Civic Intelligence

Hellenic American Chamber of Commerce

EIN 13-6400354 • 501(c)6 • New York, NY

Profile

The hellenic-american chamber of commerce was formed over 70 years ago for the purpose of promoting and strengthening the economic and cultural ties between the united states of america and greece. The foundation brings together members of the greek community for business, cultural and educational matters.

Refreshing map…

140 East 56th Street 1DNew York, NY 10022

www.hellenicamerican.cc

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.11x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.05x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

5th percentile

-31%

Higher net margin than 5% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$90,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 41.8% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

7th percentile

-34%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-5.4%

Faster revenue growth than 24% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$109,973

Down $57,579 (-34%) from 2023

Liabilities

Up

$11,599

Up $9,599 (+480%) from 2023

Net Assets

Down

$98,374

Down $67,178 (-41%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin5th percentile

Revenue

Down

$215,276

Down $12,379 (-5.4%) from 2023

Expenses

Up

$282,705

Up $142,354 (+101%) from 2023

Net Income

Down

-$67,429

Down $154,733 (-177%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $570,077Liabilities 2010: $0Net Assets 2010: $570,0772010Assets 2011: $622,111Liabilities 2011: $6,437Net Assets 2011: $615,6742011Assets 2012: $638,499Liabilities 2012: $0Net Assets 2012: $638,4992012Assets 2013: $664,066Liabilities 2013: $15,460Net Assets 2013: $648,6062013Assets 2014: $648,601Liabilities 2014: $15,760Net Assets 2014: $632,8412014Assets 2015: $654,795Liabilities 2015: $108,315Net Assets 2015: $546,4802015Assets 2016: $369,595Liabilities 2016: $83,008Net Assets 2016: $286,5872016Assets 2017: $295,371Liabilities 2017: $85,950Net Assets 2017: $209,4212017Assets 2018: $77,823Liabilities 2018: $26,044Net Assets 2018: $51,7792018Assets 2019: $78,984Liabilities 2019: $41,201Net Assets 2019: $37,7832019Assets 2020: $75,234Liabilities 2020: $33,125Net Assets 2020: $42,1092020Assets 2021: $101,391Liabilities 2021: $7,830Net Assets 2021: $93,5612021Assets 2022: $78,248Liabilities 2022: $0Net Assets 2022: $78,2482022Assets 2023: $167,552Liabilities 2023: $2,000Net Assets 2023: $165,5522023Assets 2024: $109,973Liabilities 2024: $11,599Net Assets 2024: $98,3742024

Highlighted filing

2024

Assets$109,973
Liabilities$11,599
Net Assets$98,374
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200K-$400KExpenses 2010: $157,5622010Revenue 2011: $223,557Expenses 2011: $177,960Net Income 2011: $45,5972011Expenses 2012: $202,7262012Revenue 2013: $216,297Expenses 2013: $206,190Net Income 2013: $10,1072013Revenue 2014: $193,101Expenses 2014: $208,866Net Income 2014: -$15,7652014Revenue 2015: $341,001Expenses 2015: $427,362Net Income 2015: -$86,3612015Revenue 2016: $124,184Expenses 2016: $384,077Net Income 2016: -$259,8932016Revenue 2017: $186,424Expenses 2017: $263,590Net Income 2017: -$77,1662017Revenue 2018: $12,351Expenses 2018: $169,993Net Income 2018: -$157,6422018Revenue 2019: $47,003Expenses 2019: $60,999Net Income 2019: -$13,9962019Revenue 2020: $157,040Expenses 2020: $152,277Net Income 2020: $4,7632020Revenue 2021: $212,147Expenses 2021: $160,695Net Income 2021: $51,4522021Revenue 2022: $102,363Expenses 2022: $117,676Net Income 2022: -$15,3132022Revenue 2023: $227,655Expenses 2023: $140,351Net Income 2023: $87,3042023Revenue 2024: $215,276Expenses 2024: $282,705Net Income 2024: -$67,4292024

