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Nonprofit · EIN 23-7275160

US CHINA BUSINESS COUNCIL

Tax-exempt · WASHINGTON, DC 20036

Financials

$8.7M$7.8M2023$7.6M$7.9M2024
Revenue Expenses · by fiscal year end
Financials of US CHINA BUSINESS COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,567,214$7,863,305-$296,091$10,670,716$4,833,968$5,836,748
December 31, 2023990$8,702,874$7,786,219$916,655$10,067,521$3,936,013$6,131,508
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,075,548
Program service revenue
$6,140,544
Investment income
$338,319
Other revenue
$12,803

Expenses

Grants and similar amounts paid
$15,973
Compensation of officers, directors and key employees
$654,733
Other salaries and wages
$4,026,830
Salaries, compensation and benefits (total)
$5,415,420
Professional fundraising fees
$0
Legal fees
$93,644
Accounting fees
$44,198
Occupancy
$548,114
Travel
$219,052
Depreciation
$66,608

Balance sheet and other

Total assets, start of year
$10,067,521
Total assets, end of year
$10,670,716
Total liabilities, end of year
$4,833,968
Net assets, end of year
$5,836,748
Land, buildings and equipment
$154,258
Net assets without donor restrictions
$5,836,748
Gross receipts
$7,567,214
Employees
40
Volunteers
0
Year formed
1973
State of legal domicile
DC

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 / weekCompensationOther / benefits
CRAIG ALLENPRESIDENT (UNTIL 12/31/24)
Officer
40$527,374$44,912
DAVID THOMASSENIOR VICE PRESIDENT
Highest-paid employee
40$314,064$32,586
GLORIA GONZALEZ-MICKLINVP, PROGRAMS & STRATEGIC PARTNERSHIPS
Highest-paid employee
40$194,720$28,522
KAREN ELLIOTTVP, STRATEGIC COMMUNICATIONS & PUBLICATIONS
Highest-paid employee
40$193,460$26,577
NOAH FRASERSVP, CHINA OFFICES
Highest-paid employee
40$202,310$12,040
ANDREW BARRSENIOR DIRECTOR, FINANCE & ADMINISTRATION
Highest-paid employee
40$162,660$37,511
SEAN STEINPRESIDENT (FROM 11/4/24)
Officer
40$79,383$106
RAJESH SUBRAMANIAMCHAIR
Trustee or director, Officer
1$0$0
RYAN MCINERNEYVICE CHAIR
Trustee or director, Officer
1$0$0
GEOFF MARTHAVICE CHAIR
Trustee or director, Officer
1$0$0
CRISTIANO AMONVICE CHAIR
Trustee or director, Officer
1$0$0
MARC N CASPERVICE CHAIR
Trustee or director, Officer
1$0$0
DARIUS ADAMCZYKVICE CHAIR
Trustee or director
1$0$0
JENNIFER SCANLONSECRETARY-TREASURER
Trustee or director, Officer
1$0$0
ERIC EMERSONCOUNSEL
Trustee or director, Officer
1$0$0
44 more people on this return
NameTitleHours / weekCompensation
WILLIAM M BROWNDIRECTOR
Trustee or director
1$0
ROBERT FORDDIRECTOR
Trustee or director
1$0
SEIFI GHASEMIDIRECTOR
Trustee or director
1$0
R ADAM NORWITTDIRECTOR
Trustee or director
1$0
MILIND PANTDIRECTOR
Trustee or director
1$0
MICHAEL NELSONDIRECTOR
Trustee or director
1$0
JEFF WILLIAMSDIRECTOR
Trustee or director
1$0
DR BRENDAN J NELSON AODIRECTOR
Trustee or director
1$0
BRIAN SIKESDIRECTOR
Trustee or director
1$0
HARVEY SCHWARTZDIRECTOR
Trustee or director
1$0
JAMES UMPLEBYDIRECTOR
Trustee or director
1$0
EVAN G GREENBERGDIRECTOR
Trustee or director
1$0
JAMES QUINCEYDIRECTOR
Trustee or director
1$0
ERIC MUSSERDIRECTOR
Trustee or director
1$0
JIM FITTERLINGDIRECTOR
Trustee or director
1$0
LAL KARSANBHAIDIRECTOR
Trustee or director
1$0
AMIT SEVAKDIRECTOR
Trustee or director
1$0
JACK WILLIAMSDIRECTOR
Trustee or director
1$0
JANET TRUNCALEDIRECTOR
Trustee or director
1$0
DAVID E CONSTABLEDIRECTOR
Trustee or director
1$0
JOHN E WALDRONDIRECTOR
Trustee or director
1$0
KRISHNAN RAJAGOPALANDIRECTOR
Trustee or director
1$0
TOM MONAHANDIRECTOR
Trustee or director
1$0
LUCIAN BOLDEADIRECTOR
Trustee or director
1$0
MARY ERDOESDIRECTOR
Trustee or director
1$0
ROB GOLDSTEINDIRECTOR
Trustee or director
1$0
BOB STERNFELSDIRECTOR
Trustee or director
1$0
MICHEL KHALAFDIRECTOR
Trustee or director
1$0
SANJAY MEHROTRADIRECTOR
Trustee or director
1$0
JOHN DONAHOEDIRECTOR
Trustee or director
1$0
JON MOELLERDIRECTOR
Trustee or director
1$0
RAMON LAGUARTADIRECTOR
Trustee or director
1$0
DR ALBERT BOURLADIRECTOR
Trustee or director
1$0
LAXMAN NARASIMHANDIRECTOR
Trustee or director
1$0
TERRENCE CURTINDIRECTOR
Trustee or director
1$0
WILLIAM S COHENDIRECTOR
Trustee or director
1$0
ROBERTA LIPSONDIRECTOR
Trustee or director
1$0
DOUG MCMILLONDIRECTOR
Trustee or director
1$0
CRAIG BILLINGSDIRECTOR
Trustee or director
1$0
STANLEY A DEALDIRECTOR
Trustee or director
1$0
CARMINE DI SIBIODIRECTOR
Trustee or director
1$0
ANGELA HWANGDIRECTOR
Trustee or director
1$0
DEBORAH LEHRDIRECTOR
Trustee or director
1$0
MICHAEL F ROMANDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 47 people
NameTitleHours / weekCompensationOther / benefits
CRAIG ALLENPRESIDENT
Officer
40$393,928$42,051
WILLIAM DAVID THOMASSENIOR VICE PRESIDENT, DC OFFICE
Highest-paid employee
40$317,190$32,995
RORY MURPHYVICE PRESIDENT, GOVERNMENT AFFAIRS
Highest-paid employee
40$213,400$28,986
MATTHEW MARGULIESSENIOR VICE PRESIDENT, CHINA OFFICES
Highest-paid employee
40$212,695$26,966
GLORIA GONZALEZ-MICKLINVICE PRESIDENT, PROGRAMS
Highest-paid employee
40$197,500$28,646
ANDREW BARRSENIOR DIRECTOR, FINANCE & ADMINISTRATION
Highest-paid employee
40$159,000$36,712
CRAIG BILLINGSDIRECTOR
Trustee or director
1$0$0
WILLIAM S COHENDIRECTOR
Trustee or director
1$0$0
DAVID E CONSTABLEDIRECTOR
Trustee or director
1$0$0
TERRENCE R CURTINDIRECTOR
Trustee or director
1$0$0
STANLEY A DEALDIRECTOR
Trustee or director
1$0$0
CARMINE DI SIBIODIRECTOR
Trustee or director
1$0$0
JOHN DONAHOEDIRECTOR
Trustee or director
1$0$0
MARY CALLAHAN ERDOESDIRECTOR
Trustee or director
1$0$0
EVAN G GREENBERGDIRECTOR
Trustee or director
1$0$0
JIM FITTERLINGDIRECTOR
Trustee or director
1$0$0
ROBERT B FORDDIRECTOR
Trustee or director
1$0$0
SEIFI GHASEMIDIRECTOR
Trustee or director
1$0$0
ANGELA HWANGDIRECTOR
Trustee or director
1$0$0
LAL KARSANBHAIDIRECTOR
Trustee or director
1$0$0
MICHEL A KHALAFDIRECTOR
Trustee or director
1$0$0
RAMON LAGUARTADIRECTOR
Trustee or director
1$0$0
DEBORAH LEHRDIRECTOR
Trustee or director
1$0$0
ROBERTA LIPSONDIRECTOR
Trustee or director
1$0$0
GEOFF MARTHADIRECTOR
Trustee or director
1$0$0
RYAN MCINERNEYDIRECTOR
Trustee or director
1$0$0
DOUG MCMILLONDIRECTOR
Trustee or director
1$0$0
JON R MOELLERDIRECTOR
Trustee or director
1$0$0
ERIC S MUSSERDIRECTOR
Trustee or director
1$0$0
LAXMAN NARASIMHANDIRECTOR
Trustee or director
1$0$0
MILIND PANTDIRECTOR
Trustee or director
1$0$0
JAMES QUINCEYDIRECTOR
Trustee or director
1$0$0
KRISHNAN RAJAGOPALANDIRECTOR
Trustee or director
1$0$0
MICHAEL F ROMANDIRECTOR
Trustee or director
1$0$0
HARVEY M SCHWARTZDIRECTOR
Trustee or director
1$0$0
BRIAN SIKESDIRECTOR
Trustee or director
1$0$0
BOB STERNFELSDIRECTOR
Trustee or director
1$0$0
D JAMES UMPLEBY IIIDIRECTOR
Trustee or director
1$0$0
JOHN WALDRONDIRECTOR
Trustee or director
1$0$0
JEFF WILLIAMSDIRECTOR
Trustee or director
1$0$0
JACK P WILLIAMSDIRECTOR
Trustee or director
1$0$0
MARC N CASPERCHAIR
Trustee or director, Officer
1$0$0
DARIUS ADAMCZYKVICE CHAIR
Trustee or director, Officer
1$0$0
RAJESH SUBRAMANIAMVICE CHAIR
Trustee or director, Officer
1$0$0
CRISTIANO R AMONVICE CHAIR
Trustee or director, Officer
1$0$0
JENNIFER SCANLONSECRETARY-TREASURER
Trustee or director, Officer
1$0$0
ERIC C EMERSONCOUNSEL
Officer
1$0$0

