Skip to main content

Nonprofit · EIN 76-0609781

INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON

Tax-exempt · HOUSTON, TX 77056

Financials

$530K$485K2023$553K$538K2024
Revenue Expenses · by fiscal year end
Financials of INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$552,932$538,471$14,461$589,309$84$589,225
December 31, 2023990$530,168$485,361$44,807$574,848$84$574,764
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$437,900
Membership dues
$8,250
Program service revenue
$86,561
Investment income
$28,471
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$146,265
Salaries, compensation and benefits (total)
$190,488
Professional fundraising fees
$0
Accounting fees
$9,574
Travel
$4,213
Program services (functional)
$97,944
Management and general (functional)
$246,286
Fundraising (functional)
$194,241

Balance sheet and other

Total assets, start of year
$574,848
Total assets, end of year
$589,309
Total liabilities, end of year
$84
Net assets, end of year
$589,225
Gross receipts
$552,932
Employees
3
Volunteers
40
Year formed
1999
State of legal domicile
TX

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 / weekCompensation
RAJIV BHAVSARPresident
Trustee or director, Officer
10$0
SANJAY RAMBHADRANDirector
Trustee or director
2$0
ASHOK GARGSecretary
Trustee or director, Officer
4$0
TARUSH ANANDPast President
Trustee or director, Officer
4$0
JOYA SHUKLADirector
Trustee or director
1$0
KAREN FRANCISDIRECTOR
Trustee or director
1$0
JAGDIP AHLUWALIAEXECUTIVE DIRECTOR
Trustee or director, Officer
40$0
SWAPAN DHAIRYAWANDirector
Trustee or director
5$0
Malisha PatelDIRECTOR
Trustee or director
2$0
ALLEN RICHARDSDirector
Trustee or director
1$0
Adiam TekesteDirector
Trustee or director
2$0
Subodh BhucharDirector
Trustee or director
2$0
Rimple MashruwalaTreasurer
Trustee or director, Officer
4$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
ALLEN RICHARDSDirector
Trustee or director
1$0
KAREN FRANCISDIRECTOR
Trustee or director
1$0
Malisha PatelDIRECTOR
Trustee or director
2$0
SWAPAN DHAIRYAWANDirector
Trustee or director
5$0
JOYA SHUKLADirector
Trustee or director
1$0
SANJAY RAMBHADRANDirector
Trustee or director
4$0
Subodh BhucharDirector
Trustee or director
2$0
Adiam TekesteDirector
Trustee or director
2$0
Rimple MashruwalaTreasurer
Trustee or director, Officer
4$0
ASHOK GARGSecretary
Trustee or director, Officer
4$0
RAJIV BHAVSARPresident
Trustee or director, Officer
10$0
JAGDIP AHLUWALIAEXECUTIVE DIRECTOR
Trustee or director, Officer
40$0
TARUSH ANANDPast President
Trustee or director, Officer
4$0

Address and contacts

Address (IRS master file)
1 RIVERWAY, HOUSTON, TX 77056-1920
In care of
% R BHAVSAR
Signed the 990
R BHAVSAR, PRESIDENT
Phone
(713) 624-7131
Return prepared by
MD & Associates LLP

Mission

INCREASING TRADE AND SERVICES BETWEEN USA & INDIA. ALSO TO ENHANCE TRADE WITHIN THE GREATER HOUSTON AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • These were the annual events which were held during the year during SHELL Distinguished Lecture Series. The Womens Lecture Series sponsor was Shell. Other Outreach events included SBA Loan funding,financing updates by SBA Director in Houston, The Woodlands. American Tax Laws as applicable to NRIs was also held. Mentoring circle events continue. NexGen program continues. Business for Medicine talk series continues with IDA partnership. Power Dialogs on bipartisanship platform continue. New event Generational Business Transition started to get insight into business transfer. Open Forum Radio talk show commenced with 1 hour every month featuring a Chamber member.
    Expenses $97,944

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
76-0609781
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$589,309
Income (IRS master file)
$552,932

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$552,932$538,471$589,309XML
990December 2023$530,168$485,361$574,848XML
990December 2022$422,505$445,503$530,041IRS
990December 2021–––IRS
990December 2020–––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 76-0609781).

Questions about INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON

What is the EIN of INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON?
The employer identification number (EIN) of INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON is 76-0609781.
Is INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
Are donations to INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON 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 INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON 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 INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does INDO-AMERICAN CHAMBER OF COMMERCE OF GREATER HOUSTON have?
On its 990 for the year ended December 31, 2024 it reported revenue of $552,932, expenses of $538,471 and total assets of $589,309 at year end.

Other nonprofits in HOUSTON

All nonprofits in HOUSTON · Texas · Community improvement and capacity building