Organization of Hispanic Contractors: Market Research Report

Background

The Organization of Hispanic Contractors (OHC) is a 501(c)(6) non-profit trade association based in Dallas, Texas, established in March 1999. Its mission is to advocate for Hispanic contractors, providing them with resources, education, and networking opportunities to enhance their presence and success in the construction industry. The organization focuses on promoting the growth and development of Hispanic-owned businesses within the sector, aiming to establish them as preferred partners for manufacturers, residential, and commercial builders.

Key Strategic Focus

OHC's strategic objectives include:

Advocacy and Representation: Serving as a unified voice for Hispanic contractors, advocating for policies and practices that support their interests and growth.

Education and Training: Offering workshops, seminars, and training programs to enhance members' skills and knowledge in construction management, safety, financial management, and business development.

Networking Opportunities: Facilitating connections among members and with industry leaders to foster partnerships and business opportunities.

Resource Provision: Providing access to current construction projects, job listings, and discounts on professional services and materials.

Financials and Funding

In the fiscal year ending December 2023, OHC reported:

Revenue: $3,062,422

Expenses: $2,039,111

Net Income: $1,023,311

Total Assets: $3,514,010

Total Liabilities: $1,113,677

The primary sources of revenue include contributions (60.1%), program services (34.0%), and net fundraising (5.6%). Notable expenses are other salaries and wages (46.8%). The net assets as of December 2023 stood at $2,400,333.

Pipeline Development

As a trade association, OHC does not have a product pipeline or clinical trials. Instead, it focuses on developing programs and initiatives that support the growth and success of Hispanic contractors in the construction industry.

Technological Platform and Innovation

OHC leverages various technological platforms to support its members, including:

Online Project Access: A website that provides members with access to current construction projects and job listings.

Educational Resources: Online workshops and classes that teach the latest innovations in construction.

Networking Platforms: Digital platforms that facilitate connections among members and with industry leaders.

Leadership Team

The leadership team of OHC includes:

John Martinez: President, with compensation of $301,163.

Adrian J. Cano: Member At Large, with compensation of $0.

Luis Delgado: Chair, with compensation of $0.

These leaders play pivotal roles in guiding the organization's strategic direction and ensuring the fulfillment of its mission.

Competitor Profile

OHC operates in a landscape with several organizations that support Hispanic contractors, including:

National Hispanic Contractors Association (NAHICA): A Houston-based organization working to establish Hispanic contractors as preferred partners in various industries.

Hispanic Contractors of Colorado (HCC): A professional trade association representing over 210 member companies, focusing on commercial and public projects.

Hispanic Contractors Association de San Antonio (HCA de SA): A non-profit organization promoting the growth and success of small, minority, women, veteran, and disadvantaged-owned businesses in the construction industry throughout South Texas.

National Hispanic Construction Alliance (NHCA): A member organization providing capacity building, access to capital, and business opportunities for Hispanic construction businesses.

Strategic Collaborations and Partnerships

OHC has established partnerships to enhance its support for Hispanic contractors, such as:

EJ Welch: A leading name in flooring and installation solutions, which became a regional sponsor in Texas, aiming to foster growth and provide valuable resources to Hispanic contractors across the state.

Operational Insights

OHC differentiates itself through its comprehensive support system for Hispanic contractors, offering a range of services from advocacy and education to networking and resource provision. Its strategic collaborations with industry leaders like EJ Welch further strengthen its position in the market.