Overview
What is Flooring Industry Advancement Foundation?
The Flooring Industry Advancement Foundation, based in Fenton, Missouri, is a nonprofit organization dedicated to the betterment of the flooring industry. Their mission encompasses market research, development, and the utilization of field experience to align with training requirements. By doing so, they aim to enhance the industry's reputation, promoting the benefits of utilizing foundation members for flooring installations to consumers. Their activities include informational and promotional programs, all aimed at advancing the flooring industry.
Is Flooring Industry Advancement Foundation legitimate?
Flooring Industry Advancement Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Flooring Industry Advancement Foundation 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Flooring Industry Advancement Foundation?
The Flooring Industry Advancement Foundation's mission is to progress the flooring industry by engaging in market research, development, and promotional programs. This is achieved through field experience and informational initiatives, aiming to enhance the industry's standards and communicate the benefits of using foundation members for flooring installations to consumers.
What is the revenue of Flooring Industry Advancement Foundation?
Flooring Industry Advancement Foundation's revenue in 2024 was $316,249.
Who are the executives of Flooring Industry Advancement Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Flooring Industry Advancement Foundation?
Flooring Industry Advancement Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Flooring Industry Advancement Foundation
The Flooring Industry Advancement Foundation, in its mission, aims to foster the growth and betterment of the flooring industry. It accomplishes this by conducting comprehensive market research, spearheading development projects, and promoting informational and promotional programs. By coordinating field experience with necessary training requirements and advertising the advantages of utilizing foundation members for flooring installations, the Flooring Industry Advancement Foundation is dedicated to enhancing the overall standing of the flooring industry. This nonprofit organization strives to improve the industry's competence, professionalism, and reputation, ultimately benefiting both industry professionals and consumers alike.
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Impact
October, 2024
The Flooring Industry Advancement Foundation has a significant impact on the flooring sector by promoting, improving, and advancing the industry through targeted initiatives. By conducting comprehensive market research and development, the Foundation provides vital insights that help industry stakeholders make informed decisions.
Through coordination of field experience with training requirements, the Foundation enhances the skill set of professionals in the industry, ensuring that they are well-equipped to meet the demands of modern consumers. Additionally, the Foundation implements informational and promotional programs aimed at educating consumers about the benefits of using its members for flooring installation.
This strategic outreach not only elevates standards within the industry but also fosters community improvement by connecting consumers with qualified professionals, ultimately leading to higher satisfaction rates and better installation outcomes. The Foundation's efforts serve to unify the flooring industry, creating a network of excellence that benefits both consumers and installers alike.
This information is meant to be a general summary of Flooring Industry Advancement Foundation. 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: $1,258
- Program Service Revenue: $314,991
- Gross Receipts: $316,249
Assets and Liabilities:
- Total Assets: $386,308
- Total Liabilities: $0
- Net Assets: $386,308
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$314,991
Organization Details
Founding Year
1980
Principal Officer
Rich Cooper
NTEE Category
Code: S41 - Community improvement
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