Mission
The RI Hispanic Chamber of Commerce supports the needs of local businesses and builds strong relationships between corporate America and Hispanic-owned businesses in Rhode Island. The organization aims to enhance opportunities for economic development, sustainability, and entrepreneurship within the Hispanic community.
Basic Information
Tax-Exempt
Founded in
2017
EIN
81-2701009
Total Assets
$331.2 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 4 goals
At a Glance
Gala de la Hispanidad
A celebratory event honoring contributions of the Hispanic community.
Latina Women in Business
Programs focused on empowering Latina entrepreneurs through education and networking.
Latino Financial Summit
An informative summit focused on financial tools and resources for Latino businesses.
Impact Stats
1000+
Total Membership
Membership Growth
The chamber has grown to over 1000 members, including small businesses and partners.
2500+
Businesses Reached
COVID Outreach
During the COVID pandemic, the chamber reached out to assist 2500+ small businesses.
$75M+
Financial Assistance
Financial Assistance Allocated
The chamber helped allocate $75 million in small business assistance among Hispanic businesses during the pandemic.
Past Events
Latino Financial Summit
July 31, 2024
A summit that focused on connecting Latino businesses with financial resources.
Gala de la Hispanidad
September 14, 2024
Annual gala celebrating contributions of the Hispanic community.
Business Owner Connection
June 26, 2024
Connection and networking opportunities for business owners.
Upcoming Events
Café con Leche
December 4, 2024
Annual breakfast and business expo for networking and connection.
Learn MoreTestimonials
"The Hispanic Chamber of Commerce has been support, direction, and assistance for my business growth."
Yaudy Diaz
Member
"Thank you for your great effort to help us and guide us to obtain better performance and wisdom to work with my business."
Iluminada Santiago
Member
"Thank you very much, these classes were excellent!!!"
Ana Bencosme
Member
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
49
30
/100
Program Expense Ratio
11.44%
2
/20
Program Revenue Growth
7.77%
16
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
0.768
8
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 362.4K | 81.00% |
| Program Services | 85K | 19.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 447.4K | 100.00% |
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