American Lithuanian Business Council
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/2013
- Data as of
- 06/2019
- EIN
- 46-2403200
Organization Overview
American Lithuanian Business Council is located in Washington, DC. The organization was established in 2013. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. American Lithuanian Business Council 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 06/2019, American Lithuanian Business Council generated $75.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $126.1k during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE COUNCIL ACCOMPLISHES THE AFOREMENTIONED BY THE FOLLOWING PROGRAMS:LITHUANIA BUSINESS MISSION: LED DELEGATION OF 8 COMPANIES TO VILNIUS, LITHUANIA TO MEET WITH LITHUANIAN AND US GOVERNMENT OFFICIALS TO DISCUSS AND PROMOTE THE US-LITHUANIA TRADE RELATIONSHIP.US-LITHUANIA DEFENSE FORUM: IN COOPERATION WITH THE LITHUANIAN MINISTRY OF DEFENSE, ORGANIZED A CONFERENCE AND INDIVIDUAL MEETINGS BETWEEN US DEFENSE COMPANIES, LITHUANIAN DEFENSE COMPANIES, AND GOVERNMENT OFFICIALS.NATIONAL DAY RECEPTION: SUPPORTED THE EMBASSY OF LITHUANIA'S CELEBRATION OF ITS NATIONAL DAY TO PROMOTE STRONGER US-LITHUANIA TIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Stewart President | 5 | $0 | |
Luke Myers Vice Preside | 2 | $0 | |
John Lazar Chair | 0.5 | $0 | |
Jeff Nelson Immediate Pa | 0.5 | $0 | |
David Talbot Treasurer | 0.5 | $0 | |
Missy Owens Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,000 |
| Membership dues | $59,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $42,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $84,080 |
| Total expenses | $126,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |