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Edm Council Inc

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

EIN: 510589128 ✦ New york, NY ✦ Designated as a 501(c)(6)

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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:


John Bottega (President)
  • Compensation: $534,500
  • Related: $0
  • Other: $72,712
Peter Serenita (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Meriton (Coo & Co-Founder)
  • Compensation: $404,500
  • Related: $0
  • Other: $42,786
Mark Zill (Cto And Chro)
  • Compensation: $249,423
  • Related: $0
  • Other: $13,650
Chidambaram Mahadevan (Cfo)
  • Compensation: $301,389
  • Related: $0
  • Other: $1,024
James Adrian (General Counsel/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Bigelsen (Highest Comp Empl)
  • Compensation: $248,912
  • Related: $0
  • Other: $16,112
James Halcomb (Highest Comp Empl)
  • Compensation: $310,229
  • Related: $0
  • Other: $25,194
John Muntges (Highest Comp Empl)
  • Compensation: $185,362
  • Related: $0
  • Other: $18,028
Robert Wentz (Highest Comp Empl)
  • Compensation: $179,500
  • Related: $0
  • Other: $15,681
Nana Mitchell (Highest Comp Empl)
  • 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.

Revenue
$7,390,527 (2023)
Expenses
$7,566,975 (2023)
Efficiency

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

NTEE Category

Code: S41 - Community improvement

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