2024-10-24T14:08:35-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2023-01-01 823593693 UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND UNIT 2028421212 750 17TH ST NW 825 WASHINGTON DC 20006 RAMIRO CAVAZOS PRESIDENT & CEO 2028421212 2024-10-24 1 1 FRANK SMITH P00639053 2022274000 2024-10-23 2023 2024-10-15 13:58:12Z RAMIRO CAVAZOS 750 17TH ST NW 825 WASHINGTON DC 20006 2553888 0 X USHCCEDUCATIONALFUND.ORG X 2017 DC TO PROVIDE EDUCATIONAL PROGRAMS FOR HISPANIC BUSINESS ACROSS THE US 14 13 0 13 0 0 3181962 2550922 0 0 4061 2966 0 0 3186023 2553888 3514812 1175085 0 0 0 0 0 0 34277 551179 726624 4065991 1901709 -879968 652179 4159181 4837092 559729 585461 3599452 4251631 X THE MISSION OF THE USHCC EDUCATIONAL FUND IS TO EDUCATE, TRAIN, BUILD CAPACITY, CONDUCT RESEARCH, PROVIDE LEADERSHIP DEVELOPMENT OPPORTUNITIES, EXPAND ACCESS TO CAPITAL, AND CREATE GRANT FUNDING FOR HISPANIC BUSINESSES THROUGH A NATIONAL NETWORK OF 250+ HISPANIC CHAMBERS OF COMMERCE. 0 0 207064 200000 AVANZAR ("TO ADVANCE" IN SPANISH) IS A SIX- TO EIGHT-MONTH BUSINESS ACCELERATOR PROGRAM DESIGNED TO TAKE HISPANIC BUSINESSES TO THE NEXT LEVEL WITH CURATED SKILLS BUILDING SESSIONS, RESOURCES, TOOLS, AND AN ACTION PLAN TO POSITION PARTICIPANTS FOR SUCCESS. AVANZAR PARTICIPANTS WILL COME AWAY WITH AN UPDATED BUSINESS PLAN, HOW BEST TO ACCESS CAPITAL FOR THEIR BUSINESS, AND WORKSHOPS AIMED TO STRENGTHEN OPERATIONS, MARKETING CAPABILITIES TO SUPPORT THEIR VISON OF SCALING THEIR BUSINESS.AVANZAR WAS LAUNCHED IN 2019 THANKS TO THE INVESTMENT AND PARTNERSHIP OF WELLS FARGO. SINCE 2019, AVANZAR HAS EXPANDED TO SUPPORT HISPANIC BUSINESSES IN ADDITIONAL CITIES AND REGIONS THANKS TO SUPPORT FROM USAA AND PHILIP MORRIS INTERNATIONAL WHO HAVE JOINED WELLS FARGO IN THE MISSION TO ADVANCE HISPANIC BUSINESSES READY TO GROW THEIR BUSINESS WITH AVANZAR. 906115 900000 ELEVATE TOGETHER ELEVATE TOGETHER DIRECTLY SUPPORTS BLACK AND HISPANIC SMALL BUSINESS OWNERS WITH THE MISSION OF HELPING LOCAL ECONOMIES, FOSTERING JOB CREATION, AND HELPING TO CLOSE THE RACIAL WEALTH GAP. IN PARTNERSHIP WITH THE ODP CORPORATION AND ROUND IT UP AMERICA, THE INITIATIVE HELPS SUPPORT SMALL BUSINESSES WITH FIVE OR LESS EMPLOYEE THROUGH TECHNICAL ASSISTANCE GRANTS, PROGRAMS, AND MENTORSHIP. 24708 IN HER FOOTSTEPS IS A MOVEMENT TO HIGHLIGHT LATINA LEADERSHIP THROUGH PERSONAL STORIES OF TRIUMPH, INSPIRATION, AND RESILIENCE. THIS INITIATIVE LOOKS TO PROVIDE THE COMMUNITY WITH HELPFUL INFORMATION, RESOURCES, AND STRATEGIES TO SUPPORT ENTREPRENEURS AND EXECUTIVES THROUGH THE CONTRIBUTIONS OF LATINA LEADERS ACROSS ALL SECTORS.IN HER FOOTSTEPS WAS INITIALLY LAUNCHED IN 2018, THANKS TO THE PARTNERSHIP AND COMMUNITY INVESTMENTS OF BANK OF AMERICA TO DEVELOP A PODCAST TO FEATURE LATINA EXECUTIVES FROM ALL SECTORS TO SHARE WHAT IT'S LIKE TO FOLLOW IN HER FOOTSTEPS. THE PODCAST HAS SINCE BECOME A DIGITAL SERIES LAUNCHING LATER THIS YEAR AND WILL FEATURE 10 LATINA ENTREPRENEURS ON WHAT THEY HAVE LEARNED RUNNING AND GROWING A BUSINESS INCLUDING TOPICS SUCH AS ACCESS TO CAPITAL AND BALANCING THEIR FAMILY AND BUSINESS NEEDS. THE USHCC EDUCATIONAL FUND IS LOOKING TO EXPAND ITS PROGRAMMING TO ADDRESS OPPORTUNITIES TO UPLIFT LATINAS ACROSS ALL SECTORS AND DEVELOP A SPACE TO NURTURE AND SUPPORT THEIR JOURNEY. 