AMERICAN CHAMBER OF COMMERCE IN POLAND

EIN: 980118849 Community Improvement

SPRINGFIELD, IL

Total Revenue
$1,322,538
Total Expenses
$1,098,811
Total Assets
$1,377,298
Net Assets
$1,377,298
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IL
Principal Officer
TONY HOUSH
Phone
3026365400
Tax Period
2023-01-01 to 2023-12-31

AMERICAN CHAMBER OF COMMERCE IN POLAND, founded in 1990, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $224K, a strong 17% operating margin.

Mission

THE AMERICAN CHAMBER OF COMMERCE IN POLAND SEEKS TO BE THE LEADING VOICE FOR INTERNATIONAL INVESTORS IN POLAND, REPRESENTING ITS MEMBER COMPANIES, THE INVESTOR COMMUNITY AT LARGE AND DEMONSTRATING THE POSITIVE ROLE THAT BUSINESS AND COMMERCE PLAY IN THE DEVELOPMENT OF THE COUNTRY AND SOCIETY.

Program Service Accomplishments

Program 1

AMCHAM DINER IS A SUCCESSFUL BRAND OF THE AMERICAN CHAMBER OF COMMERCE IN POLAND AND OUR MEMBER COMPANIES. WE ARE PRESENT AT THE LARGEST ECONOMIC EVENTS IN POLAND, FOR EXAMPLE EUROPEAN ECONOMIC...

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AMCHAM DINER IS A SUCCESSFUL BRAND OF THE AMERICAN CHAMBER OF COMMERCE IN POLAND AND OUR MEMBER COMPANIES. WE ARE PRESENT AT THE LARGEST ECONOMIC EVENTS IN POLAND, FOR EXAMPLE EUROPEAN ECONOMIC CONGRESS IN KATOWICE, IMPACT IN POZNA? AND ECONOMIC FORUM IN KARPACZ. AMCHAM DINER IS THE GREAT PLACE FOR MEETINGS AND DISCUSSIONS, OPEN TO ALL EVENTS PARTICIPANTS. THE AMCHAM DINER SERVES TO MARK THE ROLE AND IMPORTANCE OF AMERICAN INVESTMENT IN POLAND AND IS A VENUE FOR DISCUSSING IMPORTANT TOPICS IN TRADE, ECONOMICS, INVESTMENT, AND MOST IMPORTANT ISSUES IN THE POLISH AMERICAN RELATIONS. THIS PROJECT HAS THE LARGEST SCOPE IN TERMS OF TOPICS COVERED AND IN THE DIALOGUE BETWEEN BUSINESS AND GOVERNMENT.

Program 2

AMCHAM SECURITY DAY - IT WAS THE ONE-DAY CONFERENCE ON CYBER SECURITY, ENERGY SECURITY, NATIONAL AND REGIONAL SECURITY, AND INTELLECTUAL PROPERTY SECURITY. THIS ISSUE WAS ADDRESSING IN THIS EVENT...

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AMCHAM SECURITY DAY - IT WAS THE ONE-DAY CONFERENCE ON CYBER SECURITY, ENERGY SECURITY, NATIONAL AND REGIONAL SECURITY, AND INTELLECTUAL PROPERTY SECURITY. THIS ISSUE WAS ADDRESSING IN THIS EVENT, ENTITLED "STRONGER TOGETHER FOR NEW CHALLENGES", THE EVENT BROUGHT TOGETHER WARSAW SECURITY EXPERTS AND PRACTITIONERS IN ALL BUSINESS-RELATED FIELDS, FROM AMCHAM MEMBER COMPANIES. "STRONGER TOGETHER" IS A PHRASE PEOPLE USE WHEN REFERRING TO NATIONAL SECURITY, BUT IT IS ALSO ABOUT CAUSE AND PURPOSE OF THE PRIVATE SECTOR.

Program 3

THE AMCHAM PHARMACEUTICAL COMMITTEE IS A PLATFORM ASSOCIATING KEY COMPANIES IN THE PHARMACEUTICAL MARKET IN POLAND. ITS PURPOSE IS A DIALOGUE AIMED AT THE DEVELOPMENT OF THE CONDITIONS OF THE...

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THE AMCHAM PHARMACEUTICAL COMMITTEE IS A PLATFORM ASSOCIATING KEY COMPANIES IN THE PHARMACEUTICAL MARKET IN POLAND. ITS PURPOSE IS A DIALOGUE AIMED AT THE DEVELOPMENT OF THE CONDITIONS OF THE BUSINESS ENVIRONMENT AND INVESTMENTS IN THE PHARMACEUTICAL INDUSTRY FOCUSED ON THE PATIENT'S WELFARE, REGULATORY STABILITY AND PREDICTABILITY OF BUSINESS OPERATIONS BY INCREASING TRANSPARENCY IN THE LEGISLATIVE PROCESS AND DECISIONS MADE IN CONSULTATION WITH PUBLIC PARTNERS. IN 2023, THE PHARMACEUTICAL COMMITTEE CONTINUED TO ACHIEVE ITS GOALS BY ORGANIZING MEETINGS, ORGANIZING CONFERENCES AND MEETINGS WITH THE PUBLIC SECTOR, COOPERATING WITH OTHER ENTITIES FROM THE INDUSTRY, PREPARING POSITION PAPERS FOR PUBLIC CONSULTATIONS OF LEGAL ACTS, AND ISSUING REPORTS SUCH AS THE "HEALTHY LEGISLATION 4.0" REPORT ANALYZING THE QUALITY OF LAW- MAKING IN THE AREA OF HEALTH PROTECTION.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,250,482
Investment Income $2
Other Revenue $72,054
TOTAL REVENUE $1,322,538

Expense Breakdown

Grants Paid $1,000,355
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $98,456
TOTAL EXPENSES $1,098,811

Year-over-Year Comparison

2023 2022 Change
Revenue $1,322,538 $1,166,085 +0.1%
Expenses $1,098,811 $1,023,562 +0.1%
Net Income $223,727 $142,523 +0.6%
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
11
Independent Members
11
Employees
N/A
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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY HOUSH CHAIRMAN 8.00
Director
$0 $0 $0
JOLANTA JAWORSKA TREASURY 2.00
Director
$0 $0 $0
JOHN LYNCH VICE-CHAIR 2.00
Officer Director
$0 $0 $0
DAVID DEBENEDETTI SECRETARY 2.00
Director
$0 $0 $0
ELZBIETA CZETWERTYNSKA DIRECTOR 1.00
Officer Director
$0 $0 $0
BARTOSZ CIOLKOWSKI SECRETARY 2.00
Director
$0 $0 $0
DOROTA DABROWSKA-WINTERSCHEID DIRECTOR 1.00
Director
$0 $0 $0
AGNIESZKA JANKOWSKA DIRECTOR 1.00
Director
$0 $0 $0
RADOSLAW KASKIEWICZ DIRECTOR 1.00
Director
$0 $0 $0
MARTA POSLAD DIRECTOR 1.00
Director
$0 $0 $0
MALGORZATA SKONIECZNA 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 $1,322,538 $1,098,811 $1,377,298 $223,727
2022 $1,166,085 $1,023,562 $1,222,092 $142,523
2021 $1,047,625 $850,588 $1,185,265 $197,037
2020 $1,013,217 $604,102 $1,024,877 $409,115
2019 $1,167,904 $1,010,751 $853,820 $157,153
2018 $774,148 $521,889 $701,658 $252,259
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