Overview
What is International Reciprocal Trade Asso?
The International Reciprocal Trade Association, situated in Irvington, Virginia, is a nonprofit organization with a mission to educate, self-regulate, and facilitate government relations within the contemporary trade and barter industry. With a modest team of two dedicated individuals, this organization works tirelessly to promote understanding, establish guidelines, and foster connections between various sectors of the modern trade and barter market.
Is International Reciprocal Trade Asso legitimate?
International Reciprocal Trade Asso is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Reciprocal Trade Asso 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $71,769
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What is the mission statement of International Reciprocal Trade Asso?
The International Reciprocal Trade Association's mission is centered around providing education, self-regulation, and advocacy in the realm of modern trade and barter industry. They aim to foster a responsible and well-informed sector by offering educational resources. Additionally, they promote self-regulation within the industry to ensure ethical practices are upheld. Furthermore, their activities extend to engaging with government bodies to advocate for the interests of the modern trade and barter industry.
What is the revenue of International Reciprocal Trade Asso?
International Reciprocal Trade Asso's revenue in 2023 was $241,123.
Who are the executives of International Reciprocal Trade Asso and what are their salaries?
The average compensation at International Reciprocal Trade Asso during 2023 was $35,884. There are 2 employees at International Reciprocal Trade Asso.
Here are 11 key members and their salaries:
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Where can I find the form 990 for International Reciprocal Trade Asso?
International Reciprocal Trade Asso's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of International Reciprocal Trade Asso
The International Reciprocal Trade Association, in its mission, seeks to offer education, self-regulation, and foster strong government relations for the contemporary trade and barter industry. This organization's primary goal is to ensure the modern trade and barter sector operates effectively and ethically, guided by a set of self-imposed rules and regulations. Additionally, the International Reciprocal Trade Association focuses on establishing and maintaining positive relationships with governmental bodies, aiming to create a conducive legal environment for the growth and prosperity of the trade and barter industry.
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Impact
October, 2024
The International Reciprocal Trade Association (IRTA) plays a significant role in shaping the modern trade and barter industry. By focusing on education, self-regulation, and government relations, IRTA enhances the legitimacy and effectiveness of barter systems.
Through educational initiatives, IRTA equips its members and the broader industry with essential knowledge about best practices, compliance issues, and innovative trading strategies. This fosters a more informed community that can navigate the complexities of trade and barter more effectively.
Self-regulation promoted by IRTA establishes ethical standards within the industry, helping to build trust among participants. This encourages responsible practices, thus enhancing the overall reputation of barter as a viable economic alternative.
Moreover, IRTA’s engagement with government relations ensures that the interests of its members are represented, aiding in the development of favorable policies that support barter and trade. By advocating for responsible practices and legislation, IRTA positions the industry for sustainable growth and integration within the broader economic landscape.
Overall, the impact of IRTA extends beyond its immediate membership, contributing to community improvement and the evolution of commerce in a more interconnected world.
This information is meant to be a general summary of International Reciprocal Trade Asso. 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 2023.
- Gross Receipts: $320,698
Assets and Liabilities:
- Total Assets: $7,384
- Total Liabilities: $37,769
- Net Assets: -$30,385
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Organization Details
Founding Year
1979
Principal Officer
Ron Whitney
NTEE Category
Code: S41 - Community improvement
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