United States-Azerbaijan Chamber Of Commerce Inc

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

EIN: 521949493 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is United States-Azerbaijan Chamber Of Commerce Inc?

The United States-Azerbaijan Chamber of Commerce Inc, established in 1995, serves as a significant resource for American companies seeking to build business relationships with Azerbaijan. Located in Washington D.C., the nonprofit organizes networking events and business roundtables, facilitating interactions between government officials and prominent figures from both countries' business communities. Moreover, the organization shows commitment to professional development by hosting seminars and webinars, particularly tailored for rural women and small agriculture businesses in Azerbaijan. With a dedicated team of one employee, USACC plays a crucial role in fostering collaboration and growth between the two nations' business sectors.


Official website here: www.usacc.org

Is United States-Azerbaijan Chamber Of Commerce Inc legitimate?

United States-Azerbaijan Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. United States-Azerbaijan 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: $72,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.usacc.org

What is the mission statement of United States-Azerbaijan Chamber Of Commerce Inc?

The United States-Azerbaijan Chamber of Commerce Inc., established in 1995, serves as a significant resource for American companies seeking business connections in Azerbaijan. Since its inception, the organization has facilitated interactions between government officials and notable figures from both the United States and Azerbaijan's business communities through various networking events and business roundtables in Washington D.C. Beyond these events, the chamber has shown dedication to professional development by hosting seminars and webinars, particularly tailored for rural women and small agriculture businesses in Azerbaijan.


Official website here: www.usacc.org

What is the revenue of United States-Azerbaijan Chamber Of Commerce Inc?

United States-Azerbaijan Chamber Of Commerce Inc's revenue in 2023 was $176,689.


Official website here: www.usacc.org

Who are the executives of United States-Azerbaijan Chamber Of Commerce Inc and what are their salaries?

The average compensation at United States-Azerbaijan Chamber Of Commerce Inc during 2023 was $72,500. There is 1 employee at United States-Azerbaijan Chamber Of Commerce Inc.

Here are 6 key members and their salaries:


Reza Vaziri (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shapoor Ansari (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Lopp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Scher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farhad Azima (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natig Bakhishov (Executive Director)
  • Compensation: $72,500
  • Related: $0
  • Other: $0


Official website here: www.usacc.org

Where can I find the form 990 for United States-Azerbaijan Chamber Of Commerce Inc?

United States-Azerbaijan Chamber Of Commerce Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.usacc.org

Learn more at the official website: www.usacc.org

Mission Statement of United States-Azerbaijan Chamber Of Commerce Inc

The United States-Azerbaijan Chamber of Commerce, established in 1995, serves as a crucial resource for American companies aiming to foster business relationships with Azerbaijan. The organization's mission is to facilitate connections between the business communities of both nations, particularly by organizing networking events and business roundtables in Washington D.C. These interactions enable government officials and prominent figures from both countries to engage, potentially leading to beneficial partnerships.

Beyond these events, the United States-Azerbaijan Chamber of Commerce also focuses on professional development. They host seminars and webinars, specifically tailored for rural women and small agriculture businesses in Azerbaijan. This commitment to education and skills enhancement underscores the organization's dedication to fostering sustainable growth and opportunities within the Azerbaijani business landscape.

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Impact




October, 2024

The United States-Azerbaijan Chamber of Commerce Inc (USACC) plays a crucial role in fostering economic ties and promoting business opportunities between the United States and Azerbaijan. Since 1995, USACC has served as an essential resource for American companies aiming to enter or expand their presence in the Azerbaijani market.

By organizing various networking events and business roundtables in Washington, D.C., USACC facilitates interactions between U.S. government officials and influential figures from both American and Azerbaijani business communities. This engagement not only helps create partnerships and collaborations but also streamlines the process for U.S. companies to navigate the complexities of doing business in Azerbaijan.

Moreover, USACC is dedicated to the professional development of local communities in Azerbaijan. This is exemplified by their tailored seminars and webinars aimed at empowering rural women and supporting small agriculture businesses. Through these initiatives, the organization contributes to community improvement and economic development in Azerbaijan, ensuring that local entrepreneurs are equipped with the knowledge and tools they need to succeed.

Overall, the impact of USACC extends beyond mere business facilitation; it actively promotes bilateral trade, enhances economic cooperation, and supports community development initiatives that benefit both nations.




This information is meant to be a general summary of United States-Azerbaijan 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
$176,689 (2023)
Expenses
$252,689 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $40,821
  • Gross Receipts: $176,689

Assets and Liabilities:

  • Total Assets: $786,407
  • Total Liabilities: $282,443
  • Net Assets: $503,964

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROJECT FEES

Revenue

$40,821

Organization Details

Founding Year

1995

Principal Officer

Natig Bakhishov

NTEE Category

Code: S41 - Community improvement

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