2017-11-14T16:32:45-06:00 2016-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2016-01-01 431249249 UNITED STATES HISPANIC CHAMBER OF COMMERCE UNIT 2028421212 1424 K STREET NW NO 401 WASHINGTON DC 20005 JAVIER PALOMAREZ PRESIDENT & CEO 2028421212 2017-11-14 1 FRANK H SMITH P00639053 2028225000 2017-11-14 207.238.152.3 2017-11-14 17:32:36 ES P FFA2BC33170E4325356C19B39EDBBFEB056B45D7 D8B48308BC061A0DC07B446220B2988984B4F8A7 2016 2017-02-10 21:41:12Z JAVIER PALOMAREZ 1424 K STREET NW NO 401 WASHINGTON DC 20005 5077325 0 X WWW.USHCC.COM X 1979 NM TO FOSTER HISPANIC ECONOMIC DEVELOPMENT & TO CREATE SUSTAINABLE PROSPERITY FOR AMERICAN SOCIETY. 21 21 19 21 0 0 2923 0 5562497 5077096 527 229 53812 0 5619759 5077325 0 0 0 0 1837553 1678669 0 0 0 3302870 3282691 5140423 4961360 479336 115965 2864680 2462666 1858388 1716542 1006292 746124 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 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 88 0 1 19 1 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 1 0 0 0 0 0 1 1 1 1 1 1 0 0 NM X MARIO VALDEZ 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 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 5.00 X 0 0 0 PETER VILLEGAS MEMBER 1.00 X 0 0 0 JAVIER PALOMAREZ PRESIDENT & CEO 40.00 10.00 X 605525 0 1833 MARIO VALDEZ VP OF FINANCE AND ADMINISTRATION 40.00 X 106102 0 1870 DEVERE KUTSCHER SENIOR VICE PRESIDENT 40.00 X 139700 0 2140 GISSEL NICHOLAS SENIOR VICE PRESIDENT 40.00 X 139682 0 0 991009 0 5843 4 0 1 0 FONTAINEBLEU FLORIDA HOTEL LLC 4441 COLLINS AVENUE MIAMI BEACH FL 33140 CONFERENCE SERVICES 659694 ELITE GLOBAL 4630 CENTRE BOULEVARD LONG ISLAND CITY NY 11109 EVENT PLANNER 230000 SHOW GEAR PARTNERS LLC 51 W MOON RIDGE DRIVE MURRAY UT 84107 AV PRODUCTION SUPPORT 202670 HARGROVE INC ONE HARGROVE DRIVE LANHAM MD 20706 LOGISTIC SUPPORT 186077 4 CONVENTION & EVENTS 900099 4458479 125985 4332494 MEMBERSHIP DUES 900099 618617 618617 5077096 229 229 5077325 744602 0 4332723 715330 800951 8516 65532 88340 955 66538 455858 72963 135834 113325 167044 499195 1599713 31401 40851 64817 DUES & SUBSCRIPTIONS 29356 BAD DEBT EXPENSE 4841 4961360 421583 67402 175090 42360 935513 900504 135854 133718 324864 193173 114022 131691 1082618 1186991 2864680 2462666 544845 452665 491664 504317 755184 692865 66695 66695 1858388 1716542 X 1006292 746124 1006292 746124 2864680 2462666 115965 -376133 0 X 0 0 0 0 1 0 42652 42652 186469 186470 -1 95743 6703 89040 131691 INTERCOMPANY RECEIVABLE 1125700 SECURITY DEPOSIT 26696 NET ASSET OF SUBSIDIARIES 770 OTHER RECEIVABLES 33825 1186991 DEFERRED RENT 66695 66695 X 0 0 X X X X X 0 0 0 JAVIER PALOMAREZ PRESIDENT & CEO 274936 0 330589 0 0 0 1833 0 0 0 607358 0 0 0 PART I, LINE 1A USHCC PAID HEALTH CLUB DUES FOR JAVIER PALOMAREZ, MARIO VALDEZ, DEVERE KUTSCHER, AND GISSEL NICHOLAS FOR THE YEAR ENDED DECEMBER 31, 2016. 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'S AUDIT AND FINANCE COMMITTEES 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 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 19 USHCC 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. USHCC ACCESS TO CAPITAL LLC 1424 K STREET NW SUITE 401 WASHINGTON DC 20005 800012832 FINANCIAL INVESTMENTS DC UNITED STATES HISPANIC CHAMBER OF COMMERCE USHCC MEDIA VENTURES LLC 1424 K STREET NW SUITE 401 WASHINGTON DC 20005 460464170 MEDIA DC UNITED STATES HISPANIC CHAMBER OF COMMERCE UNITED STATES HISPANIC CHAMBER OF COMMERCE OF BUSINESS DEVELOPMENT 1424 K STREET NW SUITE 401 WASHINGTON DC 20005 262713435 BUSINESS AND TRAINING DEVELOPMENT DC UNITED STATES HISPANIC CHAMBER OF COMMERCE ASOCIACION CIVIL DE UNITED STATES CHAMBERS OF COMMERCE 1424 K STREET NW SUITE 401 WASHINGTON DC 20005 TO FOSTER AND PROMOTE MISSION OF USHCC IN MEXICO MX UNITED STATES HISPANIC CHAMBER OF COMMERCE USHCC ENTERPRISES INC 1424 K STREET NW SUITE 401 WASHINGTON DC 20005 260880092 ADVISORY SERVICE DC UNITED STATES HISPANIC CHAMBER OF COMMERCE UNITED STATES HISPANIC CHAMBER OF COMMERCE FOUNDATION 1424 K STREET NW SUITE 401 WASHINGTON DC 20005 521754621 BUSINESS EDUCATION DC 501(C)(3) LINE 7 UNITED STATES HISPANIC CHAMBER OF COMMERCE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 UNITED STATES HISPANIC CHAMBER OF COMMERCE FOUNDATION N 60000 COST