Nonprofit · EIN 59-3239132
TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC
Tax-exempt · ORLANDO, FL 32826
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,459,934 | $1,450,984 | $8,950 | $638,615 | $130,024 | $508,591 |
| December 31, 2023 | 990 | $1,484,246 | $1,416,607 | $67,639 | $610,656 | $111,015 | $499,641 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $94,834
- Membership dues
- $94,834
- Program service revenue
- $1,337,058
- Investment income
- $1,386
- Net income from fundraising events
- $26,656
- Other revenue
- $26,656
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $402,800
- Other salaries and wages
- $472,643
- Salaries, compensation and benefits (total)
- $875,443
- Professional fundraising fees
- $0
- Occupancy
- $27,008
- Travel
- $17,393
- Depreciation
- $1,082
- Program services (functional)
- $823,077
- Management and general (functional)
- $627,907
Balance sheet and other
- Total assets, start of year
- $610,656
- Total assets, end of year
- $638,615
- Total liabilities, end of year
- $130,024
- Net assets, end of year
- $508,591
- Land, buildings and equipment
- $3,977
- Net assets without donor restrictions
- $419,255
- Net assets with donor restrictions
- $89,336
- Gross receipts
- $1,522,553
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1994
- State of legal domicile
- FL
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 |
|---|---|---|---|
| GEORGE CHEROS | CHIEF EXECUTIVE OFC Officer | 40 | $220,000 |
| DR NEAL FINKELSTEIN | CHIEF OPERATING OFFICER Officer | 40 | $182,800 |
| THERESA KOHL | DIRECTOR Trustee or director | 2 | $0 |
| JOHN GIVENS | CHAIR Trustee or director, Officer | 2 | $0 |
| JANET SPRUILL | CO CHAIR Trustee or director, Officer | 2 | $0 |
| AMY MOTKO | TREASURER Trustee or director, Officer | 2 | $0 |
| BRIAN HOLMES | DIRECTOR Trustee or director | 2 | $0 |
| ANGELA M ALBAN | DIRECTOR Trustee or director | 2 | $0 |
| MARNI SPENCE | DIRECTOR Trustee or director | 2 | $0 |
| LEE LACY | DIRECTOR Trustee or director | 2 | $0 |
| BILL REUTER | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL TSCHANZ | DIRECTOR Trustee or director | 2 | $0 |
| GRACE MARIE BOCHENEK | DIRECTOR Trustee or director | 2 | $0 |
| JANET OWEN | DIRECTOR Trustee or director | 2 | $0 |
| PAUL A SOHL | DIRECTOR Trustee or director | 2 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY TRIER | DIRECTOR Trustee or director | 2 | $0 |
| BRETT ULANDER | SECRETARY Trustee or director, Officer | 2 | $0 |
| DOUGLAS BOOTH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE CHEROS | CHIEF EXECUTIVE OFC Officer | 40 | $199,975 |
| DR NEAL FINKELSTEIN | CHIEF OPERATING OFFICER Officer | 40 | $151,525 |
| THERESA KOHL | CHAIR Trustee or director, Officer | 2 | $0 |
| JOHN GIVENS | CO-CHAIR Trustee or director, Officer | 2 | $0 |
| JANET SPRUILL | TREASURER Trustee or director, Officer | 2 | $0 |
| AMY MOTKO | SECRETARY Trustee or director, Officer | 2 | $0 |
| BRIAN HOLMES | DIRECTOR Trustee or director | 2 | $0 |
| ANGELA M ALBAN | DIRECTOR Trustee or director | 2 | $0 |
| MARNI SPENCE | DIRECTOR Trustee or director | 2 | $0 |
| LEE LACY | DIRECTOR Trustee or director | 2 | $0 |
| BILL REUTER | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL TSCHANZ | DIRECTOR Trustee or director | 2 | $0 |
| GRACE MARIE BOCHENEK | DIRECTOR Trustee or director | 2 | $0 |
| JANET OWEN | DIRECTOR Trustee or director | 2 | $0 |
| PAUL A SOHL | DIRECTOR Trustee or director | 2 | $0 |
| MARY TRIER | DIRECTOR Trustee or director | 2 | $0 |
| BRETT ULANDER | DIRECTOR Trustee or director | 2 | $0 |
| DOUGLAS BOOTH | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3039 TECHNOLOGY PKWY, ORLANDO, FL 32826-3256
- Principal officer (990 for 2024)
- GEORGE CHEROS, 3039 TECHNOLOGY PARKWAY, ORLANDO, FL 32826
- Signed the 990
- GEORGE CHEROS, PRESIDENT & CEO
- Phone
- (407) 882-6111
- Return prepared by
- SCHAFER TSCHOPP ET AL
Mission
TO LESSEN THE BURDENS OF GOVERNMENT BY ASSISTING THE U.S. GOVERNMENT IN FULFILLING ITS GOALS OF PROMPT AND VIGOROUS IMPLEMENTATION OF DEFENSE CONVERSION, REINVESTMENT AND TRANSITION ASSISTANCE AS CONTEMPLATED IN THE DEFENSE CONVERSION, REINVESTMENT AND TRANSITION ASSISTANCE ACT OF 1992.
Program accomplishments
- EDUCATION- SUPPORT EDUCATION AT ALL LEVELS IN SIMULATION TECHNOLOGY THROUGH EDUCATIONAL PROGRAMS, TEACHER AND STUDENT SUPPORT INITIATIVES, AND SCHOLARSHIP ASSISTANCE. SUPPORT EDUCATION ABOUT SIMULATION TECHNOLOGY TO INFORM THE GENERAL PUBLIC AND SERVE AS AN INFORMATION LINK AND RESOURCE FOR SIMULATION PROFESSIONALS IN GOVERNMENT, INDUSTRY, AND ACADEMIA. PROVIDE OUTREACH THROUGH SHARING OF SIMULATION EVENTS, INFORMATION, AND RESEARCH.Expenses $378,615 · revenue $619,994
- TECHNOLOGY BUSINESS SUPPORT- SIMULATION COMMUNITY DEVELOPMENT AND SUPPORT THROUGH TECHNOLOGY APPLICATIONS AND INFORMATION THAT EXPAND THE USE OF SIMULATION FROM MILITARY TO EDUCATION AND INDUSTRY. SUPPORT MODELING, SIMULATION AND TRAINING INDUSTRY WORKFORCE EDUCATION AND DEVELOPMENT.Expenses $181,077 · revenue $289,206
- TECHNOLOGY TRANSFER- PROMOTE DUAL USE TECHNOLOGIES; THE SPIN- OFF OF MILITARY TECHNOLOGIES AND CAPABILITIES IN MODELING, SIMULATION AND TRAINING INTO OTHER USEFUL APPLICATIONS AND THE SPIN-ON OF COMMERCIAL DIGITAL MEDIA, ENTERTAINMENT, AND RELATED TECHNOLOGY APPLICATIONS INTO THE MILITARY. BRIDGE THE GAP BETWEEN MILITARY AND COMMERCIAL SIMULATION TECHNOLOGIES, INCLUDING EXPANDING USES OF AND CAPABILITIES IN DISTRIBUTED LEARNING ENVIRONMENTS.Expenses $214,000 · revenue $347,635
- OTHER PROGRAMS INCLUDES, MARKETING, MEMBERSHIP, SCHOLARSHIPS, ETC.Expenses $49,385 · revenue $80,223
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
- 59-3239132
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $638,615
- Income (IRS master file)
- $1,522,553
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,484,246 | $1,416,607 | $610,656 | IRS |
| 990 | December 2022 | $1,371,743 | $1,281,618 | $606,803 | IRS |
| 990 | December 2021 | $1,001,871 | $931,914 | $539,491 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC
- What is the EIN of TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC?
- The employer identification number (EIN) of TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC is 59-3239132.
- Is TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM 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 TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM 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 TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM 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 TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC?
- The 990 for the year ended December 31, 2024 names GEORGE CHEROS.
- Who are the officers and directors of TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 2 received compensation from the organization, the highest $220,000 (GEORGE CHEROS, CHIEF EXECUTIVE OFC).
- How much revenue does TRAINING AND SIMULATION TECHNOLOGY CONSORTIUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,459,934, expenses of $1,450,984 and total assets of $638,615 at year end.
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