Hispanic Coalition of Greater Waterbury

What it reported doing in 2024

Paier college offers workforce oriented educational programs in web application design and mobile application design. Arp funds have been provided to support students who enroll in these programs in the form of scholarships. Students who meet eligibility criteria apply through our non-profit partner, the hispanic coalition, to receive awarded funds in these programs. These certificate programs introduce students to necessary coursework and techniques to become proficient front end application developers and application designers, thereby enabling them to become placeable to meet the job market needs in the region. This program helps address several critical issues exacerbated during the covid-19 pandemic in the bridgeport community. Access to quality higher education with a focus on outcomes continues to be too limited among underserved populations. Moreover, employment and career mobility issues have also been barriers for these same communities. By offering accelerated, career-focused programming in an in-demand job market, paier college is helping to educate and place individuals for whom such education may have been inaccessible. With the support of funding through arpa, the programs have been successful to date in addressing these needs and reducing the barriers to entry for certain prospective students.community development-case management: our case management team provides a range of services benefiting individuals and families of our community and enhancing their well-being. Case managers serve as liaisons between the community services and their necessities. Individualized plans are created to assess client's needs, follow up on their work plan, tracking their progress towards successfully achieving their goals. We participate in outreach efforts to increase access to the services provided by the agency and create relationships with other providers. Services provided through case management include and are not limited to emergency assistance, immigration proceedings, job placement/training, translation services, housing assistance, advocacy, coordinating medical needs, document completion, and assistance obtaining vital records such as, birth certificates, divorce paperwork and identification cards. We also assist our clients with the application process of federal, state, and local benefits through dss, ssa and other agencies.la casa bienvenida: our programming ensures that hispanic seniors within the city of waterbury and surrounding towns have access to socialization while getting necessary nutritional supplements and adequate access to medical and personal needs. La casa bienvenida is structured to provide seniors, personal support, and healthy nutrition in a professionally supervised setting. Our social and recreational programs were established to reduce isolation and promote independent living while reducing premature nursing home placement. Through increased awareness of our resources, dissemination of essential information and guidance on issues affecting our seniors and their caregivers, we enable older adults to live independently and safely. By offering a range of socially stimulating and community-based services we have established a place in which loved ones can socialize with peers to connect emotionally, allowing them to escape loneliness and isolation.raices: raices purpose is to build a teacher recruitment and preparation program for hispanic/latinx high school students and young adults in the waterbury community. The program participants will be encouraged to pursue teaching degrees, and to teach in their home community in the waterbury public schools, establishing the initiative as a "grow our own" teacher diversity project. The initiative will strategically and intentionally mentor, support, and encourage students on the secondary and post-secondary journey to becoming waterbury professional educators.

Financial Efficiency

• Mission deployment rate: 55.4%; rating input score 55
• Program expense ratio: 87.4%; rating input score 87
• Fundraising efficiency: $48.95 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 36.7%; rating input score 87; 87th percentile among comparable filings
• Total-asset coverage ratio: 1.17; rating input score 42; 42nd percentile among comparable filings
• Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings

Growth

• Program expense growth: 13% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: 14.5% per year; rating input score 100; 81st percentile among comparable filings
• Asset growth: 20% per year; rating input score 100; 84th percentile among comparable filings