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ARIZONA HISPANIC CHAMBER OF COMMERCE

PHOENIX, AZ · EIN 860685240 · Form 990 · FY2022 · NTEE S41 · Community Improvement · Medium ($1M-$10M) · www.azhcc.com
revenue
$1.7M
expenses
$1.7M
net assets
$787K
employees
0
volunteers
20
program ratio
99%
mission · from form 990

PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO SUPPORT STATEWIDE ECONOMIC AND BUSINESS DEVELOPMENT EFFORTS.

profile · synthesized from sources

The Arizona Hispanic Chamber of Commerce serves as a key advocate for Latino-owned businesses in Arizona, promoting economic prosperity and supporting Hispanic business leaders. The organization focuses on facilitating international trade, job development, and inclusive policies that benefit the state's growing Latino population.

named programs · 3 · from sources

what they call their work

International Trade Facilitation
Facilitates trade opportunities between Arizona and Mexico, enhancing economic ties and business growth.
Public Policy Advocacy
Advocates for policies that support the growth of Latino-owned businesses and address issues impacting the Hispanic community in Arizona.
Workforce Development
Promotes diverse hiring practices and managerial training to support the advancement of Latino professionals.
activities · 9 groups

what they do

  • Entrepreneurship Accelerator & Training Programs 12 activities
    • Business Training and Consulting
      Provides customized webinars, trainings, and consulting services for business owners covering topics such as capital education, marketing, branding, business certifications, legal assistance, growth strategies, and export readiness assessments.
    • Business Training and Consulting
      Provides customized webinars, trainings, and consulting services for business owners covering capital education, marketing & branding, business certifications, legal assistance, growth strategies, and export readiness assessments.
    • Business Training and Consulting
      Provides customized webinars, trainings, and consulting services for business owners covering topics such as capital education, marketing, certifications, legal assistance, growth strategies, and export readiness assessments.
    • Business Training and Consulting
      Provides customized webinars, trainings, and consulting services for business owners covering capital education, marketing & branding, business certifications, legal assistance, growth strategies, and export readiness assessments. This includes the DreamBuilder program, a 13-step online process for creating a business plan with modules on financing and business expansion, with incentives for successful completion.
    • Business Training and Consulting Services
      Provides customized webinars, trainings, and consulting services for business owners covering topics such as capital education, marketing, branding, business certifications, legal assistance, growth strategies, and export readiness assessments.
    • Business Training and Consulting Services
      Provides customized webinars, trainings, and consulting services for business owners, covering topics such as capital education, marketing & branding, business certifications, legal assistance, growth strategies, and the creation of Capability Statements. This includes Business Mastery workshops and assistance with certification.
    • Customized Business Consulting Services
      Offers customized business consulting services, assists with the development of growth strategies, and provides certification assistance and Business Mastery workshops.
    • DreamBuilder Program
      Delivers the DreamBuilder program, a 13-step online process for creating a business plan, including modules on financing and business expansion, through online modules and Zoom workshops over six weeks. Successful participants receive a new laptop, one-on-one business assistance, reimbursement for business filing fees, and a one-year basic membership to the Arizona Hispanic Chamber of Commerce.
    • DreamBuilder Program
      Delivers the DreamBuilder program, a 13-step online and workshop-based process for creating a business plan, with modules on financing and business expansion. Successful participants receive a new laptop, one-on-one business assistance, reimbursement for business filing fees, and a one-year basic membership to the Arizona Hispanic Chamber of Commerce.
    • DreamBuilder Program
      Delivers the DreamBuilder program, a 13-step online and workshop-based process for creating a business plan, with modules on financing and business expansion. Successful participants receive a new laptop, one-on-one business assistance, reimbursement for filing fees, and a one-year basic membership to the Chamber.
    • DreamBuilder Program
      Offers the DreamBuilder program, a 13-step process for creating a business plan with modules on financing and business expansion, including one-on-one business assistance and a new laptop for successful participants.
    • DreamBuilder Program
      Delivers the DreamBuilder program, a 13-step online and workshop-based process over six weeks for creating a business plan, with modules on financing and business expansion. Successful participants receive a new laptop, one-on-one business assistance, reimbursement for business filing fees, and a one-year basic membership to the Arizona Hispanic Chamber of Commerce.
  • Native Entrepreneur Support Services 9 activities
    • Entrepreneurial Training and Support
      Provides entrepreneurial training, capital access support, federal procurement assistance, and strategic planning services to American Indian, Alaska Native, and Native Hawaiian businesses.
    • Minority Business Development Agency (MBDA) Business Centers
      Operates federally funded MBDA Business Centers in Phoenix, providing access to contracts, capital, and strategic planning services for minority-owned businesses, including Native American, Alaska Native, and Native Hawaiian businesses. These centers help businesses penetrate new markets, secure capital, compete for contracts, identify strategic partners, and become export-ready.
    • Minority Business Development Agency (MBDA) Business Centers
      Operates federally funded MBDA Business Centers in Phoenix and for Native American, Alaska Native, and Native Hawaiian communities, providing support for accessing contracts, capital, and new markets.
    • Minority Business Development Agency (MBDA) Business Centers
      Operates federally funded MBDA Business Centers in Phoenix, providing access to contracts, capital, and strategic planning services for minority-owned businesses, including Native American, Alaska Native, and Native Hawaiian businesses, to help them penetrate new markets and become export-ready.
    • Minority Business Development Agency (MBDA) Business Centers
      Operates federally funded MBDA Business Centers in Phoenix, providing access to contracts, capital, and strategic planning for minority-owned businesses, including Native American, Alaska Native, and Native Hawaiian businesses. Services include assistance with market penetration, securing capital, competing for contracts, identifying strategic partners, and export readiness.
    • Minority Business Development Agency (MBDA) Business Centers
      Operates federally funded MBDA Business Centers in Phoenix and for Native American, Alaska Native, and Native Hawaiian communities, providing access to contracts, capital, federal procurement assistance, and strategic planning services for minority-owned businesses.
    • Minority Business Development Agency (MBDA) Business Centers
      Operates federally funded MBDA Business Centers in Phoenix, providing access to contracts, capital, and strategic planning for minority-owned businesses, including Native American, Alaska Native, and Native Hawaiian businesses.
    • Phoenix Minority Business Development Center
      Operates the federally funded Phoenix MBDA Center, which provides access to contracts and capital for minority-owned businesses.
    • Support for Native American Businesses
      Administers a project funded by the U.S. Department of Commerce Minority Business Development Agency to support Native American, Alaska Native, and Native Hawaiian businesses.
  • Small Business Financial Support and Education 7 activities
    • Access to Capital and Contracts
      Facilitates access to loans, working capital, lines of credit, and provides loan packaging services. Also helps businesses access bid opportunities through database subscriptions, facilitates business-to-business and business-to-government matchmaking, and offers referrals to potential buyers and partners.
    • Access to Capital and Contracts
      Facilitates access to loans, working capital, lines of credit, and provides loan packaging services. Also provides access to bid opportunities, business-to-business and business-to-government matchmaking, and referrals to potential buyers and partners.
    • Access to Capital and Contracts
      Facilitates access to loans, working capital, lines of credit, and provides loan packaging services. Also provides access to bid opportunities through databases, facilitates business-to-business and business-to-government matchmaking, and offers referrals to potential buyers and partners.
    • Access to Capital and Contracts
      Facilitates access to loans, working capital, and lines of credit, provides loan packaging services, and helps increase bonding capacity for businesses. Additionally, it provides access to bid opportunities through various databases, facilitates business-to-business and business-to-government matchmaking, and offers referrals and introductions to potential buyers and partners.
    • Access to Capital and Contracts
      Facilitates access to loans, working capital, lines of credit, and provides loan packaging services. Also offers access to bid opportunities through various databases, facilitates business-to-business and business-to-government matchmaking, and provides referrals to potential buyers and partners.
    • Access to Capital and Contracts
      Facilitates access to loans, working capital, lines of credit, and provides loan packaging services. It also helps businesses increase bonding capacity, access bid opportunities through various databases, and facilitates business-to-business and business-to-government matchmaking.
    • Capital Readiness Program
      Operates the Capital Readiness Program, facilitating access to loans, working capital, and lines of credit for businesses.
  • Statewide Public Opinion and Market Research Studies 6 activities
    • Hispanic Market Research and Publications
      Produces and publishes reports, including the annual flagship publication _DATOS: The State of Arizona's Hispanic Market_, which examines Hispanic and minority markets, business trends, consumer spending, demographics, education, technology, and electoral politics in Arizona.
    • Hispanic Market Research and Publications
      Produces and publishes reports, including the annual flagship publication _DATOS: The State of Arizona's Hispanic Market_, which examines Hispanic and minority markets, business trends, consumer spending, demographics, education, technology, and electoral politics in Arizona.
    • Hispanic Market Research and Publications
      Produces and publishes reports, including the annual flagship publication _DATOS: The State of Arizona's Hispanic Market_, which examines Hispanic and minority markets and business trends, consumer spending, demographics, education, technology, and electoral politics in Arizona.
    • Market Research Reports
      Produces reports examining Hispanic and minority markets and business trends in Arizona, including the flagship publication _DATOS: The State of Arizona's Hispanic Market_.
    • Publication of DATOS: The State of Arizona's Hispanic Market
