Overview
What is American Chamber Of Commerce Saudi Arabia?
The American Chamber of Commerce Saudi Arabia is a nonprofit organization that serves as a bridge for American businesses to thrive in Saudi Arabia. Acting as the primary advocate and leader for the American business community in the kingdom, its mission is to foster connections, growth, and prosperity for American companies. By promoting trade and investment, it strengthens the bilateral relationship between the two nations. The organization achieves this through hosting a series of informal in-person events, providing a platform for American companies to network and grow their presence in the Saudi Arabian market.
Is American Chamber Of Commerce Saudi Arabia legitimate?
American Chamber Of Commerce Saudi Arabia is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Chamber Of Commerce Saudi Arabia 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.
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What is the mission statement of American Chamber Of Commerce Saudi Arabia?
The American Chamber of Commerce Saudi Arabia's mission is to facilitate the growth and prosperity of American businesses within Saudi Arabia. Acting as the primary advocate and leader for the American business community, the organization works towards promoting trade and investment, aiming to strengthen the relationship between the two nations. Their activities include organizing informal events to provide networking opportunities and foster a conducive business environment.
What is the revenue of American Chamber Of Commerce Saudi Arabia?
American Chamber Of Commerce Saudi Arabia's revenue in 2024 was $1,397,004.
Who are the executives of American Chamber Of Commerce Saudi Arabia and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for American Chamber Of Commerce Saudi Arabia?
American Chamber Of Commerce Saudi Arabia's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of American Chamber Of Commerce Saudi Arabia
The American Chamber of Commerce Saudi Arabia, as the principal advocate and leader for the American business community in the Kingdom of Saudi Arabia, is dedicated to facilitating connections and fostering growth and prosperity for American companies operating within the region. Its mission is multifaceted, encompassing the promotion of trade and investment between the two nations, as well as the strengthening of the bilateral relationship. To achieve these objectives, the American Chamber of Commerce Saudi Arabia hosts various informal in-person events, acting as a facilitator and a bridge between American businesses and the Saudi Arabian market. By providing a platform for networking and collaboration, the organization aims to support American companies in their endeavors to succeed and thrive in the Kingdom of Saudi Arabia.
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Impact
October, 2024
The American Chamber of Commerce Saudi Arabia significantly impacts the business landscape by facilitating connections for American companies in the Kingdom. It serves as a vital advocate for U.S. businesses, promoting trade and investment opportunities, and fostering a collaborative environment that enhances economic growth. Through networking events, the Chamber enables companies to forge valuable relationships, share insights, and collaborate on initiatives that benefit both American and Saudi economies.
By strengthening bilateral relations, the Chamber not only helps American businesses thrive in a competitive market but also contributes to the broader economic development of Saudi Arabia. The emphasis on community improvement aligns with its mission to support a vibrant business ecosystem, ultimately leading to job creation and enhanced prosperity in the region. This advocacy and support for American enterprises underscore the Chamber's role as a leader in promoting mutual interests and understanding between the two nations.
This information is meant to be a general summary of American Chamber Of Commerce Saudi Arabia. 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 2024.
- Investment Income: $31,724
- Program Service Revenue: $646,695
- Gross Receipts: $1,397,004
Assets and Liabilities:
- Total Assets: $440,492
- Total Liabilities: $303
- Net Assets: $440,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$198,659
SPONSORSHIP-COMMITTEE
Revenue
$448,036
Organization Details
Founding Year
2021
Principal Officer
Mazen Takhah
NTEE Category
Code: S40 - Community improvement
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