Overview
What is Foreign Trade Zone Of Central Texas?
Foreign Trade Zone of Central Texas is a collaborative initiative between businesses, local cities, and counties situated in Central Texas. This nonprofit entity aims to foster international trade by securing an area within the U.S. that the federal government classifies as beyond U.S. Customs territory. This designation encourages foreign trade activities within this area, located in Austin, TX. Consultants have played a vital role in supporting the organization, assisting with contract negotiations, applications for expanding the foreign trade zone, and boosting attendance at relevant meetings.
Official website here: www.ftzcentraltexas.com
Is Foreign Trade Zone Of Central Texas legitimate?
Foreign Trade Zone Of Central Texas is a legitimate nonprofit organization registered as a 501(c)(6) entity. Foreign Trade Zone Of Central Texas submitted a form 990EZ, 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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Official website here: www.ftzcentraltexas.com
What is the mission statement of Foreign Trade Zone Of Central Texas?
The Foreign Trade Zone of Central Texas is a collaborative initiative involving local businesses, cities, and counties in Central Texas. Its primary mission, overseen by the federal government, is to designate a specific area as outside of U.S. Customs territory to stimulate international trade. This arrangement allows for various benefits, such as tax deferment and duty exemption, to attract foreign commerce. Consultants have been instrumental in securing contracts, expanding the foreign trade zone, and increasing participation at related meetings.
Official website here: www.ftzcentraltexas.com
What is the revenue of Foreign Trade Zone Of Central Texas?
Foreign Trade Zone Of Central Texas's revenue in 2023 was $95,383.
Official website here: www.ftzcentraltexas.com
Who are the executives of Foreign Trade Zone Of Central Texas and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.ftzcentraltexas.com
Where can I find the form 990EZ for Foreign Trade Zone Of Central Texas?
Foreign Trade Zone Of Central Texas's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.ftzcentraltexas.com
Learn more at the official website: www.ftzcentraltexas.com
Mission Statement of Foreign Trade Zone Of Central Texas
Foreign Trade Zone of Central Texas, a cooperative initiative involving businesses, cities, and counties in Central Texas, serves a unique purpose in encouraging international trade. The federal government designates a specific area within the United States as being outside of its Customs territory, and this entity falls under this classification. By doing so, it aims to foster international trade activities within its jurisdiction. Consultants play a significant role in supporting this organization, assisting with contract negotiations, applications for expanding the foreign trade zone in Central Texas, and increasing attendance at related meetings. The mission of Foreign Trade Zone of Central Texas is to promote and facilitate international trade within its designated territory, thereby strengthening economic ties between the United States and other countries.
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Impact
October, 2024
The Foreign Trade Zone of Central Texas significantly enhances the region's economy and business landscape by facilitating international trade. By creating a designated area where goods can be imported, processed, and re-exported without the immediate burden of U.S. Customs duties, businesses in Central Texas gain a competitive advantage. This environment encourages companies to expand and streamline their operations, ultimately leading to increased foreign investment.
The collaborative efforts of local businesses, cities, and counties not only strengthen community ties but also attract new enterprises looking to benefit from reduced costs and enhanced logistical efficiency. The zone plays a crucial role in boosting job creation and stimulating economic growth in Austin and surrounding areas. By providing resources and consulting, the Foreign Trade Zone of Central Texas helps businesses navigate complex regulations and maximize their potential within the global marketplace.
Moreover, the long-term benefits include fostering a vibrant business ecosystem that enhances the region's attractiveness as a hub for trade and commerce, contributing to sustained economic improvement and community development.
This information is meant to be a general summary of Foreign Trade Zone Of Central Texas. 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: $883
- Gross Receipts: $95,383
Assets and Liabilities:
- Total Assets: $264,729
- Total Liabilities: $0
- Net Assets: $264,729
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Organization Details
Principal Officer
Jordan Robinson
Website
www.ftzcentraltexas.comNTEE Category
Code: S40 - Community improvement
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