Federacion Hispana De Comerciantes is located in Methuen, MA. 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. Federacion Hispana DE Comerciantes 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 12/2021, Federacion Hispana DE Comerciantes generated $3.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.8%) each year. All expenses for the organization totaled $2.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
FEDERACION HISPANA DE COMERCIANTES IS DEDICATED TO PROMOTE, REPRESENT, AND DEFEND THE BUSINESS INTERESTS OF THE HISPANIC COMMUNITY IN THE COMMONWEAL TH OF MASSACHUSETTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah B Perez Treasurer | 10 | $0 | |
Antonio Amable Batista President | 10 | $0 | |
Sonia Terbullino Clerk | 10 | $0 | |
Asdrovel Tejeda Secretary Ge | 10 | $0 | |
Franklin M Francisco Vice Preside | 10 | $0 | |
Alfredo Arias Advisor | 6 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
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 | $3,000 |
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 | $158 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,625 |
Total expenses | $2,783 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,574 |
Other assets | $0 |
Total assets | $17,574 |
Total liabilities | $0 |
Net assets or fund balances | $17,574 |
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