Civic Intelligence

Us China Business Council

EIN 23-7275160 • 501(c)6 • Washington, DC

Profile

The united states china business councils primary purpose is to represent american companies that do business in china and expand the us-china commercial relationship to the benefit of its membership and the us economy.

1818 N St NW 200Washington, DC 20036

www.uschina.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.45x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.64x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

22nd percentile

-3.9%

Higher net margin than 22% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$572,286

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

52nd percentile

6.0%

Faster asset growth than 52% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-13%

Faster revenue growth than 9% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,670,716

Up $603,195 (+6.0%) from 2023

Liabilities

Up

$4,833,968

Up $897,955 (+23%) from 2023

Net Assets

Down

$5,836,748

Down $294,760 (-4.8%) from 2023

Revenue

Down

$7,567,214

Down $1,135,660 (-13%) from 2023

Expenses

Up

$7,863,305

Up $77,086 (+1.0%) from 2023

Net Income

Down

-$296,091

Down $1,212,746 (-132%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2019: $5,074,934Liabilities 2019: $1,752,465Net Assets 2019: $3,322,4692019Assets 2020: $7,794,240Liabilities 2020: $3,661,632Net Assets 2020: $4,132,6082020Assets 2021: $8,553,714Liabilities 2021: $3,564,554Net Assets 2021: $4,989,1602021Assets 2022: $8,963,858Liabilities 2022: $3,748,385Net Assets 2022: $5,215,4732022Assets 2023: $10,067,521Liabilities 2023: $3,936,013Net Assets 2023: $6,131,5082023Assets 2024: $10,670,716Liabilities 2024: $4,833,968Net Assets 2024: $5,836,7482024

Highlighted filing

2024

Assets$10,670,716
Liabilities$4,833,968
Net Assets$5,836,748

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2019: $4,809,724Expenses 2019: $4,228,137Net Income 2019: $581,5872019Revenue 2020: $5,010,498Expenses 2020: $4,200,703Net Income 2020: $809,7952020Revenue 2021: $5,557,622Expenses 2021: $4,693,958Net Income 2021: $863,6642021Revenue 2022: $6,046,859Expenses 2022: $5,819,963Net Income 2022: $226,8962022Revenue 2023: $8,702,874Expenses 2023: $7,786,219Net Income 2023: $916,6552023Revenue 2024: $7,567,214Expenses 2024: $7,863,305Net Income 2024: -$296,0912024

Highlighted filing

2024

Revenue$7,567,214
Expenses$7,863,305
Net Income-$296,091

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$7,567,214
Mission and Program Overview

Mission

The united states china business council's primary purpose is to assist firms entering into business relations with china and to serve the interests and needs of firms with well established commercial relationships with china.

The united states china business council's primary purpose is to represent american companies that do business in china and expand the us-china commercial relationship to the benefit of its membership and the us economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,586,498$6,938,239▼ $648,259
Accounts Receivable$735,892$531,406▼ $204,486
Cash and Non-Interest-Bearing Accounts$507,616$472,416▼ $35,200
Intangible Assets-$314,326-
Prepaid Expenses and Deferred Charges$131,180$193,168▲ $61,988
Land, Buildings, and Equipment, Net$186,481$154,258▼ $32,223
Total Assets$10,067,521$10,670,716▲ $603,195
Other Assets Total$919,854$2,066,903▲ $1,147,049
Liabilities
Deferred Revenue$2,041,880$2,374,998▲ $333,118
Other Liabilities$1,001,146$2,082,334▲ $1,081,188
Accounts Payable and Accrued Expenses$892,987$376,636▼ $516,351
Total Liabilities$3,936,013$4,833,968▲ $897,955
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,131,508$5,836,748▼ $294,760
Total Net Assets Fund Balance$6,131,508$5,836,748▼ $294,760
Total Liabilities and Net Assets / Fund Balance$10,067,521$10,670,716▲ $603,195

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$136,963$416,971$553,934
Leasehold Improvements$17,295$23,227$40,522
Other Assets Org$130,738--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig AllenPresident (until 12/31/24)FT$427,932$144,354$572,286
David ThomasSenior Vice PresidentFT$279,557$67,093$346,650
Gloria Gonzalez-micklinVP, Programs & Strategic PartnershipsFT$194,720$28,522$223,242
Gloria Gonzalez-micklinVP, Programs & Strategic Partnership-$173,000$50,242$223,242
Karen ElliottVP, Strategic Communications & PublicationsFT$193,460$26,577$220,037
Karen ElliottVP, Strategic Communications & Publi-$175,000$45,037$220,037
Noah FraserSVP, China OfficesFT$173,810$40,540$214,350
Andrew BarrSenior Director, Finance & AdministrationFT$162,660$37,511$200,171
Andrew BarrSenior Director, Finance & Administr-$147,000$53,171$200,171
Sean SteinPresident (from 11/4/24)FT$79,383$106$79,489

