First United Trade Corporation
- Assets
- $19.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- La Plata, MD
- Founding
- 04/2017
- Data as of
- 12/2020
- EIN
- 47-3928319
Organization Overview
First United Trade Corporation is located in La Plata, MD. The organization was established in 2017. 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 an independent organization and not affiliated with a larger national or regional group of organizations. First United Trade Corporation 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 12/2020, First United Trade Corporation generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $3.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (47.8%) per year over the past 4 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE A FORUM FOR BUSINESS PROMOTION WITHIN THE TOWN. ARRANGE FOR PUBLICITY ABOUT BUSINESS ACTIVITIES, ATTRACTIONS, GOODS AND SERVICES AVAILABLE IN AND AROUND THE TOWN. ATTRACT VISITORS, PATRONS AND CUSTOMERS TO THE TOWN.
PROVIDE A FORUM FOR BUSINESS PROMOTION WITHIN THE TOWN. ARRANGE FOR PUBLICITY ABOUT BUSINESS ACTIVITIES, ATTRACTIONS, GOODS AND SERVICES AVAILABLE IN AND AROUND THE TOWN. ATTRACT VISITORS, PATRONS AND CUSTOMERS TO THE TOWN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Flatley President | 0 | $0 | |
Patrick D Pierce Treasurer | 0 | $0 | |
Shannon Hinson Secretary | 0 | $0 | |
Kenneth Wayne Thompson Director | 0 | $0 | |
Zoa Conner Director | 0 | $0 | |
Beth Abbott Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $850 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,911 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,106 |
| Other Revenue | $0 |
| Total Revenue | $7,867 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,927 |
| Total expenses | $3,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,384 |
| Other assets | $0 |
| Total assets | $19,384 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Iron And Steel Institute Washington, DC | $8,995,281 | $11,889,127 |
Helicopter Association International Inc Alexandria, VA | $38,045,658 | $4,215,283 |
Association Of American Publishers Inc Washington, DC | $3,482,089 | $6,511,300 |
American Resorts & Residential Dev Washington, DC | $15,913,625 | $10,097,639 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
Financial Services Institute Inc Washington, DC | $15,307,729 | $9,484,774 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
American Urologigal Association Inc Linthicum Heights, MD | $11,900,601 | $8,448,831 |
Reinsurance Association Of America Washington, DC | $8,490,929 | $8,536,934 |
Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
340b Health Washington, DC | $25,548,585 | $9,750,586 |
National Stone Sand And Gravel Association Alexandria, VA | $12,179,741 | $8,499,860 |