Civic Intelligence

German American Chambers of Commerce Ip Holdings Inc

990EZ • Fiscal year 2021 • EIN 26-4508331

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 11, 2022

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.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.31x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

13%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

88th percentile

54%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

0.0%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$4,075

Up $1,421 (+54%) from 2020

Net Assets

Up

$2,188

Up $765 (+54%) from 2020

Liabilities

Up

$1,887

Up $656 (+53%) from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin58th percentile

Revenue

$6,000

No earlier filing loaded for comparison.

Expenses

Up

$5,235

Up $3,878 (+286%) from 2020

Net Income

$765

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth88th 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

2021

Assets$4,075
Liabilities$1,887
Net Assets$2,188
Open 2021 Filing

Operations Trend

Revenue Growth46th percentile

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

2021

Revenue$6,000
Expenses$5,235
Net Income$765
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 11, 2022
Return Version
2021v4.0
Gross Receipts
$6,000
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 Pay72nd 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
2022-10-11
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 250 bank fees 535 total 785”

Form 990-ez, Part II, Line 24

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

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 1,200 1,799 other liab. 31 88”

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
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/BOYAmt02654
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02075
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0765
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04450
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02654
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04075
IRS990EZ/GrossReceiptsAmt06000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt06000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01423
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02188
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01423
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02188
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/EOYAmt02000
IRS990EZ/OtherExpensesTotalAmt0785
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/BOYAmt01231
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01887
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05235
IRS990EZ/TotalRevenueAmt06000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 250 BANK FEES 535 TOTAL 785
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 2,000 TOTAL 0 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,200 1,799 OTHER LIAB. 31 88
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/SignatureDt02022-10-11
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/PreparationDt02022-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RODNEY C SCOTT
ReturnHeader/ReturnTs02022-11-03T11:13:18-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TOMKINS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,075
Liabilities
$1,887
Net assets
$2,188
Revenue
$6,000
Expenses
$5,235
Net income
$765
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