NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC (EIN 62-1471948)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-10
IRS object ID
202540699349301289
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-10T23:11:22-04:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521373858PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DELEON & STANG CPAS AND ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 S EAST STREETAddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21701ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN621471948EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NORTHERN VIRGINIA TECHNOLOGYBusinessNameLine1Txt
Business Name Line2COUNCIL INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNORTBusinessNameControlTxt
Phone5714217743PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11069 WEST BROAD STREET 743AddressLine1Txt
CityFALLS CHURCHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22046ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJENNIFER TAYLORPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone5714217743PhoneNum
Signature2025-03-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCLINT LEHMAN CPAPreparerPersonNm
PTINP00840525PTIN
Phone3012507400PhoneNum
Preparation2025-03-10PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJENNIFER TAYLORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11069 WEST BROAD STREET 743AddressLine1Txt
CityFALLS CHURCHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22046ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,456,989GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.NVTC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionADVOCATE OF TECHNOLOGY BUSINESSES IN NORTHERN VIRGINIAActivityOrMissionDesc
Voting Members Governing Body75VotingMembersGoverningBodyCnt
Voting Members Independent74VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Gross UBI$4,350TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$3,182,677PYProgramServiceRevenueAmt
CY Program Service Revenue$3,396,845CYProgramServiceRevenueAmt
PY Investment Income$9,770PYInvestmentIncomeAmt
CY Investment Income$39,221CYInvestmentIncomeAmt
PY Other Revenue$56,292PYOtherRevenueAmt
CY Other Revenue$20,923CYOtherRevenueAmt
PY Total Revenue$3,248,739PYTotalRevenueAmt
CY Total Revenue$3,456,989CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,979,749PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,046,078CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,353,541PYOtherExpensesAmt
CY Other Expenses$1,197,102CYOtherExpensesAmt
PY Total Expenses$3,333,290PYTotalExpensesAmt
CY Total Expenses$3,243,180CYTotalExpensesAmt
PY Revenues Less Expenses-$84,551PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$213,809CYRevenuesLessExpensesAmt
Total Assets BOY$2,013,425TotalAssetsBOYAmt
Total Assets EOY$2,310,655TotalAssetsEOYAmt
Total Liabilities BOY$1,105,373TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,188,794TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$908,052NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,121,861NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) IS TO ACCELERATE TECH INNOVATION AND PROMOTE A WORLD CLASS WORKFORCE. NVTC CONNECTS, EDUCATES, ADVOCATES AND CELEBRATES THE REGION'S THRIVING TECH ECOSYSTEM.