World Federation Of Great Towers is located in Bloomingdale, IL. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Federation Of Great Towers 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 06/2022, World Federation Of Great Towers generated $57.0k 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 $52.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE FEDERATION EXISTS TO HELP DEVELOP LOCAL & INTL OPPORTUNITIES FOR ITS MEMBERS WHILE REPRESENTING THEIR CITIES AND OPERATING AS TOURISM FACILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christina Aue Executive Director | 20 | $20,000 | |
Jean-Yves Ghazi Executive Committee | 5 | $0 | |
Daniel Cecetka Executive Committee | 5 | $0 | |
Patrick Branco Ruivo Executive Committee | 5 | $0 | |
Zeina Dagher Executive Committee | 5 | $0 | |
Francis Lam Executive Committee | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $57,000 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,000 |
Professional fees and other payments to independent contractors | $6,189 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,240 |
Total expenses | $52,429 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $149,866 |
Other assets | $0 |
Total assets | $149,866 |
Total liabilities | $0 |
Net assets or fund balances | $149,866 |
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