Form 990 for tax year 2023
Filed by UNITED STATES HISPANIC CHAMBER OF COMMERCE.
Totals
- Total revenue
- $7,352,428
- Total expenses
- $8,043,186
- Contributions and grants received
- $2,098,557
- Grants paid
- $914,968
- Program service revenue
- $4,933,834
- Investment income
- $57
- Other revenue
- $319,980
- Total assets, end of year
- $3,024,317
- Total liabilities, end of year
- $2,342,185
- Net assets or fund balances, end of year
- $682,132
- 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.
-
1e · Government grants (contributions)
$1,963,207
-
1f · All other contributions, gifts and grants
$135,350
-
1g · Noncash contributions included above
$50,200
-
2a · Program service revenue: CONVENTION & EVENTS
total $3,414,068 · related or exempt $929,335 · excluded $2,484,733
-
2b · Program service revenue: MEMBERSHIP DUES
total $1,069,766 · related or exempt $1,069,766
-
2c · Program service revenue: CONTRACT REVENUE
total $450,000 · related or exempt $450,000
-
3 · Investment income
total $57 · excluded $57
-
11a · Other revenue: ADMINISTRATIVE FEE
total $311,465 · excluded $311,465
-
11b · Other revenue: OTHER INCOME
total $8,515 · excluded $8,515
-
11e · Other revenue, total
$319,980
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $914,968
-
5 · Compensation of officers, directors and key employees
total $657,213
-
7 · Other salaries and wages
total $1,458,195
-
8 · Pension plan contributions
total $20,373
-
9 · Other employee benefits
total $167,463
-
10 · Payroll taxes
total $139,672
-
11b · Fees: legal
total $7,655
-
11c · Fees: accounting
total $167,253
-
11g · Fees: other
total $1,189,035
-
12 · Advertising and promotion
total $839
-
13 · Office expenses
total $141,335
-
16 · Occupancy
total $168,759
-
17 · Travel
total $253,286
-
19 · Conferences, conventions and meetings
total $2,321,092
-
20 · Interest
total $31,982
-
22 · Depreciation, depletion and amortization
total $16,660
-
23 · Insurance
total $39,476
-
24a · Other expenses: MEETINGS
total $206,940
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $100,276
-
24c · Other expenses: BANK FEES
total $19,533
-
24d · Other expenses: BAD DEBT
total $6,503
-
24e · All other expenses
total $14,678
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $89,529 · end of year $678,123
-
2 · Savings and temporary cash investments
beginning of year $1,398,300 · end of year $526,676
-
4 · Accounts receivable
beginning of year $1,317,928 · end of year $446,861
-
9 · Prepaid expenses and deferred charges
beginning of year $80,299 · end of year $123,604
-
10a · Land, buildings and equipment: cost or other basis
$236,882
-
10b · Land, buildings and equipment: accumulated depreciation
$67,026
-
10c · Land, buildings and equipment, net
beginning of year $68,837 · end of year $169,856
-
15 · Other assets
beginning of year $1,111,864 · end of year $1,079,197
-
17 · Accounts payable and accrued expenses
beginning of year $601,901 · end of year $1,225,982
-
19 · Deferred revenue
beginning of year $528,222 · end of year $502,809
-
25 · Other liabilities
beginning of year $1,563,744 · end of year $613,394
-
27 · Net assets without donor restrictions
beginning of year $53,241 · end of year $8,132
-
28 · Net assets with donor restrictions
beginning of year $1,319,649 · end of year $674,000
Mission and programs · 2023
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 CONFERENCE 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.
