High Altitude Platform Station Alliance Inc
- Assets
- $510.9k
- Revenue
- $423.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Wakefield, MA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0677780
Organization Overview
High Altitude Platform Station Alliance Inc is located in Wakefield, MA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Altitude Platform Station 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HAPS ALLIANCE WILL ENCOURAGE COLLABORATION AMONG PLAYERS IN THIS ARRAY OF INDUSTRIES. THEIR OBJECTIVE: TO RESEARCH, DEVELOP, AND LAUNCH A ROBUST, INTEROPERABLE ECOSYSTEM OF HAPS TECHNOLOGIES TO BENEFIT PEOPLE AND INDUSTRIES GLOBALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HAPS ALLIANCE WAS INCORPORATED AS AN ENTITY IN APRIL OF 2020. IN THE REMAINDER OF THE YEAR, THE LEADERSHIP TEAM DRAFTED A STRATEGIC ROADMAP TO DRIVE THEIR MISSION FORWARD. IN 2021, THE STRATEGIC ROADMAP WAS REFRESHED, REXAMINING THE SCOPE AND PRIORITIES OF THE ALLIANCE. THE ALLIANCE HAS THREE WORKING GROUPS (MARKETING COMMUNICATIONS, TELECOMMUNICATIONS, AND AVIATION) WHO CONTINUE TO MEET MONTHLY, WORKING INDEPENDENTLY ON THEIR OWN GOALS, AND THREE WHITE PAPERS WERE RELEASED AS A RESULT. THE MARKETING WORKING GROUP SPEARHEADED EFFORTS LIKE EVENT PLANNING, WEB CONTENT & SOCIAL MEDIA, A PITCH DECK, AND OTHER PROMOTIONAL MATERIALS. THE HAPS ALLIANCE CONTINUED HAVING CONVERSATIONS WITH ORGANIZATIONS LIKE THE WORLD FOOD PROGRAMME, TELECOM INFRA PROJECT, GSMA, 3GPP AND ITU-R. A MEMBER MEETING WAS HELD IN THE SPRING OF 2021, FOLLOWED BY A SUMMIT, PARTIALLY OPEN TO THE PUBLIC, IN THE FALL OF 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Riordan President | OfficerTrustee | 5 | $0 |
Gregory Ewert Treasurer | OfficerTrustee | 5 | $0 |
Roser Roca-Toha Secretary | OfficerTrustee | 5 | $0 |
Michael Cross Director | Trustee | 5 | $0 |
Petr Ledl Director | Trustee | 5 | $0 |
Ryuji Wakikawa Director | Trustee | 5 | $0 |
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 | $423,770 |
| Investment income | $0 |
| 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 | $423,770 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $142,262 |
| Fees for services: Legal | $4,560 |
| Fees for services: Accounting | $31,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $101,966 |
| Office expenses | $4,492 |
| Information technology | $25,239 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,335 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,167 |
| Total functional expenses | $334,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,756 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $211,000 |
| 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 | $99 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $510,855 |
| Accounts payable and accrued expenses | $26,926 |
| Grants payable | $0 |
| Deferred revenue | $337,778 |
| 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 | $7,500 |
| Total liabilities | $372,204 |
| Net assets without donor restrictions | $138,651 |
| 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 | $510,855 |
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