Wi-Fi Alliance
- Assets
- $28.7m
- Revenue
- $18.3m
- Investments
- $1.6m
- Employees
- 58
- Location
- Austin, TX
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 77-0519808
Organization Overview
Wi-Fi Alliance is located in Austin, TX. The organization was established in 2001. 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 12/2022, Wi-Fi Alliance employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wi-Fi Alliance 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 12/2022, Wi-Fi Alliance generated $18.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $21.6m during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE MULTI-VENDOR INTEROPERABILITY FOR MARKETS INCLUDING THE ENTERPRISE, SMALL OFFICE, AND HOME AND IN PARTICULAR THE DEVELOPMENT, ADOPTION AND USE OF WI-FI TECHNOLOGY AND PRODUCTS AND SERVICES RELATING THERETO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEFINES INNOVATIVE, STANDARDS-BASED WI-FI TECHNOLOGIES AND PROGRAMS, CERTIFIES PRODUCTS THAT MEET QUALITY, PERFORMANCE, SECURITY, AND CAPABILITY STANDARDS, PROVIDES INDUSTRY THOUGHT LEADERSHIP, AND ADVOCATES GLOBALLY FOR FAIR SPECTRUM RULES.
DEVELOPMENT OF A CERTIFICATION PROGRAM (WI-FI CERTIFIED TM) WHICH PROVIDES A WIDELY-RECOGNIZED DESIGNATION OF INTEROPERABILITY AND QUALITY AND HELPS TO ENSURE THAT WI-FI ENABLED PRODUCTS DELIVER THE BEST USER EXPERIENCE.
ORGANIZE AND CONDUCT MEMBER MEETINGS AND FORUMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amer Hassan Member | Trustee | 1 | $0 |
Andy Davidson Member | Trustee | 1 | $0 |
Bill Carney Member | Trustee | 1 | $0 |
Chris Szymanski Marketing Advisor | OfficerTrustee | 1 | $0 |
Dr Andrew Myles Member | Trustee | 1 | $0 |
Dr Carlos Cordeiro Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mintz Levin Cohn Ferris Glovksy Legal Fees | 12/30/22 | $988,416 |
Heidrick & Struggles Executive Recruiting | 12/30/22 | $218,000 |
Highwire Public Relations Consulting | 12/30/22 | $478,500 |
Wipro Contract Labor | 12/30/22 | $214,713 |
Crowe Clark Whitehill Accounting Services | 12/30/22 | $204,858 |
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 | $18,221,066 |
| Investment income | $285,028 |
| 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 | $18,339,553 |
| 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. | $2,310,768 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,562,338 |
| Pension plan accruals and contributions | $263,258 |
| Other employee benefits | $600,666 |
| Payroll taxes | $542,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $719,252 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $96,034 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,888 |
| Fees for services: Other | $1,390,089 |
| Advertising and promotion | $1,250,375 |
| Office expenses | $700,289 |
| Information technology | $844,458 |
| Royalties | $0 |
| Occupancy | $1,997,588 |
| Travel | $408,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $912,922 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $873,362 |
| Insurance | $54,488 |
| All other expenses | $0 |
| Total functional expenses | $21,572,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,699,592 |
| Savings and temporary cash investments | $1,321,873 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,140,356 |
| 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 | $503,359 |
| Net Land, buildings, and equipment | $2,356,210 |
| Investments—publicly traded securities | $6,900,035 |
| Investments—other securities | $1,639,505 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,181,058 |
| Total assets | $28,741,988 |
| Accounts payable and accrued expenses | $1,391,931 |
| Grants payable | $0 |
| Deferred revenue | $8,702,925 |
| 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 | $5,098,005 |
| Total liabilities | $15,192,861 |
| Net assets without donor restrictions | $13,549,127 |
| 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 | $28,741,988 |