Skip to main content

Nonprofit · EIN 86-1364097

HUGE BUSINESS AND INVESTMENT COUNCIL INC

Tax-exempt · WASHINGTON, DC 20036

Financials

$845K$581K2023$691K$670K2024
Revenue Expenses · by fiscal year end
Financials of HUGE BUSINESS AND INVESTMENT COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$690,637$669,571$21,066$760,119$10,165$749,954
December 31, 2023990$844,549$581,288$263,261$750,743$21,856$728,887
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$670,000
Program service revenue
$0
Investment income
$20,637
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$249,600
Other salaries and wages
$121,047
Salaries, compensation and benefits (total)
$391,704
Professional fundraising fees
$0
Legal fees
$6,000
Accounting fees
$28,848
Occupancy
$1,402
Travel
$18,546
Depreciation
$1,587

Balance sheet and other

Total assets, start of year
$750,743
Total assets, end of year
$760,119
Total liabilities, end of year
$10,165
Net assets, end of year
$749,954
Net assets without donor restrictions
$749,954
Gross receipts
$690,637
Employees
2
Volunteers
0
Year formed
2020
State of legal domicile
DC

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
Greg HugerExecutive director
Key employee, Highest-paid employee
40$150,000
Adriana D MarcandaliDirector of Operations
Highest-paid employee
40$121,047
Juan Jose DaboubPresident
Trustee or director
40$99,600
Camilo AtalaVP, Northern Triangle
Trustee or director
5$0
Thomas B Crowley JrVP USA
Trustee or director
5$0
Richard AitkenheadTreasurer
Trustee or director
5$0
Jesus CanahuatiSecretary
Trustee or director
5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Greg HugerExecutive director
Key employee, Highest-paid employee
40$150,000
Juan Jose DaboubPresident
Trustee or director
40$99,600
Camilo AtalaVP, Northern Triangle
Trustee or director
5$0
Anderson Warlick JrVP USA
Trustee or director
5$0
Richard AitkenheadTreasurer
Trustee or director
5$0
Jesus CanahuatiSecretary
Trustee or director
5$0

Address and contacts

Address (IRS master file)
1025 CONNECTICUT AVENUE NW SUITE 1, WASHINGTON, DC 20036-5405
In care of
% GREGORY F HUGER
Principal officer (990 for 2024)
Gregory F Huger, 1025 Connecticut Ave NW, Washington, DC 20036
Signed the 990
Gregory F Huger, Executive Director
Phone
(703) 209-5854
Return prepared by
The Ijaz Group LLC

Mission

To contribute to the creation of the American Dream in the Northern Triangle (Honduras, Guatemala & El Salvador) through the generation of sustainable jobs.

990 for the year ended December 31, 2024

Program accomplishments

  • Coordinate and strategically align a regional effort of Honduras, USA, Guatemala and El Salvador led by the private sector for the development and empowerment of the people of the Northern Triangle. Focus is on manufacturing, agroindustry and technology innovation. Incorporate lessons learned from other regional success stories. Boost competitiveness around these sectors that include investment in schools and training centers to prepare workforce, health centers and services, industrial facilities, affordable housing for the workers and their families, and energy to power economic growth and job creation.

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
86-1364097
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$760,119
Income (IRS master file)
$690,637

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$690,637$669,571$760,119XML
990December 2023$844,549$581,288$750,743XML
990December 2022$740,562$485,762$476,675IRS
990December 2021–––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 86-1364097).

Questions about HUGE BUSINESS AND INVESTMENT COUNCIL INC

What is the EIN of HUGE BUSINESS AND INVESTMENT COUNCIL INC?
The employer identification number (EIN) of HUGE BUSINESS AND INVESTMENT COUNCIL INC is 86-1364097.
Is HUGE BUSINESS AND INVESTMENT COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
Are donations to HUGE BUSINESS AND INVESTMENT COUNCIL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HUGE BUSINESS AND INVESTMENT COUNCIL 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 HUGE BUSINESS AND INVESTMENT COUNCIL 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 HUGE BUSINESS AND INVESTMENT COUNCIL 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 HUGE BUSINESS AND INVESTMENT COUNCIL INC?
The 990 for the year ended December 31, 2024 names Gregory F Huger.
Who are the officers and directors of HUGE BUSINESS AND INVESTMENT COUNCIL INC?
The 990 for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $150,000 (Greg Huger, Executive director).
How much revenue does HUGE BUSINESS AND INVESTMENT COUNCIL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $690,637, expenses of $669,571 and total assets of $760,119 at year end.

Other nonprofits in WASHINGTON

All nonprofits in WASHINGTON · District of Columbia · International, foreign affairs and national security