Overview
What is Fabss Texas Coalition?
The Fabss Texas Coalition is a nonprofit organization established on April 15, 2021, with a primary focus on bolstering the semiconductor industry in Texas. Headquartered in Washington D.C., the coalition works closely with state agencies to consider the unique requirements of the semiconductor manufacturing sector. Their mission is to provide direct education and advocacy, specifically representing the Texas semiconductor industry. The Fabss Texas Coalition aims to strengthen the already robust semiconductor and high-tech ecosystem in the state, addressing the industry's unique needs that were not being addressed by other business associations or alliances.
Is Fabss Texas Coalition legitimate?
Fabss Texas Coalition is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fabss Texas Coalition 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
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What is the mission statement of Fabss Texas Coalition?
The Fabss Texas Coalition, established in April 2021, was founded with a mission to strengthen the semiconductor and high-tech industry in Texas. Recognizing the need for direct education and advocacy, Infineon Technologies, NXP, and Samsung Austin Semiconductor joined forces to create this coalition. Previously, semiconductor manufacturing companies and their customers were members of various business associations and alliances, but the unique needs of the industry were not being adequately addressed. The Fabss Texas Coalition was formed to fill this void, aiming to fortify and bolster semiconductor success in Texas by strengthening the existing semiconductor ecosystem.
Who is the CEO of Fabss Texas Coalition?
Todd Eardensohn is the Executive Director of Fabss Texas Coalition.
What is the revenue of Fabss Texas Coalition?
Fabss Texas Coalition's revenue in 2022 was $485,000.
Who are the executives of Fabss Texas Coalition and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Fabss Texas Coalition?
Fabss Texas Coalition's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fabss Texas Coalition
The Fabss Texas Coalition, established on April 15, 2021, was formed with a mission to reinforce and bolster the success of the semiconductor industry in Texas. Recognizing the robust semiconductor and high-tech ecosystem already in place, the founding members, Infineon Technologies, NXP, and Samsung Austin Semiconductor, sought to address a gap in direct education and advocacy specifically for this industry. They noticed that while semiconductor manufacturing companies and their customers were members of other business associations and alliances, a coordinated approach to addressing the unique needs of the sector was lacking. Consequently, the Fabss Texas Coalition was established to fill this void and champion the interests of the Texas semiconductor industry.
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Impact
October, 2024
The Fabss Texas Coalition significantly strengthens the semiconductor sector in Texas by enhancing the existing semiconductor and high-tech ecosystem. Founded in April 2021 by key industry players including Infineon Technologies, NXP, and Samsung Austin Semiconductor, the Coalition focuses on direct education and advocacy tailored specifically to the unique requirements of the Texas semiconductor industry.
Through collaboration with state agencies, the Coalition has influenced rulemaking processes, ensuring that regulations reflect the specific needs of semiconductor manufacturing. Additionally, its advocacy efforts support policies that foster growth and innovation within the sector, facilitating a robust environment for semiconductor companies and their customers. By addressing the unique needs of the industry, the Fabss Texas Coalition effectively fortifies Texas' position as a leader in semiconductor manufacturing and development.
This information is meant to be a general summary of Fabss Texas Coalition. 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 2022.
- Gross Receipts: $485,000
Assets and Liabilities:
- Total Assets: $50,195
- Total Liabilities: $0
- Net Assets: $50,195
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Organization Details
Founding Year
2021
Phone
(202) 661-6351Principal Officer
Todd Eardensohn
Main Address
601 13TH STREET NW 11TH FLOOR SOUT, WASHINGTON, DC, 20005
NTEE Category
Code: S40 - Community improvement
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