SPAIN - US CHAMBER OF COMMERCE

EIN: 131915958 International Affairs

NEW YORK, NY

Total Revenue
$1,209,421
Total Expenses
$1,028,192
Total Assets
$2,105,882
Net Assets
$1,864,842
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NY
Principal Officer
GEMMA P CORTIJO
Phone
2129672170
Tax Period
2023-01-01 to 2023-12-31

SPAIN - US CHAMBER OF COMMERCE, founded in 1959, is a community nonprofit in the International Affairs sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 15% surplus.

Mission

TO FOSTER TRADE BETWEEN UNITED STATES AND SPANISH BUSINESS ENTERPRISES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $335,285
Program Service Revenue $472,520
Investment Income $45,492
Other Revenue $356,124
TOTAL REVENUE $1,209,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $600,465
Fundraising Expenses $0
Other Expenses $427,727
TOTAL EXPENSES $1,028,192

Year-over-Year Comparison

2023 2022 Change
Revenue $1,209,421 $979,315 +0.2%
Expenses $1,028,192 $908,854 +0.1%
Net Income $181,229 $70,461 +1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
41
Independent Members
41
Employees
8
Volunteers
41

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$250,319
Total Directors
41
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCO ANTONIO ACHON TUNON PRESIDENT 1.00
Officer Director
$0 $0 $0
CARLA ARIMONT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MIGUEL GONZALEZ FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVEN KAHANER SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN ALFONSO TREASURER 1.00
Officer Director
$0 $0 $0
IGNACIO ABIA DIRECTOR 1.00
Director
$0 $0 $0
GABRIEL ALONSO DIRECTOR 1.00
Director
$0 $0 $0
ALFONSO ALVAREZ PALLETE DIRECTOR 1.00
Director
$0 $0 $0
LUIS AMIGO DIRECTOR 1.00
Director
$0 $0 $0
CLAUDIA ARIAS DIRECTOR 1.00
Director
$0 $0 $0
ANTONIO BAENA DIRECTOR 1.00
Director
$0 $0 $0
MIGUEL CALATAYUD DIRECTOR 1.00
Director
$0 $0 $0
RAUL CARMONA DIRECTOR 1.00
Director
$0 $0 $0
JORGE CASTRILLON DIRECTOR 1.00
Director
$0 $0 $0
DIEGO CRASNY DIRECTOR 1.00
Director
$0 $0 $0
BRIAN C DUNNING DIRECTOR 1.00
Director
$0 $0 $0
JAIME ECHANOVE DIRECTOR 1.00
Director
$0 $0 $0
GUILLERMO EGUIDAZO DIRECTOR 1.00
Director
$0 $0 $0
CARLA FRANGONI DIRECTOR 1.00
Director
$0 $0 $0
SONIA GARCIA ROMERO DIRECTOR 1.00
Director
$0 $0 $0
JESSICA GASOL DIRECTOR 1.00
Director
$0 $0 $0
GEORGE Y GONZALEZ DIRECTOR 1.00
Director
$0 $0 $0
JOSE RAMON GONZALEZ DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO GONZALEZ LALUEZA DIRECTOR 1.00
Director
$0 $0 $0
JUAN GORRITI DIRECTOR 1.00
Director
$0 $0 $0
DANIEL ILUNDAIN DIRECTOR 1.00
Director
$0 $0 $0
CARLOS JIMENEZ AGUIRRE DIRECTOR 1.00
Director
$0 $0 $0
MAURICI LLADO DIRECTOR 1.00
Director
$0 $0 $0
MARIO LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
JORGE LOYO DIRECTOR 1.00
Director
$0 $0 $0
GUILLERMO MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
JOSE ANTONIO MORAN DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH PEREZ DIRECTOR 1.00
Director
$0 $0 $0
PEDRO PIRES DIRECTOR 1.00
Director
$0 $0 $0
MIGUEL ANGEL PRADO DIRECTOR 1.00
Director
$0 $0 $0
FERDINANDO RIGARDO DIRECTOR 1.00
Director
$0 $0 $0
XAVIER RUIZ DIRECTOR 1.00
Director
$0 $0 $0
MIGUEL SAGARNA DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
MARK SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
IVAN TORNOS DIRECTOR 1.00
Director
$0 $0 $0
GEMMA CORTIJO EXECUTIVE DIRECTOR 50.00
Officer
$242,417 $7,902 $250,319
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,209,421 $1,028,192 $2,105,882 $181,229
2022 $979,315 $908,854 $2,094,026 $70,461
2021 $940,227 $731,801 $1,794,423 $208,426
2020 $505,583 $695,441 $1,560,405 $-189,858
2019 $1,335,827 $1,166,304 $1,897,036 $169,523
2018 $994,740 $912,811 $1,684,461 $81,929
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