2025-11-16T21:18:09-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 850356947 HISPANIC ASSOCIATION ON CORPORATE RESPONSIBILITY HISP 2028381042 1220 L STREET NW 701 WASHINGTON DC 20005 CID D WILSON PRESIDENT/CEO 2028381042 2025-11-16 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z CID D WILSON 1220 L STREET NW 701 WASHINGTON DC 20005 6513597 0 X WWW.HACR.ORG X 1986 DC SEE PART III, LINE 1. 13 13 18 13 0 0 10074 63500 5309357 5291812 157457 332201 21482 14507 5498370 5702020 0 0 0 0 2177398 2115984 0 0 0 3561425 4379943 5738823 6495927 -240453 -793907 5961552 5026690 2832698 2703307 3128854 2323383 X TO ADVANCE THE INCLUSION OF HISPANICS IN CORPORATE AMERICA AT A LEVEL COMMENSURATE WITH THEIR ECONOMIC CONTRIBUTIONS. 0 0 2373880 2169329 SYMPOSIUM AND CONFERENCES HACR'S ANNUAL SYMPOSIUM GATHERS INFLUENTIAL LEADERS FROM DIVERSE FIELDS FOR DISCUSSIONS ABOUT POLICIES, PRACTICES AND TRENDS AFFECTING THE ADVANCEMENT OF HISPANIC INCLUSION IN CORPORATE AMERICA. CONFERENCE PARTICIPANTS, REPRESENTING THE MOST RESPECTED AND RECOGNIZED FORTUNE 500 COMPANIES, CONVENE FOR THE COMMON PURPOSE OF PROMOTING BEST PRACTICES, ADDRESSING CORPORATE SOCIAL RESPONSIBILITY AS IT RELATES TO HISPANIC INCLUSION IN THEIR RESPECTIVE ORGANIZATIONS, AND EXPLORING THE PRESENT AND FUTURE ROLES OF HISPANICS AS CORPORATE AND COMMUNITY LEADERS. HACR'S 2024 SYMPOSIUM WAS ONLY HOSTED IN PERSON IN NYC FROM OCT. 14-16. 2210139 153482 LEADERSHIP & EDUCATIONHACR'S LATINA EMPOW(H)ER SUMMIT ("LES") CONVENES LATINA EXECUTIVES FROM FORTUNE 500 COMPANIES FOR A UNIQUE OPPORTUNITY TO DEVELOP THEIR LEADERSHIP AND MANAGERIAL SKILLS THROUGH A SERIES OF CURATED WORKSHOPS AND DISCUSSIONS. CONTENT IS DESIGNED WITH AN INTERSECTIONAL LENS, AIMING TO GIVE VISIBILITY TO THE UNIQUE AND SHARED EXPERIENCES WITHIN LEADERSHIP POSITIONS FOR INDIVIDUALS WHO IDENTIFY AS FEMALE AND LATINA. ATTENDEES ARE ALSO ENCOURAGED TO EXPLORE SELF-CARE PRIORITIES THROUGH WELLNESS-FOCUSED ACTIVITIES. HACR'S 2024 LES WAS HOSTED IN DALLAS FOR AN IN PERSON AUDIENCE FROM MARCH 11-14.HACR'S EXECUTIVE PROGRAMS ("EP") - EP IS AN EDUCATIONAL OFFERING COMBINING HACR'S CORPORATE EXECUTIVE FORUM AND CORPORATE DIRECTORS FORUM CONFERENCES. THE CONSOLIDATION OF THESE TWO CONFERENCES WAS A PROGRAMMATIC READJUSTMENT RESPONDING TO THE 2020 GLOBAL PANDEMIC. THE REDESIGNED CONVENING OFFERS EDUCATIONAL LEADERSHIP DEVELOPMENT SESSIONS PRESENTED BY CEOS, CORPORATE BOARD DIRECTORS, DIVERSITY AND INCLUSION PROFESSIONALS, AND HISPANIC EXECUTIVES. THEY SHARE THEIR OWN EXPERIENCES WORKING IN CORPORATE AMERICA, REVEAL HOW ONE CAN POSITION ONESELF FOR SUCCESS, AND DISCUSS BEST PRACTICES RELATED