Civic Intelligence

German American Chambers of Commerce Ip Holdings Inc

990EZ • Fiscal year 2020 • EIN 26-4508331

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 07, 2021

Organization ProfileN/A
150 North Michigan Ave 35th FloorChicago, IL 60601

(312) 644-2662

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.46x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

7th percentile

-45%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$2,654

Down $2,167 (-45%) from 2019

Net Assets

Down

$1,423

Down $1,357 (-49%) from 2019

Liabilities

Down

$1,231

Down $810 (-40%) from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,357

Down $3,235 (-70%) from 2019

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10K$5.0K$0-$5.0KAssets 2013: $8,584Liabilities 2013: $1,363Net Assets 2013: $7,2212013Assets 2014: $2,409Liabilities 2014: $615Net Assets 2014: $1,7942014Assets 2015: $4,560Liabilities 2015: $1,852Net Assets 2015: $2,7082015Assets 2016: $2,168Liabilities 2016: $2,233Net Assets 2016: -$652016Assets 2017: $5,700Liabilities 2017: $2,109Net Assets 2017: $3,5912017Assets 2018: $2,830Liabilities 2018: $1,458Net Assets 2018: $1,3722018Assets 2019: $4,821Liabilities 2019: $2,041Net Assets 2019: $2,7802019Assets 2020: $2,654Liabilities 2020: $1,231Net Assets 2020: $1,4232020Assets 2021: $4,075Liabilities 2021: $1,887Net Assets 2021: $2,1882021Assets 2022: $3,636Liabilities 2022: $1,968Net Assets 2022: $1,6682022Assets 2023: $1,386Liabilities 2023: $190Net Assets 2023: $1,1962023Assets 2024: $2,846Liabilities 2024: $180Net Assets 2024: $2,6662024

Highlighted filing

2020

Assets$2,654
Liabilities$1,231
Net Assets$1,423
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30K$20K$10K$0Revenue 2013: $27,000Expenses 2013: $13,185Net Income 2013: $13,8152013Expenses 2014: $5,4272014Revenue 2015: $6,000Expenses 2015: $5,086Net Income 2015: $9142015Expenses 2016: $2,7732016Revenue 2017: $6,000Expenses 2017: $2,344Net Income 2017: $3,6562017Expenses 2018: $2,2192018Revenue 2019: $6,000Expenses 2019: $4,592Net Income 2019: $1,4082019Expenses 2020: $1,3572020Revenue 2021: $6,000Expenses 2021: $5,235Net Income 2021: $7652021Expenses 2022: $5192022Expenses 2023: $4722023Revenue 2024: $18,000Expenses 2024: $16,530Net Income 2024: $1,4702024

Highlighted filing

2020

Revenue-
Expenses$1,357
Net Income-
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 7, 2021
Return Version
2020v4.0
Mission and Program Overview

Mission

Promote and foster trade relations, and disseminate information concerning commerce and trade between germany and the united states of america.

Program Services

DescriptionGrantsExpenses
PROMOTE AND FOSTER TRADE RELATIONS, AND DISSEMINATE INFORMATION CONCERNING COMMERCE AND TRADE, BETWEEN GERMANY AND THE UNITED STATES OF AMERICA.--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK TOMKINSPresident-$0--
MATTHIAS HOFFMANNSecretary-$0--
DIETMAR RIEGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
German American Chambers of
EIN
26-4508331
Phone
3126442662
Address
150 NORTH MICHIGAN AVE 35TH FLOOR, CHICAGO, IL 60601

Signing Officer

Name
Mark Tomkins
Title
President
Phone
3126442662
Signed
2021-06-07
Discuss with paid preparer
Yes

Preparer

Firm
Kopczyk Osher & Scott CPA Services
Address
4415 HARRISON ST STE 552, HILLSIDE, IL 60162-1911
Preparer
Rodney C Scott
Phone
3125270111
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expense 31 bank fees 490 total 521”

Form 990-ez, Part II, Line 24

“Accounts receivable 2,000 0 total 2,000 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 2,010 1,200 other liab. 31 31”

Form 990-ez, Part III

“Promote and foster trade relations, and disseminate information concerning commerce and trade between germany and the united states of america.”

Raw XML Appendix101 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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0MARK TOMKINS
CompensationExplanation/CompensationExplanationGrp/PersonNm1MATTHIAS HOFFMANN
CompensationExplanation/CompensationExplanationGrp/PersonNm2DIETMAR RIEG
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MATTHEW WALLACE
IRS990EZ/BooksInCareOfDetail/PhoneNum03126442662
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0321 NORTH CLARK STREET SUITE 1425
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0606544714
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02821
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02654
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1357
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0836
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04821
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02654
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02780
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01423
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02780
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01423
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARK TOMKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHIAS HOFFMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIETMAR RIEG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02000
IRS990EZ/OtherExpensesTotalAmt0521
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE AND FOSTER TRADE RELATIONS, AND DISSEMINATE INFORMATION CONCERNING COMMERCE AND TRADE BETWEEN GERMANY AND THE UNITED STATES OF AMERICA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE AND FOSTER TRADE RELATIONS, AND DISSEMINATE INFORMATION CONCERNING COMMERCE AND TRADE, BETWEEN GERMANY AND THE UNITED STATES OF AMERICA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02041
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01231
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01357
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 31 BANK FEES 490 TOTAL 521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 2,000 0 TOTAL 2,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,010 1,200 OTHER LIAB. 31 31
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROMOTE AND FOSTER TRADE RELATIONS, AND DISSEMINATE INFORMATION CONCERNING COMMERCE AND TRADE BETWEEN GERMANY AND THE UNITED STATES OF AMERICA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK TOMKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03126442662
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GERMAN AMERICAN CHAMBERS OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMMERCE IP HOLDINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0GERM
ReturnHeader/Filer/EIN0264508331
ReturnHeader/Filer/PhoneNum03126442662
ReturnHeader/Filer/USAddress/AddressLine1Txt0150 NORTH MICHIGAN AVE 35TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0854152564
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOPCZYK OSHER & SCOTT CPA SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04415 HARRISON ST STE 552
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILLSIDE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0601621911
ReturnHeader/PreparerPersonGrp/PhoneNum03125270111
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RODNEY C SCOTT
ReturnHeader/ReturnTs02021-10-14T14:31:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TOMKINS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,654
Liabilities
$1,231
Net assets
$1,423
Revenue
-
Expenses
$1,357
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.85$0.18$2.67$18.0$16.5$1.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.19$1.20$0.47
2022Detailed filing. Detailed filing data is available for this year.$3.64$1.97$1.67$0.52
2021Detailed filing. Detailed filing data is available for this year.$4.08$1.89$2.19$6.00$5.24$0.77
2020Detailed filing. Detailed filing data is available for this year.$2.65$1.23$1.42$1.36
2019Detailed filing. Detailed filing data is available for this year.$4.82$2.04$2.78$6.00$4.59$1.41
2018Detailed filing. Detailed filing data is available for this year.$2.83$1.46$1.37$2.22
2017Detailed filing. Detailed filing data is available for this year.$5.70$2.11$3.59$6.00$2.34$3.66
2016Detailed filing. Detailed filing data is available for this year.$2.17$2.23$0.07$2.77
2015Detailed filing. Detailed filing data is available for this year.$4.56$1.85$2.71$6.00$5.09$0.91
2014Detailed filing. Detailed filing data is available for this year.$2.41$0.62$1.79$5.43
2013Detailed filing. Detailed filing data is available for this year.$8.58$1.36$7.22$27.0$13.2$13.8