Hellenic-American Chamber Of Commerce is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hellenic-American Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Hellenic-American Chamber Of Commerce generated $227.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $140.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND STRENGTHEN THE ECONOMIC AND CULTURAL TIES BETWEEN THE U.S. AND GREECE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAD THE FOLLOWING EVENTS IN 2023:VASILOPITA 2023 - JANUARY 23, 2023 IN-PERSON - SPEREHEADED BY THE HACC ALL GREEK AMERICAN ORGANIZATIONS (17) CAME TOGETHER AT THE CHIOTES HALL FOR A CELEBRATION OF THE NEW YEAR WITH THE TRADITIONAL CUTTING OF THE VASILOPITA (NEW YEAR BREAD).GREEK TOURISM FOR ALL SEASONS IN MANY FORMS AND SUNNY STUDY OPPORTUNITIES - JANUARY 28, 2023 - VIRTUAL - IN COOPERATION WITH ICC HELLAS AND THE GREEK NATIONAL TOURISM ORGANIZATION, GNTO. AN INFORMATIVE EVENT ON ALTERNATIVE FORMS OF TOURISM (RELIGIOUS, ATHLETIC, GASTRONOMY) WITH A SPECIAL PANEL ON YOUTH EDUCATIONAL PROGRAMS OFFERED BY PRIVATE AND PUBLIC INSTITUTIONS ON YOUTH EDUCATIONAL PROGRAMS OFFERED IN GREECE THAT COMBINE TOURISM AND EDUCATION.HELLENIC-AMERICAN CHAMBER OF COMMERCE AND NORWEGIAN-AMERICAN CHAMBER OF COMMERCE (HACC/NACC) 39TH ANNUAL SHIPPING CONFERENCE FEBRUARY 7, 2023, - IN-PERSON ANNUAL CONFERENCE WITH A SPECIFIC THEME OF IMPORTANCE TO THE GLOBAL MARITIME INDUSTRY WITH PANELS AND SPEAKERS DISCUSSING AND DEBATING ISSUES ON THE LATEST TRENDS AND DEVELOPMENTS IN COMMERCIAL SHIPPING.71ST ANNUAL PERSON OF THE YEAR DINNER DANCE HONORING DR. NIKOLAS P. TSAKOS MARCH 24TH - IN-PERSON - ANNUAL GALA HONORING A PERSON EVERY YEAR ON THEIR ACHIEVEMENTS HELD AT THE RAINBOW ROOM IN 2023.BOOK SIGNING EVENT WITH AUTHOR JOHN CATSIMATIDIS HOW FAR DO YOU WANT TO GO? - APRIL 6, 2023 - IN-PERSON - SPEARHEADED THE EVENT FOR ALL GREEK ORGANIZATIONS IN NEW YORK. THE EVENT HAD A PANEL DISCUSSION WITH ERNIE ANASTOS, WIFE MARGO CATSIMATIDIS, SENIOR VP EFTIHIA PYLARINOU-PIPER, AND JOHN CATSIMATIDIS HELD AT THE CHIOTES HALL. GREEK INDEPENDENCE DAY PARADE APRIL 14, 2023 IN-PERSON A JOINING OF ALL GREEK AMERICAN ORGANIZATIONS TO COMMEMORATE THE 202ND ANNIVERSARY OF THE GREEK WAR OF INDEPENDENCE.WHAT + WHO YOUNG INNOVATORS OF THE HACC - JUNE 6, 2023 IN-PERSON - A FORUM WITH NETWORKING AND SHORT DISCUSSIONS WITH EFTIHIA PYLARINOU-PIPER EVAN KOTSOVINOS, MODERATED BY PETROS PERSELIS OF GREEK TECH HELD WITH THE COOPERATION OF THE CONSULATE GENERAL OF GREECE IN NEW YORK AND AT THE CONSULATE GENERAL OF GREECE.BRAIN REGAIN-DECEMBER 11TH 2023 - IN-PERSON - CO-HOSTED AT THE 25TH ANNUAL CAPITAL LINK INVEST IN GREECE FORUM WITH CAPITAL LINK TOPIC OF THE PANEL OPPORTUNITIES THAT GREECE CAN OFFER TODAY REVERSING THE "BRAIN DRAIN" PANEL SPEAKERS FROM MICROSOFT, PFIZER, ENDEAVOR GREECE, ALPHA BANK, AND ATTIKON HOSPITAL WITH EXECUTIVE MEMBER EFTYHIA PYLARINOU PIPER MODERATING. CARTE BLANCHE PROJECT - DECEMBER 15, 2023 IN-PERSON - IN COOPERATION WITH THE CONSULATE GENERAL IN GREECE THE PROJECT SHOWCASES THE WORK OF ARTISTS FROM GREECE WHO LIVE AND/OR WORK IN NEW YORK. THIS IS AND INITIATIVE TO BOOST THEIR REPRESENTATION AND PRESENCE IN NYC BY HAVING BI-MONTHLY ART EXHIBITIONS HELD AT THE CONSULATE GENERAL OF GREECE IN NYC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Markos Drakotos Chairman | OfficerTrustee | 2 | $0 |
Clay Maitland President | OfficerTrustee | 2 | $0 |
Nick Katsanos Executive VP | OfficerTrustee | 2 | $0 |
Peter Bazos VP | OfficerTrustee | 2 | $0 |
Humera Ahmed Secretary | OfficerTrustee | 2 | $0 |
Todd Johnson Trasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $104,094 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $123,561 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $227,655 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $300 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $76,583 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,222 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,019 |
Office expenses | $4,012 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,345 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,801 |
All other expenses | $0 |
Total functional expenses | $140,351 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $130,590 |
Savings and temporary cash investments | $76 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,434 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,452 |
Total assets | $167,552 |
Accounts payable and accrued expenses | $2,000 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,000 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $165,552 |
Total liabilities and net assets/fund balances | $167,552 |