GREATER MIAMI CHAMBER OF COMMERCE INC Charity Report

Public IRS 990 nonprofit record

GREATER MIAMI CHAMBER OF COMMERCE INC

EIN 59-0358775 · Homeowners & Tenants Associations (L50)

What they do

THE GREATER MIAMI CHAMBER of COMMERCE is AN ASSOCIATION of BUSINESSES and PROFESSIONS ORGANIZED to CREATE ECONOMIC PROGRESS IN MIAMI-DADE COUNTY, FLORIDA. to CARRY OUT THIS MISSION, THE CHAMBER SERVES AS THE VOICE and CONSCIENCE of BUSINESS ENTERPRISE and INVOLVES THE PRIVATE SECTOR IN COMMUNITY LEADERSHIP. RECOGNIZING THE CLOSE RELATIONSHIP BETWEEN ECONOMIC HEALTH and THE SOCIAL and PHYSICAL ENVIRONMENT IN WHICH WE LIVE, THE CHAMBER PARTICIPATES IN SOLVING THE PROBLEMS of A GROWING URBAN AREA WITH A SPECIAL EMPHASIS TOWARD THE REVITALIZATION of DISTRESSED AREAS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

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

They name their leaders100 people are listed in the latest report.

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

Money made simple

63.29%of revenue went to mission work71.9% of expenses · Program services

15.26%of revenue went to fundraising17.3% of expenses

$87.99spent for every $100 of revenueRevenue covered expenses this year.

9.44%of revenue went to management and office costs10.7% of expenses

$1.77in assets for every $1 spent this yearSome assets cannot be spent right away.

34.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
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 $432,384 for ALFRED SANCHEZ (PRESIDENT/CEO). 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 2024

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$5,399,063

Mission workProgram services$3,417,20963.29% of revenue71.9% of expenses

ManagementOffice and general costs$509,5999.44% of revenue10.7% of expenses

FundraisingAsking for donations$823,79215.26% of revenue17.3% of expenses

Revenue left after expensesReported annual surplus$648,46312.01% of revenueShown in gray on the chart

Total expenses$4,750,60087.99% 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

2024CurrentExpense mix: 71.9% mission · 10.7% management · 17.3% fundraisingTotal expenses: 87.99% of revenue

2023Expense mix: 70.4% mission · 10.7% management · 18.9% fundraisingTotal expenses: 87.76% of revenue

2022Expense mix: 70.3% mission · 10.7% management · 18.9% fundraisingTotal expenses: 87.32% of revenue

2021Expense mix: 70.1% mission · 12.3% management · 17.5% fundraisingTotal expenses: 86.63% of revenue

2020Expense mix: 68.7% mission · 13.0% management · 18.2% fundraisingTotal expenses: 90.01% of revenue

2019Expense mix: 66.5% mission · 15.2% management · 18.4% fundraisingTotal expenses: 104.57% of revenue

2018Expense mix: 49.6% mission · 33.6% management · 16.8% fundraisingTotal expenses: 99.86% of revenue

2017Expense mix: 51.5% mission · 36.0% management · 12.6% fundraisingTotal expenses: 106.67% of revenue

Money in and money out

Revenue$5,399,063

Expenses$4,750,600

Annual surplus $648,463 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)$3,417,209 · 71.9% of expenses

Management and office costs$509,599 · 10.7% of expenses

Fundraising$823,792 · 17.3% of expenses

See all reported dollar amounts

Revenue$5,399,063

Expenses$4,750,600

Assets$8,423,798

Income$5,399,063

Contributions$1,841,027

Mission work (program services)$3,417,209

Fundraising$823,792

Management and general$509,599

Accounting fees$49,024

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

ALFRED SANCHEZPRESIDENT/CEO · 40 hrs/week $432,384Base $389,770 · Other $42,614

MARILU RIOS KERNANCOO/CFO · 40 hrs/week $172,833Base $156,217 · Other $16,616

PETER JAMES CAMPBELLVICE PRESIDENT OF GOVERNMENTAL AFFAIRS · 40 hrs/week $157,060

TANIA VALENZUELACHIEF PROGRAM OFFICER · 40 hrs/week $138,736Base $125,193 · Other $13,543

MARCO RAMIREZMEMBER · 40 hrs/week $125,436Base $113,372 · Other $12,064

LIANE VENTURA GUERRASR VP INTERNTATIONAL · 40 hrs/week $120,408Base $108,149 · Other $12,259

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 (100)

