International Copper Association Ltd

Organization Overview

International Copper Association Ltd is located in Mclean, VA. The organization was established in 1966. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2021, International Copper Association Ltd employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Copper Association Ltd 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, International Copper Association Ltd generated $34.0m 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 (6.2%) each year. All expenses for the organization totaled $32.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO EXPAND THE USE OF COPPER WORLDWIDE BY SPONSORING AND MANAGING MARKET DEVELOPMENT AND TECHNOLOGICAL ACTIVITIES ON A GLOBAL BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INTERNATIONAL COPPER ASSOCIATION'S 30 MEMBER COMPANIES REPRESENT APPROXIMATELY 50 PERCENT OF THE WORLD'S REFINED COPPER OUTPUT AND ARE AMONG THE LARGEST COPPER PRODUCERS, COPPER ALLOY FABRICATORS, AND WIRE AND CABLE COMPANIES IN THE WORLD. THE ORGANIZATION IS RESPONSIBLE FOR GUIDING POLICY, STRATEGY, AND FUNDING INTERNATIONAL INITIATIVES AND PROMOTIONAL ACTIVITIES. HEADQUARTERED IN THE METROPOLITAN WASHINGTON, D.C., AREA, THE ORGANIZATION HAS REGIONAL OFFICES IN BRUSSELS, THE DISTRICT OF COLUMBIA, SANTIAGO, AND SHANGHAI. THE ORGANIZATION'S PROGRAMS AND INITIATIVES ARE EXECUTED IN MORE THAN 24 COUNTRIES THROUGH ITS SEVEN REGIONAL OFFICES AND COPPER PROMOTION CENTERS. PROGRAMS TO ACCOMPLISH THE GOALS OF THE ORGANIZATION'S STRATEGIC PLAN ARE FOCUSED ON COPPER'S MAJOR END USES. THESE INCLUDE WIRE AND CABLE FOR THE TRANSMISSION OF POWER AND INFORMATION, PLUMBING SYSTEMS FOR POTABLE WATER, MANUFACTURED PRODUCTS FOR ARCHITECTURAL AND INDUSTRIAL APPLICATIONS, SCIENTIFIC STUDIES REGARDING COPPER'S ROLE IN HUMAN HEALTH AND THE ENVIRONMENT, AND WORLDWIDE COMMUNICATIONS ABOUT THE BENEFITS OF COPPER. THE ORGANIZATION'S MISSION IS "TO PROMOTE THE USE OF COPPER BY COMMUNICATING THE UNIQUE ATTRIBUTES THAT MAKE THIS SUSTAINABLE ELEMENT AN ESSENTIAL CONTRIBUTOR TO THE FORMATION OF LIFE, TO ADVANCES IN SCIENCE AND TECHNOLOGY, AND TO A HIGHER STANDARD OF LIVING WORLDWIDE." THE ORGANIZATION WAS FORMED IN 1959 BY 24 OF THE WORLD'S LEADING PRIMARY COPPER PRODUCERS TO COORDINATE AND IMPROVE THE EFFECTIVENESS OF THE INTERNATIONAL MARKET DEVELOPMENT, RESEARCH, AND TECHNOLOGY ACTIVITIES OF THE INDUSTRY. THE ORGANIZATION EVOLVED FROM THE INTERNATIONAL COPPER RESEARCH ASSOCIATION (INCRA), ESTABLISHED IN 1962. EXPENSES: $32,083,974. GRANTS: $140,000. REVENUE: $0.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Apco Worldwide Inc
Advocacy Support
$812,000
The Coulter Companies
Admin. Support
$351,000
Pierre Cazelles
Consulting
$214,000
Dmm Advisory Ltd
Consulting
$236,000
Resultados Y Exper Indust S De Rl
Consulting
$250,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$33,118,284
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$152,340
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$33,270,624
Total Program Service Revenue$0
Investment income $58,256
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $33,951,443

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