World Federation Of Great Towers is located in Bloomingdale, IL. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Federation Of Great Towers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, World Federation Of Great Towers generated $121.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $121.8k during the year ending 06/2023. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FEDERATION EXISTS TO HELP DEVELOP LOCAL & INTL OPPORTUNITIES FOR ITS MEMBERS WHILE REPRESENTING THEIR CITIES AND OPERATING AS TOURISM FACILITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean-Yves Ghazi Executive Director | 20 | $10,000 | |
Daniel Cecetka Executive Committee | 5 | $0 | |
Patrick Branco Ruivo Executive Committee | 5 | $0 | |
Nicole Benolken Executive Committee | 5 | $0 | |
Francis Lam Executive Committee | 5 | $0 | |
David Luo Executive Committee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,500 |
| Membership dues | $113,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,500 |
| Professional fees and other payments to independent contractors | $4,288 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,345 |
| Other expenses | $83,709 |
| Total expenses | $121,842 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,274 |
| Other assets | $0 |
| Total assets | $149,274 |
| Total liabilities | $0 |
| Net assets or fund balances | $149,274 |