World Trade Center Institute Inc
- Assets
- $5.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 17
- Location
- Baltimore, MD
- Founding
- 06/1989
- Data as of
- 06/2021
- EIN
- 52-1591820
Organization Overview
World Trade Center Institute Inc is located in Baltimore, MD. The organization was established in 1989. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, World Trade Center Institute Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Trade Center Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, World Trade Center Institute Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 4.1% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL BUSINESS NETWORK
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS AND EVENTS PROVIDED TO EDUCATE THE BUSINESS COMMUNITY FOR
MEMBERSHIP ACTIVITIES PROVIDE THE MEMBERS ACCESS TO VARIOUS
ARRANGE PROFESSIONAL MEETING AND CULTURAL ACTIVITIES FOR INTERNATIONAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Rocker Director | OfficerTrustee | 1 | $0 |
Todd Ruppert Chairman | OfficerTrustee | 1 | $0 |
Peter Bowe Co-Chair | OfficerTrustee | 1 | $0 |
Kelly Shulz Co-Chair | OfficerTrustee | 1 | $0 |
Lindsay Meyer Director | Trustee | 1 | $0 |
Liz Robinson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $205,910 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $819,483 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,160,111 |
| Total Program Service Revenue | $699,572 |
| Investment income | $73,665 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $63,704 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,001,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $254,360 |
| Compensation of current officers, directors, key employees. | $127,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $816,176 |
| Pension plan accruals and contributions | $43,000 |
| Other employee benefits | $88,712 |
| Payroll taxes | $82,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,460 |
| Advertising and promotion | $59,852 |
| Office expenses | $36,110 |
| Information technology | $55,095 |
| Royalties | $0 |
| Occupancy | $20,108 |
| Travel | $130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,399 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,915 |
| Insurance | $4,613 |
| All other expenses | $0 |
| Total functional expenses | $1,584,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $561,794 |
| Savings and temporary cash investments | $256,566 |
| Pledges and grants receivable | $54,000 |
| Accounts receivable, net | $26,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,972 |
| Net Land, buildings, and equipment | $15,213 |
| Investments—publicly traded securities | $4,294,432 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,239,477 |
| Accounts payable and accrued expenses | $344,361 |
| Grants payable | $0 |
| Deferred revenue | $109,760 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $240,872 |
| Total liabilities | $694,993 |
| Net assets without donor restrictions | $4,001,272 |
| Net assets with donor restrictions | $543,212 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,239,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Trade Center Institute Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Murthynayak Foundation Inc Lutherville, MD PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $417,019 |
| Earnings | $126,193 |
| Ending Balance | $543,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |