Civic Intelligence

Spanish American Merchants Association Inc

990 • Fiscal year 2015 • EIN 06-1390672

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

95 Park StreetHartford, CT 06106

(860) 278-5825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.98x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

64th percentile

0.23x

Higher debt load relative to revenue than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

28th percentile

-4.5%

Higher net margin than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

84th percentile

$149,793

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

21st percentile

-5.5%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

60%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$493,155

Down $28,812 (-5.5%) from 2014

Net Assets

Down

$11,191

Down $12,664 (-53%) from 2014

Liabilities

Down

$481,964

Down $16,148 (-3.2%) from 2014

Revenue

Up

$2,119,311

Up $794,677 (+60%) from 2014

Expenses

Up

$2,214,872

Up $605,371 (+38%) from 2014

Net Income

Up

-$95,561

Up $189,306 (+66%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2010: $349,760Liabilities 2010: $336,409Net Assets 2010: $13,3512010Assets 2011: $671,957Liabilities 2011: $456,383Net Assets 2011: $215,5742011Assets 2012: $897,983Liabilities 2012: $400,572Net Assets 2012: $497,4112012Assets 2013: $697,127Liabilities 2013: $388,405Net Assets 2013: $308,7222013Assets 2014: $521,967Liabilities 2014: $498,112Net Assets 2014: $23,8552014Assets 2015: $493,155Liabilities 2015: $481,964Net Assets 2015: $11,1912015Assets 2016: $1,427,145Liabilities 2016: $1,490,284Net Assets 2016: -$63,1392016Assets 2017: $467,507Liabilities 2017: $460,361Net Assets 2017: $7,1462017Assets 2018: $353,083Liabilities 2018: $375,710Net Assets 2018: -$22,6272018Assets 2019: $426,212Liabilities 2019: $497,041Net Assets 2019: -$70,8292019Assets 2020: $437,864Liabilities 2020: $398,536Net Assets 2020: $39,3282020Assets 2021: $451,306Liabilities 2021: $328,314Net Assets 2021: $122,9922021Assets 2022: $423,643Liabilities 2022: $308,905Net Assets 2022: $114,7382022Assets 2023: $584,625Liabilities 2023: $200,229Net Assets 2023: $384,3962023Assets 2024: $564,892Liabilities 2024: $193,042Net Assets 2024: $371,8502024

Highlighted filing

2015

Assets$493,155
Liabilities$481,964
Net Assets$11,191

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,121,167Expenses 2010: $1,177,309Net Income 2010: -$56,1422010Revenue 2011: $1,436,238Expenses 2011: $1,234,015Net Income 2011: $202,2232011Revenue 2012: $1,767,203Expenses 2012: $1,485,366Net Income 2012: $281,8372012Revenue 2013: $1,507,705Expenses 2013: $1,696,394Net Income 2013: -$188,6892013Revenue 2014: $1,324,634Expenses 2014: $1,609,501Net Income 2014: -$284,8672014Revenue 2015: $2,119,311Expenses 2015: $2,214,872Net Income 2015: -$95,5612015Revenue 2016: $2,020,640Expenses 2016: $2,094,970Net Income 2016: -$74,3302016Revenue 2017: $2,686,234Expenses 2017: $2,615,949Net Income 2017: $70,2852017Revenue 2018: $880,317Expenses 2018: $878,090Net Income 2018: $2,2272018Revenue 2019: $1,019,209Expenses 2019: $1,087,348Net Income 2019: -$68,1392019Revenue 2020: $1,197,757Expenses 2020: $1,083,160Net Income 2020: $114,5972020Revenue 2021: $1,233,935Expenses 2021: $1,145,831Net Income 2021: $88,1042021Revenue 2022: $1,185,908Expenses 2022: $1,194,162Net Income 2022: -$8,2542022Revenue 2023: $1,442,731Expenses 2023: $1,173,073Net Income 2023: $269,6582023Revenue 2024: $1,409,028Expenses 2024: $1,421,574Net Income 2024: -$12,5462024

Highlighted filing

2015

Revenue$2,119,311
Expenses$2,214,872
Net Income-$95,561
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$2,191,688
Mission and Program Overview

Mission

Sama is a non-profit organization incorporated in the state of connecticut to serve as a vehicle for the economic growth of businesses. Sama was created to assist business people, in particular, latinos to acquire a better understanding of the economic principals. Technical assistance is provided to promote business expansion, job creation and new entrepreneurship.

