Odessa Hispanic Chamber 990

8/4/2019 Odessa Hispanic Chamber 990

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GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493316046520

990 Return of Organization Exempt From Income Tax OMB No 1545-0047Under section 501 (c), 527, or 4947( a)(1) of the Internal Revenue Code (except black lung 2009

benefit trust or private foundation)of the Treasury .

Revenue Service 0- The organization may have to use a copy of this return to satisfy state reporting requirementsr the 2009 calendar year , or tax year beginning 01-01-2009 and ending 12-31-2009

C Name of organization D Employer identification numberif applicable Please ODESSA HISPANIC CHAMBER OF COMMERCEuse IRS 75-2380906change

label orprint or Doing Business As E Telephone numbertype . See (432 ) 333-7892return Specific N b d t t P 0 b f l t d l d t t t dd R tInstruc -tions

um er an s ree (or ox i mai is no e ivere o s ree a ress )119 WEST 4TH STREET oom/sui e G Gross receipts $ 201,309.

return City or town, state or country, and ZIP + 4pending OD ES SA , TX 79 76 0

F Name and address of principal officerMANNY PUGA119 W 4TH STREET STE 202ODESSA,TX 79760

- exempt status F 501( c) ( 6 ) -4 (insert no ) 1 4947(a)(1) or F_ 527: 1- www odessahcc org

H(a) Is this a group return foraffiliates? fl Yes F No

H(b) Are all affiliates included ? fl Yes F_ NoIf"No," attach a list (see instructions)

H(c) Group exemption number 0-

of organization F Corporation 1 Trust F_ Association 1 Other 1- L Year of formation M State of legal domicile TXurnmar y

1 Briefly describe the organization's mission or most significant activitiesDEVELOP A ND I MP RO VE ECONOMIC CONDITIONS IN THE COMMUNITY BY FOCUSING ON HISPANIC AND NON-HISPANIC SMALL BUSINESSES

2 Check this box Of-ifthe organization discontinued its operations or disposed of more than 25% of Its net assets3 N umber of voting members of the governing body (Part VI, line 1a) . 3 74 Number of independent voting members of the governing body (Part VI, line 1b) 4 75 Total number of employees (Part V, line 2a) 5 56 Total number of volunteers (estimate If necessary) . 6 07a Total gross unrelated business revenue from Part VIII, column (C), line 12 7a 0b Net unrelated business taxable income from Form 990-T, line 34 . 7b 0

Prior Year Current Year8 Contributions and grants (Part VIII, line 1h) . 57,156 5009 Program service revenue (Part VIII, line 2g) . 152,175 199,981

10 Investment Income (Part VIII, column (A), lines 3, 4, and 7d . . . . 2811 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 3,227 80012 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line

12) . . . . . . . . . . . . . . . . . . . 212,558 201,30913 Grants and similar amounts paid (Part IX, column (A), lines 1-3 . 014 Benefits paid to or for members (Part IX, column (A), line 4) . 015 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-

10) 86,194 101,80816a Professional fundraising fees (Part IX, column (A), line 11e) . 0

b Total fundraising expenses (Part IX, column (D), line 25) 0- 017 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24f) . 103,332 96,83218 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 189,526 198,64019 Revenue less expenses Subtract line 18 from line 12 23,032 2,669

Beginning of Current End of YearYeaear20 Total assets (Part X, line 16) . 56,511 61,47421 Total liabilities (Part X, line 26) . 2,012 1,84122 Net assets or fund balances Subtract line 21 from line 20 54,499 59,633

Signature BlockUnder penalties of perjury, I declare that I have examined this return, including aand belief, it is true, correct, and complete Declaration of preparer (other than o

Signature of officer


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990 ( 2009) Page 2Statement of Program Service Accomplishments

Briefly describe the organization ' s missionAND IMPROVE ECONOMIC CONDITIONS IN THE WHOLE COMMUNITY BY FOCUSING ON HISPANIC AND NON-

ANIC SMALL BUSINESSES THIS MISSION INCLUDES THE PROVISION OF QUALITY,TIMELY INFORMATION AND TRAININGEDUCATES, EMPOWERS AND ENRICHES THE LIVES OF MEMBERS WHILE ENHANCING THE ENTIRE COMMUNITY'S QUALITY

Did the organization undertake any significant program services during the year which were not listed onthe prior Form 990 or 990 -EZ'' . . . . . . . . . . . . . . . . . . . . fl Yes F NoIf "Yes," describe these new services on Schedule 0Did the organization cease conducting , or make significant changes in how it conducts , any programservices ? . . . . . . . . . . . . . . . . . . . . . . . . . . F Yes F NoIf "Yes," describe these changes on Schedule 0Describe the exempt purpose achievements for each of the organization ' s three largest program services by expensesSection 501 ( c)(3) and 501(c)(4) organizations and section 4947( a)(1) trusts are required to report the amount of grants andallocations to others , the total expenses , and revenue , if any, for each program service reported

(Code ) (Expenses $ 92,579 including grants of $ ) (Revenue $ 100,391 )THE EDUCATION COMMITTEE WORKS WITH CHAMBER STAFF TO IDENTIFY OPPORTUNITIES FOR THE CHAMBER AND CHAMBER MEMBERS TO PARTNER WITH LOCALAND REGIONAL EDUCATION INSTITUTIONS ON WORKFORCE DEVELOPMENT OPPROTUNITIES EDUCATION COMMITTEE ALSO LOOKS FOR OPPORTUNITIES FOR THECHAMBER TO HOST EDUCATIONAL FORUMS THAT HELP EDUCATE BUSINESS LEADERS AND THE BUSINESS COMMUNITY AT LARGE ON THE ISSUES CONFRONTINGOUR SCHOOLS AND AVAILABLE SOLUTIONS

(Code ) ( Expenses $ 92,579 including grants of $ ) (Revenue $ 100,391 )ECONOMINC DEVELOPMENT PROGRAM ASSISTS SMALL BUSINESSES WITH LOAN PACKAGES, PROVIDES ONE-ON -ONE COUNSELING TO SMALL BUSINESS OPERATORSTO MAXIMIZE SUCCESS OF THOSE BUSINESSES, AND CONDUCTS SEMINARS TO HELP SMALL BUSINESSES

(Code ) ( Expenses $ including grants of $ ) (Revenue $

Other program services ( Describe in Schedule 0(Expenses $ including grants of$ ) (Revenue $Total program service expenses $ 185,158

Form 990 (2009)


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990 (2009) Page 3^ Checklist of Required Schedules

Yes NoIs the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Nocomplete Schedule A . . . . . . . . . . . . . . . . . . . . 1Is the organization required to complete Schedule B, Schedule of Contributors? . 2 NoDid the organization engage in direct or indirect political campaign activities on behalf of or in opposition to Nocandidates for public office? If "Yes,"complete Schedule C, Part I . . . . . . . . . . 3Section 501 ( c)(3) organizations . D id the organization engage in lobbying activities? If "Yes,"complete Schedule C,Part II . . . . . . . . . . . . . . . . . . . . . . . . . 4Section 501 ( c)(4), 501 ( c)(5), and 501 ( c)(6) organizations . Is the organization subject to the section 6033(e)notice and reporting requirement and proxy tax's If "Yes,"complete Schedule C, Part III . 5 NoDid the organization maintain any donor advised funds or any similar funds or accounts where donors have theright to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"completeSchedule D, Part I . . . . . . . . . . . . . . . . . . . . . . 6 N oDid the organization receive or hold a conservation easement, including easements to preserve open space,the environment, historic land areas or historic structures? If "Yes,"complete Schedule D, P ar t 1195 7 NoDid the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"complete Schedule D, Part III . . . . . . . . . . . . . . . . . . . . 8 N oD id the organization report an amount in Part X, line 21, serve as a custodian for amounts not listed in Part X, orprovide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes,"complete Schedule D, Part IV' . 9 N o

Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi- 10 Noendowments? If "Yes,"complete Schedule D, Part 1/lg^Is the organization's answer to any of the following questions "Yes"? If so,complete Schedule D,Parts VI, VII, VIII, IX, orXas applicable.. . . . . . . . . . . . . . . 11 Yes* Did the organization report an amount for land, buildings, and equipment in Part X, line107 If "Yes,"completeSchedule D, Part VI.* Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more ofits total assets reported in Part X, line 16'' If "Yes,"complete Schedule D, Part VII.* Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more ofits total assets reported in Part X, line 16'' If "Yes,"complete Schedule D, Part VIII.* Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assetsreported in Part X, line 16'' If "Yes,"complete Schedule D, Part IX.* Did the organization report an amount for other liabilities in Part X, line 257 If "Yes,"complete Schedule D, Part X.

* Did the organization ' s separate or consolidated financial statements for the tax year include a footnote thataddresses the organization ' s liability for uncertain tax positions under FIN 487 If "Yes,"complete Schedule D, PartX.Did the organization obtain separate , independent audited financial statements for the tax year? If "Yes," completeSchedule D, Parts XI, XII, and XIII S 12 N oWas the organization included in consolidated , independent audited financial statements for the tax year? Yes No

If "Yes,"completing Schedule D, Parts XI, XII, and XIII is optional . . . . . . . . 12A N oIs the organization a school described in section 170(b)(1)(A)(ii)'' If "Yes, "complete Schedule E 13 NoD id the organization maintain an office, employees, or agents outside of the United States? . 14a NoDid the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and programservice activities outside the United States? If "Yes," complete Schedule F, Part I . 14b N oDid the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to anyorganization or entity located outside the U S '' If "Yes,"complete Schedule F, Part II . . 15 NoDid the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance toindividuals located outside the U S '' If "Yes,"complete Schedule F, Part III . . 16 NoD id the organization report a total of more than $15,000, of expenses for professional fundraising services on 17 NoPart IX, column (A), lines 6 and l le? If "Yes,"complete Schedule G, Part ID id the organization report more than $15,000 total offundraising event gross income and contributions on PartVIII, lines 1c and 8a'' If "Yes, "complete Schedule G, Part II . . . . . . . . . . 18 NoD id the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a7 If 19 No"Yes," complete Schedule G, Part III .D id the organization operate one or more hospitals? If "Yes,"complete ScheduleH . 20 No

Form 990 (2009)


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990 (2009) Page 4^ Checklist of Required Schedules (continued)

Did the organization report more than $5,000 of grants and other assistance to governments and organizations in 21 Nothe United States on Part IX, column (A), line 1'' If "Yes,"complete Schedule I, Parts I and II . .Did the organization report more than $5,000 of grants and other assistance to individuals in the United States 22on Part IX, column (A), line 2'' If "Yes," complete Schedule I, Parts I and III . . . . . NoD id the organization answer "Yes" to Part VII, Section A, questions 3, 4, or 5, about compensation of theorganization's current and former officers, directors, trustees, key employees, and highest compensated 23 Noemployees? If "Yes,"complete Schedule J . . . . . . . . . . . . . . . .D id the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000as of the last day of the year, that was issued after December 31, 20027 If "Yes," answer questions 24b-24d andcomplete Schedule K. If "No,"go to line 25 . . . . . . . . . . . . . . . 24a N oD id the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . 24bDid the organization maintain an escrow account other than a refunding escrow at any time during the yearto defease any tax-exempt bonds? . 24cDid the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 24dSection 501(c )( 3) and 501 ( c)(4) organizations . D id the organization engage in an excess benefit transaction witha disqualified person during the year? If "Yes,"complete Schedule L, Part I 25aIs the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prioryear, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ7 If 25b"Yes," complete Schedule L, Part I .Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, ordisqualified person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, 26 NoPart II .Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantialcontributor, or a grant selection committee member, or to a person related to such an individual? If "Yes," 27 Nocomplete Schedule L, Part III .Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IVinstructions for applicable filing thresholds, conditions, and exceptions)

A current or former officer, director, trustee, or key employee? If "Yes,"complete Schedule L, PartIV 28a N oA family member of a current or former officer, director, trustee, or key employee? If "Yes,"complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . 28b N oAn entity of which a current or former officer, director, trustee, or key employee of the organization (or a familymember) was an officer, director, trustee, or owner? If "Yes,"complete Schedule L, Part IV . . 28c NoD id the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M 29 NoDid the organization receive contributions of art, historical treasures, or other similar assets, or qualifiedconservation contributions? If "Yes,"complete Schedule M . . . . . . . . . . . 30 NoDid the organization liquidate, terminate, or dissolve and cease operations? If "Yes,"complete Schedule N,PartI . 31

NoDid the organization sell, exchange, dispose of, or transfer more than 25% of it s net assets? If "Yes,"completeSchedule N, Part II . 32 N oD id the organization own 100% of an entity disregarded as separate from the organization under Regulationssections 301 7701-2 and3017701-3'' If"Yes,"complete Schedule R, PartI . 33 NoWas the organization related to any tax-exempt or taxable entity? If "Yes,"complete Schedule R, Parts II, III, IV,and V, line 1 . 34 N oIs any related organization a controlled entity within the meaning of section 512(b)(13)7 If "Yes,"completeSchedule R, Part V, line 2 . 35 N oSection 501(c )( 3) organizations . Did the organization make any transfers to an exempt non-charitable relatedorganization? If "Yes,"complete Schedule R, Part V, line 2 . . . . . . . . . . 36Did the organization conduct more than 5% of it s activities through an entity that is not a related organizationand that is treated as a partnership for federal income tax purposes? If "Yes,"complete Schedule R, Part VI 37 NoD id the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 197Note . All Form 990 filers are required to complete Schedule 0 38 Yes

Form 990 (2009)


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990 (2009) Page 5Statements Regarding Other IRS Filings and Tax Compliance

Yes NoEnter the number reported in Box 3 of Form 1096, Annual Summary and Transmittalof U.S. Information Returns. Enter -0- if not applicable . .

la 0Enter the number of Forms W-2G included in line la Enter -0- if not applicable lb 0Did the organization comply with backup withholding rules for reportable payments to vendors and reportablegaming (gambling) winnings to prize winners? . . . . . . . . . . . . . . . . 1c NoEnter the number of employees reported on Form W-3, Transmittal of Wage and TaxStatements filed for the calendar year ending with or within the year covered by thisreturn . . . . . . . . . . . . . . . . . . . . 2a 5If at least one is reported on line 2a, did the organization f il e a ll required federal employment tax returns?Note : If the sum of lines la and 2a is greater than 250, you may be required to e-file this return (see 2b Yesinstructions)Did the organization have unrelated business gross income of $1,000 or more during the year covered by thisreturn? . 3a NoIf "Yes," has it fi led a Form 990-T for this year? If "No,"provide an explanation in Schedule O . . . . 3bAt any time during the calendar year, did the organization have an interest in , or a signature or other authorityover, a financial account in a foreign country (such as a bank account, securities account, or other financialaccount)? . 4a NoIf "Yes," enter the name of the foreign country 0-See the instructions for exceptions and filing requirements for Form TD F 90-22 1, Report of Foreign Bank andFinancial AccountsWas the organization a party to a prohibited tax shelter transaction at any time during th e t ax year? . 5a NoDid any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b NoIf"Yes" to line 5a or 5b, did the organization file Form 8886-T, Disclosure by Tax-Exempt Entity RegardingProhibited Tax Shelter Transaction? . ScDoes the organization have annual gross receipts that are normally greater than $100,000, and did the 6a Noorganization solicit any contributions that were not tax deductible?If "Yes," did the organization include with every solicitation an express statement that such contributions or giftswere not tax deductible? . 6bOrganizations that may receive deductible contributions under section 170(c).D id the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and 7a Noservices provided to the payor7 .If "Yes," did the organization notify the donor of the value of the goods or services provided? . 7bDid the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required tofile Form 82827 . 7c NoIf "Yes," indicate the number of Forms 8282 filed during the year 7dDid the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personalbenefit contract? . 7e NoDid the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7f NoFor all contributions of qualified intellectual property, did the organization file Form 8899 as required? . 7g NoFor contributions of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098-C asrequired? . 7h NoSponsoring organizations maintaining donor advised funds and section 509(a )( 3) supporting organizations. Didthe supporting organization, or a donor advised fund maintained by a sponsoring organization, have excessbusiness holdings at any time during the year? . 8 NoSponsoring organizations maintaining donor advised funds.Did the organization make any taxable distributions under section 49667 . 9a NoD id the organization make a distribution to a donor, donor advisor, or related person? . 9b NoSection 501(c )( 7) organizations. EnterInitiation fees and capital contributions included on Part VIII, line 12 10aGross receipts, included on Form 990, Part VIII, line 12, for public use of club 10bfacilitiesSection 501(c )( 12) organizations. EnterGross income from members or shareholders . 11aGross income from other sources (Do not net amounts due or paid to other sourcesagainst amounts due or received from them ) . . . . . . . 11bSection 4947( a)(1) non -exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041' 12aIf "Yes," enter the amount of tax-exempt interest received or accrued during theyear 12b

Form 990 (2009)


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990 (2009) Page 6Governance , Management , and Disclosure For each "Yes" response to lines 2 through 7bbelow, and for a "No" response to l in es 8a, 8b, or 10b below, describe the circumstances,processes, or changes in Schedule 0. See instructions.A. Governing Bodv and Management

Enter the number of voting members of the governing body . la 7Enter the number of voting members that are independent . lb 7Did any officer, director, trustee, or key employee have a family relationship or a business relationship with anyother officer, director, trustee, or key employee?Did the organization delegate control over management duties customarily performed by or under the directsupervision of officers, directors or trustees, or key employees to a management company or other person?D id the organization make any significant changes to its organizational documents since the prior Form 990 wasfiled?Did the organization become aware during the year of a material diversion of the organization's assets?Does the organization have members or stockholders?Does the organization have members, stockholders, or other persons who may elect one or more members of thegoverning body? .Are any decisions of the governing body subject to approval by members, stockholders, or other persons?Did the organization contemporaneously document the meetings held or written actions undertaken during theyear by the followingThe governing body?Each committee with authority to act on behalf of the governing body?Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at theorganization's mailing address? If"Yes," provide the names and addresses in Schedule 0

Yes I No

2 No

3 No

4 Yes5 No6 Yes

7a Yes7b Yes

8a Yes8b Yes

9 1 1 NoB. Policies (This Section B requests information about policies not required by the InternalCode.)

Does the organization have local chapters, branches, or affiliates?If "Yes," does the organization have written policies and procedures governing the activities of such chapters,affiliates, and branches to ensure their operations are consistent with those of the organization? . .Has the organization provided a copy of this Form 990 to all members of it s governing body before filing the form?

Describe in Schedule 0 the process, if any, used by the organization to review the Form 990 .

Does the organization have a written conflict of interest policy? If "No,"go to line 13 . .Are officers, directors or trustees, and key employees required to disclose annually interests that could give riseto conflicts? . .Does the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes,"describe in Schedule 0 how this is doneDoes the organization have a written whistleblower policy?Does the organization have a written document retention and destruction policy?D id the process for determining compensation of the following persons include a review and approval byindependent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?The organization's CEO, Executive Director, or top management officialOther officers or key employees of the organizationIf "Yes" to line a orb, describe the process in Schedule 0 (See instructions

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with ataxable entity during the year?If "Yes," has the organization adopted a written policy or procedure requiring the organization to evaluate itsparticipation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard theorganization's exempt status with respect to such arrangements?

C. Disclosure

Yes No10a N o

10b

11 No

12a N o

12b

12c13 No14 No

15a15b

16a N o

16b

List the States with which a copy of this Form 990 is required to be filed-Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable ), 990, and 990 -T (50 1(c)(3)s only) available for public inspection Indicate how you make these available Check all that applyfl Own website fl Another' s website F Upon requestDescribe in Schedule 0 whether ( and if so , how), the organization makes it s governing documents , c on fl ic t o finterest policy, and financial statements available to the public See Additional Data TableState the name, physical address, and telephone number of the person who possesses the books and records of the organization -MANNYPUGA700 N GRANT STE 200ODESSA,TX 79760(432) 333-7892

Form 990 (2009)


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990 (2009) Page 7Compensation of Officers , Directors ,Trustees , Key Employees , Highest CompensatedEmployees , and Independent ContractorsA . Officers , Directors , Trustees , Key Employees , and Highest Compensated Employeesthis table for all persons required to be listed Report compensation for the calendar year ending with or within the organization's

Use Schedule J-2 if additional space is neededall of the organization' s current officers, directors, trustees (whether individuals or organizations), regardless of amount

and current key employees Enter -0- in columns (D), (E), and (F) if no compensation was paidal l of the organization' s current key employees See instructions for definition of "key employee "the organization's five current highest compensated employees (other than an officer, director, trustee or key employee)

reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from theand any related organizations

al l of the organization' s former officers, key employees, or highest compensated employees who received more than $100,000compensation from the organization and any related organizations

all of the organization' s former directors or trustees that received, in the capacity as a former director or trustee of themore than $10,000 of reportable compensation from the organization and any related organizationsin the following order individual trustees or directors, institutional trustees, officers, key employees, highestemployees, and former such persons

this box if the organization did not compensate any current or former officer, director, trustee or key employee(A) (B) (C) (D ) ( E) (F)

