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Proof Of Stake Alliance Inc

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

EIN: 841860628 ✦ Mineola, NY ✦ Designated as a 501(c)(6)

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Overview

What is Proof Of Stake Alliance Inc?

Proof of Stake Alliance Inc is a nonprofit organization situated in Mineola, New York, with a primary address at 114 Old Country Road 200. Their mission is to better the business environment for entities involved with or utilizing Proof of Stake technologies. They achieve this goal through education, collaboration, and dialogue among stakeholders. The organization supports staking rewards tax cases and provides members with crucial information on Proof of Stake technology through white papers, written by top-tier law firms. They actively engage in activities aimed at improving business conditions for entities in this sector, thereby fostering a conducive environment for their growth and development.


Official website here: www.proofofstakealliance.com

Is Proof Of Stake Alliance Inc legitimate?

Proof Of Stake Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Proof Of Stake Alliance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.proofofstakealliance.com

What is the mission statement of Proof Of Stake Alliance Inc?

The Proof of Stake Alliance Inc is dedicated to enhancing business conditions for entities that utilize or engage with Proof of Stake technologies. They achieve this goal through various activities, including education, collaboration, and dialogue among stakeholders. The organization's mission is centered around improving the business environment for these entities, aiming to foster a collective understanding and optimal interaction with Proof of Stake technologies. As part of their efforts, they have supported tax cases related to staking rewards and published white papers from renowned law firms. These initiatives aim to educate members and advocate for the benefits of Proof of Stake technology on Capitol Hill.


Official website here: www.proofofstakealliance.com

Who is the CEO of Proof Of Stake Alliance Inc?

Evan Weiss is the President & Founder of Proof Of Stake Alliance Inc.


Official website here: www.proofofstakealliance.com

What is the revenue of Proof Of Stake Alliance Inc?

Proof Of Stake Alliance Inc's revenue in 2022 was $1,125,026.


Official website here: www.proofofstakealliance.com

Who are the executives of Proof Of Stake Alliance Inc and what are their salaries?

There 5 volunteers at Proof Of Stake Alliance Inc.


Here are 5 key members and their salaries:


Evan Weiss (President & Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Mangiero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Angelovska-Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Perona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.proofofstakealliance.com

Where can I find the form 990 for Proof Of Stake Alliance Inc?

Proof Of Stake Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.proofofstakealliance.com

Learn more at the official website: www.proofofstakealliance.com

Mission Statement of Proof Of Stake Alliance Inc

Proof of Stake Alliance Inc is an organization committed to enhancing business conditions for entities that utilize or engage with proof of stake technologies. They achieve this goal through various activities, including education, collaboration, and dialogue among stakeholders. The alliance's mission is to foster a supportive environment for businesses that rely on or interact with this technology, aiming to promote its growth and development.

In order to accomplish this, Proof of Stake Alliance Inc engages in various activities. For instance, they provide educational resources to their members, helping them understand the intricacies of proof of stake-based technology. They also collaborate with stakeholders, fostering a network of individuals and organizations that work together to improve the technology and its application in various industries. Additionally, the alliance engages in dialog among stakeholders, promoting open communication and collaboration to address challenges and drive innovation in the field.

One of the ways Proof of Stake Alliance Inc achieves its mission is by supporting staking rewards tax cases. They work to ensure that entities using this technology are not unduly burdened by taxes, advocating for policies that promote fair and favorable tax treatment. They also produce white papers in collaboration with preeminent law firms, providing authoritative and up-to-date information on legal issues related to proof of stake technology. Furthermore, the alliance educates its members on Capitol Hill about proof of stake-based technology, raising awareness and fostering understanding among policymakers.

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Impact




October, 2024

Proof Of Stake Alliance Inc plays a significant role in shaping the landscape of Proof of Stake (PoS) technologies by fostering better business conditions for entities involved in this domain. Through initiatives focused on education, collaboration, and dialogue among stakeholders, it aims to enhance understanding and acceptance of PoS mechanisms.

One of its key impacts is advocacy for the clarification of staking rewards taxation, which addresses a critical concern for businesses and individuals participating in PoS networks. By supporting legal frameworks and engaging with lawmakers, the organization helps create a more favorable regulatory environment, promoting growth and innovation within the sector.

Additionally, Proof Of Stake Alliance Inc disseminates valuable research and white papers from leading law firms, providing its members with essential insights into best practices and legal compliance. This commitment to education extends to informing policymakers about the benefits and complexities of PoS-based technology, ensuring that stakeholders' interests are represented in legislative discussions.

Overall, the alliance serves as a vital resource and advocate for those engaged with PoS technologies, enhancing community engagement and driving progress in this evolving field.




This information is meant to be a general summary of Proof Of Stake Alliance 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
$1,125,026 (2022)
Expenses
$1,137,367 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Gross Receipts: $1,125,026

Assets and Liabilities:

  • Total Assets: $221,533
  • Total Liabilities: $25,690
  • Net Assets: $195,843

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Organization Details

Founding Year

2019

Principal Officer

Evan Weiss

Main Address

114 OLD COUNTRY ROAD 200, MINEOLA, NY, 11501

NTEE Category

Code: U01 - Science research

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