Sama is a non-profit organization incorporated in the state of connecticut to serve as a vehicle for the economic growth of businesses. Sama was created to assist business people, in particular, latinos, to acquire a better understanding of business principals. Technical assistance is provided to promote business expansion, job creation and new entepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$361,389$344,928▼ $16,461
Accounts Receivable$161,322$111,717▼ $49,605
Cash and Non-Interest-Bearing Accounts$15,570$1,210▼ $14,360
Total Assets$573,581$493,155▼ $80,426
Other Assets Total$35,300$35,300→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$289,629$276,237▼ $13,392
Accounts Payable and Accrued Expenses$177,200$205,727▲ $28,527
Total Liabilities$466,829$481,964▲ $15,135
Net Assets / Fund Balance
Unrestricted Net Assets$106,752$11,191▼ $95,561
Total Net Assets Fund Balance$106,752$11,191▼ $95,561
Total Liabilities and Net Assets / Fund Balance$573,581$493,155▼ $80,426

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$336,204$42,194$378,398
Equipment$8,724$205,545$214,269
Other Assets Org$3,300--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julio MendozaExecutive DiFT$149,793$149,793

Board Members and Trustees

NameTitle
Angel SierraPresident
Carlos AlvarezDirector
Dana ReavesDirector
Francisco LantiguaDirector
Mario RussoDirector
Norma Rodriguez- RevesDirector
Stanly GuttDirector
Sydney SchulmanDirector/leg
Bobby ClarkSecretary
Reina LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,117,046
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,265
All Other Contributions
$291,489
Change in Net Assets
$-95,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,275,475
Salaries, Compensation, and Employee Benefits$939,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$586,735--$586,735
Current Officers, Directors, Trustees, and Key Employees$99,852$49,941-$149,793
Other Employee Benefits$132,237$9,757-$141,994
All Other Expenses$60,159$30,562-$90,721
Occupancy$82,421--$82,421
Payroll Taxes$57,206$3,669-$60,875
Travel$33,040--$33,040
Insurance$28,092--$28,092
Other Expenses$27,102--$27,102
Interest-$22,227-$22,227
Advertising$19,924--$19,924
Depreciation Depletion-$16,460-$16,460
Fees for Services Accounting-$15,000-$15,000
Fees for Services Legal$8,883--$8,883
Office Expenses$2,540$350-$2,890
Total Functional Expenses$2,066,906$147,966$0$2,214,872
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,442
Fundraising Direct Expenses$9,658
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$22,442$22,442$5,486$16,956
Total Events$22,442$22,442$9,658$12,784
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Classes of members of stockholders. The organization has members

Form 990, Page 6, Part VI, Line 11B

Organization's process to review form 990 management and the board of directors review the form 990 for completeness before the return is filed.

Form 990, Page 6, Part VI, Line 12C

All of the directors and officers of the organizations must disclose any potential conflict between his or her own individual interest, any family members, or any related party and the interest of the organization. Full disclosure of all facts pertaining to such potential conflicts shall be made of the board of directors. A review by the board of directors will determine whether or not an actual conflict exists or could potentially occur.

Form 990, Page 6, Part VI, Line 15A

Performance of the executive direvtor and/or any compensation are provided by the president of the oranization and the executive committee.

Form 990, Page 6, Part VI, Line 15B

N/A

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the general public by request in the form od hard copies kept in the office. These forms can be reviewed during normakl business hours.

