Civic Intelligence

German American Chambers of Commerce Ip Holdings Inc

990EZ • Fiscal year 2023 • EIN 26-4508331

Jan 01, 2023 to Dec 31, 2023 • Filed on May 20, 2024

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

77th percentile

0.14x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-62%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$1,386

Down $2,250 (-62%) from 2022

Net Assets

Down

$1,196

Down $472 (-28%) from 2022

Liabilities

Down

$190

Down $1,778 (-90%) from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$472

Down $47 (-9.1%) from 2022

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2023

Assets$1,386
Liabilities$190
Net Assets$1,196
Open 2023 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

2023

Revenue-
Expenses$472
Net Income-
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 20, 2024
Return Version
2023v5.0
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 Pay73rd 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
3125858001
Signed
2024-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Sheikh Osher&scott Cpas and Advisorspc
Address
605 N MICHIGAN AVE STE 403, CHICAGO, IL 60611
Preparer
Mohammad Sheikh
Phone
3123127272
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expense 18 bank fees 240 total 258”

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 1,800 190 other liab. 168 0”

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 Appendix97 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/PersonNm0URSULA KLICKER
IRS990EZ/BooksInCareOfDetail/PhoneNum03125858001
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 N MICHIGAN AVE 35TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060601
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01636
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01386
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-472
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0214
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03636
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01386
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01668
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01196
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01668
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01196
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/OtherExpensesTotalAmt0258
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/BOYAmt01968
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0190
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0472
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 18 BANK FEES 240 TOTAL 258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 2,000 0 TOTAL 2,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,800 190 OTHER LIAB. 168 0
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK TOMKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03125858001
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-20
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/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990518577
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHEIKH OSHER&SCOTT CPAS AND ADVISORSPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0605 N MICHIGAN AVE STE 403
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03123127272
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MOHAMMAD SHEIKH
ReturnHeader/ReturnTs02024-08-30T12:04:16-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,386
Liabilities
$190
Net assets
$1,196
Revenue
-
Expenses
$472
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
2023Detailed filing. Detailed filing data is available for this year.$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