Lora Alliance Inc

Organization Overview

Lora Alliance Inc is located in Fremont, CA. The organization was established in 2017. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, 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. Lora Alliance 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 12/2021, Lora Alliance Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 19.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THROUGH STANDARDIZATION AND THE ACCREDITED CERTIFICATION SCHEME, THE LORA ALLIANCE DELIVERS THE INTEROPERABILITY NEEDED FOR LPWA NETWORKS TO SCALE, MAKING LORAWAN THE PREMIER SOLUTION FOR GLOBAL LPWAN DEPLOYMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELD VIRTUAL AND LIVE EVENTS THROUGH-OUT THE YEAR FOR OUR MEMBERS.


CONTINUED SPREADING OUR MISSION THROUGH MARKETING, PR, DIGITAL & SOCIAL MEDIA.


CONTINUED THE CERTIFICATION PROGRAM / LCTT TOOL UPGRADES AVAILABLE TO ALL MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Stuebing
Treasurer
$0
Olivier Beaujard
Secretary
$0
Alper Yegin
Vice Chairman
$0
Donna Moore
Chair & CEO
$0
Manish Jindal
Director
$0
Wei Ku
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Association Management Solutions
Management
$376,461
Shayclare Llc
Ceo
$428,626
Kite Rocket
Public Relations
$241,876
Skye Warden
Global Strategies
$153,000
Derek Wallace
Vp Of Marketing
$181,800
View All Vendors

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$3,251,852
Investment income $757
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 $3,254,372

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