UNITED STATES-AZERBAIJAN CHAMBER OF COMMERCE INC

EIN: 521949493

Washington, DC

Total Revenue
$176,689
Total Expenses
$252,689
Total Assets
$674,542
Net Assets
$385,964
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
DC
Principal Officer
NATIG BAKHISHOV
Phone
2023338702
Tax Period
2023-01-01 to 2023-12-31

UNITED STATES-AZERBAIJAN CHAMBER OF COMMERCE INC, founded in 1995, is a small nonprofit that reported $177K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 43% operating deficit.

Mission

SINCE ITS INCEPTION IN 1995, THE UNITED STATES - AZERBAIJAN CHAMBER OF COMMERCE (USACC) HAS BEEN A VITAL SOURCE FOR AMERICAN COMPANIES TRYING TO ESTABLISH BUSINESS TIES WITH AZERBAIJAN. MEMBERS ARE FROM ALL

Program Service Accomplishments

Program 1

THROUGHOUT 2023, USACC ORGANIZED ROUNDTABLE DISCUSSIONS AND WEB CONFERENCES ON COMMERCIAL AND BUSINESS TIES BETWEEN THE UNITED STATES AND AZERBAIJAN. USACC PROMOTED TRADE RELATIONS IN AGRICULTURE...

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THROUGHOUT 2023, USACC ORGANIZED ROUNDTABLE DISCUSSIONS AND WEB CONFERENCES ON COMMERCIAL AND BUSINESS TIES BETWEEN THE UNITED STATES AND AZERBAIJAN. USACC PROMOTED TRADE RELATIONS IN AGRICULTURE, TECHNOLOGY AND GREEN TRANSITION.

Program 2

IN 2023, USACC CONTINUED ACTIVELY PROMOTING COMMERCIAL, EDUCATIONAL AND SOCIAL LINKAGES BETWEEN THE UNITED STATES AND AZERBAIJAN. USACC ORGANIZED CONFERENCES ON COMMERCIAL AFFAIRS AND CONTRIBUTED TO...

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IN 2023, USACC CONTINUED ACTIVELY PROMOTING COMMERCIAL, EDUCATIONAL AND SOCIAL LINKAGES BETWEEN THE UNITED STATES AND AZERBAIJAN. USACC ORGANIZED CONFERENCES ON COMMERCIAL AFFAIRS AND CONTRIBUTED TO DIASPORA ENGAGEMENT IN TRADE RELATIONS BETWEEN THE TWO COUNTRIES.

Program 3

IN 2023, USACC HOSTED A CONFERENCE DEDICATED TO GREEN TECHNOLOGIES IN AIR CARGO TRANSPORTATION. THE CONFERENCE FEATURED GOVERNMENT OFFICIALS AND MAJOR AMERICAN MANUFACTURERS. USACC'S "COMMUNITY...

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IN 2023, USACC HOSTED A CONFERENCE DEDICATED TO GREEN TECHNOLOGIES IN AIR CARGO TRANSPORTATION. THE CONFERENCE FEATURED GOVERNMENT OFFICIALS AND MAJOR AMERICAN MANUFACTURERS. USACC'S "COMMUNITY NEXUS: EXPLORING THE ROLE OF AZERBAIJANI DIASPORA IN ENHANCING BILATERAL TIES" CONFERENCE BROUGHT TOGETHER PROMINENT AZERBAIJANI AMERICAN COMMUNITY MEMBERS. USACC, JOINTLY WITH USAID PRIVATE SECTOR ACTIVITY PROJECT LAUNCHED A DEDICATED E-COMMERCE PLATFORM FOR AZERBAIJANI HANDMADE RUGS WOVEN BY RURAL WOMEN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $135,868
Program Service Revenue $40,821
Investment Income $0
Other Revenue $0
TOTAL REVENUE $176,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,460
Fundraising Expenses $0
Other Expenses $174,229
TOTAL EXPENSES $252,689

Year-over-Year Comparison

2023 2022 Change
Revenue $176,689 $319,471 -0.4%
Expenses $252,689 $184,391 +0.4%
Net Income $-76,000 $135,080 -1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
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
1
$72,500
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REZA VAZIRI CHAIRMAN 0.200
Director
$0 $0 $0
SHAPOOR ANSARI BOARD MEMBER 0.200
Director
$0 $0 $0
BRYAN LOPP BOARD MEMBER 0.200
Director
$0 $0 $0
ROBERT SCHER BOARD MEMBER 0.200
Director
$0 $0 $0
FARHAD AZIMA BOARD MEMBER 0.200
Director
$0 $0 $0
NATIG BAKHISHOV EXECUTIVE DIRECTOR 40.00
Officer
$72,500 $0 $72,500
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 $176,689 $252,689 $674,542 $-76,000
2022 $319,471 $184,391 $786,407 $135,080
2021 $291,074 $216,846 $892,042 $74,228
2020 $152,897 $193,442 $902,999 $-40,545
2019 $249,434 $240,243 $897,184 $9,191
2018 $172,417 $147,167 $894,727 $25,250
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