Nonprofit · EIN 13-6161195
BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $10,243,570 | $10,232,895 | $10,675 | $4,200,193 | $3,991,729 | $208,464 |
| December 31, 2023 | 990 | $9,437,563 | $9,606,104 | -$168,541 | $3,722,985 | $2,935,875 | $787,110 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,712,241
- Membership dues
- $3,090,389
- Program service revenue
- $4,712,897
- Investment income
- $85,948
- Net gain from sales of assets
- $45,721
- Net income from fundraising events
- -$267,516
- Other revenue
- -$267,516
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,796,019
- Other salaries and wages
- $2,568,391
- Salaries, compensation and benefits (total)
- $5,255,801
- Professional fundraising fees
- $210,500
- Legal fees
- $110,760
- Accounting fees
- $9,000
- Occupancy
- $424,749
- Travel
- $1,073,487
- Depreciation
- $2,193
- Program services (functional)
- $7,801,034
- Management and general (functional)
- $1,468,534
- Fundraising (functional)
- $963,327
Balance sheet and other
- Total assets, start of year
- $3,722,985
- Total assets, end of year
- $4,200,193
- Total liabilities, end of year
- $3,991,729
- Net assets, end of year
- $208,464
- Land, buildings and equipment
- $22,806
- Publicly traded securities
- $996,433
- Net assets without donor restrictions
- $208,464
- Gross receipts
- $11,158,987
- Employees
- 40
- Volunteers
- 80
- Year formed
- 1958
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER J TICHANSKY | PRESIDENT AND CEO Trustee or director, Officer | 40 | $290,992 | $58,792 |
| NINA KUNDRA | SENIOR VICE PRESIDENT Officer | 40 | $251,077 | $65,751 |
| MEGHAN HAGBERG | SENIOR VICE PRESIDENT Officer | 40 | $246,077 | $66,530 |
| CAITLIN NOONE | CHIEF OPERATING OFFICER Officer | 40 | $262,074 | $40,898 |
| GINELLE BAUGH | SENIOR VICE PRESIDENT AND TREASURER OF THE BOARD Officer | 40 | $235,189 | $58,832 |
| KENNETH DONALD | SENIOR DIRECTOR, NATIONAL SECURITY Highest-paid employee | 40 | $167,692 | $58,634 |
| MATTHEW LOWENBRAUN | VICE PRESIDENT, MEMBERSHIP Key employee | 40 | $171,492 | $48,316 |
| MAX HORWITZ | VICE PRESIDENT, BCIU VENTURES Highest-paid employee | 40 | $171,373 | $41,667 |
| PETE NONIS | VICE PRESIDENT, MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $157,431 | $28,366 |
| BRIAN DERSHOWITZ | SENIOR DIRECTOR Highest-paid employee | 40 | $138,462 | $26,225 |
| KWAME SIRIBOE | DIRECTOR, FINANCE & IT Highest-paid employee | 40 | $132,769 | $24,723 |
| JULIE MONACO | BOARD MEMBER/CHAIR Trustee or director, Officer | 19 | $0 | $0 |
| MICHAEL WOODS | BOARD MEMBER/FIN COMMITTEE CHAIR Trustee or director, Officer | 14 | $0 | $0 |
| THOMAS J KNOX ESQ | BOARD MEMBER/LEGAL COUNSEL Trustee or director, Officer | 10 | $0 | $0 |
| ANDREW FRIENDLY | BOARD MEMBER Trustee or director | 17 | $0 | $0 |
36 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AYMERIC LEPEU | BOARD MEMBER Trustee or director | 5 | $0 |
| BRENDAN DUVAL | BOARD MEMBER Trustee or director | 5 | $0 |
| BRIAN MILLER | BOARD MEMBER Trustee or director | 5 | $0 |
| CCILIA ATTIAS | BOARD MEMBER Trustee or director | 5 | $0 |
| CD GLIN | BOARD MEMBER Trustee or director | 5 | $0 |
| DANIEL CRUISE | BOARD MEMBER Trustee or director | 9 | $0 |
| HELGA FLORES TREJO | BOARD MEMBER Trustee or director | 9.5 | $0 |
| JEFF KRATZ | BOARD MEMBER Trustee or director | 8 | $0 |
| JONATHAN SELIB | BOARD MEMBER Trustee or director | 9.5 | $0 |
| JOSETTE SHEERAN | BOARD MEMBER Trustee or director | 5 | $0 |
