Civic Intelligence

Michigan Hispanic Chamber Of

EIN 38-2872956 • 501(c)6 • Auburn Hills, MI

Profile

The michigan hispanic chamber of commerce was formed for the purpose of assisting hispanic & minority businesses in the state of michigan in expanding their customer bases,strengthing their business skills, networking with others in the business community and promoting its members' businesses.

1700 Harmon Road Suite 1Auburn Hills, MI 48220

www.mhcc.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.42x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.36x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

41st percentile

1.7%

Higher net margin than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$184,200

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 25.3% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

46th percentile

4.3%

Faster asset growth than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

3.5%

Faster revenue growth than 43% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$629,363

Up $25,898 (+4.3%) from 2023

Liabilities

Down

$262,065

Down $9,934 (-3.7%) from 2023

Net Assets

Up

$367,298

Up $35,832 (+11%) from 2023

Revenue

Up

$729,241

Up $24,997 (+3.5%) from 2023

Expenses

Up

$716,920

Up $6,904 (+1.0%) from 2023

Net Income

Up

$12,321

Up $18,093 (+313%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $364,049Liabilities 2010: $106,181Net Assets 2010: $257,8682010Assets 2011: $334,728Liabilities 2011: $29,000Net Assets 2011: $305,7282011Assets 2012: $414,719Liabilities 2012: $19,289Net Assets 2012: $395,4302012Assets 2013: $549,577Liabilities 2013: $93,273Net Assets 2013: $456,3042013Assets 2014: $630,234Liabilities 2014: $45,540Net Assets 2014: $584,6942014Assets 2015: $839,321Liabilities 2015: $328,166Net Assets 2015: $511,1552015Assets 2016: $632,234Liabilities 2016: $202,574Net Assets 2016: $429,6602016Assets 2017: $599,483Liabilities 2017: $164,533Net Assets 2017: $434,9502017Assets 2018: $580,231Liabilities 2018: $168,071Net Assets 2018: $412,1602018Assets 2019: $638,328Liabilities 2019: $212,321Net Assets 2019: $426,0072019Assets 2020: $532,055Liabilities 2020: $212,811Net Assets 2020: $319,2442020Assets 2021: $521,963Liabilities 2021: $211,276Net Assets 2021: $310,6872021Assets 2022: $572,121Liabilities 2022: $262,693Net Assets 2022: $309,4282022Assets 2023: $603,465Liabilities 2023: $271,999Net Assets 2023: $331,4662023Assets 2024: $629,363Liabilities 2024: $262,065Net Assets 2024: $367,2982024

Highlighted filing

2024

Assets$629,363
Liabilities$262,065
Net Assets$367,298

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $323,8442010Expenses 2011: $425,5342011Expenses 2012: $490,9562012Revenue 2013: $549,279Expenses 2013: $488,405Net Income 2013: $60,8742013Revenue 2014: $593,081Expenses 2014: $461,270Net Income 2014: $131,8112014Revenue 2015: $530,924Expenses 2015: $599,901Net Income 2015: -$68,9772015Revenue 2016: $537,375Expenses 2016: $614,753Net Income 2016: -$77,3782016Revenue 2017: $481,460Expenses 2017: $472,853Net Income 2017: $8,6072017Revenue 2018: $560,170Expenses 2018: $577,747Net Income 2018: -$17,5772018Revenue 2019: $440,174Expenses 2019: $425,263Net Income 2019: $14,9112019Revenue 2020: $392,695Expenses 2020: $497,977Net Income 2020: -$105,2822020Revenue 2021: $480,737Expenses 2021: $490,351Net Income 2021: -$9,6142021Revenue 2022: $610,002Expenses 2022: $576,999Net Income 2022: $33,0032022Revenue 2023: $704,244Expenses 2023: $710,016Net Income 2023: -$5,7722023Revenue 2024: $729,241Expenses 2024: $716,920Net Income 2024: $12,3212024

