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Greater Dallas Hispanic Chamber Of Commerce

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

EIN: 751394176 ✦ Dallas, TX ✦ Designated as a 501(c)(6)

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Overview

What is Greater Dallas Hispanic Chamber Of Commerce?

The Greater Dallas Hispanic Chamber of Commerce (GDHCC) is a thriving nonprofit organization situated in Dallas, Texas. With a strong commitment to supporting the Hispanic business community, GDHCC has established a partnership with the Dallas Independent School District (DISD) for over 18 years. This partnership enables GDHCC to provide funding for services, enabling Minority and Women-owned Business Enterprises (M/WBEs) to compete effectively for contracts with DISD. The GDHCC's performance has consistently surpassed expectations, securing funds through a competitive process due to its successful operation. The GDHCC serves as a liaison between the Hispanic business community and DISD, disseminating information about upcoming procurement opportunities and collaborating with DISD's other M/WBE partners to offer support. Their mission is to foster growth and empowerment within the Hispanic business community in North Texas, promoting a vibrant and thriving economic landscape. With a dedicated workforce of 7 employees, GDHCC continues to make significant strides in achieving its mission.


Official website here: www.gdhcc.com

What do the Facebook reviews say about Greater Dallas Hispanic Chamber Of Commerce?

100% of 42 reviewers on Facebook recommend the Greater Dallas Hispanic Chamber of Commerce. Here is a summary of their reviews:

The organization is highly praised for its strong commitment to supporting small businesses within the community. Reviewers highlight the effective resources and assistance provided, emphasizing the chamber's dedication to fostering growth and development for local entrepreneurs.

Overall, the sentiment is overwhelmingly positive, with many expressing appreciation for the opportunities and networking connections facilitated by the chamber. Users feel confident in the organization's mission and its impact on the Hispanic business community in the Dallas area.


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

Is Greater Dallas Hispanic Chamber Of Commerce legitimate?

Greater Dallas Hispanic Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Dallas Hispanic Chamber Of Commerce 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: $467,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gdhcc.com

What is the mission statement of Greater Dallas Hispanic Chamber Of Commerce?

The Greater Dallas Hispanic Chamber of Commerce's mission is centered around growing and supporting the Hispanic business community in North Texas. They aim to provide necessary resources and opportunities for Minority and Women-owned Enterprises (M/WBEs) to compete effectively in the market. This is achieved through partnerships, such as the one with the Dallas Independent School District (DISD), which has been ongoing for over 18 years. The chamber successfully operates and surpasses performance requirements, securing funding through a competitive process. As a liaison, the chamber facilitates vendor engagement with DISD, disseminates relevant procurement opportunities to its members, and collaborates with other M/WBE partners to offer support.


Official website here: www.gdhcc.com

Who is the CEO of Greater Dallas Hispanic Chamber Of Commerce?

Ricardo Ortiz is the Board Member of Greater Dallas Hispanic Chamber Of Commerce.


Official website here: www.gdhcc.com

What is the revenue of Greater Dallas Hispanic Chamber Of Commerce?

Greater Dallas Hispanic Chamber Of Commerce's revenue in 2022 was $742,187.


Official website here: www.gdhcc.com

Who are the executives of Greater Dallas Hispanic Chamber Of Commerce and what are their salaries?

The average compensation at Greater Dallas Hispanic Chamber Of Commerce during 2022 was $66,816. There are 7 employees at Greater Dallas Hispanic Chamber Of Commerce.


Here are 14 key members and their salaries:


Edgar Sotelo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatrice Alba Martinez (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Vargas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J De La Cruz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmit Dhaliwal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Fresquez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Richards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Andrade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Varela (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Lopez (Vice Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Cruz Sewell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Galvan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Arellano-Tolotta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Ortiz (President)
  • Compensation: $151,310
  • Related: $0
  • Other: $0


Official website here: www.gdhcc.com

Where can I find the form 990 for Greater Dallas Hispanic Chamber Of Commerce?

Greater Dallas Hispanic Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gdhcc.com

Learn more at the official website: www.gdhcc.com

Mission Statement of Greater Dallas Hispanic Chamber Of Commerce

Greater Dallas Hispanic Chamber Of Commerce (GDHCC) is committed to fostering and promoting the growth of the Hispanic business community in North Texas. This mission is at the heart of GDHCC's activities, guiding its operations and initiatives. By partnering with the Dallas Independent School District (DISD), GDHCC provides funding for services to help minority and women-owned businesses (M/WBEs) compete effectively for contracts with DISD. This partnership, which has been in place for over 18 years, sees GDHCC serve as a liaison between the Hispanic business community and DISD, disseminating communication about upcoming procurement opportunities, and collaborating with DISD's other M/WBE partners to offer support. Through this partnership, GDHCC has consistently exceeded performance requirements, securing funding through a competitive process. This commitment to growth and support for the Hispanic business community in North Texas is a testament to GDHCC's dedication and impact in the region.

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Impact




October, 2024

The Greater Dallas Hispanic Chamber of Commerce (GDHCC) plays a significant role in fostering the growth and support of the Hispanic business community in North Texas. Through strategic partnerships, particularly with the Dallas Independent School District (DISD), the GDHCC facilitates access to essential resources and opportunities for minority and women-owned business enterprises (M/WBE).

For over 18 years, this collaboration has provided vital funding and services that enable M/WBE firms to effectively compete for contracts with DISD. Acting as a liaison, the GDHCC not only disseminates important procurement information to its members but also enhances vendor engagement with the school district. Their ability to exceed performance requirements in these partnerships underscores their effectiveness and commitment to empowering the Hispanic business community.

In addition to these efforts, the GDHCC fosters an environment of collaboration among various M/WBE partners, ensuring comprehensive support and resources are available. Their initiatives contribute significantly to the economic development of the region, ensuring that the Hispanic business community is well-supported, informed, and competitive in the marketplace. Overall, the impact of the GDHCC on the local economy and community enhancement is profound, driving inclusive growth and opportunity in North Texas.




This information is meant to be a general summary of Greater Dallas Hispanic Chamber Of Commerce. 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
$742,187 (2022)
Expenses
$778,434 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $742,187

Assets and Liabilities:

  • Total Assets: $91,707
  • Total Liabilities: $293,281
  • Net Assets: -$201,574

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Organization Details

Founding Year

1940

Principal Officer

Ricardo Ortiz

Main Address

1402 CORINTH STREET 225, DALLAS, TX, 752152111

NTEE Category

Code: S41 - Community improvement

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