Overview
What is Project First Rate?
Project First Rate is a nonprofit organization dedicated to fostering the growth of industries. Their primary objective is to promote the establishment and expansion of various sectors by organizing trades councils and encouraging community membership. They aim to elevate the perception of organized trades as a promising career path. Moreover, Project First Rate collaborates with various nonprofit organizations and entities to engage its members in community outreach initiatives.
Official website here: www.projectfirstrate.com
Is Project First Rate legitimate?
Project First Rate is a legitimate nonprofit organization registered as a 501(c)(6) entity. Project First Rate 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: $109,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.projectfirstrate.com
What is the mission statement of Project First Rate?
Project First Rate's mission is centered around the development, establishment, and expansion of various industries. To achieve this, the organization fosters the formation of trades councils within the community, encouraging membership and showcasing organized trades as a viable career choice. Furthermore, Project First Rate collaborates with numerous nonprofit organizations and other entities to involve its members in community outreach initiatives.
Official website here: www.projectfirstrate.com
What is the revenue of Project First Rate?
Project First Rate's revenue in 2024 was $283,255.
Official website here: www.projectfirstrate.com
Who are the executives of Project First Rate and what are their salaries?
The average compensation at Project First Rate during 2024 was $109,991. There is 1 employee at Project First Rate.
Here are 25 key members and their salaries:
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Official website here: www.projectfirstrate.com
Where can I find the form 990 for Project First Rate?
Project First Rate's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.projectfirstrate.com
Learn more at the official website: www.projectfirstrate.com
Mission Statement of Project First Rate
Project First Rate, as a nonprofit organization, is committed to fostering the growth, initiation, and broadening of various industries. To achieve this goal, Project First Rate establishes trades councils within the community, aiming to stimulate interest and membership in the organized trades sector, positioning it as a promising career path. Moreover, the organization collaborates with numerous nonprofit entities and other organizations, encouraging its members to participate in community outreach initiatives. By doing so, Project First Rate not only contributes to the development of industries but also fosters a sense of community engagement among its members.
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Impact
October, 2024
Project First Rate significantly impacts the local economy and workforce development by promoting the establishment and growth of various industries. By organizing trades councils, it encourages community membership and raises awareness about organized trades as valuable career paths. This initiative not only provides individuals with skills and resources but also fosters a culture of professional development within the community.
Additionally, Project First Rate collaborates with other organizations to engage its members in community outreach, bridging gaps between industries and local needs. This holistic approach not only strengthens individual career prospects but also contributes to overall community improvement, reinforcing the importance of sustainable industrial growth and skilled labor in Rockford, IL. The efforts directly enhance economic stability and encourage a flourishing environment for future industrial developments, ultimately benefiting the entire community.
This information is meant to be a general summary of Project First Rate. 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 2024.
- Program Service Revenue: $282,505
- Gross Receipts: $283,255
Assets and Liabilities:
- Total Assets: $186,327
- Total Liabilities: $1,747
- Net Assets: $184,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$282,505
Organization Details
Founding Year
2013
Principal Officer
Debra L Sullivan
Website
www.projectfirstrate.comNTEE Category
Code: S46 - Community improvement
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