Overview
What is World Trade Center Of Greater Philadelphia?
The World Trade Center of Greater Philadelphia (WTCGP) is a leading nonprofit organization based in Philadelphia, Pennsylvania. Its primary mission is to foster growth and prosperity in the region by facilitating global trade and investment. The WTCGP accomplishes this by offering individual trade counseling, market research, educational programs, and networking events to small and medium-sized businesses in Southeastern Pennsylvania and Southern New Jersey. These services aim to connect companies with potential customers and partners worldwide, ultimately leading to increased exports and job creation. In 2022 alone, the WTCGP provided trade counseling to over 108 companies, resulting in over $98 million in incremental export sales and supporting 823 jobs in the region. As a member of the World Trade Centers Association, the WTCGP has a global network of connections and serves as the Commonwealth of Pennsylvania's appointed regional export network representative for Southeastern Pennsylvania. Since its establishment in 2001, the WTCGP has helped businesses generate over $2.3 billion in total incremental export sales, supporting over 29,000 jobs in the Greater Philadelphia region.
Official website here: www.wtcphila.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
The World Trade Center of Greater Philadelphia has received a Two-Star rating, reflecting a score of 66%. This rating indicates a moderate level of accountability and financial health. The organization boasts a fully independent board of directors and has robust policies in place for conflict of interest, whistleblower protection, and document retention, which are positive signs of governance.
However, there are notable areas for improvement, particularly in financial management. The organization has a high liabilities-to-assets ratio of 92.29%, indicating potential financial strain. Additionally, while program expense efficiency is somewhat acceptable at 57.87%, the absence of their tax form on their website could raise concerns regarding transparency.
Overall, the World Trade Center of Greater Philadelphia demonstrates strong governance practices but needs to address its financial stability and transparency in reporting to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about World Trade Center Of Greater Philadelphia?
98% of 19 reviewers on Facebook recommend the World Trade Center of Greater Philadelphia. Here is a summary of their reviews:
Many users express enthusiasm for the organization's efforts, particularly highlighting its commitment to supporting Philadelphia-area businesses. The nonprofit is praised for providing valuable resources that help elevate the region's global standing. Notably, attendees are looking forward to events like World Trade Centers Day, indicating a strong community engagement.
Overall, it seems that the World Trade Center of Greater Philadelphia is making a positive impact among local businesses and is well-regarded by those connected to its initiatives. The organization appears to deliver on its mission effectively, fostering a supportive environment for growth and international collaboration.
This AI summary has been generated from reviews found on Facebook.
Is World Trade Center Of Greater Philadelphia legitimate?
World Trade Center Of Greater Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Trade Center Of Greater Philadelphia 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: $133,250
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $401,679
For more financial information, click here
Official website here: www.wtcphila.org
What is the mission statement of World Trade Center Of Greater Philadelphia?
The World Trade Center of Greater Philadelphia, serving as the region's leading international trade services organization, is dedicated to fostering growth and prosperity. Its mission is to benefit businesses, communities, and neighborhoods in Greater Philadelphia and beyond, through global trade and investment. By being a part of the World Trade Centers Association, which comprises over 300 centers in nearly 100 countries, the World Trade Center of Greater Philadelphia has been instrumental in helping companies generate over $2.3 billion in incremental export sales since its establishment in 2001. This has, in turn, supported over 29,000 jobs in the Greater Philadelphia region.
Official website here: www.wtcphila.org
Who is the CEO of World Trade Center Of Greater Philadelphia?
Thomas Young is the Chairman of World Trade Center Of Greater Philadelphia.
Official website here: www.wtcphila.org
What is the revenue of World Trade Center Of Greater Philadelphia?
World Trade Center Of Greater Philadelphia's revenue in 2022 was $720,721.
Official website here: www.wtcphila.org
Who are the executives of World Trade Center Of Greater Philadelphia and what are their salaries?
The average compensation at World Trade Center Of Greater Philadelphia during 2022 was $35,662. There are 15 employees and 41 volunteers at World Trade Center Of Greater Philadelphia.
Here are 19 key members and their salaries:
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Official website here: www.wtcphila.org
Where can I find the form 990 for World Trade Center Of Greater Philadelphia?
World Trade Center Of Greater Philadelphia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wtcphila.org
Learn more at the official website: www.wtcphila.org
Mission Statement of World Trade Center Of Greater Philadelphia
The World Trade Center of Greater Philadelphia, a renowned non-profit organization, is dedicated to fostering growth and prosperity on a global scale. Its mission is to serve businesses, communities, and neighborhoods within the Greater Philadelphia region and beyond, through the facilitation of international trade and investment. As a member of the World Trade Centers Association, comprising over 300 centers in nearly 100 countries, the World Trade Center of Greater Philadelphia plays a significant role in promoting economic development and job creation. Since its establishment in 2001, the organization has aided companies in generating over $2.3 billion in incremental export sales, thereby supporting over 29,000 jobs within the region.
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Impact
July, 2024
The World Trade Center of Greater Philadelphia has had a significant impact on the region by helping companies in Greater Philadelphia expand globally and attract international businesses to the area. Through individual trade counseling, market research, trade mission support, educational programs, and business networking events, the WTCGP has empowered small and medium-sized exporting businesses in the region to succeed on the global stage.
In 2022 alone, the WTCGP provided trade counseling services to over 108 companies and conducted 20 educational events, resulting in over $98 million in incremental export sales and supporting 823 jobs in the region. The organization's efforts have been instrumental in fostering economic growth and job creation in Greater Philadelphia, serving as a trusted advisor with international expertise and worldwide connections.
Since its establishment in 2001, the WTCGP has helped generate over $2.3 billion in incremental export sales, supporting over 29,000 jobs in the Greater Philadelphia region. It acts as a critical catalyst for economic development and prosperity, showcasing the importance of global trade and investment in driving success for businesses, communities, and neighborhoods in the area.
This information is meant to be a general summary of World Trade Center Of Greater Philadelphia. 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 2022.
- Gross Receipts: $802,443
Assets and Liabilities:
- Total Assets: $459,633
- Total Liabilities: $424,232
- Net Assets: $35,401
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Organization Details
Founding Year
2001
Phone
(215) 586-4240Principal Officer
Thomas Young
Main Address
1617 JFK BLVD ONE PENN CTR 1690, PHILADELPHIA, PA, 19103
Website
www.wtcphila.orgNTEE Category
Code: Q32 - International
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