The American Chamber Of Commerce In China Fund is located in null. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. American Chamber Of Commerce In China Fund 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 12/2021, American Chamber Of Commerce In China Fund generated $929.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ACTIVITIES OF THE AMERICAN CHAMBER OF COMMERCE IN THE PEOPLE'S REPUBLIC OF CHINA AND THE COMMON BUSINESS INTERESTS OF ITS MEMBERS THAT ARE PRIMARILY AMERICAN COMPANIES AND MULTI-NATIONAL COMPANIES WITH UNITED STATES BUSINESS INTERESTS THAT ARE DOING BUSINESS IN CHINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IDENTIFY AND ADDRESS COMMON ISSUES IMPORTANT TO THE GROWTH OF CHINA'S AVIATION SYSTEM AND UNDERTAKE JOINT U.S.-CHINA ACTIVITIES THAT FURTHER SAFETY, CAPACITY, AND EFFICIENCY. ACP PROVIDED TRAINING TO VARIOUS CHINESE AVIATION OFFICIALS THROUGH THE AVIATION COOPERATION PROGRAM IN THE AREAS OF AIR TRAFFIC CONTROL, EXECUTIVE TRAINING, AIRPORT MANAGEMENT AND GROUND CONTROL MANAGEMENT. THIS PROGRAM HELPS AMERICAN COMPANIES EXPORT BILLIONS OF DOLLARS OF AVIATION PRODUCTS AND SERVICES ANNUALLY.
TO LINK U.S. AND CHINESE PUBLIC, PRIVATE, AND NON-GOVERNMENTAL ORGANIZATIONS ACROSS THE AGRICULTURAL AND FOOD SUPPLY CHAIN TO ADVANCE MUTUAL FOOD SECURITY, FOOD SAFETY, AND AGRICULTURAL SUSTAINABILITY THROUGH THE PROMOTION OF COOPERATIVE ACTIVITIES BETWEEN THE U.S. AND CHINA AND OPTIMAL PRACTICES IN BOTH COUNTRIES. THE ORGANIZATION DEVELOPED TRAINING, COLLABORATION PLATFORMS, AND DEMONSTRATION PILOTS FOR INFORMATION EXCHANGE AND COOPERATION BETWEEN U.S. AND CHINA'S MEAT INDUSTRY AND REGULATORS, RECOGNIZING THAT ENHANCED DIALOGUE AND BEST PRACTICE SHARING HELP IMPROVE STANDARD SETTING AND IMPLEMENTATION ALONG THE WHOLE AGRICULTURE AND FOOD SUPPLY CHAIN. ALIGNMENT AND HARMONIZATION OF PRODUCTION AND PROCESSING STANDARDS THROUGH THIS PROGRAM WILL HELP FACILITATE EXPORTS OF U.S. AGRICULTURE AND FOOD PRODUCTS AND SERVICES AND SUPPORT U.S. INDUSTRY OPERATIONS IN COUNTRY.
TO ADVANCE BILATERAL COOPERATION BETWEEN THE U.S. AND CHINA ON ENERGY, ENERGY EFFICIENCY, AND ENVIRONMENT SECTOR ISSUES BY ACTING AS A BRIDGE TO CONNECT GOVERNMENTS WITH THE PRIVATE SECTOR UNDER THE SHARED GOAL OF ADVANCING SUSTAINABLE DEVELOPMENT AND ENABLING COMMERCIAL COOPERATION. THE ORGANIZATION PROVIDED TECHNICAL TRAINING WORKSHOPS TO VARIOUS CHINESE ENERGY POLICY MAKERS, RESEARCH INSTITUTES AND INDUSTRY PLAYERS THROUGH THE U.S.-CHINA ENERGY COOPERATION PROGRAM (ECP) GAS WORKSHOP SERIES IN THE AREAS OF GAS/LNG SECTOR TO DEVELOP AND ENHANCE SUSTAINABLE AND HEALTHY BILATERAL ECONOMIC AND COMMERCIAL PARTNERSHIP. ALSO, THE ORGANIZATION PROVIDED TECHNICAL ASSISTANCE TRAINING WORKSHOPS TO CITY LEADERS AND CITY INDUSTRY PROJECT OWNERS AND PLAYERS THROUGH THE ECP'S CITY WORKSHOP SERIES IN THE AREAS OF ENERGY EFFICIENCY IMPROVEMENT, DISTRIBUTED ENERGY INCLUDING RENEWABLE AND GAS BASED, URBAN INFRASTRUCTURE AND WASTE MANAGEMENT, SMART GRID, AND ENVIRONMENTAL PROTECTION TO CREATE DIALOGUES AND COOPERATION BETWEEN INDUSTRY PLAYERS AND CHINESE CITIES. THROUGH THE GAS AND CITY WORKSHOP SERIES, CHINA GAS INDUSTRY PLAYERS AND PARTICIPATING U.S. GAS/LNG INDUSTRY PLAYERS HAVE BETTER OPPORTUNITIES TO KNOW EACH OTHER AND DEVELOP BUSINESS AND TECHNICAL COOPERATION PARTNERSHIPS. WE EXPECT MORE LNG, GAS TURBINES, AND OIL AND GAS INDUSTRY EQUIPMENT AND SERVICES TO BE SOLD IN THE RAPIDLY GROWING CHINA MARKET; WE ALSO WOULD LIKE TO SEE MORE ADVANCED U.S. ENERGY, ENERGY EFFICIENCY AND ENVIRONMENTAL PROTECTION EQUIPMENT/PRODUCTS/SERVICES TO BE ADOPTED IN CHINESE CITY PROJECTS.
