2016-08-09T12:45:55-05:00 2015-09-30 BDO USA LLP 8401 GREENSBORO DRIVE SUITE 800 MCLEAN VA 22102 990 2014-10-01 522268398 STRATEGIC INVESTMENT FUND FOR LA RAZA INC % HOLLY BLANCHARD STRA 2027851670 1126 16TH STREET NW WASHINGTON DC 200364845 HOLLY BLANCHARD CFO 7038930600 2016-08-09 true Joyce Underwood P00022361 7038930600 2014 2016-12-15 16:53:06Z Janet Murguia 1126 16TH STREET NW WASHINGTON DC 200364845 17403820 false X N/A X 2000 DE see schedule o 7 5 0 7 0 0 0 0 0 1832821 1969220 0 0 1832821 1969220 1035587 1072728 0 0 134033 138084 0 0 0 278077 282587 1447697 1493399 385124 475821 37077547 35427548 32062433 32670056 5015114 2757492 X STRATEGIC INVESTMENT FUND FOR LA RAZA, INC. (SIFLR) IS A NONPROFIT ORGANIZATION ESTABLISHED TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF NATIONAL COUNCIL OF LA RAZA (NCLR), TO ENGAGE IN ANY AND ALL ACTIVITIES NECESSARY OR APPROPRIATE TO RAISE FUNDS FOR THE PURPOSES OF THE ORGANIZATION, INCLUDING THE SOLICITATION OF CONTRIBUTIONS FROM PUBLIC AND PRIVATE SOURCES WHEREVER LOCATED, AND, TO DO ANY AND ALL LAWFUL ACTS THAT MAY BE NECESSARY, USEFUL, SUITABLE, OR PROPER TO FURTHER THE PURPOSES OF THE ORGANIZATION. false false 1072728 1072728 GRANTS TO NATIONAL COUNCIL OF LA RAZA (NCLR) IN SUPPORT OF NCLR'S GENERAL OPERATIONS AND STRATEGIC PROGRAM ACTIVITIES. 1072728 true false false false false false false false false false false true false false true true true true false false false false false false false false false true false true false false false true false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false X 7 5 false false false false false false false true true false false true true true true true true true true false DE DC X HOLLY BLANCHARD 2027851670 1126 16TH STREET NW Washington DC 200364845 X Monica Lozano Board Chair 1.0 0.0 X 0 0 0 Janet Murguia President and CEO 3.5 36.5 X X 40803 425525 37387 Daniel R Ortega Jr Board Member 1.0 0.0 X 0 0 0 Ernest Ortega Board Member 1.0 1.0 X 0 0 0 Delia Pompa Board MemBER 2.0 38.0 X X 0 221115 26313 Ken Trujillo Board Member 1.0 0.0 X 0 0 0 Holly Blanchard CFO 9.0 32.0 X X 51166 181935 26233 91969 828575 89933 0 false true false Morgan Stanley Smith Barney 1775 Eye St NW Suite 200 WASHINGTON DC 20006 INVSMT ADVISORY FEES 204689 1 0 0 820056 820056 0 0 0 0 0 16583764 15434600 1149164 1149164 1149164 0 0 0 0 1969220 1969220 1072728 1072728 0 0 0 113023 113023 0 18875 18875 0 6186 6186 0 0 7054 7054 15380 15380 0 0 185899 185899 60699 60699 0 1119 1119 1046 1046 0 0 0 0 -6399 -6399 0 0 0 394 394 EQUIPMENT RENTAL 71 71 MISCELLANEOUS 17324 17324 1493399 1072728 420671 0 10900 27096 0 0 0 0 0 0 0 0 8898944 9169613 0 0 0 0 0 0 0 22205747 20397675 5961956 5833164 0 0 0 0 0 0 37077547 35427548 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 32062433 32670056 32062433 32670056 X 5015114 2757492 0 0 0 0 5015114 2757492 37077547 35427548 475821 -2733443 X X false true X true false X X 1 NATIONAL COUNCIL OF LA RAZA INC 860212873 7 true 1072728 0 1 1072728 0 true false false false false false false false false false false false false false false true false REGULATED INVESTMENT COMPANY 1216615 F LIMITED PARTNERSHIPS 4616549 F 5833164 0 DUE TO NATIONAL COUNCIL OF LA RAZA 725856 FUNDS HELD IN TRUST 31944200 32670056 X -764223 -2733443 -2733443 1969220 1969220 1493399 1493399 1493399 FORM 990, SCHEDULE D, PART X, LINE 2: NCLR does not believe there are any material uncertain tax positions and accordingly, will not recognize any liability for unrecognized tax benefits. NCLR has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, NCLR has filed Internal Revenue Form 990 tax returns as required and all applicable returns in those jurisdictions where it is required. NCLR believes that it is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for tax years before 2012. However, NCLR is still open to examinations by tax authorities from fiscal year 2012 forward. For the years ended September 30, 2015 and 2014, there were no interest or penalties recorded in the consolidated statements of activities. true NATIONAL COUNCIL OF LA RAZA 1126 16TH ST NW washington DC 200364845 860212873 501(C)(3) 1072728 general operations 1 FORM 990, SCHEDULE I, part I, line 2: Funds are provided to the supported organization, NCLR, for general OPERATiONS. false false false false false false false false false Janet Murguia President and CEO 40571 423105 0 0 232 2420 1531 15969 1740 18147 44074 459641 0 0 Delia Pompa Board MemBER 0 217431 0 0 0 3684 0 15611 0 10702 0 247428 0 0 Holly Blanchard CFO 50652 180109 0 0 514 1826 3693 13132 2065 7343 56924 202410 0 0 HOGAR HISPANO INC DISQUALIFIED PERSON see part V X 7756032 9169613 false true true 9169613 FORM 990, schedule L, part II, Line 1: LOANS TO AND FROM INTERESTED PERSONS - HOGAR HISPANO, INC. C) PURPOSE OF LOAN: Support start up, addl $2 million FY 9/08, $808,000 convert to grant FY 9/09 FORM 990, PART I, LINE 1: Strategic Investment Fund for La Raza, Inc. (SIFLR) is a nonprofit organization established to support the charitable and educational activities of National Council of La Raza (NCLR), to engage in any and all activities necessary or appropriate to raise funds for the purposes of the organization, including the solicitation of contributions from public and private sources wherever located, and, to do any and all lawful acts that may be necessary, useful, suitable, or proper to further the purposes of the organization. FORM 990, PART VI, SECTION B, LINE 11: THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, BDO USA, AND IS REVIEWED BY THE ORGANIZATION'S FINANCIAL STAFF, INCLUDING THE CHIEF FINANCIAL OFFICER And OTHER KEY EXECUTIVES. THE BOARD REVIEWS AND ACCEPTS THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY BY THE BOARD LIAISON TO BOARD MEMBERS. ALL ARE ASKED TO SIGN AND RETURN A STATEMENT IDENTIFYING ANY CONFLICTING INTERESTS. CONFLICTS ARE REVIEWED BY THE SECRETARY WHO RECOMMENDS ACTION, IF ANY. FORM 990, PART VI, SECTION B, LINE 15: NCLR's Compensation Committee is charged with oversight for determining the adequacy and reasonableness of the compensation and benefits paid to the chief executive. Within this process, the Committee will conduct an annual performance evaluation that may deem appropriate and includes a chief executive compensation analysis study. In carrying out its responsibilities, the committee may rely upon reasoned written opinions of legal counsel and of qualified legal, accounting, compensation, and valuation experts. Legal counsel may be in-house or independent. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. form 990, Part VII, Section A, LINE 1A, COLUMN (B): Additional Information on Average Hours Per Week: The hours shown in Form 990, Part VII, for compensated employees represent the hours recorded in our payroll system. The actual hours worked by the compensated individuals are significantly higher than those shown in Part VII. FORM 990, PART XII, LINE 2C: There have been no changes during the year in the process for oversight of the audit of the financial statements. NATIONAL COUNCIL OF LA RAZA INC 1126 16TH STREET NW Washington DC 20036 860212873 SEE PART VII AZ 501(c)(3) 7 na false Raza Development Fund Inc 1 E WASHINGTON ST STE 2250 Phoenix AZ 85004 521954196 SEE PART VII DC 501(c)(3) 11a na false false true false false false false false false false false false false false true true false false false FORM 990, PART II, LINE 1(B) - PRIMARY ACTIVITY: NATIONAL COUNCIL OF LA RAZA, INC. - PRIMARY ACTIVITY: works to improve opportunities for Hispanic Americans FORM 990, PART II, LINE 2(B) - PRIMARY ACTIVITY: RAZA DEVELOPMENT FUND - PRIMARY ACTIVITY: Community development financial institution