Highlighted filing

2024

Revenue$215,276
Expenses$282,705
Net Income-$67,429
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$109,973
Liabilities
$11,599
Net assets
$98,374
Revenue
$215,276
Expenses
$282,705
Net income
-$67,429
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.12$0.98$2.15$2.83$0.67
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.02$1.66$2.28$1.40$0.87
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$1.02$1.18$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.08$0.94$2.12$1.61$0.51
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.33$0.42$1.57$1.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.41$0.38$0.47$0.61$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.26$0.52$0.12$1.70$1.58
2017Detailed filing. Detailed filing data is available for this year.$2.95$0.86$2.09$1.86$2.64$0.77
2016Detailed filing. Detailed filing data is available for this year.$3.70$0.83$2.87$1.24$3.84$2.60
2015Detailed filing. Detailed filing data is available for this year.$6.55$1.08$5.46$3.41$4.27$0.86
2014Detailed filing. Detailed filing data is available for this year.$6.49$0.16$6.33$1.93$2.09$0.16
2013Detailed filing. Detailed filing data is available for this year.$6.64$0.15$6.49$2.16$2.06$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.38$0.00$6.38$2.03
2011Summary only. Only limited summary data is available for this year.$6.22$0.06$6.16$2.24$1.78$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$0.00$5.70$1.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.1
Gross Receipts
$563,199
Mission and Program Overview

Mission

To bring together members of the greek community for business and educational matters.

To promote and strengthen the economic and cultural ties between the u.s. And greece

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$165,552$98,374▼ $67,178
Accounts Receivable$35,434$92,222▲ $56,788
Cash and Non-Interest-Bearing Accounts$130,590$16,223▼ $114,367
Savings and Temporary Cash Investments$76$76→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$167,552$109,973▼ $57,579
Other Assets Total$1,452$1,452→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,000$11,599▲ $9,599
Other Liabilities$0$0→ $0
Total Liabilities$2,000$11,599▲ $9,599
Net Assets / Fund Balance
Total Net Assets Fund Balance$165,552$98,374▼ $67,178
Total Liabilities and Net Assets / Fund Balance$167,552$109,973▼ $57,579
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alexandra Spyrou MitsakisExecutive DirectorPT$90,000$90,000

Board Members and Trustees

NameTitle
Markos DrakotosChairman
Clay MaitlandPresident
Alexander ConstantinDirector
Antony ContomichalosDirector
Athas IoannouDirector
Brian P DevineDirector
Dan TadrosDirector
Demetrios DiakoliosDirector
George ConstantinDirector
George ZapantisDirector
Hercules ArgyriouDirector
John PapaspanosDirector
Kleon DiamantopoulosDirector
Marina HadjipaterasDirector
Matt ThomasDirector
Michael PsyllosDirector
Nicholas KoutomitisDirector
Olga BornoziDirector
Solomon AsserDirector
Sophia BrownDirector
Ted PetroneDirector
Toula LivanosDirector
Eftyhia Pylarinou- PiperExec Board
George PierotExec Board
Nancy PapaioannouExec Board
Nick KatsanosExecutive VP
Humera AhmedSecretary
Todd JohnsonTreasurer
Peter BazosVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$208,449
Investment Income
$0
Other Revenue
$6,827
Change in Net Assets
$-67,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,490
Salaries, Compensation, and Employee Benefits$96,215
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$90,000
Payroll Taxes---$6,215
Fees for Services Accounting---$5,154
Advertising---$4,582
Office Expenses---$2,519
Insurance---$2,200
Travel---$1,375
Other Expenses---$1,338
Information Technology---$826
Total Functional Expenses$0$0$0$282,705
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$354,750
Fundraising Direct Expenses$347,923
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Dance$354,750$354,750$347,923$6,827
Event 2-$0-$0
Total Events$354,750$354,750$347,923$6,827
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

“The chamber of commerce has members who pay annual dues.”

