Overview
What is Edm Council Inc?
Edm Council Inc, headquartered in New York City, is a nonprofit organization dedicated to establishing international metrics for supply chain management and risk assessment. Participants include various corporations, governmental agencies, and large organizations with an interest in this field. Their primary goal is to provide a platform for corporate and governmental members to collaborate and exchange insights on electronic data management (EDM) issues. Through research and study groups, they aim to determine the most effective approaches and practices for transitioning from managing EDM in a vertical model to a horizontal one. Moreover, Edm Council Inc aims to establish requirements for external suppliers, enabling seamless data integration into applications for efficient data transmission and reporting to users and regulators. Their workforce comprises 9 individuals.
Official website here: www.edmcouncil.org
Is Edm Council Inc legitimate?
Edm Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Edm Council 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: $1,489,812
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,185,927
For more financial information, click here
Official website here: www.edmcouncil.org
What is the mission statement of Edm Council Inc?
The Edm Council Inc serves as a platform for corporate and governmental members to engage with their peers on Electronic Data Management (EDM) issues. The primary objective is to gather metrics and conduct research, aiming to identify the most effective approaches and practices in transitioning from managing EDM vertically to horizontally. The council also seeks to establish requirements for external suppliers, ensuring they can integrate data into applications, facilitating efficient data transmission and reporting to users and regulators.
Official website here: www.edmcouncil.org
What is the revenue of Edm Council Inc?
Edm Council Inc's revenue in 2023 was $7,390,527.
Official website here: www.edmcouncil.org
Who are the executives of Edm Council Inc and what are their salaries?
The average compensation at Edm Council Inc during 2023 was $222,978. There are 12 employees at Edm Council Inc.
Here are 11 key members and their salaries:
- Compensation: $534,500
- Related: $0
- Other: $72,712
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $404,500
- Related: $0
- Other: $42,786
- Compensation: $249,423
- Related: $0
- Other: $13,650
- Compensation: $301,389
- Related: $0
- Other: $1,024
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $248,912
- Related: $0
- Other: $16,112
- Compensation: $310,229
- Related: $0
- Other: $25,194
- Compensation: $185,362
- Related: $0
- Other: $18,028
- Compensation: $179,500
- Related: $0
- Other: $15,681
- Compensation: $123,142
- Related: $0
- Other: $11,102
Official website here: www.edmcouncil.org
Where can I find the form 990 for Edm Council Inc?
Edm Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edmcouncil.org
Learn more at the official website: www.edmcouncil.org
Mission Statement of Edm Council Inc
The Electronic Data Management (EDM) Council Inc serves as a platform for corporate and governmental members to engage and collaborate on EDM-related issues. Its primary objective is to gather metrics and conduct research, aiming to identify the most effective approaches and practices in the shift from managing electronic data in a vertical model to a horizontal one. The council additionally seeks to establish requirements for external suppliers, necessitating the integration of data into applications that facilitate the efficient transmission and reporting of data to users and regulatory bodies. In essence, the EDM Council Inc serves as a catalyst for fostering collaboration, research, and standardization in the realm of managing electronic data across various sectors.
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Impact
October, 2024
Edm Council Inc significantly impacts the management of electronic data, fostering collaboration among corporate and governmental members to address critical issues in Electronic Data Management (EDM). By providing a platform for dialogue, the Council facilitates the sharing of best practices and innovative approaches essential for transitioning from a vertical to a horizontal data management model.
Through its research initiatives and study groups, Edm Council Inc establishes international metrics that are vital for supply chain management and risk compliance assessment. This data-driven framework enhances organizations' ability to integrate and report data efficiently, meeting both user and regulatory demands.
The Council's emphasis on standardized metrics promotes transparency and accountability, ultimately strengthening data governance across various sectors. Its commitment to conducting research and hosting conferences helps members stay abreast of the evolving EDM landscape, positioning them to navigate challenges effectively and implement industry-leading solutions.
This information is meant to be a general summary of Edm Council 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 2023.
- Investment Income: $4,397
- Program Service Revenue: $2,292,878
- Gross Receipts: $7,390,527
Assets and Liabilities:
- Total Assets: $2,295,455
- Total Liabilities: $150,000
- Net Assets: $2,145,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCT LICENSE AND TR
Revenue
$1,725,837
CDMC
Revenue
$293,501
SPONSORSHIP
Revenue
$273,540
Organization Details
Founding Year
2007
Principal Officer
Chidambaram Mahadevan
Website
www.edmcouncil.orgNTEE Category
Code: S41 - Community improvement
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