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Passes our checks

California Hispanic Chambers of Commerce Foundation

EIN 37-1561859 · Sacramento, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 116% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 3% of income.

  • Income trend

    15 of 15

    Income rose 40% on the year before.

  • Spending floor

    15 of 15

    75% 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 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $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.
  2. $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.
  3. $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.
  4. $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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.