Overview
What is Memphis Fire Fighters Association Foundation?
The Memphis Fire Fighters Association Foundation is a nonprofit organization, situated in Memphis, Tennessee. Its primary purpose is to grant scholarships annually to eligible dependents of its members. Beyond scholarships, the foundation extends its aid to the broader Memphis and Shelby County area, offering assistance to charity organizations on behalf of the Memphis Fire Fighters' Association. This assistance includes providing financial aid to association members impacted by natural disasters or long-term illness or injury, as well as offering charitable support to individuals or organizations in need.
Official website here: www.iaff1784.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Memphis Fire Fighters Association Foundation has received a rating of 56%, which reflects significant concerns regarding its accountability and financial management. The organization has a notably low score for governance features, such as having no independent board members and missing key policies like conflict of interest and whistleblower protections. These deficiencies contribute to its overall one-star rating.
Despite these governance issues, the foundation demonstrates a strong commitment to its program expenses, with an impressive 98.98% of its resources being directed towards its core mission. Additionally, the organization appears to have no material diversion of assets, which showcases a level of financial integrity in its operations. The presence of meeting minutes and a website for transparency are positive aspects, though the lack of a posted tax form raises concerns about accessibility of financial information.
In summary, while the Memphis Fire Fighters Association Foundation excels in program spending, its governance and accountability practices require significant improvement to instill greater trust among donors and stakeholders. Enhancing independent oversight and implementing essential policies would be crucial steps for the organization to strengthen its operational credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Memphis Fire Fighters Association Foundation legitimate?
Memphis Fire Fighters Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Fire Fighters Association 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.
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Official website here: www.iaff1784.org
What is the mission statement of Memphis Fire Fighters Association Foundation?
The Memphis Fire Fighters Association Foundation aims to offer assistance to charitable organizations within the Memphis and Shelby County area. This is carried out on behalf of, and in the name of, the members of the Memphis Fire Fighters' Association. The foundation provides college scholarship assistance to children of association members, offers financial aid to members whose homes are damaged by natural disasters or who are off payroll due to long-term injury or illness. Furthermore, they offer charitable aid to any person or organization deemed necessary and required.
Official website here: www.iaff1784.org
Who is the CEO of Memphis Fire Fighters Association Foundation?
Matthew Tomek is the Board Of Dir of Memphis Fire Fighters Association Foundation.
Official website here: www.iaff1784.org
What is the revenue of Memphis Fire Fighters Association Foundation?
Memphis Fire Fighters Association Foundation's revenue in 2022 was $108,640.
Official website here: www.iaff1784.org
Who are the executives of Memphis Fire Fighters Association Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.iaff1784.org
Where can I find the form 990 for Memphis Fire Fighters Association Foundation?
Memphis Fire Fighters Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iaff1784.org
Learn more at the official website: www.iaff1784.org
Mission Statement of Memphis Fire Fighters Association Foundation
The Memphis Fire Fighters Association Foundation is committed to providing assistance to various charitable organizations within the Memphis and Shelby County area. This assistance is undertaken on behalf of and in the name of the men and women of the Memphis Fire Fighters' Association, I.A.F.F. Local 1784. The foundation's mission encompasses several key areas.
Firstly, it provides college scholarship assistance to the children of association members. This initiative is aimed at supporting the education of the next generation, potentially fostering a cycle of giving back to the community.
Secondly, the foundation offers financial aid to its members who are faced with challenges due to natural disasters, long-term injuries, or illnesses that result in them being off payroll. This support is critical in helping these individuals and their families navigate through difficult times.
Lastly, the Memphis Fire Fighters Association Foundation extends charitable measures to any person or organization that is deemed necessary and required. This flexibility allows the foundation to respond to a wide range of needs within its community.
In essence, the Memphis Fire Fighters Association Foundation serves as a helping hand to those in need, leveraging the resources and goodwill of the Memphis Fire Fighters' Association to make a positive impact on its community.
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Impact
October, 2024
The Memphis Fire Fighters Association Foundation significantly impacts the Memphis and Shelby County community through various supportive measures. By providing assistance to charitable organizations, the foundation helps address a diverse range of local needs. It plays a crucial role in distributing scholarship funds to children of association members, ensuring that the next generation has access to education and opportunities for higher learning.
In times of crisis, such as when a member's home is affected by natural disasters or they are incapacitated due to long-term injury or illness, the foundation steps in to offer financial assistance, thereby alleviating the burdens faced by these families. This proactive approach not only supports individual firefighters and their families but also strengthens the community by fostering resilience and solidarity during challenging times.
Overall, the foundation's efforts create a network of support that uplifts both firefighters and the broader community, reinforcing the importance of public safety and community welfare.
This information is meant to be a general summary of Memphis Fire Fighters Association 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 2022.
- Investment Income: $20,011
- Gross Receipts: $332,260
Assets and Liabilities:
- Total Assets: $277,809
- Total Liabilities: $0
- Net Assets: $277,809
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Organization Details
Founding Year
2013
Phone
(901) 386-3129Principal Officer
Matthew Tomek
Main Address
5150 STAGE ROAD, MEMPHIS, TN, 38134
Website
www.iaff1784.orgNTEE Category
Code: M24 - Public safety
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