ALBUQUERQUE HISPANO CHAMBER OF COMMERCE FOUNDATION

EIN: 850358453 501(c)(3)

ALBUQUERQUE, NM

Total Revenue
$328,347
Total Expenses
$264,914
Total Assets
$834,807
Net Assets
$413,255
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NM
Principal Officer
ERNEST CDE BACA
Phone
5058429003
Tax Period
2024-07-01 to 2025-06-30

ALBUQUERQUE HISPANO CHAMBER OF COMMERCE FOUNDATION, founded in 1988, is a small nonprofit that reported $328K in total revenue in fiscal year 2024. The organization ran a surplus of $63K, a strong 19% operating margin.

Mission

THE HISPANO CHAMBER OF COMMERCE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WHICH SUPPORT, BENEFIT OR CARRY OUT THE PURPOSES OF THE ALBUQUERQUE HISPANO CHAMBER OF COMMERCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $366,144
Program Service Revenue $0
Investment Income $2,150
Other Revenue $-39,947
TOTAL REVENUE $328,347

Expense Breakdown

Grants Paid $103,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,828
Other Expenses $161,414
TOTAL EXPENSES $264,914

Year-over-Year Comparison

2024 2023 Change
Revenue $328,347 $-19,717 -17.7%
Expenses $264,914 $192,930 +0.4%
Net Income $63,433 $-212,647 -1.3%
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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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
10

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
11
$402,851
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERNEST CDE BACA PRESIDENT CEO 2.00
Officer
$0 $9,000 $162,000
ROBERTA RICCI CHIEF EXPERIENCE OFFICER 2.00
Officer
$0 $9,192 $127,135
CONNIE L LEE CHIEF FINANCIAL OFFICER 2.00
Officer
$0 $6,305 $113,716
RUBEN GARCIA VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAUL MONDRAGON PAST CHAIR 1.00
Officer Director
$0 $0 $0
RYAN CANGIOLOSI TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT DZUR SECRETARY 1.00
Officer Director
$0 $0 $0
ANGELA SERRANO DE RIVERA CHAIR 1.00
Officer Director
$0 $0 $0
CASEY ANGLADA DERAAD CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
NICOLE ABREU VICE CHAIR 1.00
Officer Director
$0 $0 $0
MATTHEW JARAMILLO VICE CHAIR 1.00
Officer 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 $328,347 $264,914 $834,807 $63,433
2024 No data No data No data No data
2023 $403,768 $376,112 $774,803 $27,656
2022 $389,658 $343,505 $849,578 $46,153
2021 $339,290 $137,241 $662,362 $202,049
2020 $281,063 $256,226 $453,625 $24,837
2019 $309,694 $240,396 $454,167 $69,298
2018 $181,486 $130,468 $351,116 $51,018
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