Civic Intelligence

United States Hispanic Chamber of Commerce

EIN 43-1249249 • 501(c)6 • Washington, DC

Profile

The mission of the united states hispanic chamber of commerce (ushcc) is to build an ecosystem to accelerate hispanic business growth and prosperity.

750 17th St NW 825Washington, DC 20006

www.ushcc.com

Siviq Scores

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

Liabilities / Assets

94th percentile

0.81x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.32x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

19th percentile

-4.8%

Higher net margin than 19% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$584,709

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

3rd percentile

-27%

Faster asset growth than 3% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-24%

Faster revenue growth than 6% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,215,521

Down $808,796 (-27%) from 2023

Liabilities

Down

$1,803,923

Down $538,262 (-23%) from 2023

Net Assets

Down

$411,598

Down $270,534 (-40%) from 2023

Revenue

Down

$5,606,066

Down $1,746,362 (-24%) from 2023

Expenses

Down

$5,876,600

Down $2,166,586 (-27%) from 2023

Net Income

Up

-$270,534

Up $420,224 (+61%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $1,969,754Liabilities 2010: $2,476,860Net Assets 2010: -$507,1062010Assets 2011: $2,949,757Liabilities 2011: $3,000,772Net Assets 2011: -$51,0152011Assets 2012: $1,322,362Liabilities 2012: $1,970,180Net Assets 2012: -$647,8182012Assets 2013: $1,797,109Liabilities 2013: $2,087,722Net Assets 2013: -$290,6132013Assets 2014: $3,103,824Liabilities 2014: $2,724,966Net Assets 2014: $378,8582014Assets 2015: $2,864,680Liabilities 2015: $1,858,388Net Assets 2015: $1,006,2922015Assets 2016: $2,462,666Liabilities 2016: $1,716,542Net Assets 2016: $746,1242016Assets 2017: $1,930,374Liabilities 2017: $961,881Net Assets 2017: $968,4932017Assets 2018: $1,115,598Liabilities 2018: $1,906,982Net Assets 2018: -$791,3842018Assets 2019: $1,508,235Liabilities 2019: $1,950,361Net Assets 2019: -$442,1262019Assets 2020: $1,110,628Liabilities 2020: $1,712,332Net Assets 2020: -$601,7042020Assets 2021: $2,190,537Liabilities 2021: $2,336,469Net Assets 2021: -$145,9322021Assets 2022: $4,066,757Liabilities 2022: $2,693,867Net Assets 2022: $1,372,8902022Assets 2023: $3,024,317Liabilities 2023: $2,342,185Net Assets 2023: $682,1322023Assets 2024: $2,215,521Liabilities 2024: $1,803,923Net Assets 2024: $411,5982024

Highlighted filing

2024

Assets$2,215,521
Liabilities$1,803,923
Net Assets$411,598

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,471,7372010Expenses 2011: $4,895,7312011Expenses 2012: $5,155,9312012Revenue 2013: $4,966,119Expenses 2013: $4,478,182Net Income 2013: $487,9372013Revenue 2014: $5,430,105Expenses 2014: $4,760,203Net Income 2014: $669,9022014Revenue 2015: $5,619,759Expenses 2015: $5,140,423Net Income 2015: $479,3362015Revenue 2016: $5,077,325Expenses 2016: $4,961,360Net Income 2016: $115,9652016Revenue 2017: $5,216,588Expenses 2017: $5,042,703Net Income 2017: $173,8852017Revenue 2018: $2,659,257Expenses 2018: $4,118,816Net Income 2018: -$1,459,5592018Revenue 2019: $3,175,416Expenses 2019: $2,774,140Net Income 2019: $401,2762019Revenue 2020: $3,044,200Expenses 2020: $2,340,678Net Income 2020: $703,5222020Revenue 2021: $4,908,238Expenses 2021: $4,452,466Net Income 2021: $455,7722021Revenue 2022: $8,403,407Expenses 2022: $6,884,585Net Income 2022: $1,518,8222022Revenue 2023: $7,352,428Expenses 2023: $8,043,186Net Income 2023: -$690,7582023Revenue 2024: $5,606,066Expenses 2024: $5,876,600Net Income 2024: -$270,5342024

Highlighted filing

2024

Revenue$5,606,066
Expenses$5,876,600
Net Income-$270,534

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$1.80$0.41$5.61$5.88$0.27
2023Detailed filing. Detailed filing data is available for this year.$3.02$2.34$0.68$7.35$8.04$0.69
2022Detailed filing. Detailed filing data is available for this year.$4.07$2.69$1.37$8.40$6.88$1.52
2021Detailed filing. Detailed filing data is available for this year.$2.19$2.34$0.15$4.91$4.45$0.46
2020Detailed filing. Detailed filing data is available for this year.$1.11$1.71$0.60$3.04$2.34$0.70
2019Detailed filing. Detailed filing data is available for this year.$1.51$1.95$0.44$3.18$2.77$0.40
2018Detailed filing. Detailed filing data is available for this year.$1.12$1.91$0.79$2.66$4.12$1.46
2017Detailed filing. Detailed filing data is available for this year.$1.93$0.96$0.97$5.22$5.04$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.46$1.72$0.75$5.08$4.96$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.86$1.86$1.01$5.62$5.14$0.48
2014Detailed filing. Detailed filing data is available for this year.$3.10$2.72$0.38$5.43$4.76$0.67
2013Detailed filing. Detailed filing data is available for this year.$1.80$2.09$0.29$4.97$4.48$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$1.97$0.65$5.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$3.00$0.05$4.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$2.48$0.51$2.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$5,606,066
Mission and Program Overview

