Floor Covering Industry Fund is located in Beaverton, OR. The organization was established in 1970. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floor Covering Industry Fund is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2022, Floor Covering Industry Fund generated $53.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $36.5k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF GOOD WORKING RELATIONSHIP WITH THE FLOOR COVERING UNION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Battaglia Secretary-Tr | 1 | $0 | |
Cam Crenshaw Vice-Preside | 1 | $0 | |
John Duty President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $52,968 |
Investment income | $64 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,032 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $30,850 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,676 |
Total expenses | $36,526 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $189,233 |
Other assets | $0 |
Total assets | $189,233 |
Total liabilities | $0 |
Net assets or fund balances | $189,233 |
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