Albuquerque Hispano Chamber Of Commerce

Organization Overview

Albuquerque Hispano Chamber Of Commerce is located in Albuquerque, NM. The organization was established in 1976. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Albuquerque Hispano Chamber Of Commerce employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albuquerque Hispano 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 06/2022, Albuquerque Hispano Chamber Of Commerce generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 13.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ALBUQUERQUE HISPANO CHAMBER OF COMMERCE (AHCC) IS ORGANIZED TO PROMOTE ECONOMIC DEVELOPMENT, TO ENHANCE ECONOMIC OPPORTUNITIES, AND TO PROVIDE BUSINESS AND WORKPLACE EDUCATION WITH AN EMPHASIS ON HISPANIC AND SMALL BUSINESS COMMUNITY IN ALBUQUERQUE AND NEW MEXICO

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVENTION AND TOURISM DEPARTMENT CONVENTION AND PLANNING, REGISTRATION ASSISTANCE, TOUR GUIDES, WELCOME PACKETS, PRESS AND PUBLIC RELATIONS, GIFT PACKETS, AND COMPETITIVE BID ASSISTANCE


BARELAS JOB OPPORTUNITY CENTER (BJOC) PROVIDED WORKFORCE TRAINING AND DEVELOPMENT FOR MEMBER BUSINESSES AND THE COMMUNITY AT LARGE THROUGH COMPUTER CLASSES, WORKSHOPS, NETWORKING, AND SKILLS TRAINING


PROVIDE INFORMATION AND BUSINESS OPPORTUNITIES TO THE HISPANIC AND SMALL BUSINESS COMMUNITY OF NEW MEXICO


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Board, Officers & Key Employees

Name (title)Compensation
Ernest Cde Baca
President CEO
$175,308
Connie L Lee
Chief Financial Officer
$105,551
Shannon Jacques
Chief Operating Officer
$91,359
Richard Luarkie
Director
$0
Mike Kivitz
Director
$0
Sean Martinez
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$493,487
Related organizations$122,926
Government grants $3,782,877
All other contributions, gifts, grants, and similar amounts not included above$311,797
Noncash contributions included in lines 1a–1f $259,130
Total Revenue from Contributions, Gifts, Grants & Similar$4,711,087
Total Program Service Revenue$1,456,351
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $30,806
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$130,741
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,067,503

Peer Organizations

Organization NameAssets
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$17,961,206
Greater Oklahoma City Chamber Of Commerce
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$16,856,862
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$10,973,096
Austin Convention And Visitors Bureau Inc
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$14,816,055
Metropolitan Tucson Convention And Visitors Bureau
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$19,284,981
Park City Area Chamber Of Commerce Convention & Visitors Buerau
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$14,432,856
Denver Metro Chamber Of Commerce
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$9,671,530
Arlington Convention & Visitors Bureau Inc
Arlington, TX
$9,283,738
Arizona Association Of Realtors
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$11,814,724
B Side Capital
Denver, CO
$7,230,112
Texas Municipal League
Austin, TX
$8,261,153
Abilene Chamber Of Commerce
Abilene, TX
$6,161,492
Greater Satx
San Antonio, TX
$5,988,124
The Greater New Braunfels Chamber Of Commerce Inc
New Braunfels, TX
$5,172,788
Greater Austin Chamber Of Commerce
Austin, TX
$5,978,633
Albuquerque Hispano Chamber Of Commerce
Albuquerque, NM
$6,067,503
Greater San Antonio Chamber Of Commerce
San Antonio, TX
$4,837,401
Colorado Springs Convention Visitors Bureau
Colorado Springs, CO
$5,739,938
The Fort Worth Chamber Of Commerce
Fort Worth, TX
$5,306,432
Better Business Bureau Of Metropolitan Houston Inc
Houston, TX
$4,671,690
Oklahoma State Chamber Of Commerce And Associated Industries
Oklahoma City, OK
$4,186,564
Arizona Chamber Of Commerce
Scottsdale, AZ
$4,287,152
Visit Mesa
Mesa, AZ
$5,173,998
Waco Chamber Of Commerce
Waco, TX
$4,276,316
Mcallen Chamber Of Commerce Inc
Mcallen, TX
$3,938,988

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