2023-10-17T08:58:20-05:00 2022-12-31 HEINFELD MEECH & CO PC 1365 N SCOTTSDALE RD STE 300 SCOTTSDALE AZ 85257 990 2022-01-01 860685240 ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION ARIZ 6022791800 1020 E MISSOURI AVE PHOENIX AZ 85014 MONICA S VILLALOBOS PRESIDENT/CEO 6022791800 2023-10-17 1 MONICA VILLALOBOS 999009999 0 JENNIFER L SHIELDS CPA CGFM P01882954 6022779449 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MONICA S VILLALOBOS 1020 E MISSOURI AVE PHOENIX AZ 85014 1784711 0 X WWW.AZHCC.COM X 1991 AZ PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO SUPPORT STATEWIDE ECONOMIC AND BUSINESS DEVELOPMENT EFFORTS. 34 34 0 20 0 0 1512778 1739197 11000 275 5540 -4112 7860 6195 1537178 1741555 97500 121160 0 0 767987 742859 16063 20080 20080 560470 765949 1442020 1650048 95158 91507 1219419 1905039 523816 1117929 695603 787110 X PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO SUPPORT STATEWIDE ECONOMIC AND BUSINESS DEVELOPMENT EFFORTS. 0 0 1629968 121160 8091 THE FOUNDATION'S MISSION IS TO PROMOTE THE GOALS OF HISPANIC AND MINORITY-OWNED BUSINESSES BY ENGAGING ARIZONA HISPANIC CHAMBER OF COMMERCE MEMBERS, SUPPORTERS, AND COMMUNITY PARTNERS IN PHILANTHROPIC AND COMMUNITY-BASED ACTIVITIES THAT PROMOTE STATEWIDE ECONOMIC DEVELOPMENT, EDUCATIONAL ACHIEVEMENT, CIVIL ENGAGEMENT AND THE SHARING OF KNOWLEDGE AND MARKET INTELLIGENCE THAT BENEFITS THE GROWTH AND SUCCESS OF THE CHAMBER'S MEMBERS, ARIZONA AND THE STATE'S GROWING LATINO COMMUNITY. THE BUSINESS FOR ECONOMIC DIVERSITY AND EXCELLENCE, THE "CENTER" IS A PROGRAM UNDER THE FOUNDATION WHICH SERVES AS A VISIBLE AND ACCESSIBLE PLACE OF LEARNING AND EMPOWERMENT - A UNIFIED AND CREDITABLE VOICE REPRESENTING SMALL BUSINESS OWNERS AND THE GREATER HISPANIC COMMUNITY. THE CENTER IS SUPPORTED THROUGH A COMBINATION OF FEDERAL FUNDS, LOCAL GOVERNMENT SUPPORT, CORPORATE INVESTMENT, AND PHILANTHROPIC CONTRIBUTIONS. 1629968 1 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CARLOS VALDIVIA 6022791800 1020 E MISSOURI AVE PHOENIX AZ 85014 MONICA VILLALOBOS PRESIDENT/CEO 5.00 35.00 X X 0 149616 11031 JOHN RAMIREZ CHAIR 0.50 1.00 X X 0 0 0 LORENA VALENCIA CO-VICE CHAIR - EXTERNAL A 0.50 1.00 X X 0 0 0 STEVEN ORTEGA CO-VICE CHAIR - INTERNAL A 0.50 1.00 X X 0 0 0 TOMAS LEON VICE CHAIR - AZHCC FOUNDAT 0.50 1.00 X X 0 0 0 TANYA M MUNIZ TREASURER 0.50 1.00 X X 0 0 0 TABATHA LAVOIE SECRETARY 0.50 1.00 X X 0 0 0 LEONARDO LOO LEGAL COUNSEL 0.50 1.00 X 0 0 0 ARMANDO A ROMAN FINANCE COUNSEL 0.50 1.00 X 0 0 0 ANNETTE MUSA IMMEDIATE PAST CHAIR 0.50 1.00 X 0 0 0 LISA URIAS CHAIR EMERITUS 0.50 1.00 X 0 0 0 TONY ASTORGA CHAIR EMERITUS 0.50 1.00 X 0 0 0 RUBEN ALONZO DIRECTOR 0.50 1.00 X 0 0 0 JULIE ANN ALVARADO-DUBEK DIRECTOR 0.50 1.00 X 0 0 0 OMAR ALVAREZ DIRECTOR 0.50 1.00 X 0 0 0 GREGORY L BYRD DIRECTOR 0.50 1.00 X 0 0 0 CHRIS CAMACHO