIRES, AND EMPOWERS HISPANIC VIEWERS. THE CHANNEL IS PRESENTED BY ALL MAJOR CABLE AND SATELLITE OPERATORS AS WELL AS BY SEVERAL TELECOMMUNICATION COMPANIES AND DIGITAL PLATFORMS. WITH SHOWS FOR THE WHOLE FAMILY, HITN OFFERS ENGAGING, EDUCATIONAL CONTENT ON TOPICS AS DIVERSE AS NATURAL HISTORY, SCIENCE AND TECHNOLOGY, HEALTH AND WELL-BEING, AND CURRENT AFFAIRS.Expenses $13,690,730 · revenue $6,668,387
- HITN LEARNING - THE PROGRAM SUPPORTS THE DEVELOPMENT OF EDUCATIONAL RESOURCES IN PRINT DIGITAL MEDIA TARGETED AT HISPANIC PRESCHOOL AND EARLY ELEMENTARY SCHOOL CHILDREN AND THEIR FAMILIES. HITN SUPPORTS THIS JOURNEY FOR BABIES, SCHOOL-AGE CHILDREN, FAMILIES AND EDUCATORS, BY PROVIDING ENGAGING AND EFFECTIVE CONTENT THAT IGNITES CURIOSITY, PROMOTES CRITICAL THINKING AND ENCOURAGES PROBLEM-SOLVING.Expenses $4,103
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3112110
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $254,440,567
- Income (IRS master file)
- $258,625,427
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $207,035,599 | $19,320,442 | $254,440,567 | XML |
| 990 | December 2023 | $6,402,339 | $18,552,658 | $67,228,879 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $5,708,997 | $17,721,312 | $80,379,814 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3112110).
Questions about HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC
- What is the EIN of HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC?
- The employer identification number (EIN) of HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC is 13-3112110.
- Is HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC?
- The 990 for the year ended December 31, 2024 names MICHAEL D NIEVES.
- Who are the officers and directors of HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 12 received compensation from the organization, the highest $705,206 (MICHAEL D NIEVES, CEO/BOARD MEMBER).
- How much revenue does HISPANIC INFORMATION & TELECOMMUNICATIONS NETWORK INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $207,035,599, expenses of $19,320,442 and total assets of $254,440,567 at year end.
Other nonprofits in BROOKLYN
- BOEING COMPANY VEBA MASTER TRUST EIN 11-3601529 · last filed 990 for 2024
- MAIMONIDES MEDICAL CENTER- EIN 11-1635081 · last filed 990 for 2024
- IBM CORP MEDICAL & DENTAL BENEFITS PLAN TR P92435 EIN 13-3017999 · last filed 990 for 2025
- BROOKDALE HOSPITAL MEDICAL CENTER EIN 11-1631746 · last filed 990 for 2024
- NEW YORK-PRESBYTERIAN BROOKLYN METHODIST EIN 11-1631796 · last filed 990 for 2022
- THE BROOKLYN HOSPITAL CENTER EIN 11-1630755 · last filed 990 for 2024
- THE OJC FUND EIN 11-3618879 · last filed 990 for 2025
- WYCKOFF HEIGHTS MEDICAL CENTER EIN 11-1631837 · last filed 990 for 2024