Conexion De Negocios Latinos
- Assets
- $59.7k
- Revenue
- $351.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Springdale, AR
- Founding
- Data as of
- 12/2023
- EIN
- 85-1795623
Organization Overview
Conexion De Negocios Latinos is located in Springdale, AR. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Conexion DE Negocios Latinos employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conexion DE Negocios Latinos is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP AND NETWORKING OPPORTUNITIES WHILE SUPPORTING BUSINESSES TO BE SUCCESSFUL THROUGH RESOURCES, INFORMATION AND EDUCATION WHILE ALSO PROMOTING THE LATINO CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE LEADERSHIP, NETWORKING, AND SUPPORT THE SUCCESS OF THE LATINO COMMUNITY BYPROVIDING RESOURCES, INFORMATION, AND EDUCATION WHILE PROMOTING THE AWARENESS OF THE LATINXCULTURE AND HELPING LATINOS IN THE US ACCLIMATE SOCIALLY AND FINANCIALLY.B. TO HELP BURGEONING ENTREPRENEURS GROW BY SUPPORTING EACH OTHER WITHOUT ENVY AND BY CREATINGHEALTHY RELATIONSHIPS BETWEEN THEM.C. TO BUILD AND STRENGTHEN A VIBRANT, PROSPEROUS, AND CONNECTED LATINX COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irma Chavez CEO | OfficerTrustee | 40 | $56,923 |
Maria Felix Bahena Santos Assistant Key Employee | OfficerTrustee | 40 | $37,625 |
Ariana Palmer Key Employee | Trustee | 40 | $36,923 |
Eddie Ramos President Of Board | OfficerTrustee | 1 | $0 |
Janeth Mota Secretary Of Board | Trustee | 1 | $0 |
Patsy Vega Chair Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,820 |
| Fundraising events | $10,300 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $325,579 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $346,699 |
| 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 | $351,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,455 |
| 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. | $116,608 |
| 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 | $14,490 |
| Payroll taxes | $36,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,100 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $41,050 |
| Fees for services: Fundraising | $6,674 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,443 |
| Office expenses | $10,561 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,395 |
| Travel | $15,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,099 |
| All other expenses | $0 |
| Total functional expenses | $352,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,725 |
| 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 | $59,725 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $59,725 |
| 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 | $59,725 |