Name and Title Average Position ( check all Reportable Reportable Estimatedhours that apply ) compensation compensation amount of otherper from the from related compensationweek organization (W- organizations from the

0 2/1099-MISC) ( W- 2/1099- organization and-D T MISC ) related

c c c a organizationsmQ -Dm 3 Q

MADRIGAL 10 0 X 0 0 0MARTINEZ 10 0 X 0 0 0SALINAS 10 0 X 0 0 0/ EXEC BOARD MEMBERAPOLINARIO 10 0 X 0 0 0ARZATE 10 0 X 0 0 0MEMBER

10 0 X 0 0 0POYNOR 10 0 X 0 0 0MARTINEZ 10 0 X 0 0 0ELECT

JOVEN 10 0 X 0 0 0MORALEZ 10 0 X 0 0 0MEMBERHAYES 10 0 X 0 0 0

SANCHEZ 10 0 X 0 0 0CHAVEZ 10 0 X 0 0 0/ FINANCE CHAIRPUGA 40 0 X 72,546 0 0

Form 990 (2009)


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990 (2009) Page 8Total . . . . . . . . . . . . . . . . . . 72,546 0 0Total number of individuals (including but not limited to those listed above) who received more than$100,000 in reportable compensation from the organization-0

NoDid the organization list any former officer, director or trustee, key employee, or highest compensated employeeon line la's If"Yes,"complete Schedule] forsuch individual . . . . . . . . . . . . 3 NoFor any individual listed on line la, is the sum of reportable compensation and other compensation from theorganization and related organizations greater than $150,000' If"Yes,"complete Schedule] forsuchindividual 4 NoDid any person listed on line la receive or accrue compensation from any unrelated organization for servicesrendered to the organization ? If "Yes, "complete ScheduleI fo r such person . . . . . . . . . 5 No

B. Independent ContractorsComplete this table for your five highest compensated independent contractors that received more than$100,000 of compensation from the organization

(A) (B) (C)Name and business address Description of services Compensation

number of independent contractors (including but not limited to those listed above) who received more thanin compensation from the organization 0-0

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990 (2009) Page 9Statement of Revenue

(A) (B) (C) (D)Total revenue Related or Unrelated Revenue

exempt business excluded fromfunction revenue tax underrevenue sections

512, 513, or514

la Federated campaigns . lab Membership dues . . . . lbc Fundraising events . 1cd Related organizations . . . lde Government grants (contributions) lef All other contributions, gifts, grants, and if 500similar amounts not included aboveg Noncash contributions included inlines la-1f $

h Total.Add lines la-1f . 500Business Code

2a ODC 106,955 106,955b CAREER FEST 4,675 4,675C GOLF INCOME 14,965 14,965d MEMBERSHIP DUES 23,232 23,232e BANQUET INCOME 27,021 27,021f All other program service revenue 23,133 23,133

g Total . Add lines 2a-2f . 199,9813 Investment income (including dividends, interest

and other similar amounts) 10- 28 284 Income from investment of tax-exempt bond proceeds . . 0- 05 Royalties . . . . . . . . . . . . 0- 0

(i) Real (ii) Personal6a Gross Rentsb Less rental

expensesc Rental incomeor (loss)

d Net rental income or (loss) . .(i) Securities (ii) Other

7a Gross amountfrom sales ofassets otherthan inventory

b Less cost orother basis andsales expenses

c Gain or (loss)d Net gain or (loss) 0

8a Gross income from fundraisingevents (not including$of contributions reported on line 1c)See Part IV, line 18 . a

b Less direct expenses . bc Net income or (loss) from fundraising events . 0

9a Gross income from gaming activitiesSee Part IV, line 19 . .

ab Less direct expenses . bc Net income or (loss) from gaming activities . 010a Gross sales of inventory, less

returns and allowances .a

b Less cost of goods sold . bc Net income or (loss) from sales of inventory . 0- 0

Miscellaneous Revenue Business Code800 800


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990 (2009) Page 10Statement of Functional Expenses

Section 501 ( c)(3) and 501 ( c)(4) organizations must complete all columns.l other organizations must complete column (A) but are not required to complete columns ( B), (C), and (D).

include amounts reported on lines 6b,, 9b , and 10b of Part VIII .

(A)Total expenses

(B )Program serviceexpenses

(C)Management andgeneral expenses

(D)Fundraisingexpenses

Grants and other assistance to governments and organizationsin the U S See Part IV, line 21 0Grants and other assistance to individuals in theU S See Part IV, line 22 0Grants and other assistance to governments,organizations, and individuals outside the U S SeePart IV, lines 15 and 16 0Benefits paid to or for members 0Compensation of current officers, directors, trustees, andkey employees 72,546 72,546Compensation not included above, to disqualified persons(as defined under section 4958(f)(1)) and personsdescribed in section 4958(c)(3)(B) 0Other salaries and wages 22,244 22,244Pension plan contributions (include section 401(k) and section40 3(b) employer contributions) . 0Other employee benefits 0Payroll taxes . . . . . . . . . . 7,018 7,018Fees for services (non-employees)Management . 0Legal . 0Accounting 2,130 2,130Lobbying . 0Professional fundraising See Part IV, line 17 0Investment management fees 0Other . 0Advertising and promotion 11,860 11,860Office expenses 2,907 2,907Information technology 1,566 1,566Royalties . 0Occupancy . 0Travel 1,603 1,603Payments of travel or entertainment expenses for any federal,state, or local public officials 0Conferences, conventions, and meetings 2,874 2,874Interest . 0Payments to affiliates 22,946 22,946Depreciation, depletion, and amortization 0Insurance 0Other expenses Itemize expenses not covered above (Expensesgrouped together and labeled miscellaneous may not exceed 5% of totalexpenses shown on line 25 below )PROFESSIONAL DEVELOPMENT 200 200GIFTS MXR, P/R, SMALL BUSINESS 404 404GIFTS /OTHER 550 550RECONCILIATION DISCREPANCIES -166 -166BANQUET EXPENSES 9,661 9,661All other expenses 40,297 32,236 8,061Total functional expenses . Add lines 1 through 24f 198,640 185,158 13,482Joint costs. Check here F- if following SOP 98-2Complete this line only if the organization reported incolumn (B) joint costs from a combined educationalcampaign and fundraising solicitation

Form 990 (2009)


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990 (2009) Page 11Balance Sheet

(A) (B)Beginning of year End of year

1 Cash-non-interest-bearing 43,839 1 52,2932 Savings and temporary cash investments 23 Pledges and grants receivable, net 34 Accounts receivable, net 12,322 4 3,5205 Receivables from current and former officers, directors, trustees, key employees, and

highest compensated employees Complete Part II ofSchedule L 5

6 Receivables from other disqualified persons (a s defined under section 4958(f)(1)) andpersons described in section 4958(c)(3)(B) Complete Part II ofSchedule L 6

7 Notes and loans receivable, net 78 Inventories for sale or use 89 Prepaid expenses and deferred charges 910a Land, buildings, and equipment cost or other basis Complete Part 12,360

VI of Schedule D 10ab Less accumulated depreciation 10b 6 ,699 10c 5,661

11 Investments-publicly traded securities 1112 Investments-other securities See Part IV, line 11 1213 Investments-program-related See Part IV, line 11 1314 Intangible assets 1415 Other assets See Part IV, line 11 350 15 016 Total assets . Add lines 1 through 15 (must equal line 34) . 56,511 16 61,47417 Accounts payable and accrued expenses 2,012 17 1,84118 Grants payable 1819 Deferred revenue 1920 Tax-exempt bond liabilities 2021 Escrow or custodial account liability Complete Part IVof Schedule D 2122 Payables to current and former officers, directors, trustees, key

employees, highest compensated employees, and disqualifiedpersons Complete Part II of Schedule L . 22

23 Secured mortgages and notes payable to unrelated third parties 2324 Unsecured notes and loans payable to unrelated third parties 2425 Other liabilities Complete Part X of Schedule D 2526 Total liabilities . Add lines 17 through 25 . 2,012 26 1,841

Organizations that follow SFAS 117, check here F and complete lines 27through 29, and lines 33 and 34.

