2024-06-10T10:49:29-07:00 2023-12-31 990 2023-01-01 863094674 FUSION INDUSTRY ASSOCIATION FUSI 2024862814 800 Maine Ave SW - Suite 223 Washington DC 20024 Andrew Holland CEO 2024862814 2024-06-10 Andrew Holland 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z Andrew Holland 800 Maine Ave SW STE 223 Washington DC 20024 1084089 0 X https://www.fusionindustryassociation.org/ X 2021 DC The Fusion Industry Association is the unified voice of the growing fusion industry. Fusion energy, when commercialized, will revolutionize the global energy system by providing a clean, safe, sustainable form of always-on energy. The FIA's members and affiliate members have the common business interest of accelerating the date of commercial fusion energy, and - once commercialized - increasing its use in the U.S. and global marketplace. The FIA seeks to accelerate this date of commercialization through direct engagement with governments and the public to educate and advocate for fusion. All activities of the organization work to support these goals. 6 6 3 0 0 0 688470 1071500 11290 12589 0 0 0 0 699760 1084089 0 0 0 0 271882 312369 0 0 0 385103 683806 656985 996175 42775 87914 158601 246515 0 0 158601 246515 The Fusion Industry Association (FIA) is the unified voice of the growing fusion industry. Fusion energy, when commercialized, will revolutionize the global energy system by providing a clean, safe, sustainable form of always-on energy. The FIA's members and affiliate members have the common business interest of accelerating the date of commercial fusion energy, and - once commercialized - increasing its use in the U.S. and global marketplace. The FIA seeks to accelerate this date of commercialization through direct engagement with governments and the public to educate and advocate for fusion. All activities of the organization work to support these goals. 0 0 Supporting Public-Private Partnerships - For decades, government-funded scientists have engaged in research into plasma physics and fusion energy. The FIA advocates for private fusion companies to have access to that scientific research, with the scientists, institutions, and scientific products produced. Furthermore, the Public-Private Partnerships that include government support to private fusion companies can rapidly accelerate fusion development by driving private financial support. The FIA works to support public-private partnerships that will allow direct engagement between private fusion industry and scientists. Regulatory Engagement: Fusion power plants will be subject to regulation by the US Nuclear Regulatory Commission and State regulators when built. How those regulations are designed and implemented will have a material impact on the costs and timescales for building power plants and driving investment. Likewise, ensuring that fusion experiments and power plants pose the minimum risk to the public is of paramount importance to the industry. Therefore, a key priority of the FIA is to directly engage with regulators in a transparent manner as they determine appropriate, risk-informed regulation for the industry. External Communications: Ensuring that stakeholders and policymakers know about the importance of clean, safe, affordable, and secure fusion energy to the future energy system is a key part of the FIA's exempt mission. Through traditional media, social media, and direct engagement, the FIA is educating key stakeholders in the private, public, and philanthropic sectors about the importance of tomorrow's fusion power economy. 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 3 1 0 0 0 0 1 1 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X Andrew Holland 2024862814 800 Maine Ave SW - Suite 223 Washington DC 20024 X Andrew Holland Chief Executive Officer 40 X 215000 0 3370 Christofer Mowry Director 1 X 0 0 0 David Edelman Director 1 0 X 0 0 0 Robert Mumgaard Director 1 X 0 0 0 Ryan Umstattd Director 1 0 X 0 0 0 Sachin Desai Director 1 0 X 0 0 0 Greg Twinney Director 1 0 X 0 0 0 Jennifer Ganten Treasurer 1 0 X 0 0 0 Jeffrey Merrifield Secretary 1 0 X 0 0 0 215000 0 3370 1 0 1 0 Pillsbury Winthrop Shaw Pittman LLP 1200 Seventeenth Street NW Washington DC 20036 Strategic and Regulatory Advice 180000 Venture Government Strategies LLC 511 Union St Ste 1820 Nashville TN 37219 Federal Advocacy 115000 2 0 1071500 0 0 0 0 0 1071500 Event Revenues 900099 12589 12589 0 0 0 0 0 0 12589 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1084089 12589 0 0 X 0 0 0 0 215000 0 71470 0 9425 16474 180080 4226 227850 0 0 159517 301 2744 2075 0 34425 22238 0 32419 0 0 0 3454 Dues and Subscriptions 500 Meals and Entertainment 1791 12186 996175 0 0 0 158601 246515 0 0 0 0 0 0 0 0 0 0 0 0 0 158601 246515 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 158601 246515 0 0 158601 246515 158601 246515 87914 0 0 0 0 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1072000 227850 0 227850 225120 2730 0 Europe (including Iceland and Greenland) 0 1 Program Services UK Director was active in advocacy, education, and regulatory engagement in support of FIA's program services in the UK. 45000 Europe (including Iceland and Greenland) 0 2 Program Services Two communications professionals in the UK who supported work in external communications. 42000 Europe (including Iceland and Greenland) 1 Program Services An agents in Brussels to provide a strategic overview of the fusion landscape in the EU in support of FIA's program services. 11000 0 4 98000 0 0 0 0 0 0 X X X X 0 0 0 Andrew Holland Chief Executive Officer 215000 0 0 0 0 0 0 0 0 0 215000 0 0 0 Christofer Mowry Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 David Edelman Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Robert Mumgaard Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Ryan Umstattd Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Sachin Desai Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Greg Twinney Director 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Jeffrey Merrifield Secretary 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Jennifer Ganten Treasurer 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule J, Part I, Line 3 The FIA has a policy on the determining compensation for the Organization's chief employed executive and other Officers or Key Employees. The process includes all of these elements: (1) review and approval by the Board of Directors or Compensation Committee of the Organization; (2) use of data as to comparable compensation; and (3) contemporaneous documentation and recordkeeping. Form 990, Part VI, Section A, Line 6 The FIA is a membership organization that supports efforts to accelerate commercial fusion energy through advocacy and education. Membership is open to all organizations that support the mission and are actively engaging in research or developing fusion energy systems. Continuing Membership is contingent upon being up to date on Membership dues of the organization. All applicants shall, as a condition of Membership, agree to comply with FIA's Code of Ethics as approved by the Board of Directors. Form 990, Part VI, Section A, Line 7a Yes, members wishing to nominate a board member must be a qualified voting Member and pay dues at the level of Board Membership set annually by the Board of Directors. Form 990, Part VI, Section A, Line 7b Yes, members are required to vote at the annual meeting on a slate of Directors nominated to serve on the Board. Form 990, Part VI, Section B, Line 11b Each member of the Board of Directors receives a copy of the 990 via email, and is then given a chance to ask questions and raise concerns over a reasonable time period. The Board then votes to approve submission at an extraordinary meeting. Form 990, Part VI, Section B, Line 12c The policy was discussed at the annual membership meeting and all members are directed to comply with the ethics and conflict of interest guidelines. Form 990, Part VI, Section B, Line 15 1. Review and approval: The compensation of the person is reviewed and approved by the Board of Directors or Compensation Committee of the Organization, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2. Use of data as to comparable compensation: The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. 3. Contemporaneous documentation and recordkeeping: There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement. Form 990, Part VI, Section C, Line 19 Available upon request Form 990, Part IX, Line 11g This includes external communications support and publication of materials.