The Fund For Jobs Worth Owning Inc

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

EIN: 843874524 ✦ Northampton, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Fund For Jobs Worth Owning Inc?

The Fund for Jobs Worth Owning Inc is a nonprofit organization situated in Northampton, Massachusetts. Its primary mission is to support the Ica Group, Inc., a 501(c)(3) tax-exempt organization, by providing financing to businesses that prioritize employee welfare. As a supporting organization, it has already extended funds to at least one such enterprise through its initiatives. The organization operates with the aim of boosting the financial capabilities of worker-centric businesses, thereby contributing positively to the community.


Official website here: www.icagroup.org

Is The Fund For Jobs Worth Owning Inc legitimate?

The Fund For Jobs Worth Owning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Jobs Worth Owning 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

For more financial information, click here


Official website here: www.icagroup.org

What is the mission statement of The Fund For Jobs Worth Owning Inc?

The Fund For Jobs Worth Owning Inc serves as a supporting organization, operating primarily for the benefit of The Ica Group Inc. Its primary mission is to provide financing to worker-centered businesses. By doing so, it aims to support the objectives and goals of The Ica Group Inc, a 501(c)(3) tax-exempt organization based in Northampton, Massachusetts. The organization's activities are focused on offering financial aid to businesses that prioritize the well-being and interests of their workers. So far, it has provided financing to at least one such business through its programs.


Official website here: www.icagroup.org

What is the revenue of The Fund For Jobs Worth Owning Inc?

The Fund For Jobs Worth Owning Inc's revenue in 2023 was $95,657.


Official website here: www.icagroup.org

Who are the executives of The Fund For Jobs Worth Owning Inc and what are their salaries?

There 7 volunteers at The Fund For Jobs Worth Owning Inc.

Here are 7 key members and their salaries:


David Hammer (President)
  • Compensation: $0
  • Related: $102,894
  • Other: $0
Rand Wilson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damilola Odetola (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Pyle (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Clamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Hoover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Van Liere (Director)
  • Compensation: $0
  • Related: $57,267
  • Other: $0


Official website here: www.icagroup.org

Where can I find the form 990 for The Fund For Jobs Worth Owning Inc?

The Fund For Jobs Worth Owning Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.icagroup.org

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

Mission Statement of The Fund For Jobs Worth Owning Inc

The Fund for Jobs Worth Owning Inc serves as a supporting organization, dedicated to benefiting the Ica Group, Inc., a 501(c)(3) tax-exempt organization based in Northampton, Massachusetts. Its primary mission is to provide financing to worker-centered businesses. This nonprofit operates exclusively for the benefit of the Ica Group, Inc., contributing to its mission by offering financial support to businesses that prioritize their workforce. Through its programs, The Fund for Jobs Worth Owning Inc has provided financing to at least one such business, demonstrating its commitment to this cause.

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Impact




October, 2024

The Fund For Jobs Worth Owning Inc significantly impacts the community by providing essential financing to worker-centered businesses, fostering economic growth and empowerment. By supporting the Ica Group, Inc., this organization enables the development of businesses that prioritize the welfare of their workers, promoting equitable labor practices and sustainable business models. This financial backing allows these businesses to thrive, create jobs, and contribute to the local economy.

In addition, the focus on worker-centered enterprises enhances community resilience and stability, as these businesses often involve employees in decision-making processes and profit-sharing. This can lead to improved job quality, increased employee satisfaction, and a stronger sense of community ownership. Overall, The Fund For Jobs Worth Owning Inc plays a vital role in advancing community improvement through its support of ethical business practices and worker empowerment.




This information is meant to be a general summary of The Fund For Jobs Worth Owning 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
$95,657 (2023)
Expenses
$108,688 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $94,095
  • Program Service Revenue: $1,562
  • Gross Receipts: $95,657

Assets and Liabilities:

  • Total Assets: $2,998,593
  • Total Liabilities: $7,054
  • Net Assets: $2,991,539

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Programs

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

LOAN FEES

Revenue

$1,562

Organization Details

Founding Year

2019

Principal Officer

David Hammer

NTEE Category

Code: S30 - Community improvement

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