Overview
What is National Center For Manufacturing Sciences?
The National Center For Manufacturing Sciences (NCMS) is a Michigan-based nonprofit organization situated at 3025 Boardwalk, Ann Arbor, with a workforce of 83 employees. Their primary focus revolves around collaborative manufacturing research and development projects, addressing the needs of North American industries in the global economy. By leading the rapid development of cross-industry R&D programs, NCMS aims to enhance the global competitiveness of its manufacturing partners. The organization's mission encompasses managing these projects and delivering associated services.
Official website here: www.ncms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The National Center For Manufacturing Sciences has earned a solid Three-Star rating from Charity Navigator, reflecting its commendable accountability and finance practices. The score is based entirely on the organization’s strong performance in accountability metrics, showcasing a commitment to financial transparency and responsible governance.
One of the notable strengths of this organization is its independent board composition, with 100% of members being independent. This structure, coupled with a strong program expense ratio of 97.22%, suggests that the majority of the funds are directed towards its programs rather than administrative costs. Additionally, the presence of comprehensive governance policies, such as conflict of interest and whistleblower policies, further reinforces the organization's accountability.
However, the organization has a lower score in the liabilities to assets ratio at 67.44%, indicating potential concerns regarding financial stability. While the high program expense ratio is promising, stakeholders may want to consider this aspect when evaluating the overarching financial health of the organization. Overall, the National Center For Manufacturing Sciences demonstrates a responsible approach to managing its resources and governance, despite some areas that could use further improvement.
This AI summary has been generated from information found on Charity Navigator.
Is National Center For Manufacturing Sciences legitimate?
National Center For Manufacturing Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Center For Manufacturing Sciences 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: $771,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,684,401
For more financial information, click here
Official website here: www.ncms.org
What is the mission statement of National Center For Manufacturing Sciences?
The National Center For Manufacturing Sciences (NCMS) is dedicated to driving the rapid development of collaborative research and development programs. These initiatives aim to enhance the global competitiveness of manufacturing partners. By leading cross-industry R&D efforts, NCMS contributes to addressing the manufacturing needs of North American industries within the global economy. Their mission is to foster innovation and technological advancements for the manufacturing sector. Through managed projects and services, they help North American industries stay at the forefront of technological developments.
Official website here: www.ncms.org
Who is the CEO of National Center For Manufacturing Sciences?
Lisa Strama is the Ceo And President of National Center For Manufacturing Sciences. The CEO's salary of National Center For Manufacturing Sciences is $600,069 and their total compensation is $646,767.
Official website here: www.ncms.org
What is the revenue of National Center For Manufacturing Sciences?
National Center For Manufacturing Sciences's revenue in 2022 was $300,349,743.
Official website here: www.ncms.org
Who are the executives of National Center For Manufacturing Sciences and what are their salaries?
The average compensation at National Center For Manufacturing Sciences during 2022 was $89,834. There are 83 employees and 10 volunteers at National Center For Manufacturing Sciences.
Here are 24 key members and their salaries (National Center For Manufacturing Sciences's CEO's salary is $600,069 and their total compensation is $646,767):
- Compensation: $600,069
- Related: $0
- Other: $46,698
- Compensation: $310,139
- Related: $0
- Other: $50,131
- Compensation: $273,631
- Related: $0
- Other: $41,134
- Compensation: $262,030
- Related: $0
- Other: $47,843
- Compensation: $257,579
- Related: $0
- Other: $48,862
- Compensation: $257,137
- Related: $0
- Other: $37,493
- Compensation: $255,971
- Related: $0
- Other: $37,191
- Compensation: $169,269
- Related: $0
- Other: $46,076
- Compensation: $169,377
- Related: $0
- Other: $36,815
- Compensation: $179,924
- Related: $0
- Other: $22,841
- Compensation: $183,163
- Related: $0
- Other: $8,966
- Compensation: $155,868
- Related: $0
- Other: $26,311
- Compensation: $174,726
- Related: $0
- Other: $600
- Compensation: $132,620
- Related: $0
- Other: $26,085
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ncms.org
Where can I find the form 990 for National Center For Manufacturing Sciences?
National Center For Manufacturing Sciences's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncms.org
Learn more at the official website: www.ncms.org
Mission Statement of National Center For Manufacturing Sciences
The National Center For Manufacturing Sciences (NCMS) is on a mission to spearhead the rapid development of collaborative research and development programs. This endeavor is undertaken with the primary goal of enhancing the global competitiveness of its manufacturing industry partners. NCMS serves as a hub for engineering and technology research, managing projects and providing services tailored to the manufacturing requirements of North American industries in the global economy. By leading cross-industry R&D initiatives, NCMS is instrumental in fostering innovation and driving manufacturing advancements.
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Impact
October, 2024
The National Center for Manufacturing Sciences (NCMS) significantly impacts the manufacturing sector by spearheading the rapid development of cross-industry research and development programs. By focusing on collaborative projects, NCMS addresses the specific manufacturing needs of North American industries, fostering innovation and enhancing global competitiveness. Based in Ann Arbor, Michigan, its initiatives not only drive technological advancements but also strengthen the entire manufacturing ecosystem, ultimately contributing to community improvement and economic growth. The NCMS plays a crucial role in ensuring that manufacturing partners can adapt to the challenges of the global economy, positioning them for success through engineering and technology research.
This information is meant to be a general summary of National Center For Manufacturing Sciences. 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: $77,939
- Gross Receipts: $300,553,110
Assets and Liabilities:
- Total Assets: $107,485,379
- Total Liabilities: $72,497,903
- Net Assets: $34,987,476
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Organization Details
Founding Year
1986
Phone
(734) 995-0300Principal Officer
Lisa Strama
Main Address
3025 Boardwalk, Ann Arbor, MI, 48108
Website
www.ncms.orgNTEE Category
Code: S400 - Community improvement
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