2025-10-20T09:51:58-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2024-01-01 861118036 ALPFA FOUNDATION INC ALPF 8556925732 3571 FAR WEST BLVD 3695 AUSTIN TX 78731 SELENE BENAVIDES CFO 8556925732 2025-10-14 1 0 JANE COLEMAN P01391236 8586271400 2024 2025-03-06 01:10:19Z X DAMIAN RIVERA 3571 FAR WEST BLVD 3695 AUSTIN TX 78731 13180087 0 X WWW.ALPFA.ORG X 2004 CA TO EMPOWER AND DEVELOP LATINO MEN AND WOMEN AS LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY. 20 19 23 600 0 0 9164303 2415794 1530772 10504566 180695 258217 0 0 10875770 13178577 843620 1316988 0 0 2069642 2639864 34939 0 20000 5779519 8367015 8727720 12323867 2148050 854710 6007352 7159004 2847977 3117171 3159375 4041833 X TO EMPOWER AND DEVELOP LATINO LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY, WHILE EMBRACING PEOPLE OF ALL BACKGROUNDS WHO SHARE THIS MISSION. 0 0 8673112 1316988 10504566 LEADERSHIP DEVELOPMENT, CAREER ADVANCEMENT, AND COMMUNITY IMPACT ALPFA IS A LATINO CULTURALLY FOCUSED AND ALL-INCLUSIVE ORGANIZATION THAT EMPOWERS STUDENTS AND PROFESSIONALS OF ALL BACKGROUNDS TO RISE AS LEADERS IN EVERY SECTOR OF THE GLOBAL ECONOMY. THROUGH A NATIONAL NETWORK OF STUDENT AND PROFESSIONAL CHAPTERSINCLUDING MORE THAN 200 AT COMMUNITY COLLEGES, UNIVERSITIES, AND IVY LEAGUE SCHOOLSALPFA PROVIDES FREE AND LOW-COST PROGRAMS IN LEADERSHIP DEVELOPMENT, MENTORSHIP, CAREER READINESS, AND NETWORKING DESIGNED TO BUILD SKILLS, CONFIDENCE, AND CONNECTIONS. MULTI-DAY PROGRAMS SUCH AS THE NATIONAL CONVENTION, WOMEN OF ALPFA, REGIONAL STUDENT SYMPOSIA, AND TECHNOLOGY SUMMITS OFFER EXPERIENTIAL LEARNING, HANDS-ON LEADERSHIP TRAINING, COACHING, SCHOLARSHIPS, FELLOWSHIPS, AND DIRECT ACCESS TO INTERNSHIP AND EMPLOYMENT OPPORTUNITIES.ALPFA'S DIGITAL PLATFORM, ALPFA+, EXTENDS THESE BENEFITS NATIONWIDE, OFFERING FREE, COMMUNITY-BUILT LEARNING AND DEVELOPMENT CONTENT, PERSONALIZED MENTORSHIP, AND CAREER RESOURCES. THE ALPFA+ PLATFORM IS CREATED BY AND FOR THE COMMUNITY, SHOWCASING EXPERTS WHO SHARE KNOWLEDGE, MODEL LIFELONG LEARNING, AND DEMONSTRATE THE BEHAVIORS NEEDED FOR SUCCESS BEYOND THE CLASSROOM. THIS ENABLES STUDENTS TO LEARN DIRECTLY FROM ROLE MODELS AND APPLY NEW SKILLS IN THEIR CHAPTERS AND COMMUNITIES.THROUGH THESE EFFORTS, ALPFA IS BUILDING A SELF-REINFORCING LEADERSHIP ECOSYSTEMONE THAT EQUIPS STUDENTS TO LEARN, GROW, AND GIVE BACK AS PROFESSIONALS WHO UPLIFT THEIR FAMILIES, COMMUNITIES, AND THE WORLD. 8673112 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 106 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA AL CO FL IL MA MI NJ ND PA RI TN WA X X DAMIAN RIVERA 6462426322 3571 FAR WEST BLVD 3695 AUSTIN TX 78731 DAMIAN RIVERA CHIEF EXECUTIVE OFFICER 50.00 0.10 X X 472105 0 37432 SELENE BENAVIDES CHIEF FINANCIAL OFFICER 50.00 0.10 X 260000 0 23465 JENNYLEE RAMOS CHIEF OPERATING OFFICER 50.00 0.10 X 211000 0 16095 JAMELFREY PACHECO DIRECTOR OF OPERATIONS 50.00 0.10 X 114012 0 6085 ZUHALY RAMON DIRECTOR OF MARKETING 50.00 0.10 X 106375 0 7606 MELISSA ALLI DIRECTOR OF PARTNERSHIPS (THRU 12/24) 50.00 0.10 X 100850 0 139 ENNA JIMENEZ DIR THRU 824 CHIEF DEVEL. OFFICER (AS OF 8/24) 50.00 0.10 X X 100000 0 0 ESPERANZA PEREZ CHIEF INNOVATION & TECHNOLOGY OFFICER 50.00 0.10 X 82222 0 12363 ARACELY GODINEZ DIRECTOR 1.00 0.10 X 0 0 0 CHAD WORKMAN DIRECTOR 1.00 0.10 X 0 0 0 MONICA MARQUEZ DIRECTOR 1.00 0.10 X 0 0 0 ENEIDA ROMAN DIRECTOR 1.00 0.10 X 0 0 0 ERNEST CORDOVA DIRECTOR 1.00 0.10 X 0 0 0 EVEKA RODRIGUEZ DIRECTOR 1.00 0.10 X 0 0 0 JOEL BENCOSME DIRECTOR 1.00 0.10 X 0 0 0 JOEL PEREZ DIRECTOR 1.00 0.10 X 0 0 0 JOSEPH LORETTO DIRECTOR 1.00 0.10 X 0 0 0 DK BARTLEY DIRECTOR 1.00 0.10 X 0 0 0 PATRICIA PACHECO DIRECTOR 1.00 0.10 X 0 0 0 SANDRA PATTERSON DIRECTOR 1.00 0.10 X 0 0 0 NILZA SERRANO DIRECTOR 1.00 0.10 X 0 0 0 ANGELICA URQUIJO DIRECTOR 1.00 0.10 X 0 0 0 MARCELA ALDAZ-MATOS IMMEDIATE PAST CHAIR 1.00 0.10 X 0 0 0 STEVEN GONZALEZ VICE CHAIR 1.00 0.10 X 0 0 0 ANTHONY CURTIS CHAIR 1.00 0.10 X X 0 0 0 MARIE ROBLES SECRETARY 1.00 0.10 X X 0 0 0 IXCHELL DUARTE TREASURER 1.00 0.10 X X 0 0 0 1446564 0 103185 6 0 1 0 BELL GROUP CONSULTING LLC 415 WOODCREST RD KEY BISCAYNE FL 33149 CONSULTING SERVICES 896590 GINALY GONZALEZ 196 ROCK AVE PARK RIDGE NJ 07656 ACCOUNT MANAGEMENT 207500 KATRINA PURCELL LLC 150 E 18TH STREET APT 6B BROOKLYN NY 11226 CONSULTING SERVICES 200000 ESTHER AGUILERA 624 POTOMAC AVE SILVER SPRING MD 20910 CONTRACT SERVICES 200000 4 140463 2275331 2415794 SPONSORSHIPS 900099 9083502 9083502 MEMBERSHIP DUES 900099 846802 846802 EVENT REGISTRATIONS 900099 504572 504572 CAREER CENTER 900099 69690 69690 10504566 259727 259727 1510 -1510 -1510 -1510 13178577 10504566 0 258217 X 1316988 1316988 1214682 485873 728809 1171295 468518 702777 23373 9349 14024 85025 34010 51015 145489 58196 87293 40399 40399 161212 161212 643 643 1292729 1131035 161694 147214 84229 62985 70304 48292 22012 722708 171230 551478 287987 287987 5244713 4865319 359394 20000 332143 332143 26477 26477 40486 73 40413 12323867 8673112 3630755 20000 285539 500605 4218026 879172 25000 319717 105370 224124 4202806 1159070 1246927 6007352 7159004 470405 1010859 898963 1424904 1478609 681408 2847977 3117171 X 3159375 4041833 3159375 4041833 6007352 7159004 854710 27748 0 X 0 1 X 1 0 X 403983 807384 1409808 2535675 2415794 7572644 403983 807384 1409808 2535675 2415794 7572644 2262560 5310084 11 28 105 180695 259727 440566 8013210 18673926 0.66270 0.46080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERNAL-USE SOFTWARE, NET 1246927 1246927 DUE TO RELATED PARTY 681408 681408 X 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 (IRC) AND SECTION 23701(E) OF THE REVENUES AND TAXATION CODE OF THE STATE OF CALIFORNIA. THE FOUNDATION OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION UNDER SECTION 501(C)(3) OF THE IRC AND SECTION 23701(D) OF THE REVENUES AND TAXATION CODE OF THE STATE OF CALIFORNIA AND, GENERALLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. 