WORLD TRADE CENTERS ASSOCIATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
WORLD TRADE CENTERS ASSOCIATION INC (EIN 13-2644507)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-10
IRS object ID
201543149349303504
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-10T15:51:57-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11185 AVENUE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100362602ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132644507EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WORLD TRADE CENTERS ASSOCIATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWORLBusinessNameControlTxt
Phone2124322626PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 BROADWAY NO 3350AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10271ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNIURKA COTERONPersonNm
Person TitleDIRECTOR OF CORP SVCS/COMPTROLLERPersonTitleTxt
Phone2124322626PhoneNum
Signature2015-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARTIN GREIFPreparerPersonNm
PTINP00029738PTIN
Phone2123721000PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNIURKA COTERONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 BROADWAY NO 3350AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10271ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,250,084GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.WTCA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionWORLD TRADE CENTERS ASSOCIATION PROMOTES WORLD TRADE THROUGH THE CONCEPT OF WORLD TRADE CENTERS ESTABLISHED IN CITIES THROUGHOUT THE WORLD.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee20TotalEmployeeCnt
Total Volunteers23TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$8,834,499PYProgramServiceRevenueAmt
CY Program Service Revenue$6,812,087CYProgramServiceRevenueAmt
PY Investment Income$391,315PYInvestmentIncomeAmt
CY Investment Income$1,075,687CYInvestmentIncomeAmt
PY Other Revenue$2,581PYOtherRevenueAmt
CY Other Revenue$25,330CYOtherRevenueAmt
PY Total Revenue$9,228,395PYTotalRevenueAmt
CY Total Revenue$7,913,104CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,647,431PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,154,155CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,147,590PYOtherExpensesAmt
CY Other Expenses$4,609,691CYOtherExpensesAmt
PY Total Expenses$7,795,021PYTotalExpensesAmt
CY Total Expenses$7,763,846CYTotalExpensesAmt
PY Revenues Less Expenses$1,433,374PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$149,258CYRevenuesLessExpensesAmt
Total Assets BOY$19,121,959TotalAssetsBOYAmt
Total Assets EOY$18,794,152TotalAssetsEOYAmt
Total Liabilities BOY$1,242,032TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,147,366TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,879,927NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,646,786NetAssetsOrFundBalancesEOYAmt
MissionTHE WORLD TRADE CENTERS ASSOCIATION MISSION IS TO FOSTER A GLOBAL WORLD TRADE CENTER NETWORK THAT ENHANCES THE BRAND AND PROMOTES PROSPERITY THROUGH TRADE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescWORLD TRADE CENTERS ASSOCIATION ("WTCA") MEMBER SERVICES PROGRAM PROVIDES OVERALL SUPPORT FOR THE NEEDS OF THE GENERAL WTCA MEMBERSHIP. IT PROVIDES TOOLS, TRAINING AND ASSISTANCE TO HELP FOSTER THE SUCCESS OF WTCA MEMBERS. IT INTEGRATES NEWLY APPROVED MEMBERS INTO THE NETWORK AND MANAGES THE WTCA QUALITY CERTIFICATION PROGRAM. IT ALSO DEVELOPS PUBLICATIONS AND DIRECTORIES TO PROMOTE THE WTCA NETWORK AND ENCOURAGE MEMBER DIALOGUE, COOPERATION AND EXCHANGE.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee20EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCHForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNIURKA COTERONPersonNm
Phone2124322626PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 BROADWAYAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10271ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
GHAZI ABU NAHL
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
JOHN DREW
VICE CHAIR & TREASURER2.00Yes (X)Yes (X)$0$0$0
ANTONIO TRUEBA
VICE CHAIR & SECRETARY2.00Yes (X)Yes (X)$0$0$0
ROLF DRAAK
DIRECTOR2.00Yes (X)$0$0$0
CHARLOTTE GALLOGLY
DIRECTOR2.00Yes (X)$0$0$0
PHILIPPE DOUBRE
DIRECTOR2.00Yes (X)$0$0$0
JOHN ADEYEMI-ADELEKE
DIRECTOR2.00Yes (X)$0$0$0
VLADIMIR Y SALAMATOV
DIRECTOR2.00Yes (X)$0$0$0
GILBERTO BOUSQUET BOMENY
DIRECTOR2.00Yes (X)$0$0$0
PIERRE-ANTOINE GAILLY
DIRECTOR2.00Yes (X)$0$0$0
OUSAMA F GHANNOUM
DIRECTOR2.00Yes (X)$0$0$0
VIJAY KALANTRI
DIRECTOR2.00Yes (X)$0$0$0