27 Unrestricted net assets 54,499 27 59,63328 Temporarily restricted net assets 2829 Permanently restricted net assets 29

Organizations that do not follow SFAS 117 check here F- and complete,lines 30 through 34.

30 Capital stock or trust principal, or current funds 3031 Paid-in or capital surplus, or land, building or equipment fund 3132 Retained earnings, endowment, accumulated income, or other funds 3233 Total net assets or fund balances 54,499 33 59,63334 Total liabilities and net assets/fund balances 56,511 34 61,474

Form 990 (2009)


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990 (2009) Page 12Financial Statements and Reporting

Yes NoAccounting method used to prepare the Form 990 p Cash F Accrual F-OtherIf the organization changed it s method of accounting from a prior year or checked "Other," explain in Schedule 0Were the organization's financial statements compiled or reviewed by an independent accountant's 2a NoWere the organization's financial statements audited by an independent accountant? . 2b NoIf "Yes," to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of theaudit, review, or compilation of its financial statements and selection of an independent accountant?If the organization changed either its oversight process or selection process during the tax year, explain inSchedule 0 . . . 2cIf "Yes" to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issuedon a consolidated basis, separate basis, or bothfl Separate basis fl Consolidated basis fl Both consolidated and separated basis

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in theSingle Audit Act and 0MB Circular A-133? . . . . . . . . . . . . . . . 3a NoIf "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required 3baudit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits . .

Form 990 (2009)


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Data

Software ID:Software Version:

EIN: 75 -2380906Name : ODESSA HISPANIC CHAMBER OF COMMERCE

990, Part VIII - Statement of Revenue - 2a - 2g Program Service Revenue -(A) (B) (C) (D)

Total Revenue Related or Unrelated RevenueBusiness Code Exempt Business Excluded from

Function Revenue Tax under IRCRevenue 512, 513, or 514

DC 106,955 106,955FEST 4,675 4,675

INCOME 14,965 14,965

DUES 23,232 23,232

QUET INCOME 27,021 27,021


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990 , Part IX - Statement of Functional Expenses - 24a - 24e Other ExpensesDo not include amounts reported on line

6b , 8b , 9b, and 10b of Part VIII,(A)

Total expenses(B )

Program serviceexpenses

(C)Management andgeneral expenses

(D )Fundraisingexpenses

PROFESSIONAL DEVELOPMENT 200 200GIFTS MXR, P/R, SMALL BUSINESS 404 404GIFTS /OTHER 550 550RECONCILIATION DISCREPANCIES -166 -166BANQUET EXPENSES 9,661 9,661


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GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493316046520D OMB No 1545-0047

990) Supplemental Financial Statements 2009- Complete if the organization answered " Yes," to Form 990,

of the Treasury Part IV , line 6, 7 , 8, 9, 10 , 11, or 12.Revenue Service Attach to Form 990 . 1- See separate instructions.

of the organization Employer identification numberHISPANIC CHAMBER OF COMMERCE

1 75-2380906Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if theor g anization answered "Yes" to Form 990 Part IV , line 6.

(a) Donor advised funds (b) Funds and other accountsTotal number at end of year 0 0Aggregate contributions to (during year) 0 0Aggregate grants from (during year) 0 0Aggregate value at end of year 0 0D id the organization inform all donors and donor advisors in writing that the assets held in donor advisedfunds are the organization's property, subject to the organization's exclusive legal control? 1 Yes 1 NoDid the organization inform al l grantees, donors, and donor advisors in writing that grant funds may beused only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purposeconferring impermissible private benefit 1 Yes 1 No

Conservation Easements . Complete if the organization answered "Yes" to Form 990, Part IV, line 7.Purpose(s) of conservation easements held by the organization (check al l that apply)1 Preservation of land for public use (e g , recreation or pleasure) 1 Preservation of an historically importantly land area1 Protection of natural habitat 1 Preservation of a certified historic structure1 Preservation of open spaceComplete lines 2a-2d if the organization held a qualified conservation contribution in the form of a conservationeasement on the last day of the tax year

Total number of conservation easementsTotal acreage restricted by conservation easementsNumber of conservation easements on a certified historic structure included in (a)N umber of conservation easements included in (c) acquired after 8/17/06

Held at the End of the Year2a 02b 0 002c 02d 0

N umber of conservation easements modified, transferred , released, extinguished , or terminated by the organization duringthe taxable year 0- 0Number of states where property subject to conservation easement is located 0- 0Does the organization have a written policy regarding the periodic monitoring , inspection , handling of violations, andenforcement of the conservation easements it holds ? 1 Yes 1 NoStaff and volunteer hours devoted to monitoring , inspecting and enforcing conservation easements during the year 0- 0 00Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year -$ 0Does each conservation easement reported on line 2(d) above satisfy the requirements of section170(h)(4)(B)(i) and 170(h)(4)(B)(ii)'' fl Yes fl NoIn Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, andbalance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describesthe organization's accounting for conservation easements

Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets.ComDlete if the oraanization answered "Yes" to Form 990. Part IV. line 8.

If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works ofart, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,provide, in Part XIV, the text of the footnote to its financial statements that describes these itemsIf the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,provide the following amounts relating to these items(i) Revenues included in Form 990, Part VIII, line 1 0- $ 000 Assets included in Form 990, Part X -$If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide thefollowing amounts required to be reported under SFAS 116 relating to these itemsRevenues included in Form 990, Part VIII, line 1Assets included in Form 990, Part X

0- $

0

00

Act and Paperwork Reduction Act Notice , see the Intructions for Form 990 Cat No 52283D Schedule D ( Form 990) 2009


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D (Form 990) 2009 Page 20 ii-ganizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)

Using the organization's accession and other records, check any of the following that are a significant use of it s collectionitems (check all that apply)F_ Public exhibition d 1 Loan or exchange programs1 Scholarly research e F OtherF Preservation for future generationsProvide a description of the organization's collections and explain how they further the organization's exempt purpose inPart XIVDuring the year, did the organization solicit or receive donations of art, historical treasures or other similarassets to be sold to raise funds rather than to be maintained as part of the organization's collection? 1 Yes 1 No

Escrow and Custodial Arrangements . Complete if the organization answered "Yes" to Form 990,Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets notincluded on Form 990, Part X'' 1 Yes fl NoIf "Yes," explain the arrangement in Part XIV and complete the following table

Beginning balanceAdditions during the yearDistributions during the yearEnding balanceDid the organization include an amount on Form 990, Part X, line 21''

A mount1c 0ld 0le 0if 0

fl Yes l NoIf "Yes, " explain the arrangement in Part XIV

Endowment Funds . Com p lete If the or g anization answered "Yes" to Form 990, Part IV , line 10.Beginning of year balanceContributionsInvestment earnings or lossesGrants or scholarships . .Other expenditures for facilitiesand programsAdministrative expensesEnd of year balance .

