Overview
What is One Fair Wage Inc?
One Fair Wage Inc is a compassionate nonprofit organization situated in Cambridge, Massachusetts. With a dedicated workforce of 42 individuals, their mission is twofold: to alleviate poverty and distress among the underprivileged and enhance labor conditions and public health nationally. They achieve this by offering educational, vocational, and social services. In a significant stride towards their goal, they have launched a campaign to raise wages and abolish subminimum wages in 25 states by the United States' 250th anniversary in 2026. Their efforts have yielded fruitful results, as seen in Michigan, where their initiative to increase the minimum wage to $12 an hour for all workers, including tipped workers, was upheld by the courts, making it the eighth state to implement a full wage with tips on top.
Official website here: www.onefairwage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
One Fair Wage Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts an impressive accountability score of 87 and has a fully independent board, which demonstrates strong governance practices. It scores particularly well on several metrics, including its program expense ratio of 83.91% and a fundraising efficiency ratio of $0.03, reflecting effective allocation of resources towards its mission.
However, there are notable areas for improvement. The absence of a conflict of interest policy and a whistleblower policy raises concerns about organizational transparency and protection for whistleblowers. While the organization has been diligent in maintaining financial integrity, the missing policies could potentially undermine trust among stakeholders.
Overall, One Fair Wage Inc shows a commitment to financial health and programmatic effectiveness, yet it would benefit from enhancing its governance practices. Addressing the gaps in policy could further strengthen its accountability and sustain public confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is One Fair Wage Inc legitimate?
One Fair Wage Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Fair 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: $220,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,417,017
For more financial information, click here
Official website here: www.onefairwage.org
What is the mission statement of One Fair Wage Inc?
One Fair Wage Inc's mission is centered around providing relief to underprivileged individuals and improving labor conditions and public health nationally. Their activities extend beyond this, as they promote the public good through programs that offer educational, vocational, and social services. They specifically focus on serving underserved communities and work in coordination with a national coalition of organizations to address their needs. In response to the significant shift in the industry, One Fair Wage announced a new campaign in 2022, aiming to raise wages and end subminimum wages in 25 states by the United States' 250th Anniversary in 2026. Notably, their efforts in Michigan led to a court ruling that requires a full wage with tips on top for all workers, making it the eighth state with such a policy.
Official website here: www.onefairwage.org
Who is the CEO of One Fair Wage Inc?
Fekkak Mamdouh is the President Board Member of One Fair Wage Inc.
Official website here: www.onefairwage.org
What is the revenue of One Fair Wage Inc?
One Fair Wage Inc's revenue in 2022 was $5,639,169.
Official website here: www.onefairwage.org
Who are the executives of One Fair Wage Inc and what are their salaries?
The average compensation at One Fair Wage Inc during 2022 was $38,985. There are 42 employees at One Fair Wage Inc.
Here are 10 key members and their salaries:
- Compensation: $118,886
- Related: $0
- Other: $18,276
- Compensation: $101,450
- Related: $0
- Other: $18,276
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.onefairwage.org
Where can I find the form 990 for One Fair Wage Inc?
One Fair Wage Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onefairwage.org
Learn more at the official website: www.onefairwage.org
Mission Statement of One Fair Wage Inc
One Fair Wage Inc, a renowned organization, is dedicated to providing relief and improving the living conditions of the poor, distressed, and underprivileged individuals nationwide. Their mission extends beyond mere relief; they aim to enhance labor conditions and promote public health. This is accomplished through the implementation of programs that offer educational, vocational, and social services to underserved communities. One Fair Wage Inc also serves as a coordinator for a national coalition of organizations, pooling their resources to address the pressing need for these services more effectively. Their ultimate goal is to promote the public good by uplifting those in need and creating a more equitable society.
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Impact
July, 2024
One Fair Wage Inc has had a significant impact on improving labor conditions and public health nationally by advocating for fair wages and ending subminimum wages. Their campaigns and initiatives have resulted in tangible changes, such as the successful reversal of legislative attempts to undermine wage increases in states like Michigan. By advocating for fair wages and better working conditions, One Fair Wage Inc is making a positive impact on the lives of workers, particularly those in underserved communities.
This information is meant to be a general summary of One Fair 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $5,639,169
Assets and Liabilities:
- Total Assets: $7,326,249
- Total Liabilities: $165,194
- Net Assets: $7,161,055
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Organization Details
Founding Year
2019
Phone
(917) 378-2651Principal Officer
Fekkak Mamdouh
Main Address
45 MT AUBURN STREET, Cambridge, MA, 02138
Website
www.onefairwage.orgNTEE Category
Code: R20 - Civil rights
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