Form 990 for tax year 2025
Filed by LATINO CHAMBER OF COMMERCE OF MINNE SOTA.
Totals
- Total revenue
- $491,916
- Total expenses
- $444,418
- Contributions and grants received
- $491,916
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $140,435
- Total liabilities, end of year
- $628
- Net assets or fund balances, end of year
- $139,807
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $158,261
Program services were 0.0% 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.
-
1b · Membership dues
$25,924
-
1c · Fundraising events
$3,260
-
1e · Government grants (contributions)
$450,915
-
1f · All other contributions, gifts and grants
$11,817
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $240,391
-
10 · Payroll taxes
total $11,167
-
11c · Fees: accounting
total $9,172
-
11g · Fees: other
total $60,412
-
12 · Advertising and promotion
total $27,801
-
13 · Office expenses
total $9,111
-
14 · Information technology
total $13,055
-
16 · Occupancy
total $15,600
-
17 · Travel
total $4,507
-
19 · Conferences, conventions and meetings
total $26,644
-
23 · Insurance
total $2,075
-
24a · Other expenses: Awards & grants to busine
total $15,000
-
24b · Other expenses: Engagement and Out meals
total $6,495
-
24c · Other expenses: Vehicle expenses
total $2,988
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,372 · end of year $69,926
-
4 · Accounts receivable
end of year $70,509
-
15 · Other assets
beginning of year $76,386
-
17 · Accounts payable and accrued expenses
beginning of year $7,250 · end of year $628
-
28 · Net assets with donor restrictions
beginning of year $87,508 · end of year $139,807
Mission and programs · 2025
Mission
Elevate small Latino businesses in Minnesota
Activities or mission (Part I)
Elevate small Latino businesses in Minnesota State Elevate small latino businesses in Minnesota
-
31 sessions including in person seminars, webinars and networking events; presentations in both English and Spanish. Topics on digital marketing strategies, legal contracts, minority certifications, financial and tax education, commercial properties acquisition, etc. (913 registrations). Educational Services for entrepreneurs.
Expenses $85,911
-
Community outreach for business, community leaders, and corporate members. 17 Radio and TV broadcasting spots to reach the Latino Community in the state of Minnesota. Over 20,350 direct contacts through social media postings and direct emails to seek input from businesses and community members.
Expenses $57,350
-
Elevate Together for small Latino businesses 3 grants awarded $5,000 each for businesses in different industries such as professional services, hospitality, and small retail stores.
Expenses $15,000 · Grants $15,000
As filed on the 2025 return.
Listed in Part VII
-
John PachecoJOHN PACHECO
President
- Total calculated
- $1,826
- From this org
- $1,826
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Anita GraceANITA GRACE
Marketing Director
- Total calculated
- $1,442
- From this org
- $1,442
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Hector MartinezHECTOR MARTINEZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jose SantosJOSE SANTOS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maya SantamariaMAYA SANTAMARIA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Melissa SilvaMELISSA SILVA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Fabio TenorioFABIO TENORIO
Executive Director
- Total calculated
- $0
- Hours/week
- 20
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 12 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622249349300522
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