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Nonprofit · EIN 77-0540932

IMEC INC

Tax-exempt · SAN FRANCISCO, CA 94104

Financials

$6.3M$6.3M2023$7.9M$7.9M2024
Revenue Expenses · by fiscal year end
Financials of IMEC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$7,940,403$7,940,403$0$2,253,290$1,692,059$561,231
December 31, 2023990-PF$6,253,278$6,253,278$0$1,799,309$1,238,078$561,231
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Other income
$7,940,403

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,021,709
Salaries, compensation and benefits (total)
$4,082,533
Disbursements for charitable purposes
$49,293

Balance sheet and other

Total assets, start of year
$1,799,309
Total assets, end of year
$2,253,290
Total liabilities, end of year
$1,692,059
Net assets, end of year
$561,231
Fair market value of assets
$2,253,290
Qualifying distributions
$49,293

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Masoud Mirgoli
2632 Bush Street, San Francisco, CA 94115
Exec. Vice President40$938,117$23,000
Rajarao Jammy
3581 Ashbourne Circle, San Ramon, CA 94583
Pres. US Ops
Highest-paid employee
40$477,929$23,000
Raffaella Borzi-Spellman
102 Green Street, Santa Cruz, CA 95060
Vice President
Highest-paid employee
40$462,210$21,804
Nazila Pautou
1529 Theresa Avenue, Campbell, CA 95008
Dir. Strat. Pships
Highest-paid employee
40$266,841$22,195
Jonathan Prange
111 Lexington Road, Lincoln, MA 01773
Corp. Staff R & D
Highest-paid employee
40$264,221$23,000
Kathleen Cook
1821 S Bascom Ave, Campbell, CA 95008
Head Strat. Pships
Highest-paid employee
40$252,500$30,500
Filip Merckx
C/O KAPELDREEF 75, LEUVEN, BE
Secretary5$0$0
Luc Van Den Hove
C/O KAPELDREEF 75, Leuven, BE
Chair5$0$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
Masoud Mirgoli
2632 Bush Street, San Francisco, CA 94115
Executive Vice President40$788,072$22,500
Raffaella Borzi-Spellman
102 GREEN STREET, SANTA CRUZ, CA 95060
Vice President
Highest-paid employee
40$464,132$22,500
Rajarao Jammy
3581 ASHBOURNE CIRCLE, San Ramon, CA 94853
Pres. US Operations
Highest-paid employee
40$264,654$21,172
Winny Tan
3848 ADVANCEMENT TERRACE UNIT 1008, FREMONT, CA 94538
Sr Strtg Prtrshp Mgr
Highest-paid employee
40$235,456$16,471
Veronique Baudon
173 HOLLYWOOD AVENUE, SANTA CRUZ, CA 95060
Hd Strtgic Prtnrshps
Highest-paid employee
40$233,021$20,002
MATHIJS ZANDBERGEN
220 Montgomery Street, San Francisco, CA 94104
HD STRTGC PRTNRSHPS
Highest-paid employee
40$207,380$64,952
Luc Van Den Hove
C/O KAPELDREEF 75, Leuven, BE
Chair5$0$0
Ludo Deferm
C/O KAPELDREEF 75, Leuven, BE
Vice Chair5$0$0
Filip Merckx
C/O KAPELDREEF 75, LEUVEN, BE
Secretary5$0$0

Address and contacts

Address (IRS master file)
220 MONTGOMERY ST STE 1027, SAN FRANCISCO, CA 94104-3434
In care of
% MAX MIRGOLI
Signed the 990-PF
Masoud Mirgoli, General Manager
Phone
(415) 480-4519
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
77-0540932
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,253,290
Income (IRS master file)
$7,940,403

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$7,940,403$7,940,403$2,253,290XML
990-PFDecember 2023$6,253,278$6,253,278$1,799,309XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 IMEC INC

What is the EIN of IMEC INC?
The employer identification number (EIN) of IMEC INC is 77-0540932.
Is IMEC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to IMEC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does IMEC INC file?
Form 990-PF. Private foundations file every year.
When is the next return of IMEC 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 IMEC INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of IMEC INC?
The 990-PF for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $938,117 (Masoud Mirgoli, Exec. Vice President).
How much revenue does IMEC INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,940,403, expenses of $7,940,403 and total assets of $2,253,290 at year end.

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