Mipi Alliance Inc
- Assets
- $8.5m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Piscataway, NJ
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-0748279
Organization Overview
Mipi Alliance Inc is located in Piscataway, NJ. The organization was established in 2006. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mipi Alliance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Mipi Alliance Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, IMPROVE AND REPRESENT THE COMMON BUSINESS INTERESTS AND IMPROVE THE BUSINESS CONDITIONS OF COMPANIES IN THE MULTI MEDIA ENHANCED MOBILE DEVICE INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELIVER AND SUPPORT SOLUTIONS FOR THE MULTI-MEDIA ENHANCED MOBILE DEVICE INDUSTRY THAT WILL PROMOTE A FASTER AND BROADER ADOPTION OF MULTI-MEDIA ENHANCED MOBILE DEVICES BY DEFINING, DEVELOPING, AND PROMOTING MIPI SPECIFICATIONS THAT CAN BE WIDELY ADOPTED IN ORDER TO ENHANCE DEMAND FOR PRODUCTS THAT IMPLEMENT MIPI SPECIFICATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanjiv Desai Vice Chairman/director | OfficerTrustee | 4 | $0 |
Joel Huloux Chairman/director | OfficerTrustee | 6 | $0 |
Hezi Saar Treasurer/director | OfficerTrustee | 4 | $0 |
Peter B Lefkin Managing Director/secretary | Officer | 40 | $0 |
Kyung Hyun Ko Director | Trustee | 4 | $0 |
Thomas Lindenkreuz Director | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Biddle Law Pc Legal | 12/30/21 | $199,091 |
Sharmion Kerley Communications Llc Consulting | 12/30/21 | $171,589 |
Crowthorne Tech Ltd Consulting | 12/30/21 | $140,218 |
Ieee-isto Program Support | 12/30/21 | $1,216,056 |
Interprose Inc Public Relations | 12/30/21 | $246,623 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,844,753 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,844,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200,284 |
| Fees for services: Accounting | $19,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,199,491 |
| Advertising and promotion | $78,807 |
| Office expenses | $94,489 |
| Information technology | $62,847 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,063 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $273,515 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,847 |
| Insurance | $18,996 |
| All other expenses | $32,451 |
| Total functional expenses | $2,996,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,979,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $386,687 |
| Net Land, buildings, and equipment | $7,567 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,184 |
| Total assets | $8,458,712 |
| Accounts payable and accrued expenses | $196,223 |
| Grants payable | $0 |
| Deferred revenue | $2,168,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,364,223 |
| Net assets without donor restrictions | $6,094,489 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,458,712 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Research Institute For Fragrance Materials Inc Woodcliff Lake, NJ | $12,937,991 | $12,251,592 |
Sustainable Manufacturing Innovation Alliance Corp West Henrietta, NY | $5,170,750 | $6,786,054 |
Iup Research Institute Indiana, PA | $2,848,522 | $4,793,628 |
Mccourt Institute New York, NY | $300,000 | $5,000,000 |
Mipi Alliance Inc Piscataway, NJ | $8,458,712 | $3,844,753 |
Apprise Incorporated Princeton, NJ | $1,727,085 | $2,791,632 |
Solution Mining Research Institute Inc Clarks Summit, PA | $954,697 | $900,501 |
Human Computation Institute Ithaca, NY | $12,843 | $184,979 |
American Competitiveness Institute Philadelphia, PA | $891,007 | $22,328 |
Phoscope New York, NY | $0 | $0 |
Networks Electronic Commerce And Telecommunications Net Institute New York, NY | $74,213 | $25,038 |
Education Leadership Institute Inc Syracuse, NY | $1,932 | $2 |