National Association for Latino Community Asset Builders

NALCAB strengthens the economy by advancing economic mobility for Latino communities.

General Information
Company Name
National Association for Latino Community Asset Builders
Founded Year
2002
Location (Offices)
San Antonio, United States +2
Founders / Decision Makers
Number of Employees
50
Industries
Finance
Funding Stage
Grant
Social Media

National Association for Latino Community Asset Builders - Company Profile

NALCAB (National Association for Latino Community Asset Builders) is a prominent non-profit organization with a mission to advance economic mobility for Latino communities in the United States. Founded in 2002, NALCAB operates as the central hub of a diverse national network comprising over 200 member non-profits across 46 states, Washington DC, and Puerto Rico. The organization's efforts are focused on promoting economic prosperity and opportunity by addressing various critical issues such as affordable housing, equitable neighborhood development, small business support, and financial counseling. NALCAB functions as a grantmaker and a US Treasury-certified CDFI lender, demonstrating its commitment to driving economic equity and inclusivity. The organization supports its member network through funding, training, research, and advocacy, empowering them to make impactful investments in their communities. The last significant investment of $1.00M was received as a grant from TD Asset Management on 05 March 2024. Overall, NALCAB's work aligns with the crucial goal of bolstering the economy while concentrating on the advancement of Latino communities. Its dedication to providing resources and financial assistance to hundreds of thousands of low- and moderate-income individuals reflects its commitment to creating positive social and economic change.

Taxonomy: Latino communities, economic mobility, community development, affordable housing, neighborhood development, small business growth, financial counseling, equitable development, economic equity, CDFI lender, grantmaking, advocacy, inclusivity

Funding Rounds & Investors of National Association for Latino Community Asset Builders (3)

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Funding Stage Amount No. Investors Investors Date
Grant $1.00M 1 05 Mar 2024
Grant $1.20M 1 Truist Foundation 25 Aug 2023
Grant $727.13K 1 Community Development Financial Institutions Fund 10 Apr 2023

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