2018-11-15T14:25:18-06:00 2017-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2017-01-01 431249249 UNITED STATES HISPANIC CHAMBER OF COMMERCE UNIT 2028421212 1424 K STREET NW NO 401 WASHINGTON DC 20005 RAMIRO CAVAZOS PRESIDENT & CEO 2028421212 2018-11-15 1 FRANK H SMITH P00639053 2028225000 2018-11-15 207.238.152.31 2018-11-15 15:25:07 ES P D653353D7DBCB53E6E80CBBAE88F302164E361EF 1A0AE8A7BB8C6D2397DB88F111DB3F763BC2E0F7 2017 2019-02-21 02:37:17Z RAMIRO CAVAZOS 1424 K STREET NW NO 401 WASHINGTON DC 20005 5216588 0 X WWW.USHCC.COM X 1979 NM TO FOSTER HISPANIC ECONOMIC DEVELOPMENT & TO CREATE SUSTAINABLE PROSPERITY FOR AMERICAN SOCIETY. 22 22 24 22 0 0 0 235 5077096 5142244 229 209 0 73900 5077325 5216588 0 31808 0 0 1678669 1949151 0 0 0 3282691 3061744 4961360 5042703 115965 173885 2462666 1930374 1716542 961881 746124 968493 THE MISSION OF THE UNITED STATES HISPANIC CHAMBER OF COMMERCE (USHCC) IS TO PROMOTE AND DEVELOP HISPANIC OWNED BUSINESSES. THE USHCC IS THE CENTRAL LINK TO A NETWORK THAT PROVIDES ECONOMIC OPPORTUNITY TO THE HISPANIC COMMUNITY. 0 0 NATIONAL CONVENTION & BUSINESS EXPO- THE NATIONAL CONVENTION IS HELD ANNUALLY IN SEPTEMBER AND ATTENDED BY OVER 5,000 PEOPLE. THE CONVENTION HELPS PROMOTE NETWORKING AND THE SHARING OF VALUABLE INFORMATION TO HISPANIC BUSINESSES AND CHAMBER MEMBERS. LEGISLATIVE CONFERENCE - THIS PROGRAM IS THE LEADING LEGISLATIVE FORUM REPRESENTING THE INTERESTS OF THE LATINO AND LATINA BUSINESS COMMUNITY. IT BRINGS TOGETHER HISPANIC ELECTED OFFICIALS, MEMBERS OF CONGRESS, GOVERNMENT LEADERS, INFLUENTIAL HISPANIC ENTREPRENEURS AND MEMBERS OF CORPORATE AMERICA TO DISCUSS THE IMPORTANT ISSUES AFFECTING THE HISPANIC BUSINESS COMMUNITY. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 101 0 1 24 1 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 1 0 0 0 0 0 1 1 1 1 1 1 0 0 NM X FELIPE UGALDE 2028421212 1424 K STREET NW NO 401 WASHINGTON DC 20005 DONALD SALAZAR CHAIRMAN 5.00 X X 0 0 0 RAYMOND ARROYO MEMBER 1.00 X 0 0 0 MARIA CARDONA MEMBER 1.00 X 0 0 0 CARMEN CASTILLO MEMBER 1.00 X 0 0 0 JOSEPH DELEON MEMBER 1.00 X 0 0 0 FERNAND FERNANDEZ MEMBER 1.00 X 0 0 0 REGINA O HEYWARD MEMBER 1.00 X 0 0 0 ROLAND JUAREZ MEMBER 1.00 X 0 0 0 MARIANO LEGAZ MEMBER 1.00 X 0 0 0 JUAN CARLOS LISCANO MEMBER - AS OF 10/2017 1.00 X 0 0 0 BETTY MANETTA MEMBER 1.00 X 0 0 0 MONIKA MANTILLA MEMBER 1.00 X 0 0 0 JOSE MAS MEMBER 1.00 X 0 0 0 JOE MELLA MEMBER 1.00 X 0 0 0 DR MARTHA MOLINA MEMBER 1.00 X 0 0 0 ALEIDA RIOS MEMBER 1.00 X 0 0 0 ALICE RODRIGUEZ MEMBER 1.00 X 0 0 0 ROSA SANTANA MEMBER 1.00 X 0 0 0 RUBEN TABORDA MEMBER 1.00 X 0 0 0 ROBERT I UNANUE MEMBER 1.00 X 0 0 0 NINA VACA MEMBER 1.00 X 0 0 0 PETER VILLEGAS MEMBER 1.00 X 0 0 0 JAVIER PALOMAREZ PRESIDENT & CEO 40.00 X 597090 0 2342 MARIO VALDEZ VP OF FINANCE AND ADMINISTRATION 40.00 X 114557 0 2335 GISSEL NICHOLAS CHIEF OF STAFF - UNTIL 11/2017 40.00 X 143813 0 418 