EIN 13-5266965

National Foreign Trade Council (NFTC)

IRS 501(c) type
501(c)(6)
Num. employees
29
Year formed
1937
Most recent tax filings
2019-04
NTEE code, primary
Description
The National Foreign Trade Council (NFTC) is the premier business organization advocating a rules-based world economy and the only national business organization that exclusively advocates the international and public policy priorities of its members.

Program areas at NFTC

The Council offers a wide range of services to its members, which include participation in several committees. These committees are responsible for the development of positions on important Trade, tax, investment, human resources and other economic issues and for the coordination of Council advocacy of such positions. In addition, the Council offers its information services to members in the form of email notices, Council highlights, and Trade matters. Emails keep senior management of member companies informed of major developments affecting u.s. international business, Council positions on critical legislative issues and coming events of special importance. Longer notes reflect the work of Council committee members and staff in the following fields: international Trade policy, international investment policy, taxation, export finance, international personnel, immigration, Foreign policy sanctions, international compensation, management development/training and management resources. Council highlights is a summary of Council activities, and Trade matters is a weekly compilation of nftc activities and events and summaries of news stories from leading publications.
The Council's committees meet periodically for various lengths of time - some of them full day or two days, others often over lunch - to conduct their work. Some committees are virtual, meeting entirely by conference call, since their membership is spread throughout the u.s. and europe.
An nftc-led coalition continues its work toward broad sanctions reform. The nftc opposes unilateral economic sanctions and works with member companies to modify existing sanctions where possible. The coalition has successfully changed the terms of debate about the uses of sanctions by emphasizing the costs to our economy and ineffectiveness of unilateral sanctions. As a result, there has been a decline in proposed new sanctions and a growing consensus that a careful cost-benefit analysis is needed. The coalition proposed major legislation to reform sanctions policy that was under active consideration in congress. The coalition won its constitutional challenge to the authority of state and local governments to institute sanctions against companies operating in their jurisdiction because they also operate in a country targeted for sanctions. Also, during the fiscal year, the Council continued its work in support of the ratification of bilateral tax treaties. The Council also has initiated a wto special project that develops position papers intended to facilitate the successful outcome of multilateral Trade negotiations. Also in the Trade area, the nftc has served as secretariat for the u.s.-morocco free Trade agreement coalition, the u.s.-bahrain free Trade agreement coalition, the middle east free Trade area coalition, the u.s.-oman free Trade agreement coalition, and the u.s.-sacu free Trade agreement coalition. All of these activities provided relevant information to many of our member companies having international operations.

Form 990s for NFTC

Fiscal year endingDate received by IRSFormPDF link
2019-042021-03-12990OView PDF
2018-042019-05-02990OView PDF
2017-042018-05-07990OView PDF
2016-042017-08-10990OView PDF
2015-042016-04-01990OView PDF
...and 4 more Form 990s

Financials for NFTC

RevenuesFYE 04/2018
Total grants, contributions, etc.$0
Program services$2,348,869
Investment income and dividends$1,187
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-558
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$935,048
Total revenues$3,284,546

Personnel at NFTC

NameTitleCompensation
Catherine SchultzVice President, Tax Policy
Vanessa SciarraVice President for Legal Affairs and Trade and Investment Policy
Jake ColvinVice President, Global Trade Issues
 Subscribe to viewVice President
 Subscribe to viewExecutive Director
...and 5 more key personnel

Organizations like NFTC

OrganizationLocationRevenue
Better Business Bureau of Los Angeles and Silicon ValleySan Jose, CA$3,310,529
Dallas Citizens Council (DCC)Dallas, TX$1,951,774
Federation of Independent Illinois Colleges & UniversitiesSpringfield, IL$1,069,910
ForthPortland, OR$3,191,671
CreativeFutureLos Angeles, CA$3,000,000
TechNYCNew York, NY$1,284,460
Orange County Technology Action Network (OCTANE)Aliso Viejo, CA$2,573,813
Cloud Security Alliance (CSA)Seattle, WA$4,574,941
BridgNeocity, FL$14,267,961
Better Business Bureau of Eastern North Carolina (BBB)Raleigh, NC$1,638,915
Better Business Bureau of Upstate New YorkAmherst, NY$3,493,406
Iowa Hospital AssociationDes Moines, IA$8,533,581
National Association of State Retirement Administrators (NASRA)Lexington, KY$1,894,368
Data Coalition (DTC)Washington, DC$1,172,775
American Council for Capital Formation (ACCF)Washington, DC$871,500
CHILDREN'S Hospital Association of Texas (CHAT)Austin, TX$1,420,180
TechNetSanta Clara, CA$4,268,236
The Silicon Valley Leadership GroupSan Jose, CA$6,008,425
Better Business Bureau Detroit and Eastern Michigan (BBB)Southfield, MI$2,488,775
Delmarva Poultry IndustryGeorgetown, DE$826,377
Better Business Bureau of Greater KC (BBB)Kansas City, MO$1,300,098
Better Business Bureau of Metropolitan HoustonHouston, TX$5,650,166
Council of the AmericasNew York, NY$8,630,213
Better Business Bureau of MinnesotaBurnsville, MN$5,001,848
The Tax CouncilWashington, DC$986,962
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$3,284,546
2018
Yearly growth
6.8%
% of revenues
n/a
Total expenses
$3,251,333
2018
Yearly growth
8.9%
% of expenses
n/a
Total assets
$2,298,666
2018
Yearly growth
1.5%
% of assets
n/a
Num. employees
29
2018
Yearly growth
16%
% of total
n/a
General information
Address
1625 K Street NW Suite 200
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
nftc.org/?id=1 
Phone
(212) 399-7128
Facebook page
national-foreign-trade-council 
Twitter profile
@nftc 
IRS details
EIN
13-5266965
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization