TY 2018 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) Marie Laumont......................................................................
Executive Director

40.00
.................

15,215

(2) Henriette Ostrzega......................................................................
Executive Director

30.00
.................

28,500

(3) Pascal Goutex......................................................................
President

1.00
.................

(4) Richard Taylor......................................................................
Treasurer

1.00
.................

(5) Mary Smith......................................................................
Treasurer

1.00
.................

(6) Bertrand Lapoire......................................................................
Vice President

1.00
.................

(7) Philip Bolton......................................................................
Vice President

1.00
.................

(8) Jacques Marcotte......................................................................
Secretary

1.00
.................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

French American Chamber of Commerce

Employer identification number

58-1651059

Return Reference	Explanation
Form 990, Part VI, Section B, line 11b	The French American Chamber of Commerce requires that it's board members review Form 990 before it is filed with the IRS.
Form 990, Part VI, Section B, line 15	Compensation for top officers and key employees in the organization is determined based on a review of comparable compensation paid to officers in similar organizations according to current practices in the marketplace.
Form 990, Part VI, Section C, line 19	The Organization makes all documents available to the public upon request.
Form 990, Part IX, line 11g	Beaujolais Nouveau Cost: Program service expenses 18,735. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,735. Crystal Peach Awards Cost: Program service expenses 5,891. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,891. Summer Champagne Cost: Program service expenses 1,283. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,283. Other Events Cost: Program service expenses 10,819. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,819. Payroll Fees: Program service expenses 0. Management and general expenses 1,362. Fundraising expenses 0. Total expenses 1,362. Bank Fees: Program service expenses 0. Management and general expenses 3,887. Fundraising expenses 0. Total expenses 3,887. Dues and Subscriptions: Program service expenses 0. Management and general expenses 2,828. Fundraising expenses 0. Total expenses 2,828. Postage: Program service expenses 0. Management and general expenses 146. Fundraising expenses 0. Total expenses 146. Licenses: Program service expenses 0. Management and general expenses 30. Fundraising expenses 0. Total expenses 30.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: Promote business relationships between the United States and France
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	22
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	21
5	Total number of individuals employed in calendar year 2018 (Part V, line 2a) ......	5	2
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	82,213	67,292
9	Program service revenue (Part VIII, line 2g) .........	9,834	87,986
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	30,398	5,720
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	122,445	160,998
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	87,491	87,998
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	57,018	90,837
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	144,509	178,835
19	Revenue less expenses. Subtract line 18 from line 12.......	-22,064	-17,837
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	56,346	28,836
21	Total liabilities (Part X, line 26).............	0	0
22	Net assets or fund balances. Subtract line 21 from line 20.....	56,346	28,836

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 18,735 including grants of $ ) (Revenue $ 44,494 )
	This annual event occurs in November for the purpose of promoting the French culture. It also promotes social and business relationships in the state of Georgia.

4b	(Code: ) (Expenses $ 5,891 including grants of $ ) (Revenue $ 11,870 )
	The Crystal Peach Awards recognize the most significant investments outbound from France to the the Southeast of U.S. and viceversa. It attracts business leaders and public figures from France, the Southeast of U.S. and beyond.

4c	(Code: ) (Expenses $ 1,283 including grants of $ ) (Revenue $ 13,706 )
	This annual event occurs in June for the purpose of promoting French culture. It promotes social and business relationships in the state of Georgia.

	(Code: ) (Expenses $ 10,819 including grants of $ ) (Revenue $ 17,916 )
	Other events, cocktails for networking

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 10,819 including grants of $ ) (Revenue $ 17,916 )
4e	Total program service expenses36,728

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	43,715	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b	67,292
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$
h Total. Add lines 1a-1f.......		67,292

		Business Code
2a	Beaujolais Nouveau	900099	44,494	44,494
b	Other Events	900099	17,916	17,916
c	Summer Champagne	900099	13,706	13,706
d	Crystal Peach Awards	900099	11,870	11,870
e
f	All other program service revenue.
g	Total. Add lines 2a–2f ....		87,986

3 Investment income (including dividends, interest, and othersimilar amounts) ......
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	Commissions		900099	5,550	5,550
b	Advertising/ Job Posti		900099	170	170
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			5,720
12	Total revenue. See Instructions......			160,998	93,706	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to domestic individuals. See Part IV, line 22
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16.
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	77,971		77,971
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	3,605		3,605
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........	6,422		6,422
11	Fees for services (non-employees):
a	Management ......	875		875
b	Legal .........
c	Accounting ...........	3,694		3,694
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	44,981	36,728	8,253
12	Advertising and promotion ....	793		793
13	Office expenses .......	2,882		2,882
14	Information technology ......	7,893		7,893
15	Royalties ..
16	Occupancy ...........	14,194		14,194
17	Travel ............	5,818		5,818
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Miscellaneous Expenses	8,219		8,219
b	Meals and Entertainment	1,488		1,488
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	178,835	36,728	142,107	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........		54,893	1	28,836
2	Savings and temporary cash investments .........			2
3	Pledges and grants receivable, net ......			3
4	Accounts receivable, net .............			4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L .............
				5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L ..............
				6
7	Notes and loans receivable, net ....			7
8	Inventories for sale or use ........			8
9	Prepaid expenses and deferred charges ......			9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation	10b		10c
11	Investments—publicly traded securities .			11
12	Investments—other securities. See Part IV, line 11 .....			12
13	Investments—program-related. See Part IV, line 11 ..			13
14	Intangible assets ...............			14
15	Other assets. See Part IV, line 11 ...........		1,453	15
16	Total assets. Add lines 1 through 15 (must equal line 34)...		56,346	16	28,836

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	0	26	0

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	56,346	27	28,836
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	56,346	33	28,836
34	Total liabilities and net assets/fund balances ........	56,346	34	28,836