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescEVENTS, PROGRAM AND MEMBER SERVICES: NVTC HOSTED THREE INDUSTRY SUMMITS (CYBER SUMMIT, RISE AND THRIVE AND IMPACT AI), FOUR AWARDS EVENTS (DATA CENTER AWARDS, CYBER AWARDS, TECH 100, AND CFO AWARDS), AND OVER 50 COMMUNITY OF INTEREST AND NETWORKING EVENTS. LEADING INDUSTRY EXPERTS ATTRACT AN ENGAGED AUDIENCE WITH SOME EVENTS EXCEEDING OVER 400 ATTENDEES. NVTC OFFERS MEMBERS NETWORK OPPORTUNITIES, EDUCATIONAL PROGRAMMING, AND MEMBER BENEFITS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPUBLIC POLICY - NVTC'S LEGISLATIVE AGENDA IS INFORMED BY THE EXECUTIVE COMMITTEE AND THE NVTC STRATEGIC PLAN TO ADVANCE NVTC'S MISSION. THE LEGISLATIVE AGENDA IS SUPPORTED WITH LOBBYING EFFORTS BY NVTC INCLUDING EVENTS, MEETINGS AND PROGRAMS TO SUPPORT OUR PUBLIC POLICY AND LEGISLATIVE EFFORTS. APPROXIMATELY 17% OF NVTC MEMBERSHIP DUES SUPPORT LEGISLATIVE EFFORTS (INCLUDES DIRECT COSTS AND PERSONNEL COSTS). FY2024 STATE LOBBYING AND LEGISLATIVE ADVOCACY EFFORTS HELPED ACHIEVE SEVERAL INITIATIVES IN SUPPORT OF VIRGINIA'S TECH INDUSTRY AND NVTC'S LEGISLATIVE AGENDA, WHICH INCLUDES COMPETITIVENESS AND ECONOMIC GROWTH, STEM EDUCATION AND WORKFORCE, AND INFRASTRUCTURE.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee16EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members75GoverningBodyVotingMembersCnt
Independent Voting Member74IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJENNIFER TAYLORPersonNm
Phone5714217743PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11069 WEST BROAD STREET 743AddressLine1Txt
CityFALLS CHURCHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22046ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (79 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JENNIFER TAYLOR
PRESIDENT &40.002.50Yes (X)Yes (X)$454,356$0$30,200
STEVE UPTON
CHIEF GROWTH40.00$196,984$0$30,200Yes (X)
TARIN HORAN
VP EVENTS/SP40.00$172,427$0$7,468Yes (X)
KIMBERLY WYNN
VP OPERATION40.00$150,997$0$9,030Yes (X)
GREGG HAMPTON
SR. DIR. MEM40.00$132,988$0$11,392Yes (X)
BRUCE CASWELL
CHAIR2.00Yes (X)Yes (X)$0$0$0
GIL DUSSEK
VICE CHAIR0.10Yes (X)Yes (X)$0$0$0
AMY GILLILAND
VICE CHAIR0.10Yes (X)Yes (X)$0$0$0
KEITH KAETZEL
TREASURER0.10Yes (X)$0$0$0
SUSAN PENFIELD
SECRETARY0.10Yes (X)Yes (X)$0$0$0
ALISA VALUDES WHYTE
PR ADVISOR0.10Yes (X)Yes (X)$0$0$0
MYLES LOURIA
POLICY ADVIS0.10Yes (X)Yes (X)$0$0$0
CRAIG CHASON
GENERAL COUN0.10Yes (X)Yes (X)$0$0$0
GREGORY WASHINGTON
DEI OFFICER0.10Yes (X)Yes (X)$0$0$0
JONATHAN ALGER
DIRECTOR0.10Yes (X)$0$0$0
CHRIS BALCIK
DIRECTOR0.10Yes (X)$0$0$0
IRMA BECERRA
DIRECTOR0.10Yes (X)$0$0$0
MICHAEL BECKLEY
DIRECTOR0.10Yes (X)$0$0$0
ANN BONITATIBUS
DIRECTOR0.10Yes (X)$0$0$0
TIM BORCHERT
DIRECTOR0.10Yes (X)$0$0$0
COURTNEY BROMLEY
DIRECTOR0.10Yes (X)$0$0$0
SUZANNE CAMPBELL
DIRECTOR0.10Yes (X)$0$0$0
DARA CASTLE
DIRECTOR0.10Yes (X)$0$0$0
CLIFF CHIET
DIRECTOR0.10Yes (X)$0$0$0
WALLACE CHRISTNER
DIRECTOR0.10Yes (X)$0$0$0
MILE CORRIGAN
DIRECTOR0.10Yes (X)$0$0$0
MELINDA COVERT
DIRECTOR0.10Yes (X)$0$0$0
TONY CRESCENZO
DIRECTOR0.10Yes (X)$0$0$0
MATT DESCH
DIRECTOR0.10Yes (X)$0$0$0
MARJORIE DICKMAN
DIRECTOR0.10Yes (X)$0$0$0
MARK ELLENBOGEN
DIRECTOR0.10Yes (X)$0$0$0
SUSAN FALLON BROWN
DIRECTOR0.10Yes (X)$0$0$0
JENNIFER FELIX
DIRECTOR0.10Yes (X)$0$0$0
KEVIN FITZPATRICK
DIRECTOR0.10Yes (X)$0$0$0
CHAD FREDRICK
DIRECTOR0.10Yes (X)$0$0$0
JOHN GOODMAN
DIRECTOR0.10Yes (X)$0$0$0
MARGIE GRAVES
DIRECTOR0.10Yes (X)$0$0$0
TAG GREASON
DIRECTOR0.10Yes (X)$0$0$0
MAGGIE HALLBACH
DIRECTOR0.10Yes (X)$0$0$0
CRAIG HALLIDAY
DIRECTOR0.10Yes (X)$0$0$0
XIMENA HARTSOCK
DIRECTOR0.10Yes (X)$0$0$0
KELLY HERNANDEZ
DIRECTOR0.10Yes (X)$0$0$0
TIM HURLEBAUS
DIRECTOR0.10Yes (X)$0$0$0
GLEN JONES
DIRECTOR0.10Yes (X)$0$0$0
JOEL KALLET
DIRECTOR0.10Yes (X)$0$0$0
SHANNON KELLOGG
DIRECTOR0.10Yes (X)$0$0$0
LAUREN KNAUSEBERGER
DIRECTOR0.10Yes (X)$0$0$0
ANNE KRESS
DIRECTOR0.10Yes (X)$0$0$0
MATT KULL
DIRECTOR0.10Yes (X)$0$0$0
HOWARD LANGSAM
DIRECTOR0.10Yes (X)$0$0$0
