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San Francisco Monterey Bay Foa Inc

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

EIN: 455170067 ✦ San jose, CA ✦ Designated as a 501(c)(6)

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Overview

What is San Francisco Monterey Bay Foa Inc?

San Francisco Monterey Bay Foa Inc is a nonprofit organization with a primary focus on offering charitable assistance to convenience store franchise owners in the San Francisco Bay Area and Monterey Bay regions of California. The organization serves as a trade association, striving to educate, mentor, and support its members in navigating their relationships with vendors and franchisors. With a mission to represent the interests of franchisees in their dealings with local, state, and federal governments and their agencies, the FOA aims to foster a supportive environment for its members. The organization, which employs a small team of four individuals, is committed to enhancing the success and well-being of its franchisee members.

Is San Francisco Monterey Bay Foa Inc legitimate?

San Francisco Monterey Bay Foa Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. San Francisco Monterey Bay Foa 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: $31,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of San Francisco Monterey Bay Foa Inc?

San Francisco Monterey Bay Foa Inc, as a trade association, is dedicated to representing the interests of convenience store franchisees. This association serves franchisees spanning from San Francisco to the Monterey Bay area. Its primary role is to support these franchisees in their dealings with franchisors and various government entities at local, state, and federal levels. The association aims to provide charitable assistance to these franchisees through education, mentoring, and guidance in their interactions with vendors and franchisors.

What is the revenue of San Francisco Monterey Bay Foa Inc?

San Francisco Monterey Bay Foa Inc's revenue in 2023 was $215,701.

Who are the executives of San Francisco Monterey Bay Foa Inc and what are their salaries?

The average compensation at San Francisco Monterey Bay Foa Inc during 2023 was $7,988. There are 4 employees and 16 volunteers at San Francisco Monterey Bay Foa Inc.

Here are 18 key members and their salaries:


Inderjit Sidhu (President)
  • Compensation: $11,191
  • Related: $0
  • Other: $0
Parnel Naidu (Director)
  • Compensation: $9,601
  • Related: $0
  • Other: $0
Atamjit Dhanoa (Vice President)
  • Compensation: $8,400
  • Related: $0
  • Other: $0
Seema Nibber (Secretary)
  • Compensation: $2,759
  • Related: $0
  • Other: $0
Bipin Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jalal Naderi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kuljit Matharu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandeep Muhar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shashi Sharma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gurinder Sikand (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Parwinder Dhindsa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Virk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kuljeet Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deep Khangura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amardeep Brar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reetu Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramnik Thind (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Himashu Sangar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for San Francisco Monterey Bay Foa Inc?

San Francisco Monterey Bay Foa Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of San Francisco Monterey Bay Foa Inc

San Francisco Monterey Bay Foa Inc, as a trade association, is primarily dedicated to advocating for the interests of convenience store franchisees in their dealings with franchisors and various government agencies at the local, state, and federal levels. This nonprofit organization serves as a platform for its members, ensuring their voices are heard and their concerns are addressed effectively. The association's primary mission is to educate, mentor, and assist these franchisees in managing their relationships with vendors and franchisors, thereby promoting a fair and beneficial business environment for all involved parties. By doing so, San Francisco Monterey Bay Foa Inc aims to contribute to the overall success and growth of the convenience store industry within its jurisdiction.

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Impact




October, 2024

San Francisco Monterey Bay Foa Inc plays a significant role in enhancing the convenience store sector across the San Francisco Bay Area and Monterey Bay. By bringing together these stores, the organization fosters collaboration and communication among members, promoting best practices and resource sharing. This collective effort contributes to community improvement by supporting local businesses, which in turn bolsters the economy.

The association addresses common challenges faced by convenience stores, advocating for policies that benefit both retailers and their customers. Additionally, it supports initiatives that promote sustainability and community engagement, encouraging stores to be active participants in their neighborhoods. Overall, San Francisco Monterey Bay Foa Inc strengthens the local economy, enhances customer experience, and encourages responsible business practices within the convenience store industry.




This information is meant to be a general summary of San Francisco Monterey Bay Foa 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
$215,701 (2023)
Expenses
$298,435 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18
  • Program Service Revenue: $215,683
  • Gross Receipts: $215,701

Assets and Liabilities:

  • Total Assets: $184,195
  • Total Liabilities: $611
  • Net Assets: $183,584

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Programs

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

GOLF TOURNAMENT

Revenue

$47,738

MEMBERSHIP DUES/ASSESSMEN

Revenue

$31,550

PUBLICATION SERVICE
TRADESHOW

Revenue

$136,395

Organization Details

Founding Year

2012

Principal Officer

Inderjit Sidhu

NTEE Category

Code: S41 - Community improvement

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