INTERNATIONAL DISK EQUIPMENT AND MATERIALS ASSOCIATION

EIN: 680110971

PLUMAS LAKE, CA

Total Revenue
$660,002
Total Expenses
$387,085
Total Assets
$1,914,810
Net Assets
$429,450
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CA
Principal Officer
MARK GEENEN
Phone
5304346933
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL DISK EQUIPMENT AND MATERIALS ASSOCIATION, founded in 1986, is a small nonprofit that reported $660K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $273K, a strong 41% operating margin.

Mission

IDEMA IS THE DISK DRIVE INDUSTRY'S FORUM FOR PROACTIVE COLLABORATION AND LEADERSHIP, WHICH IMPROVES THE HEALTH AND CAPABILITIES OF THE INDUSTRY. IDEMA'S MISSION IS TO ADD VALUE TO ALL LEVELS OF THE HARD DISK DRIVE (HDD) AND SOLID-STATE DRIVE (SSD) SUPPLY CHAINS BY: SETTING INDUSTRY TECHNOLOGY STANDARDS AND BENCHMARKS; BUILDING AND OPERATING A PRE-COMPETITIVE COMMERCIAL STANDARDS PROGRAM; COMMUNICATING, BOTH WITHIN THE INDUSTRY AND EXTERNALLY, KEY ELEMENTS OF THE HDD AND SSD MARKETS; HOSTING "BEST-IN-CLASS" TRADE SHOWS, EDUCATION, SYMPOSIA, AND CONFERENCES; AND OFFERING UNIQUE NETWORKING OPPORTUNITIES FOR ALL INDUSTRY PARTICIPANTS.

Program Service Accomplishments

Program 1

ASRC - ASRC PROVIDED RESEARCH GRANT MONEY TO 1 RESEARCH PARTNER MEMBERS IN 2023.

Program 2

IDEMA MEMBERSHIP - IN 2023 IDEMA HAD 2 MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $660,000
Investment Income $2
Other Revenue $0
TOTAL REVENUE $660,002

Expense Breakdown

Grants Paid $70,000
Salaries & Benefits $9,809
Fundraising Expenses $0
Other Expenses $307,276
TOTAL EXPENSES $387,085

Year-over-Year Comparison

2023 2022 Change
Revenue $660,002 $1,380,003 -0.5%
Expenses $387,085 $748,776 -0.5%
Net Income $272,917 $631,227 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
$4,859
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK GEENEN CHAIRMAN 0.50
Officer Director
$0 $0 $0
TOMOHIKO KISHI BOARD MEMBER 0.10
Director
$0 $0 $0
ISAO SUZUKI BOARD MEMBER 0.10
Director
$0 $0 $0
TRUDY GRESSLEY OFFICE MANAGER (THRU 1/31/23) 0.00
Officer
$4,859 $0 $4,859
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 No data No data No data No data
2023 $660,002 $387,085 $1,914,810 $272,917
2022 $1,380,003 $748,776 $1,364,298 $631,227
2021 $750,003 $1,453,261 $504,278 $-703,258
2020 $1,117,511 $1,544,310 $979,035 $-426,799
2019 $1,225,551 $1,647,475 $1,108,596 $-421,924
2018 $1,321,040 $1,887,489 $1,252,041 $-566,449
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