HELLENIC AMERICAN CHAMBER OF COMMERCE

EIN: 136400354

NEW YORK, NY

Total Revenue
$227,655
Total Expenses
$140,351
Total Assets
$167,552
Net Assets
$165,552
🔒

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
1947
Legal Domicile
NY
Principal Officer
CLAY MAITLAND
Phone
2126296380
Tax Period
2023-01-01 to 2023-12-31

HELLENIC AMERICAN CHAMBER OF COMMERCE, founded in 1947, is a small nonprofit that reported $228K in total revenue in fiscal year 2023. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 38% operating margin.

Mission

THE HELLENIC-AMERICAN CHAMBER OF COMMERCE WAS FORMED OVER 70 YEARS AGO FOR THE PURPOSE OF PROMOTING AND STRENGTHENING THE ECONOMIC AND CULTURAL TIES BETWEEN THE UNITED STATES OF AMERICA AND GREECE. THE FOUNDATION BRINGS TOGETHER MEMBERS OF THE GREEK COMMUNITY FOR BUSINESS, CULTURAL AND EDUCATIONAL MATTERS.

Program Service Accomplishments

Program 1

THE ORGANIZATION HAD THE FOLLOWING EVENTS IN 2023:VASILOPITA 2023 - JANUARY 23, 2023 IN-PERSON - SPEREHEADED BY THE HACC ALL GREEK AMERICAN ORGANIZATIONS (17) CAME TOGETHER AT THE CHIOTES HALL FOR A...

Read more

THE ORGANIZATION HAD THE FOLLOWING EVENTS IN 2023:VASILOPITA 2023 - JANUARY 23, 2023 IN-PERSON - SPEREHEADED BY THE HACC ALL GREEK AMERICAN ORGANIZATIONS (17) CAME TOGETHER AT THE CHIOTES HALL FOR A CELEBRATION OF THE NEW YEAR WITH THE TRADITIONAL CUTTING OF THE VASILOPITA (NEW YEAR BREAD).GREEK TOURISM FOR ALL SEASONS IN MANY FORMS AND SUNNY STUDY OPPORTUNITIES - JANUARY 28, 2023 - VIRTUAL - IN COOPERATION WITH ICC HELLAS AND THE GREEK NATIONAL TOURISM ORGANIZATION, GNTO. AN INFORMATIVE EVENT ON ALTERNATIVE FORMS OF TOURISM (RELIGIOUS, ATHLETIC, GASTRONOMY) WITH A SPECIAL PANEL ON YOUTH EDUCATIONAL PROGRAMS OFFERED BY PRIVATE AND PUBLIC INSTITUTIONS ON YOUTH EDUCATIONAL PROGRAMS OFFERED IN GREECE THAT COMBINE TOURISM AND EDUCATION.HELLENIC-AMERICAN CHAMBER OF COMMERCE AND NORWEGIAN-AMERICAN CHAMBER OF COMMERCE (HACC/NACC) 39TH ANNUAL SHIPPING CONFERENCE FEBRUARY 7, 2023, - IN-PERSON ANNUAL CONFERENCE WITH A SPECIFIC THEME OF IMPORTANCE TO THE GLOBAL MARITIME INDUSTRY WITH PANELS AND SPEAKERS DISCUSSING AND DEBATING ISSUES ON THE LATEST TRENDS AND DEVELOPMENTS IN COMMERCIAL SHIPPING.71ST ANNUAL PERSON OF THE YEAR DINNER DANCE HONORING DR. NIKOLAS P. TSAKOS MARCH 24TH - IN-PERSON - ANNUAL GALA HONORING A PERSON EVERY YEAR ON THEIR ACHIEVEMENTS HELD AT THE RAINBOW ROOM IN 2023.BOOK SIGNING EVENT WITH AUTHOR JOHN CATSIMATIDIS HOW FAR DO YOU WANT TO GO? - APRIL 6, 2023 - IN-PERSON - SPEARHEADED THE EVENT FOR ALL GREEK ORGANIZATIONS IN NEW YORK. THE EVENT HAD A PANEL DISCUSSION WITH ERNIE ANASTOS, WIFE MARGO CATSIMATIDIS, SENIOR VP EFTIHIA PYLARINOU-PIPER, AND JOHN CATSIMATIDIS HELD AT THE CHIOTES HALL. GREEK INDEPENDENCE DAY PARADE APRIL 14, 2023 IN-PERSON A JOINING OF ALL GREEK AMERICAN ORGANIZATIONS TO COMMEMORATE THE 202ND ANNIVERSARY OF THE GREEK WAR OF INDEPENDENCE.WHAT + WHO YOUNG INNOVATORS OF THE HACC - JUNE 6, 2023 IN-PERSON - A FORUM WITH NETWORKING AND SHORT DISCUSSIONS WITH EFTIHIA PYLARINOU-PIPER EVAN KOTSOVINOS, MODERATED BY PETROS PERSELIS OF GREEK TECH HELD WITH THE COOPERATION OF THE CONSULATE GENERAL OF GREECE IN NEW YORK AND AT THE CONSULATE GENERAL OF GREECE.BRAIN REGAIN-DECEMBER 11TH 2023 - IN-PERSON - CO-HOSTED AT THE 25TH ANNUAL CAPITAL LINK INVEST IN GREECE FORUM WITH CAPITAL LINK TOPIC OF THE PANEL OPPORTUNITIES THAT GREECE CAN OFFER TODAY REVERSING THE "BRAIN DRAIN" PANEL SPEAKERS FROM MICROSOFT, PFIZER, ENDEAVOR GREECE, ALPHA BANK, AND ATTIKON HOSPITAL WITH EXECUTIVE MEMBER EFTYHIA PYLARINOU PIPER MODERATING. CARTE BLANCHE PROJECT - DECEMBER 15, 2023 IN-PERSON - IN COOPERATION WITH THE CONSULATE GENERAL IN GREECE THE PROJECT SHOWCASES THE WORK OF ARTISTS FROM GREECE WHO LIVE AND/OR WORK IN NEW YORK. THIS IS AND INITIATIVE TO BOOST THEIR REPRESENTATION AND PRESENCE IN NYC BY HAVING BI-MONTHLY ART EXHIBITIONS HELD AT THE CONSULATE GENERAL OF GREECE IN NYC.

🔒

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 $0
Program Service Revenue $104,094
Investment Income $0
Other Revenue $123,561
TOTAL REVENUE $227,655

Expense Breakdown

Grants Paid $300
Salaries & Benefits $82,805
Fundraising Expenses $0
Other Expenses $57,246
TOTAL EXPENSES $140,351

Year-over-Year Comparison

2023 2022 Change
Revenue $227,655 $102,363 +1.2%
Expenses $140,351 $117,676 +0.2%
Net Income $87,304 $-15,313 -6.7%
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
27
Independent Members
27
Employees
1
Volunteers
28

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
7
$76,583
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARKOS DRAKOTOS CHAIRMAN 2.00
Officer Director
$0 $0 $0
CLAY MAITLAND PRESIDENT 2.00
Officer Director
$0 $0 $0
NICK KATSANOS EXECUTIVE VP 2.00
Officer Director
$0 $0 $0
PETER BAZOS VP 2.00
Officer Director
$0 $0 $0
HUMERA AHMED SECRETARY 2.00
Officer Director
$0 $0 $0
TODD JOHNSON TRASURER 2.00
Officer Director
$0 $0 $0
NANCY PAPAIOANNOU EXEC BOARD 2.00
Director
$0 $0 $0
EFTYHIA PYLARINOU- PIPER EXEC BOARD 2.00
Director
$0 $0 $0
GEORGE PIEROT EXEC BOARD 2.00
Director
$0 $0 $0
ANTONY CONTOMICHALOS DIRECTOR 1.00
Director
$0 $0 $0
ATHAS IOANNOU DIRECTOR 1.00
Director
$0 $0 $0
BRIAN P DEVINE DIRECTOR 1.00
Director
$0 $0 $0
DEMETRIOS DIAKOLIOS DIRECTOR 1.00
Director
$0 $0 $0
GREG CHASE DIRECTOR 1.00
Director
$0 $0 $0
GEORGE CONSTANTIN DIRECTOR 1.00
Director
$0 $0 $0
GEORGE ZAPANTIS DIRECTOR 1.00
Director
$0 $0 $0
HERCULES ARGYRIOU DIRECTOR 1.00
Director
$0 $0 $0
KLEON DIAMANTOPOULOS DIRECTOR 1.00
Director
$0 $0 $0
LAUREN WILGUS DIRECTOR 1.00
Director
$0 $0 $0
MARINA HADJIPATERAS DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS KOUTOMITIS DIRECTOR 1.00
Director
$0 $0 $0
OLGA BORNOZI DIRECTOR 1.00
Director
$0 $0 $0
SOLOMON ASSER DIRECTOR 1.00
Director
$0 $0 $0
TED PETRONE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL PSYLLOS DIRECTOR 1.00
Director
$0 $0 $0
TOULA LIVANOS DIRECTOR 1.00
Director
$0 $0 $0
JOHN PAPASPANOS DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDRA SPYROU MITSAKIS EXCUTIVE DIRECTOR 20.00
Officer
$76,583 $0 $76,583
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 $227,655 $140,351 $167,552 $87,304
2022 $102,363 $117,676 $78,248 $-15,313
2021 $212,147 $160,695 $101,391 $51,452
2020 $157,040 $152,277 $75,234 $4,763
2019 $47,003 $60,999 $78,984 $-13,996
2018 $12,351 $169,993 $77,823 $-157,642
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HELLENIC AMERICAN CHAMBER OF COMMERCE with other nonprofits in New York and across the country.