Nuclear Industry Assessment Corp.

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

Mission Statement

THE NUCLEAR INDUSTRY ASSESSMENT CORPORATIONS (NIAC) PURPOSE IS TO FACILITATE NIAC SHARED AUDIT PROGRAM. THIS IS A RESULT OF AN INDUSTRY INITIATIVE TO SHARE THE RESULTS OF SUPPLIER AUDITS AMONG INDUSTRY COMPANIES, THEREBY REDUCING THE NUMBER OF EXTERNAL AUDITS ON THE SUPPLIER. THE PROGRAM IS SIMILAR TO THE JOINT AUDIT PROGRAM OPERATED BY UTILITIES THROUGH THE NUCLEAR PROCUREMENT ISSUES COMMITTEE (NUPIC) EXCEPT MEMBERSHIP IS LIMITED TO NUCLEAR INDUSTRY SUPPLIERS, JOINT AUDITS ARE NOT CONDUCTED AND AUDITS ARE SHARED ONLY WITH MEMBER COMPANIES WHICH HAVE A BONA FIDE BUSINESS RELATIONSHIP WITH THE AUDITED SUPPLIER. NIAC IS TO PROVIDE A COST AND QUALITY EFFECTIVE PROGRAM FOR THE PERFORMANCE OF AUDITS (REFERRED TO AS ASSESSMENTS) AND THE SHARING OF ASSESSMENT RESULTS. THE NIAC SHARED AUDIT PROGRAM IS BASED ON A STANDARDIZED APPROACH FOR THE PERFORMANCE OF SUPPLIER ASSESSMENTS, UTILIZING A STANDARD ASSESSMENT CHECKLIST APPROVED BY ALL MEMBERS OF NIAC. THE ASSESSMENT CHECKLIST DELINEATES THOSE