2023-10-19T14:47:57-07:00 2022-12-31 990 2022-01-01 863094674 FUSION INDUSTRY ASSOCIATION FUSI 2024862814 800 Maine Ave SW - Suite 223 Washington DC 20024 Andrew Holland CEO 2024862814 2023-08-25 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Andrew Holland 800 Maine Ave SW Suite 223 Washington DC 20024 699760 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. 5 5 5 0 0 0 0 688470 461415 11290 0 0 0 0 461415 699760 0 0 0 0 147397 271882 0 0 0 209676 385103 357073 656985 104342 42775 104342 174601 0 0 104342 174601 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 0 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 5 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 X Andrew Holland 2024862814 800 Maine Ave SW - Suite 223 Washington DC 20024 Andrew Holland Chief Executive Officer 40 X 199191 0 0 Christofer Mowry Chairman of the Board and Secretary 1 X X 0 0 0 Michl Binderbauer Director 1 X 0 0 0 Robert Mumgaard Director 1 X 0 0 0 Ryan Umstattd Director 1 0 X 0 0 0 Christopher Ajemian Treasurer 1 0 X 0 0 0 199191 0 0 1 0 1 0 Pillsbury Winthrop Shaw Pittman LLP 1200 Seventeenth Street NW Washington DC 20036 Strategic and Regulatory Advice 140000 1 0 688470 0 0 0 0 0 688470 Publications 900099 6796 6796 0 0 Event Revenues 900099 4494 4494 0 0 0 0 0 0 11290 0 0 0 0 0 0 699760 11290 0 0 0 0 0 0 199191 0 49145 0 5673 17873 0 140000 2844 128402 0 0 41196 140 1691 2338 0 19215 21382 0 14657 31 0 0 1542 Government Fees, Insurance, Taxes and Licenses 8186 Misc. Meals and Entertainment 2797 Bank Charges and Fees 682 656985 0 0 0 104342 158601 0 0 0 0 0 16000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 104342 174601 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 104342 174601 0 0 104342 174601 104342 174601 X 42775 0 0 0 0 27484 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 688500 128402 0 128402 137700 -9298 X X 0 0 0 Andrew Holland Chief Executive Officer 199191 0 0 0 0 0 0 0 0 0 199191 0 0 0 Christofer Mowry Chairman of the Board and Secretary 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Michl Binderbauer 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 Christopher Ajemian Treasurer 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 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 be 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 a regularly scheduled 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 C, Line 19 Available upon request Form 990, Part XI, Line 9 $16,000 in assets was accounts receivable. $11,484 was salary paid for 2022, but the check cleared in 2023