Form 990 for tax year 2022

Totals

Total revenue

$3,186,023

Total expenses

$4,065,991

Contributions and grants received

$3,181,962

Grants paid

$3,514,812

Program service revenue

$0

Investment income

$4,061

Other revenue

$0

Total assets, end of year

$4,159,181

Total liabilities, end of year

$559,729

Net assets or fund balances, end of year

$3,599,452

Program services expenses (Part IX)

$3,894,748

Management and general expenses

$140,489

Fundraising expenses

$30,754

Program service expenses (Part III)

$3,894,748

Program services were 95.8% 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.

Mission and programs · 2022

• GRUBHUB RESTAURANT RECOVERY PROGRAM:THE USHCC EDUCATIONAL FUND JOINED FORCES WITH GRUBHUB TO PROVIDE A SMALL BUSINESS GRANT TO SUPPORT HISPANIC-OWNED RESTAURANTS NATIONWIDE. DONATIONS RANGED FROM $5,000 - $10,000 PER BUSINESS BASED ON FINANCIAL NEED AND PER THE GRANT CRITERIA SET FORTH BY GRUBHUB.

  Expenses $1,760,000 · Grants $1,760,000

• ELEVATE TOGETHER ELEVATE TOGETHER DIRECTLY SUPPORTS BLACK AND HISPANIC SMALL BUSINESS OWNERS WITH THE MISSION OF HELPING LOCAL ECONOMIES, FOSTERING JOB CREATION, AND HELPING TO CLOSE THE RACIAL WEALTH GAP. IN PARTNERSHIP WITH THE ODP CORPORATION AND ROUND IT UP AMERICA, THE INITIATIVE HELPS SUPPORT SMALL BUSINESSES WITH FIVE OR LESS EMPLOYEE THROUGH TECHNICAL ASSISTANCE GRANTS, PROGRAMS, AND MENTORSHIP

  Expenses $1,200,000 · Grants $1,200,000

• UPS PROUDLY UNSTOPPABLE GRANTS THE USHCC EDUCATIONAL FUND, IN PARTNERSHIP WITH THE UPS FOUNDATION, COMMITTED TO KEEPING LATINX-OWNED SMALL BUSINESSES MOVING FORWARD DURING COVID-19 AND HELPED INVEST IN THIS COMMUNITY THROUGH DIRECT ASSISTANCE BY PROVIDING SMALL BUSINESS GRANTS OF $5,000 PER BUSINESS.

  Expenses $135,000 · Grants $135,000

• VERIZON SMALL BUSINESS DIGITAL READINESS PROGRAMTHE USHCC EDUCATIONAL FUND PARTNERED WITH VERIZON AND NEXT STREET FOR A SMALL BUSINESS DIGITAL READY ACTIVATION CAMPAIGN THAT INCLUDED VIRTUAL SESSIONS AND FREE TOOLS TO SUPPORT MINORITY-OWNED SMALL BUSINESSES IN KEY MARKETS. THE USHCCEF SELECTED CHAMBER PARTNERS TO SPREAD AWARENESS AND SUPPORT THE INITIATIVE, AND EACH ORGANIZATION RECEIVED A $10,000 GRANT TO HELP WITH MARKETING AND OUTREACH.

  Expenses $110,000 · Grants $110,000

• Withheld by Nonprofiteer: this text may name a private individual.

  Expenses $90,000 · Grants $90,000

• AARP FOUNDATION UPSKILLING PROGRAM GRANTSTHE AARP FOUNDATION UPSKILLING INITIATIVE SUPPORTS SMALL- TO MEDIUM-SIZED COMPANIES TO UPSKILL THEIR LOWER-EARNING WORKERS OVER 50 THROUGH GRANT AND TRAINING ASSISTANCE. THE TRAINING COSTS ARE COVERED THROUGH GRANT FUNDS PROVIDED BY THE USHCC EDUCATIONAL FUND SO LONG AS THE EMPLOYER OFFERS A GUARANTEED WAGE INCREASE IN RETURN.

  Expenses $71,000 · Grants $71,000

• AVANZARIN 2022, THE LATIN CHAMBER OF COMMERCE OF NEVADA HOSTED THE AVANZAR PROGRAM, IN WHICH THE USHCC EDUCATIONAL FUND GRANTED THEIR ORGANIZATION $25,000 FOR TECHNICAL ASSISTANCE AND OPERATING SUPPORT.

  Expenses $25,000 · Grants $25,000

• OTHER PROGRAMS

  Expenses $503,748 · Grants $123,812

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

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

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

• GREATER PHILADELPHIA HISPANIC CC

  $110,000

  ELEVATE TOGETHER PROGRAM

• ARIZONA HISPANIC CC FOUNDATION

  $100,000

  ELEVATE TOGETHER PROGRAM

• FORT WORTH HISPANIC CC

  $100,000

  ELEVATE TOGETHER PROGRAM

• GEORGIA HISPANIC CHAMBER OF COMMERCE

  $100,000

  ELEVATE TOGETHER PROGRAM

• GREATER DALLAS HISPANIC CC

  $100,000

  ELEVATE TOGETHER PROGRAM

• HISPANIC CC OF PALM BEACH COUNTY

  $100,000

  ELEVATE TOGETHER PROGRAM

• HOUSTON HISPANIC CC

  $100,000

  ELEVATE TOGETHER PROGRAM

• ILLINOIS HISPANIC CHAMBER OF COMMERCE

  $100,000

  ELEVATE TOGETHER PROGRAM

• LATINO CHAMBER OF COMMERCE MINNESOTA

  $100,000

  ELEVATE TOGETHER PROGRAM

• LOS ANGELES LATINO CHAMBER OF COMMERCE

  $100,000

  ELEVATE TOGETHER PROGRAM

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

  501(C)(6) · CHAMBER OF COMMERCE · DC

Provenance

Return type

form_990

Tax year

2022

Filed

15 November 2023

IRS schema version

2022v5.0

Source object

202333199349321668

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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