Greater Cincinnati Foreign Tradezone Inc
- Assets
- $101.9k
- Revenue
- $208.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Erlanger, KY
- Founding
- 01/1981
- Data as of
- 09/2023
- EIN
- 31-0952037
Organization Overview
Greater Cincinnati Foreign Tradezone Inc is located in Erlanger, KY. The organization was established in 1981. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is the central organization for a national or regional group of organizations. Greater Cincinnati Foreign Tradezone Inc 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 09/2023, Greater Cincinnati Foreign Tradezone Inc generated $208.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $215.9k during the year ending 09/2023. While expenses have increased by 4.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO POSITIVELY AFFECT THE INTERNATIONAL COMPETITIVENESS OF U.S. COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO POSITIVELY AFFECT THE INTERNATIONAL COMPETITIVENESS OF U.S. COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kai Bitter President | OfficerTrustee | 1 | $0 |
Samantha Wagner Vice President | OfficerTrustee | 1 | $0 |
Eric J Schnieber Treasurer | OfficerTrustee | 1 | $0 |
Seattle Stein Trustee | Trustee | 1 | $0 |
Catherine Fitzgerald Trustee | Trustee | 1 | $0 |
Janet Harrah Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $103,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,500 |
| Total Program Service Revenue | $104,500 |
| Investment income | $0 |
| 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 | $208,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $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 | $116,257 |
| Fees for services: Legal | $30,755 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,526 |
| Office expenses | $0 |
| Information technology | $1,121 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,733 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,962 |
| All other expenses | $0 |
| Total functional expenses | $215,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,320 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,600 |
| 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 | $0 |
| 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 | $101,920 |
| Accounts payable and accrued expenses | $35,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $35,729 |
| Net assets without donor restrictions | $0 |
| 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 | $66,191 |
| Total liabilities and net assets/fund balances | $101,920 |
Grants Awarded
Over the last fiscal year, Greater Cincinnati Foreign Tradezone Inc has awarded $50,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN KENTUCKY TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION (TRI-ED) PURPOSE: SUPPORT OPERATIONS OF THE ORGANIZATION | $15,000 |
REGIONAL ECONOMIC DEVELOPMENT INITIATIVE PURPOSE: CREATES JOBS IN GREATER CINCINNATI | $25,000 |
EUROPEAN-AMERICAN CHAMBER OF COMMERCE PURPOSE: ASSISTS EUROPEAN COMPANIES AS THEY LAUNCH AND GROW THEIR US OPERATIONS. | $10,000 |