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Nonprofit · EIN 82-3593693

UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND

Tax-exempt · WASHINGTON, DC 20006

Financials

$2.6M$1.9M2023$1.6M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,630,171$1,795,380-$165,209$4,617,377$530,955$4,086,422
December 31, 2023990$2,553,888$1,901,709$652,179$4,837,092$585,461$4,251,631
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,622,854
of which government grants
$292,678
Program service revenue
$0
Investment income
$7,317
Other revenue
$0

Expenses

Grants and similar amounts paid
$872,269
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,320
Accounting fees
$44,116
Occupancy
$2,970
Travel
$20,909
Program services (functional)
$1,591,459
Management and general (functional)
$149,411
Fundraising (functional)
$54,510

Balance sheet and other

Total assets, start of year
$4,837,092
Total assets, end of year
$4,617,377
Total liabilities, end of year
$530,955
Net assets, end of year
$4,086,422
Net assets without donor restrictions
$2,353,897
Net assets with donor restrictions
$1,732,525
Gross receipts
$1,630,171
Employees
0
Volunteers
14
Year formed
2017
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 / weekCompensationFrom related orgsOther / benefits
RAMIRO A CAVAZOSPRESIDENT & CEO
Trustee or director, Officer
5$0$536,073$48,636
FELIPE UGALDECHIEF OPERATING OFFICER
Officer
10$0$210,409$29,096
EVELYN BARAHONASVP USHCC EDUCATIONAL FUND
Highest-paid employee
40$0$184,417$4,853
MONIKA MANTILLACHAIRWOMAN OF THE BOARD
Trustee or director, Officer
1$0$0$0
ALICE RODRIGUEZBOARD MEMBER
Trustee or director
1$0$0$0
BETTY MANETTABOARD MEMBER
Trustee or director
1$0$0$0
CARLOS BECERRABOARD MEMBER
Trustee or director
1$0$0$0
DANIEL GALINDOBOARD MEMBER
Trustee or director
1$0$0$0
JACKIE PUENTEBOARD MEMBER
Trustee or director
1$0$0$0
JUAN CARLOS LISCANOBOARD MEMBER
Trustee or director
1$0$0$0
KATHLEEN MARTINEZBOARD MEMBER
Trustee or director
1$0$0$0
NELSON REYNERI JRBOARD MEMBER
Trustee or director
1$0$0$0
RAUL SALINASGENERAL COUNSEL
Trustee or director
1$0$0$0
ROSA SANTANABOARD MEMBER
Trustee or director
1$0$0$0
RUBEN BARRALESBOARD MEMBER (ENDED 7/24)
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
YAMMEL SANCHEZ-OCANABOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAMIRO A CAVAZOSPRESIDENT & CEO
Trustee or director, Officer
10$0$473,052$6,776
FELIPE UGALDESECRETARY
Officer
10$0$199,252$26,151
EVELYN BARAHONASVP USHCC EDUCATIONAL FUND
Key employee
40$0$173,542$3,843
ALICE RODRIGUEZBOARD MEMBER
Trustee or director
1$0$0$0
BETTY MANETTABOARD MEMBER
Trustee or director
1$0$0$0
CARLOS BECERRABOARD MEMBER
Trustee or director
1$0$0$0
DANIEL GALINDOBOARD MEMBER
Trustee or director
1$0$0$0
JACKIE PUENTEBOARD MEMBER
Trustee or director
1$0$0$0
JUAN CARLOS LISCANOBOARD MEMBER
Trustee or director
1$0$0$0
KATHLEEN MARTINEZBOARD MEMBER
Trustee or director
1$0$0$0
MONIKA MANTILLACHAIRWOMAN OF THE BOARD
Trustee or director, Officer
1$0$0$0
NELSON REYNERI JRBOARD MEMBER
Trustee or director
1$0$0$0
RAUL SALINASGENERAL COUNSEL
Trustee or director
1$0$0$0
ROSA SANTANABOARD MEMBER
Trustee or director
1$0$0$0
RUBEN BARRALESBOARD MEMBER
Trustee or director
1$0$0$0
YAMMEL SANCHEZ-OCANABOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
750 17TH ST NW STE 825, WASHINGTON, DC 20006-4775
In care of
% FELIPE UGALDE
Principal officer (990 for 2024)
RAMIRO CAVAZOS, 750 17TH ST NW 825, WASHINGTON, DC 20006
Signed the 990
RAMIRO CAVAZOS, PRESIDENT & CEO
Phone
(202) 842-1212
Return prepared by
CBIZ ADVISORS LLC

