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Nonprofit · EIN 86-0685240

ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION

Tax-exempt · PHOENIX, AZ 85016

Financials

$2.1M$1.9M2023$2.6M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,609,033$2,602,278$6,755$1,772,268$834,111$938,157
December 31, 2023990$2,072,139$1,927,846$144,293$1,970,882$1,039,479$931,403
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,554,598
of which government grants
$1,717,357
Program service revenue
$0
Investment income
$69,323
Net income from fundraising events
-$14,888
Other revenue
-$14,888

Expenses

Grants and similar amounts paid
$92,000
Other salaries and wages
$1,191,998
Salaries, compensation and benefits (total)
$1,347,556
Professional fundraising fees
$46,230
Accounting fees
$17,773
Occupancy
$13,250
Travel
$150,805
Depreciation
$1,400
Program services (functional)
$2,556,048
Fundraising (functional)
$46,230

Balance sheet and other

Total assets, start of year
$1,970,882
Total assets, end of year
$1,772,268
Total liabilities, end of year
$834,111
Net assets, end of year
$938,157
Net assets without donor restrictions
$663,186
Net assets with donor restrictions
$274,971
Gross receipts
$2,654,471
Employees
0
Volunteers
18
Year formed
1991
State of legal domicile
AZ

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
MONICA VILLALOBOSPRESIDENT/CEO
Trustee or director, Officer
5$0$233,721$20,000
CARLOS VALDIVIAVICE PRESIDENT - ADMINISTRATION AND FINANCE
Officer
5$0$126,204$9,876
ALIKA KUMARMBDA CENTER EXECUTIVE DIRECTOR
Highest-paid employee
40$0$115,556$10,284
KAAREN-LYN GRAVESCRP EXECUTIVE DIRECTOR
Highest-paid employee
40$0$116,565$0
JOHN RAMIREZCHAIR
Trustee or director, Officer
0.5$0$0$0
LORENA VALENCIACO-VICE CHAIR - EXTERNAL A
Trustee or director, Officer
0.5$0$0$0
TOMAS LEONCHAIR - AZHCC FOUNDATION
Trustee or director, Officer
1$0$0$0
TANYA M MUNIZTREASURER
Trustee or director, Officer
0.5$0$0$0
TABATHA LAVOIESECRETARY
Trustee or director, Officer
0.5$0$0$0
JAVIER FELICIANOHR COUNSEL
Trustee or director, Officer
0.5$0$0$0
LEONARDO LOOLEGAL COUNSEL
Trustee or director
0.5$0$0$0
ARMANDO A ROMANFINANCE COUNSEL
Trustee or director
0.5$0$0$0
ANNETTE MUSAIMMEDIATE PAST CHAIR
Trustee or director
0.5$0$0$0
LISA URIASCHAIR EMERITUS
Trustee or director
0.5$0$0$0
TONY ASTORGACHAIR EMERITUS
Trustee or director
0.5$0$0$0
29 more people on this return
NameTitleHours / weekCompensation
RUBEN ALONZODIRECTOR
Trustee or director
0.5$0
JULIE ANN ALVARADO-DUBEKDIRECTOR
Trustee or director
0.5$0
OMAR ALVAREZDIRECTOR
Trustee or director
0.5$0
AMY BRUSKEDIRECTOR
Trustee or director
0.5$0
GREGORY L BYRDDIRECTOR
Trustee or director
0.5$0
CHRIS CAMACHODIRECTOR
Trustee or director
0.5$0
CARLOS CASTILLODIRECTOR
Trustee or director
0.5$0
MARIA R CHAVIRA PHDDIRECTOR
Trustee or director
0.5$0
WASHINGTON COVENADIRECTOR
Trustee or director
0.5$0
GABE DOAKDIRECTOR
Trustee or director
0.5$0
ALEXIS ESPINOSADIRECTOR
Trustee or director
0.5$0
IVAN O GARCIADIRECTOR
Trustee or director
0.5$0
BONSAL GLASCOCKDIRECTOR
Trustee or director
0.5$0
ASHLEY V KELLYDIRECTOR
Trustee or director
0.5$0
STEPHANIE LOPEZ-GILLMOREDIRECTOR
Trustee or director
0.5$0
STEVEN J LOPEZDIRECTOR
Trustee or director
0.5$0
STEVE MACIASDIRECTOR
Trustee or director
0.5$0
JUAN PABLO MARQUEZDIRECTOR
