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Joint Industry Advancement Fund

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

EIN: 421643369 ✦ Farmingdale, NY ✦ Designated as a 501(c)(5)

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Overview

What is Joint Industry Advancement Fund?

The Joint Industry Advancement Fund is a nonprofit organization situated in Farmingdale, New York. Its primary mission is to pioneer innovative, collaborative strategies for the advancement of various industries. This initiative seeks to foster new approaches that can drive industry growth and development. The fund remains dedicated to this purpose, promoting collaboration and innovation within the industry ecosystem.

Is Joint Industry Advancement Fund legitimate?

Joint Industry Advancement Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Joint Industry Advancement Fund 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

What is the mission statement of Joint Industry Advancement Fund?

The Joint Industry Advancement Fund is established with the mission to promote innovative joint strategies for the progression of the industry. By fostering collaborative efforts, the fund aims to drive advancements in various sectors of the industry. The primary objective of the fund is to encourage the development and implementation of novel approaches to industry development. The fund's activities are focused on promoting industry growth and progress through collective efforts and innovative strategies.

What is the revenue of Joint Industry Advancement Fund?

Joint Industry Advancement Fund's revenue in 2024 was $3,089,176.

Who are the executives of Joint Industry Advancement Fund and what are their salaries?

Here are 12 key members and their salaries:


John Duffy (Trustee)
  • Compensation: $0
  • Related: $356,738
  • Other: $96,067
John J Duffy (Trustee)
  • Compensation: $0
  • Related: $305,045
  • Other: $96,067
Dennis Adrian (Trustee)
  • Compensation: $0
  • Related: $298,171
  • Other: $96,067
William Duffy Jr (Trustee)
  • Compensation: $0
  • Related: $300,258
  • Other: $97,267
James Pratt Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Haney Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Herbst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Malizia (Business Agent)
  • Compensation: $0
  • Related: $301,533
  • Other: $96,067
Vincent D Razzano (Training Director)
  • Compensation: $0
  • Related: $242,995
  • Other: $77,972
Shawn Coles (Business Agent)
  • Compensation: $0
  • Related: $298,663
  • Other: $96,067
Stephen Barnett (Fund Administrator)
  • Compensation: $0
  • Related: $291,259
  • Other: $72,108
Christopher Duffy (Annuity Admin)
  • Compensation: $0
  • Related: $246,418
  • Other: $58,396
Where can I find the form 990 for Joint Industry Advancement Fund?

Joint Industry Advancement Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Joint Industry Advancement Fund

The Joint Industry Advancement Fund, as its mission statement suggests, is committed to fostering novel and collaborative strategies for the betterment of various industries. Its primary objective is to champion innovative joint approaches, aiming to drive industry advancement and progress. By promoting such collaborations, the Fund seeks to propel industries forward and contribute to their collective growth.

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Impact




October, 2024

The Joint Industry Advancement Fund plays a crucial role in fostering new innovative approaches within the industry. By promoting collaboration and advancement, it seeks to implement joint solutions that address key challenges faced by various sectors. This initiative not only encourages creativity and innovation but also contributes to the overall growth and efficiency of the industry. Located in Farmingdale, NY, the Fund focuses on enhancing employment opportunities and driving forward-thinking methodologies that benefit the workforce. Its impact can be seen in the development of strategies that unite different industry players, facilitating a more cohesive and progressive environment.




This information is meant to be a general summary of Joint Industry Advancement Fund. 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
$3,089,176 (2024)
Expenses
$1,761,606 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $81,614
  • Program Service Revenue: $3,007,562
  • Gross Receipts: $3,089,176

Assets and Liabilities:

  • Total Assets: $2,282,557
  • Total Liabilities: $273,027
  • Net Assets: $2,009,530

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,007,562

Organization Details

Founding Year

2004

Principal Officer

John Duffy

NTEE Category

Code: J40 - Employment

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