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Floorcovering Industry Improvement Fund

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

EIN: 226512809 ✦ Barrington, RI ✦ Designated as a 501(c)(6)

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Overview

What is Floorcovering Industry Improvement Fund?

The Floorcovering Industry Improvement Fund is a nonprofit organization situated in Barrington, Rhode Island. Its primary function is to collect dues from flooring contractors and channel these funds to a trade association. The purpose of this financial support is to finance meetings and other events aimed at promoting the technical advancement of the flooring industry. By organizing these gatherings, the Fund facilitates the dissemination of industry-related information to member firms. The Fund's activities contribute to the overall growth and development of the flooring industry.


Official website here: www.nefca.us

Is Floorcovering Industry Improvement Fund legitimate?

Floorcovering Industry Improvement Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Floorcovering Industry Improvement Fund 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nefca.us

What is the mission statement of Floorcovering Industry Improvement Fund?

The Floorcovering Industry Improvement Fund's primary role is to collect dues from flooring contractors and forward these funds to a trade association. This financial support is utilized to organize meetings and other events, aiming to foster the technical advancement of the flooring industry. The fund has also provided grants to the Northeast Flooring Contractors Association to finance group meetings, serving as a platform to disseminate industry-related information to its member firms.


Official website here: www.nefca.us

Who is the CEO of Floorcovering Industry Improvement Fund?

Jim Burke is the President of Floorcovering Industry Improvement Fund.


Official website here: www.nefca.us

What is the revenue of Floorcovering Industry Improvement Fund?

Floorcovering Industry Improvement Fund's revenue in 2022 was $201,479.


Official website here: www.nefca.us

Who are the executives of Floorcovering Industry Improvement Fund and what are their salaries?


Here are 7 key members and their salaries:


L James Spiro (Clerk)
  • Compensation: $0
  • Related: $41,200
  • Other: $0
Steve Becht (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Burke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Colombo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Marrama (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcnulty (Associate Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ruggieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nefca.us

Where can I find the form 990 for Floorcovering Industry Improvement Fund?

Floorcovering Industry Improvement Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nefca.us

Learn more at the official website: www.nefca.us

Mission Statement of Floorcovering Industry Improvement Fund

The Floorcovering Industry Improvement Fund is an organization dedicated to advancing the technical aspects of the flooring industry. It accomplishes this mission by collecting dues from flooring contractors and subsequently remitting these funds to a trade association. This financial support is utilized to fund various meetings and events, serving as platforms for disseminating industry-related information to member firms. By doing so, the Floorcovering Industry Improvement Fund contributes to the continuous improvement and development of the flooring sector.

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Impact




October, 2024

The Floorcovering Industry Improvement Fund significantly impacts the flooring sector by facilitating the collection and distribution of dues from flooring contractors to trade associations. This financial support is vital for organizing meetings and events aimed at promoting technical advancements within the industry.

By granting funds to organizations like the Northeast Flooring Contractors Association, it creates essential forums for disseminating industry information among member firms. This collaborative platform encourages knowledge sharing and enhances the technical capabilities of participants, ultimately fostering growth and innovation within the flooring industry. The fund helps strengthen the professional community, leading to improved employment opportunities and industry standards.




This information is meant to be a general summary of Floorcovering Industry Improvement Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$201,479 (2022)
Expenses
$145,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,156
  • Gross Receipts: $201,479

Assets and Liabilities:

  • Total Assets: $583,004
  • Total Liabilities: $0
  • Net Assets: $583,004

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Organization Details

Principal Officer

Jim Burke

Main Address

90 COUNTY ROAD, BARRINGTON, RI, 02806

NTEE Category

Code: J40Z - Employment

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