Mission

The mission of the united states hispanic chamber of commerce (ushcc) is to promote and develop hispanic owned businesses the ushcc is the central link to a network that provides economic opportunity to the hispanic community.

Build an ecosystem to accelerate hispanic business growth and prosperity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$526,676$461,793▼ $64,883
Accounts Receivable$446,861$316,902▼ $129,959
Cash and Non-Interest-Bearing Accounts$678,123$228,828▼ $449,295
Land, Buildings, and Equipment, Net$169,856$213,257▲ $43,401
Prepaid Expenses and Deferred Charges$123,604$170,182▲ $46,578
Total Assets$3,024,317$2,215,521▼ $808,796
Other Assets Total$1,079,197$824,559▼ $254,638
Liabilities
Accounts Payable and Accrued Expenses$1,225,982$853,867▼ $372,115
Deferred Revenue$502,809$508,932▲ $6,123
Other Liabilities$613,394$441,124▼ $172,270
Total Liabilities$2,342,185$1,803,923▼ $538,262
Net Assets / Fund Balance
Net Assets With Donor Restrictions$674,000$475,000▼ $199,000
Net Assets Without Donor Restrictions$8,132$-63,402▼ $71,534
Total Net Assets Fund Balance$682,132$411,598▼ $270,534
Total Liabilities and Net Assets / Fund Balance$3,024,317$2,215,521▼ $808,796

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$198,978$46,215$245,193
Equipment$12,881$43,702$56,583
Leasehold Improvements$1,398$1,370$2,768
Other Assets Org$13,851--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ramiro CavazosPresident & CEOFT$440,448$144,261$584,709
Felipe UgaldeChief Operating OfficerFT$201,659$37,846$239,505
Synthia JaramilloSVP Corporate RelationsFT$203,750$12,891$216,641
Evelyn BarahonaSVP Ushcc Educational FundPT$177,000$12,270$189,270
Anthony HinojosaVP, Government & InternatiFT$154,793$21,015$175,808
Jessica CoronadoDirector, Operations & BoaFT$137,540$16,706$154,246

Board Members and Trustees

NameTitle
Victor AriasChair Elect as of 12/24
Jacquelyn PuenteChair of the Board as of 12/24
Nelson ReyneriImmediate Past Chair as of 12/24
Alice RodriguezImmediate Past Chair Until of 12/24
Carlos a BecerraBoard Member
Christine RiceBoard Member
Ernie Cde BacaBoard Member
Jaime Di PauloBoard Member
Jennifer RodriguezBoard Member
Patty JurezBoard Member
Rachel KutzBoard Member
Raul SalinasBoard Member
Roberto MartinezBoard Member
Rosa NavejarBoard Member
Sil GonzalesBoard Member
Yammel Snchez-ocanaBoard Member
Yuri CunzaBoard Member
Cesar VargasBoard Member Until 12/24
Juan Carlos LiscanoBoard Member Until 12/24
Mayra PinedaBoard Member Until 12/24
Reuben FrancoBoard Member Until 12/24

Highest Paid Contractors

ContractorServicesLocationCompensation
Everlast ProductionsAudio & Video 2024 National Conference9 SW 12TH AVE 109, Dania Beach, FL 33004$362,142
Kc Hotel Property Owner LLC Dba Loews KaHost Hotel 2024 National Conference1515 WYANDOTTE ST, Kansas City, MO 64108$260,510
Unico Communications INCProduction Services All 2023 Annual Even2222 SAN PEDRO AVENUE SUITE 2, San Antonio, TX 78212$216,375
Ogilvy Government RelationsAdvocacy Support1111 19TH STREET NW SUITE 1100, Washington, DC 20036$120,000
Smart Edge Technologies LLCProject Management5034 QUADRANGLE COURT, Wesley Chapel, FL 33544$118,308
Revenue and Support

Revenue Composition

Contributions and Grants
$799,249
Program Service Revenue
$4,452,891
Investment Income
$45
Other Revenue
$353,881
All Other Contributions
$191,283
Change in Net Assets
$-270,534

