COMMONWEALTH CENTER FOR ADVANCED MANUFACTURING

EIN: 272922154 501(c)(3) Science & Technology

DISPUTANTA, VA

Total Revenue
$23,287,216
Total Expenses
$11,458,664
Total Assets
$13,722,562
Net Assets
$10,538,864
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
VA
Principal Officer
DEBORAH HAGGERTY
Phone
8047723700
Tax Period
2024-07-01 to 2025-06-30

COMMONWEALTH CENTER FOR ADVANCED MANUFACTURING, founded in 2010, is a mid-sized nonprofit in the Science & Technology sector that reported $23.3M in total revenue in fiscal year 2024. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.8M, a strong 51% operating margin.

Mission

CCAM WAS CREATED FOR THE PURPOSE OF CONDUCTING TRANSFORMATIONAL SCIENTIFIC RESEARCH WITH RESPECT TO THE DEVELOPMENT OF MANUFACTURING TECHNOLOGIES. CCAM SEEKS TO BRIDGE THE GAP BETWEEN LABORATORY RESEARCH AND THE DEVELOPMENT OF MANUFACTURING TECHNOLOGIES WITH INDUSTRIAL APPLICATIONS.

Program Service Accomplishments

Program 1
Expenses: $5,741,925 Revenue: $4,788,786

CCAM WILL CARRY OUT SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST THAT IS DIRECTED TOWARD BENEFITING THE PUBLIC. IT WILL CARRY OUT ITS SCIENTIFIC RESEARCH FOR THE PURPOSE OF OBTAINING SCIENTIFIC...

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CCAM WILL CARRY OUT SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST THAT IS DIRECTED TOWARD BENEFITING THE PUBLIC. IT WILL CARRY OUT ITS SCIENTIFIC RESEARCH FOR THE PURPOSE OF OBTAINING SCIENTIFIC INFORMATION AND IT WILL TIMELY PUBLISH ITS SCIENTIFIC INFORMATION TO MAKE THE INFORMATION AVAILABLE TO THE GENERAL PUBLIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,819,339
Program Service Revenue $599,667
Investment Income $-807,705
Other Revenue $15,675,915
TOTAL REVENUE $23,287,216

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,131,024
Fundraising Expenses $0
Program Expenses $5,741,925
Other Expenses $5,327,640
TOTAL EXPENSES $11,458,664

Year-over-Year Comparison

2024 2023 Change
Revenue $23,287,216 $10,744,775 +1.2%
Expenses $11,458,664 $11,124,472 +0.0%
Net Income $11,828,552 $-379,697 -32.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
59
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$408,605
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL DONOHUE BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN RIVERS BOARD MEMBER 2.00
Director
$0 $0 $0
PETE MYERS BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFREY FERGUS BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL CLAY BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER WEST BOARD MEMBER 2.00
Director
$0 $0 $0
AZIM ESKANDARIAN BOARD MEMBER 2.00
Director
$0 $0 $0
BENJAMIN HOUCK BOARD MEMBER 2.00
Director
$0 $0 $0
GARY PICKRELL BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT PROCTOR CHAIRMAN 2.00
Officer Director
$0 $0 $0
DAWIT HAILE VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOSEPH BENEVENTO SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN M MILTON-BENOIT CEO 40.00
Officer
$365,203 $43,402 $408,605
TIMOTHY WARD DIRECTOR OF OPERATIONS 40.00
Highest
$190,030 $23,474 $213,504
MATTHEW P STREMLER DIRECTOR OF RESEARCH 40.00
Highest
$186,486 $27,210 $213,696
JIM PITTELKO SYSTEMS GROUP LEAD, SR. 40.00
Highest
$163,695 $50,391 $214,086
DEREK HASS PRINCIPAL SCIENTIST 40.00
Highest
$160,580 $23,474 $184,054
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $23,287,216 $11,458,664 $13,722,562 $11,828,552
2024 No data No data No data No data
2023 $13,928,775 $9,127,172 $6,924,718 $4,801,603
2022 $7,545,943 $8,210,170 $5,952,149 $-664,227
2021 $9,261,714 $8,652,424 $5,017,532 $609,290
2020 $11,058,835 $10,479,030 $4,959,529 $579,805
2018 $6,937,564 $6,886,507 $6,244,363 $51,057
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