Storage Networking Industry Association
- Assets
- $4.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Santa Clara, CA
- Founding
- 09/1998
- Data as of
- 11/2021
- EIN
- 77-0473194
Organization Overview
Storage Networking Industry Association is located in Santa Clara, CA. The organization was established in 1998. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 11/2021, Storage Networking Industry Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Storage Networking Industry Association 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 11/2021, Storage Networking Industry Association generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $2.0m during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEAD THE STORAGE INDUSTRY WORLDWIDE IN DEVELOPING AND PROMOTING STANDARDS, TECHNOLOGIES, AND EDUCATIONAL SERVICES TO EMPOWER ORGANIZATIONS IN THE MANAGEMENT OF INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKSHOPS, CONVENTIONS AND MEETINGS TO PROMOTE COORDINATION AND GROWTH IN THE DEVELOPMENT OF STORAGE NETWORKING SYSTEMS. PROVIDE TRAINING AND EDUCATION. PROVIDE A REFERRAL SYSTEM AND AN INFORMATION NETWORK FOR COMPANIES WITHIN THE STORAGE NETWORKING TECHNOLOGY FIELD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Oros Director | Trustee | 40 | $268,703 |
Michael Meleedy Business Services | 40 | $154,007 | |
Arnold E Jones Technical Director | 40 | $132,962 | |
Thomas F Mancuso Senior Program Man | 40 | $120,700 | |
J Metz Chairman | OfficerTrustee | 15 | $0 |
Sue Amarin Treasurer | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $109,640 |
| 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 | $109,640 |
| Total Program Service Revenue | $2,354,032 |
| Investment income | $67,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,339 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,527,837 |
| 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. | $185,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,471 |
| Pension plan accruals and contributions | $22,002 |
| Other employee benefits | $0 |
| Payroll taxes | $51,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,264 |
| Fees for services: Accounting | $68,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,700 |
| Advertising and promotion | $943 |
| Office expenses | $1,157 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $113,575 |
| Travel | $9,380 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,272 |
| Insurance | $107,063 |
| All other expenses | $101,267 |
| Total functional expenses | $1,950,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,119,924 |
| Savings and temporary cash investments | $207,680 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,100,980 |
| 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 | $32,638 |
| Net Land, buildings, and equipment | $4,959 |
| Investments—publicly traded securities | $2,205,600 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,671,781 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,885,538 |
| 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 | $252,563 |
| Total liabilities | $2,138,101 |
| Net assets without donor restrictions | $2,533,680 |
| 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 | $4,671,781 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Dolores C Huerta Foundation Bakersfield, CA | $20,057,715 | $6,823,664 |
San Francisco Market Corporation San Francisco, CA | $53,213,177 | $7,265,361 |
Aspiration San Francisco, CA | $3,385,180 | $5,191,840 |
Next Concept Hr Association Formerly Northern Ca Human Resources San Francisco, CA | $0 | $2,714,009 |
Downtown Tempe Authority Inc Tempe, AZ | $3,491,952 | $3,042,031 |
Storage Networking Industry Association Santa Clara, CA | $4,671,781 | $2,527,837 |
Tourism Fiji El Segundo, CA | $2,680,303 | $1,979,513 |
Aqua Maintenance Corporation Long Beach, CA | $2,561,204 | $1,812,473 |
Woodwork Institute Of California Sacramento, CA | $1,605,865 | $1,924,062 |
Rhs Corp Redlands, CA | $14,072,207 | $550,428 |
Tuality Property Management Co Hillsboro, OR | $16,951,476 | $2,886,770 |
Boilermakers Local 92 Training Fund San Bernardino, CA | $12,035,092 | $2,121,827 |