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Mtconnect Institute

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

EIN: 264244438 ✦ Mclean, VA ✦ Designated as a 501(c)(6)

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Overview

What is Mtconnect Institute?

The Mtconnect Institute is a nonprofit organization that advocates for open technical standards and interoperability within the manufacturing sector. They focus on bridging the gap between controls, devices, and software applications, striving to ensure seamless communication and collaboration in the manufacturing process. The institute actively develops and refines these standards, while also arranging educational conferences and workshops to showcase the advantages and applications of the MTconnect standard within the industry. By promoting these standards, the Mtconnect Institute aims to enhance efficiency and productivity in the manufacturing sector.

Is Mtconnect Institute legitimate?

Mtconnect Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mtconnect Institute submitted a form 990EZ, 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.

What is the mission statement of Mtconnect Institute?

The Mtconnect Institute's mission is centered around promoting open technical standards and fostering interoperability. This is achieved by focusing on the connections between controls, devices, and software applications in the manufacturing process. The institute actively develops and enhances these standards, and conducts educational conferences and workshops to showcase the benefits and uses of the MTconnect standard within the manufacturing industry.

Who is the CEO of Mtconnect Institute?

Douglas K Woods is the President of Mtconnect Institute.

What is the revenue of Mtconnect Institute?

Mtconnect Institute's revenue in 2021 was $0.

Who are the executives of Mtconnect Institute and what are their salaries?


Here are 12 key members and their salaries:


Douglas K Woods (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Stahl (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven R Stokey (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Bailey (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ricard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Janka (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Cheung (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Buck (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cicco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Eichele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Volovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mtconnect Institute?

Mtconnect Institute's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Mtconnect Institute

The Mtconnect Institute, as a pioneering organization, advocates for the promotion of open technical standards and interoperability in the manufacturing sector. Its mission lies in bridging the gap between various controls, devices, and software applications used in this process. The Institute not only develops and enhances these standards but also conducts educational conferences and workshops, highlighting the benefits and utilization of the MTconnect standard within the manufacturing industry.

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Impact




October, 2024

The MTConnect Institute significantly enhances the manufacturing landscape by promoting open technical standards and interoperability among various controls, devices, and software applications. By developing and refining these standards, it facilitates seamless communication and data exchange, ultimately driving efficiency and innovation in manufacturing processes.

Through dedicated education initiatives, including conferences and workshops, the institute educates industry stakeholders on the advantages and applications of the MTConnect standard. This knowledge dissemination empowers manufacturers to leverage technology more effectively, optimize operations, and improve decision-making. The collective impact of these efforts fosters a more connected, informed, and competitive manufacturing environment, supporting community improvement and economic growth.




This information is meant to be a general summary of Mtconnect Institute. 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
$0 (2021)
Expenses
$250,766 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $1
    • Total Liabilities: $750,357
    • Net Assets: -$750,356

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    Organization Details

    Principal Officer

    Douglas K Woods

    Main Address

    7901 JONES BRANCH DR 900, MCLEAN, VA, 22102

    NTEE Category

    Code: S41 - Community improvement

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