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Nonprofiteer
← COORS HISPANIC EMPLOYEE NETWORK

Form 990 for tax year 2023

Filed by COORS HISPANIC EMPLOYEE NETWORK.

Totals

Total revenue
$48,373
Total expenses
$38,365
Contributions and grants received
$0
Grants paid
$31,000
Program service revenue
$0
Investment income
$38,672
Other revenue
$9,701
Total assets, end of year
$643,171
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$643,171
Program services expenses (Part IX)
$31,000
Management and general expenses
$7,365
Fundraising expenses
$0
Program service expenses (Part III)
$31,000

Program services were 80.8% 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.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $33,791 · related or exempt $33,791

  • 7a · Gross sales of assets other than inventory

    securities $58,769 · other assets $4,346

  • 7b · Less cost or other basis and sales expenses

    securities $58,234

  • 7c · Gain or loss

    securities $535 · other assets $4,346

  • 7d · Net gain or loss

    total $4,881 · related or exempt $4,881

  • 8a · Fundraising events: gross income

    $29,548

  • 8b · Fundraising events: direct expenses

    $19,847

  • 8c · Net income from fundraising events

    total $9,701 · excluded $9,701

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,000 · program services $31,000

  • 11c · Fees: accounting

    total $1,025 · management and general $1,025

  • 12 · Advertising and promotion

    total $4,363 · management and general $4,363

  • 24a · Other expenses: GENERAL EXPENSE

    total $996 · management and general $996

  • 24b · Other expenses: BOARD MEETINGS

    total $961 · management and general $961

  • 24c · Other expenses: LICENSE & FEES

    total $20 · management and general $20

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,643 · end of year $5,581

  • 2 · Savings and temporary cash investments

    beginning of year $73,644 · end of year $15,664

  • 11 · Investments: publicly traded securities

    beginning of year $555,876 · end of year $621,926

  • 27 · Net assets without donor restrictions

    beginning of year $633,163 · end of year $643,171

Mission and programs · 2023

Mission

TO PROMOTE, ENCOURAGE AND SUPPORT HISPANICS IN CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES BY COMMUNICATION INITIATIVES, EDUCATION AND SCHOLARSHIPS.

Activities or mission (Part I)

TO PROMOTE, ENCOURAGE AND SUPPORT HISPANICS IN CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES BY COMMUNICATION INITIATIVES, EDUCATION, AND SCHOLARSHIPS.

  • TO PROMOTE, ENCOURAGE AND SUPPORT HISPANICS IN CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES BY COMMUNICATION INITIATIVES, EDUCATION AND SCHOLARSHIPS.

  • TO PROMOTE, ENCOURAGE AND SUPPORT HISPANICS IN CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES BY COMMUNICATION INITIATIVES, EDUCATION AND SCHOLARSHIPS.

    Expenses $31,000 · Grants $31,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joe Alba

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Grace Alires

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Bachicha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lily Cote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maribel Crespin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fiona Duran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Faith Gallegos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Louis Gomez Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Juan Carranza Novoa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anthony Sanchez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Libby Armijo

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Rhonda Castaneda

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sergio Salgado

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Michelle Wentworth

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202443199349313319

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