EIN 32-0099085

Busacc

IRS 501(c) type
501(c)(6)
Num. employees
9
State
Year formed
2004
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Busacc promotes U.S. exports globally through business and education advocacy programs and serves as an official contractor for the U.S. Trade and Development Agency (USTDA). As a bilateral chamber, Busacc organizes trade conferences and missions to promote economic development for U.S. companies worldwide. It also holds small business workshops, ambassador series, and leadership seminars for members to discuss trade and commerce with government leaders from different countries. Busacc is located in Houston, TX.
Also known as...
The Bilateral Chamber
Total revenues
$1,214,938
2022
Total expenses
$1,196,333
2022
Total assets
$898,278
2022
Num. employees
9
2022

Program areas at Busacc

As a bilateral chamber, Busacc organizes trade conferences as well as inbound and outbound trade missions to promote economic development and exports for u.s. companies globally. Busacc serves as an official contractor for the ustda to lead the inbound trade missions from all parts of the world into the united states to promote u.s. exports in regions of economic interests to the u.s. our trade missions promote inbound investments into the u.s. and foster u.s. exports in multiple sectors including infrastructure development, transportation, communications, petroleum industries, renewable energy, travel, tourism, health services, and various others.
Busacc advocates trade relations between the u.s. and our global u.s. trading partner countris abroad through a variety of export assistance programs. The programs provide expertise on emerging markets and their trade policies. Busacc is recognized by embassies globally to certify documents pertaining to trade and export of goods from the u.s. to our global u.s. trading partner countries abroad.
Busacc organizes conferences, programs, & seminars through its small business workshop series, ambassador series, and leadership series for members to discuss trade, industry, & commerce with business and government leaders from the u.s. and our global u.s. trading partner countries abroad. These events allow our business members to network with influential business leaders and with each other and to learn how to export to emerging markets.

Personnel at Busacc

NameTitleCompensation
Aida AraissiPresident$301,755
David L PhillipsChairman of the Board$39,838
Vranae PavlichVice President$37,500

Financials for Busacc

RevenuesFYE 12/2022
Total grants, contributions, etc.$565,166
Program services$638,610
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,162
Total revenues$1,214,938

Form 990s for Busacc

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122020-12-11990View PDF
2018-122020-02-19990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 20, 2023
Used new vendors
Identified 1 new vendor, including
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizations
Issues
Business and industry
Characteristics
MembershipsState / local level
General information
Address
PO Box 571870
Houston, TX 77257
Metro area
Houston-The Woodlands-Sugar Land, TX
Website URL
bilateralchamber.org/ 
Phone
(713) 880-8168
Facebook page
bilateralusarabchamberofcommerce 
Twitter profile
@bilateralusarab 
IRS details
EIN
32-0099085
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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