Camara De Comercio Hispana De Amarillo FY2022 filing

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To improve the quality of life in the community by promoting economic and educational opportunities with an emphasis on hispanic and minority-owned businesses.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
79¢ of each $1 spent went to programs.
$48K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $29K a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$48K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
19 mo
of spending, in cash
Looks good: 19.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$174K
+25% vs prior year
Spent
$127K
To programs
79%
Net assets
$200K
By yearFY2020–FY2024
Revenue
$174K
FY2022▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$112K
FY2021$139K
FY2022$174K
FY2023$188K
FY2024$188K
Expenses
$127K
FY2022▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$124K
FY2021$87K
FY2022$127K
FY2023$145K
FY2024$172K
Net assets
$200K
FY2022▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$100K
FY2021$152K
FY2022$200K
FY2023$243K
FY2024$259K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $100K Management & general 16% · $20K Fundraising 5% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $48K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$47,673Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jennifer Anguiano’s $25K as Term. Exec. is at the 13th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Jennifer Anguiano$24,562$44,690$47,673$37,971
Ana Ramirez$24,122———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Camara De Comercio Hispana De Amarillo executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Boosts community life by promoting economic and educational chances, especially for Hispanic and minority businesses.

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Provided by the organization

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1 program · $100K · in their own filed words · FY2022
01

To help businesses connect to the hispanic community through active education, networking, and resources.

$100Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $22K · 2024–2024
Wtamu FoundationFY2024$7,500
ThriveFY2024$7,500
Ac FoundationFY2024$7,500

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$174K
Ln 12
Gifts and grantsLn 1h$147K
Other incomeLn 4–11$26K
Investment incomeLn 3$328
Money outPt IX
$127K
Ln 25
Programscol B$100K
Managementcol C$20K
Fundraisingcol D$7K
Owns and owesPt X
$200K
net assets · Ln 32
Cash and savingsLn 1–2$201K
Total assetsLn 16$201K
LiabilitiesLn 26$2K
PeoplePt VI, VII
23
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$147K
Fundraising eventsLn 1c$58K
Investment incomeLn 3$328
Other incomeLn 4–11$26K
Total revenueLn 12$174K
Assets in detailPt X, end of year
CashLn 1$201K
Cash and savings togetherLn 1–2$201K
Total assetsLn 16$201K
LiabilitiesLn 26$2K
Net assetsLn 32$200K
OperationsPt I, VI
EmployeesI 53
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$154K$201K
Total assetsLn 16$154K$201K
LiabilitiesLn 26$1K$2K
Net assetsLn 32$152K$200K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$48K$38K$5K$5K
Other salaries and wagesLn 7$17K$14K$2K$2K
Payroll taxesLn 10$5K$4K$498$498
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$3K$3K$627
Office expensesLn 13$9K$8K$988
Information technologyLn 14$3K$2K$516
OccupancyLn 16$1K$864$216
TravelLn 17$604$483$121
InsuranceLn 23$2K$2K$382
Other expenses (24a–d)Ln 24$27K$25K$2K
All other expensesLn 24e$6K$5K$1K
Total functional expensesLn 25$127K$100K$20K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $188K$172K$16K$259K 990 PDF
FY2023 $188K$145K$43K$243K 990 PDF
FY2022 Viewing $174K$127K$47K$200K 990 PDF
FY2021 $139K$87K$52K$152K 990 PDF
FY2020 $112K$124K−$12K$100K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $174,168 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $148,643$147,483
I-9 Program service revenue$0
I-10 Investment incomePrior year $16$328
I-11 Other revenuePrior year −$9,483$26,357
I-12 Total revenuePrior year $139,176$174,168
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $42,827$69,561
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $44,138$57,275
I-18 Total expensesPrior year $86,965$126,836
I-19 Revenue less expensesPrior year $52,211$47,332
Part VI · Governance 17 of 17 board members independent, 3 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $174,168 across 8 lines filed
VIII-1b Membership dues$84,483
VIII-1c Fundraising events$57,500
VIII-1f All other contributions, gifts and grants$5,500
VIII-1h Total contributions, gifts and grants$147,483
VIII-3 Investment incomeRelated to mission $328$328
VIII-8 Net income from fundraising eventsExcluded from tax $26,313$26,313
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $44$44
VIII-12 Total revenueRelated to mission $372 · Excluded from tax $26,313$174,168
Part IX · Statement of functional expenses $126,836 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $38,137 · Management $4,768 · Fundraising $4,768$47,673
IX-7 Other salaries and wagesPrograms $13,524 · Management $1,691 · Fundraising $1,691$16,906
IX-10 Payroll taxesPrograms $3,986 · Management $498 · Fundraising $498$4,982
IX-11c Accounting feesManagement $6,354$6,354
IX-12 Advertising and promotionPrograms $2,508 · Management $627$3,135
IX-13 Office expensesPrograms $7,635 · Management $988$8,623
IX-14 Information technologyPrograms $2,064 · Management $516$2,580
IX-16 OccupancyPrograms $864 · Management $216$1,080
IX-17 TravelPrograms $483 · Management $121$604
IX-23 InsurancePrograms $1,530 · Management $382$1,912
IX-24 Other expenses (24a–d)Programs $24,704 · Management $2,426$27,130
IX-24e All other expensesPrograms $4,686 · Management $1,171$5,857
IX-25 Total functional expensesPrograms $100,121 · Management $19,758 · Fundraising $6,957$126,836
Part X · Balance sheet $201,343 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $153,884$201,343
X-16 Total assetsStart of year $153,884$201,343
X-25 Other liabilitiesStart of year $1,387$1,514
X-26 Total liabilitiesStart of year $1,387$1,514
X-32 Total net assets or fund balancesStart of year $152,497$199,829
X-33 Total liabilities and net assetsStart of year $153,884$201,343
Part XI · Reconciliation of net assets $199,829 net assets at year end
XI-1 Total revenue$174,168
XI-2 Total expenses$126,836
XI-3 Revenue less expenses$47,332
XI-4 Net assets at start of year$152,497
XI-10 Net assets at end of year$199,829

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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