National Association for Latino Community Asset Builders
The National Association for Latino Community Asset Builders (NALCAB) is a public charity based in San Antonio, Texas, that works to advance economic mobility in Latino communities. It describes itself as a nonpartisan, U.S. Treasury-certified Community Development Financial Institution (CDFI) intermediary with more than 200 CDFI and economic development nonprofit members across the 50 states, Washington, DC, and Puerto Rico.
Key facts about National Association for Latino Community Asset Builders
In short: National Association for Latino Community Asset Builders gave $2.1M across 70 grants in 2024 (avg $30K), top state California. 44% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 20-0774672
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $2,073,500
- Grants made (2024)
- 70
- Average grant
- $29,621
- Median grant
- $30,000
- New grantees (estimate)
- 44% first-time grantees (31 of 70, 2024)
- Total assets
- $44,352,039
- Primary geography
- California (18% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$44.4M
+30.7% YoY
Annual Giving
$2.1M
+64.8% YoY
Grant Count
70
+133.3% YoY
Avg Grant Size
$30K
-29.4% YoY
Is National Association for Latino Community Asset Builders open to new grantees?
44%
first-time grantees, 2024
In 2024, 31 of 70 grantees (44%) were first-time recipients. First grants averaged $26K; repeat grants $33K. How we count
Medians: $30K first-time, $30K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
NALCAB’s mission, as stated on its website, is to “build transformational wealth in Latino communities to create a more prosperous future for the entire nation.” Its 2024 filing describes its work as advancing economic mobility, with particular focus on low- and moderate-income Latino communities.
NALCAB’s stated activities include providing capital and technical assistance to member organizations and other partners; supporting affordable housing, small-business growth, and family financial capability; and conducting policy education, advocacy, and field building. Its lending program offers financing to nonprofit member organizations for small-business lending, affordable housing, and community facility development.
The 2024 grants included support for organizations working in small business, financial capability, and neighborhood development. For example, grantee Immigrant Development Center describes its mission as building business and economic skills among immigrants to support economic self-sufficiency. Enterprising Latinas says it creates opportunities for Latinas through workforce and entrepreneurial training and referrals to support services. Carolina Small Business Development Fund describes its work as providing capital, business services, and policy research to support small businesses in underserved communities. These are the grantees’ stated missions, not NALCAB’s.
Grantmaking
In 2024, NALCAB reported 70 grants totaling $2,073,500. Grant amounts ranged from $8,000 to $85,000, with a median grant of $30,000. The largest listed awards included $85,000 each to Enterprising Latinas Inc. and Immigrant Development Center; $80,000 each to Carolina Small Business Development Fund and LiftFund Inc.; and $70,000 each to Fresno Community Development Financial Institution, Seattle Economic Development Fund, Civic Community Partners Inc., and Neighborhood Housing Services of Baltimore Inc.
Other listed grants included $50,000 to Chicanos Por La Causa Inc. and $50,000 to Interfaith Community Housing of Delaware Inc. The stated purposes among these awards include small business, financial capability, and neighborhood development. NALCAB’s website describes exclusive grant opportunities for members, as well as guidance on external grants and assistance with competitive grant applications. It does not provide a process for applying for a specific grant in the information provided.
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Geographic Focus
Where this funder awards grants
NALCAB says its member network reaches all 50 states, Washington, DC, and Puerto Rico. Its 2024 grant dollars were distributed across recipient states, led by California at 18%; Texas, North Carolina, and Florida at 7% each; and Massachusetts at 6%.
Grant Distribution by State
Share of 2024 grant dollars across all 70 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $1.1M (2022) to $10.5M (2019). In 2024 it made 70 grants totaling $2.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Enterprising Latinas Inc ($85K). Together the top 10 received $710K.
