Overview
What is Business Finland Usa Inc?
Business Finland U.S.A. Inc., based in New York City, New York, is a nonprofit organization dedicated to promoting Finnish businesses in North America. Their primary mission involves offering business advice and has been a service they've provided since their inception, with plans to continue this in the foreseeable future. In response to the COVID-19 pandemic, they introduced a new funding instrument, processing over 30,000 applications and providing assistance to over 20,000 projects. In 2021, they granted a total of 701 million euros, with a significant portion going towards supporting Finnish companies. Overall, Business Finland U.S.A. Inc. plays a vital role in fostering and supporting the growth of Finnish businesses in the North American market.
Is Business Finland Usa Inc legitimate?
Business Finland Usa Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Business Finland Usa 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: $1,355,330
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What is the mission statement of Business Finland Usa Inc?
Business Finland U.S.A. Inc's mission is centered around promoting Finnish businesses in North America. They provide business advisory services and have been doing so since their inception, with plans to continue this service into the foreseeable future. In response to the pandemic, they introduced a new funding instrument to aid Finnish companies. In 2020, they processed over 30,000 applications and provided funding for over 20,000 projects. Their funding efforts in 2021 saw them granting 701 million Euros, with a substantial portion going to Finnish companies.
Who is the CEO of Business Finland Usa Inc?
Petri Haahti is the President of Business Finland Usa Inc.
What is the revenue of Business Finland Usa Inc?
Business Finland Usa Inc's revenue in 2022 was $1,844,446.
Who are the executives of Business Finland Usa Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Business Finland Usa Inc?
Business Finland Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Business Finland Usa Inc
Business Finland U.S.A. Inc. is committed to promoting Finnish businesses in North America and providing related business advisory services. Since its inception, the organization has been offering business advice and has continued to do so, with plans to carry on this mission for the foreseeable future. In response to the challenges posed by the pandemic, Business Finland U.S.A. Inc. introduced a new funding instrument in 2020. This initiative saw nearly 30,000 applications, with funding provided for over 20,000 projects. The organization also granted an innovation fund totaling EUR 486.8 million to Finnish companies in 2020. In 2021, Business Finland U.S.A. Inc. further extended its support, granting a total of EUR 701 million, with EUR 561 million going directly to Finnish businesses. This demonstrates the organization's unwavering commitment to assisting Finnish businesses in North America, providing critical support during challenging times.
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Impact
October, 2024
Business Finland Usa Inc plays a significant role in enhancing the visibility and success of Finnish businesses in the North American market. By providing crucial business advisory services, the organization supports Finnish companies in navigating the complexities of international markets, ultimately fostering stronger trade relationships and economic collaboration.
In response to the challenges posed by the COVID-19 pandemic, Business Finland launched a new funding instrument to aid Finnish businesses. This initiative processed nearly 30,000 applications, providing funding for over 20,000 projects and granting a total of EUR 486.8 million in innovation funding. In 2021, the organization further expanded its impact by granting a substantial EUR 701 million in funding, with EUR 561 million directed specifically to companies. Additionally, Business Finland facilitated the acquisition of EUR 530 million in grants for Finnish firms, showcasing its effectiveness in enhancing business resilience and innovation.
Through these initiatives, Business Finland Usa Inc not only contributes to the growth and sustainability of Finnish enterprises but also fosters community improvement by creating jobs and stimulating economic activity in both Finland and North America. Its ongoing commitment to supporting Finnish businesses positions the organization as a vital player in the international business landscape.
This information is meant to be a general summary of Business Finland Usa 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 2022.
- Gross Receipts: $1,844,446
Assets and Liabilities:
- Total Assets: $153,709
- Total Liabilities: $141,637
- Net Assets: $12,072
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Organization Details
Founding Year
2006
Phone
(212) 230-2600Principal Officer
Petri Haahti
Main Address
605 THIRD AVENUE 35TH FLOOR, NEW YORK, NY, 10158
NTEE Category
Code: S41 - Community improvement
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