FRENCH-AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NEW YORK CHAPTER

EIN: 133376234

NEW YORK, NY

Total Revenue
$2,584,943
Total Expenses
$2,364,397
Total Assets
$9,562,519
Net Assets
$9,072,362
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NY
Principal Officer
PIERRE-MARIE LAGNAUD
Phone
2128670123
Tax Period
2023-01-01 to 2023-12-31

FRENCH-AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NEW YORK CHAPTER, founded in 1986, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.4M left a modest 9% surplus.

Mission

TO IMPROVE AND FOSTER TRADE AND BUSINESS RELATIONS BETWEEN FRANCE AND THE UNITED STATES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $403,343
Program Service Revenue $1,906,102
Investment Income $271,896
Other Revenue $3,602
TOTAL REVENUE $2,584,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,489,587
Fundraising Expenses $0
Other Expenses $874,810
TOTAL EXPENSES $2,364,397

Year-over-Year Comparison

2023 2022 Change
Revenue $2,584,943 $2,322,549 +0.1%
Expenses $2,364,397 $1,889,513 +0.3%
Net Income $220,546 $433,036 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
25
Independent Members
25
Employees
19
Volunteers
71

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
$162,099
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC SOMNOLET PRESIDENT 10.00
Officer Director
$0 $0 $0
ELSA BERRY CO-CHAIR 1.00
Officer Director
$0 $0 $0
STEPHEN L DREYFUS EXECUTIVE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PIERRE-MARIE LAGNAUD TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL ELKIN SECRETARY 1.00
Officer Director
$0 $0 $0
ADRIANNA AGBO DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BUFFET DIRECTOR 1.00
Director
$0 $0 $0
FRACOIS CHATEAU DIRECTOR 1.00
Director
$0 $0 $0
ARIANE DAGUIN DIRECTOR 1.00
Director
$0 $0 $0
JEAN-FRANCOIS DE VALDIVIA DIRECTOR 1.00
Director
$0 $0 $0
YONI ELAMLEM DIRECTOR 1.00
Director
$0 $0 $0
DOAA FAHNY DIRECTOR 1.00
Director
$0 $0 $0
PHILIPPE FAU DIRECTOR 1.00
Director
$0 $0 $0
VIKAS KHANDELWAL DIRECTOR 1.00
Director
$0 $0 $0
KARIN LESTELLE DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ANDREW MASSAT DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE MESSAS DIRECTOR 1.00
Director
$0 $0 $0
ANNE-MARIE MOTTE DIRECTOR 1.00
Director
$0 $0 $0
CARLOS PEREZ DIRECTOR 1.00
Director
$0 $0 $0
SKIP RANKIN DIRECTOR 1.00
Director
$0 $0 $0
JEAN ROSANVALLON DIRECTOR 1.00
Director
$0 $0 $0
THAIS RODA DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH VANDERHEYDEN DIRECTOR 1.00
Director
$0 $0 $0
GUIDO VAN HAUWERMEIREN DIRECTOR 1.00
Director
$0 $0 $0
POLINA BOGDANOVITCH MANAGING DIRECTOR 40.00
Officer
$150,000 $12,099 $162,099
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 $2,584,943 $2,364,397 $9,562,519 $220,546
2022 $2,322,549 $1,889,513 $8,591,165 $433,036
2021 $1,410,181 $1,424,482 $9,384,169 $-14,301
2020 $1,509,768 $2,603,011 $9,339,804 $-1,093,243
2019 $3,027,806 $3,001,100 $9,887,539 $26,706
2018 $2,987,659 $2,358,372 $8,821,760 $629,287
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRENCH-AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NEW YORK CHAPTER with other nonprofits in New York and across the country.