United States Council For International Business
- Assets
- $12.7m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1945
- Data as of
- 12/2022
- EIN
- 13-1525134
Organization Overview
United States Council For International Business is located in New York, NY. The organization was established in 1945. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United States Council For International Business is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, United States Council For International Business generated $13.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $12.7m during the year ending 12/2022. While expenses have increased by 0.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AN OPEN SYSTEM OF WORLD COMMERCE IN WHICH BUSINESS CAN FLOURISH
Describe the Organization's Program Activity:
Part 3 - Line 4a
USCIB WAS APPOINTED BY THE TREASURY DEPARTMENT (BUREAU OF CUSTOMS, NOW U.S. CUSTOMS AND BORDER PROTECTION [CBP]) IN 1969 AS THE NATIONAL GUARANTEEING ASSOCIATION AND ISSUING ASSOCIATION IN THE U.S. FOR ATA CARNETS. THE ATA CARNET IS AN INTERNATIONAL CUSTOMS DOCUMENT THAT PERMITS DUTY-FREE AND TAX-FREE TEMPORARY IMPORT OF GOODS FOR UP TO ONE YEAR. ATA CARNETS ARE WIDELY WELCOMED BY COUNTRIES WISHING TO BOOST INTERNATIONAL COOPERATION AND TAKE FULL ADVANTAGE OF THE GLOBAL ECONOMY, AND ARE ACCEPTED IN 80 PLUS COUNTRIES/CUSTOMS TERRITORIES.
FOUNDED IN 1945, USCIB PROMOTES OPEN MARKETS, COMPETITIVENESS AND INNOVATION, SUSTAINABLE DEVELOPMENT, AND CORPORATE RESPONSIBILITY, SUPPORTED BY INTERNATIONAL ENGAGEMENT AND REGULATORY COHERENCE. ITS FOCUS IS ON INTERNATIONAL POLICY IN THE MULTILATERAL SYSTEM, AND ITS MEMBERS INCLUDE U.S.-BASED GLOBAL COMPANIES AND PROFESSIONAL SERVICES FIRMS FROM EVERY SECTOR, WITH OPERATIONS IN EVERY REGION OF THE WORLD. AS THE SOLE AMERICAN REPRESENTATIVE OF THE INTERNATIONAL CHAMBER OF COMMERCE, THE INTERNATIONAL ORGANIZATION OF EMPLOYERS AND THE BUSINESS AND INDUSTRY ADVISORY COMMITTEE TO THE OECD, USCIB PROVIDES BUSINESS VIEWS TO THE ADMINISTRATION AND TO POLICY MAKERS AND REGULATORY AUTHORITIES WORLDWIDE AND WORKS TO FACILITATE INTERNATIONAL TRADE AND INVESTMENT. IN ADDITION, (CONTINUED ON SCHEDULE O) USCIB IS THE ONLY U.S. ORGANIZATION WITH STANDING TO UN ECOSOC, AND HAS RECOGNIZED STANDING IN SEVERAL UN BODIES AND TREATIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter M Robinson President And CEO | OfficerTrustee | 40 | $583,298 |
Harold Mcgraw III Thru 92022 Chairman | OfficerTrustee | 1 | $0 |
Eric Loeb Chairman | OfficerTrustee | 1 | $0 |
Rick Johnston Vice Chair | OfficerTrustee | 1 | $0 |
Thomas Mt Niles Vice Chair | OfficerTrustee | 1 | $0 |
Michelle Parmelee Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $612,406 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $612,406 |
| Total Program Service Revenue | $12,760,781 |
| Investment income | $191 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$33 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,428 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,401,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,363,385 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,184,519 |
| Pension plan accruals and contributions | $1,549,060 |
| Other employee benefits | $848,648 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,440 |
| Fees for services: Accounting | $62,032 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $552,690 |
| Advertising and promotion | $49,894 |
| Office expenses | $224,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $705,700 |
| Travel | $244,093 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $371,239 |
| Interest | $63,693 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,019 |
| Insurance | $56,376 |
| All other expenses | $45,335 |
| Total functional expenses | $12,671,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,588,064 |
| Savings and temporary cash investments | $4,677,735 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,528,063 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,844 |
| Prepaid expenses and deferred charges | $68,153 |
| Net Land, buildings, and equipment | $308,481 |
| Investments—publicly traded securities | $7,240 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,473,843 |
| Total assets | $12,678,423 |
| Accounts payable and accrued expenses | $1,970,166 |
| Grants payable | $0 |
| Deferred revenue | $2,613,346 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,789,499 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,640,598 |
| Total liabilities | $10,013,609 |
| Net assets without donor restrictions | $2,664,814 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,678,423 |