Totals
- Total revenue
- $7,567,214
- Total expenses
- $7,863,305
- Contributions and grants received
- $1,075,548
- Grants paid
- $15,973
- Program service revenue
- $6,140,544
- Investment income
- $338,319
- Other revenue
- $12,803
- Total assets, end of year
- $10,670,716
- Total liabilities, end of year
- $4,833,968
- Net assets or fund balances, end of year
- $5,836,748
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,075,548
-
2a · Program service revenue: MEMBERSHIP DUES
total $5,214,014 · related or exempt $5,214,014
-
2b · Program service revenue: MEMBER MEETINGS AND EV
total $699,462 · related or exempt $699,462
-
2c · Program service revenue: OVERSEAS PROGRAMS
total $223,876 · related or exempt $223,876
-
2d · Program service revenue: MEMBER SERVICES
total $3,192 · related or exempt $3,192
-
3 · Investment income
total $338,319 · excluded $338,319
-
11a · Other revenue: OTHER INCOME
total $12,803 · related or exempt $12,803
-
11e · Other revenue, total
$12,803
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $15,973
-
5 · Compensation of officers, directors and key employees
total $654,733
-
7 · Other salaries and wages
total $4,026,830
-
8 · Pension plan contributions
total $231,322
-
9 · Other employee benefits
total $233,361
-
10 · Payroll taxes
total $269,174
-
11b · Fees: legal
total $93,644
-
11c · Fees: accounting
total $44,198
-
11d · Fees: lobbying
total $180,000
-
11g · Fees: other
total $366,080
-
13 · Office expenses
total $83,156
-
14 · Information technology
total $98,941
-
16 · Occupancy
total $548,114
-
17 · Travel
total $219,052
-
19 · Conferences, conventions and meetings
total $477,384
-
22 · Depreciation, depletion and amortization
total $66,608
-
23 · Insurance
total $39,174
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $118,006
-
24b · Other expenses: PUBLICATIONS
total $46,738
-
24c · Other expenses: STAFF TRAINING
total $8,867
-
24d · Other expenses: BAD DEBT EXPENSE
total $2,735
-
24e · All other expenses
total $39,215
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $507,616 · end of year $472,416
-
2 · Savings and temporary cash investments
beginning of year $7,586,498 · end of year $6,938,239
-
4 · Accounts receivable
beginning of year $735,892 · end of year $531,406
-
9 · Prepaid expenses and deferred charges
beginning of year $131,180 · end of year $193,168
-
10a · Land, buildings and equipment: cost or other basis
$594,456
-
10b · Land, buildings and equipment: accumulated depreciation
$440,198
-
10c · Land, buildings and equipment, net
beginning of year $186,481 · end of year $154,258
-
14 · Intangible assets
end of year $314,326
-
15 · Other assets
beginning of year $919,854 · end of year $2,066,903
-
17 · Accounts payable and accrued expenses
beginning of year $892,987 · end of year $376,636
-
19 · Deferred revenue
beginning of year $2,041,880 · end of year $2,374,998
-
25 · Other liabilities
beginning of year $1,001,146 · end of year $2,082,334
-
27 · Net assets without donor restrictions
beginning of year $6,131,508 · end of year $5,836,748
Mission and programs · 2024
Mission
THE UNITED STATES CHINA BUSINESS COUNCIL'S PRIMARY PURPOSE IS TO REPRESENT AMERICAN COMPANIES THAT DO BUSINESS IN CHINA AND EXPAND THE US-CHINA COMMERCIAL RELATIONSHIP TO THE BENEFIT OF ITS MEMBERSHIP AND THE US ECONOMY.
-
USCBC'S SERVICES ENCOMPASS FOUR KEY AREAS: INFORMATION/RESEARCH--USCBC'S STAFF IN WASHINGTON, BEIJING, AND SHANGHAI PROVIDES RESEARCH AND ANALYSIS ON CRITICAL TOPICS OF BUSINESS CONCERN, AND ALSO RESPONDS TO MEMBER COMPANY REQUESTS ON NEARLY ANY CHINA-RELATED SUBJECT. ADVOCACY--USCBC HAS ADVOCATED FOR ITS MEMBER COMPANIES' INTERESTS IN BOTH THE US AND CHINA TO ADVANCE BUSINESS OPPORTUNITIES AND TO PROMOTE A STABLE AND EXPANDED US-CHINA COMMERCIAL RELATIONSHIP. PROGRAMS--USCBC'S PROGRAMS OFFER MEMBER FIRMS NUMEROUS OPPORTUNITIES TO ENGAGE WITH US AND PRC GOVERNMENT OFFICIALS, PRIVATE-SECTOR SPECIALISTS, AND FELLOW MEMBER FIRMS IN A VARIETY OF SETTINGS. COMMUNICATIONS & PUBLICATIONS--OUR PUBLICATIONS AND SPECIAL REPORTS PROVIDE THE US BUSINESS COMMUNITY WITH LEADING INFORMATION AND ANALYSIS ON CHINA'S TRADE AND INVESTMENT ENVIRONMENT. IN ADDITION, USCBC ENGAGES WITH MEDIA ORGANIZATIONS TO COMMUNICATE THE IMPORTANCE OF THE US-CHINA COMMERCIAL RELATIONSHIP.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rajesh SubramaniamRAJESH SUBRAMANIAM
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan McInerneyRYAN MCINERNEY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Geoff MarthaGEOFF MARTHA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cristiano AmonCRISTIANO AMON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Marc N CasperMARC N CASPER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Darius AdamczykDARIUS ADAMCZYK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ScanlonJENNIFER SCANLON
SECRETARY-TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Eric EmersonERIC EMERSON
COUNSEL
- Total calculated
- $0
- Hours/week
- 1
-
William M BrownWILLIAM M BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert FordROBERT FORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Seifi GhasemiSEIFI GHASEMI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
