Form 990 for tax year 2023
Filed by LONG ISLAND HISPANIC CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $204,774
- Total expenses
- $201,152
- Contributions and grants received
- $193,394
- Grants paid
- $29,661
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $11,380
- Total assets, end of year
- $15,654
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $15,654
- Program services expenses (Part IX)
- $197,811
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 98.3% 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
$15,000
-
1c · Fundraising events
$150,000
-
1f · All other contributions, gifts and grants
$28,394
-
8a · Fundraising events: gross income
$150,000
-
8b · Fundraising events: direct expenses
$138,620
-
8c · Net income from fundraising events
total $11,380
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $29,661 · program services $26,320
-
7 · Other salaries and wages
total $28,950 · program services $28,950
-
11a · Fees: management
total $18,950 · program services $18,950
-
11b · Fees: legal
total $10,000 · program services $10,000
-
11c · Fees: accounting
total $5,000 · program services $5,000
-
12 · Advertising and promotion
total $16,780 · program services $16,780
-
13 · Office expenses
total $27,849 · program services $27,849
-
16 · Occupancy
total $8,400 · program services $8,400
-
17 · Travel
total $16,850 · program services $16,850
-
19 · Conferences, conventions and meetings
total $36,852 · program services $36,852
-
23 · Insurance
total $1,860 · program services $1,860
-
24a · Other expenses: RENT
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,032 · end of year $15,654
-
29 · Capital stock, trust principal or current funds
beginning of year $12,032 · end of year $15,654
Mission and programs · 2023
Mission
TO PROMOTE THE UTILIZATION OF HISPANIC ENTERPRISES, MAINTAIN INTEREST IN ACTIVITIES FOR THE HISPANIC BUSINESS COMMUNITY AND TO PROVIDE SCHOLARSHIPS FOR HISPANIC YOUUTH.
Activities or mission (Part I)
TO PROMOTE THE UTILIZATION OF HISPANIC ENTERPRISES MAINTAINING INTERESTING ACTIVITIES FOR HISPANIC COMMUNITY AND PROVIDE SCHOLARSHIPS
-
TO PROMOTE HISPANIC BUSINESSES AND TO IMPROVED THE INFORMATION PROVIDE TO HISPANIC BUSINESS.EDUCATED THE COMMUNITY AND OUR BUSINESS OWNERS ON PROGRAMS AVAILABLE TO THEM AND THEIR COMPANIES.
As filed on the 2023 return.
Listed in Part VII
-
Luis VazquezLUIS VAZQUEZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
Pilar DelgadoPILAR DELGADO
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
John OsornoJOHN OSORNO
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Elizabeth CustodioELIZABETH CUSTODIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Xiomara LetoXIOMARA LETO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
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
- 14 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441359349308129
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