(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back0 00 00 00 00 0

0 00 0

Provide the estimated percentage of the year end balance held asBoard designated or quasi-endowment 0- 0Permanent endowment 0- 0Term endowment 0- 0Are there endowment funds not in the possession of the organization that are held and administered for theorganization by Yes No(i) unrelated organizations . . . . . . . . . . . . . . . . . . . . . . . . 3a(i)(ii) related organizations . . . . . . . . . . . . . . . . . . . . . . 3a(ii)If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R'' . . I 3bDescribe in Part XIV the intended uses of the organization's endowment funds

Investments-Land . Buildinas . and Eauioment . See Form 990. Part X. line 10 .Description of investment (a) Cost or otherbasis (investment)

(b)Cost or otherbasis (other)

(c) Accumulateddepreciation (d) Book value

LandBuildingsLeasehold improvements 1,697 70 1,627Equipment 223 32 191ther 10,440 6,597 3,843

. Add lines la-1e (Column (d) should equal Form 990, Part X, column (B), line 10(c).) . 5,661Schedule D (Form 990) 2009


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D (Form 990) 2009 Page 3Investments-Other Securities . See Form 990 , Part X , line 12.

(a) Description of security or category (b)Book value (c) Method of valuation(including name of security) Cost or end-of-year market valuederivatives

equity interests

. (Column (b) should equal Form 9 90 , P ar t X, col (B) line 12 ) 011Investments-Program Related . See Form 990. Part X. line 13.

(a) Description of investment type I (b) Book value (c) Method of valuationCost or end-of-vear market value

. (Column (b) should equal Form 9 90 , P ar t X, col (B) line 13 ) 011Other Assets . See Form 990 , Part X line 15.

(a) Description (b) Book value

. (Column (b) should equal Form 990, Part X, col.(B) line 15.)ther Liabilities . See Form 990 , Part X, line 25.


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D (Form 990) 2009 Page 4Reconciliation of Chan g e in Net Assets from Form 990 to Financial Statements

Total revenue (Form 990, Part VIII, column (A), line 12) 1Total expenses (Form 990, Part IX, column (A), line 25) 2Excess or (deficit) for the year Subtract line 2 from line 1 3Net unrealized gains (losses) on investments 4Donated services and use of facilities 5Investment expenses 6Prior period adjustments 7Other (Describe in Part XIV) 8Total adjustments (net) Add lines 4 - 8 9Excess or (deficit) for the year per financial statements Combine lines 3 and 9 10

Reconciliation of Revenue p er Audited Financial Statements With Revenue p er Re turnTotal revenue, gains, and other support per audited financial statements . 1Amounts included on line 1 but not on Form 990, Part VIII, line 12Net unrealized gains on investments . 2aDonated services and use of facilities . 2bRecoveries of prior year grants 2cOther (Describe in Part XIV) 2dAdd lines 2a through 2d 2eSubtract line 2e from line 1 . 3Amounts included on Form 990, Part VIII, line 12, bu t not on line 1Investment expenses not included on Form 990, Part VIII, line 7b 4aOther (Describe in Part XIV) 4bAdd lines 4a and 4b . cTotal Revenue Add lines 3 and 4c. (This should equal Form 990, Part I, line 12 . 5

Reconciliation of Ex p enses p er Audited Financial Statements With Ex p enses p er ReturnTotal expenses and losses per audited financialstatements 1Amounts included on line 1 but not on Form 990, Part IX, line 25Donated services and use of facilities . 2aPrior year adjustments 2bOther losses 2cOther (Describe in Part XIV) 2dAdd lines 2a through 2d . eSubtract line 2e from line 1 . 3Amounts included on Form 990, Part IX, line 25, but no t on line 1:Investment expenses not included on Form 990, Part VIII, line 7b 4aOther (Describe in Part XIV) 4bAdd lines 4a and 4b . cTotal expenses Add lines 3 and 4c. (This should equal Form 990, Part I, line 18 . 5

Su pplemental Informationthis part to provide the descriptions required for Part II, lines 3, 5, and 9, Part III, lines la and 4, Part IV, lines lb and 2b,

V , line 4, Part X, Part XI, line 8, Part XII, lines 2d and 4b, and Part XIII, lines 2d and 4b Also complete this part to provide anyinformationRet urn Reference Explanat ion

Schedule D (Form 990) 2009


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GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 934933160465200

OMB No 1545-0047990) Supplemental Information to Form 990 2009of the Treasury Complete to provide information for responses to specific questions onForm 990 or to provide any additional information . OpenRevenue Service 0- Attach to Form 990. Inspection

of the organizationHISPANIC CHAMBER OF COMMERCE

Employer identification number75-2380906

Identifier Return Reference ExplanationI GOVERNING PT V I GOVERNING MEMBERS ARE CLASSIFIED AS ACTIVE, LIFE AND HONORARY MEMBERS LIFE MEMBERSHIPY, BODY, SHALL BE CONFERRED AT THE ANNUAL MEETING UPON THOSE WHO HAVE QUALIFIED

& MANAGEMENT & DURING THE YEAR BY HAVING SECURED AT LEAST FIFTY MEMBERSHIP UNITS WITHIN ACLOSURE DISCLOSURE TWELVE-MONTH PERIOD SUCH LIFE MEMBERSHIPS SHALL BE WITHOUT DUES AND WITHOUT

THE PRIVILEGE OF VOTING BOARD MEMBER MEETINGS ARE HELD WHERE ANY POSSIBLECONFLICTS ARE DISCUSSED AND ATTENDED TO

I GOVERNING AMENDED BY-LAWS SEE ATTACHMENTAS OF AUGUST 6,

& 2009

ReduchonActNohce , seethe Instructons forForm 990 Cat No 51056K Schedule 0 (Form 990)2009


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,ODESSA HISPANIC CHAMBER OF COMMERCE

BY-LAWSTHE BY-LAWS OF THE ODESSA HISPANIC CHAMBER OF COMMERCE WEREHEREBY AMENDED ON August 6, 2009, SO THAT THE SAME HEREAFTER SHALLREAD AS FOLLOWS, TO-WIT:

ARTICLE ISection 1 The name of this organization shall be the ODESSA HISPANIC

CHAMBER OF COMMERCE.Section 2 The principle office of the ODESSA HISPANIC CHAMBER OF

COMMERCE shall be at 119 West 40' Street, Ste 202 in the City of Odessa, Ector County,Texas. Branch office or offices and branch places of business may be from time to time asdetermined.

