Nonprofit · EIN 82-3593693
UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND
Tax-exempt · WASHINGTON, DC 20006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,630,171 | $1,795,380 | -$165,209 | $4,617,377 | $530,955 | $4,086,422 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAMIRO A CAVAZOS | PRESIDENT & CEO Trustee or director, Officer | 5 | $0 | $536,073 | $48,636 |
| FELIPE UGALDE | CHIEF OPERATING OFFICER Officer | 10 | $0 | $210,409 | $29,096 |
| EVELYN BARAHONA | SVP USHCC EDUCATIONAL FUND Highest-paid employee | 40 | $0 | $184,417 | $4,853 |
| MONIKA MANTILLA | CHAIRWOMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALICE RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BETTY MANETTA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CARLOS BECERRA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL GALINDO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JACKIE PUENTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JUAN CARLOS LISCANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN MARTINEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| NELSON REYNERI JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RAUL SALINAS | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 | $0 |
| ROSA SANTANA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RUBEN BARRALES | BOARD MEMBER (ENDED 7/24) Trustee or director | 1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YAMMEL SANCHEZ-OCANA | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAMIRO A CAVAZOS | PRESIDENT & CEO Trustee or director, Officer | 10 | $0 | $473,052 | $6,776 |
| FELIPE UGALDE | SECRETARY Officer | 10 | $0 | $199,252 | $26,151 |
| EVELYN BARAHONA | SVP USHCC EDUCATIONAL FUND Key employee | 40 | $0 | $173,542 | $3,843 |
| ALICE RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BETTY MANETTA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CARLOS BECERRA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL GALINDO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JACKIE PUENTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JUAN CARLOS LISCANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN MARTINEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MONIKA MANTILLA | CHAIRWOMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NELSON REYNERI JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RAUL SALINAS | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 | $0 |
| ROSA SANTANA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RUBEN BARRALES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| YAMMEL SANCHEZ-OCANA | BOARD 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
- Website
- USHCCEDUCATIONALFUND.ORG
- 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.
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
- OTHERSExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,630,171 | $1,795,380 | $4,617,377 | XML |
| 990 | December 2023 | $2,553,888 | $1,901,709 | $4,837,092 | XML |
| 990 | December 2022 | $3,186,023 | $4,065,991 | $4,159,181 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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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