Icamr Inc
- Assets
- $16.8m
- Revenue
- $18.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Neocity, FL
- Founding
- 03/2016
- Data as of
- 06/2020
- EIN
- 47-1078611
Organization Overview
Icamr Inc, operating under the name Bridg, is located in Neocity, FL. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridg 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 06/2020, Bridg generated $18.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $15.4m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BRIDG UNITES IDEAS WITH INDUSTRY TO ACCELERATE THE MANUFACTURING DEVELOPMENT OF EMERGING TECHNOLOGIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 SOLUTIONS FOR NEXT-GENERATION ELECTRONIC SYSTEM PRODUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Sapp Chief Executive Officer | OfficerTrustee | 40 | $0 |
John Callahan PHD Vp, Technology | OfficerTrustee | 40 | $0 |
Anthony Desimone PHD Director | Trustee | 1 | $0 |
Donald Fisher Director | Trustee | 1 | $0 |
Ronald Iccolo PHD Director | Trustee | 1 | $0 |
Clarence Thacker Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mit Lincoln Laboratory Research And Development | 6/29/20 | $558,047 |
Echo Ed Corp Facilities Engineering Services | 6/29/20 | $428,541 |
Techvision21 Inc Government Consulting | 6/29/20 | $299,355 |
Hawthorne International Llc Consulting | 6/29/20 | $226,800 |
Avancent Consulting Corporation Information Technology Services | 6/29/20 | $266,593 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,377,912 |
| Investment income | $104,965 |
| 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 | $18,482,877 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $4,794,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,612,025 |
| Payroll taxes | $0 |
| Fees for services: Management | $336,539 |
| Fees for services: Legal | $140,019 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,367,424 |
| Advertising and promotion | $698 |
| Office expenses | $11,619 |
| Information technology | $121,771 |
| Royalties | $0 |
| Occupancy | $2,045,483 |
| Travel | $64,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,793 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,253,041 |
| Insurance | $215,247 |
| All other expenses | $0 |
| Total functional expenses | $15,438,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $695,857 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,018,810 |
| 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 | $48,467 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,807,579 |
| Accounts payable and accrued expenses | $1,620,321 |
| Grants payable | $0 |
| Deferred revenue | $925,030 |
| 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 | $1,614,762 |
| Total liabilities | $4,160,113 |
| 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 |
| Total liabilities and net assets/fund balances | $12,647,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Icamr Inc has recieved totaling $112,072.
| Awarding Organization | Amount |
|---|---|
Floridamakes Inc Orlando, FL PURPOSE: NIST COOPERATIVE AGREEMENT - TO FACILITATE MEP ACTIVITIES IN ACCORDANCE WITH FLORIDAMAKES MISSION TO ESTABLISH, PROMOTE, MAINTAIN, AND EXPAND A STATEWIDE MEP IDENTITY. | $112,072 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |
Nassau-Paradise Island Promotion Board Ltd Plantation, FL | $7,848,897 | $14,831,769 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Osceola Convention And Visitors Bureau Inc Kissimmee, FL | $12,721,814 | $18,220,107 |
Panama City Beach Convention And Vistors Bureau Inc Panama City Beach, FL | $6,910,172 | $13,906,597 |
Florida Reliability Coordinating Council Tampa, FL | $10,138,227 | $13,874,923 |
Midtown Business Association Inc Atlanta, GA | $4,952,556 | $10,845,776 |