UNITED STATES HISPANIC CHAMBER OF COMMERCE: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
UNITED STATES HISPANIC CHAMBER OF COMMERCE (EIN 43-1249249)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-14
IRS object ID
201713189349310886
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-14T16:32:45-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521511275PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RAFFA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW SUITE 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431249249EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OFBusinessNameLine1Txt
Business Name Line2COMMERCEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlUNITBusinessNameControlTxt
Phone2028421212PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11424 K STREET NW NO 401AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAVIER PALOMAREZPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2028421212PhoneNum
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK H SMITHPreparerPersonNm
PTINP00639053PTIN
Phone2028225000PhoneNum
Preparation2017-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address207.238.152.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-14IPDt
IP Tm17:32:36IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdFFA2BC33170E4325356C19B39EDBBFEB056B45D7AtSubmissionCreationDeviceId
At Submission Filing Device IdD8B48308BC061A0DC07B446220B2988984B4F8A7AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAVIER PALOMAREZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11424 K STREET NW NO 401AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,077,325GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.USHCC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1979FormationYr
Legal Domicile StateNMLegalDomicileStateCd
Activity Or MissionTO FOSTER HISPANIC ECONOMIC DEVELOPMENT & TO CREATE SUSTAINABLE PROSPERITY FOR AMERICAN SOCIETY.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee19TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,923PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$5,562,497PYProgramServiceRevenueAmt
CY Program Service Revenue$5,077,096CYProgramServiceRevenueAmt
PY Investment Income$527PYInvestmentIncomeAmt
CY Investment Income$229CYInvestmentIncomeAmt
PY Other Revenue$53,812PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,619,759PYTotalRevenueAmt
CY Total Revenue$5,077,325CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,837,553PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,678,669CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,302,870PYOtherExpensesAmt
CY Other Expenses$3,282,691CYOtherExpensesAmt
PY Total Expenses$5,140,423PYTotalExpensesAmt
CY Total Expenses$4,961,360CYTotalExpensesAmt
PY Revenues Less Expenses$479,336PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$115,965CYRevenuesLessExpensesAmt
Total Assets BOY$2,864,680TotalAssetsBOYAmt
Total Assets EOY$2,462,666TotalAssetsEOYAmt
Total Liabilities BOY$1,858,388TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,716,542TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,006,292NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$746,124NetAssetsOrFundBalancesEOYAmt
MissionTHE 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescNATIONAL 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescLEGISLATIVE 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.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document88IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee19EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARIO VALDEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2028421212PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11424 K STREET NW NO 401AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DONALD SALAZAR
CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
RAYMOND ARROYO
MEMBER1.00Yes (X)$0$0$0
MARIA CARDONA
MEMBER1.00Yes (X)$0$0$0
CARMEN CASTILLO
MEMBER1.00Yes (X)$0$0$0
JOSEPH DELEON
MEMBER1.00Yes (X)$0$0$0
FERNAND FERNANDEZ
MEMBER1.00Yes (X)$0$0$0
REGINA O HEYWARD
MEMBER1.00Yes (X)$0$0$0
ROLAND JUAREZ
MEMBER1.00Yes (X)$0$0$0
MARIANO LEGAZ
MEMBER1.00Yes (X)$0$0$0
BETTY MANETTA
MEMBER1.00Yes (X)$0$0$0
MONIKA MANTILLA
MEMBER1.00Yes (X)$0$0$0
JOSE MAS
MEMBER1.00Yes (X)$0$0$0
JOE MELLA
MEMBER1.00Yes (X)$0$0$0
DR MARTHA MOLINA
MEMBER1.00Yes (X)$0$0$0
ALEIDA RIOS
MEMBER1.00Yes (X)$0$0$0
ALICE RODRIGUEZ
MEMBER1.00Yes (X)$0$0$0
ROSA SANTANA
MEMBER1.00Yes (X)$0$0$0
RUBEN TABORDA
MEMBER1.00Yes (X)$0$0$0
ROBERT I UNANUE
MEMBER1.00Yes (X)$0$0$0
NINA VACA
MEMBER1.00Yes (X)$0$0$05.00
PETER VILLEGAS
MEMBER1.00Yes (X)$0$0$0
JAVIER PALOMAREZ
PRESIDENT & CEO40.00Yes (X)$605,525$0$1,83310.00
MARIO VALDEZ
VP OF FINANCE AND ADMINISTRATION40.00Yes (X)$106,102$0$1,870
DEVERE KUTSCHER
SENIOR VICE PRESIDENT40.00$139,700$0$2,140Yes (X)
GISSEL NICHOLAS
SENIOR VICE PRESIDENT40.00$139,682$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$991,009TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,843TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FONTAINEBLEU FLORIDA HOTEL LLC
4441 COLLINS AVENUEMIAMI BEACHFL33140CONFERENCE SERVICES$659,694
ELITE GLOBAL
4630 CENTRE BOULEVARDLONG ISLAND CITYNY11109EVENT PLANNER$230,000
SHOW GEAR PARTNERS LLC
51 W MOON RIDGE DRIVEMURRAYUT84107AV PRODUCTION SUPPORT$202,670
HARGROVE INC
ONE HARGROVE DRIVELANHAMMD20706LOGISTIC SUPPORT$186,077
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
CONVENTION & EVENTS900099$4,458,479$125,985$4,332,494
MEMBERSHIP DUES900099$618,617$618,617
FieldValueIRS element (for citing)
Total Program Service Revenue$5,077,096TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$229TotalRevenueColumnAmt
Exclusion$229ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,077,325TotalRevenueColumnAmt
