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← AUTOMATION STANDARDS COMPLIANCEINSTITUTE

Form 990 for tax year 2023

Filed by AUTOMATION STANDARDS COMPLIANCEINSTITUTE.

Totals

Total revenue
$859,827
Total expenses
$859,947
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$816,701
Investment income
$15,756
Other revenue
$27,370
Total assets, end of year
$1,239,702
Total liabilities, end of year
$348,902
Net assets or fund balances, end of year
$890,800
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $759,844 · related or exempt $759,844

  • 2b · Program service revenue: SECURITY INSTITUTE

    total $50,100 · related or exempt $50,100

  • 2c · Program service revenue: WIRELESS INSTITUTE

    total $6,757 · related or exempt $6,757

  • 3 · Investment income

    total $15,756 · excluded $15,756

  • 10a · Gross sales of inventory

    $32,002

  • 10b · Cost of goods sold

    $9,057

  • 10c · Net income from sales of inventory

    total $22,945 · excluded $22,945

  • 11d · All other revenue

    total $4,425 · related or exempt $4,425

  • 11e · Other revenue, total

    $4,425

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $154,221

  • 9 · Other employee benefits

    total $46,936

  • 11b · Fees: legal

    total $22,594

  • 11g · Fees: other

    total $422,396

  • 12 · Advertising and promotion

    total $113,792

  • 13 · Office expenses

    total $4,959

  • 17 · Travel

    total $10,884

  • 22 · Depreciation, depletion and amortization

    total $20,000

  • 24a · Other expenses: OVERHEAD

    total $64,165

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,219,279 · end of year $1,188,702

  • 4 · Accounts receivable

    beginning of year $90,060 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $11,000

  • 10a · Land, buildings and equipment: cost or other basis

    $60,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $40,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,240 · end of year $46,762

  • 19 · Deferred revenue

    beginning of year $333,191 · end of year $278,117

  • 25 · Other liabilities

    beginning of year $65,987 · end of year $24,023

  • 27 · Net assets without donor restrictions

    beginning of year $890,921 · end of year $890,800

Mission and programs · 2023

Mission

THE AUTOMATION STANDARDS COMPLIANCE INSTITUTE (ASCI) WAS CREATED TO FACILITATE PROGRAMS THAT ASSESS AUTOMATION-RELATED STANDARDS COMPLIANCE. THE INSTITUTE'S CHARTER INCLUDES A WIDE RANGE OF STANDARDS COMPLIANCE ASSESSMENTS (CONTINUED ON SCHEDULE O)INCLUDING SOFTWARE OR HARDWARE PRODUCTS, IMPLEMENTATION METHODS, SOLUTIONS, COMPANIES AND INDIVIDUALS.

Activities or mission (Part I)

TO FACILITATE PROGRAMS THAT ASSESS AUTOMATION-RELATED STANDARDS COMPLIANCE AND PROMOTION OF THE RELATED STANDARDS.

