Wedding International Professionals Association
- Assets
- $635.1k
- Revenue
- $426.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 26-3026750
Organization Overview
Wedding International Professionals Association is located in Marietta, GA. The organization was established in 2018. 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. This organization is a parent organization of an affiliated group for tax-exemption purposes. Wedding International Professionals Association 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 12/2022, Wedding International Professionals Association generated $426.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $373.4k during the year ending 12/2022. While expenses have increased by 18.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDUSTRY LEADING EDUCATION FOR OUR MEMBERS, PRODUCE INSPIRATIONAL NETWORKING EVENTS AND ADVANCE THE ETHICAL STANDARDS OF THE WEDDING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF LOCAL WIPA CHAPTERS, EDUCATIONAL MEETINGS, AND NETWORKING EVENTS TO INSPIRE AND FURTHER THE DEVELOPMENT OF THE WEDDING INDUSTRY. WIPA SUPPORTS CHAPTERS IN 16 LOCAL LOCATIONS AND IS SUPPORTING THE DEVELOPMENT OF 3 ADDITIONAL CHAPTERS.
EDUCATIONAL PROGRAMS, WEBINARS, AND DEVELOPMENT OF PROFESSIONAL CREDENTIALING
EDUCATION RELATED TO AND SUPPORT OF CHAPTER PROGRAM DEVELOPMENT FOCUSING ON EXPANDING AWARENESS OF DIVERSITY, EQUITY, AND INCLUSION IN THE WEDDING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghan Ely President | Trustee | 15 | $0 |
Mara Mazdzer Vice Preside | Trustee | 5 | $0 |
Jeffrey Selden Treasurer | Trustee | 5 | $0 |
Paul Rumohr Secretary | Trustee | 5 | $0 |
Kevin Dennis Immediate Pa | Trustee | 2 | $0 |
Cindy Celis Dir Of Membe | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $198 |
| Total Program Service Revenue | $424,979 |
| Investment income | $185 |
| 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 | $426,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,745 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,135 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $120,850 |
| Fees for services: Legal | $14,047 |
| Fees for services: Accounting | $24,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,854 |
| Advertising and promotion | $42,073 |
| Office expenses | $17,495 |
| Information technology | $13,608 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $38,378 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,666 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $906 |
| All other expenses | $0 |
| Total functional expenses | $373,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,905 |
| Savings and temporary cash investments | $212,247 |
| Pledges and grants receivable | $229 |
| Accounts receivable, net | $0 |
| 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 | $42,708 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $635,089 |
| Accounts payable and accrued expenses | $27,403 |
| Grants payable | $0 |
| Deferred revenue | $276,213 |
| 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 | $36,392 |
| Total liabilities | $340,008 |
| Net assets without donor restrictions | $295,081 |
| Net assets with donor restrictions | $0 |
| 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 | $635,089 |
Grants Awarded
Over the last fiscal year, Wedding International Professionals Association has awarded $46,053 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WIPA BOSTON PURPOSE: CHAPTER SUPPORT | $5,050 |
WIPA CHICAGO PURPOSE: CHAPTER SUPPORT | $5,490 |
WIPA COLORADO PURPOSE: CHAPTER SUPPORT | $11,128 |
WIPA DALLAS PURPOSE: CHAPTER SUPPORT | $5,215 |
WIPA LAS VEGAS PURPOSE: CHAPTER SUPPORT | $5,065 |
WIPA NEW YORK PURPOSE: CHAPTER SUPPORT | $7,240 |