Overview
What is Inter Faculty Organization?
The Inter Faculty Organization (IFO) is a community-driven nonprofit based in St. Paul, Minnesota, specifically at 490 Concordia Avenue 125. Its primary mission is to champion the cause of high-quality, accessible, and inclusive public higher education in Minnesota. The IFO serves as a collective bargaining agent for faculty members across Minnesota State Universities, advocating for their interests, welfare, and aspirations. Through contract enforcement and lobbying efforts, the IFO strives to improve funding, salaries, and benefits for faculty members, ultimately contributing to better working conditions within the higher education sector in Minnesota. The organization is governed by its members, ensuring that their concerns and challenges are recognized and addressed in its mission to enhance higher education and improve the livelihoods of faculty members.
Official website here: www.ifo.org
Is Inter Faculty Organization legitimate?
Inter Faculty Organization is a legitimate nonprofit organization registered as a 501(c)(5) entity. Inter Faculty Organization 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: $224,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $792,329
For more financial information, click here
Official website here: www.ifo.org
What is the mission statement of Inter Faculty Organization?
The Inter Faculty Organization serves as the collective bargaining agent for faculty members in Minnesota State Universities. Its primary mission involves advocating for funding and improvements in salaries and benefits through legislative lobbying. In addition to this, the organization takes professional responsibility for promoting excellent, accessible, and inclusive public higher education. The IFO represents the interests, welfare, and aspirations of its faculty members, ensuring their concerns are heard and respected in its efforts to enhance higher education in Minnesota. This includes working towards better wages, benefits, and working conditions for faculty members.
Official website here: www.ifo.org
What is the revenue of Inter Faculty Organization?
Inter Faculty Organization's revenue in 2024 was $2,174,702.
Official website here: www.ifo.org
Who are the executives of Inter Faculty Organization and what are their salaries?
The average compensation at Inter Faculty Organization during 2024 was $37,653. There are 27 employees and 8 volunteers at Inter Faculty Organization.
Here are 32 key members and their salaries:
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- Compensation: $131,887
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- Compensation: $131,887
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- Compensation: $137,831
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- Other: $57,293
- Compensation: $124,048
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- Other: $40,306
Official website here: www.ifo.org
Where can I find the form 990 for Inter Faculty Organization?
Inter Faculty Organization's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ifo.org
Learn more at the official website: www.ifo.org
Mission Statement of Inter Faculty Organization
The Inter Faculty Organization serves as a collective bargaining agent for faculty members in Minnesota State Universities. Its mission is centered around advocating for funding and improvements in salaries and benefits for these faculty members. By acting as a legislative lobbyist, the Inter Faculty Organization seeks to enhance the working conditions and overall well-being of its members, demonstrating a commitment to promoting excellent, accessible, and inclusive public higher education in Minnesota. This community of professionals represents the interests, welfare, and aspirations of its faculty members, ensuring their priorities and challenges are heard and respected in the organization's mission to improve higher education in the state and provide better wages, benefits, and working conditions.
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Impact
October, 2024
The Inter Faculty Organization (IFO) plays a significant role in enhancing the landscape of public higher education in Minnesota. By acting as a collective bargaining agent for faculty at Minnesota state universities, the IFO ensures that educators have a unified voice in negotiating fair wages, benefits, and working conditions. This advocacy is crucial in a landscape where faculty members strive for recognition and support in their professional roles.
Additionally, the IFO engages in legislative lobbying to secure funding and advocate for improvements that directly impact faculty members and the quality of education provided to students. Their efforts help shape policies that enhance accessibility and inclusivity in higher education, aligning with their commitment to fostering a robust academic community.
The governance structure of the IFO empowers its members by allowing them to influence decisions and priorities. This member-driven approach reinforces a sense of solidarity among faculty and ensures that their needs and concerns are consistently prioritized in the organization’s initiatives. The IFO's impact is felt not only in improved compensation and benefits but also in the broader enhancement of educational standards and opportunities within Minnesota's public universities.
This information is meant to be a general summary of Inter Faculty Organization. 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 2024.
- Investment Income: $118,462
- Program Service Revenue: $2,053,179
- Gross Receipts: $2,174,702
Assets and Liabilities:
- Total Assets: $4,843,709
- Total Liabilities: $875,983
- Net Assets: $3,967,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,053,179
Organization Details
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