World Federation Of Direct Selling Associations

Organization Overview

World Federation Of Direct Selling Associations is located in Washington, DC. The organization was established in 1986. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, World Federation Of Direct Selling Associations employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Federation Of Direct Selling Associations 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 12/2021, World Federation Of Direct Selling Associations generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $874.4k during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD UNDERSTANDING AND SUPPORT FOR DIRECT SELLING WORLDWIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVOCACY: INDUSTRY SURVEYS AND STUDIES USED TO DEVELOP STRATEGY TO SECURE POSITIVE IMAGE OF THE INDUSTRY.


ASSOCIATION SERVICES: ASSISTANCE TO DIRECT SELLING ASSOCIATIONS IN DEVELOPING ADMINISTRATIVE POLICIES, MEMBER SERVICES, AND RELATIONS WITH OUTSIDE PARTIES, E.G. CONSUMER ADVOCATES AND ACADEMICIANS.


REGULATORY COMMITTEE; IDENTIFICATION OF LEGAL/REGULATORY ISSUES OF IMPORTANCE TO THE WORLDWIDE INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Tamuna Gabilaia
Executive Director And Chi
$276,712
Maureen Paniagua
Director Of International Affairs
$121,490
Roger Barnett
Chairman
$0
Magnus Brannstrom
Vice Chairman
$0
David B Holl
Treasurer
$0
Lam Yu
Vice Chairman
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,215,871
Investment income $34,303
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 $1,250,174

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