ALFRED SANCHEZPRESIDENT/CEO

MARILU RIOS KERNANCOO/CFO

PETER JAMES CAMPBELLVICE PRESIDENT OF GOVERNMENTAL AFFAIRS

TANIA VALENZUELACHIEF PROGRAM OFFICER

MARCO RAMIREZMEMBER

LIANE VENTURA GUERRASR VP INTERNTATIONAL

AARON TANDYDIRECTOR

AJ MEYERDIRECTOR

AL DOTSON JRDIRECTOR

ALBERT LOPEZDIRECTOR

ALEJANDRA COLLARTEDIRECTOR

ALEJANDRO MENDIETADIRECTOR

ALEX DOMINGUEZDIRECTOR

ALEX RHODESTREASURER

ALEXANDER BINELODIRECTOR

ALICE BRAVODIRECTOR

ALLISON MCCREARYDIRECTOR

ALVIN WESTDIRECTOR

AMY FURNESSCHAIR-ELECT

ANA SOTORRIODIRECTOR

ANGEL BOSCH-DE LEONDIRECTOR

ASHAKI BRONSON-MARCELLUSDIRECTOR

AUSTIN HOLLODIRECTOR

BEN MOLLEREDIRECTOR

BOB FITZSIMMONSDIRECTOR

BRANDON MITCHELLDIRECTOR

BRIAN SAN MIGUELDIRECTOR

BRYAN STEWARTDIRECTOR

CARLOS PULIDODIRECTOR

CAROL ELLIS-CUTLERDIRECTOR

CATHY ALEXANDERDIRECTOR

CHRISTINE VALLESDIRECTOR

CL CONROYDIRECTOR

CLIF BAUERDIRECTOR

CYNTHIA BORKOWSKIDIRECTOR

DAVID DUCKENFIELDDIRECTOR

DAVID RESTAINERDIRECTOR

DEBORAH KOCHDIRECTOR

DON SLESNICKDIRECTOR

DOUG BARTELDIRECTOR

EL PAGNIER HUDSONDIRECTOR

EMMA PACETTIDIRECTOR

ENEIDA ROLDANDIRECTOR

ERBI BLANCO-TRUEDIRECTOR

ERIN DOWDDIRECTOR

FELIPE BASULTODIRECTOR

FRANK CANTERODIRECTOR

FRANK GONZALEZDIRECTOR

FREDDY BALSERADIRECTOR

G LEE SANDLERDIRECTOR

GALE NELSONDIRECTOR

GILBERTO NEVESDIRECTOR

GIOVANNI CASTRODIRECTOR

GLADYS REEDDIRECTOR

HECTOR PONTEFIRST VICE CHAIR

HERNANDO GOMEZDIRECTOR

IRA ROSNERDIRECTOR

IRELA BAGUEDIRECTOR

JAVIER BETANCOURTDIRECTOR

JAVIER HERNANDEZ-LICHTLDIRECTOR

JAY PELHAMDIRECTOR

JENI BOUZADIRECTOR

JERRY MENENDEZDIRECTOR

JESSICA FERNANDEZDIRECTOR

JIM REPPDIRECTOR

JOE ZUBIZARRETADIRECTOR

JONATHAN ROSSDIRECTOR

JORGE MARTINEZDIRECTOR

JOSE ABREUDIRECTOR

JOSE FUENTESDIRECTOR

JOSE ROJASDIRECTOR

JUAN CARLOS GUTIERREZDIRECTOR

JUSTIN LUGERDIRECTOR

KEN DUBOWDIRECTOR

KIM GRIFFIN-HUNTERDIRECTOR

LAUREN SMITHDIRECTOR

LENORE RODICIODIRECTOR

LIDIJA STEFANOVADIRECTOR

LISA MARTINEZDIRECTOR

MADELINE PUMARIEGADIRECTOR

MAITE ALVAREZDIRECTOR

MANNY DEL CANALDIRECTOR

MARIO BAILEYDIRECTOR

MARK ANESDIRECTOR

MARK COTICCHIADIRECTOR

MATT PINZURDIRECTOR

MAUREEN MASCARODIRECTOR

MITCH BIERMANDIRECTOR

MYRNA VACADIRECTOR

NORIE DEL VALLEDIRECTOR

OLGA RAMUDODIRECTOR

OSCAR LOYNAZDIRECTOR

PATRICK MORRISDIRECTOR

RICK BEASLEYDIRECTOR

ROBERTO MUOZCHAIR

ROD BRAUNDIRECTOR

RON SHUFFIELDDIRECTOR

RON STONEDIRECTOR

SANDY GONZALEZ-LEVYDIRECTOR

SERGIO ABREU JRDIRECTOR

About this charity

Recognized since: January 1942
Location: 1 SE 3RD AVE STE 1410, MIAMI, FL 33131-1726
County: Miami-Dade
In care of: % KARAN RUKRIGL
Primary officer: ALFRED SANCHEZ, CEO

How to reach them

WebsiteVisit the charity’s website Phone(305) 350-7700

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations