Florida State Hispanic Chamber Of Commerce
- Assets
- $185.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellington, FL
- Founding
- 04/2019
- Data as of
- 12/2019
- EIN
- 82-5467031
Organization Overview
Florida State Hispanic Chamber Of Commerce is located in Wellington, FL. The organization was established in 2019. 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. Florida State 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 12/2019, Florida State Hispanic Chamber Of Commerce generated $185.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $70.0k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
HISPANIC ENTREPRENEURS ARE AMERICA'S BUSINESS FUTURE. THE FLORIDA STATE HISPANIC CHAMBER OF COMMERCE RECOGNIZED THIS DRIVING FORCE TO FLORIDA'S ECONOMY AND ESTABLISHED THE ACCESS FLORIDA CAPITAL PROGRAM. NO MATTER WHAT BUSINESS STAGE YOU ARE IN, THE ACCESS FLORIDA CAPITAL PROGRAM WILL ASSIST YOU IN CONNECTING WITH FSHCC PARTNERS AND LENDERS TO ACCESS THE FUNDING YOU NEED FOR YOUR BUSINESS. IN 2018 WE ASSISTED 38 SMALL BUSINESS OWNERS AND ASSISTED IN THEM OBTAINING NEARLY $75,000 IN SMALL BUSINESS LOANS.
HISPANIC ENTREPRENEURS ARE AMERICA'S BUSINESS FUTURE. THE FLORIDA STATE HISPANIC CHAMBER OF COMMERCE RECOGNIZED THIS DRIVING FORCE TO FLORIDA'S ECONOMY AND ESTABLISHED THE ACCESS FLORIDA CAPITAL PROGRAM. NO MATTER WHAT BUSINESS STAGE YOU ARE IN, THE ACCESS FLORIDA CAPITAL PROGRAM WILL ASSIST YOU IN CONNECTING WITH FSHCC PARTNERS AND LENDERS TO ACCESS THE FUNDING YOU NEED FOR YOUR BUSINESS. IN 2018 WE ASSISTED 38 SMALL BUSINESS OWNERS AND ASSISTED IN THEM OBTAINING NEARLY $75,000 IN SMALL BUSINESS LOANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julio Fuentes President | 20 | $0 | |
Albert Collazo Board Member | 5 | $0 | |
Laz Mur Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,000 |
| 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 | $15,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,000 |
| Other expenses | $50,000 |
| Total expenses | $70,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,000 |
| Other assets | $0 |
| Total assets | $185,000 |
| Total liabilities | $10,000 |
| Net assets or fund balances | $175,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida State Hispanic Chamber Of Commerce has recieved totaling $10,975.
| Awarding Organization | Amount |
|---|---|
Fwd Us Inc Washington, DC PURPOSE: IMMIGRATION ISSUE ADVOCACY | $10,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
Visit Pensacola Inc Pensacola, FL | $2,535,965 | $7,930,486 |
Allinial Global Lawrenceville, GA | $3,508,006 | $7,173,344 |
The Florida Restaurant & Lodging Association Inc Tallahassee, FL | $14,927,226 | $6,472,755 |
Florida Sugar Cane League Inc Clewiston, FL | $7,160,509 | $7,506,531 |
Georgia Chamber Of Commerce Inc Atlanta, GA | $7,473,907 | $7,231,952 |
American Accounting Association Lakewood Ranch, FL | $12,441,964 | $7,536,784 |
Ims Global Learning Consortium Inc Lake Mary, FL | $12,539,659 | $7,120,866 |
Southern Pine Inspection Bureau Pensacola, FL | $6,165,981 | $6,410,663 |
Georgia Society Of Certified Public Accountants Inc Atlanta, GA | $8,640,811 | $5,890,900 |
Montgomery Area Chamber Of Commerce Montgomery, AL | $3,766,840 | $6,554,835 |
Carpet & Rug Institute Inc Dalton, GA | $7,916,112 | $6,354,333 |