2025-11-17T16:15:34-06:00 2024-12-31 390919055 RITZ HOLMAN LLP 330 E KILBOURN AVE SUITE 222 MILWAUKEE WI 53202 990 2024-01-01 392013787 HMONG WISCONSIN CHAMBER OF COMMERCE INC HMON 4146458828 5423 N 118TH CT MILWAUKEE WI 53225 MAYSEE HERR CEO 4146458828 2025-11-17 1 1 KATY L SOMMER P00273273 4142711451 2025-11-14 2024 2025-03-06 01:10:19Z MAYSEE HERR 5423 N 118TH CT MILWAUKEE WI 53225 3999396 0 X WWW.HMONGCHAMBER.ORG X 2000 WI HWCC IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) PROVIDING ECONOMIC DEVELOPMENT ASSISTANCE IN BUSINESS PLANNING, MARKET ANALYSIS, MARKETING STRATEGIES, EFFECTIVE DAY-TO-DAY BUSINESS OPERATIONS AND MUCH MORE. HWCC ACTS AS AN ADVOCATE FOR THE HMONG AND ASIAN AMERICAN COMMUNITIES IN WISCONSIN REGARDING BUSINESS AND ECONOMIC ISSUES. FURTHERMORE, HWCC IS A FORUM FOR HMONG AND ASIAN AMERICAN ENTREPRENEURS TO DISCUSS SUCCESSES AND CHALLENGES, OFFERING SUPPORT RESULTING IN A WIN-WIN FOR ALL OF WISCONSIN. 13 13 23 13 0 0 1467126 2579517 972257 1194163 85153 168804 122384 -2051 2646920 3940433 600047 236250 0 0 720343 877142 0 0 0 1305846 1559302 2626236 2672694 20684 1267739 4595269 6613621 1462651 2561029 3132618 4052592 X HWCC IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) PROVIDING ECONOMIC DEVELOPMENT ASSISTANCE IN BUSINESS PLANNING, MARKET ANALYSIS, MARKETING STRATEGIES, EFFECTIVE DAY-TO-DAY BUSINESS OPERATIONS AND MUCH MORE. HWCC ACTS AS AN ADVOCATE FOR THE HMONG AND ASIAN AMERICAN COMMUNITIES IN WISCONSIN REGARDING BUSINESS AND ECONOMIC ISSUES. FURTHERMORE, HWCC IS A FORUM FOR HMONG AND ASIAN AMERICAN ENTREPRENEURS TO DISCUSS SUCCESSES AND CHALLENGES, OFFERING SUPPORT RESULTING IN A WIN-WIN FOR ALL OF WISCONSIN. 0 0 2309880 236250 1329669 THE HMONG WISCONSIN CHAMBER OF COMMERCE (HWCC) DELIVERS INTEGRATED ACCESS TO CAPITAL AND BUSINESS TECHNICAL ASSISTANCE TO UNDERSERVED SMALL BUSINESSES ACROSS WISCONSIN. AS A CERTIFIED CDFI, HWCC PROVIDES MICRO AND SMALL BUSINESS LOANS. IN THE REPORTING YEAR, HWCC DISBURSED OVER $1,178,000 IN LOANS TO 12 ENTREPRENEURS, MAINTAINING A PORTFOLIO-WIDE DEFAULT RATE UNDER 12%. HWCC ALSO SUPPORTED APPROXIMATELY 129 ENTREPRENEURS AND BUSINESSES THROUGH ONE-ON-ONE CONSULTING, FINANCIAL COACHING, TRAINING WORKSHOPS, AND LOAN READINESS SERVICES. THIS PROGRAM ADVANCES FINANCIAL INCLUSION, BUSINESS GROWTH, AND ECONOMIC RESILIENCE FOR UNDERSERVED ENTREPRENEURS. 2309880 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X KRISTY VANG OPERATIONS MANAGER 4146458828 5423 N 118TH COURT MILWAUKEE WI 53225 MAYSEE HERR CEO 40.00 X 106947 0 7092 KRISTY VANG DIRECTOR OF OPERATIONS 40.00 X 87505 0 0 DAVID KIRCHER PRESIDENT 1.00 X X 0 0 0 ERIC WOZNY TREASURER 1.00 X X 0 0 0 TABATHA DE LEON SECRETARY 1.00 X X 0 0 0 PATRICK MARTIN DIRECTOR 1.00 X 0 0 0 WARREN BULIOX DIRECTOR 1.00 X 0 0 0 ANTHONY SMITH DIRECTOR 1.00 X 0 0 0 SONG CHENG DIRECTOR 1.00 X 0 0 0 LANCE LEONHARD DIRECTOR 1.00 X 0 0 0 COURTNEY XIONG DIRECTOR 1.00 X 0 0 0 SCOTT BROWN DIRECTOR 1.00 X 0 0 0 CELIA BENTON DIRECTOR 1.00 X 0 0 0 WILLIAM KOPKA DIRECTOR 1.00 X 0 0 0 KAMALJIT JACKSON DIRECTOR 1.00 X 0 0 0 194452 0 7092 1 0 0 0 0 2528871 50646 2579517 FISCAL AGENT SPONSORSH 561499 1118122 1118122 PROGRAM SERVICE FEES 900099 30300 30300 LOAN APPLICATION FEES 561499 28899 28899 MEMBERSHIP DUES 561499 11160 11160 PASS THRU SERVICES INC 561499 5682 5682 1194163 168804 130507 38297 51913 58963 -7050 -7050 MISCELLANEOUS REVENUE 900099 4999 4999 4999 3940433 1329669 0 31247 236250 201544 551006 57422 67170 9573 33193 28648 27882 41788 24280 62416 67136 15874 7906 FISCAL AGENT EXPENSES 1118122 BANK AND SERVICE FEES 28879 STAFF TRAINING 20529 PROGRAM EVENTS 20104 52972 2672694 161282 545034 2524368 1397025 25000 87127 2084304 1791121 2499185 1766 97576 13820 2306 83756 4065 2551 4595269 6613621 78425 63660 943374 2100256 273038 317025 167814 80088 1462651 2561029 X 2882788 3864038 249830 188554 3132618 4052592 4595269 6613621 1267739 -347765 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 4950 97576 13820 83756 83756 TCNB LINE OF CREDIT 75000 RAMP CARDS 5088 80088 BANQUET 51913 51913 58963 51913 51913 58963 58963 -7050 0 BRIDAL DESIGNS ALTERATIONS LLC N84W15786 APPLETON AVE MENOMONEE FALLS WI 53051 923251254 6250 0 REVOLVING LOAN FUND SU PLUS TWO LLC 7335 W GREENFIELD AVE WEST ALLIS WI 53214 862720439 6250 0 REVOLVING LOAN FUND LOR CHIROPRACTIC 4701 N 76TH ST STE 201 MILWAUKEE WI 53218 463015561 8750 0 REVOLVING LOAN FUND THE MOONLIT BAKERY LLC 610 BROOKS PL WAUSAU WI 54401 884141724 8750 0 REVOLVING LOAN FUND FISH CAVE LLC 2110 S MEMORIAL DR APPLETON WI 54915 861595496 8750 0 REVOLVING LOAN FUND WAUSAU FAMILY PHARMACY LLC 630 S 3RD AVE WAUSAU WI 54401 880834325 10000 0 REVOLVING LOAN FUND NICHE BOOK BAR LLC 1937 N MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 844479539 10000 0 REVOLVING LOAN FUND INDIGO NAIL LOUNGE LLC 2742 MALL DR EAU CLAIRE WI 54701 862305465 10000 0 REVOLVING LOAN FUND WATCHDOG EATS LLC DBA FRED'S FROZEN CUSTARD & GRILL 4726 W VLIET ST MILWAUKEE WI 53208 842225215 10000 0 REVOLVING LOAN FUND PRESTIGE MECHANICAL LLC N170W21930 ROSEWOOD LN 10 JACKSON WI 53037 872861859 10000 0 REVOLVING LOAN FUND PIPELINE WI ATHLETICS LLC 4317 DURAFORM LN WINDSOR WI 53598 922828942 12500 0 REVOLVING LOAN FUND V NAIL AND BEAUTY LLC 2737 LONDON RD EAU CLAIRE WI 54701 932129525 17000 0 REVOLVING LOAN FUND SOUL THAI LLC 235 SAND LAKE RD ONALASKA WI 546502759 993066172 22500 0 REVOLVING LOAN FUND VIDA AESTHETIC LLC 801 W VERONA AVE STE C VERONA WI 53593 880532394 25000 0 REVOLVING LOAN FUND BENEVOLENCE FIRST INC 12645 W BURLEIGH ST STE 20 BROOKFIELD WI 53005 203819050 28000 0 REVOLVING LOAN FUND PROJECTWISE CONSULTING LLC N7675 DIVISION AVE SPENCER WI 54479 873913746 37500 0 REVOLVING LOAN FUND 18 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE GOVERNING BODY DURING THE MONTHLY BOARD MEETING TO REVIEW AND APPROVE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNINGS BODY'S DELIBERATIONS AND DECISION IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL THE EXECUTIVE DIRECTORS COMPENSATION IS DETERMINED BY THE MEMBERS OF THE GOVERNING BODY WHICH HAS BEEN REVIEWED AND ADJUSTED AS PART OF THE ORGANIZATION'S ANNUAL BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.