      Annually publishes "DATOS: The State of Arizona's Hispanic Market," a flagship report featuring primary and secondary research on consumer spending, demographics, education, technology, electoral politics, and overall market impact of the Latino community in Arizona. The organization also produces other reports examining Hispanic and minority markets and business trends.
    • Publication of DATOS: The State of Arizona's Hispanic Market
      Annually publishes the flagship report _DATOS: The State of Arizona's Hispanic Market_, which features primary and secondary research on consumer spending, demographics, education, technology, and electoral politics related to the Latino community's market impact in Arizona.
  • Charity Golf Tournament 3 activities
    • Fundraising Golf Tournament
      Organizes the annual Bud Shootout Golf Tournament, which serves as a fundraiser for the AZHCC Foundation Scholarship Fund.
    • Fundraising Golf Tournament
      Organizes the Bud Shootout Golf Tournament, an annual fundraiser that supports the AZHCC Foundation Scholarship Fund.
    • Fundraising and Scholarship Support
      Organizes the Bud Shootout Golf Tournament as an annual fundraiser for the AZHCC Foundation Scholarship Fund, established in 1991.
  • Ribbon-Cutting & Business Milestone Ceremonies 1 activity
    • Business Expansion Support
      Conducts ribbon cutting ceremonies for business expansions or grand openings, celebrating new ventures in the community.
  • Trade Finance Legal & Capacity Reform 1 activity
    • Export Readiness Assessments
      Conducts export readiness assessments to help businesses prepare for entering international markets.
  • Business Networking Events 1 activity
    • Networking Opportunities
      Provides access to networking events such as Buenos Dias Networking Breakfasts and Contactos After 5 Mixers, facilitating connections for business owners.
  • Uncategorized 12 activities
    • Advocacy for Latino-owned Businesses
      Adopts an annual public policy agenda focused on economic success and current challenges for Latino-owned businesses in Arizona.
    • Advocacy for Latino-owned Businesses
      Adopts an annual public policy agenda focused on economic success and current challenges for Latino-owned businesses in Arizona.
    • Advocacy for Latino-owned Businesses
      Adopts an annual public policy agenda focused on economic success and current challenges for Latino-owned businesses in Arizona.
    • Advocacy for Latino-owned Businesses
      Adopts an annual public policy agenda focused on economic success and current challenges for Latino-owned businesses in Arizona.
    • Annual Public Policy Agenda
      Adopts an annual public policy agenda focused on economic success and current challenges for Latino-owned businesses.
    • Annual Signature Events
      Hosts annual signature events including Power of the Purse, Black & White Ball and Business Awards, DATOS report release and conference, Business Diversity Summit, and Bud Shootout Golf Tournament.
    • Networking Events and Business Awards
      Hosts annual signature events such as Power of the Purse (a conference for Latinas in business), the Black & White Ball and Business Awards (a formal gala), Buenos Dias Networking Breakfasts, Contactos After 5 Mixers, and an Annual Members Meeting and Holiday Celebration to foster connections and recognize achievements within the business community.
    • Networking Events and Business Celebrations
      Hosts annual signature events including Power of the Purse (a conference celebrating Latinas in business), the Black & White Ball and Business Awards (a formal gala), the DATOS report release and conference, Business Diversity Summit, Buenos Dias Networking Breakfasts, Contactos After 5 Mixers, an Annual Members Meeting, and a Holiday Celebration. The organization also conducts ribbon-cutting ceremonies for business expansions or grand openings.
    • Networking Events and Business Celebrations
      Hosts various annual signature events including Power of the Purse, Black & White Ball and Business Awards, DATOS report release and conference, Business Diversity Summit, Bud Shootout Golf Tournament, Buenos Dias Networking Breakfasts, Contactos After 5 Mixers, and an Annual Members Meeting and Holiday Celebration. The organization also conducts ribbon-cutting ceremonies for business expansions or grand openings.
    • Networking Events and Business Celebrations
      Hosts various annual signature events including Power of the Purse, Black & White Ball and Business Awards, Business Diversity Summit, Bud Shootout Golf Tournament, Buenos Dias Networking Breakfasts, Contactos After 5 Mixers, and an Annual Members Meeting and Holiday Celebration, along with ribbon-cutting ceremonies for business expansions or grand openings.
    • Networking Events and Business Celebrations
      Hosts various annual signature events including the Power of the Purse conference, Black & White Ball and Business Awards gala, DATOS report release and conference, Business Diversity Summit, Bud Shootout Golf Tournament, Buenos Dias Networking Breakfasts, Contactos After 5 Mixers, and an Annual Members Meeting and Holiday Celebration. The organization also conducts ribbon-cutting ceremonies for business expansions or grand openings.
    • Networking Events and Galas
      Hosts various annual signature events including the Power of the Purse conference for Latinas in business, the Black & White Ball and Business Awards gala, Buenos Dias Networking Breakfasts, Contactos After 5 Mixers, and an Annual Members Meeting and Holiday Celebration.
financials · form 990 · fy2022
revenue
Total revenue$1.74M
Contributions & grants$1.74M100%
Program service revenue$2750%
Investment income$-4K-0%
Other revenue$6K
expenses
Total expenses$1.65M
Program expenses99%
Admin / overhead0%
Fundraising1%
Salaries & benefits$743K
Grants paid out$121K
Largest expense lineCompensation
balance sheet
Total assets$1.91M
Cash$1.57M
Investments$0
Liabilities$1.12M
Net assets$787K
Liquid reserves11.4 mo
2 years on record · 2020–2022 · YoY revenue +24.3%
leadership · form 990 part vii · fy2022

who runs it

paid leadership · 2
NameTitleHours/wkCompensation
MONICA VILLALOBOS PRESIDENT/CEO 5 $161K
ALIKA KUMAR EXECUTIVE DIRECTOR OF MBDA 40 $115K
board members · 23
  • ALEXIS ESPINOSA — DIRECTOR
  • ANDREW C PACHECO — DIRECTOR
  • ANNETTE MUSA — IMMEDIATE PAST CHAIR
  • ARMANDO A ROMAN — FINANCE COUNSEL
  • ASHLEY V KELLY — DIRECTOR
  • BONSAL GLASCOCK — DIRECTOR
  • CHRIS CAMACHO — DIRECTOR
  • DANIEL R ORTEGA JR — DIRECTOR
  • GREGORY L BYRD — DIRECTOR
  • ISRAEL ORTIZ — DIRECTOR
  • IVAN O GARCIA — DIRECTOR
  • JAVIER FELICIANO — DIRECTOR
  • JOHN RAMIREZ — CHAIR
  • JOHN SIZER — DIRECTOR
  • JULIE ANN ALVARADO-DUBEK — DIRECTOR
  • LEONARDO LOO — LEGAL COUNSEL
  • LISA URIAS — CHAIR EMERITUS
  • LORENA C VAN ASSCHE — DIRECTOR
  • LORENA VALENCIA — CO-VICE CHAIR - EXTERNAL A
  • LYDIA LEE — DIRECTOR
  • MARIA R CHAVIRA PHD — DIRECTOR
  • MARIAN ZAPATA-ROSSA — DIRECTOR
  • MARIO PANIAGUA — DIRECTOR
relationships · 60

