Overview
What is Business Council For International Understanding I?
Business Council For International Understanding I, abbreviated as BCIU, is a nonprofit organization based in New York City, specifically at 1501 Broadway Suite 2300. Their primary focus is on promoting international relations through various activities. BCIU organizes events such as conferences, receptions, roundtables, trade missions, and meetings, bringing together U.S. government officials, foreign government leaders, and business executives worldwide. By facilitating these dialogues, BCIU aims to foster understanding and cooperation between global businesses and governments. The organization currently employs 39 individuals, actively contributing to the education and advancement of international relations.
Official website here: www.bciu.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
The Business Council For International Understanding I has received a Three-Star rating from Charity Navigator, reflecting a notable score of 79%. This rating is based primarily on their Accountability & Finance metrics, indicating the organization demonstrates responsible financial practices and good governance. Having a majority of independent board members and complete compliance with necessary policies contributes to their strong accountability framework.
The organization appears to manage its financial resources effectively, with a program expense ratio of 68.70%, suggesting a significant portion of its budget goes directly towards its mission-related activities. Furthermore, the absence of any material diversion of assets highlights a commitment to ethical management of funds. They also maintain transparency with their financial statements, which are overseen by an audit and oversight committee.
However, the organization did receive a lower score in the liabilities to assets ratio, which could indicate some financial vulnerability. While the overall accountability appears strong, this specific area may warrant further scrutiny for potential impacts on long-term sustainability. Overall, the Business Council For International Understanding I shows promise in its operations, yet may benefit from addressing its financial liability metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Business Council For International Understanding I legitimate?
Business Council For International Understanding I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Council For International Understanding I submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,307,489
Professional Fundraising Fees: $75,000
Other Salaries and Wages: $2,065,085
For more financial information, click here
Official website here: www.bciu.org
What is the mission statement of Business Council For International Understanding I?
The Business Council for International Understanding I (BCIU) is committed to the education of international relations. One of its primary objectives is to foster dialogue and arrange meetings between global businesses and government leaders. Through conferences, receptions, group roundtables, trade missions, and meetings, BCIU brings together U.S. government officials, foreign government officials, and business executives worldwide, aiming to promote understanding and collaboration on a global scale. The council's activities serve to facilitate international dialogue and cooperation, ultimately contributing to a more interconnected and harmonious world.
Official website here: www.bciu.org
Who is the CEO of Business Council For International Understanding I?
Unavailable The CEO's salary of Business Council For International Understanding I is $315,992 and their total compensation is $315,992.
Official website here: www.bciu.org
What is the revenue of Business Council For International Understanding I?
Business Council For International Understanding I's revenue in 2022 was $7,735,614.
Official website here: www.bciu.org
Who are the executives of Business Council For International Understanding I and what are their salaries?
The average compensation at Business Council For International Understanding I during 2022 was $86,476. There are 39 employees at Business Council For International Understanding I.
Here are 18 key members and their salaries (Business Council For International Understanding I's CEO's salary is $315,992 and their total compensation is $315,992):
- Compensation: $315,992
- Related: $0
- Other: $0
- Compensation: $267,998
- Related: $0
- Other: $0
- Compensation: $247,000
- Related: $0
- Other: $0
- Compensation: $239,498
- Related: $0
- Other: $0
- Compensation: $237,000
- Related: $0
- Other: $0
- Compensation: $221,154
- Related: $0
- Other: $0
- Compensation: $167,000
- Related: $0
- Other: $0
- Compensation: $166,530
- Related: $0
- Other: $0
- Compensation: $146,000
- Related: $0
- Other: $0
- Compensation: $130,000
- Related: $0
- Other: $0
- Compensation: $125,385
- Related: $0
- Other: $0
- Compensation: $120,769
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bciu.org
Where can I find the form 990 for Business Council For International Understanding I?
Business Council For International Understanding I's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bciu.org
Learn more at the official website: www.bciu.org
Mission Statement of Business Council For International Understanding I
Business Council For International Understanding I, commonly referred to as BCIU, is dedicated to the education of international relations. This organization plays a pivotal role in facilitating dialogues and meetings between global businesses and government leaders. By organizing events such as conferences, receptions, roundtables, trade missions, and meetings, BCIU encourages open communication and collaboration between these two crucial entities. U.S. government officials, foreign government leaders, and business executives from around the world participate in these events, fostering a greater understanding of international issues and promoting mutual cooperation. BCIU's mission is to serve as a platform for dialogue, facilitating discussions that can shape global policies and foster a more harmonious international business environment.
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Impact
October, 2024
The Business Council for International Understanding (BCIU) plays a vital role in enhancing international relations by facilitating productive dialogue between business leaders and government officials. Its impact is highlighted through a range of activities designed to promote understanding and collaboration across borders.
BCIU organizes conferences, receptions, group roundtables, trade missions, and meetings, serving as a platform where executives from the business community can engage directly with U.S. and foreign government officials. This interaction fosters connections that are crucial for navigating complex global markets and international trade dynamics.
By bringing together diverse stakeholders, BCIU not only helps to educate its members on the intricacies of international relations but also cultivates a network that can lead to more informed decision-making and strategic partnerships. The organization's emphasis on relationship-building and knowledge-sharing contributes to stronger economic ties and mutual understanding between the U.S. and countries around the world.
Overall, the work of BCIU significantly influences how businesses approach international dealings, encouraging a collaborative spirit that benefits both the corporate landscape and the broader community of nations.
This information is meant to be a general summary of Business Council For International Understanding I. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22,845
- Program Service Revenue: $3,655,435
- Gross Receipts: $8,012,301
Assets and Liabilities:
- Total Assets: $4,181,203
- Total Liabilities: $3,316,410
- Net Assets: $864,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Programs & Conferences
Revenue
$2,140,985
Government Contracts
Revenue
$1,514,450
Organization Details
Founding Year
1955
Main Address
1501 Broadway Suite 2300, New York, NY, 10036
Website
www.bciu.orgNTEE Category
Code: Q050 - International
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