LORRAINE LAVET
DIRECTOR0.10Yes (X)$0$0$0
BOBBY LENTZ
DIRECTOR0.10Yes (X)$0$0$0
CANDICE LING
DIRECTOR0.10Yes (X)$0$0$0
DAVID LINK
DIRECTOR0.10Yes (X)$0$0$0
DAVID LUCEY
DIRECTOR0.10Yes (X)$0$0$0
SAM MANESS
DIRECTOR0.10Yes (X)$0$0$0
MAILI NEVEROSKY
DIRECTOR0.10Yes (X)$0$0$0
TROY PAINO
DIRECTOR0.10Yes (X)$0$0$0
LEIGH PALMER
DIRECTOR0.10Yes (X)$0$0$0
DELBERT PARKS
DIRECTOR0.10Yes (X)$0$0$0
JUSTIN PARSONS
DIRECTOR0.10Yes (X)$0$0$0
RICHARD PINEDA
DIRECTOR0.10Yes (X)$0$0$0
JEREMY RISSI
DIRECTOR0.10Yes (X)$0$0$0
BRIAN ROACH
DIRECTOR0.10Yes (X)$0$0$0
KATHERINE ROWE
DIRECTOR0.10Yes (X)$0$0$0
TIMOTHY SANDS
DIRECTOR0.10Yes (X)$0$0$0
JAMES SCHENCK
DIRECTOR0.10Yes (X)$0$0$0
JEAN STACK
DIRECTOR0.10Yes (X)$0$0$0
JOHN STECKEL
DIRECTOR0.10Yes (X)$0$0$0
MATT STROTTMAN
DIRECTOR0.10Yes (X)$0$0$0
RICK TOSSAVAINEN
DIRECTOR0.10Yes (X)$0$0$0
JOHN USTICA
DIRECTOR0.10Yes (X)$0$0$0
DOUG WAGONER
DIRECTOR0.10Yes (X)$0$0$0
JOHN WASSON
DIRECTOR0.10Yes (X)$0$0$0
MICHAEL WEIGAND
DIRECTOR0.10Yes (X)$0$0$0
MITCH WEINTRAUB
DIRECTOR0.10Yes (X)$0$0$0
GREG WHEELESS
DIRECTOR0.10Yes (X)$0$0$0
JOE WOOMER
DIRECTOR0.10Yes (X)$0$0$0
AMIT YORAN
DIRECTOR0.10Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,107,752TotalReportableCompFromOrgAmt
Total Other Compensation$88,290TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonTHE RITZ-CARLTON TYSONS CORNERPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11700 TYSONS BLVDAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
ServicesEVENT ACCOMODATServicesDesc
Compensation$271,127CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEETINGS AND CONFERENCES541900$1,884,911$1,884,911
MEMBERSHIP DUES541900$950,411$950,411
BOARD FEES541900$522,523$522,523
DATA CENTER ECONOMIC REPORT541900$36,500$36,500
PUBLIC AFFAIRS541900$2,500$2,500
FieldValueIRS element (for citing)
Total Program Service Revenue$3,396,845TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,221TotalRevenueColumnAmt
Exclusion$39,221ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBER ADVANTAGE PROGRAM900099$10,000$10,000
OTHER REVENUE541800$6,573$6,573
E-NEWSLETTER541900$4,350$4,350
FieldValueIRS element (for citing)
Other Revenue Total$20,923OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,456,989TotalRevenueColumnAmt
Related Or Exempt Func Income$3,403,418RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$4,350UnrelatedBusinessRevenueAmt
Exclusion$49,221ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$454,356TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,266,391TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$62,704TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$147,872TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$114,755TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$135,629TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$24,222TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$185,690TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,738TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$134,239TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,594TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$27,864TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$537,831TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,928TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$29,651TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$35,191TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
OTHER EXPENSES$17,502
SUBSCRIPTIONS/DUES$14,133
BOARD EXPENSES$10,332
EDUCATION/REGISTRATION$3,558

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,243,180TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$596,667BOYAmt
EOY$1,185,086EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$525,697BOYAmt
EOY$547,049EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$700,222BOYAmt
EOY$479,694EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$113,770BOYAmt
EOY$51,408EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$348,144LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$300,726LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$77,069BOYAmt
EOY$47,418EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,013,425BOYAmt
EOY$2,310,655EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$513,932BOYAmt
EOY$506,111EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$444,933BOYAmt
EOY$541,001EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$146,508BOYAmt
EOY$141,682EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,105,373BOYAmt
EOY$1,188,794EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$129,779BOYAmt
EOY$422,507EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$778,273BOYAmt
EOY$699,354EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$908,052BOYAmt
EOY$1,121,861EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,013,425BOYAmt
EOY$2,310,655EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$213,809ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (true)AgreeCarryoverPriorYearInd
Dues Assessments$950,411DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$161,610NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$161,610NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$161,610AggregateReportedDuesNtcAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$348,144OtherCostOrOtherBasisAmt
Depreciation$300,726DepreciationAmt
Book Value$47,418BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$47,418TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION COMPLIES WITH FASB ASC 740-10 AND ACCOUNTING STANDARDS UPDATE (ASU) 2009-06. AS PART OF THAT ADOPTION, THE ORGANIZATION CONSIDERED THE POSSIBILITY OF UNCERTAIN TAX POSITIONS AND THEIR IMPACT ON THE FINANCIAL POSITION OF THE ORGANIZATION. AS OF JUNE 30, 2024 AND 2023, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
JENNIFER TAYLOR
PRESIDENT & CEO$454,356$30,000$200$484,556
STEVE UPTON
CHIEF GROWTH OFFICER$196,984$30,000$200$227,184
TARIN HORAN
VP EVENTS/SPONSORS$172,427$7,268$200$179,895
KIMBERLY WYNN
VP OPERATIONS & GOV$150,997$8,830$200$160,027

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE MISSION OF THE NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) IS TO ACCELERATE TECH INNOVATION AND PROMOTE A WORLD CLASS WORKFORCE. NVTC CONNECTS, EDUCATES, ADVOCATES AND CELEBRATES THE REGION'S THRIVING TECH ECOSYSTEM.
FORM 990, PAGE 6, PART VI, LINE 6CLASS I (TECHNOLOGY COMPANY MEMBER). CLASS I MEMBERS SHALL BE COMPANIES OR IDENTIFIED SUBDIVISIONS OF COMPANIES PRIMARILY ENGAGED IN THE RESEARCH, DEVELOPMENT, MANUFACTURE OR RENDERING OF ADVANCED TECHNOLOGICAL PRODUCTS OR SERVICES. CLASS II (ASSOCIATE MEMBER). CLASS II MEMBERS SHALL BE COMPANIES OR IDENTIFIED SUBDIVISIONS OF COMPANIES THAT PROVIDE SERVICES TO THE TECHNOLOGY BUSINESS COMMUNITY, INCLUDING BUT NOT LIMITED TO LEGAL, FINANCIAL, TRAINING AND CONSULTING ASSISTANCE. CLASS III (NON-PROFIT AFFILIATE MEMBER). CLASS III MEMBERS SHALL BE NON- PROFIT ORGANIZATIONS. CLASS IV (GOVERNMENT AFFILIATE MEMBER). CLASS IV MEMBERS SHALL BE FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND SUBDIVISIONS. CLASS V (STUDENT MEMBER). CLASS V MEMBERS SHALL BE CURRENT APPRENTICES, UNDERGRADUATES, OR GRADUATE STUDENTS AT A COMMUNITY COLLEGE, COLLEGE, OR UNIVERSITY. CLASS V MEMBERS SHALL NOT BE ENTITLED TO VOTE ON ANY MATTER.
