Overview
What is Firearms Regulatory Accountability Coalition Inc?
Firearms Regulatory Accountability Coalition Inc, based in Bismarck, North Dakota, is a nonprofit organization with a single employee. Its primary objective is to advocate for the common business interests of firearms industry members, ensuring they receive fair and consistent treatment by firearms regulatory agencies. The organization dedicates a significant portion of its time and resources to lobbying, engaging in weekly virtual meetings with its lobbyist to determine key concerns and strategic approaches. In September 2022, they conducted a congressional staff briefing on proposed ATF rules and held Capitol Hill visits with various congressional representatives. Overall, lobbying accounted for approximately 30% of their time and over $86,000 of their budget.
Official website here: www.fracaction.org
Is Firearms Regulatory Accountability Coalition Inc legitimate?
Firearms Regulatory Accountability Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Firearms Regulatory Accountability 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fracaction.org
What is the mission statement of Firearms Regulatory Accountability Coalition Inc?
The Firearms Regulatory Accountability Coalition Inc's mission is centered around advocating for the common business interests of its firearms industry members. The organization aims to ensure that these industry members receive fair and consistent treatment by firearms regulatory agencies. To accomplish this, the Coalition engages in lobbying activities, communicating with Congress on matters relevant to its mission and impacting the firearms industry. This involves regular meetings with its lobbyist to identify issues of concern and formulate lobbying strategies. In 2022, the Coalition conducted a congressional staff briefing on proposed ATF rules and held Capitol Hill visits with members of both houses of Congress. Approximately 30% of the Coalition's time and $86,613.52 were allocated to these lobbying efforts.
Official website here: www.fracaction.org
Who is the CEO of Firearms Regulatory Accountability Coalition Inc?
Travis White is the Chairman; Treasurer of Firearms Regulatory Accountability Coalition Inc.
Official website here: www.fracaction.org
What is the revenue of Firearms Regulatory Accountability Coalition Inc?
Firearms Regulatory Accountability Coalition Inc's revenue in 2022 was $494,258.
Official website here: www.fracaction.org
Who are the executives of Firearms Regulatory Accountability Coalition Inc and what are their salaries?
The average compensation at Firearms Regulatory Accountability Coalition Inc during 2022 was $100,000. There is 1 employee and 10 volunteers at Firearms Regulatory Accountability Coalition Inc.
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Official website here: www.fracaction.org
Where can I find the form 990 for Firearms Regulatory Accountability Coalition Inc?
Firearms Regulatory Accountability Coalition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fracaction.org
Learn more at the official website: www.fracaction.org
Mission Statement of Firearms Regulatory Accountability Coalition Inc
Firearms Regulatory Accountability Coalition Inc, often abbreviated as FRAC, is an organization with a mission to advocate for the common business interests of its members in the firearms industry. Their primary objective is to ensure that these industry members receive fair and consistent treatment from firearms regulatory agencies. By doing so, FRAC aims to promote a regulatory environment that fosters growth and stability within the firearms industry. To achieve this mission, FRAC engages in regular lobbying activities, maintaining communications with Congress on issues relevant to its mission and impacting the firearms industry. These efforts include weekly virtual meetings with lobbyists to determine issues of concern and develop lobbying strategies, as well as conducting briefings and visits with members of both houses of Congress. Approximately 30% of FRAC's time and $86,613.52 were dedicated to these lobbying efforts.
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Impact
October, 2024
Firearms Regulatory Accountability Coalition Inc (FRAC) significantly influences the firearms industry by advocating for fair and consistent treatment of its members by regulatory agencies. Through active lobbying efforts, FRAC ensures that the concerns of the firearms industry are effectively communicated to Congress, promoting policies that support business interests.
The organization holds weekly virtual meetings to strategize and address pressing issues, allowing for a responsive approach to regulatory challenges. A notable highlight of FRAC's impact was its congressional staff briefing on proposed ATF rules in September 2022, which brought industry concerns directly to lawmakers. Additionally, FRAC's efforts include engaging in Capitol Hill visits, fostering relationships with various members of both houses of Congress, which amplifies the industry’s voice in legislative discussions.
By committing resources—approximately 30% of its time and $86,613.52 on lobbying—FRAC addresses the regulatory landscape that affects its membership, positioning itself as a crucial advocate in the ongoing dialogue between the firearms industry and government.
This information is meant to be a general summary of Firearms Regulatory Accountability 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.
- Investment Income: $5
- Gross Receipts: $494,258
Assets and Liabilities:
- Total Assets: $269,709
- Total Liabilities: $32,275
- Net Assets: $237,434
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Organization Details
Founding Year
2020
Phone
(703) 919-1632Principal Officer
Travis White
Main Address
2021 E MAIN AVE SUITE I, BISMARCK, ND, 58501
Website
www.fracaction.orgNTEE Category
Code: S41 - Community improvement
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