Memphis World Trade Club
- Assets
- $29.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 01/1979
- Data as of
- 12/2021
- EIN
- 58-1341518
Organization Overview
Memphis World Trade Club is located in Germantown, TN. The organization was established in 1979. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis World Trade Club 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 12/2021, Memphis World Trade Club generated $18.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.9%) each year. All expenses for the organization totaled $11.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE INERNATIONAL TRADE AMONG MEMBERSAND THE PUBLIC THROUGH REGULAR MEETINGS, SPORTING, AND SOCIAL EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Gentry Executive Director | 2 | $4,644 | |
David M Underwood Vice President | 2 | $0 | |
Daniel Booth Recording Secretary | 2 | $0 | |
Lisa R Borden Finance Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,000 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,808 |
| Other Revenue | $0 |
| Total Revenue | $18,810 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,644 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $276 |
| Other expenses | $6,957 |
| Total expenses | $11,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,232 |
| Other assets | $0 |
| Total assets | $29,487 |
| Total liabilities | $2,123 |
| Net assets or fund balances | $27,364 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lake Monticello Owners Association Lake Monticello, VA | $27,325,227 | $9,680,580 |
Southern States Millwright Regional Council-Ubcja Russellville, AR | $38,325,316 | $11,623,005 |
Seton Property Corporation Of North Alabama St Louis, MO | $50,940,533 | $5,932,254 |
Fairhope Single Tax Corporation Fairhope, AL | $9,781,910 | $8,332,566 |
Reinvestment Partners Durham, NC | $12,338,640 | $8,350,193 |
Star C Corporation Marietta, GA | $534,124 | $5,554,127 |
Sandhills Community Action Program Inc Southern Pines, NC | $2,226,446 | $4,141,015 |
Urban Ministries Of Durham Inc Durham, NC | $4,630,944 | $4,348,989 |
St Marys Building Corporation St Louis, MO | $40,020,947 | $3,125,452 |
Basic Acrylic Monomer Manufacturers Inc Williamsburg, VA | $5,992,927 | $2,980,426 |
Central Virginia Partnership For Economic Development Charlottesville, VA | $960,177 | $3,152,510 |
Nashville Entrepreneur Center Nashville, TN | $5,510,497 | $3,220,772 |