Latin American Community Social Psychology (CSP) is one of the few psychological disciplines that has had an autonomous development in our region. This development has been characterized by a theoretical, methodological and applied production derived from the diverse and complex problems in our context. The development includes academic and non-academic practices and products, as evidenced by numerous undergraduate and graduate university courses and programs in the field, as well as its multiple areas of application (health, environment, education, slums, disasters, public policies), processes (organization, participation, critical reflection, consciousness raising, leadership, empowerment, feeling of belonging, identity), scopes of action (governmental and nongovernmental organizations, health centers, educational institutions, community organizations, residential communities), populations (particularly socially vulnerable and economically disadvantaged groups), activities (research, intervention, evaluation, training, negotiation, prevention, conferences, publications). The increasing number and variety of activities undertaken by CSP professionals provide support for a sustained growth of the discipline. However, has CSP’s trajectory been in accordance with the needs, principles, values and goals that guided the field’s birth half a century ago? Have CSP’s accomplishments satisfied its founders’ expectations? What is the current pertinence of such accomplishments and of the elements which oriented their fulfillment, in view of rapid and continuous changes in virtually all society’s domains? Have CSP’s theoretical developments contributed to solve psychosocial problems it initially aimed to address? Have methodological strategies employed, developed or adapted by CSP been useful for understanding, managing and producing knowledge about the issues addressed? In addition, considering CSP trajectory, can we refer at the end of the first decade of the millenium, to the same but grown up and established discipline, or are different CSP’s emerging?, Which are some dilemmas and challenges currently confronted by researchers, academicians, practitioners, advocates, whose timings, tasks and demands vary? Are universities providing adequate training in terms of skills and tools for working with communities? Which are some of the myths on CSP that have emerged? Finally, has CSP contributed, both from inside and outside academy to ameliorate poverty in our continent? These, as well as many other questions and answers coming from participants in the Third Conference will undoubtedly help to collectively strenghten old but still relevant directions for the discipline and to outline new ones, that will make us and the people we work with better human beings.