| JOSHUA DIXON | BOARD MEMBER Trustee or director | 5 | $0 |
| KARA CARSCADEN | BOARD MEMBER Trustee or director | 7 | $0 |
| KENNETH WYSE | BOARD MEMBER Trustee or director | 5 | $0 |
| MATTHEW C FREEDMAN | BOARD MEMBER Trustee or director | 9 | $0 |
| MAURICE TEMPELSMAN | BOARD MEMBER Trustee or director | 5 | $0 |
| MENASSIE TADDESE | BOARD MEMBER Trustee or director | 7 | $0 |
| NANCY ZIUZIN-SCHLEGEL | BOARD MEMBER Trustee or director | 5 | $0 |
| OMAR VARGAS | BOARD MEMBER Trustee or director | 5 | $0 |
| PAUL FREEDMAN | BOARD MEMBER Trustee or director | 5 | $0 |
| PAUL J OSTLING | BOARD MEMBER Trustee or director | 5 | $0 |
| RANGU SALGAME | BOARD MEMBER Trustee or director | 5 | $0 |
| RICHARD SMOTKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| ROBERT STEBBINGS | BOARD MEMBER Trustee or director | 5 | $0 |
| ROD JIMENEZ | BOARD MEMBER Trustee or director | 5 | $0 |
| SAMISH KUMAR | BOARD MEMBER Trustee or director | 5 | $0 |
| SEUN SALAMI | BOARD MEMBER Trustee or director | 5 | $0 |
| SOLA YOMI-AJAYI | BOARD MEMBER Trustee or director | 5 | $0 |
| STANLEY M BERGMAN | BOARD MEMBER Trustee or director | 5 | $0 |
| SUSAN C SCHWAB | BOARD MEMBER Trustee or director | 5 | $0 |
| SUSAN GREENWELL | BOARD MEMBER Trustee or director | 12 | $0 |
| TANIA HANNA | BOARD MEMBER Trustee or director | 8 | $0 |
| TERESA CARLSON | BOARD MEMBER Trustee or director | 5 | $0 |
| THERESA FARIELLO | BOARD MEMBER Trustee or director | 9.5 | $0 |
| TIM HOGAN | BOARD MEMBER Trustee or director | 5 | $0 |
| VIRGINIA WEIL | BOARD MEMBER Trustee or director | 14 | $0 |
| ZUBAID AHMAD | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Tichansky | President CEO Trustee or director, Officer | 0 | $355,286 |
| Nina Kundra | Senior VP Officer | 0 | $265,192 |
| Caitlin Noone | Chief Operating OfficerCorp Officer | 0 | $257,199 |
| Megan Hagberg | Senior VP Officer | 0 | $241,192 |
| Ginelle Baugh | Senior VPCorp Treasurer Officer | 0 | $231,192 |
| Max Horwitz | Highest Compensated Employee Highest-paid employee | 0 | $188,534 |
| Matthew Lowenbraun | Highest Compensated Employee Highest-paid employee | 0 | $165,389 |
| Pete Nonis | Highest Compensated Employee Highest-paid employee | 0 | $161,423 |
| Kenneth Donald | Highest Compensated Employee Highest-paid employee | 0 | $156,000 |
| Brian Dershowitz | Highest Compensated Employee Highest-paid employee | 0 | $135,500 |
| Kwame Siriboe | Highest Compensated Employee Highest-paid employee | 0 | $121,654 |
| Joseph Walters | Highest Compensated Employee Highest-paid employee | 0 | $102,000 |
| Julie Monaco | Chair Trustee or director | 0 | $0 |
| Daniel Cruise | Vice Chair Trustee or director | 0 | $0 |
| Matthew Freedman | Committee Chair Trustee or director | 0 | $0 |
| Michael Woods | Committee Chair Trustee or director | 0 | $0 |
| Andrew Friendly | Committee Chair Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1501 BROADWAY STE 2300, NEW YORK, NY 10036-5600
- Principal officer (990 for 2024)
- PETER TICHANSKY, 1501 BROADWAY SUITE 2300, NEW YORK, NY 10036
- Signed the 990
- GINELLE K BAUGH, SENIOR VICE PRESIDENT
- Phone
- (212) 490-0460
- Website
- WWW.BCIU.ORG
- Return prepared by
- FORVIS MAZARS LLP
Mission
THE BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING, INC. (BCIU) WAS ORGANIZED TO PROMOTE DIALOGUE AND ACTION BETWEEN THE BUSINESS AND GOVERNMENT COMMUNITIES FOR THE PURPOSE OF EXPANDING INTERNATIONAL COMMERCE.
