Hispanic Chamber Of Commerce Of Louisiana Foundation
- Assets
- $66.6k
- Revenue
- $111.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 03/2014
- Data as of
- 12/2021
- EIN
- 22-3939922
Organization Overview
Hispanic Chamber Of Commerce Of Louisiana Foundation, operating under the name HCCL Foundation, is located in New Orleans, LA. The organization was established in 2014. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. HCCL Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, HCCL Foundation generated $111.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $97.6k during the year ending 12/2021. While expenses have increased by 20.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCH O
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGE AND SERVICE THE WORKFORCE PROGRAM WHICH IS THE ONLY BILINGUAL PROGRAM OF ITS KIND IN THE STATE OF LOUISIANA. THE WORKFORCE PROGRAM IS FUNDED BY GRANTS PROVIDED BY THE VERIZON FOUNDATION & THE LOUISIANA HISPANIC CHAMBER OF COMMERCE, INC. IT PROVIDES TRAINING IN SOFT SKILLS TO INDIVIDUALS AND JOB PLACEMENT AFTER COURSES ARE COMPLETED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mayra Pineda CEO Director | OfficerTrustee | 2 | $0 |
Desyi Munoz Secretary | OfficerTrustee | 1 | $0 |
Angelica Rivera Chair | OfficerTrustee | 1 | $0 |
Juan Barreto Vice Chair | OfficerTrustee | 1 | $0 |
Anselmo Rodriguez Treasurer | OfficerTrustee | 1 | $0 |
Blanca Robinson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,457 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,000 |
| Office expenses | $2,943 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,240 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $48,838 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,003 |
| All other expenses | $0 |
| Total functional expenses | $97,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,688 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,940 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,628 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $66,628 |
| Total liabilities and net assets/fund balances | $66,628 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hispanic Chamber Of Commerce Of Louisiana Foundation has recieved totaling $22,547.
| Awarding Organization | Amount |
|---|---|
Ochsner Clinic Foundation New Orleans, LA PURPOSE: GENERAL ASSISTANCE | $22,547 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeast Keller Corporation Houston, TX | $2,326,726 | $1,909,516 |
Rio Grande Valley Empowerment Zone Corporation McAllen, TX | $531,814 | $1,306,475 |
International Institute Of Synthetic Rubber Producers Inc Houston, TX | $2,216,379 | $793,559 |
Fort Hood Region Economic Development Foundation Killeen, TX | $197,133 | $429,692 |
Ten Thousand Villages Of Austin Austin, TX | $379,740 | $299,957 |
North Central Texas Interlink Inc Dfw Airport, TX | $99,569 | $0 |
Belong Bakery Houston, TX | $1,069,781 | $695,668 |
Brookshire Brothers Employee Assistance Program Lufkin, TX | $47,138 | $0 |
Indianette Service Organization Keller, TX | $120,839 | $0 |
Hispanic Chamber Of Commerce Of Louisiana Foundation New Orleans, LA | $66,628 | $111,457 |
Corinth Tupelo Jatc Corinth, MS | $353,370 | $0 |
Timber Lakes-Timber Ridge Association Inc Spring, TX | $252,588 | $0 |