Overview
What is American Chamber Of Commerce In Egypt Inc?
The American Chamber of Commerce in Egypt Inc, situated in Washington D.C., serves as a bridge connecting the business sector in Egypt with their counterparts in the United States. With a focus on fostering commerce and investment, this nonprofit organization aims to promote the shared business interests of its members, actively engaging in activities that benefit both sides. The organization, with a modest workforce of 2 personnel, plays a significant role in strengthening the commercial ties between the two nations.
Official website here: www.amchamegyptinc.org
Is American Chamber Of Commerce In Egypt Inc legitimate?
American Chamber Of Commerce In Egypt Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Chamber Of Commerce In Egypt 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: $195,746
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,268
For more financial information, click here
Official website here: www.amchamegyptinc.org
What is the mission statement of American Chamber Of Commerce In Egypt Inc?
The American Chamber of Commerce in Egypt Inc serves as a chamber of commerce, promoting the common business interests of its members. Its mission is to act as a bridge between the business community in Egypt and public and private interests in the United States, with the aim of fostering the development of commerce and investment between the two nations. The organization functions as a direct liaison, advocating for the growth of economic ties between the United States and Egypt.
Official website here: www.amchamegyptinc.org
Who is the CEO of American Chamber Of Commerce In Egypt Inc?
Hisham Fahmy is the President of American Chamber Of Commerce In Egypt Inc. The CEO's salary of American Chamber Of Commerce In Egypt Inc is $174,787 and their total compensation is $195,508.
Official website here: www.amchamegyptinc.org
What is the revenue of American Chamber Of Commerce In Egypt Inc?
American Chamber Of Commerce In Egypt Inc's revenue in 2022 was $493,404.
Official website here: www.amchamegyptinc.org
Who are the executives of American Chamber Of Commerce In Egypt Inc and what are their salaries?
The average compensation at American Chamber Of Commerce In Egypt Inc during 2022 was $129,507. There are 2 employees and 12 volunteers at American Chamber Of Commerce In Egypt Inc.
Here are 13 key members and their salaries (American Chamber Of Commerce In Egypt Inc's CEO's salary is $174,787 and their total compensation is $195,508):
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- Compensation: $174,787
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- Other: $20,721
Official website here: www.amchamegyptinc.org
Where can I find the form 990 for American Chamber Of Commerce In Egypt Inc?
American Chamber Of Commerce In Egypt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amchamegyptinc.org
Learn more at the official website: www.amchamegyptinc.org
Mission Statement of American Chamber Of Commerce In Egypt Inc
The American Chamber of Commerce in Egypt Inc serves as a vital platform, promoting the shared business interests of its members. Its primary mission is to act as a bridge between the private business community in Egypt and public interests in the United States, with the ultimate goal of fostering commercial development and investment opportunities between the two nations. By serving as a chamber of commerce, the organization strives to represent and support the common business interests of its American members operating in Egypt, thereby contributing to the overall growth and prosperity of both economies.
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Impact
October, 2024
The American Chamber of Commerce in Egypt, Inc. plays a pivotal role in fostering economic relations between the United States and Egypt. By acting as a direct liaison between U.S. public and private interests and the Egyptian business community, it enhances commerce and investment opportunities in both countries.
Through advocacy and support, the Chamber promotes the common business interests of its members, strengthening economic ties and facilitating networking opportunities. Its activities contribute to community improvement by encouraging investment, which can lead to job creation, economic development, and the transfer of knowledge and technology.
By organizing events, providing resources, and connecting businesses, the Chamber not only promotes bilateral trade but also enhances the overall business environment in Egypt, making it more attractive for American investors. This impact reverberates through local economies, benefiting both members and the broader community by driving growth and innovation.
This information is meant to be a general summary of American Chamber Of Commerce In Egypt 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.
- Program Service Revenue: $493,404
- Gross Receipts: $493,404
Assets and Liabilities:
- Total Assets: $521,713
- Total Liabilities: $14,720
- Net Assets: $506,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$493,404
Organization Details
Founding Year
2015
Phone
(202) 835-1688Principal Officer
Hisham Fahmy
Main Address
2101 L STREET NW, WASHINGTON, DC, 20037
Website
www.amchamegyptinc.orgNTEE Category
Code: S41 - Community improvement
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