The Luxembourg American Chamber Of Commerce Inc

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

EIN: 521734725 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is The Luxembourg American Chamber Of Commerce Inc?

The Luxembourg American Chamber of Commerce Inc, based in New York City, is a small yet impactful nonprofit organization. Its primary mission is to foster and promote business relationships between the United States and Luxembourg. To achieve this, they organize public relations events, disseminating valuable information about these relationships. Their aim is also to develop and maintain close connections among their members. By doing so, they play a crucial role in strengthening commercial ties between the two countries, ultimately benefiting businesses from both nations.


Official website here: www.laccny.com

Is The Luxembourg American Chamber Of Commerce Inc legitimate?

The Luxembourg American Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Luxembourg American Chamber Of Commerce 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: $50,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.laccny.com

What is the mission statement of The Luxembourg American Chamber Of Commerce Inc?

The Luxembourg American Chamber of Commerce Inc's mission is centered around fostering and promoting business relationships between the United States and Luxembourg. They achieve this by disseminating relevant information and organizing events to develop close connections among their members. The chamber also plays a role in promoting business relations between American and Luxembourgish businesses. By doing so, they aim to strengthen the bonds between these two nations, ultimately benefiting both parties. Their activities include hosting public relations events to introduce their programs and foster business relationships between U.S. and Luxembourgish businesses.


Official website here: www.laccny.com

What is the revenue of The Luxembourg American Chamber Of Commerce Inc?

The Luxembourg American Chamber Of Commerce Inc's revenue in 2023 was $128,462.


Official website here: www.laccny.com

Who are the executives of The Luxembourg American Chamber Of Commerce Inc and what are their salaries?

The average compensation at The Luxembourg American Chamber Of Commerce Inc during 2023 was $50,004. There is 1 employee at The Luxembourg American Chamber Of Commerce Inc.

Here are 5 key members and their salaries:


Antoni Dudsak (Executive Director)
  • Compensation: $50,004
  • Related: $0
  • Other: $0
Fernand Lamesch (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan W Wagner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michel Franck (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicolas Fermaud (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laccny.com

Where can I find the form 990 for The Luxembourg American Chamber Of Commerce Inc?

The Luxembourg American Chamber Of Commerce Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.laccny.com

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

Mission Statement of The Luxembourg American Chamber Of Commerce Inc

The Luxembourg American Chamber of Commerce Inc plays a significant role in fostering and promoting business relationships between the United States and Luxembourg. Its mission is multifaceted, encompassing three key aspects. Firstly, it seeks to promote and disseminate information regarding these business relationships, serving as a valuable source of knowledge for its members and the broader community.

Secondly, the Chamber aims to develop and foster close relationships among its members. By doing so, it creates an environment where businesses from both countries can connect and collaborate, potentially leading to mutually beneficial opportunities.

Lastly, the Chamber organizes public relations events to introduce its programs to its members and prospective members. These events are designed to facilitate the development of business relationships between businesses from the United States and Luxembourg. In summary, the mission of The Luxembourg American Chamber of Commerce Inc is to strengthen and encourage business connections between the United States and Luxembourg, while providing valuable information and networking opportunities for its members.

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Impact




October, 2024

The Luxembourg American Chamber of Commerce Inc significantly impacts business relations between the United States and Luxembourg by fostering collaboration and facilitating networking opportunities. Through various public relations events, the Chamber introduces programs that connect members and prospective members, enhancing the visibility and accessibility of business opportunities in both regions.

By promoting, publishing, and disseminating relevant information, the Chamber plays a crucial role in educating its members about the nuances of transatlantic business relationships. This creates a supportive environment where businesses can thrive, aligning their objectives and strategies to foster mutual growth. The emphasis on developing close relationships among members further strengthens the business community, encouraging collaboration and innovation. Ultimately, the Chamber acts as a vital conduit for economic engagement, bridging the gap between U.S. and Luxembourg businesses.




This information is meant to be a general summary of The Luxembourg American Chamber Of Commerce 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
$128,462 (2023)
Expenses
$162,580 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,045
  • Gross Receipts: $128,462

Assets and Liabilities:

  • Total Assets: $187,397
  • Total Liabilities: $20,758
  • Net Assets: $166,639

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Organization Details

Founding Year

1991

Principal Officer

Michel Franck

NTEE Category

Code: S41 - Community improvement

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