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“Members of the chamber of commerce vote by secret ballot to elect the board of directors.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The officers of the chamber of commerce review the form 990 before it is filed. The board of directors are able to review the form 990 at a board meeting.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The executive director's compensation was determined by the board of directors, based on information of similar positions at similarly sized organizations.”

Form 990, Part VI, Line 19 Required documents available to the public

“The organization makes its governing documents and management prepared financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Hellenic American Chamber of Commerce
EIN
13-6400354
Phone
2126296380
Address
140 East 56th Street 1D, New York, NY 10022

Signing Officer

Name
Eftyhia Pylarinou-piper
Title
President
Phone
2126296380
Signed
2025-10-27
Discuss with paid preparer
Yes

Organization Details

Formed
1947
Legal Domicile
Ny
Voting Board Members
29
Independent Board Members
29
Employees
1
Volunteers
29

Preparer

Firm
Forvis Mazars LLP
Address
60 Crossways Park Drive West Suite, 301, Woodbury, NY 11797-2003
Preparer
Tamar Plotzker
Phone
5164881200
Raw XML AppendixShowing 400 of 544 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0VASILOPITA 2024 - JANUARY 16, 2024, IN-PERSON - SPEARHEADED BY THE HACC, ALL GREEK AMERICAN ORGANIZATIONS (21) CAME TOGETHER AT THE CHIOTES HALL FOR A CELEBRATION OF THE NEW YEAR WITH THE TRADITIONAL CUTTING OF THE VASILOPITA (NEW YEAR BREAD) HELLENIC-AMERICAN CHAMBER OF COMMERCE AND NORWEGIAN-AMERICAN CHAMBER OF COMMERCE (HACC/NACC) 30TH ANNUAL SHIPPING CONFERENCE FEBRUARY 6, 2024 - IN-PERSON ARCHESTRATUS & DIONYSUS WINE & FOOD EVENT- FEBRUARY 28, 2024 - IN-PERSON - GUESTS ENJOYED AN EXCLUSIVE SANTORINI WINE PAIRING EVENT FEATURING PARIS SIGALAS OF DOMAINE SIGALAS AND OENO, ALONGSIDE MICHELIN-STARRED CHEF ALEXANDROS TSIOTINIS OF ATHENS. THE EVENING SHOWCASED EXPERTLY PAIRED WINES WITH A SIGNATURE MENU CELEBRATING THE RICH CULINARY TRADITIONS OF GREECE. CARTE BLANCHE PROJECT- FEBRUARY 29, 2024 - IN-PERSON -IN COOPERATION WITH THE CONSULATE GENERAL IN GREECE THE PROJECT SHOWCASES THE WORK OF ARTISTS FROM GREECE WHO LIVE AND/OR WORK IN NEW YORK. THIS IS AND INITIATIVE TO BOOST THEIR REPRESENTATION AND PRESENCE IN NYC BY HAVING BI-MONTHLY ART EXHIBITIONS HELD AT THE CONSULATE GENERAL OF GREECE IN NYC GREECE: ANOTHER VIEW OF ECONOMIC RECOVERY FWA PRE-CONFERENCE NEW YORK RECEPTION - APRIL 2, 2024 - IN-PERSON - THE CONSULATE GENERAL OF GREECE IN NEW YORK, IN COOPERATION WITH THE HELLENIC-AMERICAN CHAMBER OF