Commonwealth Center For Advanced Manufacturing

Organization Overview

Commonwealth Center For Advanced Manufacturing is located in Disputanta, VA. The organization was established in 2012. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 06/2021, Commonwealth Center For Advanced Manufacturing employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Center For Advanced Manufacturing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Commonwealth Center For Advanced Manufacturing generated $9.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $8.7m during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CCAM WAS CREATED FOR THE PURPOSE OF CONDUCTING TRANSFORMATIONAL SCIENTIFIC RESEARCH WITH RESPECT TO THE DEVELOPMENT OF MANUFACTURING TECHNOLOGIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CCAM WILL CARRY OUT SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST THAT IS DIRECTED TOWARD BENEFITING THE PUBLIC. IT WILL CARRY OUT ITS SCIENTIFIC RESEARCH FOR THE PURPOSE OF OBTAINING SCIENTIFIC INFORMATION AND IT WILL TIMELY PUBLISH ITS SCIENTIFIC INFORMATION TO MAKE THE INFORMATION AVAILABLE TO THE GENERAL PUBLIC.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eplus Technology Inc
It Services
$389,366
Allegis Group Holdings Inc
Professional Services
$159,471
Holterman Engineering
Research Services
$124,334
The Fahrenheit Group Llc
Accounting And Finance
$188,306
Fahrenheit Finance Llc
Accounting And Finance
$120,586
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,038,310
All other contributions, gifts, grants, and similar amounts not included above$1,158,681
Noncash contributions included in lines 1a–1f $59,783
Total Revenue from Contributions, Gifts, Grants & Similar$4,196,991
Total Program Service Revenue$799,167
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 $9,261,714

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Commonwealth Center For Advanced Manufacturing has recieved totaling $131,902.

Awarding OrganizationAmount
Grow Capital Jobs Foundation

Richmond, VA

PURPOSE: PROVIDE RESEARCH

$131,902
View Grant Recipient Profile

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