HALUK KANCA
DIRECTOR - UNTIL MAR. 20142.00Yes (X)$0$0$0
MICHAEL MEYER
DIRECTOR2.00Yes (X)$0$0$0
GUILLERMO RONDEROS
DIRECTOR2.00Yes (X)$0$0$0
JEROME TOULEMONDE
DIRECTOR2.00Yes (X)$0$0$0
CHIH-KANG WANG
DIRECTOR - UNTIL SEPT. 20142.00Yes (X)$0$0$0
ANNIE WU
DIRECTOR2.00Yes (X)$0$0$0
LIAO XIAOQI
DIRECTOR2.00Yes (X)$0$0$0
LAWRENCE BOUDREAUX
DIRECTOR2.00Yes (X)$0$0$0
LEW CRAMER
DIRECTOR2.00Yes (X)$0$0$0
MEHRAN EFTEKHAR
DIRECTOR2.00Yes (X)$0$0$0
MARTIN SALLOUM
DIRECTOR2.00Yes (X)$0$0$0
ERIC R DAHL
CEO40.00Yes (X)$383,752$0$47,392
ISABELLA HEULE
EXECUTIVE VICE PRESIDENT40.00Yes (X)$218,632$0$25,505
NIURKA COTERON
DIRECTOR OF CORP SVCS/COMP40.00Yes (X)$157,551$0$39,416
SCOTT A RICHIE
GENERAL COUNSEL40.00$320,818$0$37,655Yes (X)
SCOTT WANG
VICE PRESIDENT ASIA PACIFIC40.00$162,071$0$23,146Yes (X)
LINDSAY KASSOF
ASSOCIATE COUNSEL40.00$143,364$0$20,787Yes (X)
JULIA GONZALEZ
EVENTS MANAGER40.00$107,098$0$38,171Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,493,286TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$232,072TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmCountryContractorAddress/ForeignAddress/CountryCd
DORSEY & WHITNEY LLP
51 WEST 52ND STREETNEW YORKNY100196119LEGAL SERVICES$377,555
MITCHELL & TITUS
ONE BATTERY PARK 27TH FLNEW YORKNY10004INTERNAL AUDIT SERVICES$180,192
R AND CONSULTORES SAS INC
MEMBERSHIP SERVICES$115,831CALLE 50 74 SAN FRANCISCO 909 BLDCUIDAD DE PANAMAPM
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$3,242,920$3,242,920
INITIATION FEES900099$2,890,000$2,890,000
OPTION FEES900099$385,000$385,000
BAD DEBT RECOVERY900099$294,167$294,167
FieldValueIRS element (for citing)
Total Program Service Revenue$6,812,087TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$334,806TotalRevenueColumnAmt
Exclusion$334,806ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,077,861SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,336,980SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$740,881SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$740,881TotalRevenueColumnAmt
Exclusion$740,881ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$25,330TotalRevenueColumnAmt
Exclusion$25,330ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$25,330OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,913,104TotalRevenueColumnAmt
Related Or Exempt Func Income$6,812,087RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,101,017ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,232,703TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,420,539TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$76,214TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$237,428TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$187,271TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$635,148TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,757TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$52,483TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$693,518TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$219,669TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$342,998TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$77,489TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$527,659TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$359,642TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$625,550TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$115,277TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$50,876TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
BAD DEBT EXPENSE$582,625
SERVICE MARK SETTLEMENT$184,000
MEMBERSHIP REFUND$60,000
LICENSING COMMISSION$40,000

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,763,846TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,165,259BOYAmt
EOY$936,700EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$120,000BOYAmt
EOY$120,060EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$695,917BOYAmt
EOY$664,712EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$136,870BOYAmt
EOY$202,895EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$841,773LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$255,538LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$519,464BOYAmt
EOY$586,235EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,833,896BOYAmt
EOY$9,673,555EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,972,410BOYAmt
EOY$4,792,546EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$1,457,058BOYAmt
EOY$1,591,219EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$221,085BOYAmt
