UNITED STATES HISPANIC CHAMBER OF COMMERCE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
UNITED STATES HISPANIC CHAMBER OF COMMERCE (EIN 43-1249249)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-13
IRS object ID
201303179349304365
Schema version
2012v2.1
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)
Timestamp2013-11-13T14:11:42-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line19737 WASHINGTONIAN BLVD 400AddressLine1
CityGAITHERSBURGCity
StateMDState
ZIP Code208787340ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN431249249EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OF COMMERCEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlUNITNameControl
Phone2028421212Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11424 K STREET NW NO 401AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJAVIER PALOMAREZName
TitlePRESIDENT & CEOTitle
Phone2028421212Phone
Date Signed2013-11-08DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWILLIAM E TURCO CPAName
PTINP00369217PTIN
Phone3012963600Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJAVIER PALOMAREZNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11424 K STREET NW NO 401AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode
FieldValueIRS element (for citing)
Gross Receipts5015584GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.USHCC.COMWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1979YearFormation
State Legal DomicileNMStateLegalDomicile
Activity Or Mission DescriptionTO PROMOTE THE DEVELOPMENT AND GROWTH OF HISPANIC-OWNED BUSINESSES.ActivityOrMissionDescription
Nbr Voting Members Governing Body22NbrVotingMembersGoverningBody
Nbr Independent Voting Members22NbrIndependentVotingMembers
Total Nbr Employees15TotalNbrEmployees
Total Nbr Volunteers22TotalNbrVolunteers
Total Gross UBI166177TotalGrossUBI
Net Unrelated Business Txbl Income-382217NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year7080ContributionsGrantsCurrentYear
Program Service Revenue Prior Year4082962ProgramServiceRevenuePriorYear
Program Service Revenue CY5004547ProgramServiceRevenueCY
Investment Income Prior Year3175InvestmentIncomePriorYear
Investment Income Current Year297InvestmentIncomeCurrentYear
Other Revenue Prior Year5240OtherRevenuePriorYear
Other Revenue Current Year3660OtherRevenueCurrentYear
Total Revenue Prior Year4091377TotalRevenuePriorYear
Total Revenue Current Year5015584TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1112699SalariesEtcPriorYear
Salaries Etc Current Year1462760SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year3391641OtherExpensePriorYear
Other Expenses Current Year3693171OtherExpensesCurrentYear
Total Expenses Prior Year4504340TotalExpensesPriorYear
Total Expenses Current Year5155931TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-412963RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-140347RevenuesLessExpensesCY
Total Assets BOY2351356TotalAssetsBOY
Total Assets EOY1322362TotalAssetsEOY
Total Liabilities BOY2800016TotalLiabilitiesBOY
Total Liabilities EOY1970180TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-448660NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-647818NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE PRIMARY PURPOSE OF THE UNITED STATES HISPANIC CHAMBER OF COMMERCE IS TO PROMOTE DEVELOPMENT AND GROWTH OF HISPANIC-OWNED BUSINESSES. THE USHCC IS THE CENTRAL LINK IN A NATIONWIDE NETWORK THAT PROVIDES OPPORTUNITIES TO THE HISPANIC BUSINESS COMMUNITY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionNATIONAL 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.Description

