Overview
What is Foundation For Fair Contracting?
The Foundation For Fair Contracting is a nonprofit organization dedicated to preserving and strengthening prevailing wage laws within the construction industry. They accomplish this mission through various means, including monitoring, education, training, and providing support to industry professionals. Their primary goal is to ensure fair wages for workers in the construction sector, thereby enhancing the overall integrity and equitability of the industry.
Is Foundation For Fair Contracting legitimate?
Foundation For Fair Contracting is a legitimate nonprofit organization registered as a 501(c)(5) entity. Foundation For Fair Contracting 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: $442,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $873,630
For more financial information, click here
What is the mission statement of Foundation For Fair Contracting?
The Foundation For Fair Contracting's mission is centered around enhancing and safeguarding prevailing wage laws. They achieve this by actively monitoring the construction industry, providing education, conducting training sessions, and offering support. The organization's primary goal is to ensure that prevailing wage laws are adhered to within the construction sector. By doing so, they aim to maintain fairness and equity in wage structures within this industry.
Who is the CEO of Foundation For Fair Contracting?
Jesse Jimenez is the Executive Director of Foundation For Fair Contracting.
What is the revenue of Foundation For Fair Contracting?
Foundation For Fair Contracting's revenue in 2022 was $3,156,100.
Who are the executives of Foundation For Fair Contracting and what are their salaries?
The average compensation at Foundation For Fair Contracting during 2022 was $131,619. There are 10 employees at Foundation For Fair Contracting.
Here are 19 key members and their salaries:
- Compensation: $170,267
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- Other: $74,575
- Compensation: $145,001
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- Other: $89,183
- Compensation: $141,908
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- Other: $88,286
- Compensation: $140,525
- Related: $0
- Other: $74,575
- Compensation: $156,769
- Related: $0
- Other: $40,952
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Where can I find the form 990 for Foundation For Fair Contracting?
Foundation For Fair Contracting's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For Fair Contracting
The Foundation for Fair Contracting is committed to enhancing and safeguarding prevailing wage laws in the construction industry. To accomplish this mission, the organization engages in several activities. Firstly, it monitors the industry to ensure compliance with prevailing wage laws. Secondly, it provides education to stakeholders about these laws and their importance. Thirdly, it offers training programs to help industry professionals understand and adhere to these regulations. Lastly, the Foundation offers support to the construction industry to ensure the successful implementation of prevailing wage laws. By carrying out these activities, the Foundation for Fair Contracting aims to enhance and protect prevailing wage laws in the construction industry.
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Impact
October, 2024
The Foundation for Fair Contracting significantly impacts the construction industry by enhancing and protecting prevailing wage laws. Through comprehensive monitoring, education, and training, the organization ensures that workers receive fair compensation for their labor. By offering support to industry stakeholders, it fosters compliance with prevailing wage standards, which helps to level the playing field for contractors and protect the livelihoods of workers. This proactive approach not only promotes fair wages but also contributes to the overall integrity and sustainability of the construction sector. Operating from Sacramento, CA, the Foundation plays a crucial role in ensuring that the principles of fairness and equity are upheld within the industry.
This information is meant to be a general summary of Foundation For Fair Contracting. 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: $43,014
- Program Service Revenue: $3,113,086
- Gross Receipts: $3,156,100
Assets and Liabilities:
- Total Assets: $6,324,721
- Total Liabilities: $189,530
- Net Assets: $6,135,191
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING ENGINEERS CONTRIBUTIONS
Revenue
$1,119,794
LABORERS CONTRIBUTIONS
Revenue
$1,993,292
Organization Details
Founding Year
1985
Phone
(510) 671-8818Principal Officer
Jesse Jimenez
Main Address
3807 PASADENA AVE STE 150, SACRAMENTO, CA, 95821
NTEE Category
Code: J40 - Employment
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