Soi Industry Consortium Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 83-0489833
Organization Overview
Soi Industry Consortium Inc is located in Newton, MA. The organization was established in 2010. 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. Soi Industry Consortium 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, Soi Industry Consortium Inc generated $122.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $96.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 5 years. 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 Program Activity:
Part 3
THE SOI INDUSTRY CONSORTIUM PROMOTES THE GROWTH AND DEVELOMENT OF THE SOI INDUSTRY THROUGHOUT THE VALUE CHAIN BY PROVIDING A PLATFORM FOR INFORMATION DISSEMINATION, COMMUNICATION, AND COLLABORATIVE INNOVATION. IT WORKS TO ENABLE THE EXTENSIVE USE OF SOI DESIGN AND TECHNOLOGY BY REMOVING ECONOMIC AND TECHNICAL BARRIERS AND BY ACCELERATING INNOVATION. ITS GOAL IS TO AMPLIFY THE VALUE TO THE END CUSTOMER; TO PROVE TECHNOLOGY SOLUTIONS, ACCELERATE ROADMAPS AND DRIVE TIME TO MARKET. IT SERVES AS AN EFFECTIVE VOICE FOR THE SOI INDUSTRY BY PROMOTING ITS USE BY EDUCATING NEW USERS IN NEW APPLICATIONS AND MARKETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Mazure President/treasurer/executive Dir. | 20 | $60,000 | |
Akihiko Tamura Director | 1.5 | $0 | |
Wayne Dai Director | 1.5 | $0 | |
Paul Boudre Director | 1.5 | $0 | |
Ron Martino Director | 1.5 | $0 | |
Michael Cadigan Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $122,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,500 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,915 |
| Total expenses | $96,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |