Overview
What is World Market Place Inc?
World Market Place Inc, operating under the name Ten Thousand Villages, is a nonprofit organization based in Asheville, North Carolina. Their primary mission is to provide a platform for artisans in developing countries, ensuring they earn a fair living wage for their handcrafted items. By operating a crafts store in Asheville, they distribute these unique products, fostering long-term, fair trading relationships. Ten Thousand Villages, a founding member of the World Fair Trade Organization, has been active for over 70 years, impacting the lives of over 20,000 makers in 30 countries. By prioritizing ethical practices, such as ensuring fair wages and safe working conditions, investing in community partnerships, and celebrating craft and culture, they work towards breaking the cycle of poverty. With a commitment to environmental sustainability, they are a global maker-to-market movement. The organization currently employs 16 individuals.
Official website here: www.tenthousandvillages.com
Is World Market Place Inc legitimate?
World Market Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Market Place 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,862
For more financial information, click here
Official website here: www.tenthousandvillages.com
What is the mission statement of World Market Place Inc?
World Market Place Inc's mission is centered around creating opportunities for artisans in underdeveloped countries. By establishing long-term, fair trading relationships, the organization brings the unique products and stories of these artisans to their markets. In 2022, World Market Place Inc purchased over 361,001.53 worth of inventory from these artisans, ensuring they receive a fair living wage. The company operates as a fair trade retailer, offering artisan-crafted home decor, personal accessories, and gift items from various countries. With a network of over 60 retail outlets across the United States, World Market Place Inc impacts the lives of approximately 20,000 makers in 30 developing countries. A founding member of the World Fair Trade Organization, the organization seeks to establish lasting buying relationships in areas where skilled artisans are under- or unemployed, thereby breaking the cycle of poverty. World Market Place Inc is committed to ethical practices, ensuring that makers earn a fair living wage in safe working conditions, invest in partnerships that empower communities, and celebrate craft and culture.
Official website here: www.tenthousandvillages.com
What is the revenue of World Market Place Inc?
World Market Place Inc's revenue in 2023 was $285,736.
Official website here: www.tenthousandvillages.com
Who are the executives of World Market Place Inc and what are their salaries?
The average compensation at World Market Place Inc during 2023 was $11,347. There are 14 employees and 12 volunteers at World Market Place Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tenthousandvillages.com
Where can I find the form 990 for World Market Place Inc?
World Market Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tenthousandvillages.com
Learn more at the official website: www.tenthousandvillages.com
Mission Statement of World Market Place Inc
World Market Place Inc, a founding member of the World Fair Trade Organization, is dedicated to creating opportunities for artisans in developing countries. By establishing long-term, fair trading relationships, this organization brings unique, handcrafted products from over 130 artisan groups across 30 countries to its markets. The mission of World Market Place Inc is to empower these artisans, ensuring they receive a fair living wage for their work, while providing consumers with access to distinctive handcrafted items.
The organization, which operates as a fair trade retailer, purchased over 361,001.53 units of inventory from these artisans in 2022 alone. By fostering these buying relationships in under-employed or unemployed areas where skilled artisans reside, World Market Place Inc helps break the cycle of poverty and positively impacts the lives of approximately 20,000 makers in 30 developing countries. This global maker-to-market movement is committed to ethical practices, ensuring makers earn a fair living wage in safe working conditions, caring for the environment, investing in partnerships that empower communities, and celebrating craft and culture. World Market Place Inc's mission is to bridge the gap between artisans and consumers, fostering a sustainable and equitable marketplace.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
World Market Place Inc significantly impacts artisans in developing countries by purchasing their handcrafted products and ensuring they receive fair compensation for their work. In 2022 alone, the organization invested over $361,000 in inventory from these artisans, directly benefiting their livelihoods. By establishing enduring and equitable trading relationships, World Market Place Inc helps break the cycle of poverty for approximately 20,000 makers across 30 countries.
The organization operates a crafts store in Asheville, NC, known as Ten Thousand Villages, which showcases a diverse range of home decor, personal accessories, and gift items sourced from more than 130 artisan groups worldwide. This retail outlet is part of a broader network of over 60 stores across the United States, further amplifying its reach and impact.
World Market Place Inc is committed to ethical practices that prioritize fair wages, safe working conditions, and environmental stewardship. Their mission centers on empowering communities through sustainable partnerships that celebrate cultural craftsmanship while providing artisans with essential opportunities for income. Through these initiatives, they create pathways for economic independence and enrich both the makers’ lives and consumers' experiences.
This information is meant to be a general summary of World Market Place 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 2023.
- Investment Income: $879
- Gross Receipts: $573,685
Assets and Liabilities:
- Total Assets: $352,026
- Total Liabilities: $140,135
- Net Assets: $211,891
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1992
Principal Officer
Carol Hughes
Website
www.tenthousandvillages.comNTEE Category
Code: Z99Z - Unknown
If you are a representative of World Market Place Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.