Memphis World Trade Club
- Assets
- $54.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 01/1979
- Data as of
- 12/2022
- EIN
- 58-1341518
Organization Overview
Memphis World Trade Club is located in Germantown, TN. The organization was established in 1979. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Memphis World Trade Club 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 12/2022, Memphis World Trade Club generated $41.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (24.8%) per year over the past 8 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
TO PROMOTE INERNATIONAL TRADE AMONG MEMBERSAND THE PUBLIC THROUGH REGULAR MEETINGS, SPORTING, AND SOCIAL EVENTS.
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 |
|---|---|---|---|
Lindsey Gentry Executive Director | 2 | $5,490 | |
Toni Barnes Finance Director | 2 | $0 | |
Eric Ellis Vice President | 2 | $0 | |
Mac Trout Recording Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,558 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,216 |
| Other Revenue | $0 |
| Total Revenue | $41,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,490 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,022 |
| Other expenses | $11,006 |
| Total expenses | $17,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,355 |
| Other assets | $0 |
| Total assets | $54,610 |
| Total liabilities | $3,706 |
| Net assets or fund balances | $50,904 |