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Nonprofiteer
← UNITED STATES HISPANIC CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by UNITED STATES HISPANIC CHAMBER OF COMMERCE.

Totals

Total revenue
$8,403,407
Total expenses
$6,884,585
Contributions and grants received
$3,939,630
Grants paid
$1,294,868
Program service revenue
$4,232,436
Investment income
$72
Other revenue
$231,269
Total assets, end of year
$4,066,757
Total liabilities, end of year
$2,693,867
Net assets or fund balances, end of year
$1,372,890
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,036,866

  • 1e · Government grants (contributions)

    $2,489,764

  • 1f · All other contributions, gifts and grants

    $413,000

  • 1g · Noncash contributions included above

    $52,500

  • 2a · Program service revenue: CONVENTION & EVENTS

    total $3,585,436 · related or exempt $719,665 · excluded $2,865,771

  • 2b · Program service revenue: PROJECT REVENUE

    total $595,000 · related or exempt $595,000

  • 2c · Program service revenue: CONTRACT REVENUE

    total $52,000 · related or exempt $52,000

  • 3 · Investment income

    total $72 · excluded $72

  • 11a · Other revenue: ADMINISTRATIVE FEE

    total $196,348 · excluded $196,348

  • 11b · Other revenue: REFUND & REIMBURSEMENT

    total $34,921 · excluded $34,921

  • 11e · Other revenue, total

    $231,269

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,294,868

  • 5 · Compensation of officers, directors and key employees

    total $1,004,760

  • 7 · Other salaries and wages

    total $650,931

  • 8 · Pension plan contributions

    total $8,833

  • 9 · Other employee benefits

    total $75,496

  • 10 · Payroll taxes

    total $102,289

  • 11b · Fees: legal

    total $9,295

  • 11c · Fees: accounting

    total $157,132

  • 11g · Fees: other

    total $1,053,348

  • 16 · Occupancy

    total $353,169

  • 17 · Travel

    total $128,755

  • 19 · Conferences, conventions and meetings

    total $1,868,446

  • 20 · Interest

    total $36,167

  • 22 · Depreciation, depletion and amortization

    total $35,932

  • 23 · Insurance

    total $38,986

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $64,784

  • 24b · Other expenses: MISC

    total $1,394

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $626,551 · end of year $89,529

  • 2 · Savings and temporary cash investments

    beginning of year $471,974 · end of year $1,398,300

  • 4 · Accounts receivable

    beginning of year $672,225 · end of year $1,317,928

  • 9 · Prepaid expenses and deferred charges

    beginning of year $79,800 · end of year $80,299

  • 10a · Land, buildings and equipment: cost or other basis

    $180,388

  • 10b · Land, buildings and equipment: accumulated depreciation

    $111,551

  • 10c · Land, buildings and equipment, net

    beginning of year $54,374 · end of year $68,837

  • 15 · Other assets

    beginning of year $285,613 · end of year $1,111,864

  • 17 · Accounts payable and accrued expenses

    beginning of year $236,237 · end of year $601,901

  • 19 · Deferred revenue

    beginning of year $1,051,023 · end of year $528,222

  • 25 · Other liabilities

    beginning of year $1,049,209 · end of year $1,563,744

  • 27 · Net assets without donor restrictions

    beginning of year -$232,515 · end of year $53,241

  • 28 · Net assets with donor restrictions

    beginning of year $86,583 · end of year $1,319,649

Mission and programs · 2022

Mission

THE MISSION OF THE UNITED STATES HISPANIC CHAMBER OF COMMERCE (USHCC) IS TO BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.

Activities or mission (Part I)

BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.

  • USHCC NATIONAL CONVENTION IS THE LARGEST GATHERING OF HISPANIC BUSINESS REPRESENTING LOCAL HISPANIC CHAMBERS OF COMMERCE, HISPANIC BUSINESS LEADERS, AND CORPORATE PARTNERS, TO FOSTER HISPANIC ECONOMIC DEVELOPMENT FOR THE GREATER AMERICAN ECONOMY.