Highest Paid Contractors

ContractorServicesLocationCompensation
Teal MediaBranding & Web Development2810 ELLICOTT ST NW, Washington, DC 20008$318,535
Akin Gump Strauss Hauer & Feld LLPLobbying Services2001 K ST NW, Washington, DC 20006$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,075,548
Program Service Revenue
$6,140,544
Investment Income
$338,319
Other Revenue
$12,803
All Other Contributions
$1,075,548
Change in Net Assets
$-296,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,567,214
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,331
Total Revenue per Audited Statements
$7,568,545
Total Revenue per Form 990
$7,567,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,415,420
Other Expenses$2,431,912
Grants and Similar Amounts Paid$15,973
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,026,830
Current Officers, Directors, Trustees, and Key Employees---$654,733
Occupancy---$548,114
Conferences and Meetings---$477,384
Fees for Services Other---$366,080
Payroll Taxes---$269,174
Other Employee Benefits---$233,361
Pension Plan Contributions---$231,322
Travel---$219,052
Fees for Services Lobbying---$180,000
Information Technology---$98,941
Fees for Services Legal---$93,644
Office Expenses---$83,156
Depreciation Depletion---$66,608
Fees for Services Accounting---$44,198
All Other Expenses---$39,215
Insurance---$39,174
Grants to Domestic Orgs---$15,973
Other Expenses---$2,735
Total Functional Expenses$0$0$0$7,863,305

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,863,305
Total Expenses per Audited Statements$7,863,305
Total Expenses per Form 990$7,863,305
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
World Resources InstituteWashington, DC501(c)(3)General Support$15,000

International Summary

Offices
2
Employees
15
Spending
$2,344,928

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesSee Schedule O215$2,344,928
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$225,779
Total Nondeductible Lobbying and Political Cost$28,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$2,082,334
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 4

Uscbc amended its bylaws during the tax year to make the following significant changes: 1) adjusted the maximum allowable consecutive term for individual board members and their respective member companies, 2) updated procedures so that the full membership votes on the proposed directors as a slate rather than for each individual director, 3) specified that the secretary-treasurer must be chosen from among the board of directors, and 4) established a board executive committee.

Form 990, Part VI, Section A, Line 6

The us-china business council offers paid memberships to american companies and in exchange provides benefits such as policy briefings, member-only publications, signature conferences and events, meetings with policymakers in both the united states and china, and more. The us-china business council's member companies elect the members of the governing body who approve the significant decisions of the organization. These members do not receive a share of the organization's excess dues or a share of net assets upon dissolution.

Form 990, Part VI, Section A, Line 7A

The full membership of the us-china business council elects the members of the governing body.

Form 990, Part VI, Section B, Line 11B

The annual form 990 is prepared by an independent cpa firm. Management reviews and approves the form 990 prior to filing with the irs.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
US China Business Council
EIN
23-7275160
Phone
2024290340
Address
1818 N ST NW 200, WASHINGTON, DC 20036

Signing Officer

Name
Sean Stein
Title
President
Phone
2024290340
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Stein
Formed
1973
Legal Domicile
Dc
Voting Board Members
38
Independent Board Members
38
Employees
40
Volunteers
0

Preparer

Firm
Lane & Company Cpas
Address
5335 WISCONSIN AVE NW, WASHINGTON, DC 20015
Preparer
Robert E Lane
Phone
2026172615
Supplemental Narrative

Additional Explanations

Schedule F, Line 3, Column E

Uscbc's staff in beijing and shanghai provides research and analysis on critical topics of business concern, and also responds to member company requests on nearly any china-related subject. Uscbc has advocated for its member companies' interests in both the us and china to advance business opportunities and to promote a stable and expanded us-china commercial relationship. Uscbc's programs offer member firms numerous opportunities to engage with us and prc government officials, private-sector specialists, and fellow firms in a variety of settings. Uscbc's publications and special reports provide the us business community with leading information and analysis on china's trade and investment environment. In addition, uscbc works with leading global media organizations to communicate the importance of the us-china commercial relationship.

Financial Statement Notes

PART X, LINE 2:

Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition on the financial statements.

Raw XML AppendixShowing 400 of 938 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/Form990PartVIISectionAGrp/PersonNm9ROBERT FORD
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IRS990/Form990PartVIISectionAGrp/PersonNm11R ADAM NORWITT
IRS990/Form990PartVIISectionAGrp/PersonNm12MILIND PANT
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFF WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm15DR BRENDAN J NELSON AO
IRS990/Form990PartVIISectionAGrp/PersonNm16BRIAN SIKES
IRS990/Form990PartVIISectionAGrp/PersonNm17HARVEY SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm18JAMES UMPLEBY
IRS990/Form990PartVIISectionAGrp/PersonNm19EVAN G GREENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm20JAMES QUINCEY
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IRS990/Form990PartVIISectionAGrp/PersonNm32MARY ERDOES
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