California Hispanic Chambers of Commerce Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To create, develop and provide education and economic development programs to increase adult leadership for the California Hispanic Chambers of Commerce (CHCC) and for members of the CHCC and to provide scholarship opportunities for qualified students to attend educational institutions to study subjects consistent with the purposes of the CHCC Foundation.
- Income
- $912,599
- Spending
- $887,601
- Spent on programs
- 75%
- Reserves
- -1.1 months of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 0
- Volunteers
- 10
- Highest pay
- $161,629, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100. Higher than 12% of charities in its peer group (education, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 116% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 40% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 77% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $349,710 spent. SBDC & TECHNICAL ASSISTANCE PROGRAMS: THE CHCCFS SMALL BUSINESS DEVELOPMENT CENTER (SBDC) AND TECHNICAL ASSISTANCE PROGRAM PROVIDES FREE ONE-ON-ONE CONSULTING AND TECHNICAL ASSISTANCE SERVICES, WITH A FOCUS ON IMMIGRANT-, WOMEN- AND MINORITY-OWNED BUSINESSES. WE OFFER TECHNICAL ASSISTANCE ON MARKETING, FINANCIAL ANALYSIS, CUSTOMER ANALYSIS, DIGITIZATION, FUNDING RESOURCES, TIME MANAGEMENT, AND MUCH MORE. THESE SERVICES ALSO INCLUDE INDUSTRY-SPECIFIC WORKSHOPS, TRAININGS, AND FOCUS GROUPS. THE GOAL OF THE PROGRAM CONTRIBUTES TO THE ECONOMIC GROWTH OF OUR MINORITY COMMUNITIES IN CALIFORNIA. IN 2024 THE PROGRAM SERVICES OVER 6,700 SMALL BUSINESSES THROUGH DIRECT SERVICES, WORKSHOPS, AND/OR WEBINARS.
- $174,922 spent. Sustainability Programs: The CHCC Sustainability program work with small businesses and community-based organizations assist in the development and achieve goals that create financial, societal and environmental sustainability. A business impacts communities and resources, so taking these steps to sustainability is in the best interests of the environment, the business owner and the consumer. The CHCCF Sustainability Program works to decrease the negative impact on the environment and potentially save money. The CHCCF works with small businesses to easily scale these practices and implement them in their own organizations through a small business sustainability plan.
- $127,429 spent. CAPS Program: In 2004, the CHCC created and executed its first CAPS Program at its annual convention and at every convention since. The program was instituted to prepare Hispanic college students to graduate and enter the workforce. CAPS give the students of opportunities available to them in business, public service, community insights and entrepreneurial arenas. The curriculum engages students to develop a network of professionals and advisors, learn soft skills that would be an asset to them in the workforce and business world, and most importantly create future leaders for regional Hispanic chambers and the community.
- $13,169 spent. All Other Programs - Solano Project, GOLF TOURNAMENT, SBA Awards, Procurement
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.