Greater Riverside Hispanic Chamber Of Commerce is located in Riverside, CA. The organization was established in 1987. 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. Greater Riverside 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 12/2020, Greater Riverside Hispanic Chamber Of Commerce generated $44.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $53.1k during the year ending 12/2020. While expenses have increased by 14.3% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE CHAMBER PROVIDES A FORUM FOR HISPANIC BUSINESESS TO COME TOGETHER AND EXCHANGE IDEAS REGARDING THEIR BUSINESS, EDUCATIONAL AND COMMUNITY INTERESTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Arellano Vice Chair | 0 | $0 | |
Bryan Owens Sahagun Treasurer | 0 | $0 | |
Carmen Lainez Chair | 0 | $0 | |
Jeremy Leyva Treasurer | 0 | $0 | |
Sal Ayala Co-Chair | 0 | $0 | |
Liza Sosa Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,665 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,732 |
| Other Revenue | $0 |
| Total Revenue | $44,417 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,172 |
| Professional fees and other payments to independent contractors | $9,600 |
| Occupancy, rent, utilities, and maintenance | $824 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,462 |
| Total expenses | $53,058 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,244 |
| Other assets | $0 |
| Total assets | $36,951 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,951 |