Canadian American Business Council Inc
Nonprofit profile at a glance
- EIN
- 521542724
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2023611597
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,793,167
- Expenses
- $1,382,886
- Assets
- $1,744,718
- Liabilities
- $549,407
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
34 people listed
Executive titles in this filing
- ELIZABETH BURKE (CEO)
Highest reported compensation
- ELIZABETH BURKE (CEO): $668,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide opportunities for the exchange of commercial, cultural and political information to foster trade between canada and the united states with a member network that promotes and facilitates the development of project, programs and opportunities between the countries; to advocate and express the needs and interests of the foregoing canadian/american projects, programs and opportunities before legislative, administrative, and judicial branches of local, state and national governmental organizations, international financial institutions, private sector organizations and individuals; and to promulgate policies and conduct activities for the betterment of individuals, institutions, firms and business alliances involved in all aspects of canadian/american commercial, cultural and political activities.
What it reported doing in 2024
Each fall, cabc holds, in canada, its annual fall business policy forum and business achievement award presentation, a policy conference to discuss the key issues facing the canada/u.s. Relationship. Participants range from 300-400 individuals made up of business leaders, policy makers, legislators, academics and media. The forum is divided into receptions, panels on relevant policy issues, informal interviews with thought leaders and culminates into the announcement of the business achievement award which, for twenty-nine years now, is awarded to either an individual business leader or a partnership between an innovative canadian and u.s. Company, who have developed an innovative and remarkable business venture to advance north american prosperity, is recognized with an award.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 46
- Accountability: 79
- Sustainability: 55
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 22.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 48.4%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: -2.8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 33 of 33 board members independent · 4 of 8 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $669K · 34 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $789K reported
- Consistency: 11 of 11 current checks pass
- Schedules: 5 filed schedules · includes foreign activity and executive pay
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.