Dr. Caraballo presently serves on the Board of Directors for the American Society for Public Administration (ASPA) - South Florida Chapter and is a past President. She is also the current Chair and former Treasurer of ASPA's Section for Women in Public Administration. She has organized several professional conferences and summits for the South Florida Diversity Council and its affiliate, the Council for Corporate Responsibility. She served as the Faculty Advisor for the Pi Alpha Alpha Honor Society at FIU, a chapter of the national honor society for public affairs and administration, for more than seven years.