Form 990 for tax year 2022
Filed by SOUTHEASTERN NEW ENGLAND DEFENSE INDUSTRY ALLIANCE.
Totals
- Total revenue
- $9,576,472
- Total expenses
- $9,479,080
- Contributions and grants received
- $0
- Grants paid
- $4,500
- Program service revenue
- $9,575,990
- Investment income
- $482
- Other revenue
- $0
- Total assets, end of year
- $2,096,878
- Total liabilities, end of year
- $1,522,507
- Net assets or fund balances, end of year
- $574,371
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $9,374,379
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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: Real Jobs Rhode Island
total $196,626 · related or exempt $196,626
-
2b · Program service revenue: Industry OTA
total $8,908,461 · related or exempt $8,908,461
-
2c · Program service revenue: Management Services
total $2,475 · related or exempt $2,475
-
2d · Program service revenue: Special Program Events
total $391,500 · related or exempt $391,500
-
2e · Program service revenue: Membership
total $72,438 · related or exempt $72,438
-
2f · All other program service revenue
total $4,490 · related or exempt $4,490
-
3 · Investment income
total $482 · excluded $482
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,500
-
5 · Compensation of officers, directors and key employees
total $109,178
-
7 · Other salaries and wages
total $225,683
-
8 · Pension plan contributions
total $8,240
-
10 · Payroll taxes
total $28,229
-
11c · Fees: accounting
total $4,975
-
11g · Fees: other
total $8,849,272
-
12 · Advertising and promotion
total $4,432
-
13 · Office expenses
total $31,178
-
14 · Information technology
total $61,594
-
16 · Occupancy
total $17,721
-
19 · Conferences, conventions and meetings
total $119,151
-
23 · Insurance
total $2,347
-
24a · Other expenses: Sponsorship
total $6,150 · program services $6,150
-
24b · Other expenses: Taxes and licenses
total $22 · program services $22
-
24c · Other expenses: Charitable contribution
total $6,405 · program services $6,405
-
24e · All other expenses
total $3
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $365,255 · end of year $373,365
-
2 · Savings and temporary cash investments
beginning of year $179,756 · end of year $179,317
-
3 · Pledges and grants receivable
beginning of year $821,194 · end of year $1,489,363
-
4 · Accounts receivable
beginning of year $1,759
-
9 · Prepaid expenses and deferred charges
beginning of year $1,290 · end of year $1,270
-
15 · Other assets
beginning of year $5,000 · end of year $53,563
-
17 · Accounts payable and accrued expenses
beginning of year $831,775 · end of year $1,444,381
-
19 · Deferred revenue
beginning of year $65,500 · end of year $29,563
-
25 · Other liabilities
end of year $48,563
-
27 · Net assets without donor restrictions
beginning of year $426,979 · end of year $544,808
-
28 · Net assets with donor restrictions
beginning of year $50,000 · end of year $29,563
Mission and programs · 2022
Mission
To enable the development of critical technologies, foster thought leadership, and facilitate workforce development.
-
Cornerstone Other Transactions Authority (OTA) Provides program management support to regional workforce development efforts focused on trade and industrial skilled current and future workers in support of the submarine shipbuilding supply chain.
Expenses $8,953,894 · Revenue $8,908,461
-
Real Jobs RI Provides program management support for workforce development efforts in support of the Defense sector internship program focused on engineering, science, IT/cyber, supply chain and business management, and veterans. The program helps develop the pipeline of current and future defense sector workers for the Defense sector.
Expenses $214,054 · Revenue $199,027
-
Conferences and Industry Partnership- On behalf of our member companies and the Southeastern NE defense industry at large, we identify, champion and coordinate issues that contribute to the National security and provide benefit to the defense sector. Membership, education, development, and outreach efforts are provided including incumbent and future workforce development.
Expenses $165,497 · Revenue $384,100
-
Member Support - membership events which include networking and technical information events on topics such as cybersecurity, unmanned technology, and new technologies. A social media program is in place to share relevant information in a timely manner with members.
Expenses $37,524 · Revenue $81,928
-
UTIC Provides program management support to UTIC focused on building a national community of resources and relationships to accelerate undersea technology and facilitating opportunities for member companies to prototype their technology in support of Department of Navy needs.
Expenses $3,410 · Revenue $2,475
As filed on the 2022 return.
Listed in Part VII
-
Molly Donohue Magee
Executive Director
- Total calculated
- $118,483
- From this org
- $115,032
- From related orgs
- $0
- Other
- $3,451
- Hours/week
- 20
-
Jaime Degala
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rusty Kollmorgen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dennis McLaughlin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Ferraro
Director
- Total calculated
- $0
- Hours/week
- 1
-
Peter Gaynor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ted Curley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stan Kordana
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Pazera
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Goetz-Partridge
Director
- Total calculated
- $0
- Hours/week
- 1
-
Richard Beretta
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Adams
Director
- Total calculated
- $0
- Hours/week
- 1
-
Donald McCormack
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kelly Mendell
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Timothy DelGiudice
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Deborah Proffitt
Vice Chair Strategy
- Total calculated
- $0
- Hours/week
- 2
-
Joe Donovan
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Colin McClennan
Vice Chair Membership
- Total calculated
- $0
- Hours/week
- 2
-
Edward Lopes
Vice Chair Infastructure
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301749349300605
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