San Antonio Hispanic Chamber Of Commerce Inc
- Assets
- $915.6k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 15
- Location
- San Antonio, TX
- Founding
- 05/1986
- Data as of
- 12/2022
- EIN
- 74-2370616
Organization Overview
San Antonio Hispanic Chamber Of Commerce Inc is located in San Antonio, TX. The organization was established in 1986. 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. As of 12/2022, San Antonio Hispanic Chamber Of Commerce Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Antonio Hispanic Chamber Of Commerce Inc 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, San Antonio Hispanic Chamber Of Commerce Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. 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
THE SAN ANTONIO HISPANIC CHAMBER OF COMMERCE IS THE LEADING RESOURCE, ADVOCATE, AND ACCESS POINT FOR HISPANIC BUSINESSES, HISPANICS IN BUSINESS, AND THE HISPANIC MARKET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
93RD GALA -THIS EVENT IS OUR LARGEST SIGNATURE EVENT AND IS ALSO SAN ANTONIO'S LARGEST BUSINESS EVENT EACH YEAR. THE CHAMBER LAST HOSTED A GALA IN 2019 AND SAW 1,800 GUESTS IN ATTENDANCE. DUE TO THE ONGOING PANDEMIC, BOTH THE 2020 AND 2021 GALAS WERE POSTPONED. WE ARE SO EXCITED TO BRING BACK THE GALA IN 2022, AND WE CAN'T WAIT TO GATHER OUR MEMBERS TO CELEBRATE OUR WONDERFUL COMMUNITY EACH YEAR OUR GALA HAS A THEME TO HONOR OUR CHAIR, AND WE ARE EXCITED TO DEVELOP AND DELIVER A NEW THEME THAT WE DEMONSTRATE THE RESILIENCE AND DIVERSITY OF THE HISPANIC CHAMBER. THE EVENT HIGHLIGHTS OUR 2022 ACHIEVEMENTS AND ANNOUNCES OUR 2023 INITIATIVES FOR THE YEAR.
WOMEN'S AWARDS LUNCHEON - THROUGHOUT OUR GREAT CITY OF SAN ANTONIO, THERE ARE WOMEN WHO QUIETLY AND NOTABLY MAKE THEIR MARK ON THE WORLD. THESE INCREDIBLE WOMEN WERE HONORED AT THE SAN ANTONIO HISPANIC CHAMBER OF COMMERCE 11TH ANNUAL WOMEN'S AWARDS LUNCHEON "MAKING A MARK ON THE WORLD" - WOMEN WHO INSPIRE, INNOVATE AND IMPACT THE WORLD AROUND US. SAN ANTONIO TO DC - FOR MORE THAN 40 YEARS, THE SAN ANTONIO CHAMBER, THE NORTH SAN ANTONIO CHAMBER, THE SAN ANTONIO HISPANIC CHAMBER, THE SAN ANTONIO MOBILITY COALITION, AND THE SOUTH SA CHAMBER & WEST SA CHAMBER - HAVE PROUDLY LED THOUSANDS OF MEMBERS OF OUR BUSINESS COMMUNITY AND ELECTED OFFICIALS ON AN ANNUAL SA TO DC TRIP TO ADVOCATE FOR OUR REGION'S ECONOMIC PROSPERITY. THIS TRIP ALLOWED LOCAL COMMUNITY LEADERS TO MEET FACE TO FACE WITH MEMBERS OF CONGRESS, ADMINISTRATION OFFICIALS, AND LEADERS AT THE PENTAGON TO HELP SHAPE FUNDING DECISIONS AND THE DIRECTION OF POLICY. STATE OF AMERICAN POLITICS & POLICY - THIS PANEL AND LUNCHEON, FEATURED A DISCUSSION WITH SPEAKER JOE STRAUS AND CONGRESSMAN WILL HURD, PROVIDED AN OVERVIEW OF THE CURRENT STATE OF OUR DEMOCRACY, AND THE FUTURE OF BOTH POLITICAL PARTIES.
SMALL BUSINESS AWARD LUNCHEON - HONORED THE SMALL BUSINESSES OF SAN ANTONIO DURING A LUNCHEON. THE HISPANIC CHAMBER WELCOMED OVER 100 ATTENDEES.
OFFICE RIBBON CUTTING & FIESTA MEDAL REVEAL - THE HISPANIC CHAMBER IS EXCITED TO OPEN ITS DOORS TO OUR MEMBERS AS WE CELEBRATE THE RELOCATION OF OUR HEADQUARTERS TO 3006 GENERAL HUDNELL DRIVE, LOCATED ON THE PORT SAN ANTONIO'S CAMPUS. THE EVENT WILL ALSO KICK OFF THE BEGINNING OF FIESTA AS WE UNVEIL OUR 2022 FIESTA MEDALS TO OUR GUESTS AND MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Hernandez 2022 Board C | OfficerTrustee | 20 | $0 |
Jr Trevino Interim CEO | OfficerTrustee | 5 | $0 |
Andrew Cassilas General Coun | OfficerTrustee | 10 | $0 |
Jasmine Grant Deputy Legal | OfficerTrustee | 10 | $0 |
Seymour Battle III Secretary | OfficerTrustee | 5 | $0 |
Anne Marie Grube Assistant Se | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,482,397 |
| Investment income | $498 |
| 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 | $1,482,895 |
| 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. | $229,130 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,884 |
| Pension plan accruals and contributions | $6,710 |
| Other employee benefits | $67,766 |
| Payroll taxes | $61,746 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,954 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $601 |
| Office expenses | $6,497 |
| Information technology | $24,303 |
| Royalties | $0 |
| Occupancy | $42,393 |
| Travel | $7,005 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,356 |
| Insurance | $18,011 |
| All other expenses | $32,061 |
| Total functional expenses | $1,506,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $433,079 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $266,106 |
| 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 | $48,237 |
| Net Land, buildings, and equipment | $5,483 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $160,319 |
| Other assets | $2,400 |
| Total assets | $915,624 |
| Accounts payable and accrued expenses | $70,612 |
| Grants payable | $0 |
| Deferred revenue | $262,876 |
| 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 | $162,099 |
| Total liabilities | $495,587 |
| Net assets without donor restrictions | $420,037 |
| 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 | $915,624 |
Grants Awarded
Over the last fiscal year, San Antonio Hispanic Chamber Of Commerce Inc has awarded $35,343 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CULINARY INSTITUTE OF AMERICA PURPOSE: SCHOLARSHIPS FOR HISPANIC STUDENTS | $15,343 |
HISPANIC LEADERSHIP DEV FDA PURPOSE: SCHOLARSHIPS | $20,000 |