HIDALGO CHAMBER OF COMMERCE

EIN: 741877735 Community Improvement

Hidalgo, TX

Total Revenue
$12,487
Total Expenses
$14,250
Total Assets
N/A
Net Assets
N/A
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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
1976
Legal Domicile
TX
Principal Officer
RUTH HINOJOSA
Phone
9568432734
Tax Period
2023-10-01 to 2024-09-30

HIDALGO CHAMBER OF COMMERCE, founded in 1976, is a micro nonprofit in the Community Improvement sector that reported $12K in total revenue in fiscal year 2023. Expenses of $14K exceeded revenue, resulting in a 14% operating deficit.

Mission

ECONOMIC DEVELOPMENT AND BUSINESS SEMINARS ARE PROVIDED TO PROSPECTIVE BUSINESSES AND CURRENT ONES IN HIDALALGO, TX

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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 $0
Program Service Revenue $12,965
Investment Income $0
Other Revenue $-478
TOTAL REVENUE $12,487

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,250
Other Expenses $14,250
TOTAL EXPENSES $14,250

Year-over-Year Comparison

2023 2022 Change
Revenue $12,487 $-14,552 -1.9%
Expenses $14,250 $52,613 -0.7%
Net Income $-1,763 $-67,165 -1.0%
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
6
Independent Members
6
Employees
15
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUTH HINOJOSA VOLUNTEER DIRECTOR 002.00
Director
$0 $0 $0
VICTOR RIOS DIRECTOR 002.00
Director
$0 $0 $0
ALMA ALANIS DIRECTOR 002.00
Director
$0 $0 $0
ESTRELL MORON DIRECTOR 002.00
Director
$0 $0 $0
JUAN ZAMBRANO DIRECTOR 002.00
Director
$0 $0 $0
ALEX ZUNIGA DIRECTOR 002.00
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 $12,487 $14,250 No data $-1,763
2023 $-14,552 $52,613 $33,660 $-67,165
2022 $-17,042 $41,617 $28,373 $-58,659
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