LONG ISLAND HISPANIC CHAMBER OF CO… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

LUIS VASQUEZ

Phone

5163330105

Tax Period

2023-01-01 to 2023-12-31

LONG ISLAND HISPANIC CHAMBER OF COMMERCE INC, founded in 1990, is a small nonprofit in the Public & Societal Benefit sector that reported $205K in total revenue in fiscal year 2023.

Mission

TO PROMOTE THE UTILIZATION OF HISPANIC ENTERPRISES, MAINTAIN INTEREST IN ACTIVITIES FOR THE HISPANIC BUSINESS COMMUNITY AND TO PROVIDE SCHOLARSHIPS FOR HISPANIC YOUUTH.

Program Service Accomplishments

Program 1

TO PROMOTE HISPANIC BUSINESSES AND TO IMPROVED THE INFORMATION PROVIDE TO HISPANIC BUSINESS.EDUCATED THE COMMUNITY AND OUR BUSINESS OWNERS ON PROGRAMS AVAILABLE TO THEM AND THEIR COMPANIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $193,394

Program Service Revenue $0

Investment Income $0

Other Revenue $11,380

TOTAL REVENUE $204,774

Expense Breakdown

Grants Paid $29,661

Salaries & Benefits $28,950

Fundraising Expenses $0

Other Expenses $142,541

TOTAL EXPENSES $201,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$204,774	N/A	N/A
Expenses	$201,152	N/A	N/A
Net Income	$3,622	N/A	N/A

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUIS VAZQUEZ	PRESIDENT	15.00	Officer	$0	$0	$0
PILAR DELGADO	SECRETARY	5.000	Officer	$0	$0	$0
JOHN OSORNO	TREASURER	5.000	Officer	$0	$0	$0
ELIZABETH CUSTODIO	BOARD MEMBER	5.000	Director	$0	$0	$0
XIOMARA LETO	BOARD MEMBER	5.000	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$204,774	$201,152	$15,654	$3,622
2022	$101,142	$97,761	$3,511	$3,381

LONG ISLAND HISPANIC CHAMBER OF COMMERCE INC