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Two Ten Footwear Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222579809 ✦ Waltham, MA ✦ Designated as a 501(c)(3)

Overview

What is Two Ten Footwear Foundation Inc?

Two Ten Footwear Foundation Inc is a nonprofit organization based in Waltham, Massachusetts, dedicated to supporting footwear industry employees and their families during times of crisis. Their primary focus is providing emergency financial assistance to cover essential needs such as housing costs, utility bills, and car repairs. They also offer resources for natural disaster relief, referrals to specialized services, and community resources. In FY22, they assisted 1,397 families and responded to calls from 2,647 individuals, offering assistance in various forms like rent or mortgage payments, utility bills, and car repairs. Additionally, they offer higher education scholarships to eligible applicants working within the footwear industry or their dependents. The scholarships are awarded based on financial need, academic ability, and personal promise. In FY22, they funded 149 students with scholarships, with most receiving awards between $4,000 and $5,000 annually. Two Ten Footwear Foundation Inc serves individuals from 50 states, Puerto Rico, and the U.S. Virgin Islands, with the top five states seeking their services being Tennessee, Louisiana, Michigan, Indiana, and Arkansas in FY22.


Official website here: www.twoten.org

Is Two Ten Footwear Foundation Inc legitimate?

Two Ten Footwear Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Two Ten Footwear Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,985,885

For more financial information, click here


Official website here: www.twoten.org

What is the mission statement of Two Ten Footwear Foundation Inc?

Two Ten Footwear Foundation Inc's mission is centered around providing support services to individuals employed or formerly employed in the footwear industry and their immediate family members. This support encompasses financial, educational, social, and counseling services during times of crisis. The organization offers emergency financial assistance for various immediate needs, natural disaster relief, referrals to specialized services, and essential community resources. In addition, Two Ten Foundation provides higher education scholarships to footwear industry employees and their families based on financial need, academic ability, and personal promise. The foundation serves a wide range of footwear employees from different states and assists them with their educational expenses.


Official website here: www.twoten.org

Who is the CEO of Two Ten Footwear Foundation Inc?

Clyde Sylvia is the Director of Two Ten Footwear Foundation Inc. The CEO's salary of Two Ten Footwear Foundation Inc is $361,352 and their total compensation is $393,730.


Official website here: www.twoten.org

What is the revenue of Two Ten Footwear Foundation Inc?

Two Ten Footwear Foundation Inc's revenue in 2022 was $5,812,562.


Official website here: www.twoten.org

Who are the executives of Two Ten Footwear Foundation Inc and what are their salaries?

The average compensation at Two Ten Footwear Foundation Inc during 2022 was $124,118. There are 16 employees at Two Ten Footwear Foundation Inc.

Here are 42 key members and their salaries (Two Ten Footwear Foundation Inc's CEO's salary is $361,352 and their total compensation is $393,730):

    Shawn Osborne (President And Ceo)
  • Compensation: $361,352
  • Related: $0
  • Other: $32,378

    • Terri Rawson (Chief Marketing & Developm)
  • Compensation: $204,800
  • Related: $0
  • Other: $29,791

    • Stacie Finnegan (Director Of Advancement)
  • Compensation: $151,695
  • Related: $0
  • Other: $14,962

    • Lisa Tacker (Vp Relief Program And Information Technology)
  • Compensation: $140,152
  • Related: $0
  • Other: $20,046

    • Clyde Sylvia (Cfo/Coo)
  • Compensation: $137,057
  • Related: $0
  • Other: $15,446

    • Diane Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Atmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Baiocchi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Espersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tsering Namgyal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Ferree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Itzkowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Tunney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Mchugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Mcleod (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Frankel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Salzano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Muskat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Gallin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregg Ribatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Siff (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Tarica (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beverly Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Krueger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Grange (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Issler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Giovanna Cipriano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Rodbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clifton Sifford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Oblonsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Cross (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carrie Rubin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philippa Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sofia Haberman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Preston (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seth Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Pugliese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Kahan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.twoten.org

    Where can I find the form 990 for Two Ten Footwear Foundation Inc?

    The Two Ten Footwear Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.twoten.org

    Learn more at the official website: www.twoten.org

    Mission Statement of Two Ten Footwear Foundation Inc

    The Two Ten Footwear Foundation Inc, as a nonprofit organization, is committed to providing case management services to individuals employed or formerly employed in the shoe industry or their immediate family members. Its mission is to coordinate necessary financial, educational, social, and counseling services during times of crisis. This is achieved by offering emergency financial assistance to cover housing costs, utility bills, car repairs, and other immediate needs. The foundation also provides relief during natural disasters, refers individuals to specialized services such as crisis intervention, credit, and debt counseling, and offers essential community resources. Payments are made directly to footwear employees via e-check, ranging from $1,000 to $3,000 based on need. The population of footwear families assisted by Two Ten spans across 50 states, Puerto Rico, and the U.S. Virgin Islands, with the top five states seeking its services being Tennessee, Louisiana, Michigan, Indiana, and Arkansas in FY22.

    In addition to financial assistance, Two Ten Footwear Foundation Inc also offers higher education scholarships based on financial need, academic ability, and personal promise. In FY22, the foundation funded 149 students with scholarships, with most students receiving awards between $4,000 and $5,000, renewable annually if they maintain a required GPA of at least 2.5. The scholarship application process is outsourced to the International Scholarship and Tuition Services (ISTS), with the foundation's scholarship staff ranking applicants using a scoring rubric weighted by financial need, special circumstances, and academics based on GPA. The foundation serves to ease the burden of higher education costs for footwear employees or their dependents attending college.

    Impact

    This information is meant to be a general summary of Two Ten Footwear Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Two Ten Footwear Foundation Inc's impact is evident in its provision of emergency financial assistance to footwear employees and their families during times of immediate crisis. They offer support such as covering housing costs, utility bills, car repairs, and other immediate needs. Additionally, the foundation provides natural disaster relief, referrals to crisis intervention and life skills services, and essential community resources. In the fiscal year 2022, they assisted 1,397 footwear families with emergency assistance, including help with rent or mortgage payments, utility support, and auto-related expenses.

    Moreover, Two Ten Footwear Foundation facilitates higher education scholarships for footwear employees and their families based on financial need, academic ability, and personal promise. In FY22, they funded 149 students with scholarships, supporting both renewal and new scholars. The majority of the recipients received awards ranging from $4,000 to $5,000 annually, with opportunities to renew based on academic performance. Additionally, they offer a scholarship specifically for military veterans or their dependents working in the footwear industry.

    Overall, Two Ten Footwear Foundation Inc's impactful initiatives provide crucial support to individuals employed or formerly employed in the shoe industry and their families during challenging times, ultimately making a positive difference in their lives and contributing to the welfare of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,510,825
  • Program Service Revenue: $0
  • Gross Receipts: $9,052,516

    • Assets and Liabilities:
  • Total Assets: $38,171,628
  • Total Liabilities: $605,324
  • Net Assets: $37,566,304
  • Organization Details

    Founding Year

    1939

    Principal Officer

    Clyde Sylvia

    Main Address

    1466 MAIN STREET, WALTHAM, MA, 02451

    NTEE Category

    Code: S410 - Community improvement

    If you are a representative of Two Ten Footwear Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.