Overview
What is Industrial Areas Foundation?
The Industrial Areas Foundation, established in 1940, is a distinguished and enduring network of local faith and community-driven organizations across the nation. This organization fosters the creation of independent groups, comprising individuals from various racial and socioeconomic backgrounds. Their primary goal is to drive productive improvements in the public sector. By leveraging these newly formed political realities, the Industrial Areas Foundation members innovate and institute new social realities. This nonprofit continues to uphold its mission as the nation's longest-standing network of its kind, contributing to community development and social change.
Official website here: www.industrialareasfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Industrial Areas Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score signifies that the organization effectively manages its resources and adheres to best practices, showcasing a commitment to transparency and responsible financial stewardship.
The organization boasts a higher percentage of independent board members, indicating a robust governance structure. With key policies like conflict of interest and whistleblower protections in place, the foundation demonstrates a proactive approach to ethical management. Additionally, the impressive program expense ratio suggests that a significant portion of its resources is directed toward its missions and programs.
While the rating highlights many strengths, it is essential to remain aware of the overall context of its operations. The data provided does not elaborate on the impact of the foundation's programs or any challenges it may face. However, based on the financial metrics available, the Industrial Areas Foundation appears to be a well-managed organization with a strong focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Industrial Areas Foundation?
Currently, there are only two reviews available for the Industrial Areas Foundation on Facebook, and while they don’t offer extensive insights, one review stands out positively. A reviewer appreciates the organization's clever approach, suggesting that it empowers individuals to take on significant roles in their communities.
Due to the limited number of reviews, it's challenging to draw broader conclusions about the overall sentiment. However, the indication from the feedback is that the foundation has a strategic and impactful method of organizing communities. As they gather more input from a wider audience, there could be a more comprehensive view of their services and effectiveness.
This AI summary has been generated from reviews found on Facebook.
Is Industrial Areas Foundation legitimate?
Industrial Areas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Industrial Areas Foundation 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: $427,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,870
For more financial information, click here
Official website here: www.industrialareasfoundation.org
What is the mission statement of Industrial Areas Foundation?
The Industrial Areas Foundation, established in 1940, serves as the nation's largest and longest-standing network of local faith and community-based organizations. Its mission involves creating independent organizations, composed of individuals from various racial and socioeconomic backgrounds, focused on fostering productive improvements in the public arena. By leveraging these newly established political realities, the Industrial Areas Foundation facilitates the invention and establishment of novel social realities.
Official website here: www.industrialareasfoundation.org
What is the revenue of Industrial Areas Foundation?
Industrial Areas Foundation's revenue in 2023 was $1,575,113.
Official website here: www.industrialareasfoundation.org
Who are the executives of Industrial Areas Foundation and what are their salaries?
The average compensation at Industrial Areas Foundation during 2023 was $149,190. There are 3 employees at Industrial Areas Foundation.
Here are 8 key members and their salaries:
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- Compensation: $85,000
- Related: $0
- Other: $16,827
- Compensation: $171,360
- Related: $0
- Other: $64,146
- Compensation: $171,360
- Related: $0
- Other: $68,226
Official website here: www.industrialareasfoundation.org
Where can I find the form 990 for Industrial Areas Foundation?
Industrial Areas Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.industrialareasfoundation.org
Learn more at the official website: www.industrialareasfoundation.org
Mission Statement of Industrial Areas Foundation
The Industrial Areas Foundation, established in 1940, serves as the nation's largest and longest-standing network of local faith and community-based organizations. The mission of this organization is to initiate and foster independent organizations, comprised of individuals from diverse racial and socio-economic backgrounds. These groups focus on promoting constructive improvements in the public domain. By leveraging the political realities created by these organizations, the Industrial Areas Foundation catalyzes the invention and establishment of new social realities. In essence, the foundation empowers communities to address and shape their own societal concerns.
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Impact
October, 2024
The Industrial Areas Foundation (IAF) plays a crucial role in empowering communities by fostering the development of independent organizations that bring together diverse members across races and classes. By focusing on collaborative efforts to drive productive improvements in the public arena, IAF creates new political landscapes that allow communities to advocate for their needs effectively.
Through its decades-long commitment, IAF has built a robust network of local faith and community-based organizations, particularly since its founding in 1940. This network not only strengthens community ties but also champions initiatives that lead to tangible social change. By equipping leaders and organizers with the tools and strategies needed to effect change, the IAF inspires communities to take ownership of their social realities, advocating for improvement in various civic issues. Ultimately, the impact of IAF lies in its ability to transform civic engagement into comprehensive solutions that address the needs and challenges faced by diverse communities across the nation.
This information is meant to be a general summary of Industrial Areas Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,539
- Program Service Revenue: $1,349,029
- Gross Receipts: $1,575,113
Assets and Liabilities:
- Total Assets: $1,760,604
- Total Liabilities: $292,460
- Net Assets: $1,468,144
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,349,029
Organization Details
Founding Year
1940
Principal Officer
Martin Trimble
NTEE Category
Code: T30 - Philanthropy
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