who they work with

  • AXIOM Founders Family Office, Inc. Partner — Armando A. Roman, Finance Counsel (Ex-Officio) for ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Founder and CEO of AXIOM Founders Family Office, Inc.
  • AZHCC Foundation Scholarship Fund Partner — The Bud Shootout Golf Tournament is an annual fundraiser for the AZHCC Foundation Scholarship Fund.
  • AZTOR Health & Wealth Management Advisors Partner — Tony Astorga, Director Emeritus for ARIZONA HISPANIC CHAMBER OF COMMERCE, is the President of AZTOR Health & Wealth Management Advisors.
  • Aliento Partner — Listed as an immigration resource.
  • American Business Immigration Coalition (ABIC) Partner — Listed as an immigration resource.
  • Arizona Diamondbacks Partner — Alexis Espinosa, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Director, Group Events & Hospitality for the Arizona Diamondbacks.
  • Arizona Hispanic Chamber of Commerce Foundation Partner — Hosts The DATOS Institute
  • Arizona Immigrant and Refugee Services (AIRS) Partner — Listed as an immigration resource.
  • Arizona Legal Women and Youth Services (ALWAYS) Partner — Listed as an immigration resource.
  • Arizona Public Service Partner — Wendy Valenzuela, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is a Government Affairs Representative for Arizona Public Service.
  • Arizona State University Partner — Paula Hidalgo, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Assistant Vice President, Mexico Relations in the Office of Government and Community Engagement at Arizona State University.
  • Arizona State University - Immigration Clinic Partner — Listed as an immigration resource.
  • Arizona State University's Thunderbird School of Global Management Partner — Partnered to offer the 13-step DreamBuilder program for creating a business plan.
  • BMO Partner — Robert Pantoja, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Retail Banking Market President for BMO.
  • Bank of America Partner — Annette Musa, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is a Senior Vice President, Private Client Advisor for Bank of America.
  • Banner Health Partner — Julie Ann Alvarado-Dubek, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the EVP & Chief HR Officer for Banner Health.
  • Blue Cross Blue Shield Partner — Washington Covena, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the SVP, Commercial Verticals & Strategy for Blue Cross Blue Shield.
  • Catholic Charities Community Services of Phoenix - Familias Unidas Partner — Listed as an immigration resource.
  • Chase Business Banking Partner — Jose Yanez, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is a Vice President, Senior Business Consultant for Chase Business Banking.
  • City of Phoenix Partner — Felipe Moreno, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Director, Phoenix Public Works Department for the City of Phoenix.
  • Consulado General de Mexico en Phoenix Partner — Listed as an immigration resource.
  • Consulado de Mexico en Tucson Partner — Listed as an immigration resource.
  • Cox Communications Partner — Carlos Castillo, a board member of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Director of Field Sales for Cox Communications.
  • Crazy Mountain LLC Partner — Michelle Ruttle, Treasurer of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Vice President of Finance for Crazy Mountain LLC.
  • Fizz Technologies Partner — Lorena Valencia, Vice Chair - External Activities of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Founder and CEO of Fizz Technologies.
  • Florence Immigrant & Refugee Rights Project Partner — Listed as an immigration resource.
  • Freeport-McMoRan Inc. Partner — Gabe Doak, Secretary of ARIZONA HISPANIC CHAMBER OF COMMERCE, is a Business Manager for Freeport-McMoRan Inc.
  • Friendly House Partner — Listed as an immigration resource.
  • Hispanic Alliance for Career Enhancement (HACE) Partner — Tanya M. Muñiz, Chair of ARIZONA HISPANIC CHAMBER OF COMMERCE, is the Chief of Staff for HACE.
  • Immigrant Legal Resource Center (ILRC) Partner — Listed as an immigration resource.
+ 30 more