Activity2 Activity2

FieldValueIRS element (for citing)
DescriptionLEGISLATIVE 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.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
DescriptionPROCUREMENT INITIATIVESDescription
FieldValueIRS element (for citing)
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax1SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109624NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees15NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions1NonDeductibleContributions
Non Deductible Disclosure1NonDeductibleDisclosure
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members22NbrVotingGoverningBodyMembers
Number Independent Voting Members22NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledDCStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1MANUEL COSMEBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2028421212TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11424 K STREET NW NO 401AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (29 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployee
MARC RODRIGUEZ
CHAIRMAN10.001.00XX000
RAYMOND ARROYO
BOARD MEMBER1.001.00X000
RUBEN TABORDA
BOARD MEMBER1.001.00X000
MARTHA MONTOYA
BOARD MEMBER1.001.00X000
TONY QUINTERO
BOARD MEMBER1.001.00X000
PETER VILLEGAS
BOARD MEMBER1.001.00X000
DON SALAZAR
BOARD MEMBER1.001.00X000
NINA VACA-HUMRICHOUSE
BOARD MEMBER1.001.00X000
JUVENTINO CANO
BOARD MEMBER1.001.00X000
DAVID GOMEZ
BOARD MEMBER1.001.00X000
ELIZABETH CHALAS-BERMAN
BOARD MEMBER1.001.00X000
TONY JIMENEZ
BOARD MEMBER1.001.00X000
JOSE NINO
BOARD MEMBER1.001.00X000
MARIA WELCH-MARTINEZ
BOARD MEMBER1.001.00X000
CESAR MELGOZA
BOARD MEMBER1.001.00X000
GABRIEL PASCUAL
BOARD MEMBER1.001.00X000
ELLIOT RIVERA
BOARD MEMBER1.001.00X000
FRANK RODRIGUEZ
BOARD MEMBER1.001.00X000
IGNACIO VELOZ
BOARD MEMBER1.001.00X000
MARIANO LEGAZ
BOARD MEMBER1.001.00X000
CARMEN LONSTEIN
BOARD MEMBER1.001.00X000
ROGER MARRERO
BOARD MEMBER1.001.00X000
JAVIER PALOMAREZ
PRESIDENT & CEO30.0010.00X408239016910
MANUEL COSME
CFO7.502.50X5442903515
DEVERE KUTSCHER
VP - STRATEGY40.0011184307364X
GISSEL NICHOLAS
VP - PROGRAMS40.00104218015180X
EDUARDO PEREIRA
VP - BUSINESS DEVELOPMENT40.0010547805424X
JESSE SALAZAR
VP - GOVERNMENT RELATIONS40.0010455606786X
JENNIFER TARAZON
VP - FOUNDATION40.0010494905424X
FieldValueIRS element (for citing)
Total Reportable Comp From Org993712TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation60603TotalOtherCompensation
Number Individuals GT100 K6NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
JW MARRIOTT
900 WEST OLYMPIC BLVDLOS ANGELESCA90015EVENT VENUE526386
FONTAINEBLEAU HOTEL
PO BOX 12889MIAMIFL12889EVENT VENUE471231
ELITE GLOBAL EVENTS INC
114 W 47TH ST 19TH FLNEW YORKNY10036EVENT CONSULTING314635
ASCENSION MEDIA GROUP
1819 L ST NW STE 100WASHINGTONDC20036TV PRODUCTION CONSULTING302317
HARGROVE
ONE HARGROVE DRIVELANHAMMD20706EVENT PRODUCTION176014
FieldValueIRS element (for citing)
Number Of Contractors GT100 K7NumberOfContractorsGT100K
All Other Contributions7080AllOtherContributions
Total Contributions7080TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeExclusionExclusionAmountUnrelated Business RevenueUnrelatedBusinessRevenue
CONVENTION & EVENTS90009935722583558758$13,500
MEMBERSHIP DUES900099988572988572
SPECIAL PROJECTS900099277540277540
TELEVISION PROGRAM541800166177166177
FieldValueIRS element (for citing)
Total Program Service Revenue5004547TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column297TotalRevenueColumn
Exclusion$297ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOTHER REVENUESDescription
Business Code900099BusinessCode
Total Revenue Column3660TotalRevenueColumn
Related Or Exempt Function Income3660RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue3660TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column5015584TotalRevenueColumn
Related Or Exempt Function Income4828530RelatedOrExemptFunctionIncome
Unrelated Business Revenue166177UnrelatedBusinessRevenue
Exclusion$13,797ExclusionAmount
FieldValueIRS element (for citing)
Info In Schedule O Part IXXInfoInScheduleOPartIX

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total518947Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total817741Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total3708Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total38205Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total84159Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total15402Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total64478Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total679360Total

Advertising Advertising

FieldValueIRS element (for citing)
Total176954Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total195942Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total50471Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total141320Total

Travel Travel

FieldValueIRS element (for citing)
Total468353Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total1296490Total

Interest Interest

FieldValueIRS element (for citing)
Total35614Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total26931Total

Insurance Insurance

FieldValueIRS element (for citing)
Total76202Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotal
SHOW PRODUCTION EXPENSE435450
SYNDICATION EXPENSE81137
BAD DEBT EXPENSES74682
DUES AND SUBSCRIPTIONS25642

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total-151257Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total5155931Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY165355BOY
EOY275824EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY87670BOY
EOY87670EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY949333BOY
EOY369976EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY434782BOY
EOY174322EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis348203LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec294113LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY71144BOY
EOY54090EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY643072BOY
EOY360480EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY2351356BOY
EOY1322362EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY862944BOY
EOY266181EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY1037481BOY
EOY780332EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY865341BOY
EOY829186EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY34250BOY
EOY94481EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY2800016BOY
EOY1970180EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-448660BOY
EOY-647818EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-448660BOY
EOY-647818EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2351356BOY
EOY1322362EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-140347ReconcilationRevenueExpenses
Reconcilation Prior Adjustment-58811ReconcilationPriorAdjustment
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement ConsolidatedXFinancialStatementConsolidated
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nondeduct0SubstantiallyAllDuesNondeduct
Only In House Lobbying1OnlyInHouseLobbying
Agree To Carryover Prior Year0AgreeToCarryoverPriorYear

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis348203OtherCostOrOtherBasis
Depreciation294113Depreciation
Book Value54090BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings54090TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionINTERCOMPANY RECEIVABLEDescription
Book Value360480BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets360480TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
CAPITAL LEASE OBLIGATIONS$26,068
DEFERRED RENT$68,413
FieldValueIRS element (for citing)
Total Of Amounts94481TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt5817769TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities147157DonatedSrvcAndUseOfFacilities
Other Revenues655028OtherRevenues
Revenue Not Rptd F990802185RevenueNotRptdF990
Revenue Subtotal5015584RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9905015584TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt6046978TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities147157DonatedServicesUseOfFacilities
Other Expenses Included743890OtherExpensesIncluded
Expenses Not Rptd F990891047ExpensesNotRptdF990
Expenses Subtotal5155931ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9905155931TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X, LINE 2:USHCC IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (THE CODE). INCOME FROM UNRELATED BUSINESS ACTIVITIES IS TAXABLE TO USHCC. THE FOR-PROFIT AFFILIATES HAVE ONE MEMBER, AND CONSEQUENTLY, THEIR ACTIVITIES ARE REPORTED FOR INCOME TAX PURPOSES UNDER USHCCS FEDERAL RETURN. DURING 2012, USHCC HAD UNRELATED BUSINESS INCOME, BUT THERE WAS NO FEDERAL OR STATE INCOME TAX SINCE THE NET RESULT AFTER DEDUCTING ASSOCIATED EXPENSES IN EACH OF THESE YEARS WAS A LOSS. USHCC FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, USHCC MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. USHCC HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE AS OF DECEMBER 31, 2012. GENERALLY, USHCC IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX POSITIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RELATED ENTITY ACTIVITIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS 655,028.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ENTITY ACTIVITIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS 743,890.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonJAVIER PALOMAREZNamePerson
TitlePRESIDENT & CEOTitle
Base Compensation Filing Org408239BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org1730DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org15180NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org425149TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReferenceExplanationExplanation
PART I, LINE 5THE BONUS OF THE PRESIDENT IS PARTIALLY CONTINGENT UPON THE FINANCIAL RESULTS OF THE ORGANIZATION.
PART I, LINE 6THE BONUS OF THE PRESIDENT IS PARTIALLY CONTINGENT UPON THE FINANCIAL RESULTS OF THE ORGANIZATION.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 6USHCC MEMBERS INCLUDE DUES PAYING LOCAL CHAMBER OF COMMERCE, PROFESSIONAL TRADE ASSOCIATION OR BUSINESS NETWORK.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS REVIEWED BY THE BOARD'S AUDIT AND FINANCE COMMITTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL OF THE EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN THESE POLICIES. THEY ARE REQUIRED TO REVIEW AND REPORT ANY CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15SALARY LEVELS OF OTHER SIMILAR ORGANIZATIONS ARE SURVEYED. THERE WAS A REPORT WRITTEN, WHICH INCLUDES COMPENSATION STUDIES AND DISCUSSION WERE DOCUMENTED IN BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GEVENT PLANNER: TOTAL EXPENSES 238,750. EXECUTIVE ASSISTANT: TOTAL EXPENSES 66,638. FEDERAL PROCUREMENT CONSULT: TOTAL EXPENSES 29,000. LEGISLATIVE CONSULTANT: TOTAL EXPENSES 120,638. MARKETING CONSULTANT: TOTAL EXPENSES 106,876. OFFICE MANAGEMENT: TOTAL EXPENSES 24,533. SALES COMMISSIONS: TOTAL EXPENSES 20,176. TECHNOLOGY CONSULTANT: TOTAL EXPENSES 36,605. PROJECT CONSULTANT : TOTAL EXPENSES 27,540. RECEPTIONIST: TOTAL EXPENSES 8,604.OTHER FEES