TO STRENGTHEN LONG-TERM, CONSTRUCTIVE COOPERATION IN THE HEALTHCARE SECTOR BETWEEN THE U.S. AND CHINA, SUPPORT CAPACITY AND CAPABILITY BUILDING IN THE HEALTHCARE SYSTEM IN CHINA, AND PROMOTE A HEALTHY ENVIRONMENT FOR THE GROWTH OF THE HEALTHCARE INDUSTRY IN CHINA. THE ORGANIZATION PROVIDED TRAINING TO VARIOUS CHINESE HEALTH OFFICIALS THROUGH THE HEALTH COOPERATION PROGRAM IN THE AREAS OF HOSPITAL MANAGEMENT, CHRONIC DISEASE CONTROL, ETC. THE ORGANIZATION ALSO WORKED WITH KEY CHINESE PARTNERS TO ORGANIZE AND PARTICIPATE IN HIGH LEVEL WORKSHOPS, SYMPOSIUMS, SEMINARS, ETC. DURING THESE ACTIVITIES IT SUPPORTED BILATERAL SENIOR LEVEL DIALOGUES ON HEALTH COOPERATION, BROUGHT TOP U.S. HEALTHCARE EXPERTS FROM UNIVERSITIES, INDUSTRIES, AND ASSOCIATIONS TO MEET WITH THEIR CHINESE PEERS AND ENGAGE IN CONSTRUCTIVE AND PRODUCTIVE DISCUSSIONS. THIS PROGRAM HELPS AMERICAN HEALTHCARE COMPANIES EXPORT BILLIONS OF DOLLARS OF MEDICAL PRODUCTS AND SERVICES ANNUALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alan Beebe President | OfficerTrustee | 0.5 | $0 |
Gregory Gilligan Chairman | Trustee | 0.15 | $0 |
William Rosoff General Counsel | Trustee | 0.15 | $0 |
Colm Rafferty Vice-Chairman | Trustee | 0.15 | $0 |
Bill Zarit Vice-Chairman | Trustee | 0.15 | $0 |
Dora Cheung Treasurer | Trustee | 0.15 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Icf Sh&e Inc Consulting | 12/30/21 | $248,239 |
Strategic Planning Services Inc Consulting | 12/30/21 | $126,618 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $929,328 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $929,328 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,173,123 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,181,123 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,134,314 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,134,314 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $3,134,314 |
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 | $3,134,314 |
Organization Name | Assets | Revenue |
---|---|---|
International Institute Of Business Analysis | $5,013,011 | $5,501,998 |
American Chamber Of Commerce In France Inc | $1,723,629 | $1,181,889 |
The American Chamber Of Commerce In China Fund | $3,134,314 | $929,328 |
International Doi Foundation Inc | $1,360,977 | $1,039,342 |
National Hockey League Coaches Association | $534,239 | $637,419 |
International Design Continuing Education Council Inc | $1,533,888 | $784,134 |
American Chamber Of Commerce In Kazakhstan Inc | $821,837 | $510,612 |
American Business Council Kuwait | $155,745 | $283,135 |
International Federation For Professional Speakers Inc | $161,168 | $0 |
World Association Of Societies Of Pathology And Labortory Medici | $754,514 | $32,456 |