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Nonprofit · EIN 13-1893850

GERMAN AMERICAN CHAMBER OF COMMERCE INC

Tax-exempt · NEW YORK, NY 10005

Financials

$7.7M$7.1M2023$8M$7.6M2024
Revenue Expenses · by fiscal year end
Financials of GERMAN AMERICAN CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,015,491$7,581,139$434,352$4,662,194$1,928,967$2,733,227
December 31, 2023990$7,654,142$7,083,579$570,563$5,454,618$3,155,743$2,298,875
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,350,670
of which government grants
$2,908,520
Membership dues
$442,150
Program service revenue
$4,637,407
Investment income
$200
Other revenue
$27,214

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$632,347
Other salaries and wages
$3,063,538
Salaries, compensation and benefits (total)
$4,662,973
Professional fundraising fees
$0
Accounting fees
$59,160
Occupancy
$546,582
Travel
$318,100
Depreciation
$48,275

Balance sheet and other

Total assets, start of year
$5,454,618
Total assets, end of year
$4,662,194
Total liabilities, end of year
$1,928,967
Net assets, end of year
$2,733,227
Land, buildings and equipment
$53,645
Gross unrelated business income
$2,185,935
Gross receipts
$8,192,187
Employees
55
Volunteers
38
Year formed
1947
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Susanne GellertPresident & CEO
Officer
40$312,709$59,563$95,680
Martin KaiserVice President & Treasurer
Officer
40$174,178$33,177$76,766
Matthew AllenDirector Career & Education
Highest-paid employee
40$170,444$0$101,578
Irene FuchsDirector Membership/Events
Highest-paid employee
40$168,691$0$57,729
Claus HabermeierDirector GTAI
Highest-paid employee
40$179,603$0$40,764
Nicholas AndersonDirector IT Administration
Highest-paid employee
40$144,333$16,037$37,789
Volker BaerChairman
Trustee or director, Officer
1$0$0$0
Bonnie TullyVice Chairman
Trustee or director, Officer
1$0$0$0
Dirk JanzenVice Chairman
Trustee or director, Officer
1$0$0$0
Hilde Holland EsqSecretary
Trustee or director, Officer
1$0$0$0
Rudiger AlbersDirector
Trustee or director
1$0$0$0
Attila ArianDirector
Trustee or director
1$0$0$0
Stephan BornDirector
Trustee or director
1$0$0$0
Christian C BruneDirector
Trustee or director
1$0$0$0
Michael BuekerDirector
Trustee or director
1$0$0$0
29 more people on this return
NameTitleHours / weekCompensation
Andrew CampbellDirector
Trustee or director
1$0
Maysa DahdouliDirector
Trustee or director
1$0
Sven DoergeDirector
Trustee or director
1$0
Jean-Claude DubacherDirector
Trustee or director
1$0
Marc EhrhardtDirector
Trustee or director
1$0
Jan HeckDirector
Trustee or director
1$0
Dr Alexander P ImbergDirector
Trustee or director
1$0
Christian JagenbergDirector
Trustee or director
1$0
Rick KasnickDirector
Trustee or director
1$0
Stefan KossDirector
Trustee or director
1$0
Ragnar KruseDirector
Trustee or director
1$0
Uve KupkaDirector
Trustee or director
1$0
Lutz LabischDirector
Trustee or director
1$0
Lars LeitnerDirector
Trustee or director
1$0
Matthew LesslerDirector
Trustee or director
1$0
Pernille Lind OlsenDirector
Trustee or director
1$0
Sebastian MackensenDirector
Trustee or director
1$0
Ralph-Peter MuellerDirector
Trustee or director
1$0
Marco SchnablDirector
Trustee or director
1$0
James H SullivanDirector
Trustee or director
1$0
Susanne von TurkDirector
Trustee or director
1$0
Bruce R WhiteDirector
Trustee or director
1$0
Reinhard WieckDirector
Trustee or director
1$0
Anthony WilliamsDirector
Trustee or director
1$0
Katrin ZimmermannDirector
Trustee or director
1$0
David DetjenHonorary Director
Trustee or director
1$0
Andreas FibigHonorary Director
Trustee or director
1$0
Caroll H NeubauerHonorary Director
Trustee or director
1$0
Stanford WarshawskyHonorary Director
Trustee or director
1$0
990 for the year ended December 31, 2023: 46 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dietmar RiegPresident & CEO
Key employee
40$315,263$60,050$52,870
Susanne GellertPresident & CEO
Key employee
40$240,909$45,887$90,847
Matthew AllenDirector Career & Education
Highest-paid employee
40$166,289$0$97,327
Martin KaiserVice President & Treasurer
Key employee
40$159,449$30,371$69,258
Claus HabermeierDirector GTAI
Highest-paid employee
40$170,558$0$50,866
Irene FucksDirector Membership/Events
Highest-paid employee
40$160,118$0$56,858
Nicholas AndersonDirector IT Administration
Highest-paid employee
40$129,635$26,552$37,239
Jan HeckChairman
Trustee or director, Officer
1$0$0$0
Bonnie TullyVice Chairman
Trustee or director, Officer
1$0$0$0
Christian C BruneVice Chairman
Trustee or director, Officer
1$0$0$0
Hilde Holland EsqSecretary
Trustee or director, Officer
1$0$0$0
Rudiger AlbersDirector
Trustee or director
1$0$0$0
Volker BaerDirector
Trustee or director
1$0$0$0
Attila ArianDirector
Trustee or director
1$0$0$0
Andrew CampbellDirector
Trustee or director
1$0$0$0
Sven DoergeDirector
Trustee or director
1$0$0$0
Marc EhrhardtDirector
Trustee or director
1$0$0$0
Jean-Claude DubacherDirector
Trustee or director
1$0$0$0
Stephan BornDirector
Trustee or director
1$0$0$0
Jaroslav GaborDirector
Trustee or director
1$0$0$0
Dr Alexander P ImbergDirector
Trustee or director
1$0$0$0
Christian JagenbergDirector
Trustee or director
1$0$0$0
Rick KasnickDirector
Trustee or director
1$0$0$0
Ragnar KruseDirector
Trustee or director
1$0$0$0
Uve KupkaDirector
Trustee or director
1$0$0$0
Lars LeitnerDirector
Trustee or director
1$0$0$0
Ralph-Peter MuellerDirector
Trustee or director
1$0$0$0
Sebastian MackensenDirector
Trustee or director
1$0$0$0
Uwe ScharfyDirector
Trustee or director
1$0$0$0
Marco SchnablDirector
Trustee or director
1$0$0$0
Jan-Patrick SchmitzDirector
Trustee or director
1$0$0$0
James H SullivanDirector
Trustee or director
1$0$0$0
Christofer Von NagelDirector
Trustee or director
1$0$0$0
Susanne von TurkDirector
Trustee or director
1$0$0$0
Kerstin WagnerDirector
Trustee or director
1$0$0$0
Bruce R WhiteDirector
Trustee or director
1$0$0$0
Reinhard WieckDirector
Trustee or director
1$0$0$0
Anthony WilliamsDirector
Trustee or director
1$0$0$0
Susannne Witte-SettineriDirector
Trustee or director
1$0$0$0
Katrin ZimmermannDirector
Trustee or director
1$0$0$0
Dr Siegfried BuschmannHonorary Director
Trustee or director
1$0$0$0
David DetjenHonorary Director
Trustee or director
1$0$0$0
Caroll H NeubauerHonorary Director
Trustee or director
1$0$0$0
Standford WarshawskyHonorary Director
Trustee or director
1$0$0$0
Andreas FibigHonorary Director
Trustee or director
1$0$0$0
Dirk JanzenDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
120 WALL STREET 20TH FLOOR, NEW YORK, NY 10005-4029
In care of
% MARTIN KAISER
Principal officer (990 for 2024)
Susanne Gellert, 120 Wall Street 20th floor, New York, NY 10005
Signed the 990
MARTIN KAISER, Vice President & Treasurer
Phone
(212) 974-8847
Website
gaccny.com
Return prepared by
Aprio Advisory Group LLC

