Overview

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Est.

1989

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Michigan Hispanic Chamber of Commerce is dedicated to assisting Hispanic and minority businesses in Michigan by expanding their customer bases, strengthening their business skills, and promoting networking within the business community. With an operating budget of $686.9K and total revenue of $729.2K for the filing year 2024, the organization relies on key funders such as United States Hispanic Chamber of Commerce Educational Fund and Ilitch Charities Inc, but does not depend on any single funder for 50% or more of its revenue. More information can be found on their website at www.mhcc.org.

Mission Statement

THE MICHIGAN HISPANIC CHAMBER OF COMMERCE WAS FORMED FOR THE PURPOSE OF ASSISTING HISPANIC & MINORITY BUSINESSES IN THE STATE OF MICHIGAN IN EXPANDING THEIR CUSTOMER BASES,STRENGTHING THEIR BUSINESS SKILLS, NETWORKING WITH OTHERS IN THE BUSINESS COMMUNITY AND PROMOTING ITS MEMBERS' BUSINESSES.
Revenues
$729.2K
Expenses
$716.9K
Net Income:
+$12.3K
Assets
$629.4K
Liabilities
$262.1K
Net Assets:
+$367.3K
Operating Budget
$686.9K
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$48K
Largest grant received
$48K
M
Mark Moreno
Board Member
R
Richelle Gonzalez
Board Member
J
Jesse Lopez
Board Member

Frequently Asked Questions

What is MICHIGAN HISPANIC CHAMBER OF COMMERCE’s budget?
In 2024, MICHIGAN HISPANIC CHAMBER OF COMMERCE reported an annual operating budget of around $687 thousand. More detailed financial information is available to registered users.
What causes does MICHIGAN HISPANIC CHAMBER OF COMMERCE support?
MICHIGAN HISPANIC CHAMBER OF COMMERCE supports work in Business promotion.
Where does MICHIGAN HISPANIC CHAMBER OF COMMERCE operate?
MICHIGAN HISPANIC CHAMBER OF COMMERCE is headquartered in Ferndale, MI.
Who funded MICHIGAN HISPANIC CHAMBER OF COMMERCE recently?
In 2024, MICHIGAN HISPANIC CHAMBER OF COMMERCE received grants from UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND, UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND, and ILITCH CHARITIES INC. More information on this organization’s funders is available to registered users.
What is the largest grant MICHIGAN HISPANIC CHAMBER OF COMMERCE received in 2024?
The largest grant to MICHIGAN HISPANIC CHAMBER OF COMMERCE in 2024 exceeds $48 thousand.