Overview
What is National Advanced Mobility Consortium?
The National Advanced Mobility Consortium (NAMC) is a nationwide organization, comprised of traditional and non-traditional defense contractors, academic institutions, and research organizations. Based in Ann Arbor, Michigan, NAMC focuses on engineering and technology research within ground vehicle system technologies. They collaborate with the government to perform prototype research and development efforts in this field, creating essential prototypes that align with the Department of Defense's (DOD) near and long-term ground vehicle system technology goals and objectives. NAMC fosters member-driven innovations to ensure efficiency, effectiveness, and victory for the US military, employing a team of 10 individuals.
Official website here: www.namconsortium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The National Advanced Mobility Consortium has achieved an overall score of 81%, which reflects a solid commitment to accountability and finance. This rating is particularly significant as it is solely based on the organization's financial practices and governance structures, indicating a strong foundation in these areas. The organization scores full marks in several categories, including having a fully independent board and a well-established audit and oversight committee, which are crucial for maintaining transparency and trust.
One of the standout strengths of the consortium is its high program expense ratio of 97.89%, demonstrating that nearly all its financial resources are directed towards its programs rather than administrative costs. Additionally, the presence of effective policies such as conflict of interest and whistleblower protections showcases a robust approach to ethical governance and risk management. These factors contribute positively to the organization’s reputation and effectiveness in fulfilling its mission.
However, a notable limitation is its liabilities to assets ratio, which stands at 72.03%. This figure indicates a higher level of liabilities relative to assets, which could raise concerns about financial stability in the long term. While the organization receives strong marks overall, potential donors may want to consider this aspect when evaluating its fiscal health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is National Advanced Mobility Consortium legitimate?
National Advanced Mobility Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Advanced Mobility Consortium 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: $267,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $876,304
For more financial information, click here
Official website here: www.namconsortium.org
What is the mission statement of National Advanced Mobility Consortium?
The National Advanced Mobility Consortium is a collaborative alliance of defense contractors, academic institutions, and research organizations dedicated to advancing ground vehicle system technologies. Their mission is to facilitate innovation and ensure efficiency, effectiveness, and victory for the US military. Through member-driven initiatives, they focus on attracting new technologies and developing critical prototypes for the Department of Defense's short-term and long-term ground vehicle technology goals. The consortium engages in engineering and technology research, collaborating with the government and members to execute and fund prototype research and development efforts in various ground vehicle system technology areas.
Official website here: www.namconsortium.org
Who is the CEO of National Advanced Mobility Consortium?
Alissa Roath is the President, Elected of National Advanced Mobility Consortium.
Official website here: www.namconsortium.org
What is the revenue of National Advanced Mobility Consortium?
National Advanced Mobility Consortium's revenue in 2022 was $102,762,938.
Official website here: www.namconsortium.org
Who are the executives of National Advanced Mobility Consortium and what are their salaries?
The average compensation at National Advanced Mobility Consortium during 2022 was $114,384. There are 10 employees and 13 volunteers at National Advanced Mobility Consortium.
Here are 18 key members and their salaries:
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Official website here: www.namconsortium.org
Where can I find the form 990 for National Advanced Mobility Consortium?
National Advanced Mobility Consortium's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.namconsortium.org
Learn more at the official website: www.namconsortium.org
Mission Statement of National Advanced Mobility Consortium
The National Advanced Mobility Consortium (NAMC) is a membership-based alliance comprised of traditional and non-traditional defense contractors, academic institutions, and other research organizations dedicated to research and development in the field of ground vehicle systems technology. The primary goal of the NAMC's Ground Vehicle Systems Other Transactions Agreement (OTA) is to attract new technologies and foster innovation in ground vehicle prototype research and development, contributing to the Department of Defense's (DOD) near and long-term technology goals and objectives.
In simple terms, the National Advanced Mobility Consortium exists to facilitate member-driven innovations that ensure efficiency, effectiveness, and victory for the US military. By collaborating with the government and members, the consortium performs prototype research and development efforts in ground vehicle systems technology areas, funded and technically supervised by the US government. This collaborative approach enables the consortium to remain at the forefront of ground vehicle technology, ultimately benefiting the military's mission capabilities.
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Impact
October, 2024
The National Advanced Mobility Consortium (NAMC) plays a crucial role in advancing ground vehicle systems and technologies essential for the U.S. military. By forming a nationwide alliance among traditional and nontraditional defense contractors, academic institutions, and research organizations, NAMC fosters collaboration that drives innovation in prototype development and research.
Through its Ground Vehicle Systems (GVS) Other Transaction Agreement (OTA), NAMC attracts cutting-edge technologies that support the Department of Defense's strategic objectives. This initiative enables the government to access and leverage a diverse array of expertise and resources, ensuring that the military has the most effective and advanced vehicle systems available.
NAMC's impact extends to enhancing engineering and technology research, where it provides critical advice to the government on the development and execution of new ground vehicle technologies. By conducting prototype research in partnership with its members, NAMC helps to bring forth solutions that address both current and future military needs. Ultimately, its mission to promote member-driven innovations is vital in ensuring efficiency, effectiveness, and success for the U.S. military forces.
This information is meant to be a general summary of National Advanced Mobility Consortium. 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: $46,897
- Gross Receipts: $109,720,823
Assets and Liabilities:
- Total Assets: $22,665,306
- Total Liabilities: $13,437,596
- Net Assets: $9,227,710
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Organization Details
Founding Year
2008
Phone
(888) 851-7917Principal Officer
Alissa Roath
Main Address
455 E EISENHOWER PARKWAY SUITE 27, ANN ARBOR, MI, 48108
Website
www.namconsortium.orgNTEE Category
Code: U40 - Science research
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