AMERICAN INDONESIAN CHAMBER OF COMMERCE INC

EIN: 135554848

New York, NY

Total Revenue
$148,025
Total Expenses
$144,648
Total Assets
$21,852
Net Assets
$21,852
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
NY
Principal Officer
Wayne Forrest
Phone
2126874505
Tax Period
2018-01-01 to 2018-12-31

AMERICAN INDONESIAN CHAMBER OF COMMERCE INC, founded in 1949, is a small nonprofit that reported $148K in total revenue in fiscal year 2018. Revenue fell 38% from the prior year — a significant decline worth monitoring.

Mission

Support private sector trade and investment between the United States and Indonesia. AICC holds public and private meetings to review economic trends, government policies, and other key issues of importance to companies. The organization supports the principles of free as well as fair trade, the rule of law, and ethical business practices. AICC helps US companies navigate the complex Indonesian business environment through its extensive network of government and private sector leaders and provides translation, counseling, and research services to its members.

Program Service Accomplishments

Program 1

The organization held 12 important events for its members and the public at large including the first ever US Indonesia Women's CEO Summit.

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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 (2018)

Revenue Breakdown

Contributions & Grants $147,319
Program Service Revenue $0
Investment Income $88
Other Revenue $618
TOTAL REVENUE $148,025

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,023
Fundraising Expenses $0
Program Expenses $0
Other Expenses $49,625
TOTAL EXPENSES $144,648

Year-over-Year Comparison

2018 2017 Change
Revenue $148,025 $239,418 -0.4%
Expenses $144,648 $238,762 -0.4%
Net Income $3,377 $656 +4.1%
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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Governance

Voting Members
16
Independent Members
N/A
Employees
1
Volunteers
N/A

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
4
$82,480
Total Directors
0
$0
Key Employees
1
$82,480
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cameron Hume Chairman 0
Officer
$0 $0 $0
Andrew Odell Vice Chairman and Secretary 0
Officer
$0 $0 $0
Wayne Forrest President 40
Officer Key Emp Highest
$82,480 $0 $82,480
Irshad Vaziralli Treasurer 0
Officer
$0 $0 $0
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
2018 $148,025 $144,648 $21,852 $3,377
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