Civic Intelligence

Doral Chamber of Commerce

EIN 26-1465456 • 501(c)6 • Miami, FL

Profile

Encourage business and community prosperity by promoting economic programs designed to strengthen and enhance the financial opportunities for all businesses with the City of Doral Serve as an effective non partisan, non-sectarian voice for business on legislative, business, social, governmental and community issues affecting the City of Doral

8232 NW 14th StMiami, FL 33126

www.doralchamberofcommece.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.46x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

1.85x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

25th percentile

-16%

Higher net margin than 25% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-12%

Faster asset growth than 34% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

-4.5%

Faster revenue growth than 43% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$269,817

Down $37,568 (-12%) from 2023

Liabilities

Down

$393,410

Down $2,490 (-0.6%) from 2023

Net Assets

Down

-$123,593

Down $35,078 (-40%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin25th percentile

Revenue

Down

$212,829

Down $9,936 (-4.5%) from 2023

Expenses

Up

$247,907

Up $25,678 (+12%) from 2023

Net Income

Down

-$35,078

Down $35,614 (-6644%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2014: $3,913Liabilities 2014: $497Net Assets 2014: $3,4162014Assets 2015: $3,331Net Assets 2015: $3,3312015Assets 2016: $16,744Net Assets 2016: $16,7442016Assets 2017: $11,124Net Assets 2017: $11,1242017Assets 2018: $14,278Liabilities 2018: $1,716Net Assets 2018: $12,5622018Assets 2019: $6,151Liabilities 2019: $715Net Assets 2019: $5,4362019Assets 2020: $63,957Liabilities 2020: $106,011Net Assets 2020: -$42,0542020Assets 2021: $5,784Liabilities 2021: $124,675Net Assets 2021: -$118,8912021Assets 2022: $314,397Liabilities 2022: $403,448Net Assets 2022: -$89,0512022Assets 2023: $307,385Liabilities 2023: $395,900Net Assets 2023: -$88,5152023Assets 2024: $269,817Liabilities 2024: $393,410Net Assets 2024: -$123,5932024

Highlighted filing

2024

Assets$269,817
Liabilities$393,410
Net Assets-$123,593
Open 2024 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $88,032Expenses 2014: $86,849Net Income 2014: $1,1832014Revenue 2015: $83,175Expenses 2015: $83,261Net Income 2015: -$862015Revenue 2016: $143,423Expenses 2016: $133,471Net Income 2016: $9,9522016Revenue 2017: $191,613Expenses 2017: $198,789Net Income 2017: -$7,1762017Revenue 2018: $253,337Expenses 2018: $246,785Net Income 2018: $6,5522018Revenue 2019: $205,107Expenses 2019: $212,233Net Income 2019: -$7,1262019Revenue 2020: $121,418Expenses 2020: $168,908Net Income 2020: -$47,4902020Revenue 2021: $112,738Expenses 2021: $189,575Net Income 2021: -$76,8372021Revenue 2022: $195,044Expenses 2022: $192,699Net Income 2022: $2,3452022Revenue 2023: $222,765Expenses 2023: $222,229Net Income 2023: $5362023Revenue 2024: $212,829Expenses 2024: $247,907Net Income 2024: -$35,0782024

Highlighted filing

2024

Revenue$212,829
Expenses$247,907
Net Income-$35,078
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$269,817
Liabilities
$393,410
Net assets
-$123,593
Revenue
$212,829
Expenses
$247,907
Net income
-$35,078
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.70$3.93$1.24$2.13$2.48$0.35
2023Detailed filing. Detailed filing data is available for this year.$3.07$3.96$0.89$2.23$2.22$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.14$4.03$0.89$1.95$1.93$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.06$1.25$1.19$1.13$1.90$0.77
2020Detailed filing. Detailed filing data is available for this year.$0.64$1.06$0.42$1.21$1.69$0.47
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$2.05$2.12$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.13$2.53$2.47$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.11$1.92$1.99$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.17$1.43$1.33$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.83$0.83$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.03$0.88$0.87$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$212,829
Mission and Program Overview

Mission

Promote higher business standards and use good and services

To serve the businesses and business owners, residents and the local government of the City of Doral by empowering, educating and supporting existing businesses and creating new opportunities and revenue sources

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$297,088$261,585▼ $35,503
Accounts Receivable$600$600→ $0
Rtn Earn Endowment Incm Other Fnds$-88,515$-123,593▼ $35,078
Total Assets$307,385$269,817▼ $37,568
Other Assets Total$9,697$7,632▼ $2,065
Liabilities
Mortgage Notes Payable Secured by Investment Property$395,147$391,791▼ $3,356
Unsecured Notes Loans Payable$753$1,619▲ $866
Total Liabilities$395,900$393,410▼ $2,490
Net Assets / Fund Balance
Total Net Assets Fund Balance$-88,515$-123,593▼ $35,078
Total Liabilities and Net Assets / Fund Balance$307,385$269,817▼ $37,568
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Emmanuel SarmientoPresident
Carmen LopezTreasury
Revenue and Support

Revenue Composition

Contributions and Grants
$212,829
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$59,693
Change in Net Assets
$-35,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$247,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$118,341
Occupancy---$67,538
Office Expenses---$11,770
Conferences and Meetings---$11,282
Information Technology---$1,908
Other Expenses---$395
Total Functional Expenses$0$0$0$247,907
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Credit Card-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section SECTION B, Line LINE 11B

“The organization reviews the 990 form at a board meeting prior to submitting to the irs”

Form 990, Part VI, Section SECTION B, Line LINE 12C

“The organization enforced compliance with its conflict of interest policy by revewing it periodically at board meeting”

Form 990, Part VI, Section SECTION C, Line LINE 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Doral Chamber of Commerce
EIN
26-1465456
Phone
3055463301
Address
8232 NW 14TH ST, MIAMI, FL 33126

Signing Officer

Name
Emmanuel Sarmiento
Title
President
Phone
3055463301
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2018
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Hispano Tax Service
Address
6635 W COMMERCIAL BLVD SUITE 210, TAMARAC, FL 33319
Preparer
Lisett Murch Ea
Phone
9549331261
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/TaxPeriodEndDt02024-12-31
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