Latino Chamber Development Corporation Inc in Pueblo, Colorado (CO)

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Latino Chamber Development Corporation Inc
Employer Identification Number (EIN)841376287
Name of OrganizationLatino Chamber Development Corporation Inc
In Care of NameJoe T Ulibarri Sec
Address215 S Victoria Ave, Pueblo, CO 81003-3434
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization
Ruling Date07/1997
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$31,631
Amount of Income$31,337
Form 990 Revenue Amount$21,291
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development - Business


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Amount of income in 2013: $31,337 (it was $25,132 in 2012)
Latino Chamber Development Corporation Inc: 

 $31,337
Other organizations performing similar types of work: 

 $83,394

Assets in 2013: $31,631 (it was $32,525 in 2012)
This organization: 

 $31,631
Other organizations performing similar types of work: 

 $28,254

Expenses in 2013: $22,858
This organization: 

 $22,858
Other organizations performing similar types of work: 

 $67,379

Income to expenses ratio in 2013: 1.4
Latino Chamber Development Corporation Inc: 

 1.4
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2013: 61.6%
Latino Chamber Development Corporation Inc: 

 61.6%
Other organizations performing similar types of work: 

 75.6%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$11,478$11,348$21,291
Contributions, gifts, grants, and similar amounts received$9,255$3,795$13,116
Program service revenue including government fees and contracts$0$0$1,600
Membership dues and assessments$0$0$0
Investment income$0$1,076$1,691
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$2,096$6,451$4,884
Gross income from gaming$0$0$0
Gross income from fundraising events$13,691$20,235$14,930
Less: direct expenses from gaming and fundraising events$11,595$13,784$10,046
Gross profit/loss from sales of inventory$0$0$0
Other revenue$127$26$0
Total expenses$18,841$12,793$22,858
Total net assets$33,970$32,525$30,958
Excess/Deficit for the year$-7,363$-1,445$-1,567
Net assets or fund balances at beginning of year$24,104$33,970$32,525
Other changes in net assets or fund balances$17,229$0$0
Net assets or fund balances at end of year$32,525$30,958
Balance Sheets
201120122013
Total assets$36,530$32,525$31,631
Total liabilities$2,560$0$673
Net assets or fund balances$33,970$32,525$30,958
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$34,100
Subtotal Support$34,100
Gifts, grants, contributions, and membership fees received$34,100
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$40,337
Public Support$34,100
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$6,237
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$120,499
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1National Center For Women And Information Technology, University Of Colorado BoulderUniv Of Colorado At Boulder Campus, Boulder, CO 80309-0322CO2004-11$2,050,678
2Young Entrepreneurs Academy Inc400 White Spruce Blvd Ste C, Rochester, NY 14623-1619NY2009-03$1,484,956
3Spy Hop Productions Inc511 West 200 South, Salt Lake City, UT 84101-1185UT2000-08$1,250,585
4Youth Venture Inc1700 N Moore St Ste 2000, Arlington, VA 22209-1921VA1995-07$1,194,932
5Leaders Challenge1515 Wynkoop St Ste 200, Denver, CO 80202-1730CO2001-02$1,003,850
6Young Americas Business Trust1889 F St Nw, Washington, DC 20006-4401DC1999-11$884,549
7Bizdom U Fund5260 Anthony Wayne Drive, Detroit, MI 48202MI2009-06$878,634
8Old Skool Cafe945 Key Av, San Franciscol, CA 94124CA2006-10$704,757
9Kiddie Hawk Air Academy7791 S Race St, Centennial, CO 80122CO1999-04$691,902
10Bowling Green Area Chamber Foundation Inc710 College Street, Bowling Green, KY 42101KY2007-06$497,457
11Teen Up-Ward Bound Inc717 Opa Locka Blvd, Opa Locka, FL 33054-3907FL2001-09$467,405
12Idaho Business Coalition For Education Excellence IncPO BOX 190163, Boise, ID 83719ID2007-06$433,173
13Sweat Equity Enterprises32 Havemeyer, Brooklyn, NY 11211-2175NY2006-02$371,230
14Startup Corps Inc404 E Flora St, Philadelphia, PA 19125-3316PA2010-07$245,164
15Metro Denver Lemonade Day Inc2525 15th Street, Denver, CO 80211-3989CO2011-03$104,300
16Latino Chamber Development Corporation Inc215 S Victoria Ave, Pueblo, CO 81003-3434CO1997-07$31,337
17Southern Colorado Construction Career Day Foundation Inc7720 Electronic Dr, Colorado Spgs, CO 80922-1505CO2010-10$17,474
18Trail Corps AcademyPO BOX 1929, Silverthorne, CO 80498-1929CO2002-02$1
19Community And School Alliance Fund, Casa1005 Pennsylvania Ave, Boulder, CO 80302-6936CO2001-07$0
20Entrepreneur Nation Inc422 East Dale Street, Colorado Springs, CO 80903CO2015-04$0
Number of organizations performing similar types of work
Alabama3
Arkansas3
Arizona3
California49
Colorado9
Connecticut2
District of Columbia8
Delaware1
Florida25
Georgia21
Hawaii1
Iowa7
Idaho2
Illinois14
Indiana9
Kansas3
Kentucky4
Louisiana7
Massachusetts9
Maryland10
Michigan14
Minnesota2
Missouri9
Mississippi1
Montana1
North Carolina11
Nebraska3
New Hampshire4
New Jersey7
New Mexico1
Nevada2
New York22
Ohio10
Oklahoma3
Oregon6
Pennsylvania17
Rhode Island1
South Carolina6
South Dakota1
Tennessee5
Texas29
Utah5
Virginia14
Vermont1
Washington5
Wisconsin2
Total372

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