FRENCH AMERICAN CHAMBER OF COMMERCE

EIN: 911392220

Redmond, WA

Total Revenue
$352,365
Total Expenses
$352,921
Total Assets
$101,544
Net Assets
$55,018
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Financial Vulnerability Assessment (Tuckman-Chang)

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Organization Details

Formation Year
1980
Legal Domicile
WA
Principal Officer
Eric Beaulieu
Phone
2064434703
Tax Period
2019-01-01 to 2019-12-31

FRENCH AMERICAN CHAMBER OF COMMERCE, founded in 1980, is a small nonprofit that reported $352K in total revenue in fiscal year 2019.

Mission

This organization is a bi-national non-profit organization that fosters the development and improvement of economic, commercial and financial relations between companies and individuals of France and the Pacific Northwest of the United States.

Program Service Accomplishments

Program 1
Expenses: $104,892 Revenue: $182,362

TRADE SERVICES: The French-American Chamber of Commerce (FACC) provides assistance and administrative support to French companies seeking to invest in or gain knowledge of the Pacific Northwest...

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TRADE SERVICES: The French-American Chamber of Commerce (FACC) provides assistance and administrative support to French companies seeking to invest in or gain knowledge of the Pacific Northwest. Similarly it helps American businesses connect with some of the most vigorous French companies and clusters. In 2019, it organized a trade mission in France and several trade missions in Seattle. It also provided a listing of the French companies in the Pacific Northwest for US companies to network.

Program 2
Expenses: $63,337 Revenue: $113,954

The French-American Chamber of Commerce of the Pacific Northwest hosted the Annual Beaujolais Nouveau Wine Festival at the prestigious Columbia Tower Club in Seattle on Friday, November 22, 2019 and...

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The French-American Chamber of Commerce of the Pacific Northwest hosted the Annual Beaujolais Nouveau Wine Festival at the prestigious Columbia Tower Club in Seattle on Friday, November 22, 2019 and another one in Portland, OR on the same evening. The event's mission was to promote and facilitate business opportunities between French and American companies. One of its goals was to help French companies during the process of setting up their businesses and getting the right contacts to succeed in the local business environment. In addition to trade services, FACC regularly organized events which enabled Francophiles from the area to have an insight into France "chez eux", through social and cultural gatherings as well as networking events.

Program 3
Expenses: $2,642 Revenue: $13,524

The third program services included hosting a few educational seminars, organizing several committees on startup and tech companies, holding the start up week meeting and an annual breakfast.

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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 (2019)

Revenue Breakdown

Contributions & Grants $42,525
Program Service Revenue $309,840
Investment Income $0
Other Revenue $0
TOTAL REVENUE $352,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,237
Fundraising Expenses $0
Program Expenses $170,871
Other Expenses $238,684
TOTAL EXPENSES $352,921

Year-over-Year Comparison

2019 2018 Change
Revenue $352,365 $345,858 +0.0%
Expenses $352,921 $318,377 +0.1%
Net Income $-556 $27,481 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
25
Employees
4
Volunteers
3

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
$76,309
Total Directors
23
$76,309
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jack A Cowan Executive Director 40
Officer Director
$54,930 $0 $54,930
Eric M Beaulieu Deputy Director 20
Officer Director
$21,379 $0 $21,379
Julien Hervet President 1
Officer Director
$0 $0 $0
Jean-Michel Hillion Executive Vice President 1
Officer Director
$0 $0 $0
Linda Witt Vice President 1
Officer Director
$0 $0 $0
Aymeric Prieur Treasurer 1
Officer Director
$0 $0 $0
Kathleen Marie Brunner Secretary 1
Officer Director
$0 $0 $0
Julien Acis Board Member 1
Director
$0 $0 $0
Michael Bangue-Tandet Board Member 1
Director
$0 $0 $0
Lea Benitah-Bouchard Board Member 1
Director
$0 $0 $0
Jacques Boiroux Board Member 1
Director
$0 $0 $0
Andrew Clark Board Member 1
Director
$0 $0 $0
Alain Durand Board Member 1
Director
$0 $0 $0
Digna Faber Board Member 1
Director
$0 $0 $0
Jean-Francois Heitz Board Member 1
Director
$0 $0 $0
Virginia Joplin Board Member 1
Director
$0 $0 $0
Jennifer Mace Board Member 1
Director
$0 $0 $0
Alex Oh Board Member 1
Director
$0 $0 $0
Ben Orillon Board Member 1
Director
$0 $0 $0
Louis Scott De Martinville Board Member 1
Director
$0 $0 $0
Vahe Torossian Board Member 1
Director
$0 $0 $0
Jean-Pierre Ustal Board Member 1
Director
$0 $0 $0
Erik Wambre Board Member 1
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
2019 $352,365 $352,921 $101,544 $-556
2018 $345,858 $318,377 $80,117 $27,481
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