TO HISPANIC INCLUSION AND EXECUTIVE LEADERSHIP. HACR'S 2024 EP WAS HOSTED IN ATLANTA ON JUNE 10-12 FOR AN IN-PERSON AUDIENCE.THE HACR LEADERSHIP PIPELINE PROGRAM ("LPP") WAS CREATED TO PROVIDE FORTUNE 500 COMPANIES A FORUM TO DEVELOP MID AND UPPER-LEVEL HISPANIC EXECUTIVES. THIS PROGRAM EXPANDS OPPORTUNITIES FOR HIGH-POTENTIAL TALENT TO NETWORK AND DEVELOP LEADERSHIP AND MANAGERIAL SKILLS TO TAKE THEM TO THE NEXT LEVEL AND POSITIVELY IMPACT THEIR RESPECTIVE COMPANIES. HACR'S 2024 LPP WAS HOSTED IN TEXAS ON OCTOBER 28-30 FOR A HYBRID (IN-PERSON AND VIRTUAL) AUDIENCE.THE HACR YOUNG HISPANIC CORPORATE ACHIEVERS PROGRAM ("YHCA") RECOGNIZES YOUNG EXECUTIVES IN CORPORATE AMERICA WHO HAVE SHOWN LEADERSHIP QUALITIES AT THEIR RESPECTIVE COMPANIES ALONG WITH A PROVEN COMMITMENT TO THE HISPANIC COMMUNITY. YHCA IS A NOMINATION-BASED PROGRAM FOR YOUNG PROFESSIONALS WHO IDENTIFY AS HISPANIC, BETWEEN THE AGES OF 25 AND 40, AND WORKING FOR FORTUNE 500 AND/OR HACR CORPORATE MEMBER COMPANIES. PARTICIPANTS COMPLETE AN INTENSIVE, TWO-MONTH LEADERSHIP DEVELOPMENT, EDUCATION, AND TRAINING CURRICULUM WITH VIRTUAL AND IN-PERSON COMPONENTS. THE 2024 HACR YHCA COHORT WAS HOSTED FROM MARCH 2024 TO JUNE 2024.HACR'S ADVANCING LATINO LEADERSHIP ("ALL") PROGRAM IS A CUSTOM DESIGNED OFFERING THAT DELIVERS A CAREER ADVANCEMENT EXPERIENCE FOCUSED ON THE LEADERSHIP CAPABILITIES, KNOWLEDGE, TOOLS, RESOURCES, MINDSET AND THE SKILLS NEEDED TO ADVANCE AT A SPECIFIC COMPANY. IT ALSO ALIGNS CONTENT AND CURRICULUM WITH THE DIVERSITY, EQUITY AND INCLUSION GOALS AND OBJECTIVES OF THE COMPANY. THE PROGRAM IS DESIGNED TO SPOTLIGHT LEADERSHIP EXPERIENCES AND PERSPECTIVES OF EXECUTIVES WHO IDENTIFY AS HISPANIC, AND USES DATA, TRENDS AND EXAMPLES OF LEADERSHIP BEST PRACTICES THROUGH AN AFFINITY-BASED LENS. THIS PROGRAM IS OFFERED ON-DEMAND, PRIMARILY THROUGH VIRTUAL CONTENT DELIVERY, THROUGHOUT THE YEAR.HACR'S LEARNING AND DEVELOPMENT OFFERINGS, LAUNCHED IN 2021, FOCUS ON CREATING EDUCATIONAL AND AFFINITY-BASED INTERACTIVE WORKSHOPS FOR CORPORATE LEADERSHIP TEAMS AND INDIVIDUAL EMPLOYEES CENTERED AROUND DIVERSITY, EQUITY, AND INCLUSION IN THE WORKPLACE. ALL CONTENT ADDRESSES THE LATINX EXPERIENCE OR CONTEXT FOR THE TOPIC ADDRESSED. 285160 2969001 MEMBERSHIPIN 2024 HACR HAD APPROXIMATELY 97 CORPORATE MEMBERS. THERE WERE THREE CLASSIFICATIONS OF MEMBERSHIP: VANGUARDIA MEMBER WITH ANNUAL DUES OF $50,000. GENERATIONS MEMBER WITH ANNUAL DUES OF $30,000, AND ASSOCIATE MEMBER WITH ANNUAL DUES OF $20,000. HACR PROVIDES A PLATFORM FOR ITS MEMBERS TO DISCUSS AND IDENTIFY EFFECTIVE STRATEGIES, MODELS, TOOLS AND DATA FOR ACHIEVING GREATER INCLUSION AND PARTICIPATION OF HISPANICS IN THE AREAS OF EMPLOYMENT, PROCUREMENT, PHILANTHROPY, AND GOVERNANCE. 