Company Research Report: Federal Emergency Management Agency (FEMA)
Company Overview
- Name: Federal Emergency Management Agency (FEMA)
- Mission: Helping people before, during, and after disasters.
- Founded: Officially created on April 1, 1979, through an executive order by President Jimmy Carter.
- Key People: Current Administrator is Deanne Criswell.
- Headquarters: Washington, D.C., United States.
- Number of Employees: Employs more than 20,000 people nationwide.
- Revenue: No information is available.
- Known For: Coordinating the federal response to disasters and emergencies, including managing programs related to disaster assistance, flood insurance, emergency preparedness, and more.
Products
Programs and Services Offered:
1. Disaster Assistance:
- Description: Provides financial assistance and direct services to those who have experienced suffering as a result of a disaster.
- Key Features: Includes grants for temporary housing, repair, and replacement; assistance for other needs; and unemployment assistance.
2. Flood Insurance:
- Description: Manages the National Flood Insurance Program (NFIP) making flood insurance available to United States residents.
- Key Features: Provides flood insurance to protect against property loss resulting from flooding.
3. Hazard Mitigation:
- Description: Programs designed to reduce the impact of disasters by funding projects that lessen risks associated with natural disasters.
- Key Features: Includes grants for building resilient infrastructure, community resilience improvements, and technical assistance.
4. Preparedness and Training:
- Description: Offers training and resources for emergency preparedness and response planning.
- Key Features: Provides educational materials, local and national training sessions, and simulation exercises.
Recent Developments
Strategic Initiatives and Goals:
- 2022–2026 FEMA Strategic Plan:
- Goal 1: Instill equity as a foundation of emergency management.
- Goal 2: Lead whole-of-community in climate resilience.
- Goal 3: Promote and sustain a ready FEMA and prepared nation.
Recent Achievements:
- Disaster Assistance Grants: Distributed $3.8 billion in grants to disaster survivors in 2024.
- Mitigation Grants: 1,600 hazard mitigation assistance sub-grants offered in 2024.
New Initiatives:
- Youth Preparedness Toolkit: Launched in Region 9, aimed at preparing young people for emergencies through age-appropriate activities and resources.
New Partnerships:
- Collaborations with Voluntary Organizations: Key role in recent hurricane response efforts, specifically for Hurricanes Helene and Milton, enhancing recovery and support for affected communities.
Infrastructure and Capacity Enhancements:
- Expanded Workforce Capacity: Capability to increase workforce to over 50,000 during major disasters.
No further information is available on additional products, revenue specifics, or further personnel details from the provided data.
