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Fund For Armenian Relief Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133706646 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Fund For Armenian Relief Inc?

Fund for Armenian Relief Inc, headquartered in New York, is a dedicated nonprofit organization focused on aiding the economic and social development of Armenia. Their mission is multifaceted, encompassing short-term emergency relief and long-term initiatives to foster growth and progress in the nation. They prioritize supporting the most vulnerable segments of society, namely children and the elderly. By implementing various programs, Fund for Armenian Relief Inc empowers these populations, enabling them to lead dignified lives and contribute positively to their communities and the world at large. The organization's ultimate vision is to establish an equitable, sustainable, and resilient Armenian homeland, where individuals can thrive through equal access to opportunities for education, healthcare, and decent employment. With a small workforce of four individuals, they strive to make significant, progressive contributions to the betterment of Armenia and its people.


Official website here: www.farusa.org

Is Fund For Armenian Relief Inc legitimate?

Fund For Armenian Relief Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Armenian Relief 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.

Here are some key statistics you may want to consider:

Executive Compensation: $206,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $871,766

For more financial information, click here


Official website here: www.farusa.org

What is the mission statement of Fund For Armenian Relief Inc?

The Fund for Armenian Relief Inc is committed to honoring the past, empowering the present, and ensuring a prosperous future for individuals in Armenia. Their mission is to extend hope, guidance, and opportunities to those in need, enabling them to improve their current circumstances and pave the way for a stronger future. The organization's vision is to establish an equitable, sustainable, and resilient Armenian homeland, where people can lead dignified lives, accessing opportunities for education, healthcare, and decent work. They strive to help the most vulnerable segments of the population, primarily children and the elderly, and equip professionals to lead their newly independent nation. The Fund for Armenian Relief Inc provides short-term emergency relief and implements long-term programs to foster economic growth and social development in Armenia.


Official website here: www.farusa.org

Who is the CEO of Fund For Armenian Relief Inc?

Garnik Nanagoulian is the Executive Director of Fund For Armenian Relief Inc.


Official website here: www.farusa.org

What is the revenue of Fund For Armenian Relief Inc?

Fund For Armenian Relief Inc's revenue in 2022 was $11,857,339.


Official website here: www.farusa.org

Who are the executives of Fund For Armenian Relief Inc and what are their salaries?

The average compensation at Fund For Armenian Relief Inc during 2022 was $269,522. There are 4 employees and 19 volunteers at Fund For Armenian Relief Inc.

Here are 21 key members and their salaries:

    Garnik Nanagoulian (Executive Director)
  • Compensation: $136,000
  • Related: $0
  • Other: $0

    • Bagrat Sargsyan (Country Director)
  • Compensation: $70,320
  • Related: $0
  • Other: $0

    • Very Rev Fr Mesrop Parsamyan (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Sapah-Gulian (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abp Khajag Barsamian (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Bazarian (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Tarzian (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar Tatosian (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marta Batmasian (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pontish Yeramyan (Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nishan Atinizian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Armen Avanessians (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Barsamian Dunn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Fr Yeprem Kelegian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Mardigian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Shahinian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Toufayan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Richard Babayan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Dadourian Barsamian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Fr Krikor Sabounjian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zara Ingilizian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.farusa.org

    Where can I find the form 990 for Fund For Armenian Relief Inc?

    The Fund For Armenian Relief Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.farusa.org

    Learn more at the official website: www.farusa.org

    Mission Statement of Fund For Armenian Relief Inc

    The Fund for Armenian Relief Inc is committed to honoring the past, empowering the present, and ensuring a promising future for individuals in Armenia. This nonprofit organization aims to provide hope, guidance, and opportunities to those in need, enabling them to construct a better present and pave the way for a stronger future. The Fund for Armenian Relief Inc's vision is to establish an equitable, sustainable, and resilient Armenian homeland where people can lead dignified lives, with universal access to opportunities for personal growth through education, healthcare, and decent work. By focusing on the most vulnerable segments of the population, namely children and the elderly, the nonprofit prepares professionals to lead their newly independent country. The Fund for Armenian Relief Inc is dedicated to providing short-term emergency relief and implementing long-term programs for the economic growth and social development of Armenia, ultimately contributing to the betterment of local communities and the world at large.

    Impact

    This information is meant to be a general summary of Fund For Armenian Relief Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Fund For Armenian Relief Inc is dedicated to honoring the past, empowering the present, and ensuring the future for people in Armenia. They provide hope, guidance, and opportunities to those in need, empowering them to create a better present and helping them pave the way to a stronger future. FAR's vision is to develop an equitable, sustainable, and resilient Armenian homeland where people are thriving, leading dignified lives with universal access to opportunities to realize their full potential through education, healthcare, and decent work.

    FAR provides short-term emergency relief and implements long-term programs for the economic growth and social development of Armenia. They focus on helping the most vulnerable segments of the population, such as children and the elderly, and prepare professionals to lead their newly independent country.

    Through their efforts, FAR is making indispensable contributions to the betterment of local communities and the world at large. Their impact extends beyond borders as they work towards creating a progressive nation that is thriving and making significant contributions globally.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $150,200
  • Program Service Revenue: $572,947
  • Gross Receipts: $16,196,773

    • Assets and Liabilities:
  • Total Assets: $25,112,155
  • Total Liabilities: $108,268
  • Net Assets: $25,003,887
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    YOUNG PROFESSIONALS PROGRAM FEES

    Revenue

    $5,869

    FAR-ACYOA PROGRAM FEES

    Revenue

    $755

    USAID PROGRAM INCOME

    Revenue

    $308,175

    UNICEF PROGRAM INCOME

    Revenue

    $258,148

    Organization Details

    Founding Year

    1993

    Principal Officer

    Garnik Nanagoulian

    Main Address

    630 SECOND AVENUE, NEW YORK, NY, 10016

    NTEE Category

    Code: Q300 - International

    If you are a representative of Fund For Armenian Relief Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.