National Iranian American Council
- Assets
- $335.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 11/2002
- Data as of
- 12/2022
- EIN
- 73-1626026
Organization Overview
National Iranian American Council is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, National Iranian American Council employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Iranian American Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, National Iranian American Council generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 years. 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
NIAC, THE 501(C)(3) SISTER ORGANIZATION OF NIAC ACTION, IS DEDICATED TO EDUCATING & ENGAGING THE IRANIAN-AMERICAN COMMUNITY IN ORDER TO ADVANCE PEACE & DIPLOMACY, SECURE EQUITABLE IMMIGRATION POLICIES, AND PROTECT THE CIVIL RIGHTS OF ALL AMERICANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NIAC COUNCIL WORK IS FOCUSED ROUND 3 AREAS: 1- ADVANCING PEACE & DIPLOMACY 2.SECURING EQUITABLE IMMIGRATION POLICIES AND 3.PROTECTING CIVIL RIGHTS NIAC PETITIONED THE DEPARTMENT OF TREASURY FOR A FORMAL RULE CHANGE TO LICENSE AMERICANS TO OPERATE BANK ACCOUNTS FROM IRAN, WHICH COULD EFFECTIVELY END THE DISCRIMINATORY ACTIONS FACED BY OUR COMMUNITY. NIAC ALSO CALLED ON BANK OF AMERICA TO HALT ITS PRACTICE OF SHUTTING THE ACCOUNTS OF INDIVIDUALS OF IRANIAN NATIONAL ORIGIN OR HERITAGE AND UNDERSCORING THAT SANCTIONS DO NOT OBLIGATE FINANCIAL INSTITUTIONS TO CLOSE THE BANK ACCOUNTS OF INDIVIDUALS ORDINARILY RESIDENT IN THE UNITED STATES. NIAC ALSO CONTINUED TO DEMAND ANSWERS AROUND THE TRAGIC DEATH OF BIJAN GHAISAR BY WORKING WITH A COALITION OF IRANIAN-AMERICAN ORGANIZATIONS TO URGE ACCOUNTABILITY FROM THE U.S. PARK POLICE, DEPARTMENT OF JUSTICE, AND FBI SURROUNDING DETAILS OF THE INVESTIGATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamal Abdi President | OfficerTrustee | 40 | $121,540 |
Ardavan Badii Director | Trustee | 1 | $0 |
Ladan Manteghi Director | Trustee | 1 | $0 |
Payman Jarrahy Director | Trustee | 1 | $0 |
Ahmad Shams Director | Trustee | 1 | $0 |
Masoud Loghmani Director | Trustee | 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 | $1,122,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,122,442 |
| Total Program Service Revenue | $0 |
| Investment income | $257 |
| 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 | $1,135,971 |
| 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. | $121,540 |
| Compensation of current officers, directors, key employees. | $20,976 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $313,109 |
| Pension plan accruals and contributions | $5,251 |
| Other employee benefits | $35,050 |
| Payroll taxes | $51,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,835 |
| Fees for services: Accounting | $94,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $305,927 |
| Advertising and promotion | $9,237 |
| Office expenses | $71,505 |
| Information technology | $2,728 |
| Royalties | $0 |
| Occupancy | $93,859 |
| Travel | $51,603 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $112,259 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,887 |
| All other expenses | $0 |
| Total functional expenses | $1,284,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,689 |
| Savings and temporary cash investments | $7,815 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,383 |
| 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 | $25,252 |
| Total assets | $335,139 |
| Accounts payable and accrued expenses | $6,139 |
| 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 | $6,139 |
| Net assets without donor restrictions | $329,000 |
| 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 | $335,139 |