STRATEGY STUDIO / PUBLIC DATA EXPLORER

AMERICAN CHAMBER OF COMMERCE SAUDI ARABIA: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AMERICAN CHAMBER OF COMMERCE SAUDI ARABIA (EIN 84-4007397)
Tax period
2024-09-01 to 2025-08-31
Filed
2025-10-06
IRS object ID
202522789349300902
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-06T12:42:09-04:00ReturnTs
Tax Period End2025-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN INTERNATIONAL TAX ADVISERSBusinessNameLine1Txt

Preparer Foreign Address PreparerForeignAddress

FieldValueIRS element (for citing)
Address Line1142 UNIT 2107 SUKHUMVIT ROADAddressLine1Txt
CityKLONGTOEYCityNm
Province Or StateBANGKOKProvinceOrStateNm
CountryTHCountryCd
Foreign Postal10110ForeignPostalCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN844007397EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1American Chamber of Commerce Saudi ArabiaBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Ahmed AmonetteInCareOfNm
Business Name ControlAMERBusinessNameControlTxt
Phone6182080251PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11229 5510 Cherokee Ave STE 300AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22312ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAHMED AMONETTE TREASURERPersonNm
Person TitleMRPersonTitleTxt
Phone6182080251PhoneNum
Signature2025-09-23SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS M CARDENPreparerPersonNm
PTINP00848760PTIN
Phone9415487499PhoneNum
Preparation2025-10-06PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$1,449,236GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO PROVIDE AMERICAN COMPANIES THE ABILITY TO CONNECT, GROW, AND PROSPER IN THE KINGDOM OF SAUDI ARABIA. TO BE THE PRINCIPAL ADVOCATE AND LEADER FOR THE AMERICAN BUSINESS COMMUNITY IN SAUDI ARABIA, PROMOTING TRADE AND INVESTMENT AND STRENGTHENING THE BILATERAL RELATIONSHIPActivityOrMissionDesc
Voting Members Governing Body0VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$718,585PYContributionsGrantsAmt
CY Contributions Grants$819,451CYContributionsGrantsAmt
PY Program Service Revenue$646,695PYProgramServiceRevenueAmt
CY Program Service Revenue$612,782CYProgramServiceRevenueAmt
PY Investment Income$31,724PYInvestmentIncomeAmt
CY Investment Income$17,003CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,397,004PYTotalRevenueAmt
CY Total Revenue$1,449,236CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$557,815PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$672,104CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$664,113PYOtherExpensesAmt
CY Other Expenses$734,415CYOtherExpensesAmt
PY Total Expenses$1,221,928PYTotalExpensesAmt
CY Total Expenses$1,406,519CYTotalExpensesAmt
PY Revenues Less Expenses$175,076PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$42,717CYRevenuesLessExpensesAmt
Total Assets BOY$787,974TotalAssetsBOYAmt
Total Assets EOY$829,656TotalAssetsEOYAmt
Total Liabilities BOY$71,877TotalLiabilitiesBOYAmt
Total Liabilities EOY$69,851TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$716,097NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$759,805NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE AMERICAN COMPANIES THE ABILITY TO CONNECT, GROW, AND PROSPER IN THE KINGDOM OF SAUDI ARABIA. TO BE THE PRINCIPAL ADVOCATE AND LEADER FOR THE AMERICAN BUSINESS COMMUNITY IN SAUDI ARABIA, PROMOTING TRADE AND INVESTMENT AND STRENGTHENING THE BILATERAL RELATIONSHIPMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,406,519ExpenseAmt
DescHELPED BILATERAL REALTIONSDesc
Total Program Service Expenses$1,406,519TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members0GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARGHERTIA UNGARPersonNm
Phone6182080251PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1738 N WAKEFIELD STREET APT 1AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22203ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Darrell McGraw
CHAIRMAN10.000.00Yes (X)$0$0$0
Nasser J Bayram
Vice Chairman5.000.00Yes (X)$0$0$0
Ahmed Amonette
Treasurer5.000.00Yes (X)$0$0$0
Mazen Takhah
Secretary5.000.00Yes (X)$0$0$0
Amro Elfadly
Director of Finance5.000.00Yes (X)$0$0$0
David E Edginton
EP Chapter President5.000.00Yes (X)$0$0$0
Nausherwan B Hafeez
Jeddah Chapter President5.000.00Yes (X)$0$0$0
Jamila El Dajani
Director of Sector Committee5.000.00Yes (X)$0$0$0
Fernando Vallina
Director of Membership5.000.00Yes (X)$0$0$0
Luisa Javier
Director of Programs and Events5.000.00Yes (X)$0$0$0
Basel R Barakat
Director of Nominations5.000.00Yes (X)$0$0$0
Maxwell Andrew
Member at Large5.000.00Yes (X)$0$0$0
Mohamed Tafesh
Member at Large5.000.00Yes (X)$0$0$0
Abdul-Rahman Al Ghabban
Member at Large5.000.00Yes (X)$0$0$0
Majed Sherbini
Member at Large5.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$819,451MembershipDuesAmt
Total Contributions$819,451TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EVENT REVENUE900099$172,267$172,267
SPONSORSHIP-COMMITTEE900099$440,515$440,515
FieldValueIRS element (for citing)
Total Program Service Revenue$612,782TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,003TotalRevenueColumnAmt
Related Or Exempt Func Income$17,003RelatedOrExemptFuncIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,449,236TotalRevenueColumnAmt
Related Or Exempt Func Income$629,785RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$672,104TotalAmt
Program Services$672,104ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,156TotalAmt
Program Services$4,156ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$722,934TotalAmt
Program Services$722,934ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,325TotalAmt
Program Services$7,325ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,406,519TotalAmt
Program Services$1,406,519ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$787,974BOYAmt
EOY$829,656EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$787,974BOYAmt
EOY$829,656EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$71,877BOYAmt
EOY$69,851EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$71,877BOYAmt
EOY$69,851EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$716,097BOYAmt
EOY$759,805EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$716,097BOYAmt
EOY$759,805EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$787,974BOYAmt
EOY$829,656EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$42,717ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$991NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Governing body meeting documentation Part VI line 8aPRIMARY EXEMPT PURPOSE- TO PROVIDE AMERICAN COMPANIES THE ABILITY TO CONNECT, GROW,AND PROPOSER IN THE KINGDOM OF SAUDI ARABIA. TO BE THE PRINCIPAL ADVOCATE AND LEADER FOR THE AMERICAN BUSINESS COMMUNITY IN SAUDI ARABIA, PROMOTING TRADE AND INVESTMENT AND STRENGTHENING THE BILATERAL RELATIONSHIP BETWEEN THE TWO NATIONS.
Committee meeting documentation Part VI line 8bATTACHING
Form 990 governing body review Part VI line 11NO REVIEW WAS CONDUCTED
Form 990 availability to public Part VI line 18UPON REQUEST
Governing documents etc available to public Part VI line 19AS PER REQUEST
Other or change in accounting method Part XII line 1NOT AVAILABLE FOR PUBLIC
List of other fees for services expenses Part IX line 11gADMINISTRATION 510.00 EVENT EXPENSES 325832.00 GIFTS 936.38 COLLECTION FEE EXPENSES 13956.00 PERSONNEL TRAVEL EXPENSES 2531.00