VIRGINIA HISPANIC CHAMBER OF COMMERCE

EIN: 541989885 Community Improvement

NORTH CHESTERFIELD, VA

Total Revenue
$586,222
Total Expenses
$630,358
Total Assets
$50,675
Net Assets
$-260,024
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
VA
Principal Officer
Michel Zajur
Phone
8043064404
Tax Period
2023-01-01 to 2023-12-31

VIRGINIA HISPANIC CHAMBER OF COMMERCE, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $586K in total revenue in fiscal year 2023.

Mission

To build bridges in order to create, promote, and enhance business opportunities for our membership by providing linkage with special emphasis on the Hispanic community.

Program Service Accomplishments

Program 1

Provided workshops, classes, monthly mixers, and networking events to facilitate connections with the Hispanic community and aid in business development.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $66,900
Program Service Revenue $519,322
Investment Income $0
Other Revenue $0
TOTAL REVENUE $586,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,384
Fundraising Expenses $0
Other Expenses $411,974
TOTAL EXPENSES $630,358

Year-over-Year Comparison

2023 2022 Change
Revenue $586,222 $559,039 +0.0%
Expenses $630,358 $553,656 +0.1%
Net Income $-44,136 $5,383 -9.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
3
Volunteers
100

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
$95,958
Total Directors
5
$95,958
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michel Zajur President 40.00
Officer Director
$92,958 $3,000 $95,958
Rebecca Mejia Director 1.00
Director
$0 $0 $0
Hector Alonso Secretary 1.00
Officer Director
$0 $0 $0
Elmer Diaz Director 1.00
Director
$0 $0 $0
Alejandro Suarez Director 1.00
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
2024 No data No data No data No data
2023 $586,222 $630,358 $50,675 $-44,136
2022 $559,039 $553,656 $88,292 $5,383
2021 $432,271 $416,512 $79,653 $15,759
2020 $291,100 $342,116 $65,200 $-51,016
2019 $339,142 $363,471 $113,357 $-24,329
2018 $357,216 $368,861 $130,270 $-11,645
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VIRGINIA HISPANIC CHAMBER OF COMMERCE with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.