Z-Wave Alliance Inc
- Assets
- $1.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- Data as of
- 12/2022
- EIN
- 85-1612245
Organization Overview
Z-Wave Alliance Inc is located in Beaverton, OR. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Z-Wave 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.
For the year ending 12/2022, Z-Wave Alliance Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 72.3% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. 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
THE PRIMARY PURPOSES OF THE ALLIANCE IS TO SUPPORT THE DEVELOPMENT AND EXTENSION OF THE Z-WAVE WIRELESS COMMUNICATION PROTOCOL AND PROMOTE THE PROTOCOL AS A KEY ENABLING TECHNOLOGY FOR 'SMART' HOME AND BUSINESS APPLICATIONS, AND TO UNDERTAKE SUCH OTHER ACTIVITIES AS MAY FROM TIME TO TIME BE APPROPRIATE TO FURTHER THE PURPOSES AND ACHIEVE THE GOALS SET FORTH ABOVE. THE Z-WAVE WIRELESS COMMUNICATIONS PROTOCOL AND ANY OTHER STANDARDS OR SPECIFICATIONS THE ALLIANCE MAY CREATE ARE REFERRED TO AS THE "SPECIFICATIONS".
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIFICATION AND OPEN SOURCE PROJECT DEVELOPMENT & MAINTENANCE: SUPPORT THE DEVELOPMENT AND EXTENSION OF THE Z-WAVE WIRELESS COMMUNICATION PROTOCOL (SPECIFICATION)AND OPEN SOURCE CODE. MAINTAINS NUMEROUS TECHNICAL WORKING GROUPS DEDICATED TO FURTHERING THE Z-WAVE SPECIFICATIONS AND SOURCE CODE. THE Z-WAVE PROTOCOL IS AN INTEROPERABLE, WIRELESS, RF-BASED COMMUNICATIONS TECHNOLOGY DESIGNED SPECIFICALLY FOR CONTROL, MONITORING AND STATUS READING APPLICATIONS.
INDUSTRY EDUCATION AND PROMOTION: PROMOTE CONSUMER AWARENESS AND RECOGNITION OF Z-WAVE TECHNOLOGY AS THE TRUSTED STANDARD FOR WIRELESS CONTROL. PROMOTE THE Z-WAVE PROTOCOL AS A KEY ENABLING TECHNOLOGY FOR 'SMART' HOME AND BUSINESS APPLICATIONS. PROVIDE INFORMATION TO THE INDUSTRY USING VARIOUS COMMISSIONED AND VOLUNTEERED RESOURCES. COMMISSIONING AND PUBLIC POSTING OF VIDEOS DESCRIBING THE BENEFITS OF Z- WAVE TECHNOLOGIES. TAKING ADVANTAGE OF INDUSTRY SPEAKING AND TRADESHOW OPPORTUNITIES TO SHOWCASE DEVELOPMENTS AND ACTIVELY ENGAGE WITH THE AFFECTED INDUSTRIES.
CERTIFICATION PROGRAM: MAINTAINS CERTIFICATION PROGRAMS FOR BOTH TECHNICAL CERTIFICATION AND MARKET CERTIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Adams Chair | OfficerTrustee | 3 | $0 |
John Osborne Vice Chair | Trustee | 2 | $0 |
Avi Rosenthal Secretary | OfficerTrustee | 2 | $0 |
Kevin Kraus Treasurer | OfficerTrustee | 2 | $0 |
Andrew Weir Director | Trustee | 2 | $0 |
Gustaf Lonaeus Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Caster Communications Inc Marketing | 12/30/22 | $378,737 |
Vital Technical Marketing Inc Management | 12/30/22 | $513,289 |
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 | $2,074,556 |
| 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 | $2,074,556 |
| 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 | $220,800 |
| Fees for services: Legal | $76,029 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $313,923 |
| Advertising and promotion | $203,193 |
| Office expenses | $28,441 |
| Information technology | $150,276 |
| 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 | $1,158,479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $331,188 |
| Insurance | $1,610 |
| All other expenses | $8,500 |
| Total functional expenses | $2,494,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $694,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,021 |
| 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 | $424,361 |
| Net Land, buildings, and equipment | $328,053 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $240,576 |
| Other assets | $0 |
| Total assets | $1,752,882 |
| Accounts payable and accrued expenses | $126,603 |
| Grants payable | $0 |
| Deferred revenue | $489,460 |
| 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 | $509,135 |
| Total liabilities | $1,125,198 |
| Net assets without donor restrictions | $627,684 |
| 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 | $1,752,882 |