  • THE ISA SECURITY COMPLIANCE INSTITUTE (ISCI) OPERATES AN OPERATIONAL TECHNOLOGY (OT) CYBERSECURITY CONFORMITY ASSESSMENT (CA) SCHEME THAT CERTIFIES CONTROL SYSTEM PRODUCTS TO THE ISA/IEC 62443 SERIES OF STANDARDS. RELATED ACTIVITIES INCLUDE COLLABORATION WITH OTHER INDUSTRY GROUPS SUCH AS IEC, ASHRAE, NATF, NEMA, BCS AND, CABA AS WELL AS GOVERNMENT ENTITIES SUCH AS ERNCIP IN THE EU; AND NIST, US NATIONAL LABS SUCH AS INL AND NREL, AND DHS/CISA IN THE USA.ISCI HAS BEEN COLLABORATING WITH THE ISAGCA ON SEVERAL PROJECTS INCLUDING TWO STUDIES WHICH EVALUATED THE APPLICABILITY OF THE ISA/IEC 62443 STANDARDS FOR SECURING AND CERTIFYING IIOT COMPONENTS AND IIOT SOLUTIONS, RESPECTIVELY. THE RESULTS OF THE IIOT COMPONENT STUDY LED TO THE DEVELOPMENT OF AN EXPANSION OF THE ISASECURE SCOPE TO CERTIFY IIOT COMPONENTS. THE IIOT CERTIFICATION SCHEME WAS COMPLETED AND LAUNCHED IN DECEMBER 2022/JAN 2023 UNDER THE ISASECURE ICSA PRODUCT NAME. THE IIOT SYSTEM STUDY WAS COMPLETED IN 2023 AND WAS IN FINAL REVIEW FOR DISTRIBUTION IN Q1 2024. ADDITIONAL STUDIES INCLUDED THE ISA/IEC 62443 LEVEL 2 ANALYSIS AND A JOINT STUDY WITH ISAGCA ON ZERO TRUST.ISCI FINISHED THE 2023 FY WITH AN OPERATING SURPLUS. ISCI CONTINUES TO PURSUE THE BUILDING TECHNOLOGY/SMART BUILDINGS (BMS) INDUSTRY SECTOR FOR EXPANSION OF CERTIFICATION COVERAGE. THE ADDITION OF NEW ISCI MEMBERS FROM THE SMART BUILDINGS SECTOR AND ESTABLISHMENT OF A COLLABORATION WITH ANOTHER CERTIFICATION ORGANIZATION (BCS) MARKED PROGRESS TOWARDS STANDING-UP AN AS-BUILT BUILDING SITE CERTIFICATION FOR THE COMMERCIAL REAL ESTATE (CRE) SECTOR. ISCI LAUNCHED THE DEVELOPMENT OF THE ASSET OWNER SITE ASSESSMENT SCHEME (ACSSA) IN Q4 2023. THIS NEW ASSESSMENT AND CERTIFICATION SCHEME HAS A PLANNED COMPLETION DATE IN THE FIRST HALF OF 2025. ISCI REVIVED AN AGGRESSIVE MEMBER RECRUITING ACTIVITY IN 2023 WHICH RESULTED IN OVER 20 NEW MEMBERS AND IS EXPECTED TO GENERATE CONTINUED MEMBERSHIP GROWTH INTO THE FUTURE. THE NEW ACSSA PROGRAM ANNOUNCED IN Q1 2023 WAS A CATALYST FOR MARKET INTEREST IN ISCI MEMBERSHIPS.ISCI NOW AVERAGES 2,000 WWW.ISASECURE.ORG WEBSITE VISITORS PER MONTH WITH OVER 6,000 PAGE VIEWS AND GROWING. ISCI PRESENTED 11 WEBINARS IN 2023 WITH A COMBINED 1000+ WEBINAR REGISTRANTS AND SPONSORED ISCI SPEAKERS AT 10+ INDUSTRY EVENTS. NEW ISCI CB AGREEMENTS ARE UP TO 12 AS OF EOY 2023. OPERATING GLOBALLY. ISCI CONTINUES ITS MISSION TO PROMOTE THE ISA/IEC 62443 FAMILY OF STANDARDS AND THE RELATED ISASECURE PRODUCT CERTIFICATION PROGRAM. THERE IS NO CHANGE IN THE ISCI SCOPE AND MISSION AND ISCI COMMENCED DEVELOPMENT OF AN ASSET-OWNER IACS ASSESSMENT SCHEME IN LATE 2023 WITH PLANS FOR AN IIOT SYSTEM CERTIFICATION IN PARTNERSHIP WITH THE CLOUD SECURITY ALLIANCE (CSA).2023 SHOWED SIGNIFICANT GROWTH IN THE DEMAND FOR FORMAL ADOPTION OF THE ISA/IEC 62443 STANDARDS BY PRODUCT SUPPLIERS AND NEW CERTIFICATIONS REFLECTED THIS GROWTH. ISCI COMPLETED: TWENTY-FIVE ADDITIONS FOR THE ISASECURE SDLA DEVELOPMENT PROCESS CERTIFICATIONS (62443-4-1); SEVEN ADDITIONS FOR ISASECURE CSA COMPONENT CERTIFICATIONS (62443-4-2). ONE ADDITION FOR ISASECURE SSA SYSTEM CERTIFICATION (62443-3-3)- THIRTY-THREE TOTAL ISASECURE CERTIFICATIONS ADDED IN 2023.

