Nonprofit · EIN 22-3639558
ISTO INC
Tax-exempt · PISCATAWAY, NJ 08854
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,689,529 | $4,580,337 | $109,192 | $10,960,581 | $9,757,528 | $1,203,053 |
| December 31, 2023 | 990 | $5,117,289 | $5,172,146 | -$54,857 | $10,597,177 | $9,503,316 | $1,093,861 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,428,992
- Investment income
- $260,537
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $441,471
- Salaries, compensation and benefits (total)
- $441,471
- Professional fundraising fees
- $0
- Legal fees
- $178,290
- Accounting fees
- $25,000
- Occupancy
- $4,796
- Travel
- $273,083
Balance sheet and other
- Total assets, start of year
- $10,597,177
- Total assets, end of year
- $10,960,581
- Total liabilities, end of year
- $9,757,528
- Net assets, end of year
- $1,203,053
- Net assets without donor restrictions
- $1,203,053
- Gross receipts
- $4,689,529
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1999
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADAM NEWMAN | DIR. Pres. & CEO (THRU. 4/24) Trustee or director, Officer | 40 | $282,731 | $41,760 |
| DANIEL BURNETT | DIR., PRES. & CEO (EFF. 04/24) Trustee or director, Officer | 40 | $116,980 | $0 |
| Yatin Trivedi | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| Lewis Brodnax III | DIRECTOR (THRU. 4/24) Trustee or director | 4 | $0 | $0 |
| Leo Casey | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Brian Daly | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Heather J Meeker | DIRECTOR (THRU. 5/24) Trustee or director | 4 | $0 | $0 |
| FORREST WRIGHT | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Marco W Migliaro | Secretary Officer | 4 | $0 | $0 |
| Janet Malasig | Treasurer Officer | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADAM NEWMAN | Director/President & CEO Trustee or director, Officer | 40 | $319,301 | $55,295 |
| Yatin Trivedi | CHAIRMAN/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| DANIEL BURNETT | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Lewis Brodnax III | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Leo Casey | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Brian Daly | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Heather J Meeker | DIRECTOR Trustee or director | 4 | $0 | $0 |
| FORREST WRIGHT | DIRECTOR Trustee or director | 4 | $0 | $0 |
| Marco W Migliaro | Secretary Officer | 4 | $0 | $0 |
| Janet Malasig | Treasurer Officer | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 371 HOES LN STE 200, PISCATAWAY, NJ 08854-4143
- In care of
- % DANIEL BURNETT
- Principal officer (990 for 2024)
- DANIEL BURNETT, 371 HOES LANE SUITE 200, Piscataway, NJ 08854
- Signed the 990
- DANIEL BURNETT, PRESIDENT & CEO
- Phone
- (732) 377-2051
- Website
- WWW.ISTO.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
ISTO MENTORS COMMUNITIES DEVELOPING, CERTIFYING, AND PROMOTING THEIR TECHNOLOGY STANDARDS, BEST PRACTICES, GUIDELINES, OPEN SOURCE, AND IMPLEMENTATION ACTIVITIES.
Program accomplishments
- MIPI ALLIANCE - DELIVER AND SUPPORT SOLUTIONS FOR THE MULTI-MEDIA ENHANCED MOBILE DEVICE INDUSTRY THAT WILL PROMOTE A FASTER AND BROADER ADOPTION OF MULTI-MEDIA ENHANCED MOBILE DEVICES BY DEFINING, DEVELOPING, AND PROMOTING MIPI SPECIFICATIONS THAT CAN BE WIDELY ADOPTED IN ORDER TO ENHANCE DEMAND FOR PRODUCTS THAT IMPLEMENT MIPI SPECIFICATIONS.
- ZHAGA - AN INDUSTRY-WIDE COOPERATION AIMED AT THE DEVELOPMENT OF STANDARD SPECIFICATIONS FOR THE INTERFACES OF LED LIGHT ENGINES.
- DiiA is an open, global consortium of lighting companies, whose main aim is to grow the market for lighting-control solutions based on the standardized Digital Addressable Lighting Interface (DALI) protocol.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3639558
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $10,960,581
- Income (IRS master file)
- $4,689,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,689,529 | $4,580,337 | $10,960,581 | IRS |
| 990 | December 2023 | $5,117,289 | $5,172,146 | $10,597,177 | XML |
| 990 | December 2022 | $5,133,157 | $5,146,472 | $8,953,678 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3639558).
Questions about ISTO INC
- What is the EIN of ISTO INC?
- The employer identification number (EIN) of ISTO INC is 22-3639558.
- Is ISTO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2001.
- Are donations to ISTO INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ISTO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ISTO INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ISTO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ISTO INC?
- The 990 for the year ended December 31, 2024 names DANIEL BURNETT.
- Who are the officers and directors of ISTO INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $282,731 (ADAM NEWMAN, DIR. Pres. & CEO (THRU. 4/24)).
- How much revenue does ISTO INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,689,529, expenses of $4,580,337 and total assets of $10,960,581 at year end.
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