EOY$226,230EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$19,121,959BOYAmt
EOY$18,794,152EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$576,597BOYAmt
EOY$700,501EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$369,425BOYAmt
EOY$340,032EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$296,010BOYAmt
EOY$106,833EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,242,032BOYAmt
EOY$1,147,366EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,879,927BOYAmt
EOY$17,646,786EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,879,927BOYAmt
EOY$17,646,786EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,121,959BOYAmt
EOY$18,794,152EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$149,258ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$382,399NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,228OtherCostOrOtherBasisAmt
Depreciation$3,092DepreciationAmt
Book Value$28,136BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$170,430OtherCostOrOtherBasisAmt
Depreciation$131,341DepreciationAmt
Book Value$39,089BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$640,115OtherCostOrOtherBasisAmt
Depreciation$121,105DepreciationAmt
Book Value$519,010BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$586,235TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
RUSSELL 1000 GROWTH INDEX FUND$1,408,240F
RUSSELL 1000 VALUE IND FUND$1,186,506F
VANGUARD MSCI EAFE ETF$997,494F
HSBC COMMERCIAL MARKET RATE$1,003,870F
RESTRICTED FOR LETTERS OF CREDIT$196,436F
FieldValueIRS element (for citing)
Total Book Value Securities$4,792,546TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREFUNDABLE INITIATION FEESDesc
Amt$106,833Amt
FieldValueIRS element (for citing)
Total Liability$106,833TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,184,174TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$382,399NetUnrealizedGainsInvstAmt
Other Revenue-$52,364OtherRevenueAmt
Revenue Not Reported-$434,763RevenueNotReportedAmt
Revenue Subtotal$7,618,937RevenueSubtotalAmt
Other Revenues Not Included$294,167OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$294,167RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,913,104TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,420,008TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$291,355OtherExpensesIncludedAmt
Expenses Not Reported-$291,355ExpensesNotReportedAmt
Expenses Subtotal$7,711,363ExpensesSubtotalAmt
Investment Expenses Not Incld2$52,483InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$52,483ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,763,846TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:AS A NOT-FOR-PROFIT ENTITY, WTCA IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE TAX YEARS ENDED DECEMBER 31, 2014 AND 2013, THE ASSOCIATION DID NOT OWE ANY UBIT. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF GAAP. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD.
PART XI, LINE 2D - OTHER ADJUSTMENTS:WORLD TRADE CENTERS ASSOCIATION FOUNDATION REVENUE 119. INVESTMENT EXPENSE -52,483.
PART XI, LINE 4B - OTHER ADJUSTMENTS:BAD DEBT RECOVERY 294,167.
PART XII, LINE 2D - OTHER ADJUSTMENTS:WORLD TRADE CENTERS ASSOCIATION FOUNDATION EXPENSES 2,812. BAD DEBT RECOVERY -294,167.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEAST ASIA AND THE PACIFICRegionTxt
Offices1OfficesCnt
Employee1EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedTO STRENGTHEN MEMBERSHIP SERVICES TO THE WTC'S IN CHINA AND THE REST OF ASIA PACIFIC REGION, LOCALIZE MAJOR WTCA DOCUMENTATION, MONITOR THE TRADEMARK PROTECTION IN THE REGION, AND PROMOTE WTCA'S COMMITMENT TO PROSPERITY THROUGH TRADE AND INVESTMENT.SpecificServicesProvidedTxt
Region Total Expenditures$254,650RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$254,650SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$254,650TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ERIC R DAHL
CEO$383,752$0$0$0$0$0$15,600$0$31,792$0$431,144$0$0$0
ISABELLA HEULE
EXECUTIVE VICE PRESIDENT$194,829$0$23,803$0$0$0$13,272$0$12,233$0$244,137$0$0$0
NIURKA COTERON
DIRECTOR OF CORP SVCS/COMP$139,793$0$17,758$0$0$0$9,902$0$29,514$0$196,967$0$0$0
SCOTT A RICHIE
GENERAL COUNSEL$285,560$0$35,258$0$0$0$15,600$0$22,055$0$358,473$0$0$0
SCOTT WANG
VICE PRESIDENT ASIA PACIFIC$145,019$0$17,052$0$0$0$9,787$0$13,359$0$185,217$0$0$0
LINDSAY KASSOF
ASSOCIATE COUNSEL$127,704$0$15,660$0$0$0$8,732$0$12,055$0$164,151$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2MEHRAN EFTEKHAR, DIRECTOR HAS BUSINESS RELATIONSHIP WITH GHAZI ABU NAHL, CHAIRMAN.
