Overview
What is Internet Corporation For Assigned Names And Numbers?
The Internet Corporation for Assigned Names and Numbers (ICANN) is a global nonprofit organization with a mission to ensure the Internet's reliable and secure functioning. With participants from various parts of the world, ICANN focuses on maintaining the Internet's unique identifiers, fostering competition, and formulating policies. As a public-benefit corporation, ICANN plays a crucial role in safeguarding the Internet's security, stability, and interoperability.
Official website here: www.icann.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Internet Corporation For Assigned Names And Numbers (ICANN) boasts an impressive 100% score on Charity Navigator, demonstrating exceptional accountability and financial practices. The organization has a fully independent board, with 93% of its members meeting this criterion, ensuring a robust governance structure. Their financial oversight is further reinforced by an Audit and Oversight Committee, along with comprehensive policies for conflicts of interest and whistleblower protections.
ICANN's financial management is noteworthy, with a low liabilities-to-assets ratio of 9.83% and a program expense ratio of 74.11%. This indicates that a significant portion of their resources is allocated towards their programs rather than administrative costs, reflecting a commitment to their mission and effective use of funds. Their transparency is enhanced by the posting of tax documents on their website and the maintenance of accurate board meeting minutes.
While the organization has been recognized for its strong governance and financial health, the summary does not mention any specific programs or initiatives, which might be an area for potential improvement in terms of public engagement and understanding of their impact. Overall, ICANN represents a model of financial integrity and responsible governance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Internet Corporation For Assigned Names And Numbers legitimate?
Internet Corporation For Assigned Names And Numbers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Internet Corporation For Assigned Names And Numbers 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: $7,225,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,898,252
For more financial information, click here
Official website here: www.icann.org
What is the mission statement of Internet Corporation For Assigned Names And Numbers?
The Internet Corporation for Assigned Names and Numbers (ICANN) is a global public-benefit organization, comprised of individuals from various parts of the world. Its primary mission is to ensure the Internet remains a secure, stable, and interoperable network. ICANN fosters competition and develops policies concerning the Internet's unique identifiers. By keeping the Internet secure and functioning efficiently, ICANN plays a crucial role in maintaining the digital infrastructure that underpins modern communication and commerce.
Official website here: www.icann.org
Who is the CEO of Internet Corporation For Assigned Names And Numbers?
Unavailable The CEO's salary of Internet Corporation For Assigned Names And Numbers is $980,889 and their total compensation is $1,050,755.
Official website here: www.icann.org
What is the revenue of Internet Corporation For Assigned Names And Numbers?
Internet Corporation For Assigned Names And Numbers's revenue in 2022 was $167,893,854.
Official website here: www.icann.org
Who are the executives of Internet Corporation For Assigned Names And Numbers and what are their salaries?
The average compensation at Internet Corporation For Assigned Names And Numbers during 2022 was $208,468. There are 298 employees and 53 volunteers at Internet Corporation For Assigned Names And Numbers.
Here are 35 key members and their salaries (Internet Corporation For Assigned Names And Numbers's CEO's salary is $980,889 and their total compensation is $1,050,755):
- Compensation: $980,889
- Related: $0
- Other: $69,866
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $7,984
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $7,984
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $7,984
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $75,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $37,250
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $37,250
- Related: $0
- Other: $0
- Compensation: $37,250
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $459,844
- Related: $0
- Other: $60,750
- Compensation: $406,038
- Related: $0
- Other: $60,412
- Compensation: $707,339
- Related: $0
- Other: $70,386
- Compensation: $576,800
- Related: $0
- Other: $47,165
- Compensation: $551,155
- Related: $0
- Other: $69,866
- Compensation: $437,382
- Related: $0
- Other: $47,541
- Compensation: $445,918
- Related: $0
- Other: $54,158
- Compensation: $506,499
- Related: $0
- Other: $58,166
- Compensation: $373,540
- Related: $0
- Other: $69,749
- Compensation: $390,782
- Related: $0
- Other: $48,716
- Compensation: $382,451
- Related: $0
- Other: $60,680
- Compensation: $400,523
- Related: $0
- Other: $49,389
- Compensation: $360,282
- Related: $0
- Other: $44,820
- Compensation: $427,971
- Related: $0
- Other: $69,843
- Compensation: $330,032
- Related: $0
- Other: $60,463
- Compensation: $358,970
- Related: $0
- Other: $49,344
Official website here: www.icann.org
Where can I find the form 990 for Internet Corporation For Assigned Names And Numbers?
Internet Corporation For Assigned Names And Numbers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icann.org
Learn more at the official website: www.icann.org
Mission Statement of Internet Corporation For Assigned Names And Numbers
Internet Corporation For Assigned Names And Numbers, or ICANN, is a global public-benefit corporation with a mission to ensure the secure, stable, and interoperable functioning of the Internet. Comprised of participants from various parts of the world, ICANN is dedicated to promoting competition and developing policies concerning the Internet's unique identifiers.
ICANN's primary objective is to maintain the DNS root, which is the central database that translates domain names into IP addresses, enabling seamless communication between computers on the Internet. By keeping the DNS root secure and stable, ICANN plays a crucial role in preserving the accessibility and functionality of the World Wide Web for billions of users worldwide.
Moreover, ICANN's mission extends to fostering a collaborative environment where diverse stakeholders, including governments, private sector entities, civil society organizations, and individuals, can work together to address the evolving challenges and opportunities of the digital landscape. This inclusive approach allows ICANN to develop and implement policies that support the growth and innovation of the Internet while safeguarding its core values of security, stability, and interoperability.
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Impact
October, 2024
The Internet Corporation for Assigned Names and Numbers (ICANN) plays a crucial role in maintaining the security, stability, and interoperability of the internet. By overseeing the allocation and management of domain names and IP addresses, ICANN ensures that the internet remains a reliable and accessible platform for users globally. Its commitment to promoting competition helps foster a diverse ecosystem of registrars and service providers, which ultimately benefits consumers through greater choices and lower costs.
ICANN's policy development processes engage stakeholders from all around the world, facilitating collaboration among governments, businesses, technical experts, and civil society. This inclusive approach helps to address the needs and concerns of various communities, ensuring that the governance of internet identifiers reflects a wide array of interests and perspectives.
By establishing clear rules and protocols for the registration of domain names and the allocation of IP addresses, ICANN contributes to an organized and efficient internet architecture. Its efforts in curbing domain abuse and enhancing security standards foster trust among users, reinforcing the integrity of online interactions. Overall, ICANN's impact on the internet is profound, as it helps create a secure and interoperable digital environment essential for innovation and connectivity.
This information is meant to be a general summary of Internet Corporation For Assigned Names And Numbers. 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.
- Investment Income: $10,300,561
- Program Service Revenue: $148,862,094
- Gross Receipts: $1,001,899,290
Assets and Liabilities:
- Total Assets: $558,379,768
- Total Liabilities: $18,516,026
- Net Assets: $539,863,742
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRY/REGISTRAR FEES
Revenue
$100,998,671
ADDRESS REGISTRY FEES
Revenue
$29,296,771
ACCREDITATION FEES
Revenue
$10,154,000
PTI SERVICES AGREEMENT
Revenue
$8,089,477
APPLICATION FEES
Revenue
$343,675
Organization Details
Founding Year
1998
Phone
(310) 301-5800Main Address
12025 Waterfront Dr Ste 300, Los Angeles, CA, 900942536
Website
www.icann.orgNTEE Category
Code: U99 - Science research
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