Maryland Hispanic Chamber Of Commerce
- Assets
- $190.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 03/1988
- Data as of
- 12/2023
- EIN
- 52-1908805
Organization Overview
Maryland Hispanic Chamber Of Commerce is located in Baltimore, MD. The organization was established in 1988. 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. Maryland Hispanic Chamber Of Commerce 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 12/2023, Maryland Hispanic Chamber Of Commerce generated $83.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $81.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MDHCC CONTINUES ITS OUTREACH PROGRAM TO ATTRACT NEW MEMBERS AND TO PROVIDE MEMBERS TO MEET ON A REGULAR BASIS, VIRTUALLY, AND SHARE IDEAS AND OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco V Avila Pe Board Chair | 3 | $0 | |
Gigi Guzman Vice Chair | 3 | $0 | |
Daniel Trujillo Secretary | 3 | $0 | |
Ana Gonzalez Treasurer | 3 | $0 | |
Sila Alegret Bartel Director | 3 | $0 | |
Giovanni Delfino Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,729 |
| Total Program Service Revenue | $29,930 |
| Membership dues | $78,219 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,533 |
| Total expenses | $81,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,899 |
| Other assets | $0 |
| Total assets | $190,899 |
| Total liabilities | $21,467 |
| Net assets or fund balances | $169,432 |