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Nonprofit · EIN 81-0582843

WORLD TRADE CENTER OF GREATER PHILADELPHIA INC

Tax-exempt · PHILADELPHIA, PA 19103

Financials

$937K$1.2M2023$1.1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of WORLD TRADE CENTER OF GREATER PHILADELPHIA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,127,594$1,275,192-$147,598$501,882$895,126-$393,244
December 31, 2023990$936,921$1,217,968-$281,047$686,680$932,326-$245,646
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,172,514
of which government grants
$850,989
Membership dues
$53,500
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$44,920
Other revenue
-$44,920

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$172,161
Other salaries and wages
$553,101
Salaries, compensation and benefits (total)
$850,714
Professional fundraising fees
$0
Accounting fees
$26,084
Occupancy
$94,217
Travel
$60,263
Program services (functional)
$804,868
Management and general (functional)
$247,711
Fundraising (functional)
$222,613

Balance sheet and other

Total assets, start of year
$686,680
Total assets, end of year
$501,882
Total liabilities, end of year
$895,126
Net assets, end of year
-$393,244
Net assets without donor restrictions
-$393,244
Gross receipts
$1,198,333
Employees
10
Volunteers
25
Year formed
2001
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
THOMAS YOUNGCEO
Officer
40$150,000$20,457
JOSEPH J SCALIOCHAIRMAN
Trustee or director, Officer
0.2$0$0
STEVEN S BRADLEYVICE CHAIRMAN
Trustee or director, Officer
0.2$0$0
STEVEN J BATZERTREASURER
Trustee or director, Officer
0.2$0$0
MARTIN G BELISARIOSECRETARY
Trustee or director, Officer
0.2$0$0
DR JOHN A BENNETTBOARD MEMBER
Trustee or director
0.2$0$0
GARY P BIEHN ESQBOARD MEMBER
Trustee or director
0.2$0$0
DAVID A DELIZZABOARD MEMBER
Trustee or director
0.2$0$0
JOVAN GOLDSTEINBOARD MEMBER
Trustee or director
0.2$0$0
ROBERT KRITZERBOARD MEMBER
Trustee or director
0.2$0$0
THOMAS LEONARDBOARD MEMBER
Trustee or director
0.2$0$0
BERNADINE J MUNLEYBOARD MEMBER
Trustee or director
0.2$0$0
ROSEANN B ROSENTHALBOARD MEMBER
Trustee or director
0.2$0$0
MARTY SCHIFFMANBOARD MEMBER
Trustee or director
0.2$0$0
ANTHONY J SIMONETTABOARD MEMBER
Trustee or director
0.2$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
ANTHONY J SIMONETTAPRESIDENT (JAN-JULY) & BOARD MEMBER
Trustee or director, Officer
0.2$110,000
LINDA CONLINSR ADVISOR OF STRATEGIC INITIATIVES
Highest-paid employee
40$103,053
THOMAS YOUNGCEO STARTING AUGUST 2023
Officer
40$65,043
JOSEPH J SCALIOCHAIRMAN
Trustee or director, Officer
0.2$0
STEVEN S BRADLEYVICE CHAIRMAN
Trustee or director, Officer
0.2$0
STEVEN J BATZERTREASURER
Trustee or director, Officer
0.2$0
MARTIN G BELISARIOSECRETARY
Trustee or director, Officer
0.2$0
DR JOHN A BENNETTBOARD MEMBER
Trustee or director
0.2$0
GARY P BIEHN ESQBOARD MEMBER
Trustee or director
0.2$0
WALT D'ALESSIOBOARD MEMBER- RESIGNED NOV 2023
Trustee or director
0.2$0
DAVID A DELIZZABOARD MEMBER
Trustee or director
0.2$0
JOVAN GOLDSTEINBOARD MEMBER
Trustee or director
0.2$0
ROBERT KRITZERBOARD MEMBER
Trustee or director
0.2$0
THOMAS LEONARDBOARD MEMBER
Trustee or director
0.2$0
BERNADINE J MUNLEYBOARD MEMBER
Trustee or director
0.2$0
ELIZABETH MURPHYBOARD MEMBER- RESIGNED NOV 2023
Trustee or director
0.2$0
ROSEANN B ROSENTHALBOARD MEMBER
Trustee or director
0.2$0
MARTY SCHIFFMANBOARD MEMBER
Trustee or director
0.2$0

Address and contacts

Address (IRS master file)
1617 JOHN F KENNEDY BLVD STE 1690, PHILADELPHIA, PA 19103-1846
In care of
% JIM LITTLE
Principal officer (990 for 2024)
THOMAS YOUNG, 1617 JFK BLVD ONE PENN CTR 1690, PHILADELPHIA, PA 19103
Signed the 990
THOMAS YOUNG, PRESIDENT AND CEO
Phone
(215) 586-4240
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