Trustee or director
0.5$0
MELISSA MCDONALDDIRECTOR
Trustee or director
0.5$0
DANIEL R ORTEGA JRDIRECTOR
Trustee or director
0.5$0
ISRAEL ORTIZDIRECTOR
Trustee or director
0.5$0
ANDREW C PACHECODIRECTOR
Trustee or director
0.5$0
MARIO PANIAGUADIRECTOR
Trustee or director
0.5$0
MICHELLE RUTTLEDIRECTOR
Trustee or director
0.5$0
JOHN SIZERDIRECTOR
Trustee or director
0.5$0
TINA MARIE TENTORIDIRECTOR
Trustee or director
0.5$0
MAYRA URIBEDIRECTOR
Trustee or director
0.5$0
LORENA C VAN ASSCHEDIRECTOR
Trustee or director
0.5$0
MARIAN ZAPATA-ROSSADIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 40 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MONICA VILLALOBOSPRESIDENT/CEO
Trustee or director, Officer
5$0$202,660$18,300
ALIKA KUMAREXECUTIVE DIRECTOR OF MBDA
Highest-paid employee
40$0$110,947$10,616
JOHN RAMIREZCHAIR
Trustee or director, Officer
0.5$0$0$0
LORENA VALENCIACO-VICE CHAIR - EXTERNAL A
Trustee or director, Officer
0.5$0$0$0
TOMAS LEONCHAIR - AZHCC FOUNDATION
Trustee or director, Officer
1$0$0$0
TANYA M MUNIZTREASURER
Trustee or director, Officer
0.5$0$0$0
TABATHA LAVOIESECRETARY
Trustee or director, Officer
0.5$0$0$0
JAVIER FELICIANOHR COUNSEL
Trustee or director, Officer
0.5$0$0$0
LEONARDO LOOLEGAL COUNSEL
Trustee or director
0.5$0$0$0
ARMANDO A ROMANFINANCE COUNSEL
Trustee or director
0.5$0$0$0
ANNETTE MUSAIMMEDIATE PAST CHAIR
Trustee or director
0.5$0$0$0
LISA URIASCHAIR EMERITUS
Trustee or director
0.5$0$0$0
TONY ASTORGACHAIR EMERITUS
Trustee or director
0.5$0$0$0
RUBEN ALONZODIRECTOR
Trustee or director
0.5$0$0$0
JULIE ANN ALVARADO-DUBEKDIRECTOR
Trustee or director
0.5$0$0$0
OMAR ALVAREZDIRECTOR
Trustee or director
0.5$0$0$0
GREGORY L BYRDDIRECTOR
Trustee or director
0.5$0$0$0
CHRIS CAMACHODIRECTOR
Trustee or director
0.5$0$0$0
CARLOS CASTILLODIRECTOR
Trustee or director
0.5$0$0$0
MARIA R CHAVIRA PHDDIRECTOR
Trustee or director
0.5$0$0$0
WASHINGTON COVENADIRECTOR
Trustee or director
0.5$0$0$0
ALEXIS ESPINOSADIRECTOR
Trustee or director
0.5$0$0$0
IVAN O GARCIADIRECTOR
Trustee or director
0.5$0$0$0
BONSAL GLASCOCKDIRECTOR
Trustee or director
0.5$0$0$0
ASHLEY V KELLYDIRECTOR
Trustee or director
0.5$0$0$0
STEPHANIE LOPEZ-GILLMOREDIRECTOR
Trustee or director
0.5$0$0$0
STEVEN J LOPEZDIRECTOR
Trustee or director
0.5$0$0$0
STEVE MACIASDIRECTOR
Trustee or director
0.5$0$0$0
JUAN PABLO MARQUEZDIRECTOR
Trustee or director
0.5$0$0$0
MELISSA MCDONALDDIRECTOR
Trustee or director
0.5$0$0$0
DANIEL R ORTEGA JRDIRECTOR
Trustee or director
0.5$0$0$0
ISRAEL ORTIZDIRECTOR
Trustee or director
0.5$0$0$0
ANDREW C PACHECODIRECTOR
Trustee or director
0.5$0$0$0
MARIO PANIAGUADIRECTOR
Trustee or director
0.5$0$0$0
MICHELLE RUTTLEDIRECTOR
Trustee or director
0.5$0$0$0
JOHN SIZERDIRECTOR
Trustee or director
0.5$0$0$0
TINA MARIE TENTORIDIRECTOR
Trustee or director
0.5$0$0$0
MAYRA URIBEDIRECTOR
Trustee or director
0.5$0$0$0
LORENA C VAN ASSCHEDIRECTOR
Trustee or director
0.5$0$0$0
MARIAN ZAPATA-ROSSADIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
2801 E CAMELBACK RD STE 200, PHOENIX, AZ 85016-4363
In care of
% MONICA VILLAOBOS
Principal officer (990 for 2024)
MONICA S VILLALOBOS, 2801 E CAMELBACK RD 200, PHOENIX, AZ 85016
Signed the 990
MONICA S VILLALOBOS, PRESIDENT/CEO
Phone
(602) 279-1800
Return prepared by
HEINFELD MEECH & CO PC

