Greater Philadelphia Hispanic Chamber Of Commerce is located in Philadelphia, PA. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Greater Philadelphia Hispanic Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Philadelphia Hispanic Chamber Of Commerce 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, Greater Philadelphia Hispanic Chamber Of Commerce generated $824.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $634.1k during the year ending 12/2021. While expenses have increased by 1.6% 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
TO DEVELOP, PROMOTE AND ADVOCATE HISPANIC BUSINESS AND PROFESSIONALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER BUSINESS DEVELOPMENT AND RETENTION BY PROVIDING RESOURCES THAT ENABLE INDIVIDUALS TO START NEW BUSINESSES AND GROW EXISTING ONES MORE SUCCESSFULLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Rodriguez President & CEO | OfficerTrustee | 40 | $143,444 |
Natila Dominguez Buckley Secretary | OfficerTrustee | 2 | $0 |
Lydia Holiat Vice-Chair | OfficerTrustee | 2 | $0 |
Natily Santos Treasurer | OfficerTrustee | 2 | $0 |
Nestor Torres Chairman | OfficerTrustee | 2 | $0 |
Gregory Deshields Parlamentarian | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $7,000 |
Related organizations | $0 |
Government grants | $175,550 |
All other contributions, gifts, grants, and similar amounts not included above | $563,442 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $745,992 |
Total Program Service Revenue | $69,370 |
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 | $823,984 |
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. | $143,444 |
Compensation of current officers, directors, key employees. | $43,033 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $158,144 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,766 |
Payroll taxes | $23,636 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,560 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,300 |
Advertising and promotion | $29,597 |
Office expenses | $65,448 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,407 |
Travel | $2,999 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,232 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,552 |
All other expenses | $16,832 |
Total functional expenses | $634,139 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $574,652 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $18,213 |
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 | $3,404 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,200 |
Total assets | $598,469 |
Accounts payable and accrued expenses | $18,074 |
Grants payable | $0 |
Deferred revenue | $36,768 |
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 | $54,842 |
Net assets without donor restrictions | $374,418 |
Net assets with donor restrictions | $169,209 |
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 | $0 |
Total liabilities and net assets/fund balances | $598,469 |
Over the last fiscal year, we have identified 4 grants that Greater Philadelphia Hispanic Chamber Of Commerce has recieved totaling $125,813.
Awarding Organization | Amount |
---|---|
United States Hispanic Chamber Of Commerce Washington, DC PURPOSE: COVID-19 TECHNICAL ASSISTANCE | $55,813 |
Philadelphia Foundation Philadelphia, PA PURPOSE: ACCELERATE LATINX | $50,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $15,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: 2021-SMALL BUSINESS DEVELOPMENT & EDUCATION PROGRAM, 'RECALIBRATE, RETOOL, RESTART' | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
New York State Technology Enterprise Corporation Rome, NY | $60,981,617 | $75,235,119 |
Hamaskpik Of Rockland County Inc Monsey, NY | $63,578,748 | $60,740,286 |
Comunilife Inc New York, NY | $31,660,998 | $48,925,659 |
Julia Dyckman Andrus Memorial Inc Yonkers, NY | $77,963,384 | $42,844,151 |
Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Dave Thomas Foundation For Adoption Dublin, OH | $82,316,858 | $45,774,004 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Fisher House Foundation Inc Rockville, MD | $70,108,334 | $49,075,688 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |