2023-09-25T16:45:12-05:00 2022-12-31 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DRIVE SAN DIEGO CA 92121 990 2022-01-01 320178401 ALPFA INC ALPF 8556925732 1717 W 6TH STREET 410 AUSTIN TX 78703 SELENE BENAVIDES CFO 8556925732 2023-09-20 1 SELENE BENAVIDES 999009999 0 JANE COLEMAN P01391236 8586271400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAMIAN RIVERA 1717 W 6TH STREET 410 AUSTIN TX 78703 7084425 0 X WWW.ALPFA.ORG X 1972 CA TO EMPOWER AND DEVELOP LATINO MEN AND WOMEN AS LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY. 20 20 24 500 0 0 242362 0 4112810 7084425 1567 0 0 0 4356739 7084425 5930 110000 0 0 2021119 1980053 0 0 0 1648254 4346176 3675303 6436229 681436 648196 2203417 2355920 1461208 968707 742209 1387213 X TO EMPOWER AND DEVELOP LATINO MEN AND WOMEN AS LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY. 0 1 MAINTAINING 45 PROFESSIONAL CHAPTERS AND APPROXIMATELY 160 STUDENT PROFESSIONAL AND STUDENT MEMBERS ACROSS THE COUNTRY. IN ADDITION TO NETWORKING AND PROFESSIONAL LEADERSHIP DEVELOPMENT OPPORTUNITIES, OUR MEMBERS HAVE ACCESS TO 50,000 PAID SUMMER INTERNSHIPS THROUGH HUNDREDS OF FORTUNE 1000 CORPORATE PARTNERS. WE ASPIRE TO BE THE BUSINESS PARTNER OF CHOICE FOR COMPANIES SEEKING TO HIRE AND DEVELOP LATINO TALENT. 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 38 0 1 24 1 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X DAMIAN RIVERA 6462426322 1717 W 6TH STREET 410 AUSTIN TX 78703 DAMIAN RIVERA CEO 50.00 1.00 X 386458 0 39187 SELENE BENAVIDES CFO 50.00 1.00 X 190342 0 14068 ANN MARQUEZ DIRECTOR, TALENT, PURPOSE ANN BELONGING 40.00 X 111490 0 14291 JENNYLEE RAMOS OPERATIONS DIRECTOR 40.00 X 100947 0 7254 ARACELY GODINEZ TREASURER 5.00 1.00 X X 0 0 0 MARCELA ALDAZ-MATOS CHAIR 5.00 1.00 X X 0 0 0 MARIE ROBLES SECRETARY 5.00 1.00 X X 0 0 0 IXCHELL DUARTE VICE CHAIR 5.00 1.00 X X 0 0 0 DANIEL VILLAO IMMEDIATE PAST CHAIR 5.00 1.00 X 0 0 0 CHAD WORKMAN DIRECTOR 5.00 X 0 0 0 CYNTHIA M IZZO DIRECTOR 5.00 X 0 0 0 DOUG RODRIGUEZ DIRECTOR 5.00 X 0 0 0 ENEIDA ROMAN DIRECTOR 5.00 X 0 0 0 ENNA JIMENEZ DIRECTOR 5.00 X 0 0 0 ERNEST CORDOVA DIRECTOR 5.00 X 0 0 0 EVEKA RODRIGUEZ DIRECTOR 5.00 X 0 0 0 JOEL BENCOSME DIRECTOR 5.00 X 0 0 0 JOEL PEREZ DIRECTOR 5.00 X 0 0 0 JOSEPH LORETTO DIRECTOR 5.00 X 0 0 0 MAURICIO GONZALEZ DIRECTOR 5.00 X 0 0 0 NILSA SERRANO DIRECTOR 5.00 X 0 0 0 ROXANNE MARTINEZ DIRECTOR 5.00 X 0 0 0 STEVEN GONZALEZ DIRECTOR 5.00 X 0 0 0 YASMINE WINKLER IGGY DIRECTOR 5.00 X 0 0 0 789237 0 74800 4 0 1 0 0 GENERAL SPONSORSHIPS 900099 5283077 5283077 EVENT REGISTRATIONS 900099 1040331 1040331 MEMBERSHIP DUES 900099 578451 578451 CAREER CENTER 900099 178973 178973 3593 3593 7084425 7084425 7084425 0 0 10000 100000 630053 1071726 15592 118165 144517 69859 181237 157004 47836 172738 2082 242416 2822197 33796 BAD DEBT 398601 DUES & SUBSCRIPTIONS 65500 OTHER EVENT EXPENSES 10487 142423 6436229 1172297 1060462 189131 221926 141880 93615 14174 14174 0 0 700109 979917 2203417 2355920 551059 391010 687212 460322 222937 117375 1461208 968707 X 701313 1349509 40896 37704 742209 1387213 2203417 2355920 648196 -3192 0 X 0 1 X 1 0 0 1 0 40896 -3192 37704 36220 4676 40896 35176 1044 36220 30478 4698 35176 31254 -776 30478 0.00000 0.54474 0.45526 0 0 14174 14174 0 0 ENDOWED INVESTMENTS 37704 INTERNAL-USE SOFTWARE 942213 979917 DUE TO ALPFA FOUNDATION 117375 117375 X PART V, LINE 4: THE ENDOWMENT'S INTENDED USE IS TO PROVIDE SUPPORT FOR LOCAL STUDENTS. PART X, LINE 2: THE ASSOCIATION IS INCORPORATED AS A NONPROFIT MUTUAL BENEFIT CORPORATION UNDER THE LAWS OF THE STATE OF CALIFORNIA AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND SECTION 23701 (D) OF THE REVENUES AND TAXATION CODE OF THE STATE OF CALIFORNIA. THE ASSOCIATION AND THE FOUNDATION HAVE EVALUATED THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THEIR TAX RETURNS. MANAGEMENT HAS DETERMINED THAT NO TAX LIABILITIES NEED TO BE RECORDED UNDER APPLICABLE ACCOUNTING GUIDANCE FOR THE YEAR ENDED DECEMBER 31, 2022 AND 2021. 