Program accomplishments
- PROGRAM SERVICES: CONFERENCES, RECEPTIONS, GROUP ROUNDTABLES, TRADE MISSIONS, AND MEETINGS. BCIU ORGANIZES VARIOUS EVENTS WITH U.S. GOVERNMENT OFFICIALS, FOREIGN GOVERNMENT OFFICIALS, AND BUSINESS EXECUTIVES WORLDWIDE.Expenses $5,248,978 · revenue $2,961,147
- GOVERNMENT CONTRACTS PROGRAMS: IMPLEMENTATION OF PROGRAMS WITH THE U.S. TRADE AND DEVELOPMENT AGENCY (USTDA). THESE PROGRAMS INCLUDE A SERIES OF MEETINGS, SITE VISITS, ROUNDTABLES, CONFERENCES, AND RECEPTIONS WITH VISITING DELEGATIONS. THESE PROGRAMS CONCERN DEVELOPING AND MIDDLE INCOME COUNTRIES FROM ALL REGIONS OF THE WORLD.Expenses $2,519,563 · revenue $1,667,609
- COMMERCIAL TRAINING: DESIGN AND DELIVER COMMERCIAL TRAINING COURSES FOR U.S. FOREIGN SERVICE AND U.S. FOREIGN COMMERCIAL SERVICE PERSONNEL. THESE COURSES ARE A SERIES OF FORMAL INSTRUCTIONAL PROGRAMS OFFERED IN CONJUNCTION WITH THE U.S. DEPT. OF STATE AND COMMERCE. AIMED TO OFFER SUPPORT TO AND STRENGTHEN EFFECTIVENESS OF AN AMERICAN EMBASSY'S ROLE IN PROMOTING U.S. BUSINESS INTERESTS IN OVERSEAS MARKETS.Expenses $32,493 · revenue $84,141
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-6161195
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1959
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q050)
- Assets (IRS master file)
- $4,885,080
- Income (IRS master file)
- $15,785,443
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,243,570 | $10,232,895 | $4,200,193 | XML |
| 990 | December 2023 | $9,437,563 | $9,606,104 | $3,722,985 | XML |
| 990 | December 2022 | $7,735,614 | $7,753,566 | $4,181,203 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 13-6161195).
Questions about BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC
- What is the EIN of BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC?
- The employer identification number (EIN) of BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC is 13-6161195.
- Is BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING 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 BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING 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 BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC?
- The 990 for the year ended December 31, 2024 names PETER TICHANSKY.
- Who are the officers and directors of BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC?
- The 990 for the year ended December 31, 2024 lists 51 people; 11 received compensation from the organization, the highest $290,992 (PETER J TICHANSKY, PRESIDENT AND CEO).
- How much revenue does BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,243,570, expenses of $10,232,895 and total assets of $4,200,193 at year end.
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