Executive Compensation at the Chamber of Commerce of the US (2021)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $204 million in 2021 (compared to $230 million in 2020 and $173 million in 2019), primarily from contributions, gifts and grants with less than $5 million coming from membership dues). Expenses totaled $192 million (94% of revenue), with the largest expenses reported to be compensation, fees for services, office-related expenses, and advertising), leaving $12 million allocated to the general fund. An $18 million adjustment for pension liability allowed USCOC to close the year with $63 million in net assets, compared to $32 million at the beginning of the year. Read more 
Executive Compensation at the Chamber of Commerce of the US (2020)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $230 million in 2020 (compared to $173 million in 2019), primarily from contributions, gifts and grants with only $5 million coming from membership dues) and historically spent what they raised but in 2020, expenses totaled $169 million (primarily compensation, fees for services, office-related expenses, and advertising), leaving $60 million allocated to the general fund (which eliminated the negative net asset position (-$24 million) and allowed USCOC to close the year with $32 million in net assets. Read more
Executive Compensation at the Chamber of Commerce of the US (2019)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raises about $170 million annually (primarily from contributions, gifts and grants with only $5 million coming from membership dues) and spends what it receives. In fact, the USCOC has a negative net asset position (-$24 million) which is an important consideration when the 10 most highly compensated employees received $24 million in compensation in 2019. In addition, USCOC paid for first class and charter travel, companion travel, health or social club dues or initiation fees, and for personal services (i.e. maid, chauffeur, chef). Read more
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