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Fieldcomm Group Inc

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

EIN: 471471411 ✦ Austin, TX ✦ Designated as a 501(c)(6)

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Overview

What is Fieldcomm Group Inc?

Fieldcomm Group Inc, based in Austin, Texas, is a nonprofit organization primarily focused on promoting and raising awareness of open standards within their industry through various means. These methods include publishing educational materials, hosting events, facilitating training, documenting best practices, and collaborating with educational institutions. The organization aims to educate all interested parties about non-proprietary, internationally recognized open standards, thereby benefitting the industry as a whole. With 19 employees, Fieldcomm Group Inc's mission is to develop, manage, and promote global standards for integrating digital devices into automation system architectures while safeguarding process-automation investments.


Official website here: www.fieldcommgroup.org

Is Fieldcomm Group Inc legitimate?

Fieldcomm Group Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fieldcomm Group 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $402,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,975,733

For more financial information, click here


Official website here: www.fieldcommgroup.org

What is the mission statement of Fieldcomm Group Inc?

Fieldcomm Group Inc's mission is centered around developing, managing, and promoting global standards for integrating digital devices into automation system architectures while safeguarding process-automation investments. Their primary objective is to educate and raise awareness of open standards within the industry. This is accomplished through various methods such as publications, trade shows, and outreach events, providing regular training, hosting public seminars, documenting best practices, and organizing specialized events. Fieldcomm Group also collaborates with educational institutions to develop relevant curriculum for current and future industry workers, facilitates information exchanges among interested parties, and keeps the industry informed through periodic newsletters and seminars.


Official website here: www.fieldcommgroup.org

Who is the CEO of Fieldcomm Group Inc?

Theodore F Masters is the Chair Person of Fieldcomm Group Inc. The CEO's salary of Fieldcomm Group Inc is $344,881 and their total compensation is $402,480.


Official website here: www.fieldcommgroup.org

What is the revenue of Fieldcomm Group Inc?

Fieldcomm Group Inc's revenue in 2022 was $5,634,351.


Official website here: www.fieldcommgroup.org

Who are the executives of Fieldcomm Group Inc and what are their salaries?

The average compensation at Fieldcomm Group Inc during 2022 was $125,169. There are 19 employees and 225 volunteers at Fieldcomm Group Inc.


Here are 18 key members and their salaries (Fieldcomm Group Inc's CEO's salary is $344,881 and their total compensation is $402,480):


Thoralf Schulz (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Foos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Burleson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Lamboley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taro Sento (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Zornio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Fiesel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yugo Sunga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raj Bandekar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seiichiro Takahashi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lutz Liebers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hartmut Klocker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore F Masters (President & Ceo)
  • Compensation: $344,881
  • Related: $0
  • Other: $57,599
Wallace Pratt (Director Of Field Communic)
  • Compensation: $200,094
  • Related: $0
  • Other: $41,983
Stephen Mitschke (Diector Of Standards Devel)
  • Compensation: $192,450
  • Related: $0
  • Other: $52,878
Paul Sereiko (Director Of Marketing)
  • Compensation: $212,446
  • Related: $0
  • Other: $10,317
Sean Vincent (Director Of Technology Pro)
  • Compensation: $192,188
  • Related: $0
  • Other: $23,511
Michael Johnston (Senior Developer)
  • Compensation: $148,779
  • Related: $0
  • Other: $30,983


Official website here: www.fieldcommgroup.org

Where can I find the form 990 for Fieldcomm Group Inc?

Fieldcomm Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fieldcommgroup.org

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

Mission Statement of Fieldcomm Group Inc

Fieldcomm Group Inc's mission revolves around developing, managing, and promoting global standards for integrating digital devices into automation system architectures, with a primary goal of safeguarding process-automation investments. The organization's mission is twofold: firstly, it aims to educate and raise awareness about open standards within the industry. This is achieved through various means, such as publications, trade shows, and outreach events. Fieldcomm Group Inc also facilitates regular training for interested parties and hosts public training seminars at demonstration and trade shows.

Secondly, Fieldcomm Group Inc documents and promotes best practices for improving the industry, organizing specialized events to educate users and developers. The organization cooperates with educational institutions to create and promote curriculum for current and future industry workers. Fieldcomm Group Inc also facilitates the exchange of information among all interested parties to enhance the further elaboration of technical specifications for open standards that benefit the industry. Lastly, the organization publishes a periodic newsletter and hosts working group meetings and seminars to keep the industry and public informed about the state of engineering, application, and further developments concerning the open standards.

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Impact




October, 2024

Fieldcomm Group Inc has a significant impact on the automation and process control industries by developing and promoting open standards for integrating digital devices into automation system architectures. This focus on global standards not only enhances interoperability among devices but also helps to safeguard the investments made in process automation.

One of the key aspects of Fieldcomm Group's impact is its commitment to education and awareness within the industry. By facilitating training seminars, outreach events, and industry publications, the organization educates stakeholders about non-proprietary, internationally recognized standards. This education fosters a better understanding of open standards, empowering various parties—including developers and consumers—to make informed decisions that enhance efficiency and productivity in automation.

Moreover, Fieldcomm Group actively collaborates with educational institutions to develop curricula tailored to current and future industry needs, thus ensuring a skilled workforce ready to embrace evolving technologies. Their initiatives also include documenting best practices and providing a platform for information exchange, which encourages continuous improvement and innovation in the sector.

Through specialized events and regular communication, such as newsletters and working group meetings, Fieldcomm Group keeps the industry informed about technological advancements and the status of engineering applications related to open standards. This comprehensive approach not only benefits the immediate community but also contributes to broader industry growth, ultimately leading to improved automation solutions and enhanced process reliability.




This information is meant to be a general summary of Fieldcomm Group 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.

Revenue
$5,634,351 (2022)
Expenses
$5,499,554 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,460,013
  • Gross Receipts: $5,634,351

Assets and Liabilities:

  • Total Assets: $5,961,253
  • Total Liabilities: $3,400,636
  • Net Assets: $2,560,617

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$3,535,863

TECHNOLOGY REVENUE

Revenue

$1,924,150

Organization Details

Founding Year

2014

Principal Officer

Theodore F Masters

Main Address

9430 RESEARCH BOULEVARD 1-120, AUSTIN, TX, 78759

NTEE Category

Code: S41 - Community improvement

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