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Swiss American Business Council

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

EIN: 364444366 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Swiss American Business Council?

The Swiss American Business Council is a nonprofit organization that serves as a bridge between Chicago and Switzerland, promoting business, cultural, and educational collaborations. By organizing events and facilitating exchanges, they aim to advance opportunities in various sectors such as culture, economic development, education, recreation, and technology. Their mission is to continually strengthen the business connections between the two regions.


Official website here: www.sabcnow.com/

Is Swiss American Business Council legitimate?

Swiss American Business Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Swiss American Business Council submitted a form 990EZ, 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.


Official website here: www.sabcnow.com/

What is the mission statement of Swiss American Business Council?

The Swiss American Business Council's mission is primarily focused on fostering connections between Chicago and Switzerland. This encompasses promoting business opportunities, organizing events, and facilitating cultural, educational, recreational, and technological exchanges between the two regions. Their objective is to continuously strengthen the business relationships between the two locations.


Official website here: www.sabcnow.com/

Who is the CEO of Swiss American Business Council?

Thomas Soseman is the President of Swiss American Business Council.


Official website here: www.sabcnow.com/

What is the revenue of Swiss American Business Council?

Swiss American Business Council's revenue in 2022 was $63,870.


Official website here: www.sabcnow.com/

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


Here are 10 key members and their salaries:


Thomas Soseman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Richter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Karlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Frieden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kouidri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sutharshani Heck (Executive Vice President)
  • Compensation: $20,506
  • Related: $0
  • Other: $0
Marc Lacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philipp Muheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sabcnow.com/

Where can I find the form 990EZ for Swiss American Business Council?

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


Official website here: www.sabcnow.com/

Learn more at the official website: www.sabcnow.com/

Mission Statement of Swiss American Business Council

The Swiss American Business Council, a prominent organization, is dedicated to fostering a multifaceted relationship between Chicago and Switzerland. Their mission encompasses promoting business opportunities, cultural exchanges, and educational collaborations between the two entities. They achieve this by organizing events and facilitating exchanges in various sectors such as culture, economic development, education, recreation, and technology. The council's primary objective is to continue strengthening business connections between Chicago and Switzerland, thereby contributing to a harmonious and mutually beneficial partnership.

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Impact




October, 2024

The Swiss American Business Council significantly impacts the Chicago-Switzerland relationship by facilitating business, cultural, and educational exchanges. Through organized events and initiatives, it promotes collaboration and networking opportunities that enhance economic development, education, recreation, and technology between the two regions. By nurturing these relationships, the Council strengthens ties that benefit businesses, individuals, and the broader community, fostering an environment of mutual growth and innovation. This engagement not only enhances the economic landscape but also enriches cultural understanding and appreciation between Chicago and Switzerland.




This information is meant to be a general summary of Swiss American Business Council. 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
$63,870 (2022)
Expenses
$61,919 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $63,870

Assets and Liabilities:

  • Total Assets: $58,489
  • Total Liabilities: $16,753
  • Net Assets: $41,736

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Organization Details

Principal Officer

Thomas Soseman

Main Address

203 N LASALLE ST 2550, CHICAGO, IL, 60601

NTEE Category

Code: S41 - Community improvement

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