1 JUSTICE FOR MIGRANT WOMEN 1907 W STATE STREET 184 FREMONT OH 43420 833607138 501(C)(3) 10000 0 FMV SPONSORSHIP OF RECEPTION ON LATINA EQUAL PAY DAY ON CAPITOL HILL 1 SCHOLARSHIPS 5 100000 PART I, LINE 2: GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS AND MONITORED BY THE ORGANIZATION'S ACCOUNTING DEPARTMENT. X X X 0 0 0 DAMIAN RIVERA CEO 320435 0 66000 0 23 0 16831 0 22356 0 425645 0 0 0 SELENE BENAVIDES CFO 158307 0 32000 0 35 0 10000 0 4068 0 204410 0 0 0 FORM 990, PART III, LINE 3 ALPFA, INC. (THE "ASSOCIATION") IS TRANSITIONING ITS CHARITABLE ACTIVITIES TO ITS RELATED PARTY ALPFA FOUNDATION, INC. (THE "FOUNDATION"). THIS STRATEGIC DECISION TO OPERATE CHARITABLE ACTIVITIES PRIMARILY OUT OF THE FOUNDATION WAS APPROVED BY THE BOARD OF DIRECTORS IN SEPTEMBER 2022. THEREFORE, STARTING LATE 2022, PROGRAMS AND SCHOLARSHIPS HAS DECREASED IN THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 ALPFA, INC HAS TWO CLASSES OF MEMBERS, DESIGNATED AS GENERAL MEMBERS AND STUDENT MEMBERS. ALL MEMBERS SHALL BE NATURAL PERSONS AND, EXCEPT FOR STUDENT MEMBERS, SHALL BE AT LEAST 18 YEARS OF AGE. GENERAL MEMBERS SHALL HAVE THE RIGHT TO ATTEND ALL MEMBER MEETINGS AND THE RIGHT TO VOTE, AS SET FORTH IN THESE BYLAWS, ON THE ELECTION OF DIRECTORS, AT LARGE DIRECTORS, DISPOSITION OF ALL OR SUBSTANITALLY ALL OF THE ASSETS OF THE ORGANIZATION, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY MATERIAL AMENDMENT OF THOSE TERMS, ON ANY ELECTION TO DISSOLVE THE ORGANIZATION AND ON ALL OTHER MATTERS SUBMITTED TO A VOTE OF THE MEMBERS WHETHER OR NOT REQUIRED BY LAW. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT ITS GOVERNING BODY. THE VOTING MEMBERS INCLUDE THE GENERAL MEMBERS. THE CHAIRMAN, THE VICE CHAIRMAN, TREASURER AND THE SECRETARY ARE ELECTED TO THE BOARD BY THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B GENERAL MEMBERS SHALL HAVE THE RIGHT TO ATTEND ALL MEMBER MEETINGS AND THE RIGHT TO VOTE, AS SET FORTH IN THESE BYLAWS, ON THE ELECTION OF DIRECTORS, AT LARGE DIRECTORS, DISPOSITION OF ALL OR SUBSTANITALLY ALL OF THE ASSETS OF THE ORGANIZATION, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY MATERIAL AMENDMENT OF THOSE TERMS, ON ANY ELECTION TO DISSOLVE THE ORGANIZATION AND ON ALL OTHER MATTERS SUBMITTED TO A VOTE OF THE MEMBERS WHETHER OR NOT REQUIRED BY LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMMITEE, THEN THE FORM 990 IS MADE AVAILABLE FOR REVIEW TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES MEETS REGULARLY TO REVIEW AND MONITOR THE ORGANIZATION'S ACTIVITIES. ALL BOARD MEMBERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS SHALL SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE ANNUALLY TO THE BOARD. IF A CONFLICT ARISES, THE MEMBER WITH A CONFLICT OF INTEREST WILL RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS AND VOTING ON TRANSACTIONS. THERE HAVE BEEN NO INCIDENCES OF ANY CONFLICT IN 2022. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND MERIT INCREASE RECOMMENDATIONS BY MANAGEMENT ARE REVIEWED BY THE HR COMMITTEE, WHICH PERFORMS MARKET COMPS AND THAT FINAL APPROVAL OF COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET APPROVAL. THIS PROCESS IS DOCUMENTED AND WAS LAST DONE IN DECEMBER 2022 FOR THE CEO, CFO, AND COO. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR VIEWING ON THE ORGANIZATION'S WEBSITE. POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ALPFA FOUNDATION INC 1717 W 6TH STREET NO 410 AUSTIN TX 78703 861118036 GRANTING SCHOLARSHIPS TO QUALIFIED ACCOUNTING & BUSINESS STUDENTS CA 501(C)(3) LINE 7 ALPFA INC 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ALPFA FOUNDATION INC E 117375 CASH