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
Where the money goes
66 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
7 people listed on the 990.
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 15aYes
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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Consortium Core Activities
Bridg successfully completed installation of a core set of 200MM wafer-processing tools in fiscal year 2019 to enable researchers and electronics product companies to develop and produce high performance systems, sensors, security devices, 2.5D/3D packaging and advanced-system miniaturization, which allow bridg to offer industry…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $696K | |
| Land, buildings, equipmentLn 10c | $12.6M | $13.0M |
| Total assetsLn 16 | $14.4M | $16.8M |
| LiabilitiesLn 26 | $5.1M | $4.2M |
| Net assetsLn 32 | $9.3M | $12.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $4.8M | |||
| Other employee benefitsLn 9 | $1.6M | |||
| Management feesLn 11a | $337K | |||
| Legal feesLn 11b | $140K | |||
| Other fees for servicesLn 11g | $2.4M | |||
| Advertising and promotionLn 12 | $698 | |||
| Office expensesLn 13 | $12K | |||
| Information technologyLn 14 | $122K | |||
| OccupancyLn 16 | $2.0M | |||
| TravelLn 17 | $65K | |||
| InterestLn 20 | $3K | |||
| Depreciation, depletion and amortizationLn 22 | $2.3M | |||
| InsuranceLn 23 | $215K | |||
| Other expenses (24a–d)Ln 24 | $1.5M | |||
| All other expensesLn 24e | $198 | |||
| Total functional expensesLn 25 | $15.4M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $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 Viewing | $18.5M | $15.4M | $3.0M | $12.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $18,482,877 revenue, 12 lines filed
Part VI · Governance 0 of 5 board members independent, no flags
Part VIII · Statement of revenue $18,482,877 across 6 lines filed
Part IX · Statement of functional expenses $15,438,990 across 15 lines filed
Part X · Balance sheet $16,807,579 assets, 13 lines filed
Part XI · Reconciliation of net assets $12,647,466 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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