Civic Intelligence

Representative of German Industry & Trade

EIN 52-1532143 • 501(c)6 • Washington, DC

Profile

To improve business conditions between the united states and germany.

1130 Connecticut Avenue NW 1200Washington, DC 20036

www.rgit-usa.com

Siviq Scores

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

Liabilities / Assets

89th percentile

0.50x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.24x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

12th percentile

-16%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

70th percentile

$98,853

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

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

Asset Growth

5th percentile

-42%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

95th percentile

77%

Faster revenue growth than 95% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$378,873

Down $279,894 (-42%) from 2023

Liabilities

Down

$189,571

Down $157,638 (-45%) from 2023

Net Assets

Down

$189,302

Down $122,256 (-39%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin12th percentile

Revenue

Up

$779,097

Up $338,820 (+77%) from 2023

Expenses

Up

$901,353

Up $9,411 (+1.1%) from 2023

Net Income

Up

-$122,256

Up $329,409 (+73%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $200,823Liabilities 2011: -$36Net Assets 2011: $200,8592011Assets 2012: $265,401Liabilities 2012: $0Net Assets 2012: $265,4012012Assets 2013: $212,570Liabilities 2013: $0Net Assets 2013: $212,5702013Assets 2014: $185,516Liabilities 2014: $0Net Assets 2014: $185,5162014Assets 2015: $234,646Liabilities 2015: $0Net Assets 2015: $234,6462015Assets 2016: $218,937Liabilities 2016: $0Net Assets 2016: $218,9372016Assets 2017: $995,087Liabilities 2017: $354,687Net Assets 2017: $640,4002017Assets 2018: $1,638,888Liabilities 2018: $936,392Net Assets 2018: $702,4962018Assets 2019: $1,593,570Liabilities 2019: $865,572Net Assets 2019: $727,9982019Assets 2020: $1,680,955Liabilities 2020: $890,424Net Assets 2020: $790,5312020Assets 2021: $1,598,202Liabilities 2021: $641,614Net Assets 2021: $956,5882021Assets 2022: $1,478,551Liabilities 2022: $715,328Net Assets 2022: $763,2232022Assets 2023: $658,767Liabilities 2023: $347,209Net Assets 2023: $311,5582023Assets 2024: $378,873Liabilities 2024: $189,571Net Assets 2024: $189,3022024

Highlighted filing

2024

Assets$378,873
Liabilities$189,571
Net Assets$189,302
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,474,999Expenses 2011: $1,395,593Net Income 2011: $79,4062011Revenue 2012: $1,643,621Expenses 2012: $1,579,079Net Income 2012: $64,5422012Revenue 2013: $1,650,903Expenses 2013: $1,703,734Net Income 2013: -$52,8312013Revenue 2014: $1,649,489Expenses 2014: $1,676,543Net Income 2014: -$27,0542014Revenue 2015: $1,726,512Expenses 2015: $1,677,382Net Income 2015: $49,1302015Revenue 2016: $1,431,202Expenses 2016: $1,446,911Net Income 2016: -$15,7092016Revenue 2017: $2,082,478Expenses 2017: $2,222,239Net Income 2017: -$139,7612017Revenue 2018: $2,248,090Expenses 2018: $2,249,139Net Income 2018: -$1,0492018Revenue 2019: $2,046,251Expenses 2019: $2,020,749Net Income 2019: $25,5022019Revenue 2020: $1,995,617Expenses 2020: $1,933,084Net Income 2020: $62,5332020Revenue 2021: $1,492,862Expenses 2021: $1,326,805Net Income 2021: $166,0572021Revenue 2022: $635,906Expenses 2022: $829,271Net Income 2022: -$193,3652022Revenue 2023: $440,277Expenses 2023: $891,942Net Income 2023: -$451,6652023Revenue 2024: $779,097Expenses 2024: $901,353Net Income 2024: -$122,2562024

Highlighted filing

2024

Revenue$779,097
Expenses$901,353
Net Income-$122,256
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$378,873
Liabilities
$189,571
Net assets
$189,302
Revenue
$779,097
Expenses
$901,353
Net income
-$122,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.19$0.19$0.78$0.90$0.12
2023Summary only. Only limited summary data is available for this year.$0.66$0.35$0.31$0.44$0.89$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.72$0.76$0.64$0.83$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.64$0.96$1.49$1.33$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.89$0.79$2.00$1.93$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.87$0.73$2.05$2.02$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.94$0.70$2.25$2.25$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.35$0.64$2.08$2.22$0.14
2016Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$1.43$1.45$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$1.73$1.68$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$1.65$1.68$0.03
2013Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$1.65$1.70$0.05
2012Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$1.64$1.58$0.06
2011Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$1.47$1.40$0.08
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 26, 2023
Return Version
2022v5.0
Gross Receipts
$635,906
Mission and Program Overview

Mission

To improve business conditions between the united states and germany.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$826,750$747,167▼ $79,583
Land, Buildings, and Equipment, Net$407,383$0▼ $407,383
Prepaid Expenses and Deferred Charges$75,192$27,926▼ $47,266
Accounts Receivable$17,203$0▼ $17,203
Total Assets$1,598,202$1,478,551▼ $119,651
Other Assets Total$271,674$703,458▲ $431,784
Liabilities
Other Liabilities$603,984$681,606▲ $77,622
Accounts Payable and Accrued Expenses$37,630$33,722▼ $3,908
Total Liabilities$641,614$715,328▲ $73,714
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$956,588$763,223▼ $193,365
Total Net Assets Fund Balance$956,588$763,223▼ $193,365
Total Liabilities and Net Assets / Fund Balance$1,598,202$1,478,551▼ $119,651

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$68,208$68,208
Equipment$0$33,641$33,641
Other Assets Org$673,900--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ms Caitlin Hickey SecretaryDirector Gov. Relations - Until 3/2022FT$94,302$15,406$109,708
Jay MorganSecretary - as of 3/2022FT$82,498$9,289$91,787
Dr Christoph SchemionekDirector, President and CEOPT$83,471-$83,471
Silke Roberts-schumacherTreasurer - as of 3/2022FT$72,624$9,828$82,452

Board Members and Trustees

NameTitle
Dr Joachim LangDirector
Dr Martin WanslebenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$521,408
Investment Income
$0
Other Revenue
$114,498
Change in Net Assets
$-193,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$635,906
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$635,906
Total Revenue per Form 990
$635,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$425,006
Salaries, Compensation, and Employee Benefits$404,265
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---$367,418
Occupancy---$243,633
Fees for Services Accounting---$52,560
Payroll Taxes---$24,750
Fees for Services Other---$22,254
Information Technology---$20,726
Office Expenses---$12,855
Conferences and Meetings---$10,738
Travel---$9,780
Fees for Services Legal---$8,174
Other Salaries and Wages---$6,615
Other Employee Benefits---$4,261
Depreciation Depletion---$2,887
Pension Plan Contributions---$1,221
Other Expenses---$159
Total Functional Expenses$0$0$0$829,271

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$829,271
Total Expenses per Audited Statements$829,271
Total Expenses per Form 990$829,271
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$681,606
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Christoph schemionek is seconded from dgic through an executive services agreement to serve as the president and ceo of rgit and to become the executive in charge of rgit's operations. Dgic bills rgit for executive services based on actual time incurred.”

Form 990, Part VI, Section A, Line 8B

“Rgit does not have committees that can act on behalf of the governing body.”

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

“The federal form 990 is prepared by an outside accounting firm. Once it has been prepared by the accounting firm, the draft federal form 990 is reviewed by the president and ceo as well as the treasurer prior to filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest occurs when a director, officer, employee, and/or contractor is faced with an actual or potential compromise of his or her loyalties. Conflicts of interest may involve personal as well as pecuniary interests. For any activity that can create conflict interest policy, the board member or employee shall immediately disclose any potential conflicts of interest to the president and ceo who may assess the appropriate course of action to follow.”

Form 990, Part VI, Section C, Line 19

“Rgit's governing documents, conflict of interest policy, and financial statements are not made available to the general public. The federal form 990 is made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Representative of German Industry &
EIN
52-1532143
Phone
2026594777
Address
1130 CONNECTICUT AVENUE NW 1200, WASHINGTON, DC 20036

Signing Officer

Name
Dr Christoph Schemionek
Title
Director, President and CEO
Phone
2026594777
Signed
2023-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Christoph Schemionek
Formed
1988
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
2
Employees
4
Volunteers
2

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2022274000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Rgit evaluated its uncertainty in income taxes for the years ended december 31, 2022 and 2021, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status.”