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateTotal IncomeTotalIncomeEOY AssetsEOYAssetsBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
USHCC ACCESS TO CAPITAL LLC
1424 K STREET NW STE 401WASHINGTONDC20005800012832FINANCIAL INVESTMENTSDC0130UNITED STATES HISPANIC CHAMBERS OF COMMERCE
USHCC MEDIA VENTURES LLC
1424 K STREET NW STE 401WASHINGTONDC20005460464170MEDIADC04145UNITED STATES HISPANIC CHAMBERS OF COMMERCE

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrgAddress Line1AddressForeign/AddressLine1CityAddressForeign/CityCountryAddressForeign/CountryPostal CodeAddressForeign/PostalCodeLegal Domicile Foreign CountryLegalDomicileForeignCountry
UNITED STATES HISPANIC CHAMBER OF COMMERCE FOUNDATION
1424 K STREET NW SUITE 401WASHINGTONDC20005521754629BUSINESS EDUCATIONDC501(C)(3)LINE 8UNITED STATES HISPANIC CHAMBER OF COMMERCE0
UNITED STATES HISPANIC CHAMBER OF COMMERCE BUSINESS DEVELOPMENT
1424 K STREET NW SUITE 401WASHINGTONDC20005262713435BUSINESS AND TRAINING DEVELOPMENTDE501(C)(3)LINE 8UNITED STATES HISPANIC CHAMBER OF COMMERCE0
ASOCIACION CIVIL DE UNITED STATES CHAMBERS OF COMMERCE
TO FOSTER AND PROMOTE THE MISSION OF USHCC IN MEXICOUNITED STATES HISPANIC CHAMBER OF COMMERCE01424 K STREET NW SUITE 401WASHINGTONMX20005MX

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1USHCC ENTERPRISES INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11424 K STREET NW SUITE 401AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode
FieldValueIRS element (for citing)
EIN260880092EIN
Primary ActivityADVISORY SERVICEPrimaryActivity
Legal Domicile StateCALegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OF COMMERCEBusinessNameLine1
FieldValueIRS element (for citing)
Type Of EntityCTypeOfEntity
Share Of Total Income171ShareOfTotalIncome
Share Of EOY Assets498ShareOfEOYAssets
Percentage Ownership1.00000PercentageOwnership
Controlled Org0ControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES HISPANIC CHAMBER OF COMMERCE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeQTransactionType
Amount Involved360480AmountInvolved
Method Of Amt DeterminationCOSTMethodOfAmtDetermination

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