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Nonprofit · EIN 37-1561859

CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION

Tax-exempt · SACRAMENTO, CA 95814

Financials

$651K$925K2023$913K$888K2024
Revenue Expenses · by fiscal year end
Financials of CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$912,599$887,601$24,998$430,342$500,377-$70,035
December 31, 2023990$651,273$924,968-$273,695$344,010$439,043-$95,033
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$816,144
of which government grants
$286,900
Program service revenue
$96,435
Investment income
$20
Other revenue
$0

Expenses

Grants and similar amounts paid
$17,000
Compensation of officers, directors and key employees
$0
Other salaries and wages
$274,063
Salaries, compensation and benefits (total)
$333,970
Professional fundraising fees
$0
Accounting fees
$20,085
Occupancy
$25,709
Travel
$10,563
Depreciation
$4,469
Program services (functional)
$665,230
Management and general (functional)
$195,051
Fundraising (functional)
$27,320

Balance sheet and other

Total assets, start of year
$344,010
Total assets, end of year
$430,342
Total liabilities, end of year
$500,377
Net assets, end of year
-$70,035
Land, buildings and equipment
$10,444
Net assets without donor restrictions
-$70,035
Gross receipts
$912,599
Employees
0
Volunteers
10
Year formed
2008
State of legal domicile
CA

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 / weekCompensationFrom related orgsOther / benefits
JULIAN CANETECEO
Officer
10$0$135,000$26,629
OSCAR GARCIASR. VICE PRESIDENT1$0$80,000$25,669
GEMA GONZALEZ MACIASCHIEF OF STAFF10$0$69,000$4,712
DAVID BETANCOURTChairman
Trustee or director
3$0$0$0
SOPHIA GARCIAVICE CHAIRWOMAN
Trustee or director
1$0$0$0
DAVID ALANISSECRETARY
Trustee or director
1$0$0$0
RAUL HEMANDEZTreasurer
Trustee or director
1$0$0$0
SYLVESTER AGUILARTreasurer
Trustee or director
3$0$0$0
Gabriela MelloDirector
Trustee or director
1$0$0$0
SUZANNA AGUILERA MARRERODirector
Trustee or director
1$0$0$0
JUDY CASTRODirector
Trustee or director
1$0$0$0
Dennis KingDirector
Trustee or director
1$0$0$0
DAVID ALANISDirector
Trustee or director
1$0$0$0
Ray VasquezDirector
Trustee or director
1$0$0$0
Lawrence GarciaDirector
Trustee or director
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
Maria UrenaDirector
Trustee or director
1$0
ULISES GUZMANDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JULIAN CANETECEO
Officer
30$0$146,530$23,666
OSCAR GARCIASR. VICE PRESIDENT1$0$75,577$22,099
GEMA GONZALEZ MACIASCHIEF OF STAFF30$0$53,065$2,992
Jose PlascenciaChairman
Trustee or director
3$0$0$0
SOPHIA GARCIAVICE CHAIRWOMAN
Trustee or director
1$0$0$0
DR JUDY CASTROSECRETARY
Trustee or director
1$0$0$0
RAUL HEMANDEZTREASURER
Trustee or director
3$0$0$0
Gabriela MelloDirector
Trustee or director
1$0$0$0
Rick NoguieraDirector
Trustee or director
1$0$0$0
SUZANNA AGUILERA MARRERODirector
Trustee or director
1$0$0$0
David BetancourtDirector
Trustee or director
1$0$0$0
Dennis KingDirector
Trustee or director
1$0$0$0
DAVID ALANISDirector
Trustee or director
1$0$0$0
Ray VasquezDirector
Trustee or director
1$0$0$0
Lawrence GarciaDirector
Trustee or director
1$0$0$0
Maria UrenaDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1510 J ST STE 210, SACRAMENTO, CA 95814-2099
In care of
% JOEL AYALA
Principal officer (990 for 2024)
Julian Canete
Signed the 990
Julian Canete, President/CEO
Phone
(916) 444-2221
Return prepared by
HARSHWAL & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 37-1561859 or by the name CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To create, develop and provide education and economic development programs to increase adult leadership for the California Hispanic Chambers of Commerce (CHCC) and for members of the CHCC and to provide scholarship opportunities for qualified students to attend educational institutions to study subjects consistent with the purposes of the CHCC Foundation.

990 for the year ended December 31, 2024

Program accomplishments

  • SBDC & TECHNICAL ASSISTANCE PROGRAMS: THE CHCCFS SMALL BUSINESS DEVELOPMENT CENTER (SBDC) AND TECHNICAL ASSISTANCE PROGRAM PROVIDES FREE ONE-ON-ONE CONSULTING AND TECHNICAL ASSISTANCE SERVICES, WITH A FOCUS ON IMMIGRANT-, WOMEN- AND MINORITY-OWNED BUSINESSES. WE OFFER TECHNICAL ASSISTANCE ON MARKETING, FINANCIAL ANALYSIS, CUSTOMER ANALYSIS, DIGITIZATION, FUNDING RESOURCES, TIME MANAGEMENT, AND MUCH MORE. THESE SERVICES ALSO INCLUDE INDUSTRY-SPECIFIC WORKSHOPS, TRAININGS, AND FOCUS GROUPS. THE GOAL OF THE PROGRAM CONTRIBUTES TO THE ECONOMIC GROWTH OF OUR MINORITY COMMUNITIES IN CALIFORNIA. IN 2024 THE PROGRAM SERVICES OVER 6,700 SMALL BUSINESSES THROUGH DIRECT SERVICES, WORKSHOPS, AND/OR WEBINARS.
    Expenses $349,710 · revenue $60,000
  • Sustainability Programs: The CHCC Sustainability program work with small businesses and community-based organizations assist in the development and achieve goals that create financial, societal and environmental sustainability. A business impacts communities and resources, so taking these steps to sustainability is in the best interests of the environment, the business owner and the consumer. The CHCCF Sustainability Program works to decrease the negative impact on the environment and potentially save money. The CHCCF works with small businesses to easily scale these practices and implement them in their own organizations through a small business sustainability plan.
    Expenses $174,922
  • CAPS Program: In 2004, the CHCC created and executed its first CAPS Program at its annual convention and at every convention since. The program was instituted to prepare Hispanic college students to graduate and enter the workforce. CAPS give the students of opportunities available to them in business, public service, community insights and entrepreneurial arenas. The curriculum engages students to develop a network of professionals and advisors, learn soft skills that would be an asset to them in the workforce and business world, and most importantly create future leaders for regional Hispanic chambers and the community.
    Expenses $127,429 · grants $17,000 · revenue $25,000
  • All Other Programs - Solano Project, GOLF TOURNAMENT, SBA Awards, Procurement
    Expenses $13,169 · revenue $11,435

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
37-1561859
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$430,342
Income (IRS master file)
$912,599

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$912,599$887,601$430,342XML
990December 2023$651,273$924,968$344,010XML
990December 2022$738,171$720,727$564,879IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 37-1561859).

Questions about CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION

What is the EIN of CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION?
The employer identification number (EIN) of CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION is 37-1561859.
Is CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION 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 CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION 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 CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION 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 CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION?
The 990 for the year ended December 31, 2024 names Julian Canete.
Who are the officers and directors of CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does CALIFORNIA HISPANIC CHAMBERS OF COMMERCE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $912,599, expenses of $887,601 and total assets of $430,342 at year end.

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