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Nonprofit · EIN 81-1570243

NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC

Tax-exempt · NEW YORK, NY 10034

Financials

$208K$154K2022$686K$138K2023
Revenue Expenses · by fiscal year end
Financials of NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 29, 2024990 (amended)$685,574$138,149$547,425$1,129,232$527,853$601,379
February 28, 2023990 (amended)$207,714$153,760$53,954$84,852$30,898$53,954
Financial details: 990 for the year ended February 29, 2024

Revenue

Contributions, gifts and grants
$685,574
Membership dues
$266,595
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$86,250
Salaries, compensation and benefits (total)
$94,450
Professional fundraising fees
$0
Legal fees
$15,400
Accounting fees
$6,600

Balance sheet and other

Total assets, start of year
$84,852
Total assets, end of year
$1,129,232
Total liabilities, end of year
$527,853
Net assets, end of year
$601,379
Gross receipts
$685,574
Employees
4
Volunteers
0
Year formed
2022
State of legal domicile
NY

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 February 29, 2024, highest compensation first.

NameTitleHours / weekCompensation
Jeffrey GarciaBoard Member
Officer
8.5$48,228
Elvis SilverioBoard Member
Officer
5.5$30,434
Sandra JaquezBoard Member
Officer
5$28,213
Urbano EstevezBoard Member
Officer
4.5$21,964
990 for the year ended February 28, 2023: 3 people
NameTitleHours / weekCompensation
Sandra JaquezBoard Member
Key employee, Highest-paid employee
5$1,250
Elvis SilverioBoard Member
Highest-paid employee
5$1,250
Urbano EstevezBoard Member
Highest-paid employee
5$1,250

Address and contacts

Address (IRS master file)
233 DYCKMAN ST, NEW YORK, NY 10034-5314
In care of
% SANDRA JAQUEZ
Mailing address (990-N for 2024)
131-15 11 Ave, College Point NY 11356
Principal officer (990 for 2023)
ELVIS SILVERIO, 13115 11TH AVE, COLLEGE POINT, NY 113561957
Principal officer (990-N for 2024)
Sandra Jaquez, 66 Taillon Terrace, Closter NJ 07624
Signed the 990
Kenneth Lester, Accounting Controller
Phone
(509) 440-9931
Return prepared by
NYS Latino Restaurant Bar and Lounge Association I

Mission

To provide support and resources to Latino business owners

990 for the year ended February 29, 2024

Program accomplishments

  • Business consultation collective insight driving successful Entrepreneurship.
    Expenses $98,619
  • Providing events for training seminar and collective education
    Expenses $54,753
  • Compliance and legal insights
    Expenses $19,800

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990-N on file
2023February 29, 2024July 15, 2024990-N on file

IRS record

EIN
81-1570243
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2022
Accounting year ends
February
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Sandra Jaquez
February 28, 2025≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Sandra Jaquez
February 29, 2024≤ $50,000 receipts––e-Postcard
990February 2024$685,574$138,149$1,129,232XML
990February 2023$207,714$153,760$84,852XML

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 81-1570243).

Questions about NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC

What is the EIN of NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC?
The employer identification number (EIN) of NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC is 81-1570243.
Is NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
Are donations to NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended February 28, 2025.
Who is the principal officer of NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC?
The 990 for the year ended February 29, 2024 names ELVIS SILVERIO.
Who are the officers and directors of NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC?
The 990 for the year ended February 29, 2024 lists 4 people; 4 received compensation from the organization, the highest $48,228 (Jeffrey Garcia, Board Member).
How much revenue does NYS LATINO RESTAURANT BAR AND LOUNGE ASSOCIATION INC have?
On its 990 for the year ended February 29, 2024 it reported revenue of $685,574, expenses of $138,149 and total assets of $1,129,232 at year end.

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