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • As part of our services in establishing business presence in the U.S., we offer consulting services. These services include a wide range of integrative options, from detailed market studies to business correspondence services to potential partners. We customize our services according to each client's needs so that we are able to offer the best business partner referrals and the most options for commercial trade show preparations. Furthermore, we coordinate incentive programs to facilitate companies in exporting to the U.S. we also provide support for companies in their search for qualified bilingual employees. Consulting services include: market studies; office representations; individual business partner arrangement; U.S. market development; VHP USA; and recruitment service.
    Expenses $1,895,325 · revenue $1,041,545
  • The chamber is promoting the exchange of German and American interns to increase the mutual understanding of the two business cultures. Career services offers internship exchange programs for the U.S. and Germany and is an official department of state designated J-1 visa sponsor organization. The internship program USA promotes the placement of student and young professional trainees from Germany with companies located throughout the U.S. these trainees are highly-qualified English-speakers who are available to actively train with a host-company for up to 18 months, when sponsored by the GACC J-1 exchange visitor visa program. Please apply online at our job exchange. The internship program Germany promotes the placement of American trainees from leading universities in the U.S. with companies in Germany. GACC career services assists in the procurement of the required work and residency permits for Germany. J-1 exchange visitor visa: the GACC career services operates an official state department designated J-1 visa program, by issuing a certificate of eligibility form DS-2019. The GACC can assist companies in the U.S. who have recruited their own trainees from Germany in obtaining the necessary J-1 visa for their candidates.
    Expenses $1,128,134 · revenue $619,948
  • The Chamber organizes and coordinates various events and seminars for young business leaders.
    Expenses $12,076 · revenue $6,636
  • Expenses $4,348,164 · revenue $810,557

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-1893850
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1948
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,322,832
Income (IRS master file)
$8,592,356

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,015,491$7,581,139$4,662,194XML
990December 2023$7,654,142$7,083,579$5,454,618XML
990December 2022$7,301,963$7,377,522$4,887,127IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1893850).

Questions about GERMAN AMERICAN CHAMBER OF COMMERCE INC

What is the EIN of GERMAN AMERICAN CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of GERMAN AMERICAN CHAMBER OF COMMERCE INC is 13-1893850.
Is GERMAN AMERICAN CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1948.
Are donations to GERMAN AMERICAN CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GERMAN AMERICAN CHAMBER OF COMMERCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GERMAN AMERICAN CHAMBER OF COMMERCE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GERMAN AMERICAN CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GERMAN AMERICAN CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names Susanne Gellert.
Who are the officers and directors of GERMAN AMERICAN CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 44 people; 6 received compensation from the organization, the highest $312,709 (Susanne Gellert, President & CEO).
How much revenue does GERMAN AMERICAN CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,015,491, expenses of $7,581,139 and total assets of $4,662,194 at year end.

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