Hispanic-American Construction Industry Association
- Assets
- $1.8m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Chicago, IL
- Founding
- 06/1983
- Data as of
- 12/2022
- EIN
- 36-3225822
Organization Overview
Hispanic-American Construction Industry Association is located in Chicago, IL. The organization was established in 1983. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Hispanic-American Construction Industry Association employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanic-American Construction Industry Association 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-American Construction Industry Association generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 17.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HACIA PROMOTES LEADERSHIP, ETHICAL PRACTICES, QUALITY AND INTEGRITY IN THE CONSTRUCTION INDUSTRY THROUGH EXAMPLE, TRAINING AND COMMUNITY INVOLVEMENT. HACIA PROVIDES A FORUM TO IMPROVE BUSIESS CONDITIONS FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HACIA ASSISTS MEMBERS OF MINORITY CONSTRUCTION CONTRACTORS, ARCHITECTS, ENGINEERS AND CONSTRUCTION SUPPLIERS IN PROMOTING AND OPERATING THEIR BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Gomez Executive Di | Officer | 40 | $202,500 |
Ivan Solis President | OfficerTrustee | 2 | $0 |
Jorge Escarpita Exec. Vice-P | OfficerTrustee | 2 | $0 |
Antonio Robledo Treasurer | OfficerTrustee | 2 | $0 |
Sandi Llano Vice Preside | OfficerTrustee | 2 | $0 |
Gabriel Dziekiewicz Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
St Augustine College Develop And Deliver A Program To Prepare | 12/30/20 | $323,077 |
The Vallas Group To Expand Hacia U's Programs | 12/30/20 | $110,000 |
Strategic Higher Ed Llc Develop Online Business Essential Progra | 12/30/20 | $108,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $453,026 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,944,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,397,442 |
| Total Program Service Revenue | $0 |
| Investment income | $462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $282,150 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,690,810 |
| 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. | $202,500 |
| Compensation of current officers, directors, key employees. | $36,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $820,761 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $125,076 |
| Payroll taxes | $84,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,305 |
| Fees for services: Accounting | $19,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $372,738 |
| Advertising and promotion | $1,950 |
| Office expenses | $111,905 |
| Information technology | $9,083 |
| Royalties | $0 |
| Occupancy | $108,948 |
| Travel | $21,360 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,912 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,021 |
| Insurance | $19,209 |
| All other expenses | $0 |
| Total functional expenses | $3,085,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,520 |
| Savings and temporary cash investments | $647,305 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $370,070 |
| 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 | $58,800 |
| Net Land, buildings, and equipment | $18,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $423,537 |
| Total assets | $1,824,384 |
| Accounts payable and accrued expenses | $14,528 |
| Grants payable | $0 |
| Deferred revenue | $241,693 |
| 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 | $517,681 |
| Total liabilities | $773,902 |
| Net assets without donor restrictions | $1,050,482 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,824,384 |