Cyprus-U S Chamber Of Commerce Inc
- Assets
- $113.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paramus, NJ
- Founding
- 08/1999
- Data as of
- 06/2021
- EIN
- 22-3600735
Organization Overview
Cyprus-U S Chamber Of Commerce Inc is located in Paramus, NJ. The organization was established in 1999. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Cyprus-U S Chamber Of Commerce Inc 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 06/2021, Cyprus-U S Chamber Of Commerce Inc generated $876.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (55.4%) each year. All expenses for the organization totaled $39.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE AND EXTEND THE COMMERCIAL, INDUSTRIAL AND ECONOMIC RELATIONS BETWEEN THE REPUBLIC OF CYPRUS AND THE UNITED STATES, TO PROMOTE THE DEVELOPMENT OF COMMERCIAL EXCHANGES BETWEEN THEIR RESPECTIVE INDUSTRIES, TRADES AND BUSINESS, AND TO GIVE EVERY ASSISTANCE TO ITS MEMBERS TO ATTAIN THEIR BUSINESS AIMS
Describe the Organization's Program Activity:
Part 3
ORGANIZE EVENTS THAT HONORS CORPORATIONS AND INDIVIDUALS WHO HAVE RAISED THE PROFILE OF CYPRUS AND MADE A CONTRIBUTION IN STRENGTHENING TRADE RELATIONS BETWEEN CYPRUS AND THE UNITED STATES.
THE ANNUAL CYPRUS-U.S. CHAMBER OF COMMERCE CHRISTMAS PARTY IS A HOLIDAY EVENT IN WHICH PAID MEMBERS OF THE CHAMBER CAN MEET, NETWORK, AND MINGLE IN ORDER TO PROMOTE BUSINESS BETWEEN THE CYPRUS AND THE UNITED STATES.
MADE DONATIONS TO NON-FOR-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demetrios Comodromos Vice President | 1 | $0 | |
Theodore M Kakoyiannis Secretary | 1 | $0 | |
Nicolas Nicolaou Chairman | 2 | $0 | |
Petroula Lambrou Treasurer | 2 | $0 | |
Maria Pappas President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $926 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$50 |
| Other Revenue | $0 |
| Total Revenue | $876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,552 |
| Total expenses | $39,702 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,094 |
| Other assets | $0 |
| Total assets | $113,054 |
| Total liabilities | $3,036 |
| Net assets or fund balances | $110,018 |
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