Radtech International North America
- Assets
- $1.4m
- Revenue
- $548.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Chevy Chase, MD
- Founding
- 05/1990
- Data as of
- 08/2023
- EIN
- 36-3562862
Organization Overview
Radtech International North America is located in Chevy Chase, MD. The organization was established in 1990. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 08/2023, Radtech International North America employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radtech International North America 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 08/2023, Radtech International North America generated $548.6k 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 (10.0%) each year. All expenses for the organization totaled $717.8k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS THE ADVANCEMENT OF THE ULTRAVIOLET AND ELECTRON BEAM CURING TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIENNIAL CONFERENCE AND EXPOSITION DEDICATED TO FOSTERING EDUCATIONAL, TECHNICAL, AND SCIENTIFIC ADVANCEMENT IN THE MANUFACTURE AND USE OF ULTRAVIOLET (UV) AND ELECTRON BEAM (EB) CURABLE PRODUCTS.
GOVERNMENT AFFAIRS COMMITTEE'S GOAL IS TO PROMOTE THE USE AND BENEFITS OF UV/EB TECHNOLOGY AS A POLLUTION PREVENTION TECHNOLOGY TO LEGISLATIVE AND REGULATORY AGENCIES. TO KEEP MEMBERSHIP APPRISED OF CURRENT AND PENDING LEGISLATION AT NATIONAL, REGIONAL AND LOCAL LEVELS THAT WILL IMPACT THE UV/EB INDUSTRY. HEALTH & SAFETY COMMITTEE'S GOAL IS TO FACILITATE THE DISSEMINATION OF HEALTH AND SAFETY INFORMATION ON UV/EB MATERIALS. THE MARKETING COMMITTEE'S GOAL IS TO PROMOTE THE USE OF THE UV/EB PROCESS TO INDUSTRY, ACADEMIA, GOVERNMENT AND OTHER TRADE ASSOCIATIONS. THE TECHNICAL COMMITTEE'S GOAL IS TO PROVIDE A SINGLE POINT RESOURCE FOR TECHNICAL SUPPORT OF MEMBERS, USERS AND POTENTIAL USERS OF THE UV/EB PROCESS.
PUBLICATION OF A BI-MONTHLY TECHNICAL JOURNAL ENTITLED THE UV + EB TECHNOLOGY FEATURING THE LATEST TECHNICAL DEVELOPMENTS AND INDUSTRY NEWS. INFORMATION ON THE ACTIVITIES OF RADTECH COMMITTEES AND PROGRAMMING IS ALSO INCLUDED.
RESALE OF VARIOUS EDUCATIONAL PUBLICATIONS DESIGNED TO ENABLE MEMBERS TO LEARN MORE ABOUT THE UV/EB TECHNOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Cohen Executive Di | Officer | 40 | $201,702 |
Susan Bailey President | OfficerTrustee | $0 | |
Mike Bonner Secretary | OfficerTrustee | $0 | |
Neil Cramer Director | Trustee | $0 | |
Michael Donner Director | Trustee | $0 | |
Paul Elias Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $286,124 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $700 |
| 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 | $286,824 |
| Total Program Service Revenue | $145,124 |
| Investment income | $14,607 |
| 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 | $57 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $548,612 |
| 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. | $150,661 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,917 |
| Pension plan accruals and contributions | $8,300 |
| Other employee benefits | $36,574 |
| Payroll taxes | $25,790 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139 |
| Fees for services: Accounting | $9,030 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,950 |
| Advertising and promotion | $14,865 |
| Office expenses | $923 |
| Information technology | $8,666 |
| Royalties | $0 |
| Occupancy | $6,240 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,619 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $305 |
| Insurance | $1,930 |
| All other expenses | $7,570 |
| Total functional expenses | $717,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,628 |
| Savings and temporary cash investments | $872,826 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,645 |
| 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 | $53,229 |
| Net Land, buildings, and equipment | $2,497 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $520 |
| Total assets | $1,417,345 |
| Accounts payable and accrued expenses | $11,104 |
| Grants payable | $0 |
| Deferred revenue | $229,155 |
| 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 | $18,605 |
| Total liabilities | $258,864 |
| Net assets without donor restrictions | $1,158,481 |
| 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 | $1,417,345 |