Business For A Fair Minimum Wage Inc

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

EIN: 825423675 ✦ Silver spring, MD ✦ Designated as a 501(c)(4)

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Overview

What is Business For A Fair Minimum Wage Inc?

Business for a Fair Minimum Wage Inc is a nonprofit organization situated in Silver Spring, Maryland, with a focus on advocating for a higher minimum wage and fair employment policies at the federal, state, and local levels. The organization's mission involves educating business leaders about the advantages of increased minimum wages and rallying their support for this cause. They achieve this through various methods such as policy memos, reports, meetings, briefings, hearings, press events, business tours, and training diverse business spokespeople. By making a compelling business and economic case through media channels, Business for a Fair Minimum Wage Inc works to mobilize support for raising the minimum wage and other fair employment policies.


Official website here: www.businessforafairminimumwage.org

Is Business For A Fair Minimum Wage Inc legitimate?

Business For A Fair Minimum Wage Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Business For A Fair Minimum Wage 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: $251,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,382

For more financial information, click here


Official website here: www.businessforafairminimumwage.org

What is the mission statement of Business For A Fair Minimum Wage Inc?

Business for a Fair Minimum Wage Inc's mission is centered around advocating for a higher minimum wage and fair employment policies. The organization aims to educate business leaders on the merits of such policies and mobilize their support at the federal, state, and local levels. They engage with policymakers and the public through various platforms, including reports, briefings, and media events, to share the economic and business case for these policies. The organization also identifies, trains, and utilizes diverse business spokespeople to advocate for these causes in public forums and media outlets.


Official website here: www.businessforafairminimumwage.org

Who is the CEO of Business For A Fair Minimum Wage Inc?

Alissa Barron-Menza is the Ceo of Business For A Fair Minimum Wage Inc. The CEO's salary of Business For A Fair Minimum Wage Inc is $164,559 and their total compensation is $164,559.


Official website here: www.businessforafairminimumwage.org

What is the revenue of Business For A Fair Minimum Wage Inc?

Business For A Fair Minimum Wage Inc's revenue in 2022 was $359,150.


Official website here: www.businessforafairminimumwage.org

Who are the executives of Business For A Fair Minimum Wage Inc and what are their salaries?


Here are 5 key members and their salaries (Business For A Fair Minimum Wage Inc's CEO's salary is $164,559 and their total compensation is $164,559):


Holly Sklar (Ceo)
  • Compensation: $164,559
  • Related: $0
  • Other: $0
Alissa Barron-Menza (Vice President)
  • Compensation: $86,644
  • Related: $0
  • Other: $0
Michael Kanter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Bowyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Prince (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.businessforafairminimumwage.org

Where can I find the form 990 for Business For A Fair Minimum Wage Inc?

Business For A Fair Minimum Wage Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.businessforafairminimumwage.org

Learn more at the official website: www.businessforafairminimumwage.org

Mission Statement of Business For A Fair Minimum Wage Inc

Business for a Fair Minimum Wage Inc is dedicated to spreading awareness about the beneficial business implications of a higher minimum wage and rallying support among businesses for this cause. The organization's mission is twofold: first, to educate business leaders on the merits of advocating for a higher minimum wage and other fair employment policies. Second, Business for a Fair Minimum Wage Inc aims to mobilize and amplify the voices of these business supporters in the political arena, engaging with policymakers and the public through various means.

In pursuit of its mission, Business for a Fair Minimum Wage Inc employs a multifaceted approach. The organization identifies and trains diverse business spokespeople to represent their cause in public events, media requests, and hearings. These individuals help make a compelling business and economic case for raising the minimum wage and other fair employment policies through opinion pieces, news reports, and social media. Furthermore, Business for a Fair Minimum Wage Inc shares its insights with policymakers through policy memos, reports, meetings, briefings, hearings, and press events.

The ultimate goal of Business for a Fair Minimum Wage Inc is to galvanize support from businesses at the federal, state, and local levels for higher minimum wages and fair employment policies. By advocating for these policies and sharing the business perspective with policymakers and the public, the organization aims to contribute to a more equitable and prosperous business environment.

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Impact




October, 2024

Business For A Fair Minimum Wage Inc. plays a vital role in advocating for higher minimum wage laws and promoting fair employment policies. By educating and organizing business leaders, the organization influences policy discussions at federal, state, and local levels. Their efforts focus on highlighting the business case for raising the minimum wage, which has far-reaching implications for worker wellbeing and economic stability.

Through policy memos, reports, and public engagements such as meetings and press events, they effectively communicate the positive impacts of higher wages on employee productivity, retention, and overall business performance. The organization also trains and empowers diverse business spokespersons to represent these perspectives in public forums, thereby ensuring a unified voice in discussions about wage policies.

By leveraging media—both traditional and social—the organization disseminates data and personal stories that underscore the benefits of fair pay. This not only educates the public but also influences policymakers to consider the economic advantages of adopting higher minimum wage standards. In doing so, Business For A Fair Minimum Wage Inc. fosters a business community that recognizes fair wages as not just a moral imperative, but a sound economic strategy that benefits everyone.




This information is meant to be a general summary of Business For A Fair Minimum Wage 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
$359,150 (2022)
Expenses
$471,990 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $85,000
  • Gross Receipts: $359,150

Assets and Liabilities:

  • Total Assets: $44,510
  • Total Liabilities: $0
  • Net Assets: $44,510

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE CONTRACT

Revenue

$85,000

Organization Details

Founding Year

2018

Principal Officer

Alissa Barron-Menza

Main Address

8705 COLESVILLE ROAD STE B UNIT 300, SILVER SPRING, MD, 20910

NTEE Category

Code: S41 - Community improvement

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