International Electronics Manufacturing Initiative Inc

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

EIN: 541789464 ✦ Morrisville, NC ✦ Designated as a 501(c)(6)

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Overview

What is International Electronics Manufacturing Initiative Inc?

International Electronics Manufacturing Initiative Inc, based in Morrisville, North Carolina, serves as a prominent collaboration platform in the electronics manufacturing industry. Over the course of a year, the organization manages and completes multiple projects, with 7 concluding in 2022 and 8 new ones commencing during the same period. In addition to participating in international events and conferences, they contribute presentations and host sessions, totaling 33 and 5 respectively. Furthermore, the organization conducts webinars, amounting to 34. With 88 members, International Electronics Manufacturing Initiative Inc is committed to forecasting and accelerating advancements in the electronics manufacturing sector.


Official website here: www.inemi.org

Is International Electronics Manufacturing Initiative Inc legitimate?

International Electronics Manufacturing Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Electronics Manufacturing Initiative 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: $407,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,308

For more financial information, click here


Official website here: www.inemi.org

What is the mission statement of International Electronics Manufacturing Initiative Inc?

The International Electronics Manufacturing Initiative Inc serves as a premier collaboration forum, aiming to forecast and accelerate advancements in the electronics manufacturing industry. Through industry projects, events, conferences, and webinars, it strives to drive improvements in this sector. In 2022, the initiative managed 24 collaborative projects, completed 7, and started 8 new ones. It also participated in 16 worldwide events, delivered 33 presentations, and hosted 5 sessions. At the end of 2022, the organization boasted 88 members, demonstrating its significant impact on the electronics manufacturing industry.


Official website here: www.inemi.org

Who is the CEO of International Electronics Manufacturing Initiative Inc?

Shekhar Chandrashekhar is the Director of International Electronics Manufacturing Initiative Inc. The CEO's salary of International Electronics Manufacturing Initiative Inc is $0 and their total compensation is $30,326.


Official website here: www.inemi.org

What is the revenue of International Electronics Manufacturing Initiative Inc?

International Electronics Manufacturing Initiative Inc's revenue in 2022 was $1,691,610.


Official website here: www.inemi.org

Who are the executives of International Electronics Manufacturing Initiative Inc and what are their salaries?

The average compensation at International Electronics Manufacturing Initiative Inc during 2022 was $189,288. There are 3 employees and 13 volunteers at International Electronics Manufacturing Initiative Inc.


Here are 15 key members and their salaries (International Electronics Manufacturing Initiative Inc's CEO's salary is $0 and their total compensation is $30,326):


Mostafa Aghazadeh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ravi Bhatkal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ranjan Chaterjee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannes Voraberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jean-Luc Pelissier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Coyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Muncy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chan Pin Chong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Gamota (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Decaprio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franocis Barbara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shekhar Chandrashekhar (Ceo/Executive Director)
  • Compensation: $222,138
  • Related: $0
  • Other: $8,207
Grace O'Malley (Vice President Of Technica)
  • Compensation: $139,053
  • Related: $0
  • Other: $12,310
Dr Marc Benowitz (Ceo/Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $30,326


Official website here: www.inemi.org

Where can I find the form 990 for International Electronics Manufacturing Initiative Inc?

International Electronics Manufacturing Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inemi.org

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

Mission Statement of International Electronics Manufacturing Initiative Inc

The International Electronics Manufacturing Initiative Inc, often referred to as IEMI, serves as a leading collaboration forum, dedicated to forecasting and accelerating improvements within the electronics manufacturing industry. With a mission that is both comprehensive and forward-thinking, IEMI aims to drive advancements in this critical sector. Throughout the year, IEMI manages numerous collaborative industry projects, fostering a collective effort towards enhancing the electronics manufacturing industry. In 2022, seven projects concluded and eight new ones were initiated, reflecting the organization's continuous commitment to innovation and progress. Furthermore, IEMI actively participates in worldwide events and conferences, contributing to over thirty presentations and hosting five sessions. Additionally, IEMI conducts regular technical webinars, further solidifying its role as a significant player in the electronics manufacturing industry. At the end of 2022, IEMI boasted a membership of 88 organizations, underscoring the broad-based support for its mission.

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Impact




October, 2024

International Electronics Manufacturing Initiative Inc (iNEMI) serves as a pivotal collaboration forum that fosters advancements in the electronics manufacturing industry. By managing 24 collaborative projects annually, iNEMI plays a crucial role in addressing industry challenges and driving innovation. In 2022 alone, it oversaw the completion of 7 projects while initiating 8 new ones, showcasing its ongoing commitment to improvement.

The organization enhances industry knowledge and networking by participating in 16 global events and conferences, contributing 33 presentations, and hosting 5 sessions focused on pertinent topics. Additionally, iNEMI's commitment to education and knowledge sharing is evident through its 34 technical webinars that engage stakeholders across the sector.

With a diverse membership base of 88 companies, iNEMI cultivates a collaborative environment that brings together industry leaders to forecast trends and accelerate improvements, ultimately contributing to a stronger and more innovative electronics manufacturing ecosystem.




This information is meant to be a general summary of International Electronics Manufacturing Initiative 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
$1,691,610 (2022)
201120122013201420152016201720182019202020212022$0$600k$1.2M$1.8M$2.4M
Expenses
$1,277,420 (2022)
201120122013201420152016201720182019202020212022$0$600k$1.2M$1.8M$2.4M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%52%

Other financial information:

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

  • Investment Income: $17,425
  • Program Service Revenue: $1,589,708
  • Gross Receipts: $1,856,383

Assets and Liabilities:

  • Total Assets: $2,914,635
  • Total Liabilities: $792,493
  • Net Assets: $2,122,142

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Programs

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

MEMBERSHIP DUES

Revenue

$1,580,333

PROJECT REVENUE

Revenue

$9,375

Organization Details

Founding Year

1996

Principal Officer

Shekhar Chandrashekhar

Main Address

3000 RDU CENTER DRIVE SUITE 220, MORRISVILLE, NC, 27560

NTEE Category

Code: S41 - Community improvement

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