French-American Chamber of Commerc… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

Vincent RAMBAUX

Phone

7739746540

Tax Period

2023-01-01 to 2023-12-31

French-American Chamber of Commerce Chicago, founded in 1978, is a small nonprofit that reported $173K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $152K left a modest 12% surplus.

Mission

TO DRIVE AND PROMOTE COMMERCIAL EXCHANGES BETWEEN FRANCE AND THE UNITED STATES/CHICAGOLAND

Program Service Accomplishments

Program 1

Expenses: $13,972 Revenue: $14,321

Other events IMPROVING AND FACILITATING BUSINESS CONDITIONS FOR FRENCH COMPANIES DOING BUSINESS IN THE US AND US COMPANIES DOING BUSINESS IN FRANCE. DEVELOPING THE FOLLOWING SUPPORT ACTIVITIES FOR...

Other events IMPROVING AND FACILITATING BUSINESS CONDITIONS FOR FRENCH COMPANIES DOING BUSINESS IN THE US AND US COMPANIES DOING BUSINESS IN FRANCE. DEVELOPING THE FOLLOWING SUPPORT ACTIVITIES FOR NEW FRENCH-AMERICAN SME BUSINESSSES IN CHICAGO : RELOCATION AND PROFESSIONAL TOURISM MISSIONS, TAILORED B2B AGENDAS, BUSINESS REFERRALS, INCUBATOR PROGRAM, VIRTUAL HOSTING, TALENT MANAGEMENT PROGRAM.

Program 2

Expenses: $11,888 Revenue: $6,370

Passport to France : Wine Festival - This annual event ocurs in November For the Purpose of promoting the French Culture. It also promotes social and business relationships in the state of Illinois.

Program 3

Expenses: $43,687 Revenue: $75,035

Event Nuit des Etoiles/Gala : This annual event ocurs in May For the Purpose of gathering the members and friends of the French Chamber of Commerce. It also promotes social and business relationships...

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $98,143

Program Service Revenue $0

Investment Income $0

Other Revenue $74,943

TOTAL REVENUE $173,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,276

Fundraising Expenses $0

Program Expenses $69,547

Other Expenses $91,106

TOTAL EXPENSES $152,382

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,086	$257,788	-0.3%
Expenses	$152,382	$316,614	-0.5%
Net Income	$20,704	$-58,826	-1.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anne Pansard	PRESIDENT	1.00	Officer Director	$0	$0	$0
BastiaanVan Den Berg	DIRECTOR	1.00	Director	$0	$0	$0
Blandine Dutilloy	DIRECTOR	1.00	Director	$0	$0	$0
Brooke Kerendian	DIRECTOR	1.00	Director	$0	$0	$0
Habib Moudachirou	SECRETARY	1.00	Director	$0	$0	$0
Hugues Retif	DIRECTOR	1.00	Director	$0	$0	$0
Khadija Laurens	DIRECTOR	1.00	Director	$0	$0	$0
Marc Fally	DIRECTOR	1.00	Director	$0	$0	$0
Mariam Huss	PRESIDENT	1.00	Director	$0	$0	$0
Michel Rochard	DIRECTOR	1.00	Director	$0	$0	$0
Michel Thenin	DIRECTOR	1.00	Director	$0	$0	$0
Nicolas Dubois	DIRECTOR	1.00	Director	$0	$0	$0
Nicolas Poulain	DIRECTOR	1.00	Director	$0	$0	$0
Olivier Stip	DIRECTOR	1.00	Director	$0	$0	$0
Philippe Carlier	DIRECTOR	1.00	Director	$0	$0	$0
Raphael Salmi	DIRECTOR	1.00	Director	$0	$0	$0
Savanna Bordui	DIRECTOR	1.00	Director	$0	$0	$0
Simon Bourneuf	DIRECTOR	1.00	Director	$0	$0	$0
Thomas Gueguen	DIRECTOR	1.00	Director	$0	$0	$0
Tom Thorelli	DIRECTOR	1.00	Director	$0	$0	$0
Veronique MacDonald	DIRECTOR	1.00	Director	$0	$0	$0
Vincent Rambaux	TREASURER	1.00	Officer Director	$0	$0	$0
Yves-Marie Brillant	DIRECTOR	1.00	Officer Director	$0	$0	$0
Brett August	DIRECTOR	1.00	Officer Director	$0	$0	$0
rench Consul Yannick Tagand	DIRECTOR	1.00	Director	$0	$0	$0
Chair of CCE Myriam Le Cannellier	DIRECTOR	1.00	Director	$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
2024	No data	No data	No data	No data
2023	$173,086	$152,382	$53,083	$20,704
2022	$257,788	$316,614	$22,786	$-58,826
2021	$169,736	$177,860	$75,982	$-8,124
2020	$233,781	$267,793	$86,727	$-34,012
2019	$219,585	$305,256	$81,138	$-85,671
2018	$236,723	$310,449	$165,041	$-73,726

French-American Chamber of Commerce Chicago