Nonprofit · EIN 83-2870376
INSTITUTO POWER
Also known as INSTITUTO
Tax-exempt · PHOENIX, AZ 85004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,664,530 | $2,112,260 | -$447,730 | $900,934 | $1,212,799 | -$311,865 |
| December 31, 2023 | 990 | $678,000 | $802,781 | -$124,781 | $527,144 | $391,279 | $135,865 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,664,530
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,417,473
- Salaries, compensation and benefits (total)
- $1,473,015
- Professional fundraising fees
- $0
- Legal fees
- $22,350
- Accounting fees
- $35,547
- Occupancy
- $15,066
- Travel
- $3,201
- Program services (functional)
- $1,795,422
- Management and general (functional)
- $316,838
Balance sheet and other
- Total assets, start of year
- $527,144
- Total assets, end of year
- $900,934
- Total liabilities, end of year
- $1,212,799
- Net assets, end of year
- -$311,865
- Net assets without donor restrictions
- -$311,865
- Gross receipts
- $1,664,530
- Employees
- 7
- Year formed
- 2019
- State of legal domicile
- AZ
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 |
|---|---|---|---|
| Luis Avila | Chairman Trustee or director, Officer | 10 | $0 |
| Torey Dolan | Director Trustee or director | 2 | $0 |
| Eva Masadiego | Director Trustee or director | 2 | $0 |
| Shelley Jackson | Executive Director | 10 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shelley Jackson | Executive Director | 10 | $37,742 |
| Luis Avila | Chairman Trustee or director, Officer | 10 | $0 |
| Torey Dolan | Director Trustee or director | 2 | $0 |
| Eva Masadiego | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 345 E PALM LN, PHOENIX, AZ 85004-1532
- In care of
- % LUIS R LARA AVILA SOLE MBR
- Principal officer (990 for 2024)
- Luis Avila, 221 E Indianola Ave, Phoenix, AZ 85012
- Signed the 990
- Shelley Jackson, Executive Director
- Phone
- (602) 743-5464
- Website
- https://www.instituto.io/
- Return prepared by
- Aniles and Company PLLC
Mission
Instituto's mission is to build sustained political power of low-income and communities of color in Arizona.
Program accomplishments
- Build sustained political power of low-income and communities of color in Arizona.Expenses $1,795,422
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
- 83-2870376
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W24)
- Assets (IRS master file)
- $900,934
- Income (IRS master file)
- $1,664,530
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,664,530 | $2,112,260 | $900,934 | IRS |
| 990 | December 2023 | $678,000 | $802,781 | $527,144 | XML |
| 990 | December 2022 | $633,202 | $224,328 | $678,337 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 83-2870376).
Questions about INSTITUTO POWER
- What is the EIN of INSTITUTO POWER?
- The employer identification number (EIN) of INSTITUTO POWER is 83-2870376.
- Is INSTITUTO POWER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2020.
- Are donations to INSTITUTO POWER tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INSTITUTO POWER 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 INSTITUTO POWER 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 INSTITUTO POWER 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 INSTITUTO POWER?
- The 990 for the year ended December 31, 2024 names Luis Avila.
- Who are the officers and directors of INSTITUTO POWER?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does INSTITUTO POWER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,664,530, expenses of $2,112,260 and total assets of $900,934 at year end.
Other nonprofits in PHOENIX
- ARIZONA FINANCIAL CREDIT UNION EIN 86-0101004 · last filed 990 for 2024
- ONEAZ CREDIT UNION EIN 86-0108770 · last filed 990 for 2024
- HELIOS EDUCATION FOUNDATION EIN 94-2850977 · last filed 990 for 2025
- BARRY GOLDWATER INSTITUTE FOR PUBLIC POLICY RESEARCH EIN 86-0597661 · last filed 990 for 2024
- BE A LEADER FOUNDATION EIN 55-0850279 · last filed 990 for 2025
- PREPASS GOVERNMENT SOLUTIONS INC EIN 46-5391041 · last filed 990 for 2025
- PODER IN ACTION INC EIN 46-2284158 · last filed 990 for 2025
- VALLEY LEADERSHIP CORPORATION EIN 86-0373283 · last filed 990 for 2025
All nonprofits in PHOENIX · Arizona · Public and societal benefit