Highlighted filing

2024

Revenue$729,241
Expenses$716,920
Net Income$12,321

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.29$2.62$3.67$7.29$7.17$0.12
2023Detailed filing. Detailed filing data is available for this year.$6.03$2.72$3.31$7.04$7.10$0.06
2022Detailed filing. Detailed filing data is available for this year.$5.72$2.63$3.09$6.10$5.77$0.33
2021Detailed filing. Detailed filing data is available for this year.$5.22$2.11$3.11$4.81$4.90$0.10
2020Detailed filing. Detailed filing data is available for this year.$5.32$2.13$3.19$3.93$4.98$1.05
2019Detailed filing. Detailed filing data is available for this year.$6.38$2.12$4.26$4.40$4.25$0.15
2018Detailed filing. Detailed filing data is available for this year.$5.80$1.68$4.12$5.60$5.78$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.99$1.65$4.35$4.81$4.73$0.09
2016Detailed filing. Detailed filing data is available for this year.$6.32$2.03$4.30$5.37$6.15$0.77
2015Detailed filing. Detailed filing data is available for this year.$8.39$3.28$5.11$5.31$6.00$0.69
2014Detailed filing. Detailed filing data is available for this year.$6.30$0.46$5.85$5.93$4.61$1.32
2013Detailed filing. Detailed filing data is available for this year.$5.50$0.93$4.56$5.49$4.88$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.19$3.95$4.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.29$3.06$4.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$1.06$2.58$3.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 15, 2025
Return Version
2024v5.2
Gross Receipts
$1,116,041
Mission and Program Overview

Mission

The michigan hispanic chamber of commerce was formed for the purpose of assisting hispanic & minority businesses in the state of michigan in expanding their customer bases,strengthing their business skills, networking with others in the business community and promoting its members' businesses.

The michigan hispanic chamber of commerce was formed for the purpose of assisting hispanic & minority businesses in the state of michigan in expanding their customer bases, strengthing their business skills, networking with others in the business community and promoting its members businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$353,308$390,587▲ $37,279
Accounts Receivable$189,404$152,890▼ $36,514
Land, Buildings, and Equipment, Net$0$34,534▲ $34,534
Cash and Non-Interest-Bearing Accounts$55,890$33,435▼ $22,455
Prepaid Expenses and Deferred Charges$4,863$11,115▲ $6,252
Total Assets$603,465$629,363▲ $25,898
Other Assets Total$0$6,802▲ $6,802
Liabilities
Deferred Revenue$202,795$225,675▲ $22,880
Accounts Payable and Accrued Expenses$31,137$33,385▲ $2,248
Other Liabilities$38,067$3,005▼ $35,062
Total Liabilities$271,999$262,065▼ $9,934
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$331,466$367,298▲ $35,832
Total Net Assets Fund Balance$331,466$367,298▲ $35,832
Total Liabilities and Net Assets / Fund Balance$603,465$629,363▲ $25,898

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$34,534$9,582$44,116
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark MorenoExecutive DirectorFT$175,900$8,300$184,200

Board Members and Trustees

NameTitle
Paul UresteChairperson
Brian MooreCorporate Vice Chair
Jacinto BlancoCorporate Vice Chair
Dean MoralesHbe Vice Chair
Maria MarinHbe Vice Chair
Courtney Morales HofmannVice Chair
Anita-maria QuillenDirector
Bruno OlveraDirector
Gabriel Rodriguez-garrigaDirector
James BeathDirector
Jennifer GoodDirector
Jesse LopezDirector
Jesus HernandezDirector
Jose FloresDirector
Julie NowickiDirector
Lawrence GarciaDirector
Lisa PointerDirector
Lynn GarrisonDirector
Oscar CamargoDirector
Richelle GonzalezDirector
Robert GarciaDirector
Jesse VenegasSecretary
Jeff WyattTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$279,143
Program Service Revenue
$12,210
Investment Income
$13,768
Other Revenue
$424,120
All Other Contributions
$106,458
Change in Net Assets
$12,321

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table27$23,768Cost
Other Non Cash Contri Table2$4,343Cost
Other Non Cash Contri Table1$2,711Cost
Other Non Cash Contri Table12$1,353Cost
Total Noncash Contributions42$32,175-

Audited Revenue Reconciliation

Revenue per Audited Statements
$727,491
Revenue Not Reported on Financial Statements
$1,750
Revenue Not Reported on Form 990
$276,075
Total Revenue per Audited Statements
$1,003,566
Total Revenue per Form 990
$729,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$525,917
Total Fundraising Expense$222,278
Other Expenses$161,003
Grants and Similar Amounts Paid$30,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,421$70,195$93,165$274,781
Current Officers, Directors, Trustees, and Key Employees$71,327$44,925$59,648$175,900
Fees for Services Other$25,939$14,862$33,050$73,851
Other Employee Benefits$18,404$11,587$15,450$45,441
Grants to Domestic Orgs$30,000--$30,000
Payroll Taxes$12,067$7,598$10,130$29,795
All Other Expenses$3,333$20,080$933$24,346
Office Expenses$1,254$3,637$1,881$6,772
Insurance$495$5,298$416$6,209
Other Expenses$2,032$5,916$2,032$5,916
Conferences and Meetings$2,143$1,300$2,143$5,586
Travel$318$2,293$2,293$4,904
Depreciation Depletion-$4,189-$4,189
Advertising$1,137$252$1,137$2,526
Total Functional Expenses$291,233$203,409$222,278$716,920

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$967,734
Expenses per Audited Statements$716,920
Total Expenses per Form 990$716,920
Expenses Not Reported on Form 990$250,814
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$546,779
Fundraising Direct Expenses$250,814
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fiesta$268,345$268,345$54,587$213,758
Golf Outing$162,970$162,970$13,931$149,039
Total Events$546,279$546,279$250,814$295,465
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$3,005
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The organization's members are eligible to be board members.

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

Orginizations process to review for 990, the finance comittee reviews and discusses the form 990 with organizations officers

Form 990, Part VI, Section B, Line 15A

The organization determined the executive director's compensation throughdiscussions with other 501(c)(6) organizations with similar membershipbase.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available to the public upon request. The committee's process for selection of the independent accountant and oversight of the review of its financial statements has remained substantially the same from the prior year.

Filing and Contact Details

Filer

Filer Name
Michigan Hispanic Chamber of
EIN
38-2872956
Phone
5862065468
Address
1700 HARMON ROAD SUITE 1, AUBURN HILLS, MI 48220

Signing Officer

Name
Mark Moreno
Title
Executive Director
Phone
5862065468
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Moreno
Formed
1989
Legal Domicile
Mi
Voting Board Members
23
Independent Board Members
23
Employees
4
Volunteers
25

Preparer

Firm
Schlaupitz Madhavan Pc
Address
820 KIRTS BLVD SUITE 100, TROY, MI 48084
Preparer
David M Kudla
Phone
2486491600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll processing: program service expenses 675. Management and general expenses 425. Fundraising expenses 566. Total expenses 1,666. Professional fees: program service expenses 25,264. Management and general expenses 14,437. Fundraising expenses 32,484. Total expenses 72,185.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fiesta expenses 153,160. Golf outing expenses 60,585. Economic forum expenses 21,890. Matchmaking event expenses 15,178. Rounding 1.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fiesta expenses 153,160. Golf outing expenses 60,585. Economic forum expenses 21,890. Matchmaking event expenses 15,178. Rounding 1.

Schedule D Part XIV

Michigan hispanic chamber of commerce is organized to be a tax-exempt organization under section 501(c)(6) of the internal revenue code and therefore has no provision for federal income taxes. The plan's tax-exempt status was effective october 17,1990. The organization's tax filings are subject to audit by various tax authorities. The organization's open audit periods are 2021-2024.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt238300
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL URESTE
IRS990/Form990PartVIISectionAGrp/PersonNm1COURTNEY MORALES HOFMANN
IRS990/Form990PartVIISectionAGrp/PersonNm2JACINTO BLANCO
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm4DEAN MORALES
IRS990/Form990PartVIISectionAGrp/PersonNm5MARIA MARIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF WYATT
IRS990/Form990PartVIISectionAGrp/PersonNm7JESSE VENEGAS
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES BEATH
IRS990/Form990PartVIISectionAGrp/PersonNm9OSCAR CAMARGO
IRS990/Form990PartVIISectionAGrp/PersonNm10LAWRENCE GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm11GABRIEL RODRIGUEZ-GARRIGA
IRS990/Form990PartVIISectionAGrp/PersonNm12LYNN GARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHELLE GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm14JENNIFER GOOD
IRS990/Form990PartVIISectionAGrp/PersonNm15JESSE LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm16ROBERT GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm17JULIE NOWICKI
IRS990/Form990PartVIISectionAGrp/PersonNm18BRUNO OLVERA
IRS990/Form990PartVIISectionAGrp/PersonNm19LISA POINTER
IRS990/Form990PartVIISectionAGrp/PersonNm20ANITA-MARIA QUILLEN
IRS990/Form990PartVIISectionAGrp/PersonNm21JOSE FLORES
IRS990/Form990PartVIISectionAGrp/PersonNm22JESUS HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm23MARK MORENO
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23175900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CORPORATE VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CORPORATE VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4HBE VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5HBE VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0250814
IRS990/FundraisingGrossIncomeAmt0546779
IRS990/GainOrLossGrp/SecuritiesAmt03333
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt030000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt030000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt030000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0139319
IRS990/GrossReceiptsAmt01116041
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0416
IRS990/InsuranceGrp/ManagementAndGeneralAmt05298
IRS990/InsuranceGrp/ProgramServicesAmt0495
IRS990/InsuranceGrp/TotalAmt06209
IRS990/InvestmentExpenseAmt0-1750
IRS990/InvestmentIncomeGrp/ExclusionAmt010435
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010435
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0353308
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0390587
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
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IRS990/LegalDomicileStateCd0MI
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MICHIGAN HISPANIC CHAMBER OF COMMERCE WAS FORMED FOR THE PURPOSE OF ASSISTING HISPANIC & MINORITY BUSINESSES IN THE STATE OF MICHIGAN IN EXPANDING THEIR CUSTOMER BASES,STRENGTHING THEIR BUSINESS SKILLS, NETWORKING WITH OTHERS IN THE BUSINESS COMMUNITY AND PROMOTING ITS MEMBERS' BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0331466
IRS990/NetAssetsOrFundBalancesEOYAmt0367298
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03333
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03333
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IRS990/OfficeExpensesGrp/ProgramServicesAmt01254
IRS990/OfficeExpensesGrp/TotalAmt06772
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IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011587
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018404
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045441
IRS990/OtherExpensesGrp/Desc0PROGRAM
IRS990/OtherExpensesGrp/Desc1BANK SERVICE CHARGE
IRS990/OtherExpensesGrp/Desc2WEBSITE
IRS990/OtherExpensesGrp/Desc3PROVISION FOR CREDIT LO
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09245
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12032
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25916
IRS990/OtherExpensesGrp/ProgramServicesAmt011363
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IRS990/OtherExpensesGrp/TotalAmt011363
IRS990/OtherExpensesGrp/TotalAmt19245
IRS990/OtherExpensesGrp/TotalAmt26096
IRS990/OtherExpensesGrp/TotalAmt35916
IRS990/OtherLiabilitiesGrp/BOYAmt038067
IRS990/OtherLiabilitiesGrp/EOYAmt03005
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0128155
IRS990/OtherRevenueTotalAmt0128155
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt070195
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0111421
IRS990/OtherSalariesAndWagesGrp/TotalAmt0274781
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07598
IRS990/PayrollTaxesGrp/ProgramServicesAmt012067
IRS990/PayrollTaxesGrp/TotalAmt029795
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04863
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011115
IRS990/PrincipalOfficerNm0MARK MORENO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012210
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MICHIGAN HISPANIC CHAMBER OF COMMERCE IS A VIABLE ECONOMIC ENTITY REPRESENTING THE INTERESTS OF HISPANIC AND OTHER MINORITY BUSINESSES IN THE STATE OF MICHIGAN.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0309789
IRS990/PYGrantsAndSimilarPaidAmt070000
IRS990/PYInvestmentIncomeAmt06320
IRS990/PYOtherExpensesAmt0178831
IRS990/PYOtherRevenueAmt0348705
IRS990/PYProgramServiceRevenueAmt039430
IRS990/PYRevenuesLessExpensesAmt0-5772
IRS990/PYSalariesCompEmpBnftPaidAmt0461185
IRS990/PYTotalExpensesAmt0710016
IRS990/PYTotalProfFndrsngExpnsAmt00

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