Specialty Equipment Warrantyalliance
- Assets
- $1.2m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 24
- Location
- Diamond Bar, CA
- Founding
- 11/2008
- Data as of
- 06/2022
- EIN
- 20-5938240
Organization Overview
Specialty Equipment Warrantyalliance, operating under the name Sema Data, is located in Diamond Bar, CA. The organization was established in 2008. According to its NTEE Classification (W90) the organization is classified as: Consumer Protection, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Sema Data employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sema Data is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Sema Data generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SEMA DATA MISSION IS TO SUPPORT THE AFTERMARKET AUTO PRODUCTS INDUSTRY, INCREASE SALES OF SPECIALTY AUTO PARTS AND ACCESSORIES THROUGH THE CREATION OF A UNIVERSALLY ADOPTED CENTRALIZED DATA REPOSITORY FOR THE SEMA MARKET AND TO ENCOURAGE, EDUCATE AND TRAIN SUPPLIERS TO TAKE OWNERSHIP OF, AND MAINTAIN THEIR PRODUCT DATA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OTHE SEMA DATA PROGRAM MISSION IS TO SUPPORT THE AFTERMARKET AUTO PRODUCTS INDUSTRY, INCREASE SALES OF SPECIALTY AUTO PARTS AND ACCESSORIES THROUGH THE CREATION OF A UNIVERSALLY ADOPTED CENTRALIZED DATA REPOSITORY FOR THE SEMA MARKET AND TO ENCOURAGE, EDUCATE AND TRAIN SUPPLIERS TO TAKE OWNERSHIP OF, AND MAINTAIN THEIR PRODUCT DATA. THIS IS BEING ACCOMPLISHED WITH THE DESIGN AND IMPLEMENTATION OF A SOPHISTICATED PRODUCT INFORMATION MANAGEMENT SOLUTION (PIMS) THAT INCLUDES COMPREHENSIVE ONLINE TOOLS FOR SUPPLIERS TO ONBOARD, VALIDATE TO INDUSTRY STANDARDS AND SECURELY STORE AND DISTRIBUTE THEIR PRODUCT DATA, SUPPLEMENTED BY COMPREHENSIVE LIVE HELP DESK SERVICES AS NEEDED. ADDITIONALLY, RECEIVERS OF PRODUCT DATA ARE PROVIDED PRODUCT DATA EXPORTS DESIGNED ESPECIALLY TO THEIR SPECIFIC FORMATTING REQUIREMENTS, AND CAN MANAGE CONTENT, FREQUENCY AND DELIVERY FORMAT OF DATA EXPORTS THROUGH AN ONLINE INTERFACE.SEMA DATA ACQUIRED PARTSHUB, A COMPREHENSIVE CATALOG MANAGEMENT SOLUTION THAT WILL ENHANCE A PARTICIPATING MANUFACTURER'S ABILITY TO CREATE AND UPDATE INDUSTRY STANDARDIZED PRODUCT INFORMATION, REGARDLESS OF THEIR PRODUCT DATA KNOWLEDGE OR EXPERTISE.INTEGRATING PARTSHUB'S INTERFACE WITH THE SDC PRODUCT INFORMATION MANAGEMENT SYSTEM MAKES IT EASY FOR MANUFACTURERS TO ORGANIZE AND UPDATE THEIR DATA FOR INDUSTRY RESELLERS. THE UPDATED INTERFACE ALSO ALLOWS POSSIBLE DATASETS THAT CAN EASILY BE EXPORTED IN FORMATS THAT MEET RESELLER NEEDS.ADDITIONAL FEATURES INCLUDE: CLOUD-BASED, ALL-IN-ONE SOLUTION FOR PIES/ACES/DIGITAL ASSETS, IN-LINE EDITS AND REAL-TIME VALIDATIONS, BUILT-IN WORKFLOWS WITH VIEW ONLY AND EDIT PERMISSIONS, IMPORT AND EXPORT TO EXCEL OR BULK EDIT IN-APP, RECEIVER-SPECIFIC SCORECARDS AND READINESS REPORTS, ONE-CLICK EXPORTS TO RESELLERS (XML, XLS, ETC.), COMMENTING SYSTEM FOR SEAMLESS COLLABORATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher J Kersting President / CEO (thru 1/31/22) | OfficerTrustee | 1 | $0 |
Tim Martin Immediate Past Chair & Secretary | OfficerTrustee | 3 | $0 |
Kyle Fickler Chair Elect, Treasurer (thru 10/21) | OfficerTrustee | 3 | $0 |
James Lawrence Chairman | OfficerTrustee | 3 | $0 |
Mike Spagnola President And CEO (as Of 2/22/22) | OfficerTrustee | 1 | $0 |
Steve Matusek Treasurer (from 10/8/21 To 3/10/22) | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rainfall Today Llc Software Programming Services | 6/29/22 | $105,560 |
Raylan Wynter Software Programming Services | 6/29/22 | $104,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,500,431 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500,431 |
| Total Program Service Revenue | $1,734,635 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,235,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,401 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,496,516 |
| Pension plan accruals and contributions | $47,746 |
| Other employee benefits | $152,324 |
| Payroll taxes | $129,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $391,658 |
| Advertising and promotion | $11,145 |
| Office expenses | $139,187 |
| Information technology | $420,515 |
| Royalties | $0 |
| Occupancy | $68,650 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105,167 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $343,193 |
| Insurance | $24,312 |
| All other expenses | $0 |
| Total functional expenses | $3,554,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,347 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,275 |
| Net Land, buildings, and equipment | $1,111,957 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,237 |
| Total assets | $1,237,816 |
| Accounts payable and accrued expenses | $150,754 |
| Grants payable | $0 |
| Deferred revenue | $51,809 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $202,563 |
| Net assets without donor restrictions | $1,035,253 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,237,816 |