Overview
What is Illinois Hispanic Cc Foundation?
The Illinois Hispanic Chamber of Commerce Foundation, located in Chicago, Illinois, primarily focuses on empowering Hispanic entrepreneurs and small business owners. Through their Center for Hispanic Entrepreneurship, they offer a range of business, economic development, and educational programs. These initiatives aim to improve business practices and bolster the success of entrepreneurs, particularly those from historically marginalized and low-income communities. By doing so, the foundation contributes to fostering better economic outcomes for these communities through enterprise ownership.
Is Illinois Hispanic Cc Foundation legitimate?
Illinois Hispanic Cc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Hispanic Cc Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Illinois Hispanic Cc Foundation?
The Illinois Hispanic Chamber of Commerce Foundation, with its Center for Hispanic Entrepreneurship, focuses on developing and providing business, economic development, and educational programs. This is done primarily for entrepreneurs, with a special emphasis on supporting Hispanic business owners. The objective behind these activities is to enhance business practices, boost the success of small businesses, and offer opportunities to historically marginalized and lower-income communities. By doing so, the foundation aims to foster better economic outcomes through business ownership.
What is the revenue of Illinois Hispanic Cc Foundation?
Illinois Hispanic Cc Foundation's revenue in 2023 was $182,200.
Who are the executives of Illinois Hispanic Cc Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Illinois Hispanic Cc Foundation?
Illinois Hispanic Cc Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Illinois Hispanic Cc Foundation
The Illinois Hispanic Chamber of Commerce Foundation, in its mission, focuses on developing and providing business, economic development, and educational programs. This nonprofit organization, through its Center for Hispanic Entrepreneurship, aims to enhance business practices and increase the success of small business owners, particularly Hispanic entrepreneurs. The ultimate goal of these activities is to offer opportunities to historically marginalized and low-income communities, enabling them to achieve better economic outcomes through business ownership.
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Impact
October, 2024
The Illinois Hispanic Chamber of Commerce Foundation significantly impacts the entrepreneurial landscape, particularly for Hispanic business owners. Through its Center for Hispanic Entrepreneurship, the foundation offers targeted business and economic development programs that enhance business practices and increase the success rates of small business owners.
By focusing on historically marginalized communities, the foundation creates pathways for low and moderate-income individuals to improve their economic situations through entrepreneurship. This initiative not only fosters individual success but also contributes to broader economic growth within these communities, empowering entrepreneurs with the skills and resources necessary to navigate the challenges of starting and growing a business. As a result, the foundation plays a crucial role in advancing economic opportunities for Hispanic entrepreneurs, ultimately leading to enriched community well-being.
This information is meant to be a general summary of Illinois Hispanic Cc Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $182,200
Assets and Liabilities:
- Total Assets: $163,024
- Total Liabilities: $0
- Net Assets: $163,024
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Organization Details
Principal Officer
Arabel Alva Rosales
NTEE Category
Code: P51 - Human services
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