Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 25-1880578 • 501(c)6 • Milpitas, CA
Profile
Mems and sensors industry group is the trade association advancing micro electro-mechanical systems (mems) and sensors across global markets. The organization's approach is to: connect the mems and sensors supply chain; champion mems and sensors in established and emerging markets; and explore ways to commercialize mems and sensors.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$0
Down $535,432 (-100%) from 2016
Liabilities
Down$0
Down $270,184 (-100%) from 2016
Net Assets
Down$0
Down $265,248 (-100%) from 2016
Revenue
Down-$254,376
Down $1,548,320 (-120%) from 2016
Expenses
Down$10,872
Down $1,350,348 (-99%) from 2016
Net Income
Down-$265,248
Down $197,972 (-294%) from 2016
Most recent year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.
Mems and sensors industry group is the trade association advancing micro electro-mechanical systems (mems) and sensors across global markets. The organization's approach is to: connect the mems and sensors supply chain; champion mems and sensors in established and emerging markets; and explore ways to commercialize mems and sensors.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $332,411 | - | - |
| Accounts Receivable | $103,754 | - | - |
| Prepaid Expenses and Deferred Charges | $95,177 | - | - |
| Land, Buildings, and Equipment, Net | $4,090 | - | - |
| Total Assets | $535,432 | $0 | ▼ $535,432 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $173,684 | - | - |
| Deferred Revenue | $96,500 | - | - |
| Total Liabilities | $270,184 | $0 | ▼ $270,184 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $265,248 | - | - |
| Total Net Assets Fund Balance | $265,248 | $0 | ▼ $265,248 |
| Total Liabilities and Net Assets / Fund Balance | $535,432 | $0 | ▼ $535,432 |
| Name | Title |
|---|---|
| Richard Salsman | CFO & VP Ope |
| Line Item | Amount |
|---|---|
| Other Expenses | $10,872 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Accounting | - | - | - | $4,720 |
| Office Expenses | - | - | - | $3,156 |
| Other Expenses | - | - | - | $1,839 |
| Depreciation Depletion | - | - | - | $961 |
| Fees for Services Legal | - | - | - | $196 |
| Total Functional Expenses | $0 | $0 | $0 | $10,872 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The managing director reviews the form 990 with the finance committee. A complete copy of the form 990 is provided to all members of the governing body prior to filing with the irs.”
“Board members are annually provided with a copy of the policy to review and self-report any conflicts. Board members are required to report any potential conflicts and recuse themselves from discussions pertaining to the reported conflict.”
“The anti-trust policy is available on the organization's website. All other governing documents are made available upon request.”
“Mems and sensors industry group is the trade association advancing micro electro-mechanical systems (mems) and sensors across global markets. The organization's approach is to: connect the mems and sensors supply chain; champion mems and sensors in established and emerging markets; and explore ways to commercialize mems and sensors.”
“The organization ceased all activities in 2017. See schedule n.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 1 | ACCOUNTS RECEIVABLE |
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 3 | EQUIPMENT |
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| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | KAREN LIGHTMAN, EXECUTIVE DIRECTOR OF MEMS & SENSORS INDUSTRY GROUP, BECAME AN EMPLOYEE OF SEMI FOLLOWING THE SALE TRANSACTION. |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 1 | MEMS AND SENORS INDUSTRY GROUP (SELLER), A 501(C)(6) ORGANIZATION, SOLD SUBSTANTIALLY ALL OF ITS ASSETS AND LIABILITIES TO SEMI, ANOTHER 501(C)(6) ORGANIZATION WITH SIMILAR EXEMPT PURPOSES. CASH CONSIDERATION WAS A NOMINAL AMOUNT OF TEN DOLLARS. THE SALE WAS EFFECTIVE 1/1/2017. A SMALL AMOUNT OF CASH REMAINED WITH THE SELLER FOR WIND-UP OF ITS AFFAIRS. DISSOLUTION OF SELLER WITH THE SECRETARY OF STATE IS IN PROCESS. A COPY OF THE ASSET PURCHASE AGREEMENT IS ATTACHED. A COPY OF THE BOARD RESOLUTION AUTHORIZING DISSOLUTION IS ATTACHED. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE N, PAGE 1, PART I, LINE 2E |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE N |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MEMS AND SENSORS INDUSTRY GROUP IS THE TRADE ASSOCIATION ADVANCING MICRO ELECTRO-MECHANICAL SYSTEMS (MEMS) AND SENSORS ACROSS GLOBAL MARKETS. THE ORGANIZATION'S APPROACH IS TO: CONNECT THE MEMS AND SENSORS SUPPLY CHAIN; CHAMPION MEMS AND SENSORS IN ESTABLISHED AND EMERGING MARKETS; AND EXPLORE WAYS TO COMMERCIALIZE MEMS AND SENSORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION CEASED ALL ACTIVITIES IN 2017. SEE SCHEDULE N. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE MANAGING DIRECTOR REVIEWS THE FORM 990 WITH THE FINANCE COMMITTEE. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD MEMBERS ARE ANNUALLY PROVIDED WITH A COPY OF THE POLICY TO REVIEW AND SELF-REPORT ANY CONFLICTS. BOARD MEMBERS ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS AND RECUSE THEMSELVES FROM DISCUSSIONS PERTAINING TO THE REPORTED CONFLICT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ANTI-TRUST POLICY IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. ALL OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/WebsiteAddressTxt | 0 | MEMSINDUSTRYGROUP.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICHARD SALSMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO & VP OPERATIONS |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4123901644 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MEMS AND SENSORS INDUSTRY GROUP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MEMS |
| ReturnHeader/Filer/EIN | 0 | 251880578 |
| ReturnHeader/Filer/PhoneNum | 0 | 4089436900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 673 SOUTH MILPITAS BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MILPITAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 95035 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 3B4E4DED96EA883BCA5F43D9A3BF1B8AE7EC3D73 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 98D7AC5802BE2E052C8E409B76A48CBB0D240F17 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 70.89.229.141 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:38:33 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 251898678 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | EG CONLEY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1 FORESTWOOD DR STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 152371216 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4123672001 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGG NEMTUDA |
| ReturnHeader/ReturnTs | 0 | 2018-11-13T07:38:33-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
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