irs program accomplishments · form 990 part iii · fy2023
What they reported doing
- #1 primary $1.20MThe chamber is promoting the exchange of German and American interns to increase the mutual understanding of the two business cultures. Career services offers internship exchange programs for the U.S. and Germany and is an official department of state designated J-1 visa sponsor organization. The internship program USA promotes the placement of student and young professional trainees from Germany with companies located throughout the U.S. these trainees are highly-qualified English-speakers who are available to actively train with a host-company for up to 18 months, when sponsored by the GACC J-1 exchange visitor visa program. Please apply online at our job exchange. The internship program Germany promotes the placement of American trainees from leading universities in the U.S. with companies in Germany. GACC career services assists in the procurement of the required work and residency permits for Germany. J-1 exchange visitor visa: the GACC career services operates an official state department designated J-1 visa program, by issuing a certificate of eligibility form DS-2019. The GACC can assist companies in the U.S. who have recruited their own trainees from Germany in obtaining the necessary J-1 visa for their candidates.
- #2 $6KThe Chamber organizes and coordinates various events and seminars for young business leaders.
named programs · 5 · from sources
What they call their work
Event Calendar & Networking Events
Organizes seminars, conferences, and networking events for young business leaders and member companies to foster transatlantic connections.
Internship Program Germany
Supports American trainees from U.S. universities in securing internships in Germany, including assistance with work and residency permits.
Internship Program USA
Facilitates placement of German interns and young professionals in U.S. companies through the J-1 visa program; provides DS-2019 forms and visa sponsorship.
Newcomer of the Year Award
Annual award recognizing German startups and SMEs that have achieved significant success in the U.S. market.
Tariff, Trade & Procurement Advisory Services
Provides guidance on trade regulations, tariffs, and procurement processes for German and American businesses navigating transatlantic operations.
activities · 3 groups
What they do
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Bilateral Trade and Business Relations 1 activity
- Business Support Services for German and U.S. CompaniesProvides market entry and business development support, legal guidance, intern visa assistance, recruitment, and startup consulting services to German and U.S. companies.
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Professional Networking Events 1 activity
- Events and Seminars for Young Business LeadersOrganizes and coordinates events and seminars aimed at fostering professional development and networking among young business leaders.
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High School Exchange Programs 1 activity
- J-1 Visa Internship Exchange ProgramOperates a J-1 visa internship exchange program that places German students and young professionals in U.S. companies and American trainees in German companies, including assistance with visa and residency permit procurement.
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financials · form 990 · fy2023
revenue
Total revenue$7.65M
Contributions & grants$3.03M40%
Program service revenue$4.55M59%
Investment income$3K0%
Other revenue$67K
expenses
Total expenses$7.08M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$4.35M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$5.45M
Cash$3.33M
Investments$0
Liabilities$3.16M
Net assets$2.30M
Liquid reserves5.6 mo
2 years on record · 2020–2023 · YoY revenue +22.8%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 7
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Dietmar Rieg | President & CEO | 40 | $428K |
| Susanne Gellert | President & CEO | 40 | $378K |
| Matthew Allen | Director Career & Education | 40 | $264K |
| Martin Kaiser | Vice President & Treasurer | 40 | $259K |
| Claus Habermeier | Director GTAI | 40 | $221K |
| Irene Fucks | Director Membership/Events | 40 | $217K |
| Nicholas Anderson | Director IT Administration | 40 | $193K |
board members · 18
- Andreas Fibig — Honorary Director
- Andrew Campbell — Director
- Anthony Williams — Director
- Attila Arian — Director
- Bonnie Tully — Vice Chairman
- Bruce R White — Director
- Caroll H Neubauer — Honorary Director
- Christian C Brune — Vice Chairman
- Christian Jagenberg — Director
- Christofer Von Nagel — Director
- David Detjen — Honorary Director
- Dirk Janzen — Director
- Dr Alexander P Imberg — Director
- Dr Siegfried Buschmann — Honorary Director
- Hilde Holland Esq — Secretary
- James H Sullivan — Director
- Jan Heck — Chairman
- Jan-Patrick Schmitz — Director
relationships · 4
Who they work with
- Boston Chapter Partner — Regional chapter of GACC NY focused on fostering business connections between German companies and the New England region.
- Philadelphia Chapter Partner — Regional chapter of GACC NY serving Delaware, Greater Philadelphia, and Southern & Central New Jersey with over 35 years of experience supporting German companies.
- Pittsburgh Chapter Partner — Regional chapter of GACC NY serving Western Pennsylvania and implementing the German Dual Apprenticeship System in the region.
- U.S. Department of State Government — Official state department designated J-1 visa sponsor organization, issuing DS-2019 forms for exchange visitors.
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Cultural Exchange Through Internshipsmethodology: cultural_exchange_through_internshipsBy facilitating intern exchanges between Germany and the United States, we strengthen mutual understanding of business cultures, because immersive professional experiences build cross-cultural competence and long-term bilateral relationships.
- Impartial Commerce Promotionmethodology: impartial_commerce_promotionBy acting as a neutral intermediary, we enhance bilateral trade between Germany and the U.S., because impartial facilitation builds trust, reduces barriers, and encourages sustainable business partnerships.