Hmong Wisconsin Chamber of Commerce Inc
Public records raise at least one point you should look into before giving.
What it says it does
HWCC IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) PROVIDING ECONOMIC DEVELOPMENT ASSISTANCE IN BUSINESS PLANNING, MARKET ANALYSIS, MARKETING STRATEGIES, EFFECTIVE DAY-TO-DAY BUSINESS OPERATIONS AND MUCH MORE. HWCC ACTS AS AN ADVOCATE FOR THE HMONG AND ASIAN AMERICAN COMMUNITIES IN WISCONSIN REGARDING BUSINESS AND ECONOMIC ISSUES. FURTHERMORE, HWCC IS A FORUM FOR HMONG AND ASIAN AMERICAN ENTREPRENEURS TO DISCUSS SUCCESSES AND CHALLENGES, OFFERING SUPPORT RESULTING IN A WIN-WIN FOR ALL OF WISCONSIN.
- Income
- $3.9 million
- Spending
- $2.7 million
- Employees
- 23
- Volunteers
- 13
- Highest pay
- $114,039, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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 (1)
- $2.3 million spent. THE HMONG WISCONSIN CHAMBER OF COMMERCE (HWCC) DELIVERS INTEGRATED ACCESS TO CAPITAL AND BUSINESS TECHNICAL ASSISTANCE TO UNDERSERVED SMALL BUSINESSES ACROSS WISCONSIN. AS A CERTIFIED CDFI, HWCC PROVIDES MICRO AND SMALL BUSINESS LOANS. IN THE REPORTING YEAR, HWCC DISBURSED OVER $1,178,000 IN LOANS TO 12 ENTREPRENEURS, MAINTAINING A PORTFOLIO-WIDE DEFAULT RATE UNDER 12%. HWCC ALSO SUPPORTED APPROXIMATELY 129 ENTREPRENEURS AND BUSINESSES THROUGH ONE-ON-ONE CONSULTING, FINANCIAL COACHING, TRAINING WORKSHOPS, AND LOAN READINESS SERVICES. THIS PROGRAM ADVANCES FINANCIAL INCLUSION, BUSINESS GROWTH, AND ECONOMIC RESILIENCE FOR UNDERSERVED ENTREPRENEURS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.