Civic Intelligence

Hispanic IT Executive Council

990 • Fiscal year 2022 • EIN 20-5975604

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2024

444 West Lake StreetChicago, IL 60606

(248) 952-0200

Siviq Scores

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

Liabilities / Assets

66th percentile

0.27x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.32x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

8th percentile

-20%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

80th percentile

$240,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-10%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,264,508

Up $303,369 (+15%) from 2021

Net Assets

Down

$1,648,271

Down $240,856 (-13%) from 2021

Liabilities

Up

$616,237

Up $544,225 (+756%) from 2021

Revenue

Down

$1,918,896

Down $220,767 (-10%) from 2021

Expenses

Up

$2,306,502

Up $706,206 (+44%) from 2021

Net Income

Down

-$387,606

Down $926,973 (-172%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $37,346Liabilities 2010: $332Net Assets 2010: $37,0142010Assets 2011: $36,447Liabilities 2011: $10,034Net Assets 2011: $26,4132011Assets 2012: $64,357Liabilities 2012: $25,068Net Assets 2012: $39,2892012Assets 2013: $82,080Liabilities 2013: $30,000Net Assets 2013: $52,0802013Assets 2014: $39,191Liabilities 2014: $90,959Net Assets 2014: -$51,7682014Assets 2015: $140,897Liabilities 2015: $55,336Net Assets 2015: $85,5612015Assets 2016: $329,195Liabilities 2016: $8,917Net Assets 2016: $320,2782016Assets 2017: $846,147Liabilities 2017: $16,925Net Assets 2017: $829,2222017Assets 2018: $1,163,270Liabilities 2018: $112,893Net Assets 2018: $1,050,3772018Assets 2019: $899,261Liabilities 2019: $35,969Net Assets 2019: $863,2922019Assets 2020: $1,398,288Liabilities 2020: $72,395Net Assets 2020: $1,325,8932020Assets 2021: $1,961,139Liabilities 2021: $72,012Net Assets 2021: $1,889,1272021Assets 2022: $2,264,508Liabilities 2022: $616,237Net Assets 2022: $1,648,2712022Assets 2023: $2,741,871Liabilities 2023: $413,479Net Assets 2023: $2,328,3922023Assets 2024: $2,389,291Liabilities 2024: $484,419Net Assets 2024: $1,904,8722024

Highlighted filing

2022

Assets$2,264,508
Liabilities$616,237
Net Assets$1,648,271

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $154,600Expenses 2010: $119,661Net Income 2010: $34,9392010Revenue 2011: $198,224Expenses 2011: $208,825Net Income 2011: -$10,6012011Expenses 2012: $194,6792012Revenue 2013: $398,480Expenses 2013: $385,689Net Income 2013: $12,7912013Revenue 2014: $546,252Expenses 2014: $650,100Net Income 2014: -$103,8482014Revenue 2015: $994,110Expenses 2015: $856,781Net Income 2015: $137,3292015Revenue 2016: $1,356,787Expenses 2016: $1,122,068Net Income 2016: $234,7192016Revenue 2017: $1,243,800Expenses 2017: $912,695Net Income 2017: $331,1052017Revenue 2018: $1,275,730Expenses 2018: $1,063,904Net Income 2018: $211,8262018Revenue 2019: $1,340,037Expenses 2019: $1,524,621Net Income 2019: -$184,5842019Revenue 2020: $1,994,500Expenses 2020: $1,531,899Net Income 2020: $462,6012020Revenue 2021: $2,139,663Expenses 2021: $1,600,296Net Income 2021: $539,3672021Revenue 2022: $1,918,896Expenses 2022: $2,306,502Net Income 2022: -$387,6062022Revenue 2023: $3,346,046Expenses 2023: $2,678,036Net Income 2023: $668,0102023Revenue 2024: $2,344,428Expenses 2024: $2,801,485Net Income 2024: -$457,0572024

Highlighted filing

2022

Revenue$1,918,896
Expenses$2,306,502
Net Income-$387,606
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2024
Return Version
2022v5.0
Gross Receipts
$1,918,896
Mission and Program Overview

Mission

To promote hispanic it leadership in the technology industry. Hitec will provide these current and future leaders with a solid skill set through professional development and networking opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,085,139$1,125,276▲ $40,137
Pledges and Grants Receivable$723,150$1,001,055▲ $277,905
Investments in Publicly Traded Securities$125,000$102,333▼ $22,667
Other Notes and Loans Receivable, Net$12,895$22,895▲ $10,000
Land, Buildings, and Equipment, Net$3,543$12,949▲ $9,406
Prepaid Expenses and Deferred Charges$11,412--
Total Assets$1,961,139$2,264,508▲ $303,369
Other Assets Total$0--
Liabilities
Deferred Revenue$0$487,500▲ $487,500
Accounts Payable and Accrued Expenses$72,012$113,737▲ $41,725
Unsecured Notes Loans Payable-$15,000-
Total Liabilities$72,012$616,237▲ $544,225
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,889,127$1,648,271▼ $240,856
Total Net Assets Fund Balance$1,889,127$1,648,271▼ $240,856
Total Liabilities and Net Assets / Fund Balance$1,961,139$2,264,508▲ $303,369

