National Association For Latino Community Asset Builders

Organization Overview

National Association For Latino Community Asset Builders is located in San Antonio, TX. The organization was established in 2004. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Association For Latino Community Asset Builders employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association For Latino Community Asset Builders is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, National Association For Latino Community Asset Builders generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $6.5m during the year ending 12/2020. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, National Association For Latino Community Asset Builders has awarded 379 individual grants totaling $24,696,631. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

NALCAB STRENGTHENS THE ECONOMY BY ADVANCING ECONOMIC MOBILITY IN LATINO COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATIONAL CAPACITY BUILDING - AS A US TREASURY-CERTIFIED CDFI LENDER AND GRANTMAKER, NALCAB STRENGTHENS, COORDINATES, AND BUILDS THE SYSTEMS AND CAPACITY OF NALCAB NETWORK MEMBERS, OTHER NON-PROFITS, AND GOVERNMENT UNITS TO ADVANCE ECONOMIC MOBILITY IN PREDOMINANTLY LOW- AND MODERATE-INCOME LATINO COMMUNITIES. NALCAB CREATES CAPITAL, CAPACITY, COLLECTIVE VOICE, AND COMUNIDAD (COMMUNITY) BY INCREASING ACCESS TO GRANTS AND INVESTMENT CAPITAL; UNLOCKING ACCESS TO TECHNICAL ASSISTANCE RESOURCES; SHARING RESEARCH TO MAXIMIZE ORGANIZATIONAL EFFECTIVENESS AND RESOURCES; CREATING AND STRENGTHENING ASSET-BUILDING PRACTITIONER PEER NETWORKS; USING CULTURALLY RELEVANT TRAINING TO DEVELOP LEADERS IN THE ASSET- BUILDING FIELD; AND DEVELOPING A STRATEGIC NATIONAL VOICE FOR MORE THAN 195 ORGANIZATIONS AND THE COMMUNITIES THEY SERVE. ORGANIZATIONS THAT BENEFIT FROM THE CAPACITY-BUILDING PROGRAM MAY BORROW CAPITAL FROM NALCAB AND ARE MORE LIKELY TO SECURE AND DIVERSIFY THEIR FUNDING OPPORTUNITIES DUE TO INCREASED ORGANIZATIONAL CAPACITY. THE ORGANIZATIONAL CAPACITY BUILDING PROGRAM HOSTS AN ANNUAL NATIONAL CONFERENCE AND TRAINING FOR COMMUNITY ECONOMIC DEVELOPMENT PRACTITIONERS AND IT HOSTS NUMEROUS EDUCATIONAL WEBINARS THROUGHOUT THE YEAR. IT HAS PROVIDED CULTURALLY-RELEVANT TRAINING TO OVER 2,500 PRACTITIONERSN AND THE PETE GARCIA COMMUNITY ECONOMIC DEVELOPMENT FELLOWSHIP PROGRAM FOR EMERGING LEADERS HAS GRADUATED 169 FELLOWS TO DATE. SINCE 2007 NALCAB HAS MADE GRANTS OF OVER $27 MILLION TO NON-PROFIT ORGANIZATIONS AND UTILIZED OVER $12.7 MILLION IN FEDERAL FUNDING (US HUD AND SBA) TO PROVIDE TECHNICAL ASSISTANCE TO NON-PROFITS AND LOCAL/STATE GOVERNMENT AGENCIES (URBAN AND RURAL). SINCE 2008, MEMBER ORGANIZATIONS HAVE SECURED MORE THAN $450 MILLION FOR THEIR PROGRAMS DUE TO NALCAB'S SUPPORT AND SERVICES.


POLICY ADVOCACY AND FIELD-BUILDING - THE POLICY ADVOCACY AND FIELD- BUILDING PROGRAM PROVIDES MEMBERS AND DECISION-MAKERS WITH RESEARCH, POLICY EDUCATION, AND ADVOCACY EFFORTS TO INFLUENCE PRIVATE, PHILANTHROPIC, AND GOVERNMENTAL INVESTORS TO RESPONSIBLY MEET THE ASSET-BUILDING NEEDS AND OPPORTUNITIES IN LOW AND MODERATE-INCOME COMMUNITIES. WITH NALCAB'S SUPPORT AND THE BENEFIT OF THE COLLECTIVE NALCAB NETWORK, MEMBERS MAY DEVELOP AND ADVOCATE FOR POLICY STRATEGIES THAT SERVE THEIR COMMUNITIES AT THE LOCAL, STATE, AND FEDERAL LEVELS. NALCAB HAS PUBLISHED NUMEROUS REPORTS ON SMALL BUSINESS LENDING IN LATINO COMMUNITIES, HOUSING VULNERABILITY AND GENTRIFICATION, AND PLACE-BASED ECONOMIC DEVELOPMENT. THE POLICY ADVOCACY AND FIELD-BUILDING PROGRAM ADVOCATES FOR CDFIS, POTENTIAL CDFIS, AND OTHER LENDERS TO BETTER MEET THE NEEDS OF THE COMMUNITIES THEY SERVE. NALCAB PARTNERS WITH COMMUNITY DEVELOPERS AND IMPACT INVESTORS TO ADVANCE THE ASSET-BUILDING FIELD.


LENDING AND ASSET MANAGEMENT - A US TREASURY-CERTIFIED CDFI AND INTERMEDIARY LENDER, NALCAB EMPOWERS ITS MEMBERS WITH CULTURALLY RELEVANT PRODUCTS AND SERVICES TO ADVANCE ECONOMIC MOBILITY IN PREDOMINANTLY LATINO LOW- AND-MODERATE INCOME COMMUNITIES LACKING ADEQUATE ACCESS TO CAPITAL. NALCAB'S PRODUCTS PROVIDE MEMBERS WITH CAPITAL, LIQUIDITY, AND SCALE TO BUILD AFFORDABLE HOUSING, LEND TO SMALL BUSINESSES, AND STRENGTHEN FAMILY FINANCIAL CAPABILITY. NALCAB OFFERS COMMERCIAL REAL ESTATE LOANS, SMALL BUSINESS LOAN CAPITAL, AFFORDABLE HOUSING PROJECT LOANS, SMALL BUSINESS LOAN PARTICIPATION FINANCING, AND LOAN GUARANTEES. CAPITAL FOR LENDING COMES FROM REVENUES, CASH RESERVES, PRIVATE PHILANTHROPIES, BANK LOANS, THE CDFI FUND, AND US HUD, INCLUDING FOR RURAL CAPACITY BUILDING. ESCALERA COMMUNITY INVESTMENTS, LLC (ESCALERA), AN ASSET MANAGEMENT COMPANY OWNED BY NALCAB, MANAGES THE NALCAB CATALYST FUND I, LLC (THE CATALYST FUND), A REAL ESTATE-FOCUSED SOCIAL IMPACT FUND ESTABLISHED TO PRESERVE AND PRODUCE HOUSING OPPORTUNITIES AFFORDABLE TO LOW-INCOME AND MINORITY INDIVIDUALS. THE CATALYST FUND TARGETS AND OPERATES INVESTMENTS IN SINGLE-AND MULTIFAMILY PROJECTS THAT PROVIDE HOUSEHOLDS WITH ACCESS TO EMPLOYMENT, QUALITY EDUCATION, AND HEALTHCARE RESOURCES, ALL ESSENTIAL FACTORS FOR ADVANCING ECONOMIC MOBILITY. ESCALERA ALSO MANAGES THE ACCESO LOAN FUND, LLC (ACCESO), A NATIONAL SMALL BUSINESS LOAN FUND THAT SUPPORTS GROWTH-ORIENTED LENDING TO MINORITY-OWNED BUSINESSES NATIONWIDE THROUGH A NETWORK OF LATINO-LED NON-PROFIT BUSINESS LENDERS. ACCESO HELPS DIVERSE ENTREPRENEURS IN UNDERSERVED MINORITY COMMUNITIES SCALE THEIR BUSINESSES TO INCREASE REVENUE, PROVIDE MORE JOBS, AND STRENGTHEN THE ECONOMY. NALCAB AND ELEVEN NALCAB-NETWORK CDFIS ARE EQUAL CO-OWNERS OF ACCESO.


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Board, Officers & Key Employees

Name (title)Compensation
Fernando Garcia
Chief Financial Officer
$163,518
Marla Bilonick
Director
$0
Noel Poyo
Executive Director
$148,601
Levar Martin
Chief Program Officer
$135,252
Luis Granados
Secretary
$0
Isabel Rubio
Vice Chair
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$9,701,312
Investment income $3,982
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,640
Net Gain/Loss on Asset Sales $200
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,957,718

Grants Awarded

Over the last fiscal year, National Association For Latino Community Asset Builders has awarded $4,021,000 in support to 64 organizations.

Grant RecipientAmount

Keizer, OR

PURPOSE: Small Business

$175,000

RURAL COMMUNITY DEVELOPMENT RESOURCES

Org PageRecipient Profile

Yakima, WA

PURPOSE: Small Business

$165,000

Denver, CO

PURPOSE: Small Business

$165,000

WOMEN'S ECONOMIC VENTURES

Org PageRecipient Profile

Kansas City, MO

PURPOSE: Small Business

$155,000

CIVIC COMMUNITY PARTNERS INC

Org PageRecipient Profile

San Diego, CA

PURPOSE: Small Business

$135,000

JAMAICA PLAIN NDC

Org PageRecipient Profile

Jamaica Plain, MA

PURPOSE: SmB/FinCap

$130,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that National Association For Latino Community Asset Builders has recieved totaling $2,350,000.

Awarding OrganizationAmount
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION

$1,000,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION

$625,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION

$375,000
Prudential Foundation Inc

Newark, NJ

PURPOSE: FINANCIAL INCLUSION FOR LATINO AND IMMIGRANT ENTREPRENEURS

$200,000
Tides Foundation

San Francisco, CA

PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

$100,000
Prudential Foundation Inc

Newark, NJ

PURPOSE: FINANCIAL INCLUSION FOR LATINO AND IMMIGRANT ENTREPRENEURS

$50,000
View Grant Recipient Profile

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