Related Or Exempt Func Income$744,602RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,332,723ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$715,330TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$800,951TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,516TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$65,532TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$88,340TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$955TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$66,538TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$455,858TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$72,963TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$135,834TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$113,325TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$167,044TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$499,195TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,599,713TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$31,401TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$40,851TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$64,817TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
DUES & SUBSCRIPTIONS$29,356
BAD DEBT EXPENSE$4,841

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,961,360TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$421,583BOYAmt
EOY$67,402EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$175,090BOYAmt
EOY$42,360EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$935,513BOYAmt
EOY$900,504EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$135,854BOYAmt
EOY$133,718EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$324,864LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$193,173LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$114,022BOYAmt
EOY$131,691EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,082,618BOYAmt
EOY$1,186,991EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,864,680BOYAmt
EOY$2,462,666EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$544,845BOYAmt
EOY$452,665EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$491,664BOYAmt
EOY$504,317EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$755,184BOYAmt
EOY$692,865EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$66,695BOYAmt
EOY$66,695EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,858,388BOYAmt
EOY$1,716,542EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,006,292BOYAmt
EOY$746,124EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,006,292BOYAmt
EOY$746,124EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,864,680BOYAmt
EOY$2,462,666EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$115,965ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$376,133PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$42,652OtherCostOrOtherBasisAmt
Book Value$42,652BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$186,469OtherCostOrOtherBasisAmt
Depreciation$186,470DepreciationAmt
Book Value-$1BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$95,743OtherCostOrOtherBasisAmt
Depreciation$6,703DepreciationAmt
Book Value$89,040BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$131,691TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
INTERCOMPANY RECEIVABLE$1,125,700
SECURITY DEPOSIT$26,696
NET ASSET OF SUBSIDIARIES$770
OTHER RECEIVABLES$33,825
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,186,991TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENTDesc
Amt$66,695Amt
FieldValueIRS element (for citing)
Total Liability$66,695TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation Required0SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJAVIER PALOMAREZPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$274,936BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$330,589BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$1,833DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$607,358TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationUSHCC PAID HEALTH CLUB DUES FOR JAVIER PALOMAREZ, MARIO VALDEZ, DEVERE KUTSCHER, AND GISSEL NICHOLAS FOR THE YEAR ENDED DECEMBER 31, 2016.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6USHCC 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 7AANY 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 7BANY 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 8AUSHCC 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 8BUSHCC 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 11BTHE DRAFT VERSION OF THE FEDERAL FORM 990 IS REVIEWED BY THE BOARD'S AUDIT AND FINANCE COMMITTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CALL 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 15ATHE SALARY AND BONUS STRUCTURE OF THE PRESIDENT & CEO IS DETERMINED BASED ON OBSERVING SALARY LEVELS OF OTHER SIMILAR ORGANIZATIONS. AN INDEPENDENT COMPENSATION STUDY IS CONDUCTED AS WELL AND DISCUSSIONS OF THE STUDY ARE DOCUMENTED IN THE BOARD OF DIRECTOR'S MEETING MINUTES. THE COMPENSATION STUDY LAST TOOK PLACE DURING 2013.
FORM 990, PART VI, SECTION C, LINE 19USHCC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AVAILABLE TO PUBLIC UPON REQUEST. THE FEDERAL FORMS 990 AND 1024 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
USHCC ACCESS TO CAPITAL LLC
1424 K STREET NW SUITE 401WASHINGTONDC20005800012832FINANCIAL INVESTMENTSDCUNITED STATES HISPANIC CHAMBER OF COMMERCE
USHCC MEDIA VENTURES LLC
1424 K STREET NW SUITE 401WASHINGTONDC20005460464170MEDIADCUNITED STATES HISPANIC CHAMBER OF COMMERCE
UNITED STATES HISPANIC CHAMBER OF COMMERCE OF BUSINESS DEVELOPMENT
1424 K STREET NW SUITE 401WASHINGTONDC20005262713435BUSINESS AND TRAINING DEVELOPMENTDCUNITED STATES HISPANIC CHAMBER OF COMMERCE
ASOCIACION CIVIL DE UNITED STATES CHAMBERS OF COMMERCE
1424 K STREET NW SUITE 401WASHINGTONDC20005TO FOSTER AND PROMOTE MISSION OF USHCC IN MEXICOUNITED STATES HISPANIC CHAMBER OF COMMERCEMX
USHCC ENTERPRISES INC
1424 K STREET NW SUITE 401WASHINGTONDC20005260880092ADVISORY SERVICEDCUNITED STATES HISPANIC CHAMBER OF COMMERCE

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OF COMMERCE FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11424 K STREET NW SUITE 401AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
EIN521754621EIN
Primary ActivitiesBUSINESS EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OF COMMERCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OF COMMERCE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeNTransactionTypeTxt
Involved$60,000InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.