South Central Idaho Hispanic Chamber Of Commerce
- Assets
- $62.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Twin Falls, ID
- Founding
- Data as of
- 12/2022
- EIN
- 84-4590653
Organization Overview
South Central Idaho Hispanic Chamber Of Commerce is located in Twin Falls, ID. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Central Idaho Hispanic Chamber Of Commerce 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, South Central Idaho Hispanic Chamber Of Commerce generated $152.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $121.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CURRENTLY HAS A TOTAL OF 43 MEMBERS, AND ARE PROMOTING 4 SIGNATURE EVENTS PER YEAR. IN DECEMBER OF 2021 THE ORGANIZATION WAS AWARDED A FEDERAL GRANT THROUGH THE IDAHO HISPANIC FOUNDATION FROM SBA TO PROVIDE SERVICES TO SOUTH CENTRAL IDAHO SMALL BUSINESSES. THIS WILL HELP TO CONNECT MEMBERS WITH AREA PROVIDERS WHO CAN OFFER LOCAL RESOURCES SUCH AS LOANS AND GRANTS, AND ASSIST WITH BUSINESS PLANNING, TAXES, ACCOUNTING ETC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Villasenor Vice President | 4 | $0 | |
Lyssa Chavez Director | 3 | $0 | |
Benjamin Reed Secretary | 4 | $0 | |
Alex Castaneda President | 4 | $0 | |
Alejandra Margarita Hernandez Director | 3 | $0 | |
Luis Valdez Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,140 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,275 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,415 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,683 |
| Professional fees and other payments to independent contractors | $1,296 |
| Occupancy, rent, utilities, and maintenance | $1,817 |
| Printing, publications, postage, and shipping | $1,089 |
| Other expenses | $63,602 |
| Total expenses | $121,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,330 |
| Other assets | $0 |
| Total assets | $62,722 |
| Total liabilities | $1,678 |
| Net assets or fund balances | $61,044 |
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