GLOBAL BUSINESS ALLIANCE INC

EIN: 133218529

WASHINGTON, DC

Total Revenue
$7,376,487
Total Expenses
$6,875,693
Total Assets
$8,043,823
Net Assets
$2,727,108
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
DE
Principal Officer
NANCY MCLERNON
Phone
2026591903
Tax Period
2023-01-01 to 2023-12-31

GLOBAL BUSINESS ALLIANCE INC, founded in 1984, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $6.9M left a modest 7% surplus.

Mission

THE GLOBAL BUSINESS ALLIANCE (GBA) IS THE BUSINESS ASSOCIATION THAT ADVOCATES FOR AN OPEN ECONOMY ON ISSUES UNIQUELY IMPACTING AMERICA'S INBOUND BUSINESS COMMUNITY. REPRESENTING NEARLY 200 GLOBALLY RECOGNIZED BRANDS ACROSS EVERY SECTOR OF THE U.S. ECONOMY, GBA HARNESSES THE POWER OF THE INBOUND BUSINESS COMMUNITY TO IMPROVE AMERICA'S POLITICAL AND POLICY ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $4,894,945 Revenue: $7,278,573

GBA IS THE ONLY TRADE ASSOCIATION UNIQUELY REPRESENTING INTERNATIONAL COMPANIES DOING BUSINESS IN THE UNITED STATES ACROSS A WIDE VARIETY OF INDUSTRIES FROM COUNTRIES ALL OVER THE WORLD. GBA WORKS TO...

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GBA IS THE ONLY TRADE ASSOCIATION UNIQUELY REPRESENTING INTERNATIONAL COMPANIES DOING BUSINESS IN THE UNITED STATES ACROSS A WIDE VARIETY OF INDUSTRIES FROM COUNTRIES ALL OVER THE WORLD. GBA WORKS TO EDUCATE POLICYMAKERS AND THE PUBLIC ON THE BENEFITS INTERNATIONAL COMPANIES BRING TO THE U.S. ECONOMY, WORKFORCE & COMMUNITES. GBA'S MISSION IS TO PROMOTE AND DEFEND AN OPEN ECONOMY THAT WELCOMES INTERNATIONAL COMPANIES TO INVEST IN AMERICA.

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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 $0
Program Service Revenue $7,278,573
Investment Income $76,552
Other Revenue $21,362
TOTAL REVENUE $7,376,487

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,541,913
Fundraising Expenses $654,423
Program Expenses $4,894,945
Other Expenses $3,333,780
TOTAL EXPENSES $6,875,693

Year-over-Year Comparison

2023 2022 Change
Revenue $7,376,487 $6,804,433 +0.1%
Expenses $6,875,693 $6,354,443 +0.1%
Net Income $500,794 $449,990 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
30
Independent Members
29
Employees
28
Volunteers
29

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
5
$1,008,632
Total Directors
30
$1,008,632
Key Employees
1
$407,827
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY MCLERNON PRESIDENT & CEO 40.00
Officer Director
$938,839 $69,793 $1,008,632
TONY O'DONNELL CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
STEPHEN CICCONE CHAIRMAN EMERITUS 1.00
Officer Director
$0 $0 $0
HUGH WELSH VICE CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
PAUL HOOGSTEDEN TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
JEFF WERNER CHAIR, GOVERNMENT AFFAIRS COMMITTEE 1.00
Director
$0 $0 $0
DEIRDRE MANNA CHAIR, POLITICAL AFFAIRS COMMITTEE 1.00
Director
$0 $0 $0
KEVIN SHERFEY CHAIR, TAX COMMITTEE 1.00
Director
$0 $0 $0
MOLLY FOGARTY MEMBER AT LARGE 1.00
Director
$0 $0 $0
ER ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
BRENT BOMBACH BOARD MEMBER 1.00
Director
$0 $0 $0
COLLEEN BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
PETER CLEVELAND BOARD MEMBER 1.00
Director
$0 $0 $0
NEESHA DAS BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNA FOUST BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER HOLLINGSWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
PETER LEFKIN BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG MCCORMICK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MISSO BOARD MEMBER 1.00
Director
$0 $0 $0
MISTI RICE BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY ROSELLINI BOARD MEMBER 1.00
Director
$0 $0 $0
HOWARD SACAROB BOARD MEMBER 1.00
Director
$0 $0 $0
BRIE SACHSE BOARD MEMBER 1.00
Director
$0 $0 $0
TOM SCARPACI BOARD MEMBER 1.00
Director
$0 $0 $0
ANNA SCHNEIDER BOARD MEMBER 1.00
Director
$0 $0 $0
R SCOTT SLIFKA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
OMEKIA SNIDER BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH TONG BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT WILES BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN SAMFORD EXECUTIVE VICE PRESIDENT 40.00
Key Emp
$353,794 $54,033 $407,827
AARON TAYLOR SENIOR DIRECTOR, TAX & TRADE 40.00
Highest
$233,058 $53,553 $286,611
ALEXANDER MANNING DIRECTOR, NATIONAL SECURITY & COMPETITIVENESS 40.00
Highest
$211,200 $44,955 $256,155
MEREDITH BEESON SENIOR DIRECTOR, STATE GOVERNMENT AFFAIRS 40.00
Highest
$185,511 $25,725 $211,236
CHRISTINA SALU VICE PRESIDENT MEMBERSHIP 40.00
Highest
$155,480 $13,520 $169,000
MATTHEW JACKSON DIRECTOR, GOVERNMENT AFFAIRS 40.00
Highest
$134,481 $16,752 $151,233
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 $7,376,487 $6,875,693 $8,043,823 $500,794
2022 $6,804,433 $6,354,443 $8,593,093 $449,990
2021 $4,773,411 $5,336,142 $5,059,817 $-562,731
2020 $4,239,575 $4,419,255 $4,818,726 $-179,680
2019 $5,758,024 $5,722,716 $4,890,918 $35,308
2018 $5,356,510 $5,342,386 $4,247,520 $14,124
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