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World Trade Center Association Los Angeles - Long Beach

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

EIN: 330190964 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is World Trade Center Association Los Angeles - Long Beach?

World Trade Center Association Los Angeles - Long Beach, based in Los Angeles, California, serves as an educational and consulting entity aimed at enhancing global trade and commerce in the region. Their mission involves attracting foreign direct investment and facilitating trade for both international companies looking to establish or expand operations in Los Angeles, as well as local companies seeking to export their products and services internationally. To achieve this, they offer a variety of resources, including a library of trade publications, educational programs and seminars, translation services, and promoting positive public relations. The association's primary objective is to foster economic growth and international cooperation within the Los Angeles region.


Official website here: www.laedc.org

Is World Trade Center Association Los Angeles - Long Beach legitimate?

World Trade Center Association Los Angeles - Long Beach is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Trade Center Association Los Angeles - Long Beach 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.laedc.org

What is the mission statement of World Trade Center Association Los Angeles - Long Beach?

The World Trade Center Association Los Angeles-Long Beach is committed to attracting foreign direct investment to the region and facilitating trade. They offer business assistance to international companies looking to establish or expand operations in the area, as well as to local companies aiming to export their products and services internationally. The association's purpose includes educating and providing consulting services to improve world trade and international commerce, offering a library of trade publications, educational programs, translation services, and promoting positive public relations.


Official website here: www.laedc.org

Who is the CEO of World Trade Center Association Los Angeles - Long Beach?

William C Allen is the CEO of World Trade Center Association Los Angeles - Long Beach The CEO's salary of World Trade Center Association Los Angeles - Long Beach is $0 and their total compensation is $0.


Official website here: www.laedc.org

What is the revenue of World Trade Center Association Los Angeles - Long Beach?

World Trade Center Association Los Angeles - Long Beach's revenue in 2024 was $237,400.


Official website here: www.laedc.org

Who are the executives of World Trade Center Association Los Angeles - Long Beach and what are their salaries?

There are 4 employees and 109 volunteers at World Trade Center Association Los Angeles - Long Beach.

Here are 4 key members and their salaries (World Trade Center Association Los Angeles - Long Beach's CEO's salary is $0 and their total compensation is $0):


William C Allen (Ceo (Until 1/3/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Cheung (President And Ceo)
  • Compensation: $0
  • Related: $395,000
  • Other: $40,192
Kendal R Turner (Exec. Vice Pres./Cfo)
  • Compensation: $0
  • Related: $264,710
  • Other: $34,167
Ron Frierson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laedc.org

Where can I find the form 990 for World Trade Center Association Los Angeles - Long Beach?

World Trade Center Association Los Angeles - Long Beach's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.laedc.org

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

Mission Statement of World Trade Center Association Los Angeles - Long Beach

The World Trade Center Association Los Angeles - Long Beach is committed to attracting foreign direct investment to the Los Angeles region and facilitating trade. This organization offers business assistance to international companies looking to establish or expand operations in Los Angeles, as well as to local companies aiming to export their products and services to international markets. To achieve its mission, the World Trade Center Association Los Angeles - Long Beach provides various resources and services, such as a library of trade publications and other information services, educational programs and seminars on trade and international business, translation services, and promotes good public relations. The association's primary goal is to improve world trade and international commerce in the region by offering these valuable tools and opportunities.

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Impact




October, 2024

The World Trade Center Association Los Angeles - Long Beach (WTCLA) plays a vital role in enhancing the economic landscape of the Los Angeles region by facilitating international trade and attracting foreign direct investment. Through its dedicated efforts, WTCLA assists international companies looking to establish or expand their operations in Los Angeles, fostering an environment conducive to business growth and economic development.

By providing critical business assistance and resources, WTCLA helps local companies navigate the complexities of exporting their products and services to global markets. This not only boosts local businesses but also strengthens the overall economy by creating jobs and increasing competitiveness.

WTCLA addresses the need for education and information sharing by offering seminars and educational programs focused on international business and trade. This helps local businesses and foreign investors gain insights into market trends, regulations, and best practices, further enhancing their capacity to engage in international commerce.

Moreover, WTCLA promotes good public relations and cultivates a network of relationships that help facilitate trade interactions. The organization’s library of trade publications and information services serves as a valuable resource for businesses seeking to understand and thrive in the global marketplace.

Overall, WTCLA’s impactful programs and services contribute significantly to improving world trade and international commerce in the region, helping Los Angeles maintain its status as a global business hub.




This information is meant to be a general summary of World Trade Center Association Los Angeles - Long Beach. 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
$237,400 (2024)
Expenses
$540,808 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $41,500
  • Gross Receipts: $237,400

Assets and Liabilities:

  • Total Assets: $842,079
  • Total Liabilities: $895,557
  • Net Assets: -$53,478

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Programs

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

SERVICE CONTRACTS

Revenue

$41,500

Organization Details

Founding Year

1986

Principal Officer

Kendal Turner

NTEE Category

Code: S30 - Community improvement

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