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HISPANIC BUSINESS INITIATIVE FUND INC

ORLANDO, FLEIN: 59-3341405Website

Data sourced from IRS 990 public filings

HISPANIC BUSINESS INITIATIVE FUND INC HBIF IS AN ECONOMIC DEVELOPMENT, NONPROFIT ORGANIZATION IN FLORIDA SPECIALIZING IN PROVIDING BILINGUAL ASSISTANCE TO HISPANIC ENTREPRENEURS TRYING ESTABLISH OR EXPAND THEIR BUSINESS IN FLORIDA. HBIF'S QUALITY YEAR-ROUND PROFESSIONAL SERVICES INCLUDE EDUCATIONAL PROGRAMS, INDIVIDUAL CONSULTING AND TECHNICAL ASSISTANCE, ENTREPRENEURIAL GRANTS FOR SUBCONTRACTED SERVICES, AND LOAN FACILITATION.

Regional (Multi-County/State)
Local (City/County Level)
Racial/Ethnic Minorities
Low-Income/Economically Disadvantaged
Workforce & Economic Opportunity
Direct Service Delivery
Adults (Ages 26-64)
Capacity Building & Technical Assistance

Annual Revenue

$4,013,533

Known Funders

14

Grants Received

22

Financial History

YearRevenueExpensesAssets
2023$4,013,533$4,098,095$5,678,116
2022$4,183,260$3,410,614$5,831,817
2021$3,295,480$2,947,028$4,303,069
2020$3,822,531$2,560,897$4,121,804
2019$3,318,135$2,777,141$3,594,841
2018$2,740,535$2,533,650$2,314,825
2017$2,703,555$2,615,356$2,076,176
2016$2,701,884$2,892,026$2,102,583

Top Funders

CITI FOUNDATION

NEW YORK, NY

$500,000 (2021)
$500,000 (2024)
$250,000 (2023)
$250,000 (2024)
$123,153 (2022)
$100,000 (2023)
$100,000 (2022)
$100,000 (2022)
$100,000 (2021)
$90,000 (2021)

Showing top 10 of 14 funders.

Key Personnel

From 2023 IRS 990 filing

L

LUIS E OTERO

CFO

Key Employee
A

AUGUSTO SANABRIA

CEO/PRESIDENT

Officer
S

SHERRY AMBROSE

DIRECTOR-AT-LARGE

S

SHARON ARROYO

DIRECTOR-AT-LARGE

R

RUBEN PEREZ

DIRECTOR-AT-LARGE

M

MIKE HERNANDEZ

DIRECTOR-AT-LARGE

M

MERCEDES ANGELL

DIRECTOR-AT-LARGE

L

LUIS ROSERO

DIRECTOR-AT-LARGE

K

KATE WILSON

DIRECTOR-AT-LARGE

E

ELISHA GONZALEZ

DIRECTOR-AT-LARGE

Showing 10 of 19 key personnel.

Frequently Asked Questions

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