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German American Business Council Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201842368 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is German American Business Council Inc?

The German American Business Council Inc, based in Washington D.C., is a nonprofit organization with a mission to strengthen and promote the relationship between Germany and the United States in the realms of business, trade, and culture. They achieve this by organizing events such as speaker series, seminars, and special events, serving as a platform for knowledge exchange and networking. Their events, including those from 2022, can be found on their website. This nonprofit, which is non-partisan in nature, aims to foster and cultivate connections between individuals and companies from both nations.


Official website here: www.gabcwashington.com

Is German American Business Council Inc legitimate?

German American Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. German American Business Council 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: $355,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gabcwashington.com

What is the mission statement of German American Business Council Inc?

The German American Business Council Inc. is a non-profit, non-partisan organization dedicated to cultivating and fostering relationships between German and American businesses, trade, and culture. Its mission is to serve as a platform for the exchange of knowledge and ideas, and to facilitate business and professional contacts. The council achieves this by organizing speaker series, seminars, and special events, providing a valuable resource for its members and the public at large. These events offer an opportunity to network and learn, contributing to the strengthening of the German-American relationship in various sectors.


Official website here: www.gabcwashington.com

Who is the CEO of German American Business Council Inc?

Ulrich Gamerdinger is the President/Ceo of German American Business Council Inc. The CEO's salary of German American Business Council Inc is $330,000 and their total compensation is $355,000.


Official website here: www.gabcwashington.com

What is the revenue of German American Business Council Inc?

German American Business Council Inc's revenue in 2022 was $509,747.


Official website here: www.gabcwashington.com

Who are the executives of German American Business Council Inc and what are their salaries?

There 17 volunteers at German American Business Council Inc.


Here are 19 key members and their salaries (German American Business Council Inc's CEO's salary is $330,000 and their total compensation is $355,000):


Ulrich Gamerdinger (President/Ceo)
  • Compensation: $330,000
  • Related: $0
  • Other: $25,000
Christian Ulrich Ex-Officio (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lane (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candida Wolff (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alethea Gordon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Fairchild (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Schneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Axel Dittman Ex-Officio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Jacobs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Sheehan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dirk Janzen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthias Berninger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Ziuzin Schlegel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Lefkin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Selfridge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reinhard Wieck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Laberge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Steward (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gabcwashington.com

Where can I find the form 990 for German American Business Council Inc?

German American Business Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gabcwashington.com

Learn more at the official website: www.gabcwashington.com

Mission Statement of German American Business Council Inc

The German American Business Council Inc, a non-profit and non-partisan organization, is dedicated to cultivating and fostering relationships between German and American entities in the domains of business, trade, and culture. Its mission is to serve as a platform for the exchange of knowledge and ideas, and to facilitate business and professional connections. The Council accomplishes this through conducting speaker series, seminars, and special events, providing an opportunity for its members and the public at large to engage in meaningful discussions and establish meaningful connections.

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Impact




October, 2024

The German American Business Council Inc (GABC) significantly impacts the business and cultural landscape by fostering connections between German and American enterprises and individuals. Through a variety of programs, including speaker series, seminars, and special events, GABC creates a dynamic forum for the exchange of knowledge and ideas. This platform not only enhances professional networking but also promotes collaboration in trade and cultural initiatives.

By facilitating discussions and engagements among members, GABC enables businesses to share valuable insights and best practices, ultimately strengthening the German-American relationship. Their efforts contribute to community development and economic growth, effectively enhancing the understanding and appreciation of both cultures in the business context. In this way, the GABC plays a vital role in nurturing a productive and inclusive environment for professional growth and cross-cultural exchange.




This information is meant to be a general summary of German American Business Council 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.

Revenue
$509,747 (2022)
Expenses
$448,871 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $432,000
  • Gross Receipts: $592,000

Assets and Liabilities:

  • Total Assets: $634,907
  • Total Liabilities: $0
  • Net Assets: $634,907

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$432,000

Organization Details

Founding Year

2004

Principal Officer

Ulrich Gamerdinger

Main Address

910 M STREET NW 807, WASHINGTON, DC, 20001

NTEE Category

Code: S40 - Community improvement

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