French American Chamber Of Commerce
- Assets
- $76.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Redmond, WA
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 91-1392220
Organization Overview
French American Chamber Of Commerce is located in Redmond, WA. The organization was established in 1996. 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. As of 12/2021, French American Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French 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 12/2021, French American Chamber Of Commerce generated $34.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $16.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION IS A BI-NATIONAL NON-PROFIT ORGANIZATION THAT FOSTERS THE DEVELOPMENT AND IMPROVEMENT OF ECONOMIC, COMMERCIAL AND FINANCIAL RELATIONS BETWEEN COMPANIES AND INDIVIDUALS OF FRANCE AND THE PACIFIC NORTHWEST OF THE USA.
Describe the Organization's Program Activity:
Part 3
TRADE SERVICES: THE FRENCH-AMERICAN CHAMBER OF COMMERCE (FACC) PROVIDES ASSISTANCE AND ADMINISTRATIVE SUPPORT TO FRENCH COMPANIES SEEKING TO INVEST IN OR GAIN KNOWLEDGE OF THE PACIFIC NORTHWEST. SIMILARLY IT HELPS AMERICAN BUSINESSES CONNECT WITH SOME OF THE MOST VIGOROUS FRENCH COMPANIES AND CLUSTERS. IN 2019, IT ORGANIZED A TRADE MISSION IN FRANCE AND SEVERAL TRADE MISSIONS IN SEATTLE. IT ALSO PROVIDED A LISTING OF THE FRENCH COMPANIES IN THE PACIFIC NORTHWEST FOR US COMPANIES TO NETWORK.
THE FRENCH-AMERICAN CHAMBER OF COMMERCE OF THE PACIFIC NORTHWEST HOSTED THE ANNUAL BEAUJOLAIS NOUVEAU WINE FESTIVAL AT THE PRESTIGIOUS COLUMBIA TOWER CLUB IN SEATTLE ON FRIDAY, NOVEMBER 22, 2019 AND ANOTHER ONE IN PORTLAND, OR ON THE SAME EVENING. THE EVENT'S MISSION WAS TO PROMOTE AND FACILITATE BUSINESS OPPORTUNITIES BETWEEN FRENCH AND AMERICAN COMPANIES. ONE OF ITS GOALS WAS TO HELP FRENCH COMPANIES DURING THE PROCESS OF SETTING UP THEIR BUSINESSES AND GETTING THE RIGHT CONTACTS TO SUCCEED IN THE LOCAL BUSINESS ENVIRONMENT. IN ADDITION TO TRADE SERVICES, FACC REGULARLY ORGANIZED EVENTS WHICH ENABLED FRANCOPHILES FROM THE AREA TO HAVE AN INSIGHT INTO FRANCE "CHEZ EUX", THROUGH SOCIAL AND CULTURAL GATHERINGS AS WELL AS NETWORKING EVENTS.
THE THIRD PROGRAM SERVICES INCLUDED HOSTING A FEW EDUCATIONAL SEMINARS, ORGANIZING SEVERAL COMMITTEES ON STARTUP AND TECH COMPANIES, HOLDING THE START UP WEEK MEETING AND AN ANNUAL BREAKFAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julien Hervet President | 1 | $0 | |
Francois Guerzeder Executive Vice President | 1 | $0 | |
Linda Witt Vice President | 1 | $0 | |
Delphine Lemarchand Treasurer | 2 | $0 | |
Kathleen Marie Brunner Secretary | 1 | $0 | |
Julien Acis Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,922 |
| Total Program Service Revenue | $7,755 |
| Membership dues | $2,850 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,533 |
| 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 | $2,200 |
| Occupancy, rent, utilities, and maintenance | $1,251 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $12,894 |
| Total expenses | $16,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,142 |
| Other assets | $0 |
| Total assets | $76,604 |
| Total liabilities | $4,925 |
| Net assets or fund balances | $71,679 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |
Western Energy Institute Portland, OR | $4,801,520 | $4,393,865 |
Merchant Risk Council Inc Seattle, WA | $6,892,922 | $3,889,563 |