2025-05-13T17:15:00-05:00 2024-06-30 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2023-07-01 232552707 Nueva Esperanza Inc % ARTEMIO RODRIGUEZ NUEV 2153240746 4261 North 5th Street Philadelphia PA 19140 LUIS CORTES JR PRESIDENT & CEO 2156240746 2025-05-15 true true ERIC M STRAUSS P00991844 2155462140 2023 2025-03-06 01:10:19Z LUIS CORTES JR 4261 North 5th Street Philadelphia PA 19140 14160091 false X www.esperanza.us X 1988 PA ORGANIZATION DEVELOPMENT, HIGHER EDUCATION, COORDINATION OF NATIONAL PROGRAMS AND CAPACITY BUILDING OF HISPANIC FAITH AND COMMUNITY BASED ORGANIZATIONS. 12 11 130 11 0 6665635 7153095 6383395 6463328 68076 185885 337509 357783 13454615 14160091 1750882 2025116 0 0 5100694 6720684 0 0 506241 6154759 6921837 13006335 15667637 448280 -1507546 44544879 53277636 28046825 38286213 16498054 14991423 X THE ORIGINAL MISSION OF NEI WAS TO PROVIDE SUPPORT TO THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA THROUGH COMMUNITY DEVELOPMENT. OVER THE PAST 31 PLUS YEARS, NEI HAS GROWN TO ENCOMPASS LOCAL AND NATIONAL WORK. WITH A STRONG LOCAL COMMUNITY DEVELOPMENT PRESENCE, MULTIPLE EDUCATIONAL INSTITUTIONS, AND ADVOCACY AND CAPACITY BUILDING INITIATIVES TAKING PLACE WITHIN A ROBUST NATIONAL NETWORK OF OVER 13,000 CLERGY, CONGREGATIONS, OVER 500 FAITH-BASED ORGANIZATIONS AND HUNDREDS OF COMMUNITY LEADERS, NEI NOW SERVES A BROAD CONSTITUENCY IN A VARIETY OF CAPACITIES. false false 5145721 1654554 EDUCATION - ESPERANZA COLLEGE, A BRANCH CAMPUS OF EASTERN UNIVERSITY, IS THE ONLY HISPANIC SERVING INSTITUTION (HSI) IN PA AND THE ONLY PROGRAM OF ITS KIND IN THE COUNTRY WHERE STUDENTS STUDY IN SPANISH, WHILE LEARNING ENGLISH. UPON EARNING THEIR ASSOCIATE DEGREES, STUDENTS ARE PREPARED TO TRANSFER TO FOUR-YEAR COLLEGES AND UNIVERSITIES. 1719043 2025116 4508230 NATIONAL - ESPERANZA WORKS PARTIALLY AS AN INTERMEDIARY BETWEEN GOVERNMENT AGENCIES AND HISPANIC FAITH AND COMMUNITY-BASED ORGANIZATIONS. TOGETHER WITH OVER 10,000 HISPANIC CHURCHES AND ORGANIZATIONS, ESPERANZA HAS EMERGED AS A LEADING VOICE FOR HISPANICS OF FAITH IN THE NATION. ESPERANZA HAS SEVERAL NATIONAL INITIATIVES THAT CONTINUE THE WORK OF NUEVA ESPERANZA, INC. ON A NATIONAL SCALE, SERVING THE NEEDS OF THE HISPANIC COMMUNITY AS WELL AS STRENGTHENING THE WORK OF HISPANIC FAITH-BASED ORGANIZATIONS. 223871 300544 IMPACTO ADS - ESPERANZA PROVIDES THE HISPANIC COMMUNITY WITH RELEVANT INFORMATION AND CONTENT TO PROMOTE COMMUNITY CULTURAL, EDUCATIONAL, AND ECONOMIC GROWTH. 279674 0 0 Housing & Economic impact 140013 0 0 EMPLOYEE TRAINING 419687 0 0 7508322 true true false true false false false false false false true false false true true true true true false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 141 0 true 130 true false false false false false false false false false false false false X 12 11 true false false false false true true true true false true true true true true true true true true true false PA X ARTEMIO RODRIGUEZ 2153240746 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 X REVEREND LUIS CORTES JR PRESIDENT & CEO 40.0 0.0 X X 396023 0 86014 REVEREND DANNY CORTES EXEC. VP/CHIEF OF STAFF 40.0 0.0 X 256777 0 17516 WALTER