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Hobbs Hispano Chamber Of Commerce Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202509041 ✦ Hobbs, NM ✦ Designated as a 501(c)(6)

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Overview

What is Hobbs Hispano Chamber Of Commerce Inc?

Hobbs Hispano Chamber of Commerce Inc is a nonprofit organization situated in Hobbs, dedicating its efforts to boosting, promoting, and fostering the progress and growth of minority-owned businesses within the local community. Their mission focuses on maximizing these enterprises' potential, contributing to their development and expansion. The organization serves as a catalyst, fostering a supportive environment for these businesses to thrive and prosper.


Official website here: www.hispanochamber.org

What do the Facebook reviews say about Hobbs Hispano Chamber Of Commerce Inc?

94% of 15 reviewers on Facebook recommend the Hobbs Hispano Chamber Of Commerce Inc. Here is a summary of their reviews:

Many users praise the organization as a vital community partner, highlighting its positive impact and support for the local area. The general sentiment indicates that the chamber is seen as a valuable asset to the community, enhancing connections and fostering growth.

Overall, there is a strong approval for the services and initiatives offered by the Hobbs Hispano Chamber Of Commerce Inc, suggesting that it effectively fulfills its mission to support local businesses and promote community development.


This AI summary has been generated from reviews found on Facebook.

Is Hobbs Hispano Chamber Of Commerce Inc legitimate?

Hobbs Hispano Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hobbs Hispano Chamber Of Commerce Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.hispanochamber.org

What is the mission statement of Hobbs Hispano Chamber Of Commerce Inc?

The Hobbs Hispano Chamber of Commerce Inc has a mission to foster and enhance the growth and expansion of businesses owned by minorities within its community. This organization aims to optimize the development of these businesses, promoting their success and prosperity. By doing so, the Hobbs Hispano Chamber of Commerce contributes to the economic vitality and diversity of the broader society. The chamber's activities focus on encouraging and supporting minority-owned businesses, thereby fostering an inclusive and thriving business environment.


Official website here: www.hispanochamber.org

Who is the CEO of Hobbs Hispano Chamber Of Commerce Inc?

Sergio Polanco is the President of Hobbs Hispano Chamber Of Commerce Inc. The CEO's salary of Hobbs Hispano Chamber Of Commerce Inc is $48,350 and their total compensation is $48,350.


Official website here: www.hispanochamber.org

What is the revenue of Hobbs Hispano Chamber Of Commerce Inc?

Hobbs Hispano Chamber Of Commerce Inc's revenue in 2022 was $105,767.


Official website here: www.hispanochamber.org

Who are the executives of Hobbs Hispano Chamber Of Commerce Inc and what are their salaries?


Here are 11 key members and their salaries (Hobbs Hispano Chamber Of Commerce Inc's CEO's salary is $48,350 and their total compensation is $48,350):


Kimberly Ortega (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael Moon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Polanco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Davis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Miramontes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Carrasco (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Soto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Estrella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Saenz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Polanco (President & Ceo)
  • Compensation: $48,350
  • Related: $0
  • Other: $0


Official website here: www.hispanochamber.org

Where can I find the form 990EZ for Hobbs Hispano Chamber Of Commerce Inc?

Hobbs Hispano Chamber Of Commerce Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.hispanochamber.org

Learn more at the official website: www.hispanochamber.org

Mission Statement of Hobbs Hispano Chamber Of Commerce Inc

Hobbs Hispano Chamber of Commerce is an organization with a mission to foster and boost the growth of minority-owned businesses within the Hobbs community. Their primary goal is to maximize the development of these businesses, promoting their expansion and success. By doing so, Hobbs Hispano Chamber of Commerce contributes to a diverse and thriving business landscape, encouraging entrepreneurship and economic equity within the community.

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Impact




October, 2024

Hobbs Hispano Chamber of Commerce Inc plays a pivotal role in enhancing the economic landscape of the Hobbs community by focusing on the development and growth of minority-owned businesses. By providing resources, advocacy, and support, it empowers entrepreneurs to succeed and thrive. The Chamber actively promotes local businesses, fostering a sense of community while also contributing to job creation and economic vitality. Its efforts help to cultivate a diverse and inclusive business environment, ensuring that minority-owned enterprises have the tools and opportunities necessary for expansion and success. This focus on community improvement not only strengthens the local economy but also enriches the cultural fabric of Hobbs.




This information is meant to be a general summary of Hobbs Hispano Chamber Of Commerce Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$105,767 (2022)
Expenses
$116,841 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $137
  • Program Service Revenue: $48,000
  • Gross Receipts: $105,767

Assets and Liabilities:

  • Total Assets: $169,217
  • Total Liabilities: $5,930
  • Net Assets: $163,287

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Organization Details

Principal Officer

Sergio Polanco

Main Address

113 N Shipp, Hobbs, NM, 88240

NTEE Category

Code: S41 - Community improvement

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