Congressional Hispanic Caucus Institute Inc
- Assets
- $26.5m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 149
- Location
- Washington, DC
- Founding
- 05/1978
- Data as of
- 12/2022
- EIN
- 52-1114225
Organization Overview
Congressional Hispanic Caucus Institute Inc, operating under the name Chci, is located in Washington, DC. The organization was established in 1978. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Chci employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chci 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 12/2022, Chci generated $12.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $9.2m during the year ending 12/2022. While expenses have increased by 0.9% 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
CHCI'S MISSION IS TO DEVELOP THE NEXT GENERATION OF LATINO LEADERS BY PROVIDING PAID CONGRESSIONAL INTERNSHIPS AND FELLOWSHIPS, LEADERSHIP DEVELOPMENT AND CURRICULUM AND MENTORING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY AND GRADUATE FELLOWSHIP PROGRAMS: THESE PROGRAMS OFFER ON AVERAGE 26 TALENTED, YOUNG LATINOS A YEAR, WHO HAVE EARNED THEIR BACHELOR'S OR MASTER'S DEGREES RESPECTIVELY, THE OPPORTUNITY TO PARTICIPATE IN A NINE MONTH PUBLIC POLICY FELLOWSHIP ON CAPITOL HILL IN A CONGRESSIONAL OFFICE, COMMITTEE OR FEDERAL AGENCY. THE PLACEMENT EXPERIENCE IS COMPLEMENTED BY WEEKLY EDUCATIONAL AND LEADERSHIP TRAINING OPPORTUNITIES. THEY ALSO GET TO CONNECT WITH OURNATION'S LEADERS ON VARIOUS ISSUES. FELLOWS RECEIVE ROUNDTRIP AIRFARE, A BI-MONTHLY STIPEND, MONTHLY METRO BENEFIT CARD, AND OPTIONAL HEALTHCARE.
CONGRESSIONAL INTERNSHIP PROGRAM: THESE INTERNSHIPS RUN SPRING, SUMMER AND FALL AND PROVIDE APPROXIMATELY 66 COLLEGE UNDERGRADUATES A YEAR THE OPPORTUNITY TO BE PLACED IN A CONGRESSIONAL OFFICE TO GAIN FIRST-HAND KNOWLEDGE OF THE U.S. LEGISLATIVE PROCESS. THE PLACEMENT EXPERIENCE IS COMPLEMENTED BY WEEKLY EDUCATIONAL AND LEADERSHIP TRAININGS AND OPPORTUNITIES TO CONNECT WITH OUR NATION'S LEADERS ON VARIOUS ISSUES. INTERNS RECEIVE ROUNDTRIP AIRFARE, A BI-MONTHLY STIPEND, MONTHLY METRO BENEFIT CARD, HOUSING AND OPTIONAL HEALTHCARE.
PUBLIC POLICY CONFERENCE: EVERY YEAR, CHCI CONVENES HUNDREDS OF CURRENT AND EMERGING LEADERS FROM THE PUBLIC AND PRIVATE SECTORS TO DISCUSS CRITICAL POLICY ISSUES AND TRENDS AFFECTING THE LATINO COMMUNITY AND THE NATION. THE TWO-DAY LEADERSHIP CONFERENCE FEATURES SUMMITS AND PLENARIES, OFTEN CHAIRED BY MEMBERS OF CONGRESS AND CHCI'S BOARD OF DIRECTORS, THAT ADDRESS ISSUES SUCH AS HOME OWNERSHIP, WORKFORCE DEVELOPMENT, GENDER PARITY, DIVERSITY AND INCLUSION, EDUCATION, HEALTHCARE, IMMIGRATION, WORKFORCE DEVELOPMENT, ENTREPRENEURSHIP, TECHNOLOGY AND OTHER CONTEMPORARY ISSUES INCLUDING CORPORATE SOCIAL RESPONSIBILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rep Nanette Diaz Barragan Chairperson | OfficerTrustee | 1.5 | $0 |
Leo Munoz Vice Chairperson | OfficerTrustee | 1 | $0 |
Maria Luisa Boyce Treasurer | OfficerTrustee | 1.5 | $0 |
Peter R Villegas Secretary | OfficerTrustee | 1.5 | $0 |
Evelyn Dejesus Director | Trustee | 1 | $0 |
Rep Tony Cardenas Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hargrove Inc Production & Staging | 12/30/22 | $599,568 |
Aramark Services Inc Catering Food Services | 12/30/22 | $591,055 |
Red Ladder Productions Video Production Service | 12/30/22 | $318,083 |
George Washington University Intern And Fellowship Programming | 12/30/22 | $220,000 |
J Street Productions Production & Staging | 12/30/22 | $171,108 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,400,850 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,302,671 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,703,521 |
| Total Program Service Revenue | $5,087,591 |
| Investment income | $209,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $226,835 |
| Net Income from Fundraising Events | -$1,652,563 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,574,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,799 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $470,711 |
| Compensation of current officers, directors, key employees. | $84,728 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,540,035 |
| Pension plan accruals and contributions | $68,306 |
| Other employee benefits | $330,508 |
| Payroll taxes | $340,384 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,046 |
| Fees for services: Other | $734,415 |
| Advertising and promotion | $0 |
| Office expenses | $65,308 |
| Information technology | $437,660 |
| Royalties | $0 |
| Occupancy | $140,258 |
| Travel | $1,177,035 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $451,194 |
| Interest | $31,255 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $258,060 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,195,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,831,983 |
| Savings and temporary cash investments | $4,923,881 |
| Pledges and grants receivable | $2,155,446 |
| Accounts receivable, net | $0 |
| 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 | $59,525 |
| Net Land, buildings, and equipment | $6,329,065 |
| Investments—publicly traded securities | $10,164,166 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,107 |
| Total assets | $26,504,173 |
| Accounts payable and accrued expenses | $624,927 |
| Grants payable | $0 |
| Deferred revenue | $716,215 |
| 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 | $398,147 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $66,798 |
| Total liabilities | $1,806,087 |
| Net assets without donor restrictions | $20,346,966 |
| Net assets with donor restrictions | $4,351,120 |
| 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 | $26,504,173 |