Nonprofit · EIN 81-0878938
INTERNET OF THINGS CONSORTIUM INC
Tax-exempt · MONTCLAIR, NJ 07042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $30,408 | $224,343 | -$193,935 | -$216 | $1,489,062 | -$1,489,278 |
| December 31, 2023 | 990 | $342,000 | $953,977 | -$611,977 | $146,919 | $1,449,890 | -$1,302,971 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $62,000
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$31,592
- Other revenue
- -$31,592
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,694
- Travel
- $32,779
- Program services (functional)
- $116,815
- Management and general (functional)
- $107,528
Balance sheet and other
- Total assets, start of year
- $146,919
- Total assets, end of year
- -$216
- Total liabilities, end of year
- $1,489,062
- Net assets, end of year
- -$1,489,278
- Net assets without donor restrictions
- -$1,489,278
- Gross unrelated business income
- -$31,592
- Gross receipts
- $62,000
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| GREG KAHN | CEO Trustee or director, Officer | 50 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG KAHN | CEO Trustee or director, Officer | 50 | $550,000 |
Address and contacts
- Address (IRS master file)
- 41 WATCHUNG PLAZA SUITE 175, MONTCLAIR, NJ 07042-4117
- In care of
- % GREG KAHN
- Mailing address (990-N for 2015)
- G KAHN- 23 GINNIE LANE, PRINCETON JUNCTION NJ 08550
- Principal officer (990-N for 2015)
- GREG KAHN, 23 GINNIE LANE, PRINCETON JUNCTION NJ 08550
- Signed the 990
- GREG KAHN, CEO
- Phone
- (310) 266-2477
- Website
- WWW.IOFTHINGS.ORG
- Return prepared by
- Klein Mirsky LLC
Mission
INTERNET OF THINGS CONSORTIUM, INC. AIMS TO ADVANCE IOT GROWTH AND EFFICIENCY ACROSS INDUSTRIES BY DEVELOPING BUSINESS MODELS, PROMOTING AWARENESS WITHIN THE BUSINESS COMMUNITY, AND DISSEMINATING RESEARCH AND STUDIES
Program accomplishments
- MEMBER MEETINGS - NATIONWIDE EVENTS THAT FOSTER DIALOG AND PARTNERSHIPS NATIONWIDE TASK FORCES ON PRIVACY AND SECURITY / CONNECTED HOME - NATIONWIDE RESEARCH AND EDUCATIONAL WORKSHOPS - NATIONWIDE.Expenses $116,815 · revenue $62,000
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
- 81-0878938
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $216
- Income (IRS master file)
- $62,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $30,408 | $224,343 | -$216 | XML |
| 990 | December 2023 | $342,000 | $953,977 | $146,919 | XML |
| 990 | December 2022 | $320,000 | $33,871 | $770,710 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: GREG KAHN | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-0878938).
Questions about INTERNET OF THINGS CONSORTIUM INC
- What is the EIN of INTERNET OF THINGS CONSORTIUM INC?
- The employer identification number (EIN) of INTERNET OF THINGS CONSORTIUM INC is 81-0878938.
- Is INTERNET OF THINGS CONSORTIUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2017.
- Are donations to INTERNET OF THINGS CONSORTIUM INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTERNET OF THINGS 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 INTERNET OF THINGS 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 INTERNET OF THINGS 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 INTERNET OF THINGS CONSORTIUM INC?
- The 990-N for 2015 names GREG KAHN.
- Who are the officers and directors of INTERNET OF THINGS CONSORTIUM INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does INTERNET OF THINGS CONSORTIUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $30,408, expenses of $224,343 and total assets of -$216 at year end.
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