GERMAN AMERICAN CHAMBER OF COMMERCE INC Charity Report

Public IRS 990 nonprofit record

GERMAN AMERICAN CHAMBER OF COMMERCE INC

EIN 13-1893850 · Professional Athletic Leagues (N80)

What they do

The German American Chamber of Commerce ("GACC") Fosters The Economic Ties Between Germany and The United States of America. Founded In 1947 It Now Also Comprises of Representation In Philadelphia and California. The GACC Offers A Wide Range of Services to The Northeastern and Western States. Benefiting From Being Close to Silicon Valley, The California Branch Mainly Supports Trendsetting Industry Sectors Such As Information Technology, Biotechnology, Renewable Energies, Semi-conductors and Nanotechnology.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders44 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.12%of revenue went to mission work97.4% of expenses · Program services

$94.58spent for every $100 of revenueRevenue covered expenses this year.

$0.61in assets for every $1 spent this yearSome assets cannot be spent right away.

41.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $408,389 for SUSANNE GELLERT (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,015,491

Mission workProgram services$7,383,69992.12% of revenue97.4% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$434,3525.42% of revenueShown in gray on the chart

Total expenses$7,581,13994.58% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 97.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.58% of revenue

2023Expense mix: 82.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 92.55% of revenue

2022Expense mix: 82.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.03% of revenue

2021Expense mix: 70.1% mission · 25.5% management · 4.4% fundraisingTotal expenses: 94.27% of revenue

Money in and money out

Revenue$8,015,491

Expenses$7,581,139

Annual surplus $434,352 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,383,699 · 97.4% of expenses

See all reported dollar amounts

Revenue$8,015,491

Expenses$7,581,139

Assets$4,662,194

Income$8,192,187

Contributions$3,350,670

Mission work (program services)$7,383,699

Accounting fees$59,160

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SUSANNE GELLERTPRESIDENT & CEO · 40 hrs/week $408,389Base $312,709 · Other $95,680

MATTHEW ALLENDIRECTOR CAREER & EDUCATION · 40 hrs/week $272,022Base $170,444 · Other $101,578

MARTIN KAISERVICE PRESIDENT & TREASURER · 40 hrs/week $250,944Base $174,178 · Other $76,766

IRENE FUCHSDIRECTOR MEMBERSHIP/EVENTS · 40 hrs/week $226,420Base $168,691 · Other $57,729

CLAUS HABERMEIERDIRECTOR GTAI · 40 hrs/week $220,367Base $179,603 · Other $40,764

NICHOLAS ANDERSONDIRECTOR IT ADMINISTRATION · 40 hrs/week $182,122Base $144,333 · Other $37,789

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (44)

SUSANNE GELLERTPRESIDENT & CEO

MATTHEW ALLENDIRECTOR CAREER & EDUCATION

MARTIN KAISERVICE PRESIDENT & TREASURER

IRENE FUCHSDIRECTOR MEMBERSHIP/EVENTS

CLAUS HABERMEIERDIRECTOR GTAI

NICHOLAS ANDERSONDIRECTOR IT ADMINISTRATION

RICK KASNICKDIRECTOR

MATTHEW LESSLERDIRECTOR

MAYSA DAHDOULIDIRECTOR

MICHAEL BUEKERDIRECTOR

PERNILLE LIND OLSENDIRECTOR

RAGNAR KRUSEDIRECTOR

RALPH-PETER MUELLERDIRECTOR

REINHARD WIECKDIRECTOR

MARCO SCHNABLDIRECTOR

RUDIGER ALBERSDIRECTOR

SEBASTIAN MACKENSENDIRECTOR

STANFORD WARSHAWSKYHONORARY DIRECTOR

STEFAN KOSSDIRECTOR

STEPHAN BORNDIRECTOR

SUSANNE VON TURKDIRECTOR

SVEN DOERGEDIRECTOR

UVE KUPKADIRECTOR

VOLKER BAERCHAIRMAN

DIRK JANZENVICE CHAIRMAN

ANDREW CAMPBELLDIRECTOR

ANTHONY WILLIAMSDIRECTOR

ATTILA ARIANDIRECTOR

BONNIE TULLYVICE CHAIRMAN

BRUCE R WHITEDIRECTOR

CAROLL H NEUBAUERHONORARY DIRECTOR

CHRISTIAN JAGENBERGDIRECTOR

CHRISTIAN C BRUNEDIRECTOR

DAVID DETJENHONORARY DIRECTOR

ANDREAS FIBIGHONORARY DIRECTOR

DR ALEXANDER P IMBERGDIRECTOR

HILDE HOLLAND ESQSECRETARY

JAMES H SULLIVANDIRECTOR

JAN HECKDIRECTOR

JEAN-CLAUDE DUBACHERDIRECTOR

KATRIN ZIMMERMANNDIRECTOR

LARS LEITNERDIRECTOR

LUTZ LABISCHDIRECTOR

MARC EHRHARDTDIRECTOR

About this charity

Recognized since: January 1948
Location: 120 WALL STREET 20TH FLOOR, NEW YORK, NY 10005-4029
County: New York
In care of: % MARTIN KAISER
Primary officer: MARTIN KAISER, Vice President & Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(212) 974-8847

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: APRIO ADVISORY GROUP LLC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues