Wireless Industrial Technology Konsortium Inc
- Assets
- $0.0
- Revenue
- $35.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 04/2010
- Data as of
- 03/2023
- EIN
- 26-2710616
Organization Overview
Wireless Industrial Technology Konsortium Inc is located in Austin, TX. The organization was established in 2010. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wireless Industrial Technology Konsortium Inc 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 03/2023, Wireless Industrial Technology Konsortium Inc generated $35.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (70.8%) each year. All expenses for the organization totaled $8.2k during the year ending 03/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOFTWARE FOR WIRELESS SENSING APPLICATIONS WITECK'S MISSION IS TO PROVIDE A RELIABLE, COST EFFECTIVE, HIGH QUALITY PORTFOLIO OF CORE ENABLING SYSTEM SOFTWARE FOR INDUSTRIAL WIRELESS APPLICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FIRST PROJECT APPROVED BY THE WITECK BOARD WAS TO PRODUCE A FIELD DEVICE WIRELESSHART COMMUNICATION REFERENCE SOFTWARE STACK THAT CAN BE LOADED INTO A WITECK DESIGNED AND BUILT FIELD DEVICE REFERENCE HARDWARE PLATFORM. THIS COMMUNICATION REFERENCE SOFTWARE HAS BEEN OFFICIALLY RELEASED TO PROMOTERS AS RELEASE 1.0.0 AND HAS PASSED THE WIRELESSHART REGISTRATION TEST FROM THE HART COMMUNICATION FOUNDATION (HCF). THE BOARD HAS APPROVED A SECOND PROJECT TO PORT THIS SOFTWARE STACK TO LOWER POWER ELECTRONIC COMPONENTS, WITH THE GOAL OF INCREASING BATTERY LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Armstrong President | OfficerTrustee | $0 | |
Mirko Brcic Vice President | Trustee | $0 | |
Tilo Merlin Treasurer | OfficerTrustee | $0 | |
Michael Kessler Director/secretary | OfficerTrustee | $0 | |
Hans Endl Director | Trustee | $0 | |
Miro Adzan Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $35 |
| 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 | $35 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,698 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |