Fair Foundation Inc

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

EIN: 474123164 ✦ Ft lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Fair Foundation Inc?

Fair Foundation Inc is a 501c3 nonprofit organization, headquartered in Fort Lauderdale, Florida. Its primary mission is to foster resilient communities by enlightening consumers about wind and flood mitigation, aiming to decrease uninsured risks. The organization provides or receives employee compensation, including salaries, wages, bonuses, and other benefits, in exchange for services rendered. The Fair Foundation operates with a strong commitment to its cause, contributing to the overall betterment of communities by promoting effective risk management strategies.

Is Fair Foundation Inc legitimate?

Fair Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Foundation 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: $289,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fair Foundation Inc?

The Fair Foundation Inc, as a 501c3 nonprofit organization, is committed to fostering resilient communities. They accomplish this by educating consumers about the importance of wind and flood mitigation. Their primary goal is to decrease the prevalence of uninsured risk within these communities. By promoting these practices, the Fair Foundation Inc aims to strengthen community resilience and improve overall preparedness against potential natural disasters.

Who is the CEO of Fair Foundation Inc?

Jay Neal is the Ceo of Fair Foundation Inc. The CEO's salary of Fair Foundation Inc is $82,258 and their total compensation is $82,258.

What is the revenue of Fair Foundation Inc?

Fair Foundation Inc's revenue in 2021 was $320,638.

Who are the executives of Fair Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (Fair Foundation Inc's CEO's salary is $82,258 and their total compensation is $82,258):


Paul Handerhan (President)
  • Compensation: $82,321
  • Related: $0
  • Other: $0
Jay Neal (Ceo)
  • Compensation: $82,258
  • Related: $0
  • Other: $0
Beth Brown (Communications)
  • Compensation: $13,400
  • Related: $0
  • Other: $0
Matthew Schnur (Project Manager)
  • Compensation: $13,400
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fair Foundation Inc?

Fair Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Fair Foundation Inc

The Fair Foundation Inc, as a 501c3 nonprofit organization, is committed to fostering more resilient communities. It achieves this by undertaking an educational mission, focusing on consumers and advocating for wind and flood mitigation strategies. The ultimate goal is to decrease the prevalence of uninsured risk within these communities. By promoting these initiatives, the Fair Foundation Inc aims to empower individuals and contribute to the overall resilience and stability of the communities they serve.

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Impact




October, 2024

Fair Foundation Inc significantly impacts communities by enhancing resilience against natural disasters. By focusing on education and awareness, it empowers consumers to understand and implement wind and flood mitigation strategies. This proactive approach helps individuals and families reduce their uninsured risks, ultimately fostering safer living environments. The foundation’s efforts not only promote community preparedness but also aim to alleviate the financial burdens associated with disaster recovery, contributing to long-term sustainability and security for residents in areas prone to these hazards.




This information is meant to be a general summary of Fair Foundation 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
$320,638 (2021)
Expenses
$463,113 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $320,638

Assets and Liabilities:

  • Total Assets: $26,075
  • Total Liabilities: $322,498
  • Net Assets: -$296,423

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Organization Details

Founding Year

2015

Principal Officer

Jay Neal

Main Address

2598 EAST SUNRISE BOULVARD 2104, FT LAUDERDALE, FL, 33304

NTEE Category

Code: W00 - Public benefit

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