Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
15 people listed on the 990; $1.3M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Al Beydoun | $395,538 | $381,669 | $369,878 | $348,074 | $339,651 |
| Adrienne Meyer Vice | $234,489 | $226,518 | — | — | — |
| Adrienne Meyer - Vice | — | — | $216,807 | — | — |
| Adrienne Meyer - Vice President | — | — | — | $206,188 | $199,753 |
| Qi Zeng Manager | $167,641 | $162,080 | — | — | — |
| Matthew Frazer | $167,641 | $159,580 | $154,025 | $145,996 | $142,140 |
| Katherine Voss | — | — | — | — | $154,800 |
| Qi Zeng - Manager | — | — | $154,025 | $144,536 | $142,140 |
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
Promotes open, interoperable technologies for industrial automation.
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Through its approximately 404 members, the company has promoted the adoption of a viable industrial automation communications network standard based on the cip protocol, and its derivatives "devicenet", "controlnet", "componet and "ETHERNET/IP".
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By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $8.8M | $8.7M |
| Land, buildings, equipmentLn 10c | $10K | $119K |
| Total assetsLn 16 | $9.2M | $9.1M |
| LiabilitiesLn 26 | $1.1M | $1.0M |
| Net assetsLn 32 | $8.1M | $8.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $777K | |||
| Other salaries and wagesLn 7 | $1.3M | |||
| Pension plan contributionsLn 8 | $93K | |||
| Other employee benefitsLn 9 | $264K | |||
| Payroll taxesLn 10 | $146K | |||
| Legal feesLn 11b | $183K | |||
| Accounting feesLn 11c | $15K | |||
| Advertising and promotionLn 12 | $181K | |||
| Office expensesLn 13 | $51K | |||
| Information technologyLn 14 | $70K | |||
| OccupancyLn 16 | $203K | |||
| TravelLn 17 | $134K | |||
| Conferences, conventions and meetingsLn 19 | $608K | |||
| Depreciation, depletion and amortizationLn 22 | $36K | |||
| InsuranceLn 23 | $11K | |||
| Other expenses (24a–d)Ln 24 | $707K | |||
| Total functional expensesLn 25 | $4.8M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $4.9M | $5.0M | −$89K | $7.5M | 990 PDF |
| FY2023 Viewing | $4.9M | $4.8M | $110K | $8.1M | 990 PDF |
| FY2022 | $5.2M | $4.7M | $540K | $8.1M | 990 PDF |
| FY2021 | $4.7M | $3.7M | $916K | $8.0M | 990 PDF |
| FY2020 | $4.6M | $3.9M | $664K | $7.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $4,910,345 across 2 lines filed
Part IX · Statement of functional expenses $4,800,296 across 16 lines filed
Part X · Balance sheet $9,127,934 assets, 13 lines filed
Part XI · Reconciliation of net assets $8,086,107 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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