COMMERCE, HOSTED A RECEPTION TO PROMOTE THE UPCOMING INTERNATIONAL BUSINESS CONFERENCE (IBC), ORGANIZED BY THE FINANCIAL WOMEN'S ASSOCIATION AND SCHEDULED TO TAKE PLACE IN ATHENS AND SANTORINI THIS MAY. GEN AI NYC - LEGAL AND BUSINESS ROUNDTABLE - APRIL 3, 2024 - IN-PERSON - A TWO-PANEL DISCUSSION EXPLORING THE PRACTICAL LEGAL PERSPECTIVE ON DEVELOPMENTS IN ARTIFICIAL INTELLIGENCE, ALONGSIDE A BUSINESS-FOCUSED PANEL HIGHLIGHTING SPECIFIC USE CASES AND PROJECTIONS FOR 2024. GREEK INDEPENDENCE DAY PARADE APRIL 14, 2024 - IN-PERSON A JOINING OF ALL GREEK AMERICAN ORGANIZATIONS TO COMMEMORATE THE 203RD ANNIVERSARY OF THE GREEK WAR OF INDEPENDENCE RE-BUILDING 3 REAL ESTATE AND CONSTRUCTION EVENT DEVELOPING IN CHALLENGING TIMES - APRIL 17, 2024 - IN-PERSON - RE-BUILDING 3 REAL ESTATE AND CONSTRUCTION EVENT DEVELOPING IN CHALLENGING TIMES AN INTIMATE DISCUSSION WITH THE FOUNDER AND PRESIDENT OF ALCHEMY PROPERTIES 72ND ANNUAL PERSON OF THE YEAR DINNER DANCE HONORING MR. GEORGE ECONOMOU - MAY 17, 2024 - IN-PERSON - ANNUAL GALA HONORING A PERSON EVERY YEAR ON THEIR ACHIEVEMENTS HELD AT CASA CIPRIANI PRIME MINISTER OF THE HELLENIC REPUBLIC RECEPTION - SEPTEMBER 24, 2024 - IN-PERSON - RECEPTION IN HONOR OF THE PRIME MINISTER OF GREECE, HOSTED BY ALL GREEK-AMERICAN ORGANIZATIONS IN NEW YORK, HELD AT ANASSA TAVERNA. WELCOME RECEPTION FOR THE NEW CONSULATE OF GREECE TO NEW YORK IFIGENIA KANARA - OCTOBER 30, 2024 - IN-PERSON - A WELCOME RECEPTION FOR THE NEWLY APPOINTED CONSUL GENERAL OF GREECE IN NEW YORK, MS. IFIGENIA KANARA, WAS SUCCESSFULLY HOSTED UNDER THE LEADERSHIP OF THE HELLENIC-AMERICAN CHAMBER OF COMMERCE, WITH THE PARTICIPATION OF 20 GREEK-AMERICAN ORGANIZATIONS, HELD AT KYMA FLATIRON ARCHESTRATUS & DIONYSUS WINE & FOOD EVENT TWO - NOVEMBER 6, 2024 - IN-PERSON - WINE PAIRING EVENT DISPLAYING THE FINEST GREECE HAS TO OFFER FROM CHEF AHINAGORAS PAIRED WITH THE WINES OF KARAMOLEGOS FROM SANTORINI WITH GREEK MUSIC BY KUTURA. ICONIC DINNER GREECE INDUCTION TO THE SECURITY COUNCIL OF THE UNITED NATIONS - NOVEMBER 7, 2024 - IN-PERSON - A DINNER HOSTED BY THE UN AMBASSADOR OF GREECE TO THE UN IN COOPERATION WITH THE HACC IN CELEBRATION OF THE INDUCTION OF GREECE TO THE SECURITY COUNCIL OF THE UN HELD AT THE RESIDENCE OF THE AMBASSADOR OF GREECE TO THE UN
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IRS990/MissionDesc0THE HELLENIC-AMERICAN CHAMBER OF COMMERCE WAS FORMED OVER 70 YEARS AGO FOR THE PURPOSE OF PROMOTING AND STRENGTHENING THE ECONOMIC AND CULTURAL TIES BETWEEN THE UNITED STATES OF AMERICA AND GREECE. THE FOUNDATION BRINGS TOGETHER MEMBERS OF THE GREEK COMMUNITY FOR BUSINESS, CULTURAL AND EDUCATIONAL MATTERS.
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