WORLD TRADE CENTER OF ATLANTA INC
World Trade Center of Atlanta Inc
The World Trade Center of Atlanta Inc. is a nonprofit organization designated as a 501(c)(6) entity, focusing on business leagues and chambers of commerce. It is categorized under Mutual/Membership Benefit Organizations, Other N.E.C., within the National Taxonomy of Exempt Entities (NTEE) classification system.
Purpose and Activities
The organization aims to promote and foster the expansion of international trade and investments by enabling professionals to engage in business and social relations. It facilitates networking opportunities through meetings and conferences, providing access to influential resources and business brokers in the region.
Programs and Initiatives
The World Trade Center of Atlanta offers various programs and initiatives to support its mission. These include:
- WTC Atlanta Academy: Provides real-world instruction on expanding into foreign markets.
- Partnerships for Financial and Relocation Services: Collaborations with companies like MONEX for financial transactions and Berkshire Hathaway for international relocation services.
- Enhanced Corporate Partnership Benefits: Offers upgraded services to support corporate members' business growth.
- Signature Building and Ecosystem Development: Plans to establish a signature building in Atlanta as a hub for international trade, featuring an Innovation Center, Incubator Center, and event spaces.
Community Engagement
The organization engages with the community by leveraging its brand recognition and programming, while collaborating with other trade organizations and chambers to provide a holistic perspective on business opportunities. It celebrates World Trade Day by bringing together the trade community, Consular Corps, and international business stakeholders to discuss trends and collaboration opportunities.
Financial Overview
As of recent filings, the majority of the organization's revenue comes from program services. In fiscal year 2018, contributions accounted for about 13.3% of total revenue, while program services provided approximately 86.7%[1]. Donations to the organization are not tax-deductible under its current 501(c)(6) status; however, there are plans to reinstate a 501(c)(3) status to allow for tax-deductible contributions[2].
Membership
Membership is available in the form of Individual Executive memberships and Corporate Partnerships. Members gain access to the global World Trade Center network and various support services, including educational seminars and trade information/market research partnerships.
Collaborations
The World Trade Center Atlanta collaborates with numerous entities, such as local and binational chambers of commerce, and the Georgia Department of Economic Development, to enhance its services and foster global trade connections[2].
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