Overview
What is Fusion Industry Association?
The Fusion Industry Association, headquartered in Washington D.C., is a nonprofit organization that champions public-private partnerships in the realm of plasma physics and fusion energy research. By advocating for private fusion companies to access government-funded scientific research, they aim to accelerate the development of this promising technology. The organization also promotes collaborative partnerships between the government and private fusion companies, believing these alliances can expedite the commercialization of fusion energy. The Fusion Industry Association serves as a significant advocate for the fusion industry, pushing for a clean, sustainable, and always-on energy source that could revolutionize the global energy system. The organization's mission is to accelerate the date of commercial fusion energy and increase its use in the U.S. and global marketplace through direct engagement with governments and the public. The FIA has a workforce of approximately five individuals dedicated to these goals.
Official website here: www.fusionindustryassociation.org/
Is Fusion Industry Association legitimate?
Fusion Industry Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fusion Industry Association 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $199,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,145
For more financial information, click here
What is the mission statement of Fusion Industry Association?
The Fusion Industry Association serves as the collective voice of the expanding fusion energy sector. Their mission is to catalyze the commercialization of fusion energy, which promises to transform the global energy landscape by offering a clean, secure, and sustainable source of continuous power. The members and affiliated members of the association share the common goal of accelerating the timeline for commercial fusion energy, and subsequently, its widespread use in the U.S. and international markets. To achieve this, the Fusion Industry Association actively engages with both governments and the public to educate and advocate for fusion energy. All of its activities are geared towards supporting these objectives.
Official website here: www.fusionindustryassociation.org/
Who is the CEO of Fusion Industry Association?
Andrew Holland is the Chief Executive Officer of Fusion Industry Association. The CEO's salary of Fusion Industry Association is $199,191 and their total compensation is $199,191.
Official website here: www.fusionindustryassociation.org/
What is the revenue of Fusion Industry Association?
Fusion Industry Association's revenue in 2022 was $699,760.
Official website here: www.fusionindustryassociation.org/
Who are the executives of Fusion Industry Association and what are their salaries?
The average compensation at Fusion Industry Association during 2022 was $49,667. There are 5 employees at Fusion Industry Association.
Here are 6 key members and their salaries (Fusion Industry Association's CEO's salary is $199,191 and their total compensation is $199,191):
- Andrew Holland (Chief Executive Officer)
- Christofer Mowry (Chairman Of The Board And Secretary) [Trustee/Director]
- Michl Binderbauer (Director)
- Robert Mumgaard (Director)
- Ryan Umstattd (Director)
- Christopher Ajemian (Treasurer)
Official website here: www.fusionindustryassociation.org/
Where can I find the form 990 for Fusion Industry Association?
The Fusion Industry Association’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.fusionindustryassociation.org/
Learn more at the official website: www.fusionindustryassociation.org/
Mission Statement of Fusion Industry Association
The Fusion Industry Association, a unified voice for the burgeoning fusion industry, is committed to advancing the commercialization of fusion energy. This revolutionary source of power, once harnessed, promises to transform the global energy landscape by providing a clean, safe, and sustainable form of continuous energy. The association's members and affiliates share a common business objective: to expedite the commercialization of fusion energy and, subsequently, increase its adoption in domestic and international markets.
To achieve this goal, the Fusion Industry Association engages directly with governments and the public to educate and advocate for fusion energy. All of its activities are geared towards supporting these objectives, aiming to accelerate the date when commercial fusion energy becomes a reality. The association's ultimate vision is to revolutionize the global energy system with this clean and sustainable power source.
Impact
This information is meant to be a general summary of Fusion Industry Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Tuesday, June 18, 2024
The Fusion Industry Association is playing a crucial role in advancing fusion energy as a clean, safe, and sustainable form of always-on energy. By serving as the unified voice of the growing fusion industry, the FIA is actively working to accelerate the date of commercial fusion energy and increase its utilization in both the U.S. and global marketplace. Through direct engagement with governments and the public, the FIA is advocating for fusion energy and educating stakeholders about its potential benefits. Additionally, the FIA supports public-private partnerships that allow private fusion companies to access government-funded research and drive financial support for rapid fusion development. In doing so, the Fusion Industry Association is making significant strides towards revolutionizing the global energy system and promoting environmental sustainability.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Publications
Revenue
$6,796
Event Revenues
Revenue
$4,494
Organization Details
Founding Year
2021
Phone
(202) 486-2814
Principal Officer
Andrew Holland
Main Address
800 Maine Ave SW - Suite 223, Washington, DC, 20024
NTEE Category
Code: C35 - Environment
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