284591 OTHER PROGRAM SERVICES THE HACR INCLUSION GALA LAUNCHED IN 2023. IT IS AN EVENT INTENDED TO HONOR OUTSTANDING INDIVIDUALS AND COMPANIES WHO HAVE DEMONSTRATED EXCELLENCE IN PROMOTING THE POWER OF HISPANIC INCLUSION IN CORPORATE AMERICA THROUGH THEIR SUSTAINED DEDICATION. IN 2023, HACR NAMED HONOREES IN THE FOLLOWING CATEGORIES: DIRECTOR OF THE YEAR, INCLUSION CHAMPION OF THE YEAR, EXECUTIVE OF THE YEAR, AND CORPORATION OF THE YEAR. THE HACR INCLUSION GALA TOOK PLACE ON OCT. 15, 2024, IN NEW YORK, NY WITH AN IN-PERSON AUDIENCE.HACR CONDUCTS AND PUBLISHES INDEPENDENT RESEARCH ON ISSUES IMPACTING THE HISPANIC COMMUNITY IN THE UNITED STATES AND PUERTO RICO. IT'S HACR CORPORATE INCLUSION INDEX ("CII") IS ITS LONGEST STANDING RESEARCH STUDY MEASURING TRENDS AND CHANGES IN HISPANIC INCLUSION IN FORTUNE 500 COMPANIES. THE STUDY'S RESULTS ARE PUBLISHED ANNUALLY IN THE CII REPORT, WHICH FEATURES THE FINDINGS OF HISPANIC INCLUSION ACROSS CORPORATE AMERICA. THE SURVEY RESULTS ARE A CRUCIAL PART OF HACR'S ACCOUNTABILITY STRATEGY, ALLOWING FOR THE EVALUATION OF CORPORATIONS' PRACTICES IN FOUR AREAS OF SOCIAL AND ECONOMIC RECIPROCITY: EMPLOYMENT, PROCUREMENT, PHILANTHROPY, AND GOVERNANCE. HACR MAY ALSO CONDUCT RESEARCH ON A VARIETY OF OTHER TOPICS DEEMED APPROPRIATE AND RELEVANT TO UNDERSTANDING THAT STATE OF HISPANIC INCLUSION IN CORPORATE AMERICA. 284591 5153770 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 20 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X CID WILSON 2028381042 1220 L STREET NW 701 WASHINGTON DC 20005 RAMIRO CAVAZOS BOARD CHAIR 1.00 X X 0 0 0 THOMAS SAVINO VICE CHAIR 1.00 X X 0 0 0 DELIA DE LA VARA TREASURER 1.00 X X 0 0 0 MARCO DAVIS SECRETARY 1.00 X X 0 0 0 AMY HINOJOSA MEMBER 1.00 X 0 0 0 MARY ANN GOMEZ ORTA MEMBER 1.00 X 0 0 0 DAVID RODRIGUEZ MEMBER 1.00 X 0 0 0 DR JUAN ANDRADE MEMBER 1.00 X 0 0 0 LENA HERNANDEZ MEMBER 1.00 X 0 0 0 IGNACIO SALAZAR MEMBER 1.00 X 0 0 0 SUZANNA WOLFE MEMBER 1.00 X 0 0 0 ROGER ROCHA JR MEMBER 1.00 X 0 0 0 GABRIELA MUSIET MEMBER 1.00 X 0 0 0 CID WILSON PRESIDENT AND CEO 40.00 X 259881 0 26080 LISETTE GARCIA EVP & CHIEF OPERATING OFFICER 40.00 X 202337 0 22746 SYLVIA PEREZ CASH TO 082024 EVP & CHIEF OPERATING OFFICER 40.00 X 138173 0 477 YAINDHY VARGAS VP, STRATEGIC INITIATIVES 40.00 X 147342 0 12551 VANESSA BOWLING AJAVON VP, EXECUTIVE PROGRAMS 40.00 X 144842 0 7903 892575 0 69757 5 0 1 0 YOUR PART-TIME CONTROLLER LLC 1600 MARKET ST STE 3425 PHILADELPHIA PA 19103 ACCOUNTING SERVICES 102362 1 63500 30000 63500 MEMBERSHIP DUES 900099 