Nebraska Hispanic Chamber Of Commerce Foundation
- Assets
- $512.3k
- Revenue
- $522.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 81-0786796
Organization Overview
Nebraska Hispanic Chamber Of Commerce Foundation is located in Omaha, NE. The organization was established in 2016. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Hispanic Chamber Of Commerce Foundation 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, Nebraska Hispanic Chamber Of Commerce Foundation generated $522.1k in total revenue. All expenses for the organization totaled $150.8k during the year ending 12/2022. While expenses have increased by 251.7% per year over the past 2 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
ENHANCE AND ELEVATE THE EXPERIENCES OF THE HISPANIC/LATINO COMMUNITIES IN NEBRASKA. THROUGH ITS VARIOUS INITIATIVES, THE FOUNDATION FOCUSES ON PROMOTING AND SUPPORTING ART, CULTURE, HERITAGE, AND TRADITIONS. IT PLACES A STRONG EMPHASIS ON FOSTERING LEADERSHIP SKILLS, EDUCATIONAL OPPORTUNITIES, ENTREPRENEURSHIP, BUSINESS DEVELOPMENT, AND OVERALL ECONOMIC GROWTH WITHIN THESE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRICT 1 PROGRAM - PROVIDES SMALL BUSINESS RECOVERY GRANTS AND BUSINESS CLASSES FOR GRANT RECIPIENTS.
SUMMITS AND COFFEE CHATS - THE SUMMIT IS A ONE-DAY EVENT THAT FEATURES LEADERSHIP, DIVERSITY, AND INCLUSION IN THE WORKPLACE, BREAKOUT SESSIONS, KEYNOTE PRESENTATIONS, DISCUSSIONS, AND MORE. THE COFFEE CHATS ARE DIVERSITY & INCLUSION TRAININGS, CONVERSATIONS AND OPEN DISCUSSIONS WITH YOUR ASSOCIATES, EMPLOYEES, AND LEADERS.
SOUTH OMAHA BUSINESS PROGRAM - THIS PROGRAM PROVIDES BUSINESS CLASS IN SOUTH OMAHA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yesenia Peck President | OfficerTrustee | 5 | $0 |
Guadalupe Millan Vice President | OfficerTrustee | 5 | $0 |
Tony Vega Secretary | OfficerTrustee | 5 | $0 |
Diva Mejias Treasurer | OfficerTrustee | 5 | $0 |
Socorro Carrera Director | Trustee | 5 | $0 |
Abril Garcia Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $500,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,105 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $522,105 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $522,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $110,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,489 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,440 |
| Advertising and promotion | $426 |
| Office expenses | $3,647 |
| Information technology | $2,679 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $460 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $150,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,303 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $512,303 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,500 |
| Total liabilities | $2,500 |
| Net assets without donor restrictions | $121,803 |
| Net assets with donor restrictions | $388,000 |
| 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 | $512,303 |