Grant Size Distribution
308 grants across all recorded years
The most common grant size was under $50K: 244 grants of 308 (79%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Enterprising Latinas Inc Wimauma, FL | Small Business/Financial Capability | $85,000 |
| Immigrant Development Center Moorhead, MN | Small Business | $85,000 |
| Carolina Small Business Development Fund Raleigh, NC | Small Business | $80,000 |
| Liftfund Inc San Antonio, TX | Small Business/Financial Capability | $80,000 |
| Fresno Community Development Financial Institution Fresno, CA | Small Business | $70,000 |
| Seattle Economic Development Fund Tukwila, WA | Small Business | $70,000 |
| Civic Community Partners Inc San Diego, CA | Small Business | $70,000 |
| Neighborhood Housing Services of Baltimore Inc Baltimore, MD | Neighborhood Development/Financial Capability | $70,000 |
| Chicanos Por La Causa Inc Pheonix, AZ | Neighborhood Development/Small Business | $50,000 |
| Interfaith Community Housing of Delaware Inc Wilmington, DE | Neighborhood Development/Financial Capability | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2024 | $44,352,039 | $15,362,995 | $11,875,390 | $2,073,500 (70 grants) |
| 2023 | $33,945,413 | $9,765,064 | $9,060,888 | $1,258,000 (30 grants) |
| 2022 | $25,685,068 | $9,962,609 | $6,887,067 | $1,077,000 (36 grants) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,352,039 | $33,945,413 | $25,685,068 |
| Revenue | $15,362,995 | $9,765,064 | $9,962,609 |
| Expenses | $11,875,390 | $9,060,888 | $6,887,067 |
| Net Investment Income | $399,932 | $417,496 | $14,642 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 23, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following officers and directors:
- Alicia Nunez — Director
- Duanne Andrade — Director
- Emi Reyes — Director
- Fernando Lemos — Director
- Henry Jimenez — Director
- Lindsey Navarro — Director
- Luis Granados — Director
- Mileyka Burgos-Flores — Director
- Pedro Ramos — Treasurer
- Pedro Zamora — Director
National Association for Latino Community Asset Builders is led by Marla Bilonick, President & CEO since 2022 (on filings since 2019); 11 of 25 officers listed in 2024 are compensated.
Officers on the 2024 filing
Marla Bilonick
President & CEO
Director → Director, President & CEO, 2021
Director, President & CEO → President & CEO, 2022
On filings since 2019
40 hrs/week
$158K (2021) → $354K (2024)
Raul Raymundo
Chair
Director → Chair, 2023
On filings since 2019
1.5 hrs/week
No compensation reported
Clarinda Landeros
Director of Public Policy
On filings since 2022
40 hrs/week
$105K (2022) → $134K (2024)
Alejandra Amaroli
Director of Resource Development
On filings since 2023
40 hrs/week
$118K (2023) → $153K (2024)
Eartha Cruz
Senior Director of Human Resources & Organizational Cu
New on the 2024 filing
40 hrs/week
$109K (2024)
Jeremy Carter
Senior Director of Programs
New on the 2024 filing
40 hrs/week
$107K (2024)
Storm Taliaferrow
Senior Director of Nalce
New on the 2024 filing
40 hrs/week
$108K (2024)
Fernando Lemos
Director
Board Chair → Director, 2020
On filings since 2019
1.5 hrs/week
No compensation reported
Luis Granados
Director
Secretary → Director, 2022
On filings since 2019
1.5 hrs/week
No compensation reported
Henry Jimenez
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Lindsey Navarro
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Pedro Zamora
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Alicia Nunez
Director
New on the 2024 filing
1.5 hrs/week
No compensation reported
Duanne Andrade
Director
New on the 2024 filing
1.5 hrs/week
No compensation reported
Emi Reyes
Director
New on the 2024 filing
1.5 hrs/week
No compensation reported
Mileyka Burgos-Flores
Director
New on the 2024 filing
1.5 hrs/week
No compensation reported
Vicky Garcia
Director
New on the 2024 filing
1.5 hrs/week
No compensation reported
Levar Martin
Executive Vice President & Chief Strat
Chief Program Officer → Executive Vice President & Chief Stratergy Officer, 2022
Executive Vice President & Chief Stratergy Officer → Executive Vice President & Chief Strat, 2024
On filings since 2019
40 hrs/week
$115K (2019) → $264K (2024)
Holly L. Frindell
Chief Program Officer
On filings since 2022
40 hrs/week
$116K (2022) → $156K (2024)
Celina Gomez
Interim CFO
Interim Chief Financial Officer → Interim CFO, 2024
On filings since 2023
40 hrs/week
$156K (2023) → $49K (2024)
Maria Elena Frederick
Executive Assistant & Special Projects Officer
New on the 2024 filing
40 hrs/week
$109K (2024)
Olga Nelly Rojas-Moreno
Chief Financial Officer
New on the 2024 filing
40 hrs/week
$232K (2024)