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 YEARS ENDED DECEMBER 31, 2024 AND 2023. 1 SCHOLARSHIPS 328 1316988 PART I, LINE 2: THE FOUNDATION AWARDS SCHOLARSHIPS TO INDIVIDUAL STUDENTS TO OFFSET THE COST OF TUITION, FEES, AND ROOM AND BOARD. FUNDS ARE PAID DIRECTLY TO THE EDUCATION INSTITUTIONS. GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS AND MONITORED BY THE FOUNDATION'S ACCOUNTING DEPARTMENT. X X X 0 0 0 0 0 0 0 0 0 DAMIAN RIVERA CHIEF EXECUTIVE OFFICER 400000 0 72105 0 0 0 11893 0 25539 0 509537 0 0 0 SELENE BENAVIDES CHIEF FINANCIAL OFFICER 220000 0 40000 0 0 0 13007 0 10458 0 283465 0 0 0 JENNYLEE RAMOS CHIEF OPERATING OFFICER 185000 0 26000 0 0 0 8096 0 7999 0 227095 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE CHIEF EXECUTIVE OFFICER AND CHAIRPERSON OF THE ASSOCIATION'S BOARD OF DIRECTORS WILL SERVE AS DIRECTORS OF THE FOUNDATION. ALL OF THE ASSOCIATION'S BOARD OF DIRECTORS SERVE AS DIRECTORS OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B PER THE 2017 BYLAWS, AMENDMENTS TO THE FOUNDATION'S BYLAWS REQUIRE APPROVAL BY MAJORITY VOTE OF ITS RELATED PARTY ALPFA, INC. BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITEE, 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 POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINED AT THE BOARD OF DIRECTORS LEVEL. THE BOARD OF DIRECTORS MEETS REGULARLY TO REVIEW AND MONITOR THE FOUNDATION'S ACTIVITIES. ALL DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ALL DIRECTORS SHALL SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE ANNUALLY TO THE BOARD. IF A CONFLICT ARISES, THE DIRECTOR 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 2024. 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 FOUNDATION'S BOARD AS PART OF THE ANNUAL BUDGET APPROVAL. THIS PROCESS IS DOCUMENTED AND WAS LAST DONE IN OCTOBER 2024 FOR THE CEO, CFO AND OTHER OFFICERS. THE FOUNDATION DOES NOT HAVE ANY KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S FORM 990 AND BYLAWS ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONTRACT/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,118,063. MANAGEMENT AND GENERAL EXPENSES 79,108. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,197,171. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 12,972. MANAGEMENT AND GENERAL EXPENSES 19,458. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,430. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,128. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,128. ALPFA INC 3571 FAR WEST BLVD 3695 AUSTIN TX 78731 320178401 TO EMPOWER AND DEVELOP LATINO MEN AND WOMEN AS LEADERS CA 501(C)(6) N/A N/A 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 ALPFA INC E 681408 CASH