Floor Covering Industry Foundation

Organization Overview

Floor Covering Industry Foundation is located in Dalton, GA. The organization was established in 1982. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floor Covering Industry Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Floor Covering Industry Foundation generated $836.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $704.1k during the year ending 12/2022. While expenses have increased by 7.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FLOOR COVERING INDUSTRY FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES CATASTROPHIC MEDICAL ASSISTANCE FOR THOSE WHO ARE OR HAVE BEEN AFFILIATED WITH THE FLOOR COVERING INDUSTRY WHO EXPERIENCE ILLNESSES, SEVERE DISABILITIES, OR OTHER LIFE-ALTERING HARDSHIPS BY PROVIDING FINANCIAL GRANTS FOR MEDICAL CARE, HOUSING, AND BASIC NEEDS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FLOOR COVERING INDUSTRY FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES CATASTROPHIC MEDICAL ASSISTANCE FOR THOSE WHO ARE OR HAVE BEEN AFFILIATED WITH THE FLOOR COVERING INDUSTRY WHO EXPERIENCE ILLNESSES, SEVERE DISABILITIES, OR OTHER LIFE-ALTERING HARDSHIPS BY PROVIDING FINANCIAL GRANTS FOR MEDICAL CARE, HOUSING, AND BASIC NEEDS


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Board, Officers & Key Employees

Name (title)Compensation
Charlie Dilks
Chairman Of Board
$0
Scott Humphrey
Vice-Chair
$0
Keith Campbell
Treasurer
$0
Piet Dossche
Secretary
$0
Howard Brodsky
Nominating Chair
$0
Roger Marcus
Grant Distrib Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$760,592
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$760,592
Total Program Service Revenue$0
Investment income $84,538
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$8,834
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $836,296

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