Hispanic Contractors Association Of Minnesota is located in Columbia Heights, MN. The organization was established in 2013. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building 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 Minnesota 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 12/2020, Hispanic Contractors Association Of Minnesota generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $1.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (61.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $800 |
Membership dues | $1,200 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $2,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $552 |
Total expenses | $1,152 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $848 |
Other assets | $0 |
Total assets | $848 |
Total liabilities | $0 |
Net assets or fund balances | $848 |
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