Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
11 people listed on the 990; $945K paid to officers and key staff.
James Vandevere’s $242K as President (thru 01/2024) is at the 43rd percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| James Vandevere | $241,572 | $200,799 |
| John Allgair | $235,263 | $111,890 |
| Russell Foster | $168,789 | — |
| Juana McCormick | $149,872 | — |
| Linda Cappadona | $149,195 | — |
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
Connects new ideas with businesses to speed up manufacturing of advanced technologies.
Questions for Icamr INC
Your first name shows with your question. Icamr INC answers here, for everyone.
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Bridg provides open platforms at the consortium core activities. Bridg successfully completed installation of a core set of 200MM wafer processing tools to enable researchers and electronic product companies to develop and produce high performance systems, sensors, security devices and 2.5D/3D packaging and advanced system…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $206K | $466K |
| Land, buildings, equipmentLn 10c | $5.0M | $2.8M |
| Total assetsLn 16 | $12.0M | $8.8M |
| LiabilitiesLn 26 | $6.2M | $8.1M |
| Net assetsLn 32 | $5.8M | $777K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $1.7M | |||
| Other employee benefitsLn 9 | $108K | |||
| Payroll taxesLn 10 | $89K | |||
| Legal feesLn 11b | $14K | |||
| Accounting feesLn 11c | $8K | |||
| Other fees for servicesLn 11g | $317K | |||
| Advertising and promotionLn 12 | $208K | |||
| Office expensesLn 13 | $11K | |||
| Information technologyLn 14 | $30K | |||
| TravelLn 17 | $143K | |||
| Conferences, conventions and meetingsLn 19 | $9K | |||
| Depreciation, depletion and amortizationLn 22 | $2.2M | |||
| InsuranceLn 23 | $89K | |||
| Other expenses (24a–d)Ln 24 | $10.7M | |||
| All other expensesLn 24e | $957K | |||
| Total functional expensesLn 25 | $16.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $11.5M | $16.6M | −$5.0M | $777K | 990 PDF |
| FY2023 | $8.3M | $12.0M | −$3.7M | $5.8M | 990 PDF |
| FY2022 | $12.7M | $14.9M | −$2.3M | $9.5M | 990 PDF |
| FY2021 | $14.1M | $14.9M | −$851K | $11.8M | 990 PDF |
| FY2020 | $18.5M | $15.4M | $3.0M | $12.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $11,513,765 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 3 to look at
Part VIII · Statement of revenue $11,513,765 across 6 lines filed
Part IX · Statement of functional expenses $16,551,513 across 15 lines filed
Part X · Balance sheet $8,834,698 assets, 12 lines filed
Part XI · Reconciliation of net assets $776,594 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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