INTERNATIONAL ELECTRONICS MANUFACTURING INITIATIVE INC

EIN: 541789464

MORRISVILLE, NC

Total Revenue
$1,770,625
Total Expenses
$1,376,241
Total Assets
$3,639,952
Net Assets
$2,809,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DE
Principal Officer
SHEKHAR CHANDRASHEKHAR
Phone
9843330820
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL ELECTRONICS MANUFACTURING INITIATIVE INC, founded in 1996, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $394K, a strong 22% operating margin.

Mission

THE PREMIER COLLABORATION FORUM TO FORECAST AND ACCELERATE IMPROVEMENTS IN THE ELECTRONICS MANUFACTURING INDUSTRY.

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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 $87,953
Program Service Revenue $1,613,754
Investment Income $68,918
Other Revenue $0
TOTAL REVENUE $1,770,625

Expense Breakdown

Grants Paid $0
Salaries & Benefits $714,932
Fundraising Expenses $0
Other Expenses $661,309
TOTAL EXPENSES $1,376,241

Year-over-Year Comparison

2024 2023 Change
Revenue $1,770,625 $1,864,839 -0.1%
Expenses $1,376,241 $1,661,673 -0.2%
Net Income $394,384 $203,166 +0.9%
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

Financial Distress Indicator

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
15
Independent Members
15
Employees
3
Volunteers
20

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
2
$458,286
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAN PIN CHONG CHAIRMAN 1.00
Director
$0 $0 $0
VINCENT DICAPRIO VICE CHAIRMAN 1.00
Director
$0 $0 $0
JENNIFER MUNCY DIRECTOR 1.00
Director
$0 $0 $0
ZOHAIR MEHKRI DIRECTOR 1.00
Director
$0 $0 $0
RANJAN CHATTERJEE DIRECTOR 1.00
Director
$0 $0 $0
RAVI BHATKAL DIRECTOR 1.00
Director
$0 $0 $0
FRANCOIS BARBARA DIRECTOR 1.00
Director
$0 $0 $0
RICHARD COYLE DIRECTOR 1.00
Director
$0 $0 $0
BRAD BENNETT DIRECTOR 1.00
Director
$0 $0 $0
DANIEL MAK DIRECTOR 1.00
Director
$0 $0 $0
HANNES VORABERGER DIRECTOR 1.00
Director
$0 $0 $0
ANDY MACKIE DIRECTOR 1.00
Director
$0 $0 $0
CHRIS RUMMER DIRECTOR 1.00
Director
$0 $0 $0
ABE HIDENORI DIRECTOR 1.00
Director
$0 $0 $0
VASU VASUDEVAN DIRECTOR 1.00
Director
$0 $0 $0
SHEKHAR CHANDRASHEKHAR CEO/EXECUTIVE DIRECTOR 40.00
Officer
$275,126 $8,860 $283,986
GRACE O'MALLEY CTO 40.00
Officer
$158,823 $15,477 $174,300
HALEY FU DIR. PROJECT MGMT & APAC OPERATIONS 40.00
Highest
$102,205 $10,370 $112,575
EDWARD JOLLIE DIR. BUSINESS & ADMIN OPERATIONS 40.00
Highest
$105,419 $19,604 $125,023
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
2024 $1,770,625 $1,376,241 $3,639,952 $394,384
2023 $1,864,839 $1,661,673 $3,347,542 $203,166
2022 $1,691,610 $1,277,420 $2,914,635 $414,190
2021 $1,713,662 $1,471,225 $2,922,614 $242,437
2020 $1,601,654 $1,368,300 $2,683,218 $233,354
2019 $1,588,017 $1,538,901 $2,236,550 $49,116
2018 $1,944,748 $1,870,977 $2,116,372 $73,771
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