GERMAN AMERICAN CHAMBER OF COMMERCE OF THE MIDWEST INC

EIN: 362512921

CHICAGO, IL

Total Revenue
$13,077,859
Total Expenses
$12,788,872
Total Assets
$11,740,407
Net Assets
$2,840,950
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
IL
Principal Officer
MARK TOMKINS
Phone
3126442662
Tax Period
2025-01-01 to 2025-12-31

GERMAN AMERICAN CHAMBER OF COMMERCE OF THE MIDWEST INC, founded in 1963, is a mid-sized nonprofit that reported $13.1M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO FURTHER, PROMOTE, IMPROVE AND EXPAND TRADE BETWEEN GERMANY AND THE UNITED STATES OF AMERICA.

Program Service Accomplishments

Program 1

INFORMATIONAL SERVICES - PROVIDES ESTABLISHMENT OF CONTACT BETWEEN US AND GERMAN IMPORT/EXPORTERS, REFERRAL OF SUPPLY SOURCES & INFORMATION ON TARIFF, RATES & CUSTOMS

Program 2

MEETINGS - VARIOUS EVENTS WITH GERMAN & US SPEAKERS ON INTERNATIONAL TRADE, PROVIDES ENVIRONMENT FOR BUSINESS CONTACT AND INFORMATION EXCHANGE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,385,622
Program Service Revenue $11,084,881
Investment Income $10,590
Other Revenue $596,766
TOTAL REVENUE $13,077,859

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,321,584
Fundraising Expenses $0
Other Expenses $7,467,288
TOTAL EXPENSES $12,788,872

Year-over-Year Comparison

2025 2024 Change
Revenue $13,077,859 $11,976,177 +0.1%
Expenses $12,788,872 $12,221,250 +0.0%
Net Income $288,987 $-245,073 -2.2%
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
31
Independent Members
28
Employees
65
Volunteers
10

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
$684,126
Total Directors
31
$684,126
Key Employees
1
$171,362
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK TOMKINS PRESIDENT & 40.00
Officer Director
$352,825 $0 $352,825
MARIO KRATSCH VICE PRESIDE 40.00
Officer Director
$183,599 $0 $183,599
URSULA KLICKER CFO TREASURE 40.00
Officer Director
$147,702 $0 $147,702
UWE SCHOBERTH VICE CHAIRMA 1.00
Officer Director
$0 $0 $0
MATTHIAS AMBERG CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAVID NISSEN DIRECTOR 1.00
Director
$0 $0 $0
AMBASSADOR JD BINDENAGEL DIRECTOR 0.50
Director
$0 $0 $0
CHRISTIANE BOCK DIRECTOR 1.00
Director
$0 $0 $0
W DAVID BRAUN DIRECTOR 0.50
Director
$0 $0 $0
MARK DENZLER DIRECTOR 1.00
Director
$0 $0 $0
PETER RIEHLE DIRECTOR 1.00
Director
$0 $0 $0
STEFAN HEFFNER DIRECTOR 1.00
Director
$0 $0 $0
WES SABER DIRECTOR 1.00
Director
$0 $0 $0
MARKUS SCHYBOLL DIRECTOR 1.00
Director
$0 $0 $0
MARIO KAHLERT DIRECTOR 1.00
Director
$0 $0 $0
JACK PENNUTO DIRECTOR 1.00
Director
$0 $0 $0
KATJA GARVEY DIRECTOR 1.00
Director
$0 $0 $0
DR SUSANNE LEMAINE DIRECTOR 1.00
Director
$0 $0 $0
PHILIP LISSMANN DIRECTOR 1.00
Director
$0 $0 $0
MANUEL MERKT DIRECTOR 1.00
Director
$0 $0 $0
DIETER SCHMITZ DIRECTOR 1.00
Director
$0 $0 $0
TIMO REHBOCK DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL E RICHTER DIRECTOR 1.00
Director
$0 $0 $0
SARA O'HARE DIRECTOR 1.00
Director
$0 $0 $0
HENRIKKI PANTSAR DIRECTOR 1.00
Director
$0 $0 $0
BARBARA WITTMAN DIRECTOR 1.00
Director
$0 $0 $0
GEOFFREY SOMARY DIRECTOR 1.00
Director
$0 $0 $0
MARK ZUMDOHME DIRECTOR 1.00
Director
$0 $0 $0
MATT RISTOW DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE SCHULDERS DIRECTOR 1.00
Director
$0 $0 $0
JAMES SCHOLETT DIRECTOR 1.00
Director
$0 $0 $0
GERRIT AHLERS KEY EMPLOYEE 40.00
Key Emp
$171,362 $0 $171,362
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
2025 $13,077,859 $12,788,872 $11,740,407 $288,987
2024 No data No data No data No data
2023 $11,735,330 $12,306,739 $9,889,612 $-571,409
2022 $11,013,625 $10,732,817 $9,444,725 $280,808
2021 $9,672,106 $9,107,615 $9,537,423 $564,491
2020 $6,440,040 $6,950,562 $8,031,299 $-510,522
2019 $10,079,706 $9,696,297 $9,996,174 $383,409
2018 $9,345,880 $8,869,163 $5,425,700 $476,717
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