Georgia Hispanic Construction Association Inc
- Assets
- $142.1k
- Revenue
- $443.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 03/2014
- Data as of
- 12/2022
- EIN
- 45-4223271
Organization Overview
Georgia Hispanic Construction Association Inc is located in Atlanta, GA. The organization was established in 2014. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Georgia Hispanic Construction Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Hispanic Construction Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Georgia Hispanic Construction Association Inc generated $443.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $434.7k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GEORGIA HISPANIC CONSTRUCTION ASSOCIATIONS MISSION IS TO DEVELOP AND PROMOTE THE HISPANIC CONSTRUCTION INDUSTRY IN GEORGIA. THE NON-PROFIT STRIVES TO BE THE LEADING ORGANIZATION THAT EMPOWERS HISPANIC ACHIEVEMENT THROUGH EDUCATION AND TRAINING, BUSINESS DEVELOPMENT AND RELATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022 CONSTRUCTION APPRECIATION DINNER. THE ASSOCIATION HELD THE CONSTRUCTION APPRECIATION DINNER ON DECEMBER 2022 IN ATLANTA GA, WHERE MORE THAN INDIVIDUALS AND MEMBERS ATTENDED. THE ASSOCIATION RECONIZED AND AWARDED COMPANIES HELPING THE HISPANIC CONSTRUCTION COMMUNITY GROW. IT RECOGNIZES INDIVIDUAL COMPANIES FOR THEIR ACHIEVEMENTS.
GOLF TOURNAMENT - IN 2022, THE GHCA CELEBRATED ITS 11TH ANNIVERSARY BY HAVING A HIGH-QUALITY AND SUPER FUN GOLF TOURNAMENT AT BEARS BEST ATLANTA. IN THIS EVENT SMALL CONTRACTORS HAD THE OPPORTUNITY TO PROMOTE THEIR BUSINESS, NETWORK, AND HAD PLENTY OF FUN IN A BEAUTIFUL ROUND OF GOLF AT BEARS BEST ATLANTA. SUBCONTRACTORS GOT TO NETWORK WITH GENERAL CONTRACTORS AND OTHER MEMBERS OF THE ASSOCIATION. THE GOLF TOURNAMENT IS GEARED TO CREATE THE CONNECTIONS BETWEEN CONTRACTORS AND SUBCONTRACTORS.
GHCA BRICK BY BRICK MAGAZINE - THE ORGANIZATION PRINTED 2 BRICK BY BRICK EDITIONS IN 2022. THE MAGAZINE SERVES TO INFORM ALL MEMBERS ABOUT SOME OF THE LATINO CONTRUCTION COMPANIES IN GEORGIA AND WHAT ARE THEY DOING IN THEIR BUSINESSES TO IMPROVE. ALL COMPANIES IN THE MAGAZINE EDDITIONS ARE MEMBERS OF THE GEORGIA HISPANIC CONSTRUCTION ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valentina Arango Board Member | Trustee | 1 | $0 |
Kevin Lares Chair Of The Board | Trustee | 1 | $0 |
Jefferson Dominguez Board Member | Trustee | 1 | $0 |
David Berdugo Board Member - Treasurer | Trustee | 1 | $0 |
Javier Gonzalez Board Member | Trustee | 1 | $0 |
Janyra Perez Board Member - Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,550 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,400 |
| Total Program Service Revenue | $250,449 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $443,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,614 |
| Compensation of current officers, directors, key employees. | $66,614 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,904 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,498 |
| Payroll taxes | $10,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,230 |
| Advertising and promotion | $20,274 |
| Office expenses | $3,545 |
| Information technology | $9,339 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,563 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,443 |
| All other expenses | $20,769 |
| Total functional expenses | $434,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,048 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,098 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $142,146 |
| Accounts payable and accrued expenses | $13,169 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $40,512 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $53,681 |
| Net assets without donor restrictions | $88,465 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $142,146 |