F A I R Trade Group
- Assets
- $77.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 54-1721530
Organization Overview
F A I R Trade Group is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F A I R Trade Group 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 12/2022, F A I R Trade Group generated $172.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $171.3k during the year ending 12/2022. 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
HOSTED THE FIRST CONFERENCE; PARTNERED WITH THE SOCIETY FOR INTERNATIONAL AFFAIRS TO ENSURE THE HIGHEST QUALITY AGENDA AND SPEAKERS WITH VALUABLE ACCESS TO GOVERNMENT REGULATORS IN CHARGE OF LICENSING, ENFORCEMENT, AND POLICY FROM THE U.S. DEPARTMENTS OF STATE, COMMERCE, TREASURY, HOMELAND SECURITY, JUSTICE, AND THE BUREAU OF ALCOHOL, TOBACCO, FIREARMS AND EXPLOSIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Faucette Executive Dir. | 5 | $24,000 | |
Pati Colon Deputy Director | 10 | $21,500 | |
Charles Fowler President | 5 | $0 | |
Robert Penta Vice President | 0.5 | $0 | |
Phil Haney Director | 0.5 | $0 | |
Liz Conroy Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,350 |
| Total Program Service Revenue | $66,582 |
| Membership dues | $88,001 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,933 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,500 |
| Professional fees and other payments to independent contractors | $71,082 |
| Occupancy, rent, utilities, and maintenance | $701 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,980 |
| Total expenses | $171,263 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,741 |
| Other assets | $0 |
| Total assets | $77,741 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,741 |