DEVERE KUTSCHER SENIOR VICE PRESIDENT 40.00 X 123775 0 2607 ELIZA HERNANDEZ CHIEF OF STAFF - AS OF 11/2017 40.00 X 108546 0 2275 1087781 0 9977 5 0 1 0 OMNI HOTEL & RESORTS DALLAS 555 S LAMAR STREET DALLAS TX 75202 CONFERENCE SERVICES 498564 ELITE GLOBAL EVENTS 75 MAIN STREET SUITE 2B FARMINGDALE NY 11735 EVENT PLANNER 233750 HARGROVE INC ONE HARGROVE DRIVE LANHAM MD 20706 LOGISTIC SUPPORT 168272 SHOW GEAR PARTNERS LLC 51 W MOON RIDGE DRIVE MURRAY UT 84107 AV PRODUCTION SUPPORT 163001 MARRIOTT HOTEL 1127 CONNECTICUT AVENUE NW WASHINGTON DC 20036 CONFERENCE SERVICES 100806 5 235 235 CONVENTION & EVENTS 900099 4518902 81167 4437735 MEMBERSHIP DUES 900099 623342 623342 5142244 209 209 ALLOCATION TO USHCCF 900099 50000 50000 COMMISSIONS 900099 22209 22209 MISCELLANEOUS 900099 1691 1691 73900 5216588 704509 0 4511844 31808 716324 986599 9911 124392 111925 30974 32542 398771 123351 88268 65358 156183 471676 1532723 28055 47183 52042 DUES & SUBSCRIPTIONS 32537 BAD DEBT EXPENSE 2081 5042703 67402 69802 42360 0 900504 862819 133718 142285 350284 241947 131691 108337 1186991 747131 2462666 1930374 452665 18310 504317 282400 692865 618599 66695 42572 1716542 961881 X 746124 968493 746124 968493 2462666 1930374 173885 48484 0 X 0 0 0 0 1 0 49327 13673 35654 201519 161616 39903 99438 66658 32780 108337 INTERCOMPANY RECEIVABLE 719665 SECURITY DEPOSIT 26696 NET ASSET OF SUBSIDIARIES 770 747131 DEFERRED RENT 38131 MISCELLANEOUS LIABILITIES 4441 42572 0 INTERNATIONAL REPUBLICAN INSTITUTE 1225 I STREET NW SUITE 800 WASHINGTON DC 20005 521340267 501(C)(3) 15000 GENERAL SUPPORT 1 X 0 0 X X X X X 1 0 0 JAVIER PALOMAREZ PRESIDENT & CEO 288679 0 308411 0 0 0 1924 0 418 0 599432 0 0 0 PART I, LINE 1A USHCC PAID HEALTH CLUB DUES FOR ALL OFFICERS AND HIGHEST COMPENSATED EMPLOYEES LISTED ON PART VII, SECTION A FOR THE YEAR ENDED DECEMBER 31, 2017. PART I, LINE 4A GISSEL NICHOLAS, CHIEF OF STAFF, RECEIVED A SEVERANCE OF $7,483 FOR THE YEAR ENDED DECEMBER 31, 2017. ROLAND JUAREZ FORMER BOARD MEMBER 30974 HUNTON ANDREWS KURTH, A LAW FIRM WHERE ROLAND JUAREZ, FORMER BOARD MEMBER OF THE CHAMBER, IS A PARTNER, PROVIDED LEGAL SERVICES FOR THE CHAMBER DURING THE YEAR ENDED DECEMBER 31, 2017. 0 FORM 990, PART VI, SECTION A, LINE 6 USHCC MEMBERS INCLUDE DUES PAYING LOCAL CHAMBER OF COMMERCE, PROFESSIONAL TRADE ASSOCIATIONS AND BUSINESS NETWORKS. USHCC SHALL HAVE MEMBERSHIP CLASSIFICATIONS BASED ON THE FOLLOWING CATEGORIES: -INDIVIDUAL MEMBER: A PERSON WHO IS AN INDIVIDUAL, TRADE ASSOCIATION, CHAMBER OF COMMERCE, CHAMBER OF CHAMBERS, STATEWIDE MEMBERSHIP ORGANIZATION, CORPORATION, PARTNERSHIP, OR BUSINESS ENTITY HAVING A GOOD FAITH INTEREST IN THE OBJECTIVES OF USHCC. -HISPANIC BUSINESS ENTERPRISE: A BUSINESS ENTITY THAT IS 51% OR MORE HISPANIC-OWNED WHICH MEETS THE ELIGIBILITY REQUIREMENTS AND PAYS THE DUES AS ESTABLISHED BY THE USHCC BOARD OF DIRECTORS. -CORPORATE PARTNER MEMBER: A BUSINESS ENTITY WHICH MEETS THE ELIGIBILITY REQUIREMENTS AND PAYS THE DUES AS ESTABLISHED BY THE USHCC BOARD OF DIRECTORS. -HONORARY MEMBER: A PERSON OR BUSINESS ENTITY WHICH MEETS THE ELIGIBILITY REQUIREMENTS AND IS NOT REQUIRED TO PAY DUES. -HISPANIC TRADE ASSOCIATIONS, LOCAL HISPANIC CHAMBERS OF COMMERCE, CHAMBER OF CHAMBERS AND STATEWIDE MEMBERSHIP ORGANIZATIONS THAT MEET THE QUALIFICATIONS ESTABLISHED BY THE USHCC BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ANY USHCC BOARD MEMBER SHALL ALSO BE A MEMBER OF THE USHCC. THOSE BOARD MEMBERS WHO BECOME A PAID MEMBER OF USHCC MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ANY USHCC BOARD MEMBER SHALL ALSO BE A MEMBER OF THE USHCC. THOSE BOARD MEMBERS WHO BECOME A PAID MEMBER OF USHCC CAN APPROVE ANY DECISIONS MADE BY THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8A USHCC DOES NOT HAVE THE INSTITUTIONAL CAPACITY FOR SUCH A PROCESS TO OCCUR AND THE BOARD OF DIRECTORS FUNCTIONS ON ITS OWN WITHOUT ANY COMMITTEES. FORM 990, PART VI, SECTION A, LINE 8B USHCC DOES NOT HAVE THE INSTITUTIONAL CAPACITY FOR SUCH A PROCESS TO OCCUR AND THE BOARD OF DIRECTORS FUNCTIONS ON ITS OWN WITHOUT ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OF THE EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT WHICH THEY ARE REQUIRED TO REVIEW AND TO REPORT ANY CONFLICTS OF INTEREST. ADDITIONALLY, THE FOLLOWING GUIDELINES REGARDING CONFLICTS OF INTEREST ARE OUTLINED IN THE BYLAWS: -BOARD MEMBERS SHALL NOT ACCEPT GIFTS, FAVORS, SERVICES, ENTERTAINMENT OR OTHER THINGS OF VALUE THAT MAY INAPPROPRIATELY OR ADVERSELY INFLUENCE THE DECISIONS OF THE USHCC. -OFFERING, GIVING, SOLICITING OR RECEIVING ANY FORM OF BRIBE OR OTHER IMPROPER PAYMENT IS PROHIBITED. -BOARD MEMBERS SHALL REFRAIN FROM VOTING ON ANY ISSUES THAT CONSTITUTE A CONFLICT OF INTEREST. IF THERE IS UNCERTAINTY ABOUT THE EXISTENCE OF A CONFLICT, BOARD MEMBERS SHOULD SEEK CLARIFICATION FROM THE USHCC BOARD LEGAL COUNSEL. -BOARD MEMBERS SHALL NOT EXTEND PREFERENTIAL TREATMENT IN RELATION TO ANY OFFICIAL MATTER TO FAMILY MEMBERS, FRIENDS OR TO ORGANIZATIONS IN WHICH THEY, FAMILY MEMBERS OR FRIENDS HAVE AN INTEREST. -BOARD MEMBERS SHALL AVOID ANY EMPLOYMENT, ACTIVITY, INVESTMENT OR OTHER INTEREST WHICH MIGHT INVOLVE OBLIGATIONS THAT MAY COMPETE WITH OR BE IN CONFLICT WITH THE INTERESTS OF THE USHCC. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY AND BONUS STRUCTURE OF THE PRESIDENT & CEO WAS DETERMINED BASED ON OBSERVING SALARY LEVELS OF OTHER SIMILAR ORGANIZATIONS. AN INDEPENDENT COMPENSATION STUDY WAS CONDUCTED AND DISCUSSIONS OF THE STUDY WERE DOCUMENTED IN THE BOARD OF DIRECTOR'S MEETING MINUTES. THE LAST COMPENSATION STUDY TOOK PLACE IN 2013. FORM 990, PART VI, SECTION C, LINE 19 USHCC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. THE FEDERAL FORMS 990 AND 1024 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.