  • LEGISLATIVE CONFERENCE - THIS PROGRAM IS THE LEADING LEGISLATIVE FORUM REPRESENTING THE INTERESTS OF THE LATINO AND LATINA BUSINESS COMMUNITY. IT BRINGS TOGETHER HISPANIC ELECTED OFFICIALS, MEMBERS OF CONGRESS, OVERNMENT LEADERS, INFLUENTIAL HISPANIC ENTREPRENEURS AND MEMBERS OFCORPORATE AMERICA TO DISCUSS THE IMPORTANT ISSUES AFFECTING THE HISPANIC BUSINESS COMMUNITY.

  • ENERGY SUMMIT - THIS PROGRAM IS TO BRING TOGETHER STAKEHOLDERS FROM ACROSS THE ENERGY SECTOR TO SHARE KNOWLEDGE OF RELEVANT ENERGY ISSUES AND TO ENSURE THE ROLE OF HISPANIC BUSINESS ENTERPRISES WITHIN THE INDUSTRY.

As filed on the 2022 return.

Listed in Part VII

  • Alice Rodriguez

    CHAIRWOMAN - UNTIL 12/2022

    Total calculated
    $0
    Hours/week
    5 + 1 related
  • Betty Manetta

    SECRETARY - UNTIL 12/2022

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Carlos Becerra

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Christine Rice

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ernie C'De Baca

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jaquelyn Puente

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jennifer Rodriguez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jessica Cavazos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Juan Carlos Liscano

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mayra Pineda

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Monika Mantilla

    BOARD MEMBER - UNTIL 12/2022

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Nelson Reyneri Jr

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ramiro Cavazos

    PRESIDENT & CEO

    Total calculated
    $466,276
    From this org
    $460,000
    From related orgs
    $0
    Other
    $6,276
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $375,000
    Bonus
    $85,000
    Other
    $0
    Deferred
    $5,125
    Nontaxable benefits
    $1,151
    Filer's total
    $466,276
  • Raul Salinas

    GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Regina Heyward

    AUDIT COMMITTEE CHAIR - UNTIL 12/2022

    Total calculated
    $0
    Hours/week
    1
  • Reuben Franco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Roberto Martinez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rosa Navejar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rosa Santana

    BOARD MEMBER - UNTIL 12/2022

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sil Gonzales

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Victor Arias Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Yuri Cunza

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rachel Kutz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Yammel Sanchez-Ocaa

    BOARD MEMBER/AUDIT COMMITTEE CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Christopner L Cavazos

    VICE PRESIDENT OF GOVERNMENT & INT'L AFFAIRS

    Total calculated
    $158,152
    From this org
    $148,897
    From related orgs
    $0
    Other
    $9,255
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,897
    Bonus
    $0
    Other
    $0
    Deferred
    $1,506
    Nontaxable benefits
    $7,749
    Filer's total
    $158,152
  • Synthia R Jaramillo

    SENIOR VICE PRESIDENT OF CORPORATE RELATIONS

    Total calculated
    $188,707
    From this org
    $187,500
    From related orgs
    $0
    Other
    $1,207
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,500
    Bonus
    $0
    Other
    $0
    Deferred
    $56
    Nontaxable benefits
    $1,151
    Filer's total
    $188,707
  • Felipe E Ugalde

    CHIEF OPERATIONS OFFICER

    Total calculated
    $191,626
    From this org
    $170,149
    From related orgs
    $0
    Other
    $21,477
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $170,149
    Bonus
    $0
    Other
    $0
    Deferred
    $2,200
    Nontaxable benefits
    $19,277
    Filer's total
    $191,626

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • USHCC ENTERPRISES INC

    ADVISORY SERVICES · DC

    Directly controlled by UNITED STATES HISPANIC CHAMBER OF COMMERCE

  • USHCC MEDIA VENTURES LLC

    MEDIA · DC

    Directly controlled by UNITED STATES HISPANIC CHAMBER OF COMMERCE

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349322153

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