World Trade Centers Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132644507 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is World Trade Centers Association Inc?

World Trade Centers Association Inc, headquartered in New York, NY, is a nonprofit organization dedicated to facilitating global connections and trade opportunities. Their mission involves promoting world trade through a network of World Trade Centers established worldwide. The association provides resources, events, and programs for its membership, including the Annual General Assembly and Member Forum. In 2022, these events were held virtually, offering networking opportunities and educational content via an AI-powered platform. The Association aims to enhance the World Trade Center network, fostering prosperity through international trade. With a team of 15 employees, they continue to work towards their mission, connecting businesses and promoting global trade.


Official website here: www.wtca.org

Is World Trade Centers Association Inc legitimate?

World Trade Centers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. World Trade Centers Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,499,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,660

For more financial information, click here


Official website here: www.wtca.org

What is the mission statement of World Trade Centers Association Inc?

The World Trade Centers Association Inc's mission is centered around promoting global trade. They aim to achieve this by fostering a network of World Trade Centers established in various cities worldwide. The organization's mission is to enhance the World Trade Center brand and foster prosperity through trade. The World Trade Centers Association (WTCA) provides resources, events, and programs to its membership, facilitating connections and trade and investment opportunities worldwide. In 2022, they organized flagship events such as the General Assembly and Member Forum, offering virtual and hybrid opportunities for training, education, and networking, stimulating global connections and raising the visibility of their brand.


Official website here: www.wtca.org

What is the revenue of World Trade Centers Association Inc?

World Trade Centers Association Inc's revenue in 2023 was $6,402,722.


Official website here: www.wtca.org

Who are the executives of World Trade Centers Association Inc and what are their salaries?

The average compensation at World Trade Centers Association Inc during 2023 was $139,980. There are 13 employees and 25 volunteers at World Trade Centers Association Inc.

Here are 34 key members and their salaries:


John Drew (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luciano Menezez (Vice Chair & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Remy Swaab (Vice Chair & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ghazi Abu Nahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Togbe Afede Xiv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Allison-Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Barrios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Center (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ignacio Del (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolf Draak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mehran Eftekhar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freerk Faber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Gerwitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irmohizam Ibrahim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vijay Kalantri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haluk Kanca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela D Pascual (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugenio Reyes Guzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristina Sbaizero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Shen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahmed Tibaoui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khair Ull-Nissa Sheikh (Director, Thru Sept 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vineet Verma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Wang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Perry (General Counsel)
  • Compensation: $274,992
  • Related: $0
  • Other: $70,815
Crystal Edn (Executive Dir-Member Services)
  • Compensation: $171,207
  • Related: $0
  • Other: $29,606
Robin Van Puyenbroeck (Executive Dir-Business Devlmt)
  • Compensation: $299,884
  • Related: $0
  • Other: $74,185
Scott Richie (Secretary To The Board)
  • Compensation: $180,549
  • Related: $0
  • Other: $48,009
Zachary Wells (Financial Controller)
  • Compensation: $9,093
  • Related: $0
  • Other: $714
Clark Lackert (Deputy General Counsel)
  • Compensation: $156,145
  • Related: $0
  • Other: $9,375
Scott Wang (Vp, Asia-Pacific)
  • Compensation: $166,524
  • Related: $0
  • Other: $39,171
Chanelle Dimalanta (Sr. Communications Manager)
  • Compensation: $103,600
  • Related: $0
  • Other: $6,398
Jerry Hafeez (Accounting Manager, Thru Sept 2023)
  • Compensation: $100,347
  • Related: $0
  • Other: $61,301


Official website here: www.wtca.org

Where can I find the form 990 for World Trade Centers Association Inc?

World Trade Centers Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wtca.org

Learn more at the official website: www.wtca.org

Mission Statement of World Trade Centers Association Inc

The World Trade Centers Association Inc, with a mission to promote global trade, strives to foster a worldwide network of World Trade Centers. This organization aims to enhance prosperity through trade by promoting its member World Trade Center businesses and their client networks. Their primary objective is to facilitate connections and trade and investment opportunities on a global scale. The Association achieves this through maintaining and developing resources, events, and programs for its membership, thereby strengthening the World Trade Centers brand. In doing so, they aim to promote trade and investment opportunities worldwide. Their activities, such as the General Assembly and Member Forum, provide networking opportunities, training, and educational sessions, thereby stimulating global connections and raising the visibility of the World Trade Centers Association Brand.

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Impact




October, 2024

The World Trade Centers Association Inc. significantly enhances global trade by fostering a robust network of World Trade Centers in cities worldwide. Its core mission revolves around promoting prosperity through trade, forging connections, and creating investment opportunities. In 2022, the Association convened key events such as the General Assembly and the Member Forum, attracting representatives from its extensive global membership.

The General Assembly offered a fully virtual experience, utilizing an AI-powered matchmaking platform that facilitated effective B2B meetings, enabling businesses to connect and explore collaborative opportunities. Meanwhile, the Member Forum provided a hybrid platform where in-person attendees in New York engaged with members and renowned experts through keynotes, panels, and workshops designed to enhance training and education. These initiatives not only equipped members with valuable knowledge but also elevated the visibility of the World Trade Centers brand, reinforcing its role in international commerce.

Through these efforts, the World Trade Centers Association drives community improvement by providing a structured environment for businesses to thrive, encourages the sharing of resources and best practices, and ultimately contributes to a more interconnected global economy.




This information is meant to be a general summary of World Trade Centers Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,402,722 (2023)
Expenses
$6,949,880 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $460,775
  • Program Service Revenue: $5,730,060
  • Gross Receipts: $8,624,291

Assets and Liabilities:

  • Total Assets: $23,512,294
  • Total Liabilities: $1,999,645
  • Net Assets: $21,512,649

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$3,985,060

LICENSES FEES

Revenue

$1,695,000

OPTIONS FEES

Revenue

$50,000

Organization Details

Founding Year

1969

Principal Officer

James T Perry

NTEE Category

Code: S41 - Community improvement

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