Overview
What is American Watch Association Inc?
American Watch Association Inc, established in New York, is a nonprofit organization dedicated to representing the U.S. watch industry. Its primary focus lies in advocating for its member companies and the industry as a whole, engaging in legislative and regulatory issues at both federal and state levels. The organization has allocated a significant portion of its resources to addressing concerns related to trade, anti-counterfeiting, hazardous materials, button cell batteries, trademark protection, and certain tax matters. By doing so, the American Watch Association Inc plays a crucial role in safeguarding the interests of the watch industry, ensuring fair trade practices and consumer protections.
Official website here: www.americanwatchassociation.com
Is American Watch Association Inc legitimate?
American Watch Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Watch 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.
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Official website here: www.americanwatchassociation.com
What is the mission statement of American Watch Association Inc?
The American Watch Association Inc serves as an advocacy group, primarily focusing on its member companies and the watch industry as a whole. Their primary concerns this year revolved around anti-counterfeiting measures, trade, and consumer protections. The organization actively works on legislative and regulatory issues at both the federal and state levels, devoting a significant portion of its resources and efforts towards government relations. Specifically, they addressed trade-related matters, anti-counterfeiting measures, hazardous materials, button cell batteries, trademark protection, and certain tax issues.
Official website here: www.americanwatchassociation.com
What is the revenue of American Watch Association Inc?
American Watch Association Inc's revenue in 2024 was $251,716.
Official website here: www.americanwatchassociation.com
Who are the executives of American Watch Association Inc and what are their salaries?
There 25 volunteers at American Watch Association Inc.
Here are 12 key members and their salaries:
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Official website here: www.americanwatchassociation.com
Where can I find the form 990 for American Watch Association Inc?
American Watch Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.americanwatchassociation.com
Learn more at the official website: www.americanwatchassociation.com
Mission Statement of American Watch Association Inc
The American Watch Association, Inc., acts as a representative for its member companies and the watch industry as a whole. Its primary focus this year has been on advocating for anti-counterfeiting measures, trade, and consumer protections. The organization dedicates a significant portion of its resources, approximately 85%, towards government relations at both the federal and state levels. By doing so, it aims to address issues such as trade concerns, anti-counterfeiting, hazardous materials, button cell batteries, trademark protection, and certain tax matters that are significant to its member companies.
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Impact
October, 2024
The American Watch Association Inc plays a crucial role in advocating for the interests of the U.S. watch industry, directly influencing legislative and regulatory frameworks that affect member companies. By focusing on issues such as anti-counterfeiting measures, trade, and consumer protections, it helps to maintain the integrity and competitiveness of the watch market.
The association dedicates a significant portion of its resources—85%—to government relations at both federal and state levels. This intensive focus on dialogue with policymakers enables the watch industry to address critical challenges like trademark protection, hazardous materials regulation, and the management of button cell batteries.
Through these efforts, the American Watch Association not only safeguards the interests of its members but also contributes to the broader goal of enhancing consumer confidence in the watch industry. By ensuring that trade policies are favorable and that counterfeit products are combatted, the association protects both businesses and consumers, ultimately fostering a more secure and vibrant market for watches.
This information is meant to be a general summary of American Watch 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $9,530
- Program Service Revenue: $242,186
- Gross Receipts: $251,716
Assets and Liabilities:
- Total Assets: $389,980
- Total Liabilities: $137,439
- Net Assets: $252,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$242,186
Organization Details
Founding Year
2002
Principal Officer
David Perlman
NTEE Category
Code: S41 - Community improvement
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