El Centro Hispano Inc.

“Organization is a membership organization under the not-for-profit laws of new york state. Members may join the organization and vote in the election of the board of directors. The roard of directors govern the organization and their actions are not subject to specific approval of individual members.”

“Members of the non-profit organization elect the board.”

“The board of directors has not appointed sub-committees or commissions to act on its behalf. All organizational matters requiring approval are presented to the board, and in the case of an action requiring approval prior to a regularly scheduled board meeting, a special meeting of the board is arranged.”

“Drafts of the financial statements and form 990 were included for review and approval at a regularly scheduled board of trustees meeting. The executive director and deputy executive director were authorized to sign the returns. The form 990 return is also available on www.guidestar.org.”

“Annually the board of directors reviews the executive director and assistant exectutive director's compensation. Salary information about compensation of similar organizations is accumulated and considered by the board, along with the limited resources of the organization that are available for operations. The board's final decision is documented in the minutes of the board meeting.”

“The organization makes its documents available for public inspection upon request at its corporate offices at 346 south lexington avenue white plains ny 10606”

“In the recent past, el centro hispano was fortunate to have a generous donor, mrs. Patricia lanza, who gave several large gifts for the support of the organization and its programs. We set aside a portion of these gifts, which were given to ensure el centro hispano's "overall health" and "provide gap funding to cover shortfalls caused by funding cutbacks or a decrease in overall contributions." mrs. Lanza was an important person in the history of our organization. With her support and encouragement, el centro was able to develop several programs that are meeting the needs of our community. These include mi hermana mayor/my older sister, our mentoring/tutoring program for 6th graders who work with college students. Mrs. Lanza also vastly expanded support of the el centro scholarship fund, increasing the number and amount of scholarships that el centro would not otherwise have been able to afford. The demand for our academic support programs, safety net referral services, and our computer classes for adults continues to grow, and we would like to serve more people, but our funding streams from government, foundations and individual donors are always fluctuating. The reserve fund we have built ensures that these programs can continue without interruption. El centro hispano has a culture of financial responsibility and volunteerism that enables it to identity critical services needed by the community and develop critical, timely responses. It was these qualities that attracted the generosity of mrs. Lanza, who drove our growth of services much farther than we could have envisioned. We are grateful to mrs. Lanza, who passed away suddenly in 2014. Because of her foresight, we are a stable organization, here in the community for the long term, with resources to draw on as we seek to strengthen our development function to find additional supporters.”