Nonprofit · EIN 94-3040607
HISPANICS IN PHILANTHROPY
Tax-exempt · SAN FRANCISCO, CA 94104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,408,332 | $13,333,593 | -$6,925,261 | $17,296,226 | $3,552,394 | $13,743,832 |
| December 31, 2023 | 990 | $15,078,212 | $18,914,781 | -$3,836,569 | $25,856,775 | $5,410,065 | $20,446,710 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,741,537
- Membership dues
- $812,948
- Program service revenue
- $1,288,026
- Investment income
- $378,769
- Net gain from sales of assets
- $11,938
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,382,680
- Compensation of officers, directors and key employees
- $796,407
- Other salaries and wages
- $3,181,681
- Salaries, compensation and benefits (total)
- $4,848,751
- Professional fundraising fees
- $234,684
- Legal fees
- $23,520
- Accounting fees
- $181,941
- Occupancy
- $64,069
- Travel
- $1,466,417
- Depreciation
- $124,865
- Program services (functional)
- $10,111,460
- Management and general (functional)
- $1,881,467
- Fundraising (functional)
- $1,340,666
Balance sheet and other
- Total assets, start of year
- $25,856,775
- Total assets, end of year
- $17,296,226
- Total liabilities, end of year
- $3,552,394
- Net assets, end of year
- $13,743,832
- Land, buildings and equipment
- $123,282
- Publicly traded securities
- $9,894,586
- Net assets without donor restrictions
- $6,744,049
- Net assets with donor restrictions
- $6,999,783
- Gross receipts
- $34,099,513
- Employees
- 38
- Volunteers
- 32
- Year formed
- 1981
- State of legal domicile
- CA
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 |
|---|---|---|---|---|
| ANA MARIE ARGILAGOS | PRESIDENT & CEO Trustee or director, Officer | 40 | $328,947 | $30,500 |
| ALICE HOM | EXECUTIVE DIR., CHANGE PHILANTHROPY Highest-paid employee | 40 | $202,762 | $50,528 |
| JAZMIN CHAVEZ | VP, PROGRAMS Key employee | 40 | $161,452 | $62,928 |
| HEIDY GIL | CFO, THRU 11/24 Officer | 40 | $207,088 | $5,492 |
| JORGE CALDERON | MANAGING DIRECTOR Highest-paid employee | 40 | $203,011 | $8,120 |
| BRENDA VADEN | VP, PARTNERSHIPS AND DEVELOPMENT Highest-paid employee | 40 | $150,515 | $34,314 |
| HILDA VEGA | VP OF PHILANTHROPIC PRACTICE Highest-paid employee | 40 | $155,812 | $23,181 |
| LAURA LEMUS | DIRECTOR, FUNDER ENGAGEMENT Highest-paid employee | 40 | $127,365 | $22,744 |
| CATTERINA OLAZABAL | FORMER CFO Former | 40 | $139,813 | $8,359 |
| SHAWN ESCOFERY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTINE SWITZER | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MIDY APONTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELI VELASQUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HILDA POLANCO | TREASURER, THRU 11/24 Trustee or director, Officer | 2 | $0 | $0 |
| EFRAIN ESCOBEDO | EMERITUS CHAIR Trustee or director, Officer | 2 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HECTOR MUJICA | CHAIR Trustee or director, Officer | 1 | $0 |
| MARCO DAVIS | AT LARGE OFFICER Trustee or director | 1 | $0 |
| TONY MESTRES | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIA PESQUEIRA | SECRETARY Trustee or director, Officer | 2 | $0 |
| JONATHAN JAYES-GREEN | BOARD MEMBER Trustee or director | 1 | $0 |
| RAUL MOAS | TREASURER Trustee or director, Officer | 2 | $0 |
| ICELA PELAYO | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIBEL CIFUENTES | BOARD MEMBER Trustee or director | 1 | $0 |
| CECILIA GARZA | BOARD MEMBER Trustee or director | 1 | $0 |
| MANUEL SANTAMARIA | BOARD MEMBER Trustee or director | 1 | $0 |
| DON CHEN | BOARD MEMBER Trustee or director | 1 | $0 |
| PILAR PARAS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROSA MARIA CASTANEDA | BOARD MEMBER Trustee or director | 1 | $0 |
| SAUL VALDEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| PEDRO ABRAMOVAY | BOARD MEMBER Trustee or director | 1 | $0 |
| CIELO CASTRO | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHANIE VALENCIA | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANA MARIE ARGILAGOS | PRESIDENT & CEO Trustee or director, Officer | 40 | $303,889 | $11,585 |
| CATTERINA OLAZABAL | CHIEF FINANCIAL OFFICER Officer | 40 | $207,336 | $30,951 |
| JORGE CALDERON | MANAGING DIRECTOR Highest-paid employee | 40 | $183,246 | $673 |
| JAZMIN CHAVEZ | VP OF PUBLIC AFFAIRS Key employee | 40 | $167,999 | $7,747 |
| ALICE HOM | EXECUTIVE DIRECTOR, CHANGE PHILANTHROPY Highest-paid employee | 40 | $157,692 | $13,893 |
| BRENDA VADEN | DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $132,348 | $16,149 |
| TENAJA JORDAN | RESEARCH AND COMMS DIRECTOR Highest-paid employee | 35 | $125,404 | $6,804 |
| ELIZABETH GHORMLEY | OPERATIONS AND CONVENING DIRECTOR Highest-paid employee | 35 | $125,404 | $6,679 |
| EFRAIN ESCOBEDO | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTINE SWITZER | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| HILDA POLANCO | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DON CHEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARCO DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN JAYES-GREEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MANNY SANTAMARIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELI VELASQUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SAUL VALDEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA SOCORRO PESQUEIRA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ICELA PELAYO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PILAR PARAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HECTOR MUJICA | AT-LARGE OFFICER Trustee or director | 2 | $0 | $0 |
| TONY MESTRES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CECILIA GARZA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHAWN ESCOFFERY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARIBEL CIFUENTES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROSA MARIA CASTANEDA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIDY APONTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 548 MARKET STREET 60300, SAN FRANCISCO, CA 94104-5401
- Principal officer (990 for 2024)
- ANA MARIE ARGILAGOS, 548 MARKET STREET 60300, SAN FRANCISCO, CA 94104
- Signed the 990
- ANA MARIE ARGILAGOS, PRESIDENT
- Phone
- (415) 837-0427
- Website
- WWW.HIPFUNDS.ORG
- Return prepared by
- CLARK NUBER PS
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3040607 or by the name HISPANICS IN PHILANTHROPY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
HISPANICS IN PHILANTHROPY LEVERAGES PHILANTHROPIC RESOURCES TO MOBILIZE AND AMPLIFY THE POWER OF OUR COMMUNITIES. HIP IS AN IMPACT CATALYST RESHAPING THE LATINX FUTURE. SINCE 1981, WE'VE BEEN LEADING THE LARGEST TRANSNATIONAL NETWORK STRENGTHENING LATINX LEADERSHIP AND INFLUENCE, AND DRIVING PHILANTHROPIC RESOURCES INTO THE COMMUNITY TO BUILD A BETTER WORLD.
Program accomplishments
- HIP GRANT MAKING WORKS WITH A NUMBER OF PARTNERS TO PROVIDE GRANTS TO ORGANIZATIONS IN THE US, LATAM, AND THE CARIBBEAN DOING WORK TO EDUCATE AND SUPPORT LOCAL COMMUNITIES.Expenses $2,726,531 · grants $1,990,734
- INICIO VENTURES IS A PROGRAM WITH A THREE PILLAR APPROACH OF INVESTING, DEVELOPING AND CONNECTING STARTUPS.Expenses $1,257,209 · grants $90,000
- HIPGIVE IS A BILINGUAL PLATFORM OF DIGITAL TOOLS THAT MAKES IT POSSIBLE TO MOBILIZE RESOURCES FOR SOCIAL IMPACT PROJECTS THROUGHOUT THE AMERICAS. THROUGH OUR SUITE OF INNOVATIVE TOOLS INCLUDING CROWDFUNDING CAMPAIGNS, PERMANENT DIGITAL CAMPAIGNS, PEER TO PEER GIVING AND DIGITAL GIVING CIRCLES, PEOPLE AND ORGANIZATIONS COME TOGETHER TO CREATE COMMUNITY AND MAKE AN IMPACT IN THE WORLD.Expenses $393,521 · grants $238,142
- SUPPORT HISPANICS IN PHILANTHROPY'S MISSION AND VALUES: INCLUDING OUR MEMBER NETWORK, ANNUAL CONFERENCE, AND LDERES FELLOWSHIP.Expenses $5,734,199 · grants $2,063,804 · revenue $1,288,026
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
- 94-3040607
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $17,296,226
- Income (IRS master file)
- $34,099,513
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,408,332 | $13,333,593 | $17,296,226 | IRS |
| 990 | December 2023 | $15,078,212 | $18,914,781 | $25,856,775 | XML |
| 990 | December 2022 | $14,516,244 | $18,662,601 | $27,478,627 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 94-3040607).
Questions about HISPANICS IN PHILANTHROPY
- What is the EIN of HISPANICS IN PHILANTHROPY?
- The employer identification number (EIN) of HISPANICS IN PHILANTHROPY is 94-3040607.
- Is HISPANICS IN PHILANTHROPY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to HISPANICS IN PHILANTHROPY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HISPANICS IN PHILANTHROPY 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 HISPANICS IN PHILANTHROPY 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 HISPANICS IN PHILANTHROPY 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 HISPANICS IN PHILANTHROPY?
- The 990 for the year ended December 31, 2024 names ANA MARIE ARGILAGOS.
- Who are the officers and directors of HISPANICS IN PHILANTHROPY?
- The 990 for the year ended December 31, 2024 lists 32 people; 9 received compensation from the organization, the highest $328,947 (ANA MARIE ARGILAGOS, PRESIDENT & CEO).
- How much revenue does HISPANICS IN PHILANTHROPY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,408,332, expenses of $13,333,593 and total assets of $17,296,226 at year end.
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