Form 990-EZ for tax year 2022

Filed by MIAMI FOREIGN TRADE ASSOCIATION INC.

Totals

Total revenue: $57,210
Total expenses: $53,170
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $52,710
Membership dues (line 3): $4,500
Investment income (line 4): $0
Gain or loss on sale of assets (line 5c): $0
Gaming and fundraising events, net (line 6d): $0
Gross profit on inventory sales (line 7c): $0
Other revenue (line 8): $0
Total assets, end of year: $12,921
Total liabilities, end of year: $4,073
Net assets or fund balances, end of year: $8,848
Program service expenses (Part III): $0

Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

THE MIAMI FOREIGN TRADE ASSOCIATION, INC. DBA FLORIDA FOREIGN TRADE ASSOCIATION (FFTA) IS A NON-PROFIT TRADE ORGANIZATION (501-C-6) THAT REPRESENTS THE MOST DIVERSE GROUP OF INDIVIDUALS AND COMPANIES IN THE FOREIGN TRADE MARKET. FFTA PROVIDES A FORUM WHERE INFORMATION AND CONCEPTS ARE FREELY EXCHANGED, AS WELL AS THE OPPORTUNITY TO DIRECTLY PARTICIPATE IN FOREIGN TRADE MISSIONS, BUSINESS LUNCHEONS, AND NETWORKING EVENTS, WHERE COMMUNITY LEADERS AND PROFESSIONALS ADDRESS THE MEMBERS AND THEIR GUESTS ON TOPICS RELATED TO THEIR FIELDS. THE ORGANIZATION ALSO ORGANIZED TRAINING PROGRAMS, WORKSHOPS, AND SEMINARS DESIGNATED TO TRAIN BEGINNERS AND/OR EXECUTIVES IN THE EXPORT AND IMPORT SECTOR AND OTHER RELATED TOPICS.

FFTA as a pioneer of the inbound trade missions program established the program "TRADE-USA" which promotes American products and/or services to foreign buyers and US local businesses that sell their products and services. The program promotes bilateral international trade and investments by working together with Enterprise Florida, American Chambers of Commerce, and other governmental entities such as ports, airports, counties, cities, and private partners generating revenue for the State of Florida by facilitating business matchmaking business meetings between local and foreign companies during trade missions. In Y2022, FFTA was able to organize an inbound trade mission from the Dominican Republic including one-on-one business meetings presentations, and tours to 3 South Florida Ports: Miami, Port Everglades, and Palm Beach. Shipping Lines, including Seaboard Marine, Crowley, and Tropical Shipping, In addition, FFTA participated in a trade show, Expologistica in Guayaquil, Ecuador, and provide presentations at several universities. FFTA has continued providing training programs and offering scholarship Certificates from Grow with Google to benefit minority individuals and small and medium-size companies.

As filed on the 2022 return.

Listed in Part IV

Ralph Puga

President

Total calculated

$0

Hours/week

25
Horacio

Rossi

Total calculated

$0

Hours/week

5

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990_ez
Tax year: 2022
Filed: 15 April 2023
IRS schema version: 2022v5.0
Source object: 202331219349201603

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