Indian American International Chamber Of Commerce

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

EIN: 842798364 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Indian American International Chamber Of Commerce?

The Indian American International Chamber of Commerce (IAICC) serves as a bridge between entrepreneurs, professionals, businesses, and governments in the United States and India, aiming to promote economic development and strengthen relationships worldwide. Established in Washington D.C. in 1990, IAICC primarily supports Indian American-owned and operated businesses. Through its chapters, affiliates, and other organizations, it offers resources and assistance in education, training, and mentoring to its members. IAICC acts as a catalyst for strategic alliances between businesses in the U.S., India, and other nations to enhance US-India relations and economic engagement. Its international chapter also advocates for state chapters and connects them with national and international networks. In essence, IAICC promotes the economic development of the United States, India, and the world at large for the benefit of all parties involved.


Official website here: www.iaicc.world

Is Indian American International Chamber Of Commerce legitimate?

Indian American International Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indian American International Chamber Of Commerce 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: $300,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iaicc.world

What is the mission statement of Indian American International Chamber Of Commerce?

The Indian American International Chamber of Commerce (IAICC) aims to promote and foster economic development for the benefit of the United States, India, and the rest of the world. As an umbrella organization, it serves as a sustainable platform and leadership forum for entrepreneurs, professionals, businesses, and governments from these nations to interact, exchange ideas, and strengthen relationships. Established in Washington D.C. in 1990, IAICC primarily caters to Indian American-owned and operated businesses. Through its chapters, affiliates, and other organizations, IAICC provides essential resources and support for education, training, and mentoring to its members. The organization acts as a catalyst, establishing strategic alliances between businesses globally to strengthen US-India relations and business and economic engagement. Additionally, IAICC's international chapter assists state chapters through advocacy and connects them with national and international networks.


Official website here: www.iaicc.world

Who is the CEO of Indian American International Chamber Of Commerce?

Glen Fal is the Principal Officer of Indian American International Chamber Of Commerce. The CEO's salary of Indian American International Chamber Of Commerce is $150,000 and their total compensation is $300,000.


Official website here: www.iaicc.world

What is the revenue of Indian American International Chamber Of Commerce?

Indian American International Chamber Of Commerce's revenue in 2022 was $2,501.


Official website here: www.iaicc.world

Who are the executives of Indian American International Chamber Of Commerce and what are their salaries?

There 25 volunteers at Indian American International Chamber Of Commerce.


Here are 12 key members and their salaries (Indian American International Chamber Of Commerce's CEO's salary is $150,000 and their total compensation is $300,000):


Kv Kumar (President & Ceo, Executive)
  • Compensation: $150,000
  • Related: $0
  • Other: $150,000
Appen P Menon Esq (Chairman, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Falcao (Vice Chairman, Executive B)
  • Compensation: $0
  • Related: $0
  • Other: $0
Narasimhulu Neelagaru Md (Vice Chairman, Executive B)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kumar Allady (Executive Vice President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keth Ditthavong Esq (Director, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudhir Parikh Md (Director, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anil K Agarwal (Director, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth A Cutshaw Esq (Director, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Annapurna Bhat (Member, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick W Schoenhut (Director, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kinesh Doshi (Member, Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iaicc.world

Where can I find the form 990 for Indian American International Chamber Of Commerce?

Indian American International Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iaicc.world

Learn more at the official website: www.iaicc.world

Mission Statement of Indian American International Chamber Of Commerce

The Indian American International Chamber of Commerce, often abbreviated as IAICC, is an umbrella organization with a mission to promote and foster economic development for the benefit of the United States, India, and the rest of the world. Established in 1990, IAICC serves as a sustainable platform and leadership forum for entrepreneurs, professionals, businesses, and governments in both nations. The organization provides vital resources and support to educate, train, and mentor its membership, acting as a catalyst to establish strategic alliances between businesses worldwide.

By doing so, IAICC aims to strengthen US-India relations, boost business and economic engagement, and ultimately benefit all parties involved. Through its international chapter, IAICC also assists state chapters by advocating on their behalf and connecting them with national and international networks. IAICC's role as a bridge between the United States, India, and the global business community is crucial in fostering economic development and fostering positive relationships between these nations.

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Impact




October, 2024

The Indian American International Chamber of Commerce (IAICC) plays a significant role in promoting economic development and fostering international relationships, particularly between the United States and India. Since its inception in Washington, D.C., in 1990, IAICC has created a dynamic platform where entrepreneurs, professionals, businesses, and governments can collaborate and exchange ideas.

By facilitating strategic alliances, IAICC strengthens business ties and enhances economic engagement across borders. It provides vital resources for members, including education, training, and mentorship, which are essential for the growth and success of Indian American-owned enterprises. Through its various chapters and affiliates, the organization acts as a catalyst for improvement, driving forward initiatives that benefit its members and the broader economic landscape.

The IAICC’s international chapter further amplifies its mission by advocating for state chapters and connecting them to national and global networks. This connectivity is invaluable in today's interconnected world, allowing members to tap into diverse opportunities and form essential partnerships that enhance their global reach.

Overall, the IAICC's impact extends beyond individual members; it contributes to the broader economic development of the United States, India, and other countries, reinforcing the importance of collaborative growth and mutual benefit in an increasingly globalized economy.




This information is meant to be a general summary of Indian American International Chamber Of Commerce. 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
$2,501 (2022)
Expenses
$317,941 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $2,500
  • Gross Receipts: $2,501

Assets and Liabilities:

  • Total Assets: $72,077
  • Total Liabilities: $766,900
  • Net Assets: -$694,823

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Programs

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

MEMBERSHIP FEES

Revenue

$2,500

Organization Details

Founding Year

2019

Principal Officer

Glen Fal

Main Address

2001 L STREET NW SUITE 500, WASHINGTON, DC, 20036

NTEE Category

Code: S30 - Community improvement

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