Form 990 for tax year 2023
Filed by CONGRESSIONAL HISPANIC CAUCUS INSTITUTE INC.
Totals
- Total revenue
- $12,828,529
- Total expenses
- $12,182,719
- Contributions and grants received
- $10,702,981
- Grants paid
- $17,688
- Program service revenue
- $4,250,476
- Investment income
- $351,332
- Other revenue
- -$2,476,260
- Total assets, end of year
- $27,869,413
- Total liabilities, end of year
- $1,783,951
- Net assets or fund balances, end of year
- $26,085,462
- Program services expenses (Part IX)
- $8,718,463
- Management and general expenses
- $2,748,197
- Fundraising expenses
- $716,059
- Program service expenses (Part III)
- $8,718,463
Program services were 71.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1c · Fundraising events
$4,144,801
-
1f · All other contributions, gifts and grants
$6,558,180
-
2a · Program service revenue: ANNUAL CONFERENCE
total $2,814,283 · related or exempt $2,814,283
-
2b · Program service revenue: REGIONAL PROGRAMMING
total $1,436,193 · related or exempt $1,436,193
-
3 · Investment income
total $322,033 · excluded $322,033
-
7a · Gross sales of assets other than inventory
securities $1,892,894
-
7b · Less cost or other basis and sales expenses
securities $1,863,595
-
7c · Gain or loss
securities $29,299
-
7d · Net gain or loss
total $29,299 · excluded $29,299
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$4,144,801
-
8b · Fundraising events: direct expenses
$2,476,260
-
8c · Net income from fundraising events
total -$2,476,260 · excluded -$2,476,260
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $17,688 · program services $17,688
-
5 · Compensation of officers, directors and key employees
total $530,739 · program services $403,362 · management and general $95,533 · fundraising $31,844
-
7 · Other salaries and wages
total $3,979,243 · program services $2,628,916 · management and general $903,884 · fundraising $446,443
-
8 · Pension plan contributions
total $91,641 · program services $37,858 · management and general $38,880 · fundraising $14,903
-
9 · Other employee benefits
total $415,697 · program services $273,892 · management and general $104,451 · fundraising $37,354
-
10 · Payroll taxes
total $415,781 · program services $246,801 · management and general $125,172 · fundraising $43,808
-
11c · Fees: accounting
total $37,090 · management and general $37,090
-
11f · Fees: investment management
total $53,702 · management and general $53,702
-
11g · Fees: other
total $865,025 · program services $570,495 · management and general $264,616 · fundraising $29,914
-
13 · Office expenses
total $97,464 · program services $18,004 · management and general $79,460
-
14 · Information technology
total $595,374 · program services $281,279 · management and general $311,257 · fundraising $2,838
-
16 · Occupancy
total $127,428 · program services $101,729 · management and general -$37,259 · fundraising $62,958
-
17 · Travel
total $2,402,387 · program services $2,085,790 · management and general $290,300 · fundraising $26,297
-
19 · Conferences, conventions and meetings
total $537,936 · program services $497,756 · management and general $39,585 · fundraising $595
-
20 · Interest
total $18,164 · management and general $18,164
-
22 · Depreciation, depletion and amortization
total $231,031 · management and general $231,031
-
23 · Insurance
total $58,956 · management and general $58,956
-
24a · Other expenses: STAGING AND PRODUCTION
total $1,406,454 · program services $1,390,380 · management and general $16,074
-
24b · Other expenses: SUBSCRIPTIONS AND PUBLI
total $201,117 · program services $141,316 · management and general $57,312 · fundraising $2,489
-
24c · Other expenses: OTHER EXPENSES
total $99,802 · program services $23,197 · management and general $59,989 · fundraising $16,616
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,831,983 · end of year $2,889,840
-
2 · Savings and temporary cash investments
beginning of year $4,923,881 · end of year $3,529,217
-
3 · Pledges and grants receivable
beginning of year $2,155,446 · end of year $2,892,172
-
9 · Prepaid expenses and deferred charges
beginning of year $59,525 · end of year $45,015
-
10a · Land, buildings and equipment: cost or other basis
$7,890,673
-
10b · Land, buildings and equipment: accumulated depreciation
$1,646,523
-
10c · Land, buildings and equipment, net
beginning of year $6,329,065 · end of year $6,244,150
-
11 · Investments: publicly traded securities
beginning of year $10,164,166 · end of year $12,247,423
-
15 · Other assets
beginning of year $40,107 · end of year $21,596
-
17 · Accounts payable and accrued expenses
beginning of year $624,927 · end of year $785,780
-
19 · Deferred revenue
beginning of year $716,215 · end of year $717,000
-
23 · Secured mortgages and notes payable
beginning of year $398,147 · end of year $248,114
-
25 · Other liabilities
beginning of year $66,798 · end of year $33,057
-
27 · Net assets without donor restrictions
beginning of year $20,346,966 · end of year $21,510,848
-
28 · Net assets with donor restrictions
beginning of year $4,351,120 · end of year $4,574,614
Mission and programs · 2023
Mission
CHCI'S MISSION IS TO DEVELOP THE NEXT GENERATION OF LATINO LEADERS.
