COLOMBIA-TEXAS CHAMBER OF COMMERCE Charity Report

Tax-exempt status may be revoked

COLOMBIA-TEXAS CHAMBER OF COMMERCE

EIN 45-5147492

What they do

CTCC Was Established With The Purpose of Promoting Trade and Investment Between Colombia and The State of Texas. CTCC Also Facilitates American and Colombian Companies

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

68.19%of revenue went to mission work85.5% of expenses · Program services

$79.77spent for every $100 of revenueRevenue covered expenses this year.

11.58%of revenue went to management and office costs14.5% of expenses

41.4%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $11,291 for ALEJANDRA VASQUEZ (EVENT & MEDIA MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$40,648

Mission workProgram services$27,71668.19% of revenue85.5% of expenses

ManagementOffice and general costs$4,70811.58% of revenue14.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$8,22420.23% of revenueShown in gray on the chart

Total expenses$32,42479.77% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 85.5% mission · 14.5% management · 0.0% fundraisingTotal expenses: 79.77% of revenue

2017Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 97.30% of revenue

2016Expense mix: 83.7% mission · 16.3% management · 0.0% fundraisingTotal expenses: 120.04% of revenue

Money in and money out

Revenue$40,648

Expenses$32,424

Annual surplus $8,224 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$27,716 · 85.5% of expenses

Management and office costs$4,708 · 14.5% of expenses

See all reported dollar amounts

Revenue$40,648

Expenses$32,424

Contributions$16,840

Mission work (program services)$27,716

Management and general$4,708

Accounting fees$2,631

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALEJANDRA VASQUEZEVENT & MEDIA MANAGER · 20 hrs/week $11,291

DUNIA MANZANOMEMBERSHIP MANAGER · 20 hrs/week $3,450

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

ALEJANDRA VASQUEZEVENT & MEDIA MANAGER

DUNIA MANZANOMEMBERSHIP MANAGER

CLAUDIA ROJASPRESIDENT

FRANCISCO VIVESVICE-PRESIDENT

JUAN ARJONAVICE-PRESIDENT

LUIS BUSTAMANTEVICE-PRESIDENT

PABLO FERRANTESECRETARY

About this charity

Location: 700 LOUISIANA, HOUSTON, TX 77002
County: Harris
In care of: CLAUDIA ROJAS
Primary officer: CLAUDIA ROJAS, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(713) 962-1014

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: JACK EVANS CPA
Revocation date: May 15, 2022