Filing and Contact Details

Filer

Filer Name
Spanish American Merchants
EIN
06-1390672
Address
95 PARK STREET, HARTFORD, CT 06106

Signing Officer

Name
Angel Sierra
Title
President
Signed
2016-11-15

Organization Details

Principal Officer
Angel Sierra
Voting Board Members
10
Independent Board Members
10
Employees
14

Preparer

Firm
Bennett & Company Pc
Address
34 JEROME AVE STE 312, BLOOMFIELD, CT 06002-2463
Preparer
Roger S Bennett
Phone
8602433333
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Sama is a non-profit organization incorporated in the state of connecticut to serve as a vehicle for the economic growth of businesses. Sama was created to assist business people, in particular, latinos to acquire a better understanding of the economic principals. Technical assistance is provided to promote business expansion, job creation and new entrepreneurship.

Form 990

This form 990 has been filed on a best efforts basis for compliance purpose certain minor balance discrepancies are being evaluated for possible amendment.

Raw XML AppendixShowing 400 of 409 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0177200
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0205727
IRS990/AccountsReceivableGrp/BOYAmt0161322
IRS990/AccountsReceivableGrp/EOYAmt0111717
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SAMA IS A NON-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF CONNECTICUT TO SERVE AS A VEHICLE FOR THE ECONOMIC GROWTH OF BUSINESSES. SAMA WAS CREATED TO ASSIST BUSINESS PEOPLE, IN PARTICULAR, LATINOS, TO ACQUIRE A BETTER UNDERSTANDING OF BUSINESS PRINCIPALS. TECHNICAL ASSISTANCE IS PROVIDED TO PROMOTE BUSINESS EXPANSION, JOB CREATION AND NEW ENTEPRENEURSHIP.
IRS990/AdvertisingGrp/ProgramServicesAmt019924
IRS990/AdvertisingGrp/TotalAmt019924
IRS990/AllOtherContributionsAmt0291489
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt030562
IRS990/AllOtherExpensesGrp/ProgramServicesAmt060159
IRS990/AllOtherExpensesGrp/TotalAmt090721
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JULIO MENDOZA
IRS990/BooksInCareOfDetail/PhoneNum08602785825
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt095 PARK STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0HARTFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006106
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt015570
IRS990/CashNonInterestBearingGrp/EOYAmt01210
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt049941
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt099852
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0149793
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02117046
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01275475
IRS990/CYOtherRevenueAmt02265
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-95561
IRS990/CYSalariesCompEmpBnftPaidAmt0939397
IRS990/CYTotalExpensesAmt02214872
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02119311
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016460
IRS990/DepreciationDepletionGrp/TotalAmt016460
IRS990/Desc0TECHNICAL ASSISTANCE PROGRAM WAS DESIGNED TO ASSIST THE SMALL BUSINESS OWNERS AND ENTREPRENEURS IN A VARIETY OF AREAS FROM FILLING OUT AN APPLICATION TO PREPARING A PROFESSIONAL BUSINESS PLAN. MANY OF THE SMALL BUSINESS OWNERS DO NOT HAVE THE KNOWLEDGE OF CITY, STATE AND FEDERAL GUIDELINES FOR BUSINESS OWNERSHIP. THROUGH THE TECHNICAL ASSISTANCE PROGRAM, THEY ARE ABLE TO UNDERSTAND AND APPLY THOSE PRINCIPALS. THE ORGANIZATION ALSO PROVIDES COMPUTER TRAINING TO ENHANCE THE KNOWLEDGE OF ITS MERCHANTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02066906
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015000
IRS990/FeesForServicesAccountingGrp/TotalAmt015000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08883
IRS990/FeesForServicesLegalGrp/TotalAmt08883
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0ANGEL SIERRA
IRS990/Form990PartVIISectionAGrp/PersonNm1BOBBY CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm2REINA LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3SYDNEY SCHULMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4NORMA RODRIGUEZ- REVES
IRS990/Form990PartVIISectionAGrp/PersonNm5CARLOS ALVAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm6DANA REAVES
IRS990/Form990PartVIISectionAGrp/PersonNm7STANLY GUTT
IRS990/Form990PartVIISectionAGrp/PersonNm8FRANCISCO LANTIGUA
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIO RUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm10JULIO MENDOZA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10149793
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/LEG
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt09658
IRS990/FundraisingGrossIncomeAmt022442
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt01820242
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02191688
IRS990/GrossRentsGrp/RealAmt052200
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028092
