Midwest Region Foundation For Fair Contracting Inc

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

EIN: 371338273 ✦ Springfield, IL ✦ Designated as a 501(c)(5)

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Overview

What is Midwest Region Foundation For Fair Contracting Inc?

Midwest Region Foundation For Fair Contracting Inc is a nonprofit organization with an unspecified location, primarily focused on monitoring construction projects. Their mission is to ensure fairness and transparency in contracting processes, promoting ethical business practices in the construction industry. Although details about their additional activities or impact in the community are not provided, it is evident that their primary purpose is to maintain fairness and integrity in the construction sector.


Official website here: www.mrffc.org

Is Midwest Region Foundation For Fair Contracting Inc legitimate?

Midwest Region Foundation For Fair Contracting Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Midwest Region Foundation For Fair Contracting 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: $338,374

For more financial information, click here


Official website here: www.mrffc.org

What is the mission statement of Midwest Region Foundation For Fair Contracting Inc?

The Midwest Region Foundation for Fair Contracting Inc. is committed to monitoring construction projects. Their primary mission is to ensure fairness and transparency in the construction industry. They oversee projects to ensure that contracts are adhered to, promoting integrity and ethical business practices. Their role is vital in maintaining accountability in the construction sector, thereby fostering trust and confidence among stakeholders.


Official website here: www.mrffc.org

Who is the CEO of Midwest Region Foundation For Fair Contracting Inc?

David Frye is the Chairman of Midwest Region Foundation For Fair Contracting Inc.


Official website here: www.mrffc.org

What is the revenue of Midwest Region Foundation For Fair Contracting Inc?

Midwest Region Foundation For Fair Contracting Inc's revenue in 2022 was $1,157,084.


Official website here: www.mrffc.org

Who are the executives of Midwest Region Foundation For Fair Contracting Inc and what are their salaries?

The average compensation at Midwest Region Foundation For Fair Contracting Inc during 2022 was $67,675. There are 5 employees at Midwest Region Foundation For Fair Contracting Inc.


Here are 12 key members and their salaries:


John Penn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Penn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glyn Ramage (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Schaive (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bruner (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Stark Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Keeley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Brewer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Boyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Eiker (Director)
  • Compensation: $0
  • Related: $75,572
  • Other: $65,648
Melissa Hendricker (Administrator)
  • Compensation: $0
  • Related: $103,651
  • Other: $82,911


Official website here: www.mrffc.org

Where can I find the form 990 for Midwest Region Foundation For Fair Contracting Inc?

Midwest Region Foundation For Fair Contracting Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mrffc.org

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

Mission Statement of Midwest Region Foundation For Fair Contracting Inc

The Midwest Region Foundation for Fair Contracting Inc is an organization dedicated to overseeing construction projects. Their primary mission is to ensure fairness and transparency in the contracting process, acting as a monitor to prevent any potential misconduct or unfair practices. By keeping a close eye on construction projects, they aim to promote integrity and equality in the industry, ultimately benefiting all parties involved. The foundation's role in monitoring these projects serves to maintain trust and confidence in the construction sector, ensuring that projects are completed according to agreed-upon terms and conditions.

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Impact




October, 2024

Midwest Region Foundation For Fair Contracting Inc significantly impacts the construction industry by monitoring construction projects to ensure compliance with fair contracting practices. They play a vital role in promoting equitable employment opportunities and safeguarding workers' rights. By overseeing various construction initiatives, they contribute to the integrity of the industry, ensuring that standards are maintained, and that both labor and management adhere to fair practices. Their efforts help to enhance transparency and accountability, ultimately benefiting the workforce and the broader community in which they operate.




This information is meant to be a general summary of Midwest Region Foundation For Fair Contracting 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
$1,157,084 (2022)
Expenses
$1,023,834 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $79,119
  • Program Service Revenue: $1,016,335
  • Gross Receipts: $1,157,084

Assets and Liabilities:

  • Total Assets: $2,302,488
  • Total Liabilities: $14,165
  • Net Assets: $2,288,323

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$1,016,335

Organization Details

Founding Year

1999

Principal Officer

David Frye

Main Address

1 NORTH OLD STATE CAPITOL PLAZA, SPRINGFIELD, IL, 62701

NTEE Category

Code: J20 - Employment

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