Rafael Torres
Secretary
Director → Secretary, 2023
On filings since 2019
1.5 hrs/week
No compensation reported
Pedro Ramos
Treasurer
Director → Treasurer, 2023
On filings since 2022
1.5 hrs/week
No compensation reported
Shelly Marquez
Vice Chair
Secretary → Vice Chair, 2023
On filings since 2022
1.5 hrs/week
No compensation reported
Former officers (17)
- Former: Bea Stotzer (2019–2023) — Director
- Former: Fernando Garcia (2019–2023) — Chief Financial Officer
- Former: Janie Barrera (2019–2023) — Director
- Former: Rose Garcia (2019–2023) — Director
- Former: Ruby Azurida-Lee (2019–2023) — Director
- Former: Jose Efrain Garcia (2023) — Chief Lending & Asset Management Officer
- Former: Luis Espinosa Sayan (2023) — Director of Lending
- Former: Mileyka Burgos (2023) — Director
- Former: Isabel Watkins Rubio (2019–2022) — Chair
- Former: Jose Efrain Gracia (2022) — Chief Lending & Asset Management Officer
- Former: David Adame (2019–2021) — Chair
- Former: John Herrera (2019–2021) — Treasurer
- Former: Noel Poyo (2019–2021) — Executive Director
- Former: Raul Vazquez (2019–2021) — Director
- Former: Paulina Gonzalez-Brito (2020–2021) — Director
- Former: Larry Garcia (2019) — Treasurer
- Former: Paulina Gonzalez (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $354K, to Marla Bilonick (President & CEO). 11 officers or directors reported compensation on that filing.
Contact
Mailing address: 5404 Wurzbach Rd, San Antonio, TX 78238
Phone: (210) 227-1010
Website: https://nalcab.org
Frequently asked questions about National Association for Latino Community Asset Builders
How much does National Association for Latino Community Asset Builders give each year?
National Association for Latino Community Asset Builders gave $2.1M across 70 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.3M across 30 grants.
What is National Association for Latino Community Asset Builders's typical grant size?
National Association for Latino Community Asset Builders's median grant in 2024 was $30,000, and its average grant was $29,621, across 70 grants on its 2024 IRS Form 990. Organizations receiving their first grant from National Association for Latino Community Asset Builders that year got $26K on average.
Where does National Association for Latino Community Asset Builders give grants?
National Association for Latino Community Asset Builders's top state is California, with 18% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Texas (7%) and North Carolina (7%). The most frequent recipient cities were San Antonio, TX (5 grants), Fresno, CA (3 grants), Washington, DC (3 grants) and Chicago, IL (3 grants).
Does National Association for Latino Community Asset Builders give general operating support?
Not in 2024: none of the 70 grants with a stated purpose on National Association for Latino Community Asset Builders's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Financial Capability" (28 grants), "Small Business" (13 grants) and "Neighborhood Development" (11 grants).
Who are National Association for Latino Community Asset Builders's largest grantees?
National Association for Latino Community Asset Builders's largest 2024 grantees include Enterprising Latinas Inc ($85,000), Immigrant Development Center ($85,000) and Carolina Small Business Development Fund ($80,000), according to its 2024 IRS Form 990. Together they received 12% of its itemized 2024 grant dollars.
How large is National Association for Latino Community Asset Builders?
National Association for Latino Community Asset Builders reported $44.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $15.4M.
What does National Association for Latino Community Asset Builders fund?
NALCAB’s mission, as stated on its website, is to “build transformational wealth in Latino communities to create a more prosperous future for the entire nation.” Its 2024 filing describes its work as advancing economic mobility, with particular focus on low- and moderate-income Latino communities. See mission & focus areas ↑
How do I apply for a grant from National Association for Latino Community Asset Builders?
National Association for Latino Community Asset Builders has no public application process in the sources Grantable reviewed. Check nalcab.org for current guidelines, or contact the foundation directly before submitting a request.
What is National Association for Latino Community Asset Builders's EIN?
National Association for Latino Community Asset Builders's EIN (Employer Identification Number) is 20-0774672. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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