2969001 2969001 CONFERENCE 900099 2169329 2169329 PRESENTATION AND TRAINING 900099 153482 153482 5291812 78300 78300 5500 0 5500 5500 5500 1065478 811577 253901 253901 253901 MISCELLANEOUS INCOME 900099 6113 6113 C.C. PROCESSING FEES 900099 2894 2894 9007 5702020 5291812 0 346708 649694 309293 340401 1122365 1085209 37156 49649 45510 4139 159357 134576 24781 134919 107236 27683 5586 294 5292 136241 7175 129066 31729 31729 92133 72797 19336 66540 29679 36861 160137 107937 52200 5731 4515 1216 207559 163511 44048 760100 635621 124479 2469195 2158887 310308 343 343 48401 29040 19361 12649 12649 DUES & SUBSCRIPTIONS 164675 128491 36184 SECURITY SERVICES 116576 116550 26 PAYROLL FEES 57869 3048 54821 BAD DEBT 27590 27590 16889 14401 2488 6495927 5153770 1342157 0 658950 773441 509375 134996 10000 429394 229998 435477 484759 465625 238194 271807 227431 2030911 1740384 254548 244248 1361090 1191433 5961552 5026690 420610 505400 618880 620347 1793208 1577560 2832698 2703307 X 1798578 1169555 1330276 1153828 3128854 2323383 5961552 5026690 -793907 -11564 0 X 0 1 X 1 0 X 170452 16594 80158 10074 63500 340778 2904136 3792913 4449156 5309357 5291812 21747374 3074588 3809507 4529314 5319431 5355312 22088152 0 665310 211493 1244108 1249054 1165385 4535350 665310 211493 1244108 1249054 1165385 4535350 17552802 105980 89599 78082 91611 83800 449072 105980 89599 78082 91611 83800 449072 3927 10474 23775 11134 9007 58317 3184495 3909580 4631171 5422176 5448119 22595541 0.77680 0.78340 0.01990 0.02310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1330276 159186 320030 15605 1153827 1507293 139870 300000 16887 1330276 1612430 -88370 16767 1507293 1394137 218293 1612430 1297256 96881 1394137 0.00000 0.99000 0.01000 0 0 330400 114033 216367 56767 48135 8632 78458 76026 2432 227431 SECURITY DEPOSIT 41225 RIGHT-OF-USE ASSET 1150208 1191433 LEASE LIABILITY 1577560 1577560 5658727 -11564 -11564 5670291 31729 31729 5702020 6464198 0 6464198 31729 31729 6495927 PART V, LINE 4: THE CORPORATE EXECUTIVE PROGRAMS, WHICH PROVIDES SENIOR HISPANIC CORPORATE EXECUTIVES A FORUM TO DISCUSS BUSINESS ISSUES, CHALLENGES, AND SOLUTIONS. X X X 1 0 0 0 0 0 0 1 0 CID WILSON PRESIDENT AND CEO 259881 0 0 0 0 0 12976 0 13104 0 285961 0 0 0 LISETTE GARCIA EVP & CHIEF OPERATING OFFICER 194837 0 7500 0 0 0 9736 0 13010 0 225083 0 0 0 YAINDHY VARGAS VP, STRATEGIC INITIATIVES 141880 0 5462 0 0 0 7089 0 5462 0 159893 0 0 0 VANESSA BOWLING AJAVON VP, EXECUTIVE PROGRAMS 139380 0 5462 0 0 0 7092 0 811 0 152745 0 0 0 PART I, LINE 4A SYLVIA PEREZ CASH RECEIVED A SEVERANCE PAYMENT OF $15,385 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUSES IN 2024, BASED ON MERIT: YAINDHY VARGAS $5,462 LISETTE GARCIA $7,500 VANESSA BOWLING AJAVON $5,642 JOHN VILLAMIL-CASANOVA BOARD MEMBER 5500 SEE BELOW 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 50000 SEE BELOW 0 SCHEDULE L, PART IV: ON DECEMBER 1, 2015, HACR ENTERED INTO A SUBLEASE AGREEMENT WITH ASPIRA ASSOCIATION, INC. WHEREBY ASPIRA SUBLEASES SPACE FROM HACR AT THE SAME AMOUNT AS HACR PAYS THE LANDLORD FOR THE SPACE. THE PRESIDENT AND CEO OF ASPIRA IS ALSO A FORMER MEMBER OF HACR'S BOARD OF DIRECTORS. THE LEASE TERM IS ON A MONTH-TO-MONTH BASIS. FOR THE YEAR ENDED DECEMBER 31, 2024, RENT PAYMENTS FROM ASPIRA TOTALED $5,500THE ORGANIZATION RECEIVED A $50,000 DUES PAYMENT FROM A SUBSTANTIAL CONTRIBUTOR FOR TAX YEAR 2024. X AIRLINE VOUCHERS FOR DOMESTIC BUSINESS FLIGHTS 1 30000 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT/CEO FOR CONSISTENCY AND ACCURACY. ONCE IT IS APPROVED IT CAN BE FILED WITH THE IRS. THE COMPLETE COPY OF THE FILED FORM 990 WILL BE DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS FOR THE PURPOSE OF DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE CHAIR OF THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND WILL REPORT TO THE FULL BOARD WHEN ALL DISCLOSURES HAVE BEEN COMPLETED AND WHETHER ANY POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. FAILURE BY A DIRECTOR TO COMPLETE AN ANNUAL DISCLOSURE MAY BE CAUSE FOR REMOVAL FROM THE BOARD OF DIRECTORS. ANY DIRECTOR WHO BELIEVES HE OR SHE MAY HAVE SUCH A CONFLICT OF INTEREST NOTIFIES THE BOARD PRIOR TO DELIBERATION ON THE MATTER IN QUESTION, AND THE BOARD MAKES THE FINAL DETERMINATION AS TO WHETHER ANY DIRECTOR HAS A CONFLICT OF INTEREST IN ANY MATTER. THE MINUTES OF THE BOARD MEETING SHALL REFLECT DISCLOSURE OF ANY CONFLICT OF INTEREST AND THE RECUSAL OF THE INTERESTED DIRECTOR. IN THE EVENT ANY DIRECTOR HAS A CONFLICT OF INTEREST THAT MIGHT PROPERLY LIMIT SUCH DIRECTOR'S FAIR AND IMPARTIAL PARTICIPATION IN BOARD DELIBERATIONS OR DECISIONS, SUCH DIRECTOR INFORMS THE BOARD AS TO THE CIRCUMSTANCES OF SUCH CONFLICT. IF THOSE CIRCUMSTANCES REQUIRE THE NONPARTICIPATION OF THE AFFECTED DIRECTOR, THE BOARD MAY NONETHELESS REQUEST FROM THE DIRECTOR ANY APPROPRIATE NON CONFIDENTIAL INFORMATION WHICH MIGHT INFORM ITS DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATION HAS A COMPENSATION POLICY THAT CONSISTS OF UTILIZING COMPARABILITY DATA, REVIEW AND APPROVAL BY INDEPENDENT PARTIES, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THIS PROCESS IS DONE ANNUALLY. THE LAST TIME A COMPENSATION REVIEW WAS PERFORMED WAS IN NOVEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.