Latino Chamber Development Corporation Inc
- Assets
- $110.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pueblo, CO
- Founding
- 07/1997
- Data as of
- 12/2020
- EIN
- 84-1376287
Organization Overview
Latino Chamber Development Corporation Inc is located in Pueblo, CO. The organization was established in 1997. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Chamber Development Corporation Inc 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 12/2020, Latino Chamber Development Corporation Inc generated $7.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $4.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
CHARITY AND EDUCATION PRIMARILY FOR PROMOTION OF YOUTHEDUCATIONAL OPPORUNITIES IN BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Flores Chair | 2 | $0 | |
Dave Abeyta Vice Chair | 2 | $0 | |
Steven Trujillo Member | 2 | $0 | |
Al Gurule Treasurer | 2 | $0 | |
Sandy Gutierrez Secretary | 2 | $0 | |
Ray Romero Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $0 |
| Investment income | $1,368 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$744 |
| Other Revenue | $0 |
| Total Revenue | $7,624 |
| 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 | $4,876 |
| Total expenses | $4,876 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,146 |
| Other assets | $0 |
| Total assets | $110,260 |
| Total liabilities | $57,886 |
| Net assets or fund balances | $52,374 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Latino Chamber Development Corporation Inc has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 FIESTA DAY AT THE COLORADO STATE FAIR | $5,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 FIESTA DAY PAGEANT | $5,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: LATINO VETERANS PROFILES IN COURAGE AWARDS | $2,500 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 40 UNDER 40 EMERGING LEADERS EVENT | $2,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 LATINO VETERANS IN COURAGE AWARDS CEREMONY | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Women And Information Technology Boulder, CO | $16,602,508 | $6,944,412 |
Tucson Youth Development Inc Tucson, AZ | $5,641,568 | $6,561,582 |
Young Americans Education Foundation Denver, CO | $20,202,767 | $3,597,019 |
Spy Hop Productions Inc Salt Lake City, UT | $15,765,007 | $3,010,867 |
Junior Achievement Of Lincoln Inc Lincoln, NE | $347,207 | $674,807 |
Kiddie Hawk Air Academy Littleton, CO | $1,126,122 | $694,248 |
Cybertruck Challenge Fort Collins, CO | $127,995 | $0 |
Sherman Entrepreneurship Foundation Cherry Hills Village, CO | $120,811 | $0 |
Development Of Altering Futures Inc Queen Creek, AZ | $2,198 | $0 |
Nmotion Inc Lincoln, NE | $87,307 | $10,097 |
Sandy Area Chamber Young Entrepreneurs Academy Sandy, UT | $27,886 | $0 |
Entrepreneur Nation Inc Colorado Springs, CO | $6,110 | $0 |