Small Public Charity

DESIGN VERIFICATION TRADE ASSOCIATION

DESIGN VERIFICATION TRADE ASSOCIATION, of NORTH ANDOVER, MA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $48K in expenses, $43K in total assets.

EIN: 454036953 NORTH ANDOVER, MA Professional Societies & Associations NTEE: U03 Latest filing: 2025
Total Expenses$48K
Total Assets$43K
Grant Records0
Filing Years2021–2025

Mission

THE ASSOCIATION'S 501(C)(6) ACTIVITIES INCLUDE BUILDING AND PROMOTING THE COMMON INTERESTS OF PROFESSIONALS IN THE SEMICONDUCTOR DESIGN AND VERIFICATION INDUSTRY. THIS IS ACCOMPLISHED THROUGH EDUCATIONAL AND NETWORKING EVENTS DESIGNED FOR PROFESSIONAL DEVELOPMENT AND STIMULATING A FREE EXCHANGE OF INFORMATION.

Officers & Directors

TREASURER James Crocker
SECRETARY Kelly Larson
PRESIDENT Michael Hoyt

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $48K $43K
2024 $75K $34K $99K
2023 $12K $19K $50K
2022 $6K $11K $58K
2021 $12K $16K $63K

Between 2021 and 2024, reported annual revenue grew from $12K to $75K (+525%), with total assets most recently reported at $43K.

Interactive year-over-year charts and full filing details available with membership.

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