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Nonprofit · EIN 20-5793719

HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC

Tax-exempt · CHARLOTTE, NC 28206

Financials

$467K$413K2023$495K$375K2024
Revenue Expenses · by fiscal year end
Financials of HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$494,984$375,026$119,958$200,780$33,221$167,559
December 31, 2023990$466,738$412,710$54,028$64,462$16,861$47,601
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$494,984
Membership dues
$25,100
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$29,989
Other salaries and wages
$139,247
Salaries, compensation and benefits (total)
$185,765
Professional fundraising fees
$0
Legal fees
$563
Accounting fees
$5,289
Travel
$4,091
Depreciation
$2,906
Program services (functional)
$61,400
Management and general (functional)
$313,626

Balance sheet and other

Total assets, start of year
$64,462
Total assets, end of year
$200,780
Total liabilities, end of year
$33,221
Net assets, end of year
$167,559
Gross receipts
$494,984
Employees
6
Year formed
2006
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SANDRA VELEZEXECUTIVE DIRECTOR
Trustee or director, Highest-paid employee
40$29,989
RENEE JONESBOARD MEMBER
Trustee or director
1$0
JODI VEDELLIBOARD MEMBER
Trustee or director
1$0
GREGORY SHELTONBOARD MEMBER
Trustee or director
1$0
TONY STAMPERVICE PRESIDENT
Trustee or director, Officer
1$0
RICHARD LATORREPRESIDENT
Trustee or director, Officer
1$0
PACINO MANCILLASBOARD MEMBER
Trustee or director
1$0
DANILO ORDONEZBOARD MEMBER
Trustee or director
1$0
DOMENICO SANTILLITREASURER
Trustee or director, Officer
1$0
CARLA DANIELSSECRETARY
Trustee or director, Officer
1$0
JUAN C RODRIGUEZBOARD MEMBER
Trustee or director
1$0
JONATHAN BESTBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
SANDRA VELEZEXECUTIVE DIRECTOR
Trustee or director, Highest-paid employee
40$137,297
DANILO ORDONEZBOARD MEMBER
Trustee or director
1$0
PACINO MANCILLASBOARD MEMBER
Trustee or director
1$0
JUAN C RODRIGUEZBOARD MEMBER
Trustee or director
1$0
JONATHAN BESTBOARD MEMBER
Trustee or director
1$0
GREGORY SHELTONBOARD MEMBER
Trustee or director
1$0
JODI VEDELLIBOARD MEMBER
Trustee or director
1$0
RENEE JONESBOARD MEMBER
Trustee or director
1$0
TONY STAMPERVICE PRESIDENT
Trustee or director, Officer
1$0
RICHARD LATORREPRESIDENT
Trustee or director, Officer
1$0
DOMENICO SANTILLITREASURER
Trustee or director, Officer
1$0
CARLA DANIELSSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1500 N GRAHAM ST SUITE C, CHARLOTTE, NC 28206-3022
In care of
% DOMENICO SANTILLI
Principal officer (990 for 2024)
RICHARD LATORRE, 4801 E INDEPENDENCE BLVD 300, CHARLOTTE, NC 28212
Signed the 990
DOMENICO SANTILLI, TREASURER
Phone
(704) 503-4104
Return prepared by
CAROLINA TAX MASTERS

Mission

THE HCAC PROVIDES EDUCATION, TRAINING, AND BUSINESS DEVELOPMENT SUPPORT TO HISPANIC CONTRACTORS IN THE CAROLINAS TO HELP ENSURE THEIR CONTINUOUS SUCCESS IN THE CONSTRUCTION INDUSTRY OF THE REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • HCAC GALA
    Expenses $37,296 · revenue $54,925
  • LATIN WOMEN IN CONSTRUCTION
    Expenses $11,206 · revenue $6,500
  • OSHA TRAINING
    Expenses $4,156 · revenue $2,135
  • CONTRACTORS NIGHT OUT
    Expenses $3,822 · revenue $3,575
  • COST DETERMINATION CLASS
    Expenses $3,181 · revenue $2,800
  • LUNCH AND LEARN
    Expenses $1,130 · revenue $1,065
  • CONSTRUCTION MANAGEMENT TRAINING
    Expenses $609 · revenue $5,915

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5793719
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$200,780
Income (IRS master file)
$494,984

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$494,984$375,026$200,780IRS
990December 2023$466,738$412,710$64,462XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5793719).

Questions about HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC

What is the EIN of HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC?
The employer identification number (EIN) of HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC is 20-5793719.
Is HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
Are donations to HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC?
The 990 for the year ended December 31, 2024 names RICHARD LATORRE.
Who are the officers and directors of HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $29,989 (SANDRA VELEZ, EXECUTIVE DIRECTOR).
How much revenue does HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $494,984, expenses of $375,026 and total assets of $200,780 at year end.

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