Public Charity

German American Chamber Of Commerce Inc

German American Chamber Of Commerce Inc, of New York, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $8.0M in revenue, $7.6M in expenses, $4.7M in total assets. 3 publicly reported grants to this organization, totaling roughly $118K, appear in IRS filings.

EIN: 131893850 New York, NY Latest filing: 2024
Total Revenue$8.0M
Total Expenses$7.6M
Total Assets$4.7M
Grant Records3
Funding Total$118K
Filing Years2019–2024

Mission

The German American Chamber of Commerce ("GACC") fosters the economic ties between Germany and the United States of America. Founded in 1947 it now also comprises of representation in Philadelphia and California. The GACC offers a wide range of services to the northeastern and western states. Benefiting from being close to Silicon Valley, the California branch mainly supports trendsetting industry sectors such as information technology, biotechnology, renewable energies, semi-conductors and nanotechnology.

Where $100 goes at German American Chamber Of Commerce Inc

How German American Chamber Of Commerce Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$63
As part of our services in establishing business presence in the U.S., we offer consulting services
63% of program spending
$37
The chamber is promoting the exchange of German and American interns to increase the mutual understanding of the two business cultures
37% of program spending
<$1
The Chamber organizes and coordinates various events and seminars for young business leaders
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Honorary Director Andreas Fibig
Director Andrew Campbell
Director Anthony Williams
Director Attila Arian
Vice Chairman Bonnie Tully
Director Bruce R White

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$118,040 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $8.0M $7.6M $4.7M
2023 $7.7M $7.1M $5.5M
2022 $7.3M $7.4M $4.9M
2020 $6.2M $6.5M $3.2M
2019 $8.1M $8.1M $3.9M

Between 2019 and 2024, reported annual revenue held roughly steady at around $8.0M, with total assets most recently reported at $4.7M.

Interactive year-over-year charts and full filing details available with membership.

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