Raw XML Appendix346 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt037630
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033722
IRS990/AccountsReceivableGrp/BOYAmt017203
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO IMPROVE BUSINESS CONDITIONS BETWEEN THE UNITED STATES AND GERMANY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DR CHRISTOPH SCHEMIONEK
IRS990/BooksInCareOfDetail/PhoneNum02026594777
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01130 CONNECTICUT AVENUE NW 1200
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020036
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0826750
IRS990/CashNonInterestBearingGrp/EOYAmt0747167
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0367418
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt010738
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0425006
IRS990/CYOtherRevenueAmt0114498
IRS990/CYProgramServiceRevenueAmt0521408
IRS990/CYRevenuesLessExpensesAmt0-193365
IRS990/CYSalariesCompEmpBnftPaidAmt0404265
IRS990/CYTotalExpensesAmt0829271
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0635906
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/TotalAmt02887
IRS990/Desc0ADVOCACY FOR GERMAN COMPANIES IN WASHINGTON, DC - REPRESENTATIVE OF GERMAN INDUSTRY & TRADE (RGIT) REPRESENTS THE INTERESTS OF GERMAN BUSINESS, IN PARTICULAR THE MEMBERS OF DIHK AND BDI, BEFORE THE U.S. ADMINISTRATION, AND CONGRESS. RGIT IS WORKING CLOSELY WITH THE GERMAN-AMERICAN CHAMBERS OF COMMERCE IN NEW YORK, ATLANTA, CHICAGO, SAN FRANCISCO, AND WASHINGTON. RGIT IS OFFERING BUSINESS SERVICES SUCH AS COORDINATION AND PRODUCTION OF STATEMENTS, RESEARCHING INFORMATION, AND MONITORING BUSINESS INFORMATION ABOUT THE UNITED STATES. RGIT REGULARLY ORGANIZES EVENTS TO FOSTER THE TRANSATLANTIC EXCHANGE OF INFORMATION AND TO IMPROVE BILATERAL TRADE AND INVESTMENT RELATIONS.THESE EVENTS INCLUDE 1) EVENTS HIGHLIGHTING DIVERSE TRADE AND INVESTMENT ISSUES WITH EXPERTS IN TRANSATLANTIC TRADE AND ECONOMIC POLICY, 2) BRIEFINGS FOR SPECIAL GUESTS 3) ROUND TABLE DISCUSSIONS AS PART OF THE GERMAN-AMERICAN RELATIONS WITH POLITICAL AND INDUSTRY VISITORS FROM GERMANY 4) EVENTS EXPLAIN THE SITUATION OF GERMAN COMPANIES IN THE UNITED STATES, OCCASIONALLY IN COOPERATION WITH THE GERMAN-AMERICAN CHAMBER OF COMMERCE, 5) RGIT IS CONSIDERED A MEETING POINT FOR ADMINISTRATION, INDUSTRY, SCIENCE, POLITICAL INSTITUTIONS AND EXPERTS REGARDING TRANSATLANTIC ECONOMIC ISSUES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt052560
IRS990/FeesForServicesLegalGrp/TotalAmt08174
IRS990/FeesForServicesOtherGrp/TotalAmt022254
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt015406
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt19289
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt39828
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MS CAITLIN HICKEY SECRETARY
IRS990/Form990PartVIISectionAGrp/PersonNm1JAY MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DR CHRISTOPH SCHEMIONEK
IRS990/Form990PartVIISectionAGrp/PersonNm3SILKE ROBERTS-SCHUMACHER
IRS990/Form990PartVIISectionAGrp/PersonNm4DR JOACHIM LANG
IRS990/Form990PartVIISectionAGrp/PersonNm5DR MARTIN WANSLEBEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt094302
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt182498
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt283471
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt372624
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIR. GOV. RELATIONS - UNTIL 3/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY - AS OF 3/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER - AS OF 3/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01988
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0635906
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt020726
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0101849
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0407383
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0101849
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPROVE BUSINESS CONDITIONS BETWEEN THE UNITED STATES AND GERMANY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0956588
IRS990/NetAssetsOrFundBalancesEOYAmt0763223
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0956588
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0763223
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0243633
IRS990/OfficeExpensesGrp/TotalAmt012855
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0271674
IRS990/OtherAssetsTotalGrp/EOYAmt0703458
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04261
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP FEES
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS & PUBL.
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt020976
IRS990/OtherExpensesGrp/TotalAmt120264
IRS990/OtherExpensesGrp/TotalAmt2159
IRS990/OtherLiabilitiesGrp/BOYAmt0603984
IRS990/OtherLiabilitiesGrp/EOYAmt0681606
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON LEASE ASSIGNM.
IRS990/OtherRevenueMiscGrp/Desc1SUBLEASE INCOME
IRS990/OtherRevenueMiscGrp/Desc2REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0101082
IRS990/OtherRevenueMiscGrp/ExclusionAmt16879
IRS990/OtherRevenueMiscGrp/ExclusionAmt26537
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0101082
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16879
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt26537
IRS990/OtherRevenueTotalAmt0114498
IRS990/OtherSalariesAndWagesGrp/TotalAmt06615
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt024750
IRS990/PensionPlanContributionsGrp/TotalAmt01221
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075192
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027926
