The Cyprus Us Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 223600735
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2014445609
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Boards of Trade
Reported finances
- Revenue
- $52,359
- Expenses
- $58,054
- Assets
- $111,902
- Liabilities
- $8,629
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- THEODORE M KAKOYIANNIS (Vice President)
- DEMETRIOS COMODROMOS (President)
People named in this filing
- THEODORE M KAKOYIANNIS (Vice President)
- DEMETRIOS COMODROMOS (President)
- PHIL CHRISTODOULOU (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's primary purpose is to promote and extend the commercial, industrial and economic relations between the republic of cyprus and the united states, to promote the development of commercial exchanges between their respective industries, trades and business, and to give every assistance to its members to attain their business aims
What it reported doing in 2024
The annual Cyprus-U.S. Chamber of Commerce Christmas party is a holiday event in which paid members of the Chamber can meet, network, and mingle in order to promote business between the Cyprus and the United States.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 34
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.9%; rating input score 35
- Program expense ratio: 31.5%; rating input score 32
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -10.9%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 1.93; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -10% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: 1.9% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 34.9% of revenue deployed · 31.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- Moderate — Financial Efficiency: Program expense ratio scored 32/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.