Overview
What is Nfc Forum Inc?
Nfc Forum Inc is a nonprofit organization headquartered in Wakefield, Massachusetts, with a primary focus on promoting the development and adoption of standards for Near Field Communication (NFC) technology. Established in 2004, the forum brings together various entities such as manufacturers, application developers, and financial institutions to foster the use of NFC in consumer electronics, mobile devices, and Personal Communications Services (PCS). By developing specifications, ensuring device and service interoperability, and educating the market, Nfc Forum Inc aims to advance the application of NFC technology, thereby enhancing wireless interaction in everyday life. The organization currently boasts 117 members, demonstrating a significant collective effort in promoting NFC adoption globally.
Official website here: www.nfc-forum.org
Is Nfc Forum Inc legitimate?
Nfc Forum Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nfc Forum Inc 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.
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Official website here: www.nfc-forum.org
What is the mission statement of Nfc Forum Inc?
Nfc Forum Inc was established with the objective of promoting the use of Near Field Communication (NFC) technology. The organization achieves this by developing technical specifications, ensuring compatibility among devices and services, and educating the market about NFC. Established in 2004, the forum currently boasts 117 members, comprising manufacturers, applications developers, financial services institutions, and others. Collectively, these members work towards promoting the adoption of NFC technology in consumer electronics, mobile devices, and PCS.
Official website here: www.nfc-forum.org
Who is the CEO of Nfc Forum Inc?
Yo Tabayashi is the Director of Nfc Forum Inc.
Official website here: www.nfc-forum.org
What is the revenue of Nfc Forum Inc?
Nfc Forum Inc's revenue in 2022 was $1,629,792.
Official website here: www.nfc-forum.org
Who are the executives of Nfc Forum Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.nfc-forum.org
Where can I find the form 990 for Nfc Forum Inc?
Nfc Forum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nfc-forum.org
Learn more at the official website: www.nfc-forum.org
Mission Statement of Nfc Forum Inc
The Near Field Communication (NFC) Forum was established with a mission to propel the adoption of Near Field Communication technology. This organization, comprising 117 members including manufacturers, applications developers, financial services institutions, and more, works tirelessly to achieve this goal. Their primary objectives involve developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology. By doing so, they aim to promote the use of this technology in various consumer electronics, mobile devices, and Personal Communication Services (PCS). The NFC Forum, since its inception in 2004, has been instrumental in driving the growth and understanding of Near Field Communication technology, ultimately benefiting a wide range of industries.
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Impact
October, 2024
NFC Forum Inc plays a crucial role in the advancement and standardization of Near Field Communication (NFC) technology. By developing specifications and ensuring interoperability among devices and services, it facilitates seamless wireless interactions across various consumer electronics, mobile devices, and PCs. This interoperability fosters innovation and integration in the technology ecosystem, which enhances user experiences and expands the potential applications of NFC.
The Forum educates the market about NFC technology, promoting its benefits in various sectors, including financial services, where secure transactions are essential. With a membership base of 117 entities, ranging from manufacturers to application developers, NFC Forum Inc acts as a collaborative hub that drives the widespread adoption of NFC standards. This collective effort enhances community improvement through increased convenience in digital transactions and interactions, making the technology more accessible and beneficial for consumers.
Overall, NFC Forum Inc's impact is seen in its ability to nurture a unified approach to NFC technology, thereby advancing its adoption and setting the foundation for future innovations in wireless communication.
This information is meant to be a general summary of Nfc Forum Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $322
- Program Service Revenue: $1,628,995
- Gross Receipts: $1,629,792
Assets and Liabilities:
- Total Assets: $1,845,596
- Total Liabilities: $765,213
- Net Assets: $1,080,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,405,923
SPECS & COMPLIANCE
Revenue
$197,855
MEETING REGISTRATION
Revenue
$22,967
MEETING SPONSORSHIPS
Revenue
$2,250
Organization Details
Founding Year
2004
Phone
(781) 246-0500Principal Officer
Yo Tabayashi
Main Address
401 EDGEWATER PLACE SUITE 600, WAKEFIELD, MA, 01880
Website
www.nfc-forum.orgNTEE Category
Code: S40 - Community improvement
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