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Latino Chamber Of Commerce Of Dane County Inc

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

EIN: 261771853 ✦ Fitchburg, WI ✦ Designated as a 501(c)(6)

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Overview

What is Latino Chamber Of Commerce Of Dane County Inc?

The Latino Chamber of Commerce of Dane County Inc is a prominent nonprofit organization situated in Fitchburg, Wisconsin. Its primary purpose is to foster the economic growth of the local community, particularly the Latino and non-Latino business sector. The organization achieves this through advocacy and various programs. It provides valuable support and promotes the interests of its members, which include small business owners, corporate representatives, and government leaders. The Chamber strives to create a favorable business environment and advance economic development, ensuring fair and equitable access to the marketplace for emerging and existing businesses. The Latino Chamber of Commerce of Dane County has a diverse membership, which it engages through seminars, networking events, and business consultations. These events and services address topics such as business planning, accounting, taxes, and social media, helping both members and non-members grow their businesses. The chamber also organizes traditional networking events called "Enlaces," which showcase members' businesses and encourage collaboration among entrepreneurs and professionals. To keep members and supporters informed, the organization publishes a bi-weekly e-newsletter and a quarterly newsletter. Additionally, it hosts a Latino business radio show called "Mundo de Negocios en la Movida 1480," providing business news, interviews, advice, and financial information for Latino entrepreneurs. With a mission to maximize economic development and job creation, the Latino Chamber of Commerce of Dane County Inc plays an essential role in the local business community, supporting the growth of its diverse membership.


Official website here: www.lccmadison.org

Is Latino Chamber Of Commerce Of Dane County Inc legitimate?

Latino Chamber Of Commerce Of Dane County Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Latino Chamber Of Commerce Of Dane County Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $61,777
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,757

For more financial information, click here


Official website here: www.lccmadison.org

What is the mission statement of Latino Chamber Of Commerce Of Dane County Inc?

The Latino Chamber of Commerce of Dane County Inc's mission is centered around promoting economic development within the Latino community. Their goal is to maximize job creation and economic growth through advocacy and programs that benefit both Latino and non-Latino business communities. They represent and support the interests of their members and community, aiming to create a positive impact on Dane County's economic growth. The chamber is committed to promoting a favorable business climate, advancing economic development, and providing fair, equitable access to the marketplace for emerging and existing businesses. They offer seminars, networking events, and business consultations to help members and non-members, and host events like "Enlaces" to showcase businesses and foster collaboration. Their activities are instrumental in supporting the backbone of the local economy, which is primarily composed of small and medium-sized businesses.


Official website here: www.lccmadison.org

Who is the CEO of Latino Chamber Of Commerce Of Dane County Inc?

Jessica Cavazos is the President And Ceo of Latino Chamber Of Commerce Of Dane County Inc. The CEO's salary of Latino Chamber Of Commerce Of Dane County Inc is $61,094 and their total compensation is $61,777.


Official website here: www.lccmadison.org

What is the revenue of Latino Chamber Of Commerce Of Dane County Inc?

Latino Chamber Of Commerce Of Dane County Inc's revenue in 2022 was $962,927.


Official website here: www.lccmadison.org

Who are the executives of Latino Chamber Of Commerce Of Dane County Inc and what are their salaries?

The average compensation at Latino Chamber Of Commerce Of Dane County Inc during 2022 was $30,817. There are 8 employees and 25 volunteers at Latino Chamber Of Commerce Of Dane County Inc.


Here are 13 key members and their salaries (Latino Chamber Of Commerce Of Dane County Inc's CEO's salary is $61,094 and their total compensation is $61,777):


Victor Villacrez (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Ortiz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandi De La Rosa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Prado (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Feliz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarita Mannigel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcio Sierra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Schaeffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Heide (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Wooldridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugenia Podesta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kornemann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Cavazos (President And Ceo)
  • Compensation: $61,094
  • Related: $0
  • Other: $683


Official website here: www.lccmadison.org

Where can I find the form 990 for Latino Chamber Of Commerce Of Dane County Inc?

Latino Chamber Of Commerce Of Dane County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lccmadison.org

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

Mission Statement of Latino Chamber Of Commerce Of Dane County Inc

The Latino Chamber of Commerce of Dane County Inc is committed to maximizing economic development and job creation in the Latino community. Their mission is to achieve this goal through advocacy and programs that generate success and value for both the Latino and non-Latino business communities. This organization represents and promotes the interests of its members and the community at large, striving to create a favorable business climate, advance economic development, and provide fair, equitable access to the marketplace for emerging and existing businesses.

The Latino Chamber of Commerce of Dane County Inc is particularly focused on supporting small and medium-sized businesses, which form the backbone of the local economy. To achieve this, they offer a variety of seminars, networking events, and business consultations. These events, facilitated by local business experts, cover topics such as developing a business plan, basic QuickBooks, taxes for small businesses, and social media for businesses. Additionally, the chamber hosts its traditional networking event, "Enlaces," which showcases member businesses and fosters collaboration among entrepreneurs and professionals.

In summary, the Latino Chamber of Commerce of Dane County Inc is an advocacy and program-driven organization that aims to promote the economic development of the Latino community. By offering seminars, networking events, and business consultations, they empower small and medium-sized businesses, ultimately contributing to the overall economic growth of Dane County.

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Impact




October, 2024

The Latino Chamber of Commerce of Dane County Inc significantly contributes to the economic development and growth of the Latino community in the Greater Madison area. By acting as a vital connector between Latino and non-Latino businesses, the Chamber advocates for equitable access to resources and opportunities, ensuring that all members can thrive in a competitive marketplace.

Through various programs and initiatives, the Chamber empowers local entrepreneurs with essential skills and knowledge. It conducts seminars on crucial topics ranging from business planning and accounting to mastering social media for business use. These educational offerings have equipped hundreds of participants, fostering a more informed and capable business community.

Networking events, such as the "Enlaces," create spaces for collaboration and partnership among entrepreneurs and professionals. These gatherings not only showcase local businesses but also stimulate inter-business relationships that are essential for collective growth. The bi-weekly e-newsletter and quarterly printed newsletter keep members informed about upcoming events, success stories, and valuable resources.

Additionally, the Latino Chamber's radio show, "Mundo de Negocios en La Movida 1480," serves as a platform for sharing critical business news and insights tailored specifically for Latino entrepreneurs, further reinforcing community ties and enhancing the visibility of Latino businesses in the region.

Overall, the Chamber plays a crucial role in fostering economic growth, job creation, and a supportive network for both emerging and established businesses in Dane County. Its commitment to advocacy and community support underscores the importance of diverse economic ecosystems in driving local prosperity.




This information is meant to be a general summary of Latino Chamber Of Commerce Of Dane County 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
$962,927 (2022)
Expenses
$688,837 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Program Service Revenue: $15,002
  • Gross Receipts: $1,050,339

Assets and Liabilities:

  • Total Assets: $1,734,595
  • Total Liabilities: $1,246,171
  • Net Assets: $488,424

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$14,035

PROGRAM REVENUE

Revenue

$967

Organization Details

Founding Year

2008

Principal Officer

Jessica Cavazos

Main Address

5262 VERONA ROAD, FITCHBURG, WI, 53711

NTEE Category

Code: S41 - Community improvement

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