Overview
What is German American Chamber Of Comm Ca Inc?
German American Chamber of Commerce CA Inc, located in San Diego, California, is a nonprofit organization with a mission to foster both business collaborations and cultural exchanges between the United States, specifically California, and Germany, as well as other nations worldwide. With a modest workforce of one individual, this organization serves as a bridge, promoting mutual understanding and beneficial partnerships between these countries.
Official website here: www.gaccca.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The German American Chamber Of Comm Ca Inc has received a low rating of 54%, indicating significant areas for improvement in its accountability and financial practices. The organization's lack of independent board members and missing financial statements are notable concerns that adversely affect its score. While the organization has a good program expense ratio, signifying that a substantial portion of its funds are directed towards programs, the overall governance practices raise red flags.
Strengths include a reported effective use of funds towards its programs, as indicated by a high program expense ratio of 92.36%. Additionally, the organization has established a conflict of interest policy, which is a positive governance measure. However, the absence of a whistleblower policy and missing documentation, such as the minutes from board meetings and tax forms on its website, point to a lack of transparency and accountability.
Overall, while the German American Chamber Of Comm Ca Inc shows a commitment to its mission through program expenditure, its governance and financial reporting practices are concerning. Potential donors and stakeholders may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is German American Chamber Of Comm Ca Inc legitimate?
German American Chamber Of Comm Ca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. German American Chamber Of Comm Ca Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,423
For more financial information, click here
Official website here: www.gaccca.com
What is the mission statement of German American Chamber Of Comm Ca Inc?
The German American Chamber of Commerce CA Inc is dedicated to fostering and promoting business collaborations as well as cultural exchanges between the United States and Germany, extending to other countries worldwide. Their mission is to establish and strengthen partnerships between the two nations, thereby bridging cultural gaps and fostering mutual understanding. This organization actively works towards promoting economic growth and cultural exchange, benefiting both countries and the global community.
Official website here: www.gaccca.com
What is the revenue of German American Chamber Of Comm Ca Inc?
German American Chamber Of Comm Ca Inc's revenue in 2023 was $965,093.
Official website here: www.gaccca.com
Who are the executives of German American Chamber Of Comm Ca Inc and what are their salaries?
The average compensation at German American Chamber Of Comm Ca Inc during 2023 was $167,712. There are 2 employees and 4 volunteers at German American Chamber Of Comm Ca Inc.
Here are 4 key members and their salaries:
- 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.gaccca.com
Where can I find the form 990 for German American Chamber Of Comm Ca Inc?
German American Chamber Of Comm Ca Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gaccca.com
Learn more at the official website: www.gaccca.com
Mission Statement of German American Chamber Of Comm Ca Inc
The German American Chamber of Commerce CA Inc, as its name suggests, is an organization dedicated to promoting and fostering both business partnerships and cultural exchanges between the United States and Germany, as well as other countries worldwide. Their mission is threefold: firstly, they strive to encourage and facilitate commercial collaborations between American and German businesses. Secondly, they aim to promote cultural exchange, fostering understanding and appreciation between the two nations and beyond. Ultimately, their goal is to strengthen the ties between these countries, fostering a global community that benefits from mutual respect and cooperation.
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Impact
August, 2024
The German American Chamber of Commerce in California works to promote and foster business partnerships and cultural exchanges between the US and Germany, as well as other countries worldwide. Through its activities, this organization plays a crucial role in facilitating international trade, creating economic opportunities, and promoting cross-cultural understanding. Additionally, by focusing on employment-related initiatives, the chamber contributes to the development of a skilled and diverse workforce in the region. Its impact is felt not only in San Diego, California, but also extends globally, strengthening international relations and fostering business growth.
This information is meant to be a general summary of German American Chamber Of Comm Ca Inc. 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 2023.
- Investment Income: $20,399
- Program Service Revenue: $944,694
- Gross Receipts: $965,093
Assets and Liabilities:
- Total Assets: $692,611
- Total Liabilities: $257,442
- Net Assets: $435,169
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM
Revenue
$944,694
Organization Details
Founding Year
2004
Principal Officer
Peggy Fleming
Website
www.gaccca.comNTEE Category
Code: J20 - Employment
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