-
PUBLIC POLICY AND POSTGRADUATE FELLOWSHIP PROGRAMS: THESE PROGRAMS OFFER ON AVERAGE 26 TALENTED, YOUNG LATINOS A YEAR, WHO HAVE EARNED THEIR BACHELOR'S OR MASTER'S DEGREES RESPECTIVELY, THE OPPORTUNITY TO PARTICIPATE IN A NINE MONTH PUBLIC POLICY AND POSTGRADUATE FELLOWSHIP PROGRAM ON CAPITOL HILL IN A CONGRESSIONAL OFFICE, COMMITTEE, FEDERAL AGENCY, OR NATIONAL NONPROFIT ORGANIZATION. THE PLACEMENT EXPERIENCE IS COMPLEMENTED BY WEEKLY EDUCATIONAL AND LEADERSHIP TRAINING OPPORTUNITIES. THEY ALSO GET TO CONNECT WITH OUR NATION'S LEADERS ON VARIOUS ISSUES. FELLOWS RECEIVE ROUNDTRIP AIRFARE, A BI-MONTHLY STIPEND, MONTHLY METRO BENEFIT CARD, AND OPTIONAL HEALTHCARE.
Expenses $1,801,564
-
CONGRESSIONAL INTERNSHIP PROGRAM: THESE INTERNSHIPS RUN SUMMER AND FALL AND PROVIDE APPROXIMATELY 66 COLLEGE UNDERGRADUATES A YEAR THE OPPORTUNITY TO BE PLACED IN A CONGRESSIONAL OFFICE TO GAIN FIRST-HAND KNOWLEDGE OF THE U.S. LEGISLATIVE PROCESS. THE PLACEMENT EXPERIENCE IS COMPLEMENTED BY WEEKLY EDUCATIONAL AND LEADERSHIP TRAININGS AND OPPORTUNITIES TO CONNECT WITH OUR NATION'S LEADERS ON VARIOUS ISSUES. INTERNS RECEIVE ROUNDTRIP AIRFARE, A BI-MONTHLY STIPEND, MONTHLY METRO BENEFIT CARD, HOUSING AND OPTIONAL HEALTHCARE.
Expenses $1,116,862
-
LEADERSHIP CONFERENCE: EVERY YEAR, CHCI CONVENES HUNDREDS OF CURRENT AND EMERGING LEADERS FROM THE PUBLIC AND PRIVATE SECTORS TO DISCUSS CRITICAL POLICY ISSUES AND TRENDS AFFECTING THE LATINO COMMUNITY AND THE NATION. THE TWO-DAY LEADERSHIP CONFERENCE FEATURES SUMMITS AND PLENARIES, OFTEN CHAIRED BY MEMBERS OF CONGRESS AND CHCI'S BOARD OF DIRECTORS, THAT ADDRESS ISSUES SUCH AS HOME OWNERSHIP, WORKFORCE DEVELOPMENT, GENDER PARITY, DIVERSITY AND INCLUSION, EDUCATION, HEALTHCARE, IMMIGRATION, WORKFORCE DEVELOPMENT, ENTREPRENEURSHIP, TECHNOLOGY AND OTHER CONTEMPORARY ISSUES INCLUDING CORPORATE SOCIAL RESPONSIBILITY.