IRS990/PrincipalOfficerNm0DR CHRISTOPH SCHEMIONEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SUBSIDY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0521408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0521408
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLICATIONS - OUR PUBLICATION "WASHINGTON NEWS" REPORTS ON CURRENT POLITICAL, ECONOMIC, AND LEGISLATIVE DEVELOPMENTS IN THE UNITED STATES THAT ARE NOT OR RARELY COVERED IN OTHER MEDIA INFORMATION SERVICES BUT ARE RELEVANT FOR THE TRANSATLANTIC ECONOMY TO IMPROVE BILATERAL AND INVESTMENT RELATIONS. WE PROVIDE THE MEMBERS OF THE GERMAN-AMERICAN CHAMBERS OF COMMERCE AND OUR PARTNERS IN THE UNITED STATES WITH INFORMATION ABOUT THE GERMAN-AMERICAN ECONOMIC RELATIONS, FOR EXAMPLE REGIONAL DEVELOPMENTS, RELEVANT TO BOTH COUNTRIES AS WELL AS ABOUT ECONOMIC AND TRADE RELATIONS BETWEEN THE UNITED STATES AND GERMANY.
IRS990/ProgSrvcAccomActy3Grp/Desc0RGIT'S WEBSITE WWW.GERMANBUSINESSUSA.COM PROVIDES AN OVERVIEW OF THE POSITIVE CONTRIBUTIONS OF GERMAN-OWNED AFFILIATES TO THE US ECONOMY. IT SHOWS THE NUMBER OF JOBS CREATED IN EACH STATE AS WELL AS THE TRADE RELATIONS BETWEEN GERMANY AND EACH STATE BY SECTOR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0932006
IRS990/PYOtherRevenueAmt0531891
IRS990/PYProgramServiceRevenueAmt0960971
IRS990/PYRevenuesLessExpensesAmt0166057
IRS990/PYSalariesCompEmpBnftPaidAmt0394799
IRS990/PYTotalExpensesAmt01326805
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01492862
IRS990/ReconcilationRevenueExpnssAmt0-193365
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033641
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033641
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0829271
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029558
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1673900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068208
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt068208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0681606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0635906
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RGIT EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0703458
IRS990ScheduleD/TotalExpensesPerForm990Amt0829271
IRS990ScheduleD/TotalLiabilityAmt0681606
IRS990ScheduleD/TotalRevenuePerForm990Amt0635906
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0635906
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0829271
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRISTOPH SCHEMIONEK IS SECONDED FROM DGIC THROUGH AN EXECUTIVE SERVICES AGREEMENT TO SERVE AS THE PRESIDENT AND CEO OF RGIT AND TO BECOME THE EXECUTIVE IN CHARGE OF RGIT'S OPERATIONS. DGIC BILLS RGIT FOR EXECUTIVE SERVICES BASED ON ACTUAL TIME INCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RGIT DOES NOT HAVE COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FEDERAL FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. ONCE IT HAS BEEN PREPARED BY THE ACCOUNTING FIRM, THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE PRESIDENT AND CEO AS WELL AS THE TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A CONFLICT OF INTEREST OCCURS WHEN A DIRECTOR, OFFICER, EMPLOYEE, AND/OR CONTRACTOR IS FACED WITH AN ACTUAL OR POTENTIAL COMPROMISE OF HIS OR HER LOYALTIES. CONFLICTS OF INTEREST MAY INVOLVE PERSONAL AS WELL AS PECUNIARY INTERESTS. FOR ANY ACTIVITY THAT CAN CREATE CONFLICT INTEREST POLICY, THE BOARD MEMBER OR EMPLOYEE SHALL IMMEDIATELY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE PRESIDENT AND CEO WHO MAY ASSESS THE APPROPRIATE COURSE OF ACTION TO FOLLOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RGIT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. THE FEDERAL FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01598202
IRS990/TotalAssetsEOYAmt01478551
IRS990/TotalAssetsGrp/BOYAmt01598202
IRS990/TotalAssetsGrp/EOYAmt01478551
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0829271
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0641614
IRS990/TotalLiabilitiesEOYAmt0715328
IRS990/TotalLiabilitiesGrp/BOYAmt0641614
IRS990/TotalLiabilitiesGrp/EOYAmt0715328
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0956588
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0763223
IRS990/TotalOtherCompensationAmt034523
IRS990/TotalProgramServiceRevenueAmt0521408
IRS990/TotalReportableCompFromOrgAmt0332895
IRS990/TotalRevenueGrp/ExclusionAmt0114498
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0521408
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0635906
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01598202
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01478551
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt09780
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01130 CONNECTICUT AVENUE NW 1200
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.RGIT-USA.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR CHRISTOPH SCHEMIONEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR, PRESIDENT AND CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02026594777
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REPRESENTATIVE OF GERMAN INDUSTRY &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRADE
ReturnHeader/Filer/BusinessNameControlTxt0REPR
ReturnHeader/Filer/EIN0521532143
ReturnHeader/Filer/PhoneNum02026594777
ReturnHeader/Filer/USAddress/AddressLine1Txt01130 CONNECTICUT AVENUE NW 1200
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW SUITE 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02022274000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK H SMITH
ReturnHeader/ReturnTs02023-04-26T14:07:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHRISTOPH SCHEMIONEK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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