Address and contacts

Address (IRS master file)
1818 N ST NW STE 200, WASHINGTON, DC 20036-2470
Principal officer (990 for 2024)
SEAN STEIN, 1818 N ST NW 200, WASHINGTON, DC 20036
Signed the 990
SEAN STEIN, PRESIDENT
Phone
(202) 429-0340
Return prepared by
LANE & COMPANY CPAS

Mission

THE UNITED STATES CHINA BUSINESS COUNCIL'S PRIMARY PURPOSE IS TO REPRESENT AMERICAN COMPANIES THAT DO BUSINESS IN CHINA AND EXPAND THE US-CHINA COMMERCIAL RELATIONSHIP TO THE BENEFIT OF ITS MEMBERSHIP AND THE US ECONOMY.

990 for the year ended December 31, 2024

Program accomplishments

  • USCBC'S SERVICES ENCOMPASS FOUR KEY AREAS: INFORMATION/RESEARCH--USCBC'S STAFF IN WASHINGTON, BEIJING, AND SHANGHAI PROVIDES RESEARCH AND ANALYSIS ON CRITICAL TOPICS OF BUSINESS CONCERN, AND ALSO RESPONDS TO MEMBER COMPANY REQUESTS ON NEARLY ANY CHINA-RELATED SUBJECT. ADVOCACY--USCBC HAS ADVOCATED FOR ITS MEMBER COMPANIES' INTERESTS IN BOTH THE US AND CHINA TO ADVANCE BUSINESS OPPORTUNITIES AND TO PROMOTE A STABLE AND EXPANDED US-CHINA COMMERCIAL RELATIONSHIP. PROGRAMS--USCBC'S PROGRAMS OFFER MEMBER FIRMS NUMEROUS OPPORTUNITIES TO ENGAGE WITH US AND PRC GOVERNMENT OFFICIALS, PRIVATE-SECTOR SPECIALISTS, AND FELLOW MEMBER FIRMS IN A VARIETY OF SETTINGS. COMMUNICATIONS & PUBLICATIONS--OUR PUBLICATIONS AND SPECIAL REPORTS PROVIDE THE US BUSINESS COMMUNITY WITH LEADING INFORMATION AND ANALYSIS ON CHINA'S TRADE AND INVESTMENT ENVIRONMENT. IN ADDITION, USCBC ENGAGES WITH MEDIA ORGANIZATIONS TO COMMUNICATE THE IMPORTANCE OF THE US-CHINA COMMERCIAL RELATIONSHIP.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7275160
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,670,716
Income (IRS master file)
$7,567,214

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,567,214$7,863,305$10,670,716XML
990December 2023$8,702,874$7,786,219$10,067,521XML
990December 2022$6,046,859$5,819,963$8,963,858IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 23-7275160).

Questions about US CHINA BUSINESS COUNCIL

What is the EIN of US CHINA BUSINESS COUNCIL?
The employer identification number (EIN) of US CHINA BUSINESS COUNCIL is 23-7275160.
Is US CHINA BUSINESS COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to US CHINA BUSINESS COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does US CHINA BUSINESS COUNCIL 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 US CHINA BUSINESS COUNCIL 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 US CHINA BUSINESS COUNCIL 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 US CHINA BUSINESS COUNCIL?
The 990 for the year ended December 31, 2024 names SEAN STEIN.
Who are the officers and directors of US CHINA BUSINESS COUNCIL?
The 990 for the year ended December 31, 2024 lists 59 people; 7 received compensation from the organization, the highest $527,374 (CRAIG ALLEN, PRESIDENT (UNTIL 12/31/24)).
How much revenue does US CHINA BUSINESS COUNCIL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,567,214, expenses of $7,863,305 and total assets of $10,670,716 at year end.

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