Expenses $2,649,066 · Grants $15,000 · Revenue $2,814,283
-
Expenses $3,150,971 · Grants $2,688 · Revenue $1,436,193
As filed on the 2023 return.
Listed in Part VII
-
Rep Adriano EspaillatREP ADRIANO ESPAILLAT
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1.5
-
Leo MunozLEO MUNOZ
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Maria Luisa BoyceMARIA LUISA BOYCE
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Peter R VillegasPETER R VILLEGAS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Silvia R AldanaSILVIA R ALDANA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angela M ArboledaANGELA M ARBOLEDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adriana BarajasADRIANA BARAJAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rep Tony CardenasREP TONY CARDENAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Evelyn DejesusEVELYN DEJESUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce HarrisBRUCE HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sen Ben Ray LujanSEN BEN RAY LUJAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Antonio MoyaANTONIO MOYA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ademola OyefesoADEMOLA OYEFESO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jesse PriceJESSE PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rep Darren SotoREP DARREN SOTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zuraya Tapia HadleyZURAYA TAPIA HADLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rep Norma TorresREP NORMA TORRES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rep Nanette BarraganREP NANETTE BARRAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ignacio A SandovalIGNACIO A SANDOVAL
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 1
-
Marco A DavisMARCO A DAVIS
PRESIDENT AND CEO
- Total calculated
- $291,562
- From this org
- $253,793
- From related orgs
- $0
- Other
- $37,769
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $243,793
- Bonus
- $10,000
- Other
- $0
- Deferred
- $12,190
- Nontaxable benefits
- $25,579
- Filer's total
- $291,562
-
Leroy Latimore IILEROY LATIMORE II
CHIEF FINANCIAL OFFICER
- Total calculated
- $214,928
- From this org
- $185,986
- From related orgs
- $0
- Other
- $28,942
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $174,986
- Bonus
- $11,000
- Other
- $0
- Deferred
- $10,656
- Nontaxable benefits
- $18,286
- Filer's total
- $214,928
-
Yvette MaldonadoYVETTE MALDONADO
VICE PRESIDENT HUMAN RESOU
- Total calculated
- $154,908
- From this org
- $144,950
- From related orgs
- $0
- Other
- $9,958
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $133,450
- Bonus
- $11,500
- Other
- $0
- Deferred
- $8,190
- Nontaxable benefits
- $1,768
- Filer's total
- $154,908
-
Lisa WaltonLISA WALTON
VICE PRESIDENT STRATEGIC E
- Total calculated
- $128,692
- From this org
- $119,406
- From related orgs
- $0
- Other
- $9,286
- Hours/week
- 50
-
Daniela FernandezDANIELA FERNANDEZ
VICE PRESIDENT, DEVELOPMEN
- Total calculated
- $139,175
- From this org
- $127,131
- From related orgs
- $0
- Other
- $12,044
- Hours/week
- 50
-
Audrey LopezAUDREY LOPEZ
VICE PRESIDENT , COMMUNICA
- Total calculated
- $158,012
- From this org
- $149,543
- From related orgs
- $0
- Other
- $8,469
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $138,543
- Bonus
- $11,000
- Other
- $0
- Deferred
- $6,710
- Nontaxable benefits
- $1,759
- Filer's total
- $158,012
-
Caroline Gonzalez ScottCAROLINE GONZALEZ SCOTT
VICE PRESIDENT, PROGRAMS
- Total calculated
- $162,573
- From this org
- $151,247
- From related orgs
- $0
- Other
- $11,326
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $139,247
- Bonus
- $12,000
- Other
- $0
- Deferred
- $8,835
- Nontaxable benefits
- $2,491
- Filer's total
- $162,573
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 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
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349324512
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