Odva Inc

Organization Overview

Odva Inc is located in Ann Arbor, MI. The organization was established in 1996. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Odva Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odva 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, Odva Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 1.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE OPEN, INTEROPERABLE INFORMATION AND COMMUNICATION TECHNOLOGIES IN INDUSTRIAL AUTOMATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH ITS APPROXIMATELY 367 MEMBERS, THE COMPANY HAS PROMOTED THE ADOPTION OF A VIABLE INDUSTRIAL AUTOMATION COMMUNICATIONS NETWORK STANDARD BASED ON THE CIP PROTOCOL, AND ITS DERIVATIVES "DEVICENET", "CONTROLNET", "COMPONET AND "ETHERNET/IP". THIS HAS ALLOWED DIFFERENT MANUFACTURERS TO USE STANDARD DEVICES WITHIN A SYSTEM THEREBY REDUCING COSTS AND IMPROVING PERFORMANCE. THIS HAS BEEN ACCOMPLISHED THROUGH THE ESTABLISHMENT OF A STANDARD FOR COMPATABILITY TESTING AND COMPLIANCE. THE COMPANY ALSO PUBLISHES A DIRECTORY OF MEMBER PRODUCTS ON ITS WEBSITE TO FACILITATE AND IDENTIFY MEMBERS THAT MANUFACTURE THE PRODUCTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tuv Rheinland Japan
Product Testing Services
$178,050
Tsp Service Company Falko Bendik Otto-v
Product Testing Services
$199,100
View All Vendors

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$4,660,955
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,173
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,655,782

Create an account to unlock the data you need.

or