The National Association for Latino Community Asset Builders (NALCAB) is a prominent network of over 200 nonprofit organizations that are dedicated to advancing the economic and social welfare of Latino communities across the United States, including Washington D.C. and Puerto Rico. Established to support community economic development, NALCAB focuses on small business development, financial capability, and equitable neighborhood development. The organization is renowned for its role in impacting policy and providing grants, loans, and capacity-building training. Headquartered in San Antonio, Texas, and led by CEO Marla Bilonick, NALCAB has successfully mobilized significant financial resources toward initiatives benefiting Latino communities. Since its founding, it has grown to become an essential player in the advocacy and support of economic equity and mobility within Latino populations.
Attribute | Information |
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Founding Date | Unknown |
Headquarters | San Antonio, Texas, USA |
Founders | Not specified |
Revenue | Not specified |
Profits | Not specified |
Key Investors | Various public and private investors |
Industry | Nonprofit Economic Development |
Number of Employees | Not specified |
NALCAB was formed to create a collaborative network of nonprofit organizations focused on boosting economic opportunities in Latino communities. Since its inception, it has positioned itself as a crucial advocate for economic equity through innovative projects and partnerships with local and federal agencies. Over the years, NALCAB has effectively grown its membership base and expanded its reach to include a diverse range of initiatives that address the unique financial and social challenges faced by Latino communities across the United States. The organization's efforts have been pivotal in influencing economic policies that cater to underserved communities, thereby facilitating systemic change and creating sustainable opportunities.
As a leading network in Latino economic development, NALCAB works extensively to support its member organizations in deploying capital, technical assistance, and capacity building. Its multifaceted approach involves:
Currently, NALCAB is actively involved in strategic initiatives that foster economic equity for Latino communities. It continues to build on its reputation as a hub for Latino-serving organizations by increasing its advocacy for enhanced federal funding opportunities and financial protections for minority communities. Its impactful strategy is manifest in its consistent involvement in public policy reform, supporting small business growth, and advocating for affordable housing initiatives. NALCAB is widely recognized for its capability to drive economic mobility and is likely to continue influencing economic policies and community development practices.
NALCAB has established itself as a vital force in advancing economic opportunities for Latino communities in the United States. Through its expansive network, the organization has managed to influence both policy and practice, resulting in increased economic mobility for Latino populations. Looking forward, NALCAB's focus on strategic partnerships, capacity building, and advocacy suggests it will continue to be a key player in shaping the landscape of economic development, advocating for equitable systems, and empowering Latino communities nationwide.