8018 THE USHCC GREEN BUILDS BUSINESS PROGRAM SEEKS TO OFFER HISPANIC BUSINESSES TO BECOME GREEN SUPPLIERS AND BEING PART OF THE SOLUTION TO TRANSFORM THE SUPPLY CHAIN WITH PROVEN GREEN BEST PRACTICES. PROGRAM PARTICIPANTS RECEIVE BUSINESS COACHING ON HOW TO IDENTIFY, DESIGN AND IMPLEMENT GREEN PROJECTS WITH AN AIM TO ACHIEVE A TRIPLE BOTTOM LINE OF RESULTS THAT LOWER COSTS, REDUCE ENVIRONMENTAL IMPACTS, AND SUPPORT THE WELLBEING OF COMMUNITIES.THIS PROGRAM WAS LAUNCHED WITH THE SUPPORT OF TOYOTA COMMITTED TO GREENING THE SUPPLY CHAIN AT THEIR ORGANIZATION AND BY INVESTING IN HISPANIC SUPPLIERS INTERESTED TO LEARN HOW TO INTEGRATE GREEN BEST PRACTICES INTO THEIR BUSINESS OPERATIONS. 376752 75085 OTHERS 384770 75085 1522657 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 15 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X RAMIRO CAVAZOS 2028421212 750 17TH ST NW 825 WASHINGTON DC 20006 ALICE RODRIGUEZ BOARD MEMBER 1.00 1.00 X 0 0 0 BETTY MANETTA BOARD MEMBER 1.00 1.00 X 0 0 0 CARLOS BECERRA BOARD MEMBER 1.00 1.00 X 0 0 0 DANIEL GALINDO BOARD MEMBER 1.00 0.00 X 0 0 0 JACKIE PUENTE BOARD MEMBER 1.00 1.00 X 0 0 0 JUAN CARLOS LISCANO BOARD MEMBER 1.00 1.00 X 0 0 0 KATHLEEN MARTINEZ BOARD MEMBER 1.00 0.00 X 0 0 0 MONIKA MANTILLA CHAIRWOMAN OF THE BOARD 1.00 1.00 X X 0 0 0 NELSON REYNERI JR BOARD MEMBER 1.00 1.00 X 0 0 0 RAMIRO A CAVAZOS PRESIDENT & CEO 10.00 40.00 X X 0 473052 6776 RAUL SALINAS GENERAL COUNSEL 1.00 1.00 X 0 0 0 ROSA SANTANA BOARD MEMBER 1.00 1.00 X 0 0 0 RUBEN BARRALES BOARD MEMBER 1.00 1.00 X 0 0 0 YAMMEL SANCHEZ-OCANA BOARD MEMBER 1.00 1.00 X 0 0 0 FELIPE UGALDE SECRETARY 10.00 40.00 X 0 199252 26151 EVELYN BARAHONA SVP USHCC EDUCATIONAL FUND 40.00 10.00 X 0 173542 3843 0 845846 36770 0 0 1 0 0 2550922 2550922 2966 2966 2553888 0 0 2966 X 1175085 1175085 311464 108520 177488 25456 204 49 145 10 45292 45292 336849 229240 100832 6777 1299 315 922 62 23880 7650 14612 1618 DUES & SUBSCRIPTIONS 7421 1798 5269 354 BANK FEES 215 215 1901709 1522657 344775 34277 3936349 4502423 100000 310422 72966 20932 49866 3315 4159181 4837092 166663 66459 393066 519002 559729 585461 X 1956117 1769325 1643335 2482306 3599452 4251631 4159181 4837092 652179 0 X X 0 1 X 1 0 X 700000 911185 4774305 3181962 2550922 12118374 700000 911185 4774305 3181962 2550922 12118374 6272987 5845387 5070 3835 4061 2966 15932 12134306 0.48170 0.31440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO USHCC 519002 519002 X PART X, LINE 2: USHCC PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION 1020 E MISSOURI AVE PHOENIX AZ 85014 860685240 501C6 115000 0 AVANZAR AND ELEVATE TOGETHER PROGRAMS BRISA BERUMEN-DIXON DBA SEABREEZE NEMT 3427 NORTH ROCKTON AVENUE ROCKFORD IL 61103 833702994 8585 0 AARP FOUNDATION UPSKILLING PROGRAM TRAINING FUNDS CONCILO HISPANO DE EMPRESAS DE COLORADO SPRINGS 6050 STETSON HILLS BOULEVARD 439 COLORADO SPRINGS CO 80922 474030138 501C3 25000 0 AVANZAR PROGRAM DEMETRIUS MORTON DBA GLORY PRESERVATION COMPANY 5173 ALDERSYDE ROAD OAK FOREST IL 60452 341661241 14000 0 AARP FOUNDATION UPSKILLING PROGRAM TRAINING FUNDS DESERT HARBOR YOUTH AND TEEN CENTER DBA FAMILY RESOURCE CENTER OF THE TRI-C P O BOX 3872 PASCO WA 99302 271557349 501C3 10000 0 AARP FOUNDATION UPSKILLING PROGRAM TRAINING FUNDS ENEASHA ACKLES 8513 VINEYARD AVENUE CLEVELAND OH 44105 851920877 20000 0 AARP FOUNDATION UPSKILLING PROGRAM TRAINING FUNDS GEORGIA HISPANIC CHAMBER OF COMMERCE 270 PEACHTREE STREET NW SUITE2200 ATLANTA GA 30303 581948935 501C6 90000 0 ELEVATE TOGETHER PROGRAM GREATER DALLAS HISPANIC COMMERCE 1402 CORINTH STREET SUITE 225 DALLAS TX 75215 751394176 501C6 90000 0 ELEVATE TOGETHER PROGRAM GREATER PHILADELPHIA HISPANIC CHAMBER OF COMMERCE 141 EAST HUNTING PARK AVENUE ROOM 148 PHILADELPHIA PA 19124 232738812 501C3 90000 0 ELEVATE TOGETHER PROGRAM HISPANIC CHAMBER OF COMMERCE OF PALM BEACH COUNTY 12794 FOREST HILL BOULEVARD 19A WELLINGTON FL 33414 650652653 501C6 90000 0 ELEVATE TOGETHER PROGRAM HISPANIC CHAMBER OF COMMERCE OF TAMPA BAY 711 EAST HENDERSON AVENUE SUITE224 TAMPA FL 33602 591717804 501C3 25000 0 AVANZAR PROGRAM ILLINOIS HISPANIC CHAMBER OF COMMERCE 222 WEST MERCHANDISE MART PLAZA CHICAGO IL 60654 363778777 501C3 90000 0 ELEVATE TOGETHER PROGRAM LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE 145 C SCALEYBARK RD CHARLOTTE NC 28209 415840747 501C6 25000 0 AVANZAR PROGRAM LATINO BUSINESS CHAMBER OF GREATER LA FOUNDATION 8531 WELLSFORD PLACE SUITE E SANTA FE SPRINGS CA 90670 262949736 501C3 90000 0 ELEVATE TOGETHER PROGRAM LATINO CHAMBER OF COMMERCE MINNESOTA 81 S 9TH STREET SUITE 200 MINNEAPOLIS MN 55402 811003491 501C6 90000 0 ELEVATE TOGETHER PROGRAM MICHIGAN HISPANIC CHAMBER OF COMMERCE PO BOX 397 NEW BALTIMORE MI 48047 382872956 501C6 90000 0 ELEVATE TOGETHER PROGRAM SAN ANTONIO HISPANIC CHAMBER OF COMMERCE 3006 GENERAL HUDNELL DRIVE SAN ANTONIO TX 78226 742370616 501C6 50000 0 AVANZAR PROGRAM SEE US NOW STAFFING INC 1810 EAST SAHARA AVENUE LAS VEGAS NV 89104 472202360 8000 0 AARP FOUNDATION UPSKILLING PROGRAM TRAINING FUNDS SOUTH FLORIDA HISPANIC CHAMBER OF COMMERCE 333 ARTHUR GODFREY ROAD STE 300 MIAMI BEACH FL 33140 650511241 501C3 90000 0 ELEVATE TOGETHER PROGRAM THE GREATER NORWALK HISPANIC CHAMBER OF COMMERCE 3 BELDEN AVENUE NORWALK CT 06850 473386280 501C6 25000 0 AVANZAR PROGRAM VIRGINIA HISPANIC CHAMBER OF COMMERCE 10700 MIDLOTHIAN TURNPIKE 200 RICHMOND VA 23235 