Sae Industry Technologies Consortia
- Assets
- $3.6m
- Revenue
- $6.4m
- Investments
- $10.7k
- Employees
- 27
- Location
- Warrendale, PA
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-4860294
Organization Overview
Sae Industry Technologies Consortia is located in Warrendale, PA. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Sae Industry Technologies Consortia employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sae Industry Technologies Consortia 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 12/2022, Sae Industry Technologies Consortia generated $6.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $6.3m during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SAE INDUSTRY TECHNOLOGIES CONSORTIA IS ORGANIZED FOR THE DEVELOPMENT OF AUTOMOTIVE AND AEROSPACE STANDARDS AND GUIDELINES AND FOR THE DEVELOPMENT OF CERTIFICATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARINC INDUSTRY ACTIVITIES (ARINC IA) - NATIONAL AND INTERNATIONAL MEETINGS; STANDARDS DEVELOPMENT PROGRAMS, DATA MANAGEMENT.
PROBITAS AUTHENTICATION - TRAINING AND AUDITOR/SKILLED PERSONNEL AUTHENTICATION PROGRAM.
AUTOMATED VEHICLE SAFETY CONSORTIUM (AVSC) -PUBLICATION OF BEST PRACTICES AND PRINCIPLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Schutt PHD President, Ex-Officio | OfficerTrustee | 7 | $0 |
Brian Trybend See Schedule O | Officer | 8 | $0 |
Michael Mcnair Sae Itc Vice President | 40 | $205,750 | |
Edward Straub Sae Itc Vice President | 40 | $198,470 | |
Michael Rockwell Executive Director, Arinc | Officer | 40 | $205,929 |
Peter Doty Sae Itc Vice President | 40 | $207,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mbo Partners Inc Staffing Agency | 12/30/20 | $205,003 |
Sigma Resources Llc It Consulting | 12/30/20 | $158,861 |
Cognistx It Consulting | 12/30/20 | $130,000 |
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 | $5,720,439 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $672,778 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$32,930 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,360,287 |
| 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. | $419,790 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,617,422 |
| Pension plan accruals and contributions | $293,817 |
| Other employee benefits | $265,931 |
| Payroll taxes | $204,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,562 |
| Fees for services: Accounting | $263,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $652,752 |
| Advertising and promotion | $6,618 |
| Office expenses | $155,554 |
| Information technology | $85,977 |
| Royalties | $0 |
| Occupancy | $152,675 |
| Travel | $216,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $375,616 |
| Interest | $4,844 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $337,699 |
| Insurance | $27,828 |
| All other expenses | $0 |
| Total functional expenses | $6,260,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $169,616 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $812,897 |
| 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 | $82,239 |
| Net Land, buildings, and equipment | $947,338 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,659 |
| Investments—program-related | $0 |
| Intangible assets | $752,249 |
| Other assets | $820,905 |
| Total assets | $3,595,903 |
| Accounts payable and accrued expenses | $787,938 |
| Grants payable | $0 |
| Deferred revenue | $1,182,424 |
| 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 | $697,289 |
| Total liabilities | $2,667,651 |
| Net assets without donor restrictions | $928,252 |
| 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 | $3,595,903 |