Overview
What is The Saudi Arabian Us Business Council Inc?
The Saudi Arabian U.S. Business Council Inc, also known as the US-Saudi Business Council, is a Nonprofit organization situated in Vienna, Virginia. Its primary mission is to bridge the knowledge gap between the U.S. business community and Saudi Arabia, fostering mutual understanding and promoting trade and investment opportunities between the two nations. To achieve this, the Council conducts research for both American and Saudi companies, identifies potential business partners, assists with visa procedures for business travel to Saudi Arabia, and arranges meetings with relevant counterparts and government officials. The Council has a strong presence in the community, with 19 employees, and has organized 10 promotional events to showcase the business climate in Saudi Arabia and the U.S. markets. Furthermore, they have organized two trade missions to Saudi Arabia, providing valuable networking opportunities.
Official website here: www.ussaudi.org
Is The Saudi Arabian Us Business Council Inc legitimate?
The Saudi Arabian Us Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Saudi Arabian Us 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: $1,028,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,180,456
For more financial information, click here
Official website here: www.ussaudi.org
What is the mission statement of The Saudi Arabian Us Business Council Inc?
The Saudi Arabian U.S. Business Council Inc's mission is centered around enhancing the understanding of Saudi Arabia within the American business community. This organization strives to achieve this by promoting trade and investment opportunities between the two nations. It conducts research for both U.S. and Saudi companies, provides advice on operating in the Saudi market, and identifies potential business partners for both sides. The Council also facilitates business travel visas and arranges meetings with counterpart companies and government officials. In an effort to promote the Saudi business climate, the Council organizes promotional events highlighting business opportunities in both the U.S. and Saudi markets, and has even led two trade missions to Saudi Arabia.
Official website here: www.ussaudi.org
Who is the CEO of The Saudi Arabian Us Business Council Inc?
Susanne Lendman is the Chairman of The Saudi Arabian Us Business Council Inc. The CEO's salary of The Saudi Arabian Us Business Council Inc is $193,706 and their total compensation is $209,695.
Official website here: www.ussaudi.org
What is the revenue of The Saudi Arabian Us Business Council Inc?
The Saudi Arabian Us Business Council Inc's revenue in 2022 was $2,219,890.
Official website here: www.ussaudi.org
Who are the executives of The Saudi Arabian Us Business Council Inc and what are their salaries?
The average compensation at The Saudi Arabian Us Business Council Inc during 2022 was $116,243. There are 19 employees and 32 volunteers at The Saudi Arabian Us Business Council Inc.
Here are 38 key members and their salaries (The Saudi Arabian Us Business Council Inc's CEO's salary is $193,706 and their total compensation is $209,695):
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- Compensation: $193,706
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- Compensation: $107,864
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- Other: $8,942
Official website here: www.ussaudi.org
Where can I find the form 990 for The Saudi Arabian Us Business Council Inc?
The Saudi Arabian Us Business Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ussaudi.org
Learn more at the official website: www.ussaudi.org
Mission Statement of The Saudi Arabian Us Business Council Inc
The Saudi Arabian U.S. Business Council Inc, often referred to as the Council, is dedicated to enhancing the comprehension and appreciation of Saudi Arabia within the American business community. Their primary mission is twofold: firstly, to foster a better understanding of the U.S. among the Saudi business sector, and secondly, to promote trade and investment opportunities between the two nations. The Council achieves this by identifying potential business partners for both American and Saudi companies, facilitating visa processes for business travel to Saudi Arabia, and arranging meetings with counterpart companies and government officials. In addition, they conduct research for both U.S. and Saudi companies, offering advice on navigating the Saudi market. The Council also promotes joint ventures and trade opportunities in Saudi Arabia, and organizes promotional events to highlight the business potential in both the U.S. and Saudi markets. They have even gone as far as organizing two trade missions to Saudi Arabia.
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Impact
October, 2024
The Saudi Arabian Us Business Council Inc significantly enhances the partnership between the United States and Saudi Arabia by facilitating a deeper understanding of the Saudi market within the U.S. business community. This impact manifests through various initiatives aimed at promoting joint ventures and trade opportunities between the two nations.
By conducting research tailored to the needs of U.S. and Saudi companies, the Council provides critical insights that aid in navigating the complex business landscape in Saudi Arabia. It plays a crucial role in identifying potential business partners for companies from both countries, ensuring that they can connect with the right stakeholders for successful collaborations.
Additionally, the Council simplifies the logistics of business engagements by assisting in securing visas for travel to Saudi Arabia and arranging meetings with local companies and government officials. This access is vital for American businesses looking to establish a foothold in the region.
Through a series of promotional events that spotlight the business climate in Saudi Arabia, the Council effectively showcases the wealth of opportunities available. Furthermore, its organization of trade missions to Saudi Arabia offers U.S. businesses firsthand experience and connections, reinforcing the ties between the two economies.
Overall, the Council's multifaceted approach not only fosters trade and investment but also enhances mutual understanding and cooperation, positioning both nations for future economic collaboration.
This information is meant to be a general summary of The Saudi Arabian Us 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56,336
- Program Service Revenue: $1,163,554
- Gross Receipts: $4,279,961
Assets and Liabilities:
- Total Assets: $2,361,456
- Total Liabilities: $710,556
- Net Assets: $1,650,900
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$740,000
BUSINESS FACILITATION
Revenue
$421,704
PUBLICATIONS
Revenue
$1,850
Organization Details
Founding Year
1993
Phone
(703) 962-9300Principal Officer
Susanne Lendman
Main Address
8081 WOLFTRAP ROAD 300, VIENNA, VA, 22182
Website
www.ussaudi.orgNTEE Category
Code: Q20 - International
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