World Trade Center Delaware

Overview

World Trade Center Delaware is a private-sector, non-profit organization established to assist companies in succeeding in the international marketplace. Founded in 1987, it has been Delaware's leading partner in international trade for over 37 years. As one of 320 World Trade Centers across 100 countries, WTC Delaware provides vital support for importers, exporters, and businesses looking to expand their global operations.

Mission and Activities

The organization focuses on helping small and medium-sized businesses navigate the complexities of international trade. It offers a range of services, including:

• Import/Export Assistance: Providing answers to critical questions related to entering or expanding in international markets.
• Business Leads: Facilitating access to business opportunities through partnerships with other global businesses and organizations.
• International Business Training: Conducting seminars and roundtable discussions on key issues affecting companies operating globally.
• U.S. Office Set Up: Assisting foreign companies in establishing a presence in the United States, particularly in Delaware, which is home to more than half of the Fortune 500 companies.

Financials and Structure

World Trade Center Delaware is classified as a 501(c)(3) organization, with its primary activities falling under educational services and institutions (NTEE category). Donations to the organization are tax-deductible. The revenue is primarily derived from contributions and program services. For instance, in a recent fiscal year, contributions accounted for approximately 85.9% of total revenue, with program services making up about 14.1%[2].

Governance

The organization has a governance structure that includes a board of directors, though detailed compensation figures are not typically reported for directors. Executive compensation is listed as part of its financial disclosures[2].

Impact and Membership Benefits

Membership with WTC Delaware offers companies access to consulting services, networking events, educational resources, and a global network of vendors and partners. This enables businesses to expand their opportunities in the international marketplace through collaborations and exclusive benefits with trusted vendors and partners.