One Fair Wage Action Inc
- Assets
- $48.0k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- Data as of
- 12/2022
- EIN
- 46-5249734
Organization Overview
One Fair Wage Action Inc is located in Cambridge, MA. One Fair Wage Action Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, One Fair Wage Action Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $4.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATIONS PRIMARY EXEMPT PURPOSE - TO HELP REDUCE POVERTY, EXPAND ECONOMIC OPPORTUNITY, IMPROVE PUBLIC HEALTH AND SAFETY, COMBAT DISCRIMINATION, AND ADVANCE HUMAN RIGHTS - SEE SCHEDULE O FOR FULL DESCRIPTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, ONE FAIR WAGE ACTION WAS ABLE TO ADVANCE POLICY TO RAISE THE MINIMUM WAGE TO END THE SUBMINIMUM WAGE FOR TIPPED WORKERS IN MANY STATES ACROSS THE COUNTRY. ULTIMATELY, AS A RESULT OF THESE EFFORTS, A BILL TO THIS EFFECT WILL BE INTRODUCED AND PASSED IN MAINE AND WASHINGTON DC. ONE FAIR WAGE ACTION CONTINUES TO ADVANCE LEGISLATION IN MULTIPLE STATES AND WORKS HARD TO ENGAGE THOUSANDS OF LOW-WAGE FOOD SERVICE WORKERS WHO WERE ONCE RECIPIENTS OF THE EMERGENCY RELIEF FUND AND ARE NOW MEMBERS OF OUR LOCAL MEMBERSHIP GROUPS OF SERVICE WORKERS ACROSS THE COUNTRY THAT WANT TO RECEIVE A FAIR AND LIVABLE WAGE. THIS INCLUDES WORKING WITH ONE FAIR WAGE TO EVEN ADVANCE LEGISLATION IN MASSACHUSETTS, A FAVORABLE RECOMMENDATION TO THE SENATE FOR THE FIRST TIME IN SIX YEARS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Cormier Maggiano Treasurer | OfficerTrustee | 2 | $0 |
Robert Raymar Director | Trustee | 1 | $0 |
Connie Coopersmith Director | Trustee | 1 | $0 |
Wanda Hammoud Chairperson | OfficerTrustee | 2 | $0 |
Steve Siberstein Director | Trustee | 1 | $0 |
Javier Morillo Director | Trustee | 1 | $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 | $2,000,710 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000,710 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,044,710 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $837,705 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,740 |
| All other expenses | $686 |
| Total functional expenses | $4,462,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,021 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,021 |
| Accounts payable and accrued expenses | -$19,113 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,129,306 |
| Total liabilities | $2,110,193 |
| Net assets without donor restrictions | -$2,062,172 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $48,021 |