Hobbs Hispano Chamber Of Commercefoundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hobbs, NM
- Founding
- 05/2008
- Data as of
- 12/2023
- EIN
- 26-0812769
Organization Overview
Hobbs Hispano Chamber Of Commercefoundation is located in Hobbs, NM. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hobbs Hispano Chamber Of Commercefoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hobbs Hispano Chamber Of Commercefoundation generated $19.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $24.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL SENIORS, IN THE HOBBS COMMUNITY, WHO WISH TO ATTEND A COLLEGE OR UNIVERSITY AND SPONSOR OTHER INFORMATIONAL EVENTS OPEN TO THE PUBLIC WHICH FOCUS ON EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oscar Gonzalez President | 2 | $0 | |
Rose Scott Vice-President | 2 | $0 | |
Lariza Benitez-Almazan Secretary | 2 | $0 | |
Daniel Castillo Treasurer | 2 | $0 | |
Adalberto Caballero Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,807 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,807 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,647 |
| Total expenses | $24,647 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | -$4,840 |