Asset Categories

AssetBook ValueDepreciationBasis
Land$0--
Equipment$12,949$3,371-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Omar DuquePresidentFT$240,000$240,000
Omar Duque--$240,000$240,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,555,333
Program Service Revenue
$363,681
Investment Income
$-118
Other Revenue
$0
Change in Net Assets
$-387,606

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$169,300Fair Value
Total Noncash Contributions$169,300-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,889,334
Total Fundraising Expense$770,174
Professional Fundraising Fees$377,168
Grants and Similar Amounts Paid$40,000
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$487,368$21$50,044$537,433
Fees for Services Professional Fundraising--$377,168$377,168
Fees for Services Other$131,981$9$20,766$152,756
Travel$42,190$84,911$20,295$147,396
Information Technology$0$17,720$58,163$75,883
Fees for Services Accounting$0$61,734$0$61,734
Office Expenses$23,594$29,814$4,896$58,304
Advertising$47,265$3,380$119$50,764
Grants to Domestic Orgs$40,000--$40,000
Insurance$0$11,581$0$11,581
Other Expenses$102$1,395$70$1,567
Fees for Services Legal$222$1,136$0$1,358
All Other Expenses$10$818$6$834
Occupancy$0$538$0$538
Total Functional Expenses$998,342$537,986$770,174$2,306,502
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$377,168
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hispanic It Executive Council
EIN
20-5975604
Phone
2489520200
Address
444 WEST LAKE STREET, CHICAGO, IL 60606

Signing Officer

Name
Omar Duque
Title
President
Phone
2489520200
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Omar Duque
Formed
2006
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
15
Employees
8
Volunteers
0

Preparer

Firm
Lopez and Company Cpas Ltd
Address
2702 W CHICAGO AVE, CHICAGO, IL 60622
Preparer
Enrique Lopez
Phone
7736348335
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Governing documents disclosure explanation: available upon request

Pt VI, Line 19

Form 990 is reviewed by the president and board of directors

Pt VI, Line 15A

The board of directors meet to deliberate the ceo's compensation

Pt VIII

Amendment was to include noncash contributions on line 1g

Other

Amednment was to include noncash contributions and report on schedule m, pt i, line 25

