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Fp2 Inc

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

EIN: 364658147 ✦ Glen ellyn, IL ✦ Designated as a 501(c)(6)

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Overview

What is Fp2 Inc?

Fp2 Inc is a nonprofit organization situated in Glen Elllyn, Illinois. Its primary mission is to advocate for the preservation of existing highway systems in an acceptable manner, benefitting both users and freight haulers. They achieve this goal by advocating for national policies, engaging in promotional activities such as trade shows, and supporting research programs. Specifically, Fp2 Inc backs the National Center for Pavement Preservation at Michigan State University, in line with the Preservation Research Roadmap recently published by the Federal Highway Administration. Their aim is to promote pavement preservation as a proactive approach to maintaining highways, reduce the use of new road materials, lower energy costs, and decrease greenhouse gas emissions.


Official website here: www.fp2.org

Is Fp2 Inc legitimate?

Fp2 Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fp2 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.


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.fp2.org

What is the mission statement of Fp2 Inc?

Fp2 Inc's mission is centered around promoting and educating the public on the importance of pavement preservation. The organization aims to advocate for pavement preservation as a proactive approach to maintaining highways. By promoting this concept, they strive to reduce the use of new virgin road materials, lower energy costs, and minimize greenhouse gas emissions. Furthermore, Fp2 Inc conducts research and studies on various pavement preservation methodologies.


Official website here: www.fp2.org

Who is the CEO of Fp2 Inc?

Rick Church is the Director of Fp2 Inc.


Official website here: www.fp2.org

What is the revenue of Fp2 Inc?

Fp2 Inc's revenue in 2022 was $334,249.


Official website here: www.fp2.org

Who are the executives of Fp2 Inc and what are their salaries?

There 12 volunteers at Fp2 Inc.


Here are 14 key members and their salaries:


Dave Welborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Betsold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Grass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Koeninger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Huitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Coughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Frey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rathbun (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ishee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Harrawood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Moulthrop (Executive Director (Ended 1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Church (Executive Director (Start 1/22))
  • Compensation: $75,000
  • Related: $0
  • Other: $0


Official website here: www.fp2.org

Where can I find the form 990 for Fp2 Inc?

Fp2 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fp2.org

Learn more at the official website: www.fp2.org

Mission Statement of Fp2 Inc

Fp2 Inc, a nonprofit organization, is dedicated to promoting and educating the public on the significance of pavement preservation. The primary purpose of this organization is to advocate for pavement preservation as a proactive approach to maintaining our highways. Fp2 Inc believes that by adopting this approach, we can reduce the reliance on new virgin road materials, lower energy costs, and decrease greenhouse gas emissions.

In line with its mission, Fp2 Inc conducts research and studies on various pavement preservation methodologies. This endeavor aims to enhance our understanding of effective pavement preservation strategies, thereby contributing to more sustainable and eco-friendly transportation infrastructure. By promoting and educating the public on the value of pavement preservation, Fp2 Inc strives to foster a more responsible and sustainable approach to highway maintenance.

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Impact




October, 2024

Fp2 Inc plays a critical role in advancing the preservation of highway systems, emphasizing the long-term benefits of maintaining existing infrastructure rather than relying solely on new construction. By educating the public, government agencies, and industry stakeholders, Fp2 Inc advocates for proactive pavement preservation strategies that significantly reduce the need for new virgin materials. This approach not only results in cost savings but also contributes to energy conservation and a decrease in greenhouse gas emissions.

Through its promotional activities—such as participation in trade shows and public outreach—Fp2 Inc raises awareness about the importance of pavement preservation. Their collaboration with research programs, particularly through partnerships like the National Center for Pavement Preservation at Michigan State University, supports the development of innovative methodologies that enhance the effectiveness of preservation practices.

Overall, Fp2 Inc's efforts lead to more sustainable transportation systems, improved community infrastructure, and a responsible approach to resource management, benefiting both users and freight haulers while simultaneously promoting environmental stewardship.




This information is meant to be a general summary of Fp2 Inc. 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
$334,249 (2022)
Expenses
$385,553 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $334,249

Assets and Liabilities:

  • Total Assets: $94,019
  • Total Liabilities: $3,430
  • Net Assets: $90,589

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Organization Details

Founding Year

2009

Principal Officer

Rick Church

Main Address

800 ROOSEVELT ROAD BUILDING C-312, GLEN ELLYN, IL, 60137

NTEE Category

Code: S41 - Community improvement

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