DIRECTOR 0.50 1.00 X 0 0 0 SERGIO CARDENAS DIRECTOR 0.50 1.00 X 0 0 0 MARIA R CHAVIRA PHD DIRECTOR 0.50 1.00 X 0 0 0 WASHINGTON COVENA DIRECTOR 0.50 1.00 X 0 0 0 ALEXIS ESPINOSA DIRECTOR 0.50 1.00 X 0 0 0 IVAN O GARCIA DIRECTOR 0.50 1.00 X 0 0 0 BONSAL GLASCOCK DIRECTOR 0.50 1.00 X 0 0 0 ASHLEY V KELLY DIRECTOR 0.50 1.00 X 0 0 0 LYDIA LEE DIRECTOR 0.50 1.00 X 0 0 0 STEPHANIE LOPEZ-GILLMORE DIRECTOR 0.50 1.00 X 0 0 0 STEVEN J LOPEZ DIRECTOR 0.50 1.00 X 0 0 0 STEVE MACIAS DIRECTOR 0.50 1.00 X 0 0 0 MELISSA MCDONALD DIRECTOR 0.50 1.00 X 0 0 0 DANIEL R ORTEGA JR DIRECTOR 0.50 1.00 X 0 0 0 ISRAEL ORTIZ DIRECTOR 0.50 1.00 X 0 0 0 ANDREW C PACHECO DIRECTOR 0.50 1.00 X 0 0 0 MARIO PANIAGUA DIRECTOR 0.50 1.00 X 0 0 0 MICHELLE RUTTLE DIRECTOR 0.50 1.00 X 0 0 0 JOHN SIZER DIRECTOR 0.50 1.00 X 0 0 0 TINA MARIE TENTORI DIRECTOR 0.50 1.00 X 0 0 0 LORENA C VAN ASSCHE DIRECTOR 0.50 1.00 X 0 0 0 MARIAN ZAPATA-ROSSA DIRECTOR 0.50 1.00 X 0 0 0 JAVIER FELICIANO DIRECTOR 0.50 1.00 X 0 0 0 ALIKA KUMAR EXECUTIVE DIRECTOR OF MBDA 40.00 0.00 X 0 107000 7880 0 256616 18911 0 0 1 0 0 23500 45780 1081973 587944 1739197 PROGRAM SERVICE REVENU 900099 275 275 275 -4112 -4112 41535 23500 43156 -1621 -1621 OTHER INCOME 900099 7816 7816 7816 1741555 8091 0 -5733 X 121160 121160 677576 677576 30625 30625 34658 34658 4808 4808 10750 10750 20080 20080 560239 560239 17344 17344 51340 51340 36361 36361 13464 13464 56532 56532 11972 11972 2259 2259 PROGRAM EXPENSES 880 880 1650048 1629968 0 20080 1053145 1546586 27652 27743 112530 212940 26092 117770 1219419 1905039 256389 358011 267427 759918 523816 1117929 X 519511 569340 176092 217770 695603 787110 1219419 1905039 91507 0 X 0 1 X 1 1 1 X X 1 ARIZONA HISPANIC CHAMBER OF COMMERCE 860445372 10 1 121160 0 1 121160 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 PART IV SECTION A LINE 3B THE ARIZONA HISPANIC CHAMBER OF COMMERCE A 501(C)(6) ORGANIZATION AND THE RELATED FOUNDATION'S ACCOUNTING IS MAINTAINED BY THE SAME FINANCE DEPARTMENT. MANAGEMENT VERIFIES, ON AN ANNUAL BASIS, THAT THE CHAMBER RECEIVES MORE THAN 33 1/3% OF ITS SUPPORT FROM CONTRIBUTION, MEMBERSHIP FEES AND GROSS RECEIPTS FROM ACTIVITIES RELATES TO ITS EXEMPT FUNCTION AND THE CHAMBER DOES NOT EXCEED INVESTMENT INCOME AND UNRELATED BUSINESS INCOME THRESHOLDS. PART IV SECTION A LINE 3C THE ARIZONA HISPANIC CHAMBER OF COMMERCE A 501(C)(6) ORGANIZATION AND THE RELATED FOUNDATION'S ACCOUNTING IS MAINTAINED BY THE SAME FINANCE DEPARTMENT. MANAGEMENT VERIFIES, ON AN ANNUAL BASIS, THAT THE CHAMBER RECEIVES MORE THAN 33 1/3% OF ITS SUPPORT FROM CONTRIBUTION, MEMBERSHIP FEES AND GROSS RECEIPTS FROM ACTIVITIES RELATES TO ITS EXEMPT FUNCTION AND THE CHAMBER DOES NOT EXCEED INVESTMENT INCOME AND UNRELATED BUSINESS INCOME THRESHOLDS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 172842 70160 117770 0 0 0 FUNDS HELD BY OTHER ORGANIZATION 117770 117770 X PART X, LINE 2: THE FOUNDATION IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE OF ARIZONA TAX PROVISIONS. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(3). THE FOUNDATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAXES, ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THE DATE FILED. MANAGEMENT HAS EVALUATED THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, IF ANY, ON ITS EXEMPT ORGANIZATION FILINGS, AND THE LIKELIHOOD THAT UPON EXAMINATION THOSE POSITIONS WOULD BE SUSTAINED. BASED ON THE RESULTS OF THIS EVALUATION, MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS. X X X 1 KAAREN-LYN GRAVES 9825 E KINETIC DR MESA AZ 85212 GRANT WRITING 0 1014482 20080 994402 1014482 20080 994402 AZ BUD SHOOTOUT 65035 23500 41535 17459 14709 10988 65035 23500 41535 17459 14709 10988 43156 -1621 1 SCHOLARSHIP ASSISTANCE 13 70160 BOOK MINORITY SMALL BUSINESS GRANTS 11 51000 BOOK 0 0 0 0 0 0 0 0 0 MONICA VILLALOBOS PRESIDENT/CEO 0 149616 0 0 0 0 0 5983 0 5048 0 160647 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE WILL REVIEW THE 990. IF APPROVED BY THE COMMITTEE, IT GOES TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C PRESIDENT / CEO INFORMALLY MONITORS FOR COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND IS RESPONSIBLE FOR DETERMINING IF A CONFLICT EXISTS AND HOW IT WILL BE RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE PRESIDENT / CEO. THE PRESIDENT / CEO IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR ALL THE OTHER KEY EMPLOYEES. WHILE THE PROCESS IS NOT DOCUMENTED AT THIS TIME, MARKET VALUE RESEARCH IS CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT POSTED ON A PUBLIC WEBSITE. FINANCIAL INFORMATION IS AVAILABLE ON THE IRS FORM 990 WHICH IS POSTED ON GUIDESTAR. FORM 990, PART IX, LINE 11G BUSINESS DEVELOPMENT CONSULTING: PROGRAM SERVICE EXPENSES 213,642. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 213,642. GRANT ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 96,442. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,442. PROJECT MANAGEMENT CONSULTING: PROGRAM SERVICE EXPENSES 140,171. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,171. MARKET RESEARCH CONSULTING: PROGRAM SERVICE EXPENSES 105,184. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 105,184. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 4,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,800. ARIZONA HISPANIC CHAMBER OF COMMERCE INC 1020 E MISSOURI AVE PHOENIX AZ 85014 860445372 PROMOTE HIGH BUSINESS STANDARDS AND COMMON INTERESTS OF MEMBERS AZ 501(C)(6) 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 ARIZONA HISPANIC CHAMBER OF COMMERCE INC C 45780 CASH PAID ARIZONA HISPANIC CHAMBER OF COMMERCE INC P 215827 CASH PAID ARIZONA HISPANIC CHAMBER OF COMMERCE INC M 37803 CASH PAID