Overview
What is Life And Building Safety Coalition Inc?
Life and Building Safety Coalition Inc, based in High Point, North Carolina, serves as a business league that advocates for improving the safety of the ready-made apparel and footwear supply chain. The organization funds the Netherlands' Life and Building Safety Program by charging participant and factory fees to US brands and retailers involved in this supply chain. These funds are then granted to Stichting Life and Building Safety in the Netherlands, enabling them to participate in an industry-driven program addressing building safety issues and mitigating preventable fire, electrical, and structural risks in key manufacturers within the Netherlands. The coalition's primary objective is to enhance business conditions and safety in the ready-made apparel and footwear supply chain, benefiting its member companies.
Is Life And Building Safety Coalition Inc legitimate?
Life And Building Safety Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Life And Building Safety Coalition 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Life And Building Safety Coalition Inc?
Life and Building Safety Coalition Inc operates as a business league committed to improving business conditions and ensuring safety within the ready-made apparel and footwear supply chain. Its primary activity involves participating in the LABS Program, executed by the Stichting Life and Building Safety Initiative, a Dutch foundation. The coalition aids in funding this industry-driven program by charging fees to US brands and retailers in this supply chain. The collected funds are then granted to the Stichting in the Netherlands, enabling them to collaborate with multiple brands and retailers to address building safety issues and mitigate preventable fire, electrical, and structural risks in key apparel and footwear manufacturers in their supply chain and operations.
Who is the CEO of Life And Building Safety Coalition Inc?
Sara Stefanski is the President of Life And Building Safety Coalition Inc.
What is the revenue of Life And Building Safety Coalition Inc?
Life And Building Safety Coalition Inc's revenue in 2022 was $489,922.
Who are the executives of Life And Building Safety Coalition Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Life And Building Safety Coalition Inc?
Life And Building Safety Coalition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life And Building Safety Coalition Inc
Life And Building Safety Coalition Inc is a business league committed to improving business conditions and enhancing the safety of the ready-made apparel and footwear supply chain. Their primary objective is to serve the common interests of its members by addressing safety concerns within this supply chain. The coalition achieves this by participating in the LABS Program, which is executed by Stichting Life and Building Safety Initiative, a Dutch organization. Life And Building Safety Coalition funds this program by collecting fees from participating brands and retailers in the ready-made apparel and footwear supply chain. These funds are then granted to Stichting Life and Building Safety in the Netherlands, enabling them to participate in an industry-driven program. This program brings multiple brands and retailers together to tackle building safety issues and mitigate preventable fire, electrical, and structural risks in key apparel and footwear manufacturers in their supply chain and operations, within the Netherlands.
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Impact
October, 2024
Life And Building Safety Coalition Inc significantly enhances safety standards within the ready-made apparel and footwear supply chain. By uniting businesses and brands, it actively addresses critical building safety issues, such as fire, electrical, and structural risks, particularly within key manufacturing operations in the Netherlands.
The coalition facilitates funding for the Netherlands' Life and Building Safety Program, ensuring that participant and factory fees from U.S. brands and retailers support essential safety initiatives. This concerted effort not only improves the safety conditions of manufacturing facilities but also fosters a collaborative culture among industry stakeholders to share best practices and drive compliance with safety regulations.
Ultimately, the work of the Coalition helps to create a safer environment for workers, reduce potential hazards, and improve overall business conditions within the supply chain, reinforcing a commitment to community improvement and sustainability in the apparel and footwear sectors.
This information is meant to be a general summary of Life And Building Safety Coalition 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $489,922
- Gross Receipts: $489,922
Assets and Liabilities:
- Total Assets: $121,124
- Total Liabilities: $0
- Net Assets: $121,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES AND ASSESS
Revenue
$489,922
Organization Details
Founding Year
2018
Phone
(917) 744-3996Principal Officer
Sara Stefanski
Main Address
1321 LONG STREET, HIGH POINT, NC, 272625869
NTEE Category
Code: S41 - Community improvement
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