Lot Network Inc.
Fiscal year ending 2024. Filed on November 17, 2025.
2055 E Warner Road Ste 101
Tempe, Arizona 85284
Lot Network Inc. (EIN: 46-5160062) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Lot Network Inc., a 501(c)(6) business league, reported compensation for 7 out of 9 total employees. Among the employees shown here, the average compensation is $487,660. The highest compensated employee at Lot Network Inc. is Ken Seddon with fiscal year 2024 compensation of $828,500.
Revenue, expenses, and employee compensation
Revenue
$9,164,417
Expenses
$8,707,352
Employee compensation
$4,937,584
Reported Compensated Employees
－42.9%vs 2023
Ken Seddon
Chief Executive Officer
$828,500
$777,500 from orgNo related comp$51,000 other
＋92.9%vs 2023
John Bronsnan
Licensing Executive
$704,000
$704,000 from orgNo related compNo other comp
＋26.1%vs 2023
Steve McDevitt
Senior Vice President HEAD of Global Business Development
$627,190
$576,190 from orgNo related comp$51,000 other
＋5.7%vs 2023
Ilja Bedner
Licensing Executive
$400,000
$374,500 from orgNo related comp$25,500 other
＋25.2%vs 2023
Lauren Krauss
Licensing Executive
$338,000
$328,000 from orgNo related comp$10,000 other
New in 2024
Sam Wiley
Thought Leadership
$274,980
$223,980 from orgNo related comp$51,000 other
＋5.7%vs 2023
Tyler Aroner
Licensing Executive
$240,950
$240,950 from orgNo related compNo other comp
Non-Employee Board Members
Mission Statement
LOT NETWORK PROMOTES INNOVATION BY REDUCING THE RISK OF LITIGATION FROM PATENT ASSERTION ENTITIES.
Revisions to this organization profile
November 17, 2025:
2024 Lot Network Inc. 990 filed
November 15, 2024:
2023 Lot Network Inc. 990 filed
November 15, 2023:
2022 Lot Network Inc. 990 filed
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