National Hispanic Corporate Council
- Assets
- $467.3k
- Revenue
- $333.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 95-4118666
Organization Overview
National Hispanic Corporate Council is located in Washington, DC. The organization was established in 1988. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Hispanic Corporate Council 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, National Hispanic Corporate Council generated $333.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $169.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NHCC PROVIDES OUR MEMBERS ACCESS TO A COLLABORATIVE COMMUNITY THAT SHARES RESOURCES, KNOWLEDGE, BEST PRACTICES AND INNOVATIVE SOLUTIONS TO GROW TALENT, CUSTOMERS AND SUPPLIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: TO BE OUR MEMBERS LEADING RESOURCE FOR MAXIMIZING THE HISPANIC MARKET OPPORTUNITY
FORUMS & CONFERENCES: FOCUS ON SUPPLIER DIVERSITY, MARKETING, COMMUNITY RELATIONS AND HUMAN RESOURCES WITHIN THE FOUNDATION OF CORPORATE RESPONSIBILITY.
JOB BOARD: TO ADVANCE POSITIONS AVAILABLE TO THE HISPANIC COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Arabu Executive Director | Officer | 40 | $111,539 |
Heidi Moore Secretary | Officer | 1 | $0 |
Mario Cabrera Treasurer | Officer | 1 | $0 |
Miguel Gonzalez Chair | Officer | 1 | $0 |
Maruiel Perkins-Chavis Director | Officer | 1 | $0 |
Tammy Nunn-Haynie Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $333,846 |
| 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 | $333,846 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $111,539 |
| Compensation of current officers, directors, key employees. | $16,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,951 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $609 |
| Office expenses | $6,047 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,494 |
| Travel | $6,847 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $62 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $643 |
| Insurance | $6,040 |
| All other expenses | $0 |
| Total functional expenses | $169,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,295 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $139,000 |
| 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 | $5,000 |
| 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 | $467,295 |
| Accounts payable and accrued expenses | $4,487 |
| Grants payable | $0 |
| Deferred revenue | $269,354 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $18,957 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $292,798 |
| Net assets without donor restrictions | $174,497 |
| 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 | $467,295 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that National Hispanic Corporate Council has recieved totaling $39,750.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $20,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $10,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Naacp Empowerment Programs Inc Baltimore, MD | $113,174,751 | $103,738,054 |
National Association For The Advancement Of Colored People Baltimore, MD | $32,426,272 | $33,545,881 |
Asian American Equal Opportunity Fund Washington, DC | $89,049,217 | $100,728,075 |
National Congress Of American Indians Washington, DC | $22,096,750 | $10,230,979 |
Congressional Black Caucus Foundation Inc Washington, DC | $27,522,852 | $16,990,320 |
Lulac National Educational Service Centers Inc Washington, DC | $2,152,455 | $9,352,585 |
Congressional Hispanic Caucus Institute Inc Washington, DC | $24,437,855 | $9,652,744 |
National Association For The Advancement Of Colored People Baltimore, MD | $34,744,473 | $15,559,685 |
National Action Council For Minorities In Engineering Inc Alexandria, VA | $24,460,984 | $4,503,129 |
Minority Corporate Counsel Association Inc Washington, DC | $7,066,542 | $4,466,534 |
National Black Caucus Of State Legislators Washington, DC | $4,139,916 | $3,218,552 |
Hispanic Association On Corporate Responsibility Washington, DC | $5,189,673 | $3,981,049 |