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Illinois Hispanic Chamber of Commerce Foundation

Illinois Hispanic Chamber of Commerce Foundation

Chicago, IL 60654
Tax ID35-2417992

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Amount

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About this organization

Revenue

$77,095

Expenses

$154,083

Mission

Develop and provide business, economic development and entrepreneurial educational programs to entrepreneurs

About

The Illinois Hispanic Chamber of Commerce and its foundation, together forming the Center for Hispanic Entrepreneurship, provide business economic development and entrepreneurial education programs that enhance business practices and increase the success of small business owners, with a focus on Hispanic entrepreneurs. The goal of these activities is to provide opportunities to historically marginalized and low and moderate income communities to create better economic outcomes through business ownership.

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “Develop and provide business, economic development and entrepreneurials educational programs to entrepreneurs”.

When referring to its responsibilities, they were outlined as: “Develop and provide business, economic development and entrepreneurials educational programs to entrepreneurs”.

  • The state in which the non-profit is legally registered to operate is IL, as per legal records.
  • The filing documents the non-profit's address in 2020 as 222 W MERCHANDISE MART PLAZA, CHICAGO, IL, 60654.
  • According to the non-profit's form, they have 0 employees on their payroll as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is -$76,988.
  • The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 4 independent voting members.
  • The organization was formed in 2011.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $111,617 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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