Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA is a Hobbs-based nonprofit focused on scholarships and financial aid, as well as business promotion. Its mission is to provide scholarships for high school seniors in the Hobbs community who plan to attend college or university, and to sponsor public informational events centered on education and culture. With a 2025 operating budget of $126.1K and total revenue of $156.8K, it operates at a modest scale; its listed top funder is JF Maddox Foundation, which contributed $374.1K in 2024.

Mission Statement

PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL SENIORS IN THE HOBBS COMMUNITY, WHO WISH TO ATTEND A COLLEGE OR UNIVERSITY. SPONSOR OTHER INFORMATIONAL EVENTS OPEN TO THE PUBLIC, WHICH FOCUS ON EDUCATION AND CULTURE.
Revenues
$232.4K
Expenses
$201.5K
Net Income:
+$30.9K
Assets
$179K
Liabilities
$0
Net Assets:
+$179K
Operating Budget
$201.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$146.7K
Largest grant received
$146.7K
O
Oscar Gonzalez
Board Member
S
Stephany Flores
Board Member
A
Alberto Caballero
Board Member
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  • 1 funders
  • 16 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA’s budget?
In 2024, HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA reported an annual operating budget of around $202 thousand. More detailed financial information is available to registered users.
What causes does HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA support?
HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA supports work in Business promotion and Scholarships & Financial Aid.
Where does HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA operate?
HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA is headquartered in Hobbs, NM.
Who funded HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA recently?
In 2024, HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA received grants from JF Maddox Foundation, JF Maddox Foundation, and JF Maddox Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA received in 2024?
The largest grant to HOBBS HISPANO CHAMBER OF COMMERCE FOUNDA in 2024 exceeds $147 thousand.