Nonprofit · EIN 81-0824363
LATIN AMERICAN BUSINESS ORGANIZATION INC
Tax-exempt · WORCESTER, MA 01609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $355,742 | $351,859 | $3,883 | $0 | $0 | $0 |
| December 31, 2024 | 990 | $262,138 | $251,719 | $10,419 | $18,456 | $0 | $18,456 |
| December 31, 2023 | 990-EZ | $112,151 | $137,917 | -$25,766 | $0 | – | -$25,766 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $355,742
- of which government grants
- $302,050
- Membership dues
- $5,468
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,227
- Other salaries and wages
- $70,837
- Salaries, compensation and benefits (total)
- $70,837
- Professional fundraising fees
- $0
- Occupancy
- $44,785
- Travel
- $1,959
- Program services (functional)
- $63,043
- Management and general (functional)
- $37,050
- Fundraising (functional)
- $10,709
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $355,742
- Employees
- 0
- Year formed
- 2015
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH CRUZ | PRESIDENT Officer | 40 | $37,050 |
| KARYN SANCHEZ | TREASURER | 15 | $7,925 |
| ROSA MARIA SALAS | SECRETARY | 15 | $5,705 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH CRUZ | PRESIDENT Officer | 40 | $31,400 |
| KARYN SANCHEZ | TREASURER Officer | 10 | $0 |
| ROSA SALAS | SECRETARY Officer | 20 | $0 |
| EDGAR LUNA | DIRECTOR Trustee or director | 10 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH CRUZ | PRESIDENT | 40 | $0 |
| KARYN SANCHEZ | TREASURER | 15 | $0 |
| ROSA MARIA SALAS | SECRETARY | 15 | $0 |
| EDGAR LUNA | DIRECTOR | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 33 HIGHLAND ST 1, WORCESTER, MA 01609-2703
- In care of
- % KARYN SANCHEZ
- Principal officer (990 for 2025)
- ELIZABETH CRUZ, 33 HIGHLAND ST, FL 1, WORCESTER, MA 01602
- Signed the 990
- KARYN R SANCHEZ, TREASURER
- Phone
- (508) 769-3532
- Return prepared by
- MASS TAX CORP
Mission
TO PROVIDE ECONOMIC GROWTH AND DEVELOPMENT WORKSHOPS AND INFO SESSIONS TO SMALL BUSINESSES IN THE COMMUNITY. TO PROVIDE GUIDANCE AND ASSISTANCE IN THE NEEDS OF THE SMALL BUSINESSES OF THE COMMUNITY TO HELP SUPPORT THESE BUSINESSES WITH THEIR BUSINESS GROWTH, DEVELOPMENT, EDUCATION SUCCESS, AND TO PROVIDE THE ABILITY FOR COLLABORATION AMONG THE SMALL BUSINESSES OF THE COMMUNITY.
Program accomplishments
- THE ANNUAL BUSINESS EXPO HOSTED TO GET SMALL BUSINESSES OF THE COMMUNITY TOGETHER AND SHOWCASE THEIR BUSINESS WHILE ALSO PROVIDING THEM WITH THE OPPORTUNITY TO NETWORK AND GROW.Expenses $43,968 · grants $32,022
- THE ARPA GRANT RECEIVED ALLOWED US TO RUN THE SUPPLIER DIVERSITY CLASSES HOSTED TO ALLOW THE EDUCATION AND ASSISTANCE TO SMALL BUSINESSES IN THEIR JOURNEY OF OBTAINING STATEWIDE CERTIFICATION. ALSO THE VENTRUE CAPITALIST COURSES AND PATHWAY TO BECOMING BANKABLE PROVIDE SMALL BUSINESSES THE OPPORTUNITY TO EDUCATE THEMSELVES ON PROPER FORMATION OF THEIR BUSINESSES AND TOOLS ON HOW TO GROW THEIR BUSINESSES, AND PREPARE THEIR FINANCIAL DOCUMENTS AND BUSINESS PLAN SO THEY CAN BE READY TO APPLY FOR FINANCING WHEN NEEDED.Expenses $188,026 · grants $197,510
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-0824363
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Income (IRS master file)
- $355,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $355,742 | $351,859 | $0 | XML |
| 990 | December 2024 | $262,138 | $251,719 | $18,456 | IRS |
| 990-EZ | December 2023 | $112,151 | $137,917 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0824363).
Questions about LATIN AMERICAN BUSINESS ORGANIZATION INC
- What is the EIN of LATIN AMERICAN BUSINESS ORGANIZATION INC?
- The employer identification number (EIN) of LATIN AMERICAN BUSINESS ORGANIZATION INC is 81-0824363.
- Is LATIN AMERICAN BUSINESS ORGANIZATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LATIN AMERICAN BUSINESS ORGANIZATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LATIN AMERICAN BUSINESS ORGANIZATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LATIN AMERICAN BUSINESS ORGANIZATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LATIN AMERICAN BUSINESS ORGANIZATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LATIN AMERICAN BUSINESS ORGANIZATION INC?
- The 990 for the year ended December 31, 2025 names ELIZABETH CRUZ.
- Who are the officers and directors of LATIN AMERICAN BUSINESS ORGANIZATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $37,050 (ELIZABETH CRUZ, PRESIDENT).
- How much revenue does LATIN AMERICAN BUSINESS ORGANIZATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $355,742, expenses of $351,859 and total assets of $0 at year end.
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