American Turkish Council
- Assets
- $0.0
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 08/1994
- Data as of
- 12/2019
- EIN
- 52-1787981
Organization Overview
American Turkish Council is located in Arlington, VA. The organization was established in 1994. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. American Turkish Council 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 12/2019, American Turkish Council generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE IN ACTIVITIES TO PROMOTE THE U.S.-TURKISH COMMERCIAL,DEFENSE & CULTURAL RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD AN ANNUAL CONFERENCE BETWEEN US AND TURKISH GOVERNMENTALOFFICIALS AND BUSINESS MEN; MAINTAINED A WEBSITE WITH ARTICLES ONTURKEY AND THE US, AND WITH LINKS TO RELATED SITES; HELD SEMINARS,WORKSHOPS, BRIEFINGS, AND OTHER MEETINGS TO EDUCATE AND UPDATE THEMEMBERSHIP AND THE PUBLIC ON US/TURKISH CULTURAL, COMMERCIAL, ANDSECURITY ISSUES AND TO HONOR THOSE WHO HAVE MADE OUTSTANDINGCONTRIBUTIONS TO ECONOMIC AND SOCIAL TIES BETWEEN THE REPUBLIC OFTURKEY AND THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Generalusmcretjames Ljones Chairman Of The Board | OfficerTrustee | 1 | $0 |
Tamer Saka Vice Chairman Of Board | OfficerTrustee | 1 | $0 |
Howard G Beasey President And CEO | OfficerTrustee | 40 | $12,000 |
Joshua Walker Vice President | OfficerTrustee | 1 | $0 |
Sibel Selcuk Treasurer | OfficerTrustee | 1 | $0 |
Karl V Hopkins General Counsel | OfficerTrustee | 1 | $0 |
Financial Statements
| 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 | $1,578,477 |
| 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 | $1,588,052 |
| 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. | $95,564 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,815 |
| Pension plan accruals and contributions | $2,788 |
| Other employee benefits | $57,656 |
| Payroll taxes | $12,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,213 |
| Fees for services: Accounting | $12,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $199,787 |
| Advertising and promotion | $1,695 |
| Office expenses | $15,750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,556 |
| Travel | $117,631 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $374,560 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,837 |
| All other expenses | $7,733 |
| Total functional expenses | $1,015,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |