Hispanic Contractors Association Of The Carolinas Inc is located in Charlotte, NC. The organization was established in 2008. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanic Contractors Association Of The Carolinas Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Hispanic Contractors Association Of The Carolinas Inc generated $123.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $148.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONSTRACTORS NIGHT OUT EVENT IN NORTH CAROLINA, COST MANAGEMENT TRAINING, HCAC GALA, EDUCATION PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Renee Jones Board Member | 1 | $0 | |
Jodi Vedelli Board Member | 1 | $0 | |
Gregory Shelton Board Member | 1 | $0 | |
Tony Stamper Vice President | 1 | $0 | |
Richard Latorre President | 1 | $0 | |
Pacino Mancillas Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,125 |
Total Program Service Revenue | $52,117 |
Membership dues | $21,319 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $123,010 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $76,198 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $72,611 |
Total expenses | $148,809 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,974 |
Other assets | $0 |
Total assets | $6,131 |
Total liabilities | $12,558 |
Net assets or fund balances | -$6,427 |