Overview
What is Fair Trade Federation?
The Fair Trade Federation (FTF) is a nonprofit organization based in Lancaster, Pennsylvania, with a focus on fostering fair trade business practices. With around 4 employees, FTF serves as a trade association for fair trade enterprises, promoting equitable and sustainable trading partnerships that prioritize the well-being of the environment and the labor rights of all individuals. During their annual conference, held virtually in 2022, approximately 350 participants joined to discuss business best practices, communication with artisan groups, and showcased member products through a virtual expo. Additionally, the conference emphasized the significance of incorporating JEDI (justice, equity, diversity, inclusion) into the future of the fair trade movement.
Official website here: www.fairtradefederation.org
Is Fair Trade Federation legitimate?
Fair Trade Federation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fair Trade Federation 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,134
For more financial information, click here
Official website here: www.fairtradefederation.org
What is the mission statement of Fair Trade Federation?
The Fair Trade Federation is an association of fair trade businesses that are dedicated to promoting equitable and sustainable trading relationships. They strive to strengthen and support their members to expand the global fair trade movement, focusing on the well-being of the planet and the dignity and equality of all workers. The organization's mission is to facilitate the growth of this movement, advocating for practices that value both environmental health and human rights. During their annual conference, Fair Trade Federation members showcase their commitment to fair trade business principles, covering topics like best practices, communication with artisan groups, and the importance of incorporating justice, equity, diversity, and inclusion into the future of fair trade.
Official website here: www.fairtradefederation.org
What is the revenue of Fair Trade Federation?
Fair Trade Federation's revenue in 2023 was $339,705.
Official website here: www.fairtradefederation.org
Who are the executives of Fair Trade Federation and what are their salaries?
The average compensation at Fair Trade Federation during 2023 was $46,034. There are 4 employees at Fair Trade Federation.
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Official website here: www.fairtradefederation.org
Where can I find the form 990 for Fair Trade Federation?
Fair Trade Federation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fairtradefederation.org
Learn more at the official website: www.fairtradefederation.org
Mission Statement of Fair Trade Federation
The Fair Trade Federation, as a trade association, is dedicated to fostering equitable and sustainable trading partnerships. This organization, comprised of fair trade enterprises, prioritizes the health of the planet and the labor, dignity, and equality of all people. Their mission is to fortify and empower their member businesses, thereby contributing to the expansion of the global fair trade movement. The Fair Trade Federation aims to strengthen its members and advocate for a trading system that values the well-being of both the environment and the individuals involved in the process.
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Impact
October, 2024
The Fair Trade Federation (FTF) has a profound impact on promoting equitable and sustainable trading practices globally. By uniting fair trade enterprises, the FTF strengthens its members and fosters a robust network dedicated to ethical practices that honor the labor, dignity, and equality of all individuals involved in the supply chain.
In 2022, the FTF hosted a virtual annual conference that was a pivotal event for its community. With around 350 attendees, this conference served as a platform to showcase the commitment of fair trade practitioners to ethical business practices. Participants engaged in sessions focused on business best practices and effective communication with artisan groups, thereby enhancing their operational capacities. The inclusion of a virtual Expo allowed members to spotlight their products, further promoting their dedication to fair trade.
Moreover, the FTF emphasizes the integration of justice, equity, diversity, and inclusion (JEDI) principles into the future of the fair trade movement, highlighting its commitment to a more inclusive and representative trade environment. This focus not only improves the business models of member organizations but elevates the overall standards within the fair trade sector, pushing for a more equitable economy that prioritizes both planetary health and social justice. Through these initiatives, the Fair Trade Federation has significantly influenced the growth of a global movement committed to fair trade principles.
This information is meant to be a general summary of Fair Trade Federation. 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 2023.
- Investment Income: $390
- Program Service Revenue: $335,126
- Gross Receipts: $339,705
Assets and Liabilities:
- Total Assets: $190,590
- Total Liabilities: $65,060
- Net Assets: $125,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$222,653
Screening Fees
Revenue
$425
Conference Revenue
Revenue
$100,800
Advertising Income
Revenue
$11,248
Organization Details
Founding Year
1994
Principal Officer
Chris Solt
Website
www.fairtradefederation.orgNTEE Category
Code: S40 - Community improvement
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