Overview
What is Indiana Illinois & Iowa Foundation For Fair Contracting?
The Indiana, Illinois, and Iowa Foundation for Fair Contracting, located in Countryside, Illinois, is a dedicated nonprofit organization with a mission to safeguard fair bidding opportunities and ensure equitable wage payments for responsible contractors. By monitoring and tracking construction projects for potential violations of the Davis-Bacon Act, this foundation strives to protect taxpayer dollars and strengthen the construction industry in Indiana, Illinois, and Iowa. With a team of 20 dedicated individuals, the foundation plays a crucial role in promoting fairness and accountability in the construction sector.
Official website here: www.iiiffc.org
Is Indiana Illinois & Iowa Foundation For Fair Contracting legitimate?
Indiana Illinois & Iowa Foundation For Fair Contracting is a legitimate nonprofit organization registered as a 501(c)(5) entity. Indiana Illinois & Iowa Foundation For Fair Contracting 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:
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Other Salaries and Wages: $1,485,444
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Official website here: www.iiiffc.org
What is the mission statement of Indiana Illinois & Iowa Foundation For Fair Contracting?
The Indiana, Illinois, and Iowa Foundation for Fair Contracting (III FFC) is committed to monitoring and tracking construction projects for potential violations of the Davis-Bacon Act. Its mission is to enhance opportunities for responsible contractors, ensuring fair bidding, and safeguarding the fair payment of wages and fringe benefits. By doing so, the organization protects taxpayer dollars, promoting a level playing field in the construction industry. The III FFC's activities aim to uphold fair labor practices, safeguarding the financial interests of the public while supporting responsible contractors.
Official website here: www.iiiffc.org
Who is the CEO of Indiana Illinois & Iowa Foundation For Fair Contracting?
Marc Poulos is the Executive Director of Indiana Illinois & Iowa Foundation For Fair Contracting.
Official website here: www.iiiffc.org
What is the revenue of Indiana Illinois & Iowa Foundation For Fair Contracting?
Indiana Illinois & Iowa Foundation For Fair Contracting's revenue in 2022 was $4,051,385.
Official website here: www.iiiffc.org
Who are the executives of Indiana Illinois & Iowa Foundation For Fair Contracting and what are their salaries?
The average compensation at Indiana Illinois & Iowa Foundation For Fair Contracting during 2022 was $74,272. There are 20 employees at Indiana Illinois & Iowa Foundation For Fair Contracting.
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- Related: $277,853
- Other: $127,293
Official website here: www.iiiffc.org
Where can I find the form 990 for Indiana Illinois & Iowa Foundation For Fair Contracting?
Indiana Illinois & Iowa Foundation For Fair Contracting's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iiiffc.org
Learn more at the official website: www.iiiffc.org
Mission Statement of Indiana Illinois & Iowa Foundation For Fair Contracting
The Indiana, Illinois, and Iowa Foundation for Fair Contracting plays a crucial role in monitoring and tracking construction projects, investigating potential violations of the Davis-Bacon Act. Their mission is to promote fair bidding opportunities for responsible contractors, ensure the fair payment of wages and fringe benefits, and safeguard taxpayer dollars. Through their activities, the Foundation enhances the chances of responsible contractors bidding on projects fairly, ensuring they receive appropriate compensation, including wages and fringe benefits. By doing so, the organization protects the public funds invested in construction projects, ensuring they are utilized effectively and efficiently.
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Impact
October, 2024
The Indiana Illinois & Iowa Foundation For Fair Contracting plays a critical role in ensuring fair practices in the construction industry by monitoring and tracking construction projects for potential violations of the Davis-Bacon Act. This oversight enhances opportunities for responsible contractors to participate in fair bidding processes while ensuring that workers receive fair wages and appropriate fringe benefits. By protecting the integrity of wage standards, the foundation also safeguards taxpayer dollars, promoting greater accountability and equity in public construction projects. Their efforts not only contribute to a more level playing field for contractors but also support the overall economic health of the communities they serve.
This information is meant to be a general summary of Indiana Illinois & Iowa Foundation For Fair Contracting. 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 2022.
- Gross Receipts: $4,051,385
Assets and Liabilities:
- Total Assets: $1,894,340
- Total Liabilities: $137,417
- Net Assets: $1,756,923
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Organization Details
Founding Year
1999
Phone
(815) 254-3332Principal Officer
Marc Poulos
Main Address
6170 JOLIET RD 200, COUNTRYSIDE, IL, 60525
Website
www.iiiffc.orgNTEE Category
Code: J40 - Employment
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