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Security Industry Alarm Coalition

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061661424 ✦ Frisco, TX ✦ Designated as a 501(c)(6)

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Overview

What is Security Industry Alarm Coalition?

The Security Industry Alarm Coalition is a nonprofit organization situated in Frisco, Texas. Its primary mission is to establish a collaborative platform for various stakeholders to work together under the umbrella of "Dispatch Reduction" and "Alarm Management." By maintaining connections with national or state law enforcement leadership, they strive to optimize the impact of false dispatch and alarm management across North America. The Coalition achieves this by attending local, state, and national law enforcement meetings, sharing best practices, and recommending model ordinances. They also participate in council meetings and workshops, offering guidance and knowledge to chiefs and sheriffs. Their efforts result in numerous ordinance modifications each year, reflecting their recommendations. In essence, the Security Industry Alarm Coalition serves as a liaison between the security industry and law enforcement, fostering relationships proactively to prevent potential crises.


Official website here: www.siacinc.org

Is Security Industry Alarm Coalition legitimate?

Security Industry Alarm Coalition is a legitimate nonprofit organization registered as a 501(c)(6) entity. Security Industry Alarm Coalition submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $305,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.siacinc.org

What is the mission statement of Security Industry Alarm Coalition?

The Security Industry Alarm Coalition's mission is to facilitate a collaborative platform for various stakeholders, encouraging unity under the banners of "Dispatch Reduction" and "Alarm Management." Their primary goal is to optimize the impact of false alarm management across North America. They achieve this by establishing a connection with national or state law enforcement leadership. Furthermore, the coalition actively educates and empowers local alarm communities to proactively build relationships with law enforcement, preventing potential crises.


Official website here: www.siacinc.org

Who is the CEO of Security Industry Alarm Coalition?

Stan Martin is the Director of Security Industry Alarm Coalition.


Official website here: www.siacinc.org

What is the revenue of Security Industry Alarm Coalition?

Security Industry Alarm Coalition's revenue in 2022 was $689,353.


Official website here: www.siacinc.org

Who are the executives of Security Industry Alarm Coalition and what are their salaries?


Here are 11 key members and their salaries:


Bob Bonifas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Freedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Mucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Macdowell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Creenan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Borgmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akash Sah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Folsom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Lutz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Martin (Executive Director)
  • Compensation: $175,500
  • Related: $0
  • Other: $20,500


Official website here: www.siacinc.org

Where can I find the form 990 for Security Industry Alarm Coalition?

Security Industry Alarm Coalition's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.siacinc.org

Learn more at the official website: www.siacinc.org

Mission Statement of Security Industry Alarm Coalition

The Security Industry Alarm Coalition, abbreviated as SIAC, aims to establish a collaborative platform for various stakeholders with an objective to reduce false alarms and enhance alarm management. This endeavor is accomplished by fostering a coordinated effort that maximizes the impact of false dispatch reduction across North America. SIAC achieves this by maintaining a strong liaison with national or state law enforcement leadership. Moreover, the coalition proactively empowers local alarm communities to cultivate relationships with law enforcement, preventing potential crises. By educating these communities, SIAC encourages a proactive approach to fostering harmonious ties with law enforcement agencies, thereby promoting more efficient and effective alarm management practices.

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Impact




October, 2024

The Security Industry Alarm Coalition (SIAC) significantly enhances the efficiency of alarm management and reduces false dispatches across North America. By facilitating collaboration among stakeholders, including law enforcement, alarm companies, and the community, SIAC creates a unified approach to these critical issues.

Through targeted outreach, training, and participation in local, state, and national law enforcement meetings, SIAC shares best practices and model ordinances that have led to the modification of hundreds of alarm management policies annually. This proactive engagement empowers local alarm communities to build strong relationships with law enforcement agencies, fostering trust and improving response effectiveness even before issues arise.

The coalition’s efforts not only streamline alarm operations but also contribute to community safety and resource conservation by minimizing unnecessary emergency responses. As a result, SIAC plays a vital role in enhancing public safety while alleviating the burden on law enforcement resources, leading to more effective crime prevention and response initiatives across North America.




This information is meant to be a general summary of Security Industry Alarm Coalition. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$689,353 (2022)
Expenses
$668,853 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,590
  • Gross Receipts: $689,353

Assets and Liabilities:

  • Total Assets: $547,277
  • Total Liabilities: $0
  • Net Assets: $547,277

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Organization Details

Founding Year

2002

Principal Officer

Stan Martin

Main Address

13541 STANMERE DRIVE, FRISCO, TX, 75035

NTEE Category

Code: S41 - Community improvement

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