TOLIVER SR. VP/GENERAL COUNCIL 40.0 0.0 X 194625 0 22030 Christine Nieves Senior Vice President of Devel 40.0 0.0 X 129980 0 26119 Martha A Fisher Legal Counsel 40.0 0.0 X 131139 0 19466 WILLIAM RHODES SR. VP, ESPERANZA ARTS CENTER 40.0 0.0 X 136826 0 2797 Marli D Nascimiento FACILITIES DIRECTOR 40.0 0.0 X 117127 0 12540 JUDITH TORRES - LYNCH CHAIR 2.0 2.0 X X 0 0 0 REV BONNIE CAMARDA VICE CHAIR 2.0 0.0 X X 0 0 0 JUAN LOPEZ TREASURER 2.0 0.0 X X 0 0 0 JOSUE FIGUEROA SECRETARY 2.0 0.0 X X 0 0 0 William Smith BOARD MEMBER 2.0 0.0 X 0 0 0 Tiffany Taveraz BOARD MEMBER 2.0 0.0 X 0 0 0 RONALD GILG BOARD MEMBER 2.0 0.0 X 0 0 0 Martin Droz BOARD MEMBER 2.0 0.0 X 0 0 0 Tom Caramanico BOARD MEMBER 2.0 0.0 X 0 0 0 Gilbert Alfaro BOARD MEMBER 2.0 0.0 X 0 0 0 BETH MORALES SINGH BOARD MEMBER 2.0 0.0 X 0 0 0 1362497 0 186482 8 false true false YOUR PART-TIME CONTROLLER LLC 1500 WALNUT STREET SUITE 1200 PHILADELPHIA PA 19102 Accounting 610439 MCALLISTER AND QUINN LLC 1625 EYE STREET NW SUITE 750 WASHINGTON DC 20006 CONSULTING SERVICE 108000 2 100000 1314785 3692850 2045460 7153095 MANAGEMENT FEES 813219 4508230 4508230 PROGRAM SERVICE REVENUE 813219 1654554 1654554 NEWSPAPER REVENUE (IMPACTO ADS) 511110 300544 300544 6463328 185885 185885 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 813219 357783 357783 357783 14160091 6821111 185885 2025116 2025116 0 0 0 859489 859489 0 4748768 2230331 2238111 280326 110448 48034 55497 6917 652720 336186 268126 48408 349259 151896 175491 21872 0 2655 193 2280 182 279050 20344 239605 19101 0 0 0 1455622 106251 1249861 99510 0 646161 914889 -280710 11982 0 0 1382029 1063651 303353 15025 46109 28235 17081 793 0 193251 52094 139032 2125 236621 306 236315 0 111794 74648 37146 453890 364155 89735 PROGRAM COSTS 1159478 193931 965547 OTHER OPERATING EXPENSES 813657 -243458 1057115 BAD DEBT EXPENSE 141520 141520 15667637 7508322 7653074 506241 X 1230433 4889354 9027586 9215369 1058436 1584522 3448105 2166638 0 0 0 0 558872 12081272 0 0 110742 123038 2890133 1303684 1680392 1586449 0 0 0 0 0 0 0 0 27430313 21630994 44544879 53277636 683830 1444362 0 0 0 730524 0 0 0 0 0 0 3644702 13171197 0 0 23718293 22940130 28046825 38286213 X 10056093 9187229 6441961 5804194 16498054 14991423 44544879 53277636 -1507546 915 X X false true X true true true X 4397208 6465914 5631539 6665635 7153095 30313391 0 0 4397208 6465914 5631539 6665635 7153095 30313391 5334194 24979197 3874 5220 10291 68076 185885 273346 0 52136 206967 309743 337509 357783 1264138 31850875 30301134 0.78426 0.82910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true false true 46549 46549 false Schedule C, Part II-B, Line 1G/1I Payment to consultants to provide and keep management apprised of the latest legislative developments as they affect the organization. In addition, communication is warranted with legislative bodies on behalf of the organization and its mission. 1740746 226240 1514506 341130 297458 43672 808257 779986 28271 1586449 RIGHT OF USE ASSET 12759054 DUE FROM RELATED PARTIES 8758114 SECURITY DEPOSITS 112326 ESCROW DEPOSIT 1500 21630994 0 LEASE LIABILITY 13240624 DUE TO RELATED PARTIES 9699506 22940130 X Schedule D, Part X, Line 2 MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AT NEI AS OF THE DATE OF THE ADOPTION OR AT JUNE 30, 2024. IN ADDITION, THERE WERE NO INCOME TAX RELATED PENALTIES AND INTEREST REPORTED BY NEI FOR THE PERIODS IN QUESTION. NEI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AS WELL AS FROM THE COMMONWEALTH OF PENNSYLVANIA CORPORATE TAXES. true Centro Familia Nueva Esperanza 4680 Alamo Street Simi Valley CA 93063 680546004 501(C)(3) 77984 HOUSING COUNSELING NEWSED COMMUNITY DEVELOPMENT CORPORATION INC 901 W 10TH AVE SUITE 2A DENVER CO 80204 742275534 501(C)(3) 27919 HOUSING COUNSELING Nueva Esperanza Housing and Economic Development 4261 N 5TH STREET PHILADELPHIA PA 19410 232952060 501(C)(3) 121377 Housing Counseling HOUSING and FAMILY SERVICES OF GREATER NEW YORK 415 ALBERMARLE ROAD BROOKLYN NY 112182351 112412584 501(C)(3) 242040 HOUSING COUNSELING DETROIT HISPANIC DEVELOPMENT CORPORATION 1211 TRUMBULL DETROIT MI 48216 383355698 501(C)(3) 40622 HOUSING COUNSELING Housing Foundation of America Inc 2400 North University Drive Suite 2 Pembroke Pines FL 33024 203852230 501(C)(3) 22260 Housing Counseling 199 Hunting Park Corporation 4261 N 5th Street PHILADELPHIA PA 19140 231409675 501(C)(3) 803000 Capital Campaign GREATER SOUTHWEST DEVELOPMENT CORPORATION 2601 West 63rd Street CHICAGO IL 60629 362858304 501(c)(3) 32652 HOUSING COUNSELING OUR CASAS RESIDENT COUNCIL INC 2300 W Commerce St San Antonio TX 78207 742585308 501(c)(3) 37283 Housing Counseling Eastern University 1300 Eagle Road St Davids PA 190873696 231409675 501(c)(3) 33604 Education Sandhills Community Action Program Inc 340 Commerce Ave Southern Pines NC 28387 560854878 501(c)(3) 30101 Housing Counseling Keystone Community Development Corporation 1514 Derry Street Harrisburg PA 17104 251676654 501(c)(3) 5495 Housing Counseling By Grace Alone Church 1300 Dyre Street Philadelphia PA 19124 204423163 501(c)(3) 11256 Education/Training Casa De Gracia Inc 4312 North 5th st Philadelphia PA 19140 451055343 501(c)(3) 10050 Education/Training Iglesia de Dios Pentecostal Mizpa 401 Madison avenue Warminster PA 18974 660497143 501(c)(3) 8040 Education/Training Lighthouse Family Center 3405 N Front Street Philadelphia PA 19140 232822837 501(c)(3) 8710 Education/Training Iglesia de Dios Pentecostal La Luz Verdadera 2344 N Hancock St Philadelphia PA 19133 262859016 501(c)(3) 5628 Education/Training Iglesia Internacionbal Pena de Horeb 211 W Ontario Street Philadelphia PA 19140 472865992 501(c)(3) 6700 Education/Training ESPERANZA IMMIGRATION LEGAL SERVICES 4261 N 5TH STREET PHILADELPHIA PA 19410 300239154 501(c)(3) 150579 Education/Training 19 SCHEDULE I, PART I, LINE 2 PERFORMANCE REPORTS ARE REQUIRED FOR EACH GRANT PERIOD. X X X false false false false false false false false false REVEREND LUIS CORTES JR PRESIDENT & CEO 396023 0 0 0 0 0 69094 0 16920 0 482037 0 0 0 REVEREND DANNY CORTES EXEC. VP/CHIEF OF STAFF 256777 0 0 0 0 0 0 0 17516 0 274293 0 0 0 WALTER TOLIVER SR. VP/GENERAL COUNCIL 194625 0 0 0 0 0 0 0 22030 0 216655 0 0 0 Martha A Fisher Legal Counsel 131139 0 0 0 0 0 3636 0 15830 0 150605 0 0 0 Christine Nieves Senior Vice President of Devel 