FORM 990, PART VI, SECTION A, LINE 6MEMBERS CONSIST OF WORLD TRADE CENTERS THROUGHOUT THE WORLD.
FORM 990, PART VI, SECTION A, LINE 7ANOTICES ARE SENT TO THE WTCA'S MEMBERS FOR BOARD ELECTIONS. BALLOTS ARE CAST VIA A SECURE INTERNET SITE, FACSIMILE OR E-MAIL TO THE DESIGNATED ELECTION MONITOR AND IN PERSON AT THE GENERAL ASSEMBLY. BALLOTING CLOSES PROMPTLY AT 5PM ON THE CLOSE OF THE ELECTION PERIOD AND NO BALLOTS WILL BE ACCEPTED AFTER THAT TIME. THE BALLOTS ARE CAST AND NO BALLOTS ARE DOUBLE COUNTED IF THEY ARE SUBMITTED TWICE. BASED ON THE COUNTS THE NEW BOARD MEMBERS ARE SELECTED BY GEOGRAPHIC REGIONS WITH THE MOST VOTES AND THEN WINNERS ARE CONFIRMED. VOTING RECORDS ARE MAINTAINED IN CONFIDENCE.
FORM 990, PART VI, SECTION A, LINE 7BMEMBERS HAVE SOLE AUTHORITY TO AMEND THE WTCA'S BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11THE 990 REVIEW IS PERFORMED BY THE AUDIT AND RISK COMMITTEE AND THE INTERNAL FINANCIAL PERSON WITH COMPARISON TO THE AUDITED FINANCIAL STATEMENTS AND SCHEDULES PROVIDED TO THE TAX PREPARER. FINAL DRAFT OF FORM 990 IS PROVIDED TO ALL THE BOARD MEMBERS PRIOR TO FILING WITH IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES TO RE-AFFIRM THE POLICY BY SIGNING CONFLICT OF INTEREST DISCLOSURE ANNUALLY WHICH IS SUBMITTED TO THE DIRECTOR OF CORPORATE SERVICES.
FORM 990, PART VI, SECTION B, LINE 15THE NOMINATION AND COMPENSATION COMMITTEE RECOMMENDS ALL COMPENSATION TO THE INDEPENDENT BOARD OF DIRECTORS FOR APPROVAL. DURING THE BUDGETING PROCESS, THERE IS A DETAILED REVIEW FOR COMPENSATION AND FRINGE BENEFITS FOR THE CEO, KEY EMPLOYEES, AS WELL AS OTHER EMPLOYEES AND NEW HIRES. THE METHOD USED COMPARES BENCHMARKS, SURVEYS AND ANALYSIS OF OTHER NONPROFIT ASSOCIATIONS WITH SIMILAR VISIONS. THE BOARD OF DIRECTORS APPROVES ALL THE COMPENSATION DURING THE BOARD MEETING AND IT IS DOCUMENTED IN THE MINUTES.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WTCA HOLDINGS LIMITEDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1LEVEL 54 HOPEWELL CTR 183 QUEENS RAddressLine1Txt
CountryHKCountryCd
FieldValueIRS element (for citing)
Primary ActivitiesPROVIDE FACILITY DEVELOPMENT AND TRADE SERVICES TO WTCA MEMBERSPrimaryActivitiesTxt
Legal Domicile Foreign CountryHKLegalDomicileForeignCountryCd
Total Income$0TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1WORLD TRADE CENTERS ASSOCIATION INCBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WORLD TRADE CENTERS ASSOCIATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 BROADWAY SUITE 3350AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10271ZIPCd
FieldValueIRS element (for citing)
EIN261591065EIN
Primary ActivitiesSOCIAL WELFAREPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1WORLD TRADE CENTERS ASSOCIATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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