-
SMALL BUSINESS ADMINISTRATION (SBA) COMMUNITY NAVIGATORS PILOT PROGRAM (CNPP). THIS PROGRAM IS AN AWARD FROM THE SBA TO PROVIDE TECHNICAL ASSISTANCE AND DEVELOPMENT TO HISPANIC AND MINORITY-OWNED SMALL BUSINESSES TO NAVIGATE THE POST-PANDEMIC ECONOMY.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Victor AriasVICTOR ARIAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carlos A BecerraCARLOS A BECERRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ernie Cde BacaERNIE CDE BACA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Yuri CunzaYURI CUNZA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jaime Di PauloJAIME DI PAULO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Reuben FrancoREUBEN FRANCO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sil GonzalesSIL GONZALES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patty JurezPATTY JUREZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Juan Carlos LiscanoJUAN CARLOS LISCANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rachel KutzRACHEL KUTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roberto MartinezROBERTO MARTINEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rosa NavejarROSA NAVEJAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mayra PinedaMAYRA PINEDA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jacquelyn PuenteJACQUELYN PUENTE
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nelson ReyneriNELSON REYNERI
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Christine RiceCHRISTINE RICE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alice RodriguezALICE RODRIGUEZ
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jennifer RodriguezJENNIFER RODRIGUEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Raul SalinasRAUL SALINAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Yammel Snchez-OcanaYAMMEL SNCHEZ-OCANA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Cesar VargasCESAR VARGAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ramiro A CavazosRAMIRO A CAVAZOS
PRESIDENT & CEO
- Total calculated
- $479,828
- From this org
- $473,052
- From related orgs
- $0
- Other
- $6,776
- Hours/week
- 40 + 10 related
Schedule J breakdown matched by us
- Base
- $393,052
- Bonus
- $80,000
- Other
- $0
- Deferred
- $5,625
- Nontaxable benefits
- $1,151
- Filer's total
- $479,828
-
Jessica CavazosJESSICA CAVAZOS
BOARD MEMBER (ENDED MARCH 2023)
- Total calculated
- $0
- Hours/week
- 1
-
Evelyn BarahonaEVELYN BARAHONA
SVP USHCC EDUCATIONAL FUND
- Total calculated
- $177,385
- From this org
- $173,542
- From related orgs
- $0
- Other
- $3,843
- Hours/week
- 10 + 40 related
Schedule J breakdown matched by us
- Base
- $166,459
- Bonus
- $7,083
- Other
- $0
- Deferred
- $2,692
- Nontaxable benefits
- $1,151
- Filer's total
- $177,385
-
Jessica CoronadoJESSICA CORONADO
DIRECTOR, OPERATIONS & BOARD LIAISON
- Total calculated
- $143,865
- From this org
- $133,904
- From related orgs
- $0
- Other
- $9,961
- Hours/week
- 40
-
Anthony HinojosaANTHONY HINOJOSA
VP, GOVERNMENT & INTERNATIONAL AFFAIRS
- Total calculated
- $150,634
- From this org
- $137,906
- From related orgs
- $0
- Other
- $12,728
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,656
- Bonus
- $6,250
- Other
- $0
- Deferred
- $2,750
- Nontaxable benefits
- $9,978
- Filer's total
- $150,634
-
Synthia JaramilloSYNTHIA JARAMILLO
SVP CORPORATE RELATIONS
- Total calculated
- $204,035
- From this org
- $201,875
- From related orgs
- $0
- Other
- $2,160
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,750
- Bonus
- $8,125
- Other
- $0
- Deferred
- $1,009
- Nontaxable benefits
- $1,151
- Filer's total
- $204,035
-
Felipe UgaldeFELIPE UGALDE
CHIEF OPERATING OFFICER
- Total calculated
- $225,403
- From this org
- $199,252
- From related orgs
- $0
- Other
- $26,151
- Hours/week
- 40 + 10 related
Schedule J breakdown matched by us
- Base
- $190,919
- Bonus
- $8,333
- Other
- $0
- Deferred
- $3,052
- Nontaxable benefits
- $23,099
- Filer's total
- $225,403
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
-
CIRCULAR BOARD DBA HELLO ALICE
$250,000
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
LATINO BUSINESS ACTION NETWORK
$235,734
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
LATINO LEADERS (CLIFNET LLC)
$17,400
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
FLORIDA HISPANIC AMERICAN CHAMBER OF COMMERCE INC
$9,000
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
-
BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
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.
-
UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND
501(C)(3) · BUSINESS EDUCATION · DC · controlled entity
Directly controlled by UNITED STATES HISPANIC CHAMBER OF COMMERCE
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
- 2023
- Filed
- 24 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412989349301951
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.