R Adam NorwittR ADAM NORWITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Milind PantMILIND PANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael NelsonMICHAEL NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff WilliamsJEFF WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Brendan J Nelson AoDR BRENDAN J NELSON AO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian SikesBRIAN SIKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Harvey SchwartzHARVEY SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James UmplebyJAMES UMPLEBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Evan G GreenbergEVAN G GREENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James QuinceyJAMES QUINCEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric MusserERIC MUSSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim FitterlingJIM FITTERLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lal KarsanbhaiLAL KARSANBHAI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amit SevakAMIT SEVAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack WilliamsJACK WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janet TruncaleJANET TRUNCALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David E ConstableDAVID E CONSTABLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John E WaldronJOHN E WALDRON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Krishnan RajagopalanKRISHNAN RAJAGOPALAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom MonahanTOM MONAHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lucian BoldeaLUCIAN BOLDEA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary ErdoesMARY ERDOES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rob GoldsteinROB GOLDSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob SternfelsBOB STERNFELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michel KhalafMICHEL KHALAF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sanjay MehrotraSANJAY MEHROTRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John DonahoeJOHN DONAHOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon MoellerJON MOELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ramon LaguartaRAMON LAGUARTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Albert BourlaDR ALBERT BOURLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laxman NarasimhanLAXMAN NARASIMHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terrence CurtinTERRENCE CURTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William S CohenWILLIAM S COHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Roberta LipsonROBERTA LIPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug McMillonDOUG MCMILLON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig BillingsCRAIG BILLINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stanley A DealSTANLEY A DEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carmine Di SibioCARMINE DI SIBIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angela HwangANGELA HWANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah LehrDEBORAH LEHR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael F RomanMICHAEL F ROMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig AllenCRAIG ALLEN
PRESIDENT (UNTIL 12/31/24)
- Total calculated
- $572,286
- From this org
- $527,374
- From related orgs
- $0
- Other
- $44,912
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $427,932
- Bonus
- $98,482
- Other
- $960
- Deferred
- $42,793
- Nontaxable benefits
- $2,119
- Filer's total
- $572,286
-
Sean SteinSEAN STEIN
PRESIDENT (FROM 11/4/24)
- Total calculated
- $79,489
- From this org
- $79,383
- From related orgs
- $0
- Other
- $106
- Hours/week
- 40
-
David ThomasDAVID THOMAS
SENIOR VICE PRESIDENT
- Total calculated
- $346,650
- From this org
- $314,064
- From related orgs
- $0
- Other
- $32,586
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $279,557
- Bonus
- $33,547
- Other
- $960
- Deferred
- $31,310
- Nontaxable benefits
- $1,276
- Filer's total
- $346,650
-
Gloria Gonzalez-MicklinGLORIA GONZALEZ-MICKLIN
VP, PROGRAMS & STRATEGIC PARTNERSHIPS
- Total calculated
- $223,242
- From this org
- $194,720
- From related orgs
- $0
- Other
- $28,522
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,000
- Bonus
- $20,760
- Other
- $960
- Deferred
- $19,376
- Nontaxable benefits
- $9,146
- Filer's total
- $223,242
-
Karen ElliottKAREN ELLIOTT
VP, STRATEGIC COMMUNICATIONS & PUBLICATIONS
- Total calculated
- $220,037
- From this org
- $193,460
- From related orgs
- $0
- Other
- $26,577
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,000
- Bonus
- $17,500
- Other
- $960
- Deferred
- $11,667
- Nontaxable benefits
- $14,910
- Filer's total
- $220,037
-
Noah FraserNOAH FRASER
SVP, CHINA OFFICES
- Total calculated
- $214,350
- From this org
- $202,310
- From related orgs
- $0
- Other
- $12,040
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,810
- Bonus
- $28,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,040
- Filer's total
- $214,350
-
Andrew BarrANDREW BARR
SENIOR DIRECTOR, FINANCE & ADMINISTRATION
- Total calculated
- $200,171
- From this org
- $162,660
- From related orgs
- $0
- Other
- $37,511
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,000
- Bonus
- $14,700
- Other
- $960
- Deferred
- $16,170
- Nontaxable benefits
- $21,341
- Filer's total
- $200,171
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$15,000
GENERAL SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · TO SUPPORT THE U.S. CHINA BUSINESS COUNCIL · DE
Directly controlled by US CHINA BUSINESS COUNCIL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349308295
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.