Mission

PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO SUPPORT STATEWIDE ECONOMIC AND BUSINESS DEVELOPMENT EFFORTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION'S MISSION IS TO PROMOTE THE GOALS OF HISPANIC AND MINORITY-OWNED BUSINESSES BY ENGAGING ARIZONA HISPANIC CHAMBER OF COMMERCE MEMBERS, SUPPORTERS, AND COMMUNITY PARTNERS IN PHILANTHROPIC AND COMMUNITY-BASED ACTIVITIES THAT PROMOTE STATEWIDE ECONOMIC DEVELOPMENT, EDUCATIONAL ACHIEVEMENT, CIVIL ENGAGEMENT AND THE SHARING OF KNOWLEDGE AND MARKET INTELLIGENCE THAT BENEFITS THE GROWTH AND SUCCESS OF THE CHAMBER'S MEMBERS, ARIZONA AND THE STATE'S GROWING LATINO COMMUNITY. THE BUSINESS FOR ECONOMIC DIVERSITY AND EXCELLENCE, THE "CENTER" IS A PROGRAM UNDER THE FOUNDATION WHICH SERVES AS A VISIBLE AND ACCESSIBLE PLACE OF LEARNING AND EMPOWERMENT - A UNIFIED AND CREDITABLE VOICE REPRESENTING SMALL BUSINESS OWNERS AND THE GREATER HISPANIC COMMUNITY. THE CENTER IS SUPPORTED THROUGH A COMBINATION OF FEDERAL FUNDS, LOCAL GOVERNMENT SUPPORT, CORPORATE INVESTMENT, AND PHILANTHROPIC CONTRIBUTIONS.
    Expenses $2,556,048 · grants $92,000

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
86-0685240
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,772,268
Income (IRS master file)
$2,654,471

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,609,033$2,602,278$1,772,268XML
990December 2023$2,072,139$1,927,846$1,970,882XML
990December 2022$1,741,555$1,650,048$1,905,039IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 86-0685240).

Questions about ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION

What is the EIN of ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION?
The employer identification number (EIN) of ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION is 86-0685240.
Is ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION 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 ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION 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 ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION 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 ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION?
The 990 for the year ended December 31, 2024 names MONICA S VILLALOBOS.
Who are the officers and directors of ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION?
The 990 for the year ended December 31, 2024 lists 44 people; 0 received compensation from the organization.
How much revenue does ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,609,033, expenses of $2,602,278 and total assets of $1,772,268 at year end.

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