International Credit And Trade Finance Association

Organization Overview

International Credit And Trade Finance Association is located in Baltimore, MD. The organization was established in 2010. 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 12/2023, International Credit And Trade Finance Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Credit And Trade Finance 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 12/2023, International Credit And Trade Finance Association generated $906.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $806.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

IS TO ADVANCE THE PROFESSION OF INTERNATIONAL CREDIT MANAGEMENT BY PROVIDING UNMATCHED EXPERTISE, LEADERSHIP, POWERFUL CONNECTIONS, LEADING EDGE EDUCATION AND SERVICES, AND A FORUM FOR THE EXCHANGE OF INFORMATION AND BEST PRACTICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING THE GOALS AND SERVING THE NEEDS OF ITS MEMBERS AND THE INTERNATIONAL BUSINESS COMMUNITY BY PROVIDING UNMATCHED EXPERTISE, LEADERSHIP, POWERFUL CONNECTIONS, AN INTERNATIONAL NETWORK, LEADING EDGE RESOURCES, PROGRAMS AND SERVICES TO GIVE A DISTINCT ADVANTAGE TO THOSE WHO STRIVE FOR EXCELLENCE AND IMPROVED PERFORMANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Aneta Spilman
President
$230,492
William Bastiaan
Director
$0
William Bastiaan
Director
$0
Juliana Brownell
Director
$0
Richard Clark
Executive Co
$0
Raul Davila
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$273,532
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$196,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$469,532
Total Program Service Revenue$397,724
Investment income $38,888
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 $906,144

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