Busacc

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

See attached schedule o

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 32-0099085) · Dispute this line
52¢ of each $1 spent went to programs.
$341K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $82K a year · 6% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
52%
of spending
52% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$341K
to officers and key staff · 16% of spending
Pay to officers and key staff is 16% of spending.
Part VII, Section A
6.7 mo
of spending, in cash
6.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$95K
8% of total assets
Liabilities are 8% of assets.
Pt X · Ln 26
Independent board members
3
of 5 voting members
3 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.8M
+90% vs prior year
Spent
$2.2M
To programs
52%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$2.8M
FY2024▲ +90%
Tap a bar for its year
Revenue by fiscal year
FY2020$806K
FY2021$679K
FY2022$1.2M
FY2023$1.5M
FY2024$2.8M
Expenses
$2.2M
FY2024▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$794K
FY2021$890K
FY2022$1.2M
FY2023$1.5M
FY2024$2.2M
Net assets
$1.1M
FY2024▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$833K
FY2022$852K
FY2023$943K
FY2024$1.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

52 cents of each dollar spent went to programs.

Program services 52% · $1.1M Management & general 26% · $571K Fundraising 21% · $466K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990; $341K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President
$291,959Pt VII · Sec A
Chairman of the Board
$49,463Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member & Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Aida Araissi$291,959$309,946$301,755$280,922$288,970
David L Phillips$49,463$60,455$39,838$43,966$31,813
Vranae Pavlich————$37,500
Eliza Chon————$35,654

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Busacc executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Busacc is a business league or trade association based in Houston, TX.

Questions for Busacc

Tap to ask. Busacc sees how many people are interested.

Your first name shows with your question. Busacc answers here, for everyone.

3 programs · $1.5M · in their own filed words · FY2024
01

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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 32-0099085) · Dispute this line
$1.5Mprogram expense
02

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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 32-0099085) · Dispute this line
Pt IX · Ln 25 · col B
03

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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 32-0099085) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$21K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.1M
Managementcol C$571K
Fundraisingcol D$466K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$95K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$21K
Other incomeLn 4–11$3
Gains on assetsLn 7−$6K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$1.2M
Cash and savings togetherLn 1–2$1.2M
Other assetsLn 15$9K
Total assetsLn 16$1.2M
LiabilitiesLn 26$95K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 59
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$1.2M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$6K$0
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$162K$95K
Net assetsLn 32$943K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$325K$163K$81K$81K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$356K$178K$89K$89K
Pension plan contributionsLn 8$18K$18K
Other employee benefitsLn 9$27K$27K
Payroll taxesLn 10$44K$22K$11K$11K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$350$350
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$30K$30K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$1.0M$501K$251K$251K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$97K$97K
InterestLn 20$133$133
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$305$305
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$3K−$4K$6K$1K
All other expensesLn 24e$272K$183K$55K$33K
Total functional expensesLn 25$2.2M$1.1M$571K$466K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $2.8M$2.2M$612K$1.1M 990 PDF
FY2023Filed with the IRS Jan 27, 2025 $1.5M$1.5M−$22K$943K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $1.2M$1.2M$19K$852K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $679K$890K−$210K$833K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $806K$794K$12K$1.0M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2024 990
Part I · Summary $2,788,552 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $742,640$1,357,535
I-9 Program service revenuePrior year $714,332$1,410,383
I-10 Investment incomePrior year $7,488$20,631
I-11 Other revenuePrior year $250$3
I-12 Total revenuePrior year $1,464,710$2,788,552
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $776,466$770,117
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $709,791$1,406,301
I-18 Total expensesPrior year $1,486,257$2,176,418
I-19 Revenue less expensesPrior year −$21,547$612,134
Part VI · Governance 3 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $2,788,552 across 10 lines filed
VIII-1b Membership dues$1,357,535
VIII-1h Total contributions, gifts and grants$1,357,535
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,410,383$1,410,383
VIII-3 Investment incomeRelated to mission $26,439$26,439
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets−$5,808
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3$3
VIII-12 Total revenueRelated to mission $1,436,825$2,788,552
Part IX · Statement of functional expenses $2,176,418 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $162,708 · Management $81,354 · Fundraising $81,354$325,416
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $177,904 · Management $88,952 · Fundraising $88,952$355,808
IX-8 Pension plan contributionsManagement $18,199$18,199
IX-9 Other employee benefitsManagement $26,739$26,739
IX-10 Payroll taxesPrograms $21,977 · Management $10,989 · Fundraising $10,989$43,955
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $350$350
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $30,389$30,389
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $501,172 · Management $250,586 · Fundraising $250,586$1,002,344
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $96,747$96,747
IX-20 InterestManagement $133$133
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $305$305
IX-23 InsuranceManagement $1,563$1,563
IX-24 Other expenses (24a–d)Programs −$4,375 · Management $5,849 · Fundraising $1,462$2,936
IX-24e All other expensesPrograms $183,378 · Management $55,262 · Fundraising $32,894$271,534
IX-25 Total functional expensesPrograms $1,139,511 · Management $570,670 · Fundraising $466,237$2,176,418
Part X · Balance sheet $1,227,882 assets, 31 lines filed
X-1 Cash, non-interest-bearingStart of year $1,079,653$1,218,695
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $9,390$0
X-10c Land, buildings and equipment, netStart of year $6,106$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $9,187$9,187
X-16 Total assetsStart of year $1,104,336$1,227,882
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $161,663$95,475
X-26 Total liabilitiesStart of year $161,663$95,475
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $112,604$112,604
X-31 Retained earnings or endowmentStart of year $830,069$1,019,803
X-32 Total net assets or fund balancesStart of year $942,673$1,132,407
X-33 Total liabilities and net assetsStart of year $1,104,336$1,227,882
Part XI · Reconciliation of net assets $1,132,407 net assets at year end
XI-1 Total revenue$2,788,552
XI-2 Total expenses$2,176,418
XI-3 Revenue less expenses$612,134
XI-4 Net assets at start of year$942,673
XI-8 Prior period adjustments−$422,400
XI-10 Net assets at end of year$1,132,407

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.