Totals
- Total revenue
- $1,429,890
- Total expenses
- $1,347,634
- Contributions and grants received
- $1,204,353
- Grants paid
- $0
- Program service revenue
- $106,639
- Investment income
- $36
- Other revenue
- $118,862
- Total assets, end of year
- $243,232
- Total liabilities, end of year
- $47,995
- Net assets or fund balances, end of year
- $195,237
- Program services expenses (Part IX)
- $74,179
- Management and general expenses
- $1,265,541
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $74,179
Program services were 5.5% 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
$257,751
-
1e · Government grants (contributions)
$946,602
-
2a · Program service revenue: Program Service Revenue
total $106,639 · unrelated business $0 · excluded $0
-
3 · Investment income
total $36 · unrelated business $0 · excluded $0
-
11a · Other revenue: Tasting Room
total $50,270 · related or exempt $0 · unrelated business $50,270 · excluded $0
-
11b · Other revenue: Office Depot Partnership
total $1,787 · related or exempt $0 · unrelated business $1,787 · excluded $0
-
11c · Other revenue: Miscellaneous
total $3,075 · related or exempt $0 · unrelated business $3,075 · excluded $0
-
11d · All other revenue
total $63,730 · related or exempt $15,296 · unrelated business $48,434 · excluded $0
-
11e · Other revenue, total
$118,862
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $181,094 · program services $0 · management and general $181,094 · fundraising $0
-
7 · Other salaries and wages
total $337,716 · program services $0 · management and general $337,716 · fundraising $0
-
9 · Other employee benefits
total $23,431 · program services $0 · management and general $23,431 · fundraising $0
-
10 · Payroll taxes
total $50,350 · program services $0 · management and general $50,350 · fundraising $0
-
11a · Fees: management
total $4,600 · program services $0 · management and general $4,600 · fundraising $0
-
12 · Advertising and promotion
total $425,169 · program services $0 · management and general $425,169 · fundraising $0
-
13 · Office expenses
total $2,027 · program services $0 · management and general $2,027 · fundraising $0
-
16 · Occupancy
total $20,115 · program services $0 · management and general $20,115 · fundraising $0
-
17 · Travel
total $4,135 · program services $0 · management and general $4,135 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $7,914 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,732 · program services $0 · management and general $1,732 · fundraising $0
-
24a · Other expenses: Board of Directors
total $1,552 · program services $0 · management and general $1,552 · fundraising $0
-
24b · Other expenses: Ambassadors
total $49 · program services $0 · management and general $49 · fundraising $0
-
24c · Other expenses: Dues & Subscriptions
total $13,788 · program services $0 · management and general $13,788 · fundraising $0
-
24d · Other expenses: Special Projects
total $3,837 · program services $0 · management and general $3,837 · fundraising $0
-
24e · All other expenses
total $270,125 · program services $74,179 · management and general $195,946 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $46,849 · end of year $110,115
-
2 · Savings and temporary cash investments
beginning of year $40,196 · end of year $65,230
-
4 · Accounts receivable
beginning of year $51,354 · end of year -$2,153
-
8 · Inventories for sale or use
beginning of year $7,348 · end of year $7,348
-
10a · Land, buildings and equipment: cost or other basis
$252,321
-
10b · Land, buildings and equipment: accumulated depreciation
$189,629
-
10c · Land, buildings and equipment, net
beginning of year $70,606 · end of year $62,692
-
17 · Accounts payable and accrued expenses
beginning of year $40,874 · end of year $33,268
-
23 · Secured mortgages and notes payable
beginning of year $0
-
25 · Other liabilities
beginning of year $16,910 · end of year $14,727
-
27 · Net assets without donor restrictions
beginning of year $158,569 · end of year $195,237
Mission and programs · 2023
Mission
Tourism and business development
-
The annual banquet recognizes outstanding achievements by members.
Expenses $46,151 · Revenue $69,359
-
The Hispanic Business Council supports business growth and to unify the Latinx-owned businesses with the regions overall business community, and sponsors the La Terraza de Main Street community event.
Expenses $21,010 · Revenue $22,680
-
The Professional Development Summit is designed to provide personal and professional development training at a critical foundational level, to help attendees succeed in their careers and in life.
Expenses $7,018 · Revenue $14,600
-
Other programs are provided to assist members to succeed in business.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Glenn Adams
President
- Total calculated
- $0
- Hours/week
- 1
-
Geoff Bailey
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Cheri Dudek Kuhn
Past President
- Total calculated
- $0
- Hours/week
- 1
-
Bryce Mackay
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nalini Paton
Director
- Total calculated
- $0
- Hours/week
- 1
-
George Harter
Director
- Total calculated
- $0
- Hours/week
- 1
-
Simon Poole
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Handley-Nosek
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jay Smith
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Rounds
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dorry Foster
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mina Gomez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Wilkinson
Executive Director
- Total calculated
- $105,000
- From this org
- $105,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ashley Sinner
Marketing Director
- Total calculated
- $76,094
- From this org
- $76,094
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403199349317830
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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