Laser Illuminated Projector Association
- Assets
- $437.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-1906787
Organization Overview
Laser Illuminated Projector Association is located in Fremont, CA. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Laser Illuminated Projector 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 12/2021, Laser Illuminated Projector Association generated $131.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $146.1k during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPEEDING THE ADOPTION OF LASER ILLUMINATED PROJECTORS THROUGH COOPERATIVE INDUSTRY ACTIVITY.
Describe the Organization's Program Activity:
Part 3
HELD MEMBER MEETINGS TO PROVIDE A FORUM TO DEVELOP EVALUATION METHODS AND PROVIDE THAT INFORMATION TO STANDARDS BODIES AND TO COORDINATE BEST PRACTICES IN THE INDUSTRY.
WORKED TO IDENTIFY AND RESOLVE BUSINESS ISSUES WITH REGARD TO INTERNATIONAL AND NATIONAL REGULATIONS AND TO IDENTIFY AND RESOLVE TECHNICAL ISSUES IMPEDING COMMERCIALIZATION OF LASER ILLUMINATED PROJECTORS THROUGH MEMBER-LED COMMITTEES.
EDUCATED KEY CONSTITUENCIES VIA NEWSLETTER, THE WEBSITE, AND PUBLIC RELATIONS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jiayi Yang Director | 1 | $0 | |
Goran Stojmenovik Chairman | 1 | $0 | |
Isao Sakamaki Director | 1 | $0 | |
Reiner Doetzkies Treasurer | 1 | $0 | |
Motoharu Kawazu Vice Chairman | 1 | $0 | |
Takashi Ikeda Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $131,450 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $124,260 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,865 |
| Total expenses | $146,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $435,712 |
| Other assets | $0 |
| Total assets | $437,351 |
| Total liabilities | $83,662 |
| Net assets or fund balances | $353,689 |
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