Colombian American Bar Association Inc, operating under the name Colbar, is located in Miami, FL. Colbar 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 12/2021, Colbar generated $32.0k in total revenue. All expenses for the organization totaled $22.2k during the year ending 12/2021. While expenses have increased by 185.4% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVE AS THE NATIONAL VOICE FOR THE CONCERNS AND OPINIONS OF NOT ONLY THE COLOMBIAN-AMERICAN COMMUNITY BUT THE SOUTH FLORIDA COMMUNITY. CONDUCT CONVENTIONS AND SEMINARS TO PROVIDE CONTINUING LEGAL EDUCATION TO LAWYERS AND ENCOURAGE THE EXCHANGE OF IDEAS AND INFORMATION AMONG ITS MEMBERS. WORK WITH OTHER LAWYER'S ASSOCIATIONS, GOVERNMENT AGENCIES, AND COMMUNITY GROUPS TO ACHIEVE GREATER PARTICIPATION AND UNDERSTANDING OF THE AMERICAN LEGAL SYSTEM BY COLOMBO-AMERICAN AND ALSO THE SOUTH FLORIDA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORKING EVENTS FOR THE MEMBERSHIP; CONTINUING LEGAL EDUCATION FOR THE MEMBERS; COMMUNITY OUTREACH
PROMOTE THE COMMON BUSINESS INTEREST OF THE MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frederick Woodbridge Jr Secretary | Officer | $0 | |
Alexander Lian President | Officer | $0 | |
Maria Del Pilar Rubio Treasurer As | Officer | $0 | |
Adriana Santiesteban Vice Preside | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,275 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,470 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,745 |
Total Program Service Revenue | $27,280 |
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 | $32,025 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $3,824 |
Total functional expenses | $22,200 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,603 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $11,603 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $11,603 |
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 | $11,603 |