Overview
What is Bay Area Industry Promotion Fund?
The Bay Area Industry Promotion Fund (BACF) is a nonprofit organization with a vision to transform the Bay Area into a leading, innovative, and sustainable region on a global scale. They engage in collaborative efforts with public and civic leaders to achieve this goal, focusing on labor relations and promotion functions. While specific activities or projects aren't detailed in the provided information, it is clear that BACF is dedicated to fostering a competitive and sustainable environment for industries in the Bay Area.
Is Bay Area Industry Promotion Fund legitimate?
Bay Area Industry Promotion Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bay Area Industry Promotion Fund 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
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Other Salaries and Wages: $974,274
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What is the mission statement of Bay Area Industry Promotion Fund?
The Bay Area Industry Promotion Fund (BACF) is dedicated to collaborating with public and civic authorities to transform the region into a global leader in innovation, competitiveness, and sustainability. Their mission is centered around fostering an environment that encourages innovation, promoting competitiveness on a global scale, and ensuring the region's long-term sustainability.
Who is the CEO of Bay Area Industry Promotion Fund?
Sean O'Donoghue is the Executive Di of Bay Area Industry Promotion Fund.
What is the revenue of Bay Area Industry Promotion Fund?
Bay Area Industry Promotion Fund's revenue in 2022 was $5,007,495.
Who are the executives of Bay Area Industry Promotion Fund and what are their salaries?
The average compensation at Bay Area Industry Promotion Fund during 2022 was $162,379. There are 6 employees at Bay Area Industry Promotion Fund.
Here are 28 key members and their salaries:
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Where can I find the form 990 for Bay Area Industry Promotion Fund?
Bay Area Industry Promotion Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bay Area Industry Promotion Fund
The Bay Area Industry Promotion Fund, often referred to as BACF, is dedicated to collaborating with public and civic leaders with the objective of transforming the Bay Area into a leading, innovative, and sustainable region on a global scale. With a strong commitment to promoting competitiveness, BACF actively works towards positioning the Bay Area as a pioneering hub that values innovation and sustainability.
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Impact
October, 2024
The Bay Area Industry Promotion Fund plays a crucial role in enhancing labor relations and promoting economic growth within the Bay Area. By collaborating with public and civic leaders, it aims to strengthen the region’s position as a hub for innovation, global competitiveness, and sustainability. This initiative fosters a conducive environment for businesses and communities, promoting community improvement and ensuring that the Bay Area continues to thrive economically and socially. Its impact is evidenced through initiatives that support workforce development, enhance labor relations, and drive collaborative efforts to address regional challenges, ultimately contributing to a more resilient and forward-looking economy.
This information is meant to be a general summary of Bay Area Industry Promotion Fund. 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: $1,033,026
- Program Service Revenue: $3,891,149
- Gross Receipts: $8,212,204
Assets and Liabilities:
- Total Assets: $16,415,314
- Total Liabilities: $451,440
- Net Assets: $15,963,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERS DUES & CONTRIBUTIONS
Revenue
$3,891,149
Organization Details
Phone
(510) 635-8212Principal Officer
Sean O'Donoghue
Main Address
6689 OWENS DRIVE, PLEASANTON, CA, 94588
NTEE Category
Code: S40 - Community improvement
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