129980 0 0 0 0 0 4029 0 22090 0 156099 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE VICE PRESIDENT OF THE ORGANIZATION (REV DANNY CORTES) has a family relationship with THE PRESIDENT OF NUEVA ESPERANZA, INC. (REV LUIS CORTES). FORM 990, PART VI, SECTION B, LINE 11b THE BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY FOR A DETAILED REVIEW OF THE 990 TO THE FINANCE COMMITTEE. THE COMMITTEE REVIEWS THE 990 IN DETAIL WITH MANAGEMENT AND THE ACCOUNTING FIRM THAT PREPARES THE 990. COPIES OF THE 990 ARE DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AT LEAST 15 DAYS PRIOR TO FILING ALONG WITH A REPORT OF THE FINDINGS/CORRECTIONS IDENTIFIED BY THE COMMITTEE. MANAGEMENT AND THE ACCOUNTING FIRM ARE AVAILABLE TO ALL BOARD MEMBERS FOR CLARIFICATIONS/QUESTIONS. THE 990 IS PRESENTED WITH RECOMMENDATION OF THE FINANCE COMMITTEE AT A MEETING OF THE BOARD OF DIRECTORS FOR DISCUSSION AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12A-C ALL BOARD MEMBERS & OFFICERS ARE REVIEWED AND MONITORED ON AN ANNUAL BASIS - DUE TO THE LIMITED NUMBER OF BOARD AND OFFICERS THESE ACTIVITIES CAN BE MONITORED & EVALUATED ON A SPECIFIC CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE BOARD OF DIRECTORS IS CHARGED WITH THE RESPONSIBILITY OF APPROVING COMPENSATION OF KEY EMPLOYEES. THE COMMITTEE REVIEWS DATA ON THE COMPENSATION OF OTHER COMPARABLE POSITIONS IN SIMILAR NONPROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED PUBLIC NOTICES ARE MADE IN LOCAL NESPAPERS AND ALL PUBLIC RECORDS ARE ON SITE AND AVAILABLE FOR REVIEW. FORM 990, PART III, LINE 1 NUEVA ESPERANZA, INC SERVES TO: 1. Raise the economic, educational and social levels of poor, distressed, displaced and underprivileged Hispanic and other individuals who are substantially unemployed, underemployed or whose income is below established poverty guidelines; to foster and promote community-wide interest and concern for the problems of Hispanic and other individuals and families to end: a. Sickness, poverty, crime, spiritual and environmental degradation may be eliminated; and, b. Educational, vocational and economic opportunities may be expanded; and c. Racial and ethnic tension, prejudice and discrimination, social economic and otherwise, may be eliminated. 2. Raise the economic, educational, spiritual and social levels of Hispanic and other individuals, families, and other groups by expanding their opportunities to own, manage and operate local and/or neighborhood enterprises by providing assistance and other related support to Hispanic and other individuals and groups in developing entrepreneurial and management skills necessary for the successful operation of business enterprises and by providing assistance to Hispanic and other residents and groups in obtaining financial, managerial and development support to achieve these ends; 3. Construct, repair, rehabilitate and otherwise improve residential units and commercial facilities in the community which impact on the quality of life, safety and wellbeing of residents and groups. To make such housing available to low and moderate income Hispanics and other individuals and families through rental, ownership and corporate and cooperative ownership programs; 4. Develop specific programs of community involvement and service delivery to Hispanic and other elderly, single parent households, youth, homeless, distressed and other special sector groups which are designed to improve their quality of life, safety and general well-being; 5. Coordinate, facilitate and cooperate with agencies of local, state and Federal governments, as well as private agencies and groups to improve the quality and scope of service, care and protection offered to disadvantaged and distressed members of the community; and; 6. Conduct educational and other efforts to inform the general community about the corporation and its purpose and programs, to eliminate prejudice and discrimination in the general community while expanding economic and educational opportunities. 7. Present arts and cultural programming for the Latino community and Hunting Park residents at the Esperanza Arts Center, which serves the needs of Hispanics, and other individuals and families by improving the quality of life through the arts. Featured artists engage patrons, children, and their families through music, dance, theater, cinema, and the visual arts encouraging creativity, empathy, and compassion. IMPACTO ADS LLC 4261 N 5TH ST PHILADELPHIA PA 19140 834616079 NEWSPAPER PA 469296 518630 NEI INC Nueva Esperanza Housing & Economic Dev 4261 N 5th Street Philadelphia PA 19140 232952060 ECONOMIC DEV PA 501(C)(3) 7 NEI Inc false Esperanza Academy Charter School 4261 N 5th Street Philadelphia PA 19140 232853988 SCHOOL PA 501(C)(3) 2 NA false Artistas Y Musicos Latino Americanos 4261 N 5th Street Philadelphia PA 19140 311616972 ARTS ED. PA 501(C)(3) 7 NEI Inc false Esperanza Immigration Legal Services 4261 N 5th Street Philadlephia PA 19140 300239154 LEGAL SVCS PA 501(C)(3) 7 NEI Inc false 4530 Corporation 4261 N 5th Street Philadelphia PA 19140 233085653 ECONOMIC DEV PA 501(C)(2) N/A NEI Inc false 199 Hunting Park 4261 N 5th Street Philadelphia PA 19140 264300365 REAL ESTATE PA 501(C)(3) 10 NEI Inc false Eastern North Philadelphia Workforce Dev 4261 N 5th Street Philadelphia PA 19140 232978010 Workforce Dev PA 501(C)(3) 7 NA false ESPERANZA CYBER CHARTER SCHOOL 4261 N 5TH STREET PHILADELPHIA PA 19140 455472199 SCHOOL PA 501(C)(3) 2 NA false 322 HUNTING PARK CORP 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 822103923 REAL ESTATE PA 501(c)(2) N/A NEI Inc false LATINO ADVOCACY GROUP 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 851472091 SOCIAL WELFAR PA 501(C)(4) N/A NEI INC false ESPERANZA COMMUNITY LAND TRUST 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 845160981 CHARITABLE PA 501(C)(3) N/A NEI INC false ROBERTO CLEMENTE HOMES LP 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 384002101 HOUSING PA 3921 CORP false false 3921 CORPORATION 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 810809400 HOUSING PA NUEVA ESPERANZA C CORP 1.00000 false false true true true true false false false false false true true true false false true true false false 4530 CORPORATION 1E 1044175 COST 322 HUNTING PARK CORP 1E 898542 COST 199 HUNTING PARK 1E 155603 COST