NYC HISPANIC CHAMBER OF COMMERCE INC

EIN: 204481188 Community Improvement

NYC, NY

Total Revenue
$196,868
Total Expenses
$125,029
Total Assets
$715,373
Net Assets
$700,647
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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
2007
Legal Domicile
NY
Phone
7184235340
Tax Period
2023-03-01 to 2024-02-29

NYC HISPANIC CHAMBER OF COMMERCE INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $197K in total revenue in fiscal year 2023. The organization ran a surplus of $72K, a strong 36% operating margin.

Mission

Represent and advocate for Hispanic Businesses in New York as well as support hispanic youth through sponsorship and scholarship awards.

Program Service Accomplishments

Program 1
Expenses: $106,455 Revenue: $0

Assist new entrepreneurs vitalize existing businesses and assure the growth and success of Hispanic businesses and the clients they serve.

Program 2
Expenses: $11,500 Revenue: $0

Support local not for profit organizations through sponsorship and scholarship funds.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,502
Program Service Revenue $110,700
Investment Income $8,530
Other Revenue $42,136
TOTAL REVENUE $196,868

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,000
Fundraising Expenses $0
Program Expenses $117,955
Other Expenses $94,029
TOTAL EXPENSES $125,029

Year-over-Year Comparison

2023 2022 Change
Revenue $196,868 $193,537 +0.0%
Expenses $125,029 $96,637 +0.3%
Net Income $71,839 $96,900 -0.3%
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

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Governance

Voting Members
10
Independent Members
10
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ralph Declet Board Member 1.00
Director
$0 $0 $0
Francisco Diaz Board Member 1.00
Director
$0 $0 $0
ANDREA GIRALDO Board Member 2.00
Director
$0 $0 $0
Eileen Guzzo Board Member 2.00
Director
$0 $0 $0
Adan MORALES Board Member 2.00
Director
$0 $0 $0
Rochelle Nechin Finance Chair 2.00
Director
$0 $0 $0
Greg Tsougranis Board Member 2.00
Director
$0 $0 $0
FRED YAEGER Board Member 2.00
Director
$0 $0 $0
William Feldman VP 2.00
Officer
$0 $0 $0
Ruben Lugo Pres 5.00
Officer
$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 $196,868 $125,029 $715,373 $71,839
2023 $193,537 $96,637 $643,488 $96,900
2022 $131,720 $64,024 $547,262 $67,696
2019 $197,508 $124,923 $361,814 $72,585
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