ARTICLE II PURPOSESection 1 The purpose of the Chamber shall be:

'"'' a) To promote the civic , commercial , cultural, industrial and agriculturalinterest and development of the City of Odessa and the Permian Basin

b) To aid in the establishment and development of worthwhile enterpriseswhich will tend to increase the prosperity and promote the welfare ofthe Odessa area and its surrounding trade territory

c) To stand and work for local harmony among all interests of theCommunity and all activities of the organization shall be non-profitable, nonpartisan, and nonsectarian, and the Chamber shall never,by resolution or otherwise, support or endorse any candidate for publicoffice, or any political party, nor shall any meetings of political naturewhatsoever be held within the premises occupied by or under itscontrol

ARTICLE III MEMBERSHIP AND DUESSection 1 Members shall be classified as Active members. Life members and

Honorary members.Section 2 Any reputable person , firm, corporation, partnership , or estate that is in

sympathy with the purpose of the organization shall be eligible to apply for active membership.

Revised: August 6, 2009 Last printed 8/6/2009


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Section 3 The annual dues of each active member shall be set by the Board ofDirectors. Dues shall be payable into the general fund annually, semi-annually and quarterly inadvance as each member shall elect. If the member requests a ribbon cutting, one year's dues inadvance are required.

Section 4 Any member whose membership investment remains unpaid sixty (60)days after an anniversary date for said member, shall automatically become a delinquentmember. A bill covering the unpaid membership investment and notice of the effect on thisSection shall thereupon be mailed to such member. If the membership investment remainsunpaid for an additional period of thirty (30) days after the mailing of the bill and notice, thedelinquent member will be referred to the Executive Committee and the Board of Directors forcancellation ofmembership. All rights and privileges of the delinquent member shall beterminated immediately upon cancellation of membership.

Section 5 Life membership shall be conferred at the annual meeting upon those whohave qualified during the year by having secured at least fifty membership units within a twelve-month period. Such life membership shall be without dues and without the privilege of voting.

Section 6 Honorary membership may be conferred from time to time as the Boardmay determine. Such Honorary membership shall be without dues and without the privilege ofvoting.

Section 7 Any member, upon written request to the Executive Committee or theBoard, may resign from the Chamber.

Section 8 The death of a member or the removal of a member ' s residence from thecity or vicinity will cancel his membership pledge.

Section 9 Any person, firm, corporation, partnership or estate holder with one ormore memberships shall have the right at any time to change any or all of its representativesupon written notice.

Section 10 Every active member in good standing shall be entitled to cast one vote.Section 11 Special subscriptions and assessments shall be solicited only when

authorized and directed by the Board of Directors. All such special subscriptions andassessments shall likewise be paid into the general fund, or into a special fund if so designated bythe Board of Directors. Such special funds shall be controlled and audited in the same manner asthe general fund.

Section 12 No member shall sell, assign , transfer or in any manner whatsoeverdispose of his membership in the Chamber, or be deprived thereof, except in the manner hereinprovided.

Section 13 Special membership meetings may be called by the Executive committee,th e board and/or Chairman, and shall be called by the Chairman upon written request of nine

Revised: August 6, 2009 Last printer! 8/6/2009


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Directors or five percent of the members in good standing; provided, however, that such requestsspecifies the purpose for which the meeting is to be called.

ARTICLE IV NOMINATING CONMTTEESection 1 The Nominating committee will consist of one Vice Chairman and twoDirectors chosen from the current board in June of each year who will be responsible for seeking

candidates for the board and submitting nominations to the board for all opened board positions.Section 2 It shall be the duty of this committee to nominate from the membership of

the Chamber as many candidates as there are vacancies on the Board to be filled. They willsecure agreements to serve as Directors elected. These names shall be submitted to themembership by mail or email as soon as practicable. From this date of notification, themembership will have ten days to make further nominations from the current "in good standing"membership list in June each year. Additional nominations can be made by written petition tothe Nominating committee by ten members of the Chamber who are in good standing". Shouldadditional names be submitted, then the total new number nominees shall be resubmitted by mailballot to the membership. Those receiving the highest number of votes necessary to filling allthe vacancies shall be declared elected Directors.

Section 3 The Nominating Committee is to count the ballots and certify the results.In case of a tie vote, the decision shall be by lot, in such a manner as may be determined by theNomination Committee.

Section 4 In addition, it shall be the duty of the Nominating Committee torecommend to the Executive committee in June of each year, a Chairman-Elect, a Treasurer, aVice-Chairman for Workforce Initiatives, a Vice-Chairman for Economic Development (SmallBusiness Development), a Vice-Chairman for Education, a Vice-Chairman for MembershipServices, and as many others as are necessary to accomplish program objectives.

ARTICLE V BOARD OF DIRECTORS

Section 1 The activities, program, property control and policy statement of theorganization shall be vested in the Executive Committee through a Board of Directors ofno lessthan fifteen (15) members. Said Board shall be composed of ;

(a ) members elected by the membership to the board, as hereinafter provided, for a three-year term for a maximum ofthree consecutive terms(b) the Chair and Chair-Elect elected by the membership, from within the duly electedboard, as herein provided, for a term ofone year term for a maximum of two consecutivetermsThe Directors, by recommending individuals to Nominating Committee and voting, shall

fill all vacancies on the board at a regularly scheduled Board meeting. The Board of Directorsshall meet at least ten times a year.



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f Section 2 Special meetings may be called by the Chairman and shall be called by theExecutive upon written request of nine Directors.

Section 3 The three year term of the Board of Directors and all officers, excludingthe Executive, shall correspond to the fiscal year of the Chamber.

Section 4 Absence from three regular meetings, without an excuse deemed valid bythe Executive Committee, shall be construed as a resignation and it shall be the responsibility ofthe Chairman to notify the member of the pending resignation after two unexcused absences.Any Board member may be removed, either with or without cause, by a majority vote at anyregular or special meeting of the Board at which a quortun is present.

Section 5 Eight members of the Board shall constitute a quorum.Section 6 After serving three full elected consecutive terms of three years a person

shall remain offthe Board at least one year before being eligible to serve another three yearelective term. Assuming a person has not exhausted his/her three term limit, he/she will beeligible to he elected to the board

Section 7 Proxy voting shall not be allowed.

ARTICLE VI EXECUTIVE COMMITTEESection I The Executive Committee consists on the Chairman, Chairman-Elect,

Immediate Past Chairman, in Ex-officio capacity, Treasurer, and all Vice-Chairmen, elected bythe Board from its own number at a meeting in June of each year; and the Chief ExecutiveOfficer of the Chamber shall be an ex-officio member of both the Executive Committee and theBoard.

Section 2 The Chief Executive Officer shall prepare an organizational structure andprocedures for accomplishing the objectives of the year for presentation to the board . Followingboard approval , the Executive Committee will represent the Board in making certain that thepolicies , procedures and By-Laws of the Board are followed and that the objectives , approved bythe Board , are accomplished . The CEO will make regular reports to the Board.

Section 3 The Executive Committee shall, during the intervals between meetings ofthe Directors, possess and exercise all the functions ofthe Board. The Executive Committeeshall attend to the Chamber and also shall perform such duties as from time to time may bedelegated to it by the Board.