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$149,000Fair Market Value (FMV)
Other Non Cash Contri Table1$10,000Fair Market Value (FMV)
Total Noncash Contributions2$159,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,983,361
Salaries, Compensation, and Employee Benefits$2,693,645
Grants and Similar Amounts Paid$199,594
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,773,849
Conferences and Meetings---$1,589,248
Fees for Services Other---$593,393
Current Officers, Directors, Trustees, and Key Employees---$584,709
Occupancy---$349,633
Grants to Domestic Orgs---$199,594
Fees for Services Accounting---$179,544
Other Employee Benefits---$161,397
Payroll Taxes---$150,123
Travel---$90,956
Depreciation Depletion---$30,360
Insurance---$25,906
Interest---$24,938
Pension Plan Contributions---$23,567
Fees for Services Legal---$3,925
Advertising---$582
Other Expenses---$210
Total Functional Expenses$0$0$0$5,876,600
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Circular Board Dba Hello AliceSanta Rosa, CAOtherBuild an Ecosystem to Accelerate Hispanic Business Growth and Prosperity.$125,000
Latino Business Action NetworkSanta Fe Springs, CA501c3Build an Ecosystem to Accelerate Hispanic Business Growth and Prosperity.$30,000
Illinois Hispanic Chamber of CommerceChicago, IL501c3Build an Ecosystem to Accelerate Hispanic Business Growth and Prosperity.$27,832
Latino Leaders (clifnet Llc)Dallas, TX501c3Build an Ecosystem to Accelerate Hispanic Business Growth and Prosperity.$16,000
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$441,124
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Ushcc members include dues-paying local chambers of commerce, professional trade associations, and business networks. Ushcc shall have membership classifications based on the following categories: - individual member: a person who is an individual, trade association, chamber of commerce, chamber of chambers, statewide membership organization, corporation, partnership, or business entity having a good faith interest in the objectives of ushcc. - hispanic business enterprise: a business entity that is 51% or more hispanic-owned, which meets the eligibility requirements and pays the dues as established by the ushcc board of directors. - corporate partner member: a business entity which meets the eligibility requirements and pays the dues as established by the ushcc board of directors. - honorary member: a person or business entity which meets the eligibility requirements and is not required to pay dues. - hispanic trade associations, local hispanic chambers of commerce, chamber of chambers, and statewide membership organizations that meet the qualifications established by the ushcc board of directors.

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

Any ushcc board member shall also be a member of the ushcc. Those board members who become paid members of the ushcc may elect one or more members of the governing body.

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

Any ushcc board member shall also be a member of the ushcc. Those board members who become paid members of the ushcc can approve any decisions made by the governing body.

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

The draft version of the federal form 990 is made available to the finance committee of the board of directors and reviewed by management prior to filing with the internal revenue service. Form 990 is filed after the audit for the same year has been completed and presented to the audit committee by the external audit firm.

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

All employees and board members are required to sign a conflict of interest agreement, which they are required to review and report any conflicts of interest. Additionally, the following guidelines regarding conflicts of interest are outlined in the bylaws: - board members shall not accept gifts, favors, services, entertainment, or other things of value that may inappropriately or adversely influence the decisions of the ushcc. -offering, giving, soliciting, or receiving any form of bribe or other improper payment is prohibited. - board members shall refrain from voting on any issues that constitute a conflict of interest. If there is uncertainty about the existence of a conflict, board members should seek clarification from the ushcc board legal counsel. - board members shall not extend preferential treatment in relation to any official matter to family members, friends, or to organizations in which they, family members, or friends have an interest. - board members shall avoid any employment, activity, investment, or other interest which might involve obligations that may compete with or be in conflict with the interests of the ushcc.

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

The salary and bonus structure of the president & ceo was determined based on observing salary levels of other similar organizations, market values, state cost of living, and percentages of revenue data provided by an independent executive search firm. Discussions were documented in the board of directors' meeting minutes.

Form 990, Part VI, Section C, Line 19

Ushcc makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The federal forms 990 and 1024 are also made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
United States Hispanic Chamber of
EIN
43-1249249
Phone
2028421212
Address
750 17TH ST NW 825, WASHINGTON, DC 20006

Signing Officer

Name
Ramiro Cavazos
Title
President & CEO
Phone
2028421212
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ramiro Cavazos
Formed
1979
Legal Domicile
Nm
Voting Board Members
22
Independent Board Members
21
Employees
16
Volunteers
21

Preparer

Firm
Cbiz Advisors LLC
Address
1899 L STREET NW 850, WASHINGTON, DC 20036
Preparer
Frank Smith
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Legislative consultant 120,000. Technology consultant 2,860. Temporary staff 157,477. Project management 72,000. Marketing consultant 241,056.

FORM 990, PART XII, LINE 2C:

Process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Ushcc performed an evaluation of uncertainty in income taxes for the year 2024, and determined that there were no matters that would require recognition in the consolidated financial statements or that may have any effect on its tax-exempt status.

Raw XML AppendixShowing 400 of 809 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.

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IRS990/MissionDesc0THE MISSION OF THE UNITED STATES HISPANIC CHAMBER OF COMMERCE (USHCC) IS TO BUILD AN ECOSYSTEM TO ACCELERATE HISPANIC BUSINESS GROWTH AND PROSPERITY.
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