Other

Amendment was to include noncash expenses on part ix, line 19

Raw XML AppendixShowing 400 of 519 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/BOYAmt072012
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0113737
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE HISPANIC IT LEADERSHIP IN THE TECHNOLOGY INDUSTRY. HITEC WILL PROVIDE THESE CURRENT AND FUTURE LEADERS WITH A SOLID SKILL SET THROUGH PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES.
IRS990/AdvertisingGrp/FundraisingAmt0119
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03380
IRS990/AdvertisingGrp/ProgramServicesAmt047265
IRS990/AdvertisingGrp/TotalAmt050764
IRS990/AllOtherExpensesGrp/FundraisingAmt06
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0818
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010
IRS990/AllOtherExpensesGrp/TotalAmt0834
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0OMAR DUQUE
IRS990/BooksInCareOfDetail/PhoneNum02489520200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0444 WEST LAKE STREET STE 1940
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01085139
IRS990/CashNonInterestBearingGrp/EOYAmt01125276
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt050044
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt021
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0487368
IRS990/ConferencesMeetingsGrp/TotalAmt0537433
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01555333
IRS990/CYGrantsAndSimilarPaidAmt040000
IRS990/CYInvestmentIncomeAmt0-118
IRS990/CYOtherExpensesAmt01889334
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0363681
IRS990/CYRevenuesLessExpensesAmt0-387606
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02306502
IRS990/CYTotalFundraisingExpenseAmt0770174
IRS990/CYTotalProfFndrsngExpnsAmt0377168
IRS990/CYTotalRevenueAmt01918896
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt0487500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0HITEC'S MISSION IS TO PROMOTE HISPANIC IT LEADERSHIP IN THE TECHNOLOGY INDUSTRY. HITEC WILL PROVIDE THESE CURRENT AND FUTURE LEADERS WITH A SOLID SKILL SET THROUGH PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. THERE ALSO WILL BE ACCESS TO EDUCATION AND EXECUTIVE TRAINING.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonatedServicesAndUseFcltsAmt0169300
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0998342
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt061734
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt061734
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01136
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0222
IRS990/FeesForServicesLegalGrp/TotalAmt01358
IRS990/FeesForServicesOtherGrp/FundraisingAmt020766
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt09
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0131981
IRS990/FeesForServicesOtherGrp/TotalAmt0152756
IRS990/FeesForServicesProfFundraising/FundraisingAmt0377168
IRS990/FeesForServicesProfFundraising/TotalAmt0377168
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.50
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0GUILLERMO DIAZ JR
IRS990/Form990PartVIISectionAGrp/PersonNm1ROSA RAMOS-KWOK
IRS990/Form990PartVIISectionAGrp/PersonNm2OMAR DUQUE
IRS990/Form990PartVIISectionAGrp/PersonNm3DARRELL HIGUEROS
IRS990/Form990PartVIISectionAGrp/PersonNm4MIRIAM HERNANDEZ-KAKOL
IRS990/Form990PartVIISectionAGrp/PersonNm5JONATHAN ECHEVERRIA
IRS990/Form990PartVIISectionAGrp/PersonNm6JESSE CORTEZ
IRS990/Form990PartVIISectionAGrp/PersonNm7NELLIE BORRERO
IRS990/Form990PartVIISectionAGrp/PersonNm8ALVARO CELIS
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIA LENSING
IRS990/Form990PartVIISectionAGrp/PersonNm10JUAN CARLOS GUTIERREZ
IRS990/Form990PartVIISectionAGrp/PersonNm11YAMILA HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm12ADRIANA TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm13MARCELO DESANTIS
IRS990/Form990PartVIISectionAGrp/PersonNm14LUCIA SOARES
IRS990/Form990PartVIISectionAGrp/PersonNm15JESUS MANTAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2240000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt040000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt040000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01918896
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt058163
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt017720
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt075883
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt011581
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt011581
IRS990/InvestmentIncomeGrp/ExclusionAmt0-118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-118
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0125000
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0102333
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03371
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03543
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012949
IRS990/LandBldgEquipCostOrOtherBssAmt016320
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01555333
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE HISPANIC IT LEADERSHIP IN THE TECHNOLOGY INDUSTRY. HITEC WILL PROVIDE THESE CURRENT AND FUTURE LEADERS WITH A SOLID SKILL SET THROUGH PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01889127
IRS990/NetAssetsOrFundBalancesEOYAmt01648271
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-22550
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01889127
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01648271
IRS990/NoncashContributionsAmt0169300
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0538
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt0538
IRS990/OfficeExpensesGrp/FundraisingAmt04896
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029814
IRS990/OfficeExpensesGrp/ProgramServicesAmt023594
IRS990/OfficeExpensesGrp/TotalAmt058304
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3GIFTS
IRS990/OtherExpensesGrp/FundraisingAmt0236886
IRS990/OtherExpensesGrp/FundraisingAmt11420
IRS990/OtherExpensesGrp/FundraisingAmt2341
IRS990/OtherExpensesGrp/FundraisingAmt370
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0289695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt128407
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26827
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31395
IRS990/OtherExpensesGrp/ProgramServicesAmt0223034
IRS990/OtherExpensesGrp/ProgramServicesAmt12077
IRS990/OtherExpensesGrp/ProgramServicesAmt2499
IRS990/OtherExpensesGrp/ProgramServicesAmt3102
IRS990/OtherExpensesGrp/TotalAmt0749615
IRS990/OtherExpensesGrp/TotalAmt131904
IRS990/OtherExpensesGrp/TotalAmt27667
IRS990/OtherExpensesGrp/TotalAmt31567
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt012895
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt022895
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0723150
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01001055
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011412
IRS990/PrincipalOfficerNm0OMAR DUQUE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0EMERGING EXECUTIVE PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1EXECUTIVE DEVELOPMENT PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2EVENTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0245000
IRS990/ProgramServiceRevenueGrp/ExclusionAmt160000
IRS990/ProgramServiceRevenueGrp/ExclusionAmt258681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0245000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt160000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt258681
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01756509
IRS990/PYOtherExpensesAmt01360279
IRS990/PYOtherRevenueAmt0393
IRS990/PYProgramServiceRevenueAmt0382761
IRS990/PYRevenuesLessExpensesAmt0539367
IRS990/PYTotalExpensesAmt01600296
IRS990/PYTotalProfFndrsngExpnsAmt0240017
IRS990/PYTotalRevenueAmt02139663
IRS990/ReconcilationRevenueExpnssAmt0-387606
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
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/BookValueAmt012949
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03371
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016320
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012949
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0240000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0OMAR DUQUE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0240000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0VENUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0169300
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT AND BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MEET TO DELIBERATE THE CEO'S COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AMENDMENT WAS TO INCLUDE NONCASH CONTRIBUTIONS ON LINE 1G
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AMEDNMENT WAS TO INCLUDE NONCASH CONTRIBUTIONS AND REPORT ON SCHEDULE M, PT I, LINE 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AMENDMENT WAS TO INCLUDE NONCASH EXPENSES ON PART IX, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false

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.$2.39$0.48$1.90$2.34$2.80$0.46
2023Detailed filing. Detailed filing data is available for this year.$2.74$0.41$2.33$3.35$2.68$0.67
2022Detailed filing. Detailed filing data is available for this year.$2.26$0.62$1.65$1.92$2.31$0.39
2021Detailed filing. Detailed filing data is available for this year.$1.96$0.07$1.89$2.14$1.60$0.54
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.07$1.33$1.99$1.53$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.04$0.86$1.34$1.52$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.11$1.05$1.28$1.06$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.02$0.83$1.24$0.91$0.33
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.36$1.12$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.09$0.99$0.86$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.09$0.05$0.55$0.65$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$0.40$0.39$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.03$0.04$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.20$0.21$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.15$0.12$0.03