Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
34 people listed on the 990; $6K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Steve Draeger | $12,000 | $6,000 | — | — | — | — |
| Bill Axline | — | — | $4,500 | $6,000 | $8,000 | $4,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Promotes hardware industry interests and improves business conditions for its members.
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Meetings of members in the hardware industry are traditionally held in june and september.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $199K | |
| Total assetsLn 16 | $148K | $199K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $148K | $199K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $6K | |||
| Accounting feesLn 11c | $9K | |||
| Advertising and promotionLn 12 | $6K | |||
| Office expensesLn 13 | $2K | |||
| TravelLn 17 | $1K | |||
| Conferences, conventions and meetingsLn 19 | $231K | |||
| InsuranceLn 23 | $751 | |||
| Other expenses (24a–d)Ln 24 | $27K | |||
| Total functional expensesLn 25 | $283K | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $340K | $312K | $29K | $228K | 990 PDF |
| FY2024 Viewing | $334K | $283K | $52K | $199K | 990 PDF |
| FY2023 | $315K | $291K | $25K | $148K | 990 PDF |
| FY2022 | $240K | $288K | −$48K | $123K | 990 PDF |
| FY2021 | $158K | $171K | 990 PDF | ||
| FY2020 | $51K | $225K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $334,375 across 4 lines filed
Part IX · Statement of functional expenses $282,690 across 8 lines filed
Part X · Balance sheet $199,283 assets, 6 lines filed
Part XI · Reconciliation of net assets $199,283 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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