IRS990/InsuranceGrp/TotalAmt028092
IRS990/InterestGrp/ManagementAndGeneralAmt022227
IRS990/InterestGrp/TotalAmt022227
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0247739
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0361389
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0344928
IRS990/LandBldgEquipCostOrOtherBssAmt0592667
IRS990/LessRentalExpensesGrp/RealAmt062719
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt05315
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SAMA IS A NON-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF CONNECTICUT TO SERVE AS A VEHICLE FOR THE ECONOMIC GROWTH OF BUSINESSES. SAMA WAS CREATED TO ASSIST BUSINESS PEOPLE, IN PARTICULAR, LATINOS TO ACQUIRE A BETTER UNDERSTANDING OF THE ECONOMIC PRINCIPALS. TECHNICAL ASSISTANCE IS PROVIDED TO PROMOTE BUSINESS EXPANSION, JOB CREATION AND NEW ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0289629
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0276237
IRS990/NetAssetsOrFundBalancesBOYAmt0106752
IRS990/NetAssetsOrFundBalancesEOYAmt011191
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012784
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-10519
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-10519
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt082421
IRS990/OccupancyGrp/TotalAmt082421
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0350
IRS990/OfficeExpensesGrp/ProgramServicesAmt02540
IRS990/OfficeExpensesGrp/TotalAmt02890
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt035300
IRS990/OtherAssetsTotalGrp/EOYAmt035300
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09757
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0132237
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0141994
IRS990/OtherExpensesGrp/Desc0PROJECT EXPENDITURE
IRS990/OtherExpensesGrp/Desc1PROJECT MANAGER
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE
IRS990/OtherExpensesGrp/ProgramServicesAmt0813466
IRS990/OtherExpensesGrp/ProgramServicesAmt183137
IRS990/OtherExpensesGrp/ProgramServicesAmt232112
IRS990/OtherExpensesGrp/ProgramServicesAmt327102
IRS990/OtherExpensesGrp/TotalAmt0813466
IRS990/OtherExpensesGrp/TotalAmt183137
IRS990/OtherExpensesGrp/TotalAmt232112
IRS990/OtherExpensesGrp/TotalAmt327102
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0586735
IRS990/OtherSalariesAndWagesGrp/TotalAmt0586735
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03669
IRS990/PayrollTaxesGrp/ProgramServicesAmt057206
IRS990/PayrollTaxesGrp/TotalAmt060875
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANGEL SIERRA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01400931
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0566644
IRS990/PYOtherRevenueAmt0-32746
IRS990/PYRevenuesLessExpensesAmt0-229031
IRS990/PYSalariesCompEmpBnftPaidAmt01030572
IRS990/PYTotalExpensesAmt01597216
IRS990/PYTotalRevenueAmt01368185
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-95561
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-10519
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02117046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01357380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01519357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01728961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0964686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07687430
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt074642
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt07687430
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02117046
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01357380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01519357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01728961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0964686
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07687430
IRS990ScheduleA/TotalSupportAmt07687430
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt08724
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0205545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0214269
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0336204
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042194
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0378398
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt032000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13300
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0344928
IRS990ScheduleD/TotalBookValueOtherAssetsAmt035300
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09658
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0320
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0320
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022442
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022442
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022442
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022442
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012784
