California Manufacturing Technology Consulting

“The return was reviewed by cmtc's controller and cfo and then by cmtc's board of directors prior to its being filed. Form 990, part vi, section b, line 12c: disclosures are monitored. If a conflict arises the board member is asked to excuse himself/herself from all discussions and voting on the issue. Board members are required to sign a conflict of interest form annually. Form 990, part vi, section b, line 15: ctmc hires an independent compensation consultant to do a compensation study comparing our positions and job descriptions to the like in the industry and in other compensation indexes. The consultant uses many compensation indices for a broader median response. We update current salary band ranges for each position in the company based on the compensation study and present them to the compensation committee of our board of directors. The compensation committee reviews the results and makes its recommendation to the board for final approval. Form 990, part vi, section c, line 19: all required documents are available for public inspection upon request. Audited financial statements are provided annually to dun & bradstreet and filed with the registry of charitable trusts. Forms 990 and 990t are also available via the guidestar website, among other internet resources.”

“Cmtc provides solutions to achieve growth and profitability for manufacturers, and including the sustainment and modernization of legacy parts for the defense industry. Cmtc is affiliated with the national institute of standards and technology (nist) and is part of the department of commerce hollings manufacturing extension partnership (mep) program. The mep program contains 51 centers across the u.s. To serve the manufacturing community. Quarterly surveys ensure full accountability and a performance scorecard of certified value for our customers. The mep program is an outgrowth of the u.s. Government policy to develop and deploy technology, management and technical expertise for improving the competitiveness of manufacturing for small and medium-sized companies. These companies are critical to california, representing significant job growth for high-paying jobs having a 3-5 job multiplier effect in the economy. This means for every new manufacturing job created or retained, there are 3-5 supporting jobs.”

“Cmtc is a non-profit manufacturing consulting company whose mission is to create solutions for the improvement of our customers' performance by fostering innovation and sharing knowledge. Cmtc provides solutions to achieve growth and profitability for manufacturers and the sustainment and modernization of legacy parts for the defense industry. Cmtc is affiliated with the national institute of standards and technology (nist) and is part of the department of commerce hollings manufacturing extension partnership (mep) program. The mep program contains 51 centers across the u.s. To serve the manufacturing community. Quarterly surveys ensure full accountability and a performance scorecard of certified value for our customers. The mep program is an outgrowth of the u.s. Government policy to develop and deploy technology, management and technical expertise for improving the competitiveness of manufacturing for small and medium-sized companies. These companies are critical to california, representing significant job growth for high-paying jobs having a 3-5 job multiplier effect in the economy. This means for every new manufacturing job created or retained, there are 3-5 supporting jobs.”

“In 2019, a nist survey of 1,320 cmtc clients identified the impact of cmtc services as follows: - clients reported a total of 12,440 manufacturing jobs created/retained - clients reported a total annualized sales increase of $418m and sales retention of $445m. - clients realized a total annualized cost savings of $84.9m - clients also reported a total annualized increase in investment of $349m targeted industries: aerospace, bio-medical, chemical products, electronics, food processing, metal/machinery, plastics, transportation (auto), and wood products/furniture.”