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Finnish American Chamber Of Commerce Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$147k (2023)

Expenses
$147k (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending April
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$146,777
Expenses
$146,810
Net Income
-$33
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $50,965
34.7%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
Marko Salonen (Executive Director) $60,000 $0
Kati Kaivonen (Chairman & President) $0 $0
Steven Tseng (Vice President) $0 $0
George Caraberis (Director) $0 $0
Kenneth Ramos (Director) $0 $0
Erno Tauriainen (Director) $0 $0
Neal Beaton (Director) $0 $0
Michael Student (Director) $0 $0
Emma Aer (Vice President) $0 $0
Arthur Borges (Director) $0 $0

Document Links

Fiscal Year Ending April
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$148,712
Expenses
$142,495
Net Income
$6,217
Net Assets
$17,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $50,965
34.3%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $17,938
Total Liabilities $0
Net Assets $17,938
Compensation
Key Employees and Officers Compensation Other
Marko Salonen (Executive Director) $60,000 $0
Kati Kaivonen (Chairman & President) $60,000 $0
Emma Aer (Vice President) $0 $0
Steven Tseng (Vice President) $0 $0
George Caraberis (Director) $0 $0
Kenneth Ramos (Director) $0 $0
Erno Tauriainen (Director) $0 $0
Neal Beaton (Director) $0 $0
Michael Student Sullivan (Director) $0 $0
Arthur Borges (Director) $0 $0

Document Links

Fiscal Year Ending April
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$88,194
Expenses
$81,604
Net Income
$6,590
Net Assets
$15,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $87,586
99.3%
Program Services $608
0.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
73.5%
Professional Fundraising Fees $10,000
12.3%
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,169
Total Liabilities $10
Net Assets $15,159
Compensation
Key Employees and Officers Compensation Related Other
Marko Salonen (Executive Director) $60,000 $0 $0
Kati Kaivonen (Chairman & President) $0 $0 $0
Emma Aer (Vice President) $0 $0 $0
Steven Tseng (Vice President) $0 $0 $0
George Caraberis (Director) $0 $0 $0
Kenneth Ramos (Director) $0 $0 $0
Erno Tauriainen (Director) $0 $0 $0
Neal Beaton (Director) $0 $0 $0
Michael Student Sullivan (Director) $0 $0 $0
Arthur Borges (Director) $0 $0 $0

Document Links

Fiscal Year Ending April
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$74,107
Expenses
$81,691
Net Income
-$7,584
Net Assets
$8,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $52,082
70.3%
Program Services $22,025
29.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $59,854
73.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,579
Total Liabilities $10
Net Assets $8,569

Document Links

Fiscal Year Ending April
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$74,014
Expenses
$79,446
Net Income
-$5,432
Net Assets
$16,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,959
58.0%
Program Services $31,055
42.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,397
76.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,164
Total Liabilities $10
Net Assets $16,154

Document Links

Fiscal Year Ending April
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$143,132
Expenses
$148,593
Net Income
-$5,461
Net Assets
$21,586
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,291
28.8%
Program Services $101,841
71.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $51,412
34.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,596
Total Liabilities $10
Net Assets $21,586

Document Links

Fiscal Year Ending April
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$124,206
Expenses
$128,893
Net Income
-$4,687
Net Assets
$27,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $38,489
31.0%
Program Services $85,717
69.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $38,207
29.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $29,606
Total Liabilities $2,560
Net Assets $27,046

Document Links

Fiscal Year Ending April
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,092
Expenses
$102,618
Net Income
-$2,526
Net Assets
$42,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $31,330
31.3%
Program Services $68,762
68.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,489
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42,934
Total Liabilities $325
Net Assets $42,609

Document Links

Fiscal Year Ending April
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,393
Expenses
$82,668
Net Income
-$4,275
Net Assets
$54,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,450
51.6%
Program Services $37,853
48.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,835
Total Liabilities $0
Net Assets $54,835

Document Links

Fiscal Year Ending April
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,799
Expenses
$80,202
Net Income
$597
Net Assets
$59,909
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,130
37.3%
Program Services $50,669
62.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,909
Total Liabilities $0
Net Assets $59,909

Document Links

Fiscal Year Ending April
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69,676
Expenses
$78,389
Net Income
-$8,713
Net Assets
$59,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,560
39.6%
Program Services $42,116
60.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,042
Total Liabilities $0
Net Assets $59,042

Document Links

Fiscal Year Ending April
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,017
Expenses
$76,264
Net Income
$3,753
Net Assets
$67,755
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,060
48.8%
Program Services $40,957
51.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $67,755
Total Liabilities $0
Net Assets $67,755

Document Links

Fiscal Year Ending April
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,127
Expenses
$75,911
Net Income
$216
Net Assets
$64,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,614
46.8%
Program Services $40,513
53.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $64,902
Total Liabilities $900
Net Assets $64,002

Document Links

Fiscal Year Ending April
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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