Section 4 The Executive Committee may refer matters brought before it to a properstanding committee, which it or the Board, may designate.



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Section 5 The Executive Committee is responsible to the Board ofDirectors for thef operation and function of all its committees. They are to represent the Directors in critical

analysis and discussion for each item in the Program of action, each project and special activityengaged in the Odessa Hispanic Chamber of Commerce.Section 6 A majority of the Executive Committee shall constitute a quorum.

ARTICLE VII DUTIES OF OFFICERSSection 1 The Chairman shall be th e Chief Executive and policy officer who shall

preside over meetings of the membership, of the Board, and the Executive Committee. He/sheshall be the chief spokesman of th e Chamber's Board. He/she shall have the power to appoint allCommittee Chairs to those committees deemed necessary by the Executive Committee and anyspecial Adhoc committees created by the Chair. The Chief Executive Officer reports to the chairof the board. The Chair will be elected to a term of no less than one (1) year with a limit of twoconsecutive years.

Section 2 The Chairman-Elect shall be the next succeeding Chairperson. He/sheshall perform duties delegated to him/her from time to time by the Chairman. In the case of theChairman's long-termerm incapacity, resignation or removal from office, the Chairman-Elect willsucceed to th e role of Chairman. In th e event that a Chair-elect succeeds a Chair under thisprovision, this succession does not affect the two consecutive term rule listed herein.

Section 3 The Vice-Chairman and Treasurer shall be responsible for performing allthe financial and accounting responsibilities of the organization, for keeping and updatingchamber by laws, policies, procedures and any duties as delegated to them by the Chairman fromtime to time.

Section 4 The Vice-Chairman ofMembership Services shall be responsible forincreasing the membership, reporting all delinquents, recommend all membership cancellationsand expulsions of chamber members to the Board for its approval.

Section 5 The Chief Executive Officer/President shall be the chief administrativeofficer, operating under policy established by the Board and responsible to the ExecutiveCommittee, at a salary fixed by the Executive Committee and approved by the board. It will alsobe the responsibility of the Chief Executive Officer/President or his/her designate to serve assecretary for the Odessa Hispanic Chamber of Commerce.

Section 6 The Treasurer will serve as Chairman of the Budget Committee and willbe responsible for reviewing the financial reports ofthe Chamber and reporting to the directorson the financial condition of the Chamber of Commerce. It will also be the responsibility of theTreasurer to be chairman of the By-Laws committee and to review the By-Laws to makerecommendations on any needed changes to the Executive Committee. In addition, he/she shallattest all official papers.

J Revised: August 6, 2009 Last printed 8/6/2009


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Section 7 All elected Vice Chairs of the chamber and their committees willautomatically be responsible for all chamber program initiatives in their respective areas, makingrecommendations and reports for the given position to which they were duly elected. Theseelected positions will include, bu t are no t limited to; Vice-Chairman for Workforce Initiatives, aVice-Chairman for Economic Development (Small Business Development), a Vice-Chairman forEducation, a Vice-Chairman for Membership Services, and as many ot hers as are deemednecessary to accomplish the Chamber program objectives.

ARTICLE VIII COMMITTEES

1

Section 1 The Executive Board shall authorize and define the powers and duties ofall committees.

Section 2 The Chairman shall appoint or authorize the appointment of all committeeChairman with approval of the Executive Committee.

Section 3 The Budget Committee shall compile a budget of estimated expenses andincome for approval of the Board. This committee shall also be responsible for an annual auditof the books and accounts of the Chamber.

Section 4 The Board must approve all programs and resolutions of committees priorto being made public.

Section 5 No "Special Purpose" organization may be established under the auspicesof the Chamber until a proposal stating the purposes, policy and By-Laws is submitted to theBoard. If approved and established, such organization will be required to make regular reports tothe Board.

Section 6 The members of the Executive Committee and the (Executive) Chief-Executive Officer shall be ex-officio members of al l committees of the Chamber, as well as al lorganizations approved under this Article.

ARTICLE IX NUSCELLANEOUSSection 1 Finds: Upon approval of the budget by the Board of Directors, the Chief

Executive Officer may be authorized to make expenditures approved in the budget. TheExecutive Committee must approve any additional expenses not approved in the budget.

Section 2 Fiscal Year: The fiscal year ofthe Chamber shall end the last day onSeptember of each year.

Section 3 Referenda: Upon written request of five percent of the members in goodstanding of the Chamber, the Board shall, or upon its own initiative, submit any question to the



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members for a mail referendum vote, the ballot for such vote to be accompanied by statementspresenting both sides ofthe question. When so stated in the request, action taken therein by themembership shall be final.

Section 4 Endorsements : The Chamber makes no endorsements by letter, throughmedia or otherwise, or any individual, private product , scheme , promotion , company or agency.

Section 5 Dissolution: The Chamber shall use its funds only to accomplish theobjectives and purpose specified in these By-Laws, and no part of said fund shall inure, or bedistributed, to the members of the Chamber. On dissolution of the Chamber, any fundsremaining shall be distributed to one or more regularly organized and qualified charitable,educational, scientific or philanthropic organizations to be selected by the Board of Directors.

Section 6 All questions of parliamentary procedure shall be decided according toRoberts Rules of Order (Revised).

Section 7 Contributions to outside agencies. The Chambers funds are to beexpended for Chamber purposes in accordance with the duly adopted budget. Funds shall not bebudgeted or expended for charitable contributions.

ARTICLE X AMENDMENTSSection 1 These By-Laws can be amended at any regular meeting by a majority vote

of the Board present , with quorum requirement being met , or at any special meeting called forthis purpose only after following procedures listed in Section 2 of this Article have beenfollowed.

Section 2 Any and al l proposed changes to these By-Laws must first be submitted tothe Treasurer who will place said proposed changes before the Board for consideration. Oncethe Board has reviewed and voted to make proposed changes, the Treasurer will create a By Lawcommittee who will be responsible for creating the first draft of any proposed changes. Theproposed changes will then be presented to the Executive Committee for review, discussion andsubmission to the Board.

Section 3 Notice of meetings at which such amendments are to be considered must begiven at least three days prior to the time of the meeting, and copies of present section(s) togetherwith proposed changes, shall be included with said notices.

ARTICLE XI INDEMNIEICATION

Section 1 The Chamber shall indemnify any Director, Officer or agent againstexpenses incurred by him/her for the amount paid in satisfaction of judgments in connection withany action, suit or proceedings to which he/she is made a party by reason of being or having

Revised. August 6, 2009 Last printed 8/6/2009


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Draft Copy

been such a Director, Officer or agent, except in relation to matters as to which he/she shall bej adjudged in such action, suit or proceedings to be liable for negligence or misconduct in the

performance of his/her duties to the Chamber or such other entity in which the Chamber then hadinterest.Signed on the sixth (6") day of August 2009 and affirmed by the Board of Directors of theOdessa Hispanic Chamber of Commerce.

SignedChairman of the Board

SignedSecretary

l Revised : August 6 , 2009 Last printed 8/6/2009

Documents

Odessa Hispanic Chamber 990