nonprofit logo

Fair Factories Clearinghouse Inc Co Abbott And Com

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

EIN: 201930681 ✦ Lexington, MA ✦ Designated as a 501(c)(3)

Overview

What is Fair Factories Clearinghouse Inc Co Abbott And Com?

Fair Factories Clearinghouse Inc Co Abbott And Com is a nonprofit organization situated in Lexington, Massachusetts. Their primary focus is on offering software and services to companies committed to sustainable supply chain compliance. Their software solutions are configurable and cost-effective, seamlessly integrating with members' existing processes. The organization's mission revolves around promoting ethical business decisions for a better world. By building scalable software, they facilitate continuous improvements in social, environmental, and security issues, ultimately leading to improved working conditions for laborers, ensuring safer and more humane work environments. With a workforce of 14 individuals, they contribute to fostering a more responsible and livable global business landscape.


Official website here: www.fairfactories.org

Is Fair Factories Clearinghouse Inc Co Abbott And Com legitimate?

Fair Factories Clearinghouse Inc Co Abbott And Com is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Factories Clearinghouse Inc Co Abbott And Com 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: $355,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,049,204

For more financial information, click here


Official website here: www.fairfactories.org

What is the mission statement of Fair Factories Clearinghouse Inc Co Abbott And Com?

Fair Factories Clearinghouse Inc, with Abbott and Com as its partner, aims to encourage informed ethical business decisions for a more sustainable and livable world. They accomplish this by developing scalable software that fosters continuous improvements in social, environmental, and security issues. This software leads to safer and more humane working conditions for employees worldwide. The organization provides cost-effective and customizable software solutions that can seamlessly integrate with members' existing processes, promoting supply chain compliance.


Official website here: www.fairfactories.org

What is the revenue of Fair Factories Clearinghouse Inc Co Abbott And Com?

Fair Factories Clearinghouse Inc Co Abbott And Com's revenue in 2022 was $2,615,454.


Official website here: www.fairfactories.org

Who are the executives of Fair Factories Clearinghouse Inc Co Abbott And Com and what are their salaries?

The average compensation at Fair Factories Clearinghouse Inc Co Abbott And Com during 2022 was $100,314. There are 14 employees and 8 volunteers at Fair Factories Clearinghouse Inc Co Abbott And Com.

Here are 13 key members and their salaries:

    Sheetal Patel (Cto)
  • Compensation: $185,615
  • Related: $0
  • Other: $0

    • Peter Burrows (Ed And Vice Chair Of Board) [Trustee/Director]
  • Compensation: $146,250
  • Related: $0
  • Other: $0

    • Lynn Stevenson (Customer Impact And Engagemen)
  • Compensation: $135,300
  • Related: $0
  • Other: $0

    • Timmy Langhill (Account Manager)
  • Compensation: $91,038
  • Related: $0
  • Other: $31,463

    • Brendan Mcmahon (Sr Product Qa Manager)
  • Compensation: $105,021
  • Related: $0
  • Other: $0

    • Marc-Ivar Magnus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Dave Hogan (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Greene (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Selcuk Buyukozer (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Mcdonough (Cfo And Data Protection)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fairfactories.org

    Where can I find the form 990 for Fair Factories Clearinghouse Inc Co Abbott And Com?

    The Fair Factories Clearinghouse Inc Co Abbott And Com’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fairfactories.org

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

    Mission Statement of Fair Factories Clearinghouse Inc Co Abbott And Com

    Fair Factories Clearinghouse Inc, with the addition of Abbott and Com, is committed to promoting informed ethical business decisions for a more livable world. The organization achieves this goal by constructing scalable software that encourages ongoing improvements in social, environmental, and security issues. This software is designed to enhance working conditions, making them safer and more humane for workers. By providing these services to individual member companies that prioritize supply chain compliance, Fair Factories Clearinghouse Inc contributes to fostering a business environment that values ethical practices. The software offered by the organization is customizable and can seamlessly integrate with a company's existing processes, offering cost-effective solutions that promote ethical business practices.

    Impact

    This information is meant to be a general summary of Fair Factories Clearinghouse Inc Co Abbott And Com. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    Fair Factories Clearinghouse Inc Co Abbott And Com's impact lies in its ability to facilitate informed ethical business decisions for a better and more livable world. By providing scalable software that enables continuous improvements in social, environmental, and security issues, the organization contributes to creating safer and more humane working conditions for workers. This ensures that member companies serious about supply chain compliance can easily integrate cost-effective and configurable solutions into their existing processes, ultimately benefiting both the workers and the broader community.





    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: $0
  • Program Service Revenue: $2,323,166
  • Gross Receipts: $2,615,454

    • Assets and Liabilities:
  • Total Assets: $879,029
  • Total Liabilities: $1,059,617
  • Net Assets: -$180,588
  • Programs

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

    Member Custom Services

    Revenue

    $946,785

    System Services

    Revenue

    $682,005

    Hosting and Support

    Revenue

    $303,014

    Factory Payments

    Revenue

    $391,362

    Organization Details

    Founding Year

    2004

    Main Address

    1 Militia Dr Suite 202, Lexington, MA, 024214703

    NTEE Category

    Code: R012 - Civil rights

    If you are a representative of Fair Factories Clearinghouse Inc Co Abbott And Com 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.