Civic Intelligence

Northwest Hispanic Chamber of Commerce

EIN 81-1554833 • 501(c)6 • Hoffman Estates, IL

Profile

To empower hsipanic businesses and build a community to connect professionals and entrepreneurs to build goals and future through events and promotions.

2000 Center DriveHoffman Estates, IL 60193

nwhccil.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

39th percentile

-4.6%

Higher net margin than 39% 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

69th percentile

9.8%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

91st percentile

56%

Faster revenue growth than 91% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

$11,510

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$11,510

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue51st percentileNet Margin39th percentile

Revenue

$222,718

No earlier filing loaded for comparison.

Expenses

$232,890

No earlier filing loaded for comparison.

Net Income

-$10,172

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

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

$15K$10K$5.0K$0Assets 2024: $11,510Liabilities 2024: $0Net Assets 2024: $11,5102024

Highlighted filing

2024

Assets$11,510
Liabilities$0
Net Assets$11,510
Open 2024 Filing

Operations Trend

Revenue Growth91st percentile

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

$300K$200K$100K$0-$100KRevenue 2024: $222,718Expenses 2024: $232,890Net Income 2024: -$10,1722024

Highlighted filing

2024

Revenue$222,718
Expenses$232,890
Net Income-$10,172
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$11,510
Liabilities
$0
Net assets
$11,510
Revenue
$222,718
Expenses
$232,890
Net income
-$10,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$2.23$2.33$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$222,718
Mission and Program Overview

Mission

To empower hsipanic businesses and build a community to connect professionals and entrepreneurs to build goals and future through events and promotions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,482$11,510▼ $10,972
Total Assets$22,482$11,510▼ $10,972
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,482$11,510▼ $10,972
Total Net Assets Fund Balance$22,482$11,510▼ $10,972
Total Liabilities and Net Assets / Fund Balance$22,482$11,510▼ $10,972
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Ivette CanoPresident
Daniel GarciaDirector
Kimberly LorvigDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$222,711
Program Service Revenue
$0
Investment Income
$7
Other Revenue
$0
All Other Contributions
$166,153
Change in Net Assets
$-10,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,101
Salaries, Compensation, and Employee Benefits$45,789
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$66,850$9,800-$76,650
Office Expenses-$65,468-$65,468
Other Salaries and Wages$22,895$22,894-$45,789
Advertising$8,759--$8,759
Travel-$7,573-$7,573
Information Technology-$3,692-$3,692
Conferences and Meetings-$3,260-$3,260
Occupancy-$1,800-$1,800
Insurance-$471-$471
Total Functional Expenses$117,932$114,958$0$232,890
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$20,549$20,549$19,428$1,121
Gala Events$11,457$11,457-$11,457
Total Events$32,006$32,006$19,428$12,578
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
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
No
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

Governing body meeting documentation Part VI line 8A

“The board meetings are documented and retained”

Committee meeting documentation Part VI line 8B

“The board and committee meetings are documented and retained.”

Form 990 governing body review Part VI line 11

“The documents including tax returns are reviewed by the board”

Governing documents etc available to public Part VI line 19

“Tax returns are available for review and are submitted upon request.”

Filing and Contact Details

Filer

Filer Name
Northwest Hispanic Chamber of Commerce
EIN
81-1554833
In Care Of
% IVETTE CANO
Phone
6307080694
Address
2000 CENTER DRIVE, HOFFMAN ESTATES, IL 60193

Signing Officer

Name
Ivette Cano
Title
President
Phone
2244991282
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ivette Cano
Formed
2016
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
5

Preparer

Firm
PREMIER Accounting & Tax Inc
Address
1700 N Alpine RD STE 300, Rockford, IL 61107
Preparer
Stephen Kwon
Phone
8156339706
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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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