Latino Arte and Culture

“Mario Delarosa (Executive Director and Board chair) has a family relationship with Annamaria Cavallone (Programming director and Treasurer).”

“Due to timing constraints and the organization's realization that the Form 990 was being finalized later than expected, the return was not distributed to board members before filing this year. The organization recognizes the importance of board review and has committed to ensuring that the completed return is promptly shared with all board members once finalized. Moving forward, the organization will establish a formal review timeline that includes notifying board members of deadlines, providing them with a draft copy of the return in advance, and allowing sufficient time for feedback before submission to the IRS.”

“The compensation of the Executive Director, Mario Delarosa, was reviewed and approved by the organization's governing body. The Executive Director was not present for, and did not participate in, the discussion or vote regarding his compensation, to avoid any conflict of interest. In determining compensation, the governing body reviewed comparative data for similarly qualified individuals in functionally comparable positions at similarly situated nonprofit organizations. The governing body unanimously approved an Executive Director's compensation of $6,000 per month. This decision was made on November 2, 2025, and the deliberations and approval were contemporaneously documented in the board meeting minutes.”

“The organization's conflict of interest policy is incorporated into its bylaws and is made available to the public upon request. While the organization is in the process of enhancing transparency by working to publish its financial statements on its website, these statements are currently available upon request during the tax year. The organization's governing documents are likewise made available upon request.”