WORLD TRADE CENTER OF GREATER PHILADELPHIA (WTCGP) IS THE REGION'S LEADING NON-PROFIT INTERNATIONAL TRADE SERVICES ORGANIZATION. THE WTCGP'S MISSION IS TO BRING GROWTH AND PROSPERITY TO BUSINESSES, COMMUNITIES, AND NEIGHBORHOODS (CONTINUED ON SCHEDULE O)IN GREATER PHILADELPHIA AND WORLDWIDE THROUGH GLOBAL TRADE AND INVESTMENT. THE WTCGP BELONGS TO THE WORLD TRADE CENTERS ASSOCIATION OF OVER 300 WORLD TRADE CENTERS IN NEARLY 100 COUNTRIES AND SERVES AS THE COMMONWEALTH OF PENNSYLVANIA'S APPOINTED REGIONAL EXPORT NETWORK REPRESENTATIVE FOR SOUTHEASTERN PENNSYLVANIA. SINCE 2001, WHEN THE WTCGP WAS ESTABLISHED, THE ORGANIZATION HAS HELPED COMPANIES GENERATE IN TOTAL OVER $2.3B IN INCREMENTAL EXPORT SALES, SUPPORTING OVER 29,000 JOBS IN THE GREATER PHILADELPHIA REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE WORLD TRADE CENTER GREATER PHILADELPHIA (WTCGP) HELPS REGIONAL COMPANIES EXPAND INTO INTERNATIONAL MARKETS AND ASSISTS FOREIGN FIRMS IN DOING BUSINESS IN THE GREATER PHILADELPHIA REGION. AS THE COMMONWEALTH'S REGIONAL EXPORT NETWORK (REN) PARTNER FOR SOUTHEASTERN PENNSYLVANIA, THE WTCGP DELIVERS EXPORT DEVELOPMENT, FOREIGN INVESTMENT ATTRACTION, AND INTERNATIONAL BUSINESS EDUCATION PROGRAMS THAT STRENGTHEN THE REGION'S GLOBAL COMPETITIVENESS.DURING 2024, WTCGP ADVANCED ITS MISSION BY HELPING REGIONAL COMPANIES TO COMPETE AND SUCCEED GLOBALLY, EESULTING IN MEASURABLE EXPORT GROWTH AND JOB CREATION (CONTINUED ON SCHEDULE O).THE ORGANIZATION CONTINUES TO SERVE AS THE REGION'S TRUSTED ADVISOR IN INTERNATIONAL TRADE, SUPPORTING INCLUSIVE ECONOMIC DEVELOPMENT THROUGH PROGRAMS THAT PREPARE BUSINESSES TO ACCESS GLOBAL MARKETS AND ATTRACT INTERNATIONAL INVESTMENT TO THE GREATER PHILADELPHIA REGION. THE WTCGP ASSISTED APPROXIMATELY 157 COMPANIES, PRIMARILY SMALL AND MEDIUM-SIZED ENTERPRISES, THROUGH EXPORT COUNSELING AND TECHNICAL ADVISORY SERVICES. THE WTCGP ALSO CONDUCTED 29 EDUCATIONAL EVENTS AND TRAINING PROGRAMS, INCLUDING ITS ANNUAL GLOBAL BUSINESS CONFERENCE AND WORLD TRADE CENTERS DAY CELEBRATION, REACHING MORE THAN 500 PARTICIPANTS FROM THE BUSINESS, GOVERNMENT, AND ACADEMIC SECTORS. WTCGP FACILITATED ENGAGEMENT WITH PARTNERS FROM OVER 20 COUNTRIES THROUGH TRADE MISSIONS AND FOREIGN DELEGATIONS. COMPANIES ASSISTED BY WTCGP REPORTED APPROXIMATELY $128 MILLION IN NEW AND RETAINED EXPORT SALES, SUPPORTING AN ESTIMATED 560 REGIONAL JOBS.
    Expenses $804,868

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0582843
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$501,882
Income (IRS master file)
$1,198,333

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,127,594$1,275,192$501,882XML
990December 2023$936,921$1,217,968$686,680XML
990December 2022$720,721$956,028$459,633IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0582843).

Questions about WORLD TRADE CENTER OF GREATER PHILADELPHIA INC

What is the EIN of WORLD TRADE CENTER OF GREATER PHILADELPHIA INC?
The employer identification number (EIN) of WORLD TRADE CENTER OF GREATER PHILADELPHIA INC is 81-0582843.
Is WORLD TRADE CENTER OF GREATER PHILADELPHIA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to WORLD TRADE CENTER OF GREATER PHILADELPHIA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORLD TRADE CENTER OF GREATER PHILADELPHIA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORLD TRADE CENTER OF GREATER PHILADELPHIA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORLD TRADE CENTER OF GREATER PHILADELPHIA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WORLD TRADE CENTER OF GREATER PHILADELPHIA INC?
The 990 for the year ended December 31, 2024 names THOMAS YOUNG.
Who are the officers and directors of WORLD TRADE CENTER OF GREATER PHILADELPHIA INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $150,000 (THOMAS YOUNG, CEO).
How much revenue does WORLD TRADE CENTER OF GREATER PHILADELPHIA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,127,594, expenses of $1,275,192 and total assets of $501,882 at year end.

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