  • THE ISA100 WIRELESS COMPLIANCE INSTITUTE OPERATES A CERTIFICATION SCHEME FOR INDUSTRIAL WIRELESS IIOT PRODUCTS BASED UPON THE ISA100.11A-2011/IEC-62734 INDUSTRIAL WIRELESS STANDARD. WCI PROMOTES THE STANDARD GLOBALLY, MANAGES INTELLECTUAL PROPERTY ASSOCIATED WITH WCI IMPLEMENTATION SPECIFICATIONS AND MAINTAINS A CERTIFICATION TEST PLATFORM FOR USE IN THE PRODUCT CONFORMITY ASSESSMENT PROGRAM. RELATED ACTIVITIES INCLUDE PERIODIC INTEROPERABILITY TESTING CAMPAIGNS AT VARIOUS GLOBAL VENUES AND COLLABORATION WITH OTHER INDUSTRY GROUPS SUCH AS FIELDCOMM GROUP AND OPC TO DEVELOP STANDARDIZED METHODS FOR INTEGRATION OF TECHNOLOGIES. THE WCI FINISHED FY 2023 WITH AN OPERATING SURPLUS. WCI INITIATED A FORMAL SPECIFICATION PROJECT WITH OPC IN 2019 WHICH WAS UPDATED IN 2021-2022 AND VERSION 1.0 COMPLETED IN 2023. SUPPLIER MEMBERS ARE NOW ADOPTING THE SPECIFICATION INTO PRODUCTS AND WCI WILL BE PERFORMING CONFORMANCE TESTING ON PRODUCTS USING THE OPC SPECIFICATION IN THE NEXT FEW YEARS. OPC IS AN INDUSTRY TECHNOLOGY CONSORTIUM TO CREATE AN OPEN INTERFACE SPECIFICATION FOR USE IN INTEGRATING ISA100 WIRELESS PRODUCTS WITH OTHER AUTOMATION PLATFORMS USED IN PROCESS MANUFACTURING APPLICATIONS. WCI HOSTED EIGHT WEBINARS WITH A CUMULATIVE 1000+ REGISTRANTS AND HOSTED THREE CUSTOMER EVENTS IN JAPAN. THE WCI ASIA PACIFIC TEAM HOSTED AN ISA100 WIRELESS TECHNOLOGY DISPLAY AT THE 2023 JEMIMA SHOW IN JAPAN. WCI IS NOW AVERAGING 2,000 WEBSITE VISITORS AND 6,000 PAGE VIEWS ON ITS WWW.ISA100WCI.ORGWEBSITE.THERE IS NO CHANGE IN THE WCI SCOPE AND MISSION. WCI COMPLETED THE OPC APPLICATION-LEVEL SPECIFICATION AND BLE PROVISIONING PROJECTS IN Q4 2020; SUPPLIERS DEVELOPING PRODUCTS FOR 2022-2023 RELEASE THAT USE THE NEW SPECIFICATIONS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Hugh Webster

    AT-LARGE LEGAL COUNSEL

    Total calculated
    $0
    Hours/week
    2
  • Steve Mustard

    ISA TREASURER

    Total calculated
    $0
    Hours/week
    2
  • David Lee

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Carlos Mandolesi

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Michael Hamm

    AT-LARGE COMPLIANCE EXPERT

    Total calculated
    $0
    Hours/week
    2
  • Michela Cobb

    MANAGING DIRECTOR OF FINANCE

    Total calculated
    $213,372
    From this org
    $0
    From related orgs
    $180,041
    Other
    $33,331
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $158,798 related
    Bonus
    $0 + $15,984 related
    Other
    $0 + $5,259 related
    Deferred
    $0 + $16,009 related
    Nontaxable benefits
    $0 + $17,322 related
    Filer's total
    $0 + $213,372 related
  • Andre Ristaino

    MANAGING DIRECTOR

    Total calculated
    $217,478
    From this org
    $0
    From related orgs
    $178,827
    Other
    $38,651
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $142,286 related
    Bonus
    $0 + $31,786 related
    Other
    $0 + $4,755 related
    Deferred
    $0 + $22,282 related
    Nontaxable benefits
    $0 + $16,369 related
    Filer's total
    $0 + $217,478 related
  • Claire Fallon

    EXECUTIVE DIRECTOR

    Total calculated
    $457,039
    From this org
    $0
    From related orgs
    $412,713
    Other
    $44,326
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $338,346 related
    Bonus
    $0 + $71,400 related
    Other
    $0 + $2,967 related
    Deferred
    $0 + $27,283 related
    Nontaxable benefits
    $0 + $17,043 related
    Filer's total
    $0 + $457,039 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
THE COMPENSATION COMMITTEE OF INTERNATIONAL SOCIETY OF AUTOMATION, WHICH REPRESENTS THE EXECUTIVE BOARD, REVIEWS THE PERFORMANCE AND COMPENSATION OF THE EXECUTIVE DIRECTOR/CEO ANNUALLY. A FORMAL WRITTEN PERFORMANCE APPRAISAL IS COMPLETED AND A FACE TO FACE MEETING IS HELD BETWEEN THE COMPENSATION COMMITTEE AND EXECUTIVE DIRECTOR/CEO. EACH YEAR, EXECUTIVE COMPENSATION IS REVIEWED AGAINST INDUSTRY DATA PROVIDED BY SALARY SURVEYS CONDUCTED BY ASAE (AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES), CESSE (COUNCIL OF ENGINEERING AND SCIENTIFIC SOCIETY EXECUTIVES), AND CAPITAL ASSOCIATE INDUSTRIES TO CONFIRM THAT EXECUTIVE COMPENSATION FALLS WITHIN INDUSTRY NORMS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • INTERNATIONAL SOCIETY OF AUTOMATION

    501(C)(3) · TRAINING AND CERTIFICATION · NC

  • ISA EUROPE FOUNDATION

    N/A · TRAINING SERVICE · NL

    Directly controlled by INTERNATIONAL ASSOCIATION OF AUTOMATION

  • THE AUTOMATION FEDERATION

    501(C)(3) · AUTOMATION AWARENESS AND PROGRAMS · NC

    Directly controlled by INTERNATIONAL ASSOCIATION OF AUTOMATION

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202443139349304219

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