Mission

THE MISSION OF THE USHCC EDUCATIONAL FUND IS TO EDUCATE, TRAIN, BUILD CAPACITY, CONDUCT RESEARCH, PROVIDE LEADERSHIP DEVELOPMENT OPPORTUNITIES, EXPAND ACCESS TO CAPITAL, AND CREATE GRANT FUNDING FOR HISPANIC BUSINESSES THROUGH A NATIONAL NETWORK OF 250+ HISPANIC CHAMBERS OF COMMERCE.

990 for the year ended December 31, 2024

Program accomplishments

  • ELEVATE TOGETHER DIRECTLY SUPPORTS BLACK AND HISPANIC SMALL BUSINESS OWNERS WITH THE MISSION OF HELPING LOCAL ECONOMIES, FOSTERING JOB CREATION, AND HELPING TO CLOSE THE RACIAL WEALTH GAP. IN PARTNERSHIP WITH THE ODP CORPORATION AND ROUND IT UP AMERICA, THE INITIATIVE HELPS SUPPORT SMALL BUSINESSES WITH FIVE OR FEWER EMPLOYEES THROUGH TECHNICAL ASSISTANCE GRANTS, PROGRAMS, AND MENTORSHIP.
    Expenses $469,950 · grants $465,000
  • SUPPLIER AVANZANDO PROGRAM IS A COHORT-BASED PROGRAM DESIGNED FOR CERTIFIED SUPPLIERS LOOKING TO COMPETE SUCCESSFULLY IN THE SUPPLY CHAIN LANDSCAPE AND LEARN THE SKILLS NECESSARY TO MEET COMPLEX SUPPLIER REQUIREMENTS, DOMESTICALLY AND INTERNATIONALLY.
    Expenses $345,455
  • MBDA CAPITAL READINESS PROGRAM PROVIDES TARGETED TECHNICAL ASSISTANCE AND PROGRAMMING FOR SMALL BUSINESSES AND ENTREPRENEURS SEEKING TO SCALE THEIR BUSINESSES WITH VARIOUS FORMS OF CAPITAL, FACILITATES INTRODUCTIONS WITH GOVERNMENT PROGRAMS, SUCH AS STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI), AND ACCELERATES THE CAPACITY AND GROWTH OF SMALL BUSINESSES IN LINE WITH THE MISSION OF OUR ORGANIZATION AND THAT OF THE CAPITAL READINESS PROGRAM.
    Expenses $292,678 · grants $190,000
  • CHAMBER COMMUNITY GRANT PROGRAM PARTNERS WITH ORGANIZATIONS COMMITTED TO SUPPORTING THE SMALL BUSINESS AND ENTREPRENEUR ECOSYSTEM THROUGH CHAMBER INVESTMENTS WITH LOCAL CHAMBERS.
    Expenses $110,000 · grants $110,000
  • AVANZAR ("TO ADVANCE" IN SPANISH) IS A SIX- TO EIGHT-MONTH BUSINESS ACCELERATOR PROGRAM DESIGNED TO TAKE HISPANIC BUSINESSES TO THE NEXT LEVEL WITH CURATED SKILLS-BUILDING SESSIONS, RESOURCES, TOOLS, AND AN ACTION PLAN TO POSITION PARTICIPANTS FOR SUCCESS. AVANZAR PARTICIPANTS WILL COME AWAY WITH AN UPDATED BUSINESS PLAN, KNOWLEDGE OF HOW BEST TO ACCESS CAPITAL FOR THEIR BUSINESS, AND WORKSHOPS AIMED AT STRENGTHENING OPERATIONS AND MARKETING CAPABILITIES TO SUPPORT THEIR VISION OF SCALING THEIR BUSINESS.AVANZAR WAS LAUNCHED IN 2019 THANKS TO THE INVESTMENT AND PARTNERSHIP OF WELLS FARGO. SINCE 2019, AVANZAR HAS EXPANDED TO SUPPORT HISPANIC BUSINESSES IN ADDITIONAL CITIES AND REGIONS, THANKS TO SUPPORT FROM USAA AND PHILIP MORRIS INTERNATIONAL, WHO HAVE JOINED WELLS FARGO IN THE MISSION TO ADVANCE HISPANIC BUSINESSES READY TO GROW WITH AVANZAR.
    Expenses $109,891 · grants $100,000
  • IN HER FOOTSTEPS IS A MOVEMENT TO HIGHLIGHT LATINA LEADERSHIP THROUGH PERSONAL STORIES OF TRIUMPH, INSPIRATION, AND RESILIENCE. THIS INITIATIVE AIMS TO PROVIDE THE COMMUNITY WITH HELPFUL INFORMATION, RESOURCES, AND STRATEGIES TO SUPPORT ENTREPRENEURS AND EXECUTIVES THROUGH THE CONTRIBUTIONS OF LATINA LEADERS ACROSS ALL SECTORS.IN HER FOOTSTEPS WAS INITIALLY LAUNCHED IN 2018, THANKS TO THE PARTNERSHIP AND COMMUNITY INVESTMENTS OF BANK OF AMERICA TO DEVELOP A PODCAST TO FEATURE LATINA EXECUTIVES FROM ALL SECTORS TO SHARE WHAT IT'S LIKE TO FOLLOW IN HER FOOTSTEPS. THE PODCAST HAS SINCE BECOME A DIGITAL SERIES LAUNCHING LATER THIS YEAR AND WILL FEATURE 10 LATINA ENTREPRENEURS ON WHAT THEY HAVE LEARNED RUNNING AND GROWING A BUSINESS, INCLUDING TOPICS SUCH AS ACCESS TO CAPITAL AND BALANCING THEIR FAMILY AND BUSINESS NEEDS.THE USHCC EDUCATIONAL FUND IS LOOKING TO EXPAND ITS PROGRAMMING TO ADDRESS OPPORTUNITIES TO UPLIFT LATINAS ACROSS ALL SECTORS AND DEVELOP A SPACE TO NURTURE AND SUPPORT THEIR JOURNEY.
    Expenses $16,300
  • THE USHCC GREEN BUILDS BUSINESS PROGRAM SEEKS TO OFFER HISPANIC BUSINESSES TO BECOME GREEN SUPPLIERS AND BEING PART OF THE SOLUTION TO TRANSFORM THE SUPPLY CHAIN WITH PROVEN GREEN BEST PRACTICES. PROGRAM PARTICIPANTS RECEIVE BUSINESS COACHING ON HOW TO IDENTIFY, DESIGN, AND IMPLEMENT GREEN PROJECTS WITH AN AIM TO ACHIEVE A TRIPLE BOTTOM LINE OF RESULTS THAT LOWER COSTS, REDUCE ENVIRONMENTAL IMPACTS, AND SUPPORT THE WELL-BEING OF COMMUNITIES. THIS PROGRAM WAS LAUNCHED WITH THE SUPPORT OF TOYOTA COMMITTED TO GREENING THE SUPPLY CHAIN AT THEIR ORGANIZATION AND BY INVESTING IN HISPANIC SUPPLIERS INTERESTED TO LEARN HOW TO INTEGRATE GREEN BEST PRACTICES INTO THEIR BUSINESS OPERATIONS.
    Expenses $13,537
  • OTHERS
    Expenses $233,648 · grants $7,269

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
82-3593693
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B01)
Assets (IRS master file)
$4,617,377
Income (IRS master file)
$1,630,171

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,630,171$1,795,380$4,617,377XML
990December 2023$2,553,888$1,901,709$4,837,092XML
990December 2022$3,186,023$4,065,991$4,159,181IRS
990December 2021–––IRS
990December 2020–––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 82-3593693).

Questions about UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND

What is the EIN of UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND?
The employer identification number (EIN) of UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND is 82-3593693.
Is UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND 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 UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND 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 UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND 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 UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND?
The 990 for the year ended December 31, 2024 names RAMIRO CAVAZOS.
Who are the officers and directors of UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,630,171, expenses of $1,795,380 and total assets of $4,617,377 at year end.

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