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05486
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05486
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03852
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03852
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SAMA IS A NON-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF CONNECTICUT TO SERVE AS A VEHICLE FOR THE ECONOMIC GROWTH OF BUSINESSES. SAMA WAS CREATED TO ASSIST BUSINESS PEOPLE, IN PARTICULAR, LATINOS TO ACQUIRE A BETTER UNDERSTANDING OF THE ECONOMIC PRINCIPALS. TECHNICAL ASSISTANCE IS PROVIDED TO PROMOTE BUSINESS EXPANSION, JOB CREATION AND NEW ENTREPRENEURSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS FORM 990 HAS BEEN FILED ON A BEST EFFORTS BASIS FOR COMPLIANCE PURPOSE CERTAIN MINOR BALANCE DISCREPANCIES ARE BEING EVALUATED FOR POSSIBLE AMENDMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CLASSES OF MEMBERS OF STOCKHOLDERS. THE ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION'S PROCESS TO REVIEW FORM 990 MANAGEMENT AND THE BOARD OF DIRECTORS REVIEW THE FORM 990 FOR COMPLETENESS BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL OF THE DIRECTORS AND OFFICERS OF THE ORGANIZATIONS MUST DISCLOSE ANY POTENTIAL CONFLICT BETWEEN HIS OR HER OWN INDIVIDUAL INTEREST, ANY FAMILY MEMBERS, OR ANY RELATED PARTY AND THE INTEREST OF THE ORGANIZATION. FULL DISCLOSURE OF ALL FACTS PERTAINING TO SUCH POTENTIAL CONFLICTS SHALL BE MADE OF THE BOARD OF DIRECTORS. A REVIEW BY THE BOARD OF DIRECTORS WILL DETERMINE WHETHER OR NOT AN ACTUAL CONFLICT EXISTS OR COULD POTENTIALLY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PERFORMANCE OF THE EXECUTIVE DIREVTOR AND/OR ANY COMPENSATION ARE PROVIDED BY THE PRESIDENT OF THE ORANIZATION AND THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC BY REQUEST IN THE FORM OD HARD COPIES KEPT IN THE OFFICE. THESE FORMS CAN BE REVIEWED DURING NORMAKL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0573581
IRS990/TotalAssetsEOYAmt0493155
IRS990/TotalAssetsGrp/BOYAmt0573581
IRS990/TotalAssetsGrp/EOYAmt0493155
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02117046
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0147966
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02066906
IRS990/TotalFunctionalExpensesGrp/TotalAmt02214872
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0466829
IRS990/TotalLiabilitiesEOYAmt0481964
IRS990/TotalLiabilitiesGrp/BOYAmt0466829
IRS990/TotalLiabilitiesGrp/EOYAmt0481964
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106752
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011191
IRS990/TotalProgramServiceExpensesAmt02066906
IRS990/TotalReportableCompFromOrgAmt0149793
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-10519
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02119311
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0573581
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0493155
IRS990/TravelGrp/ProgramServicesAmt033040
IRS990/TravelGrp/TotalAmt033040
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0106752
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011191
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGEL SIERRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPANISH AMERICAN MERCHANTS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAN
ReturnHeader/Filer/EIN0061390672
ReturnHeader/Filer/USAddress/AddressLine1Txt095 PARK STREET
ReturnHeader/Filer/USAddress/CityNm0HARTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006106
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810617206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BENNETT & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt034 JEROME AVE STE 312
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.56$0.19$0.37$1.41$1.42$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.20$0.38$1.44$1.17$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.31$0.11$1.19$1.19$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.33$0.12$1.23$1.15$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.40$0.04$1.20$1.08$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.43$0.50$0.07$1.02$1.09$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.38$0.02$0.88$0.88$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.46$0.01$2.69$2.62$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.43$1.49$0.06$2.02$2.09$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.48$0.01$2.12$2.21$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.50$0.02$1.32$1.61$0.28
2013Summary only. Only limited summary data is available for this year.$0.70$0.39$0.31$1.51$1.70$0.19
2012Summary only. Only limited summary data is available for this year.$0.90$0.40$0.50$1.77$1.49$0.28
2011Summary only. Only limited summary data is available for this year.$0.67$0.46$0.22$1.44$1.23$0.20
2010Summary only. Only limited summary data is available for this year.$0.35$0.34$0.01$1.12$1.18$0.06