541989885 501C6 25000 0 AVANZAR PROGRAM 7 14 PART I, LINE 2: CONTRIBUTIONS AND GRANTS ARE AWARDED TO RECIPIENTS DEEMED WORTHY OF ASSISTANCE BASED ON FINANCIAL NEED AND THEIR CONTRIBUTIONS/ACTIVITIES THAT FURTHER THE MISSION OF THE USHCC EDUCATIONAL FUND (USHCCEF). LOCAL CHAMBER GRANTS ARE AWARDED BASED THE IMPACT OF THEIR PROGRAMS, GEOGRAPHIC REPRESENTATION, HISTORY, PAST FUNDING AND OVERALL ADVANCEMENT OF THE USHCCEF GOALS. THE NUMBER AND AMOUNT OF LOCAL CHAMBER GRANTS DISTRIBUTED ARE ALSO CONSULTED WITH AND APPROVED BY RESPECTIVE FUNDERS. ANNUAL GRANTS TO THE USHCC ARE AWARDED TO SUPPORT EDUCATIONAL PROGRAMMING AND ACTIVITIES AT NATIONAL EVENTS ON BEHALF OF THE USHCCEF. AGREEMENTS ARE PROPERLY EXECUTED BY THE RESPECTIVE ENTITIES TO ENSURE REQUIREMENTS AND RESPONSIBILITIES ARE MET PRIOR TO FUNDS BEING DISBURSED AND THE USE OF FUNDS ARE MONITORED ACCORDINGLY. X X X X X 0 0 0 0 0 0 0 0 0 RAMIRO A CAVAZOS PRESIDENT & CEO 0 393052 0 80000 0 0 0 5625 0 1151 0 479828 0 0 FELIPE UGALDE SECRETARY 0 190919 0 8333 0 0 0 3052 0 23099 0 225403 0 0 EVELYN BARAHONA SVP USHCC EDUCATIONAL FUND 0 166459 0 7083 0 0 0 2692 0 1151 0 177385 0 0 FORM 990, PART VI, SECTION A, LINE 3 USHCCEF HAS A COST SHARING AGREEMENT WITH USHCC TO REIMBURSE FOR STAFF AND MANAGEMENT HOURS BASED ON MONTHLY TIMESHEETS AND REPORTS IN ADDITION TO A 25% BURDEN FEE. FORM 990, PART VI, SECTION B, LINE 11B THERE IS A PRELIMINARY REVIEW OF FORM 990 DRAFTS FOR ALL ENTITIES WITH OUR OUTSOURCED ACCOUNTING TEAM TO CONFIRM THAT ALL INFORMATION IS CORRECT. AFTER THE PRELIMINARY REVIEW, 990 DRAFTS ARE SENT TO THE FINANCE CHAIR FROM THE USHCC BOARD OF DIRECTORS AND THE CEO FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 USHCCEF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FEDERAL FORMS 990 AND 1023-EZ ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G COMMUNICATIONS & MARKETING: PROGRAM SERVICE EXPENSES 70,334. MANAGEMENT AND GENERAL EXPENSES 30,937. FUNDRAISING EXPENSES 2,079. TOTAL EXPENSES 103,350. EXECUTIVE SEARCH: PROGRAM SERVICE EXPENSES 27,222. MANAGEMENT AND GENERAL EXPENSES 11,974. FUNDRAISING EXPENSES 805. TOTAL EXPENSES 40,001. GRANT WRITING: PROGRAM SERVICE EXPENSES 19,853. MANAGEMENT AND GENERAL EXPENSES 8,732. FUNDRAISING EXPENSES 587. TOTAL EXPENSES 29,172. PROGRAM DEVELOPMENT: PROGRAM SERVICE EXPENSES 74,860. MANAGEMENT AND GENERAL EXPENSES 32,927. FUNDRAISING EXPENSES 2,213. TOTAL EXPENSES 110,000. TEMP STAFF: PROGRAM SERVICE EXPENSES 36,971. MANAGEMENT AND GENERAL EXPENSES 16,262. FUNDRAISING EXPENSES 1,093. TOTAL EXPENSES 54,326. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. UNITED STATES HISPANIC CHAMBER OF COMMERCE 750 17TH ST NW SUITE 825 WASHINGTON DC 20005 431249249 CHAMBER OF COMMERCE DC 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 UNITED STATES HISPANIC CHAMBER OF COMMERCE O 311465 FMV UNITED STATES HISPANIC CHAMBER OF COMMERCE S 52034 FMV