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CDC2 signals
Esperanza
Filed as Nueva Esperanza
First on record
2011
Latest filing
2023
Years filed
13
Latest revenue
$13,454,615
Latest staff
—
Current leadership
Executive
Reverend Luis Cortes Jr
President & Ceo
Reported pay
$396,023
| Name | Role |
|---|---|
| Reverend Luis Cortes Jr | President & Ceo |
| Reverend Danny Cortes | Executive Vice President |
| Matthew M Lentz | Chief Financial Officer |
| Walter Toliver | Executive Vp & General Counsel |
| William Rhoads | Sr. Vp Of Arts Center |
| Christine Nieves | Sr. Vp Of Development |
| Marli D Nascimiento | Sr. Vp Of Facilities |
| William Smith | Board Member |
| Tiffany Taveraz | Board Member |
| Ronald Gilg | Board Member |
Current as of the latest Form 990. A “departed” tag is the date that filing recorded an officer leaving, a documented transition.
CDC Tax Credit
A business sponsor contributes to this CDC for a tax credit against city business tax. Recorded in the 2015, 2019, 2020 annual reports. Source PDF →
Operational lifespan
20112023
Revenue and expenses
Revenue Expenses Possible leadership transition
Officer compensation
Total officer pay Possible leadership transition
Officer compensation shifted sharply in 2016 and 2019, each a candidate year for an executive-director change worth confirming against the 990 itself.
In the news
More on Google News →Esperanza Academy Charter School Celebrates the Class of 2026 - Impacto Media
Tacony Academy Charter vs Nueva Esperanza | Volleyball | 10/7 - MaxPreps
Girls Flag Football Coach of the Week: Lara Appelbaum, Esperanza Academy Charter School - Philadelphia Eagles
Esperanza: 40 years of advancing education, economic development, and housing in Philadelphia’s Latino community - Impacto Media
Kelly's Classroom: Esperanza Academy Charter School - FOX 29 Philadelphia
Esperanza Arts Center Launches LATIN JAZZ SHOWCASE Series In Philadelphia - BroadwayWorld
Year by year
| Year | Revenue | Expenses | Assets | Officer pay | 990 |
|---|---|---|---|---|---|
| 2023 | $13,454,615 | $13,006,335 | $44,544,879 | $739,206 | |
| 2022 | $11,856,124 | $10,142,179 | $25,298,175 | $714,757 | |
| 2021 | $12,218,705 | $8,471,132 | $22,032,264 | $772,032 | |
| 2020 | $10,961,159 | $8,664,252 | $17,535,597 | $750,509 | — |
| 2019● | $8,609,201 | $8,402,862 | $11,951,310 | $796,340 | |
| 2018 | $9,414,737 | $8,909,541 | $10,732,341 | $610,881 | |
| 2017 | $8,414,632 | $8,242,402 | $10,643,999 | $840,456 | |
| 2016● | $8,776,229 | $12,550,850 | $10,983,636 | $840,871 | |
| 2015 | $11,254,626 | $8,578,552 | $14,090,587 | $439,330 | |
| 2014 | $11,855,236 | $8,320,461 | $10,698,857 | $496,297 | |
| 2013 | $8,347,622 | $8,455,938 | $6,013,833 | $624,869 | |
| 2012 | $6,856,656 | $6,954,867 | $6,137,099 | $612,144 | |
| 2011 | $6,545,793 | $6,645,099 | $7,136,887 | $514,543 |