FORM 990, PAGE 6, PART VI, LINE 7ATHE MEMBERS SHALL ELECT A BOARD OF DIRECTORS AT THE ANNUAL MEETING.
FORM 990, PAGE 6, PART VI, LINE 11BNVTC AND CHERRY BEKAERT, A FINANCIAL OUTSOURCING COMPANY, REVIEW THE FORM 990 PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM. ANY QUESTIONS BETWEEN THE PUBLIC ACCOUNTING FIRM AND NVTC ARE ADDRESSED AND RESOLVED. THE CEO AND FINANCE DIRECTOR THEN REVIEW THE RETURN WITH THE NVTC TREASURER. THEN THE RETURN IS SHARED WITH THE FINANCE AND AUDIT COMMITTEE FOR REVIEW, PRIOR TO ITS SIGNING BY THE PRESIDENT AND CEO. A COPY IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS. SUBSEQUENTLY, THE TREASUER AND PRESIDENT AND CEO APPROVE THE RETURN FOR FILING.
FORM 990, PAGE 6, PART VI, LINE 12CALL POSSIBLE CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OR THE BOARD OF DIRECTORS TO INVESTIGATE THE SITUATION AND DETERMINE HOW THE COUNCIL SHOULD PROCEED. THE CONFLICT OF INTEREST POLICY LISTS THE PURPOSE, DEFINITIONS OF CONFLICT, PROCEDURES AND ACTIONS IF VIOLATIONS EXIST. THE POLICY IS SELF-GOVERNED BY THE INDIVIDUAL AND THE CONFLICT OF INTEREST ACKNOWLEDGEMENT IS SIGNED AND DATED BY THE ACTIVE BOARD MEMBER. AS MEMBERS ROTATE ON AND OFF THE BOARD, NEW POLICY COPIES ARE ISSUED TO THE NEW MEMBERS AND KEPT ON FILE. A MEMBER OF THE EXECUTIVE OFFICE DISTRIBUTES THE POLICY FORM FOR THE NEW MEMBER TO SIGN. ALL FORMS ARE KEPT ON FILE.
FORM 990, PAGE 6, PART VI, LINE 15AINDEPENDENT PERSONS AND COMPARABILITY DATA ARE UTILIZED WHEN SETTING COMPENSATION. THE CURRENT CEO WAS HIRED ON SEPTEMBER 9, 2020, WITH AN EMPLOYMENT CONTRACT. THE CONTRACT AND PERFORMANCE EVALUATION IS PERIODICALLY REVIEWED AND RENEGOTIATED WITH THE CHAIRMAN OF THE BOARD AND EXECUTIVE COMMITTEE. THE MOST RECENT, CHAIRMAN-APROVED CEO REVIEW WAS GIVEN IN THE FALL OF 2024. THE CEO EMPLOYMENT CONTRACT WAS AMENDED AND SIGNED IN DECEMBER 2024.
FORM 990, PAGE 6, PART VI, LINE 15BTHE NVTC HR & COMPENSATION COMMITTEE OBTAINS A FULL EVALUATION OF THE MARKET VALUE FOR ALL NVTC EMPLOYEE POSITIONS AND INDUSTRY COMPARISONS. ADDITIONALLY, JOB POSTING AND SALARY REQUIREMENTS ARE ESTABLISHED USING LOCAL LEADING INDUSTRY RESOURCES FOR ASSOCIATION PROFESSIONALS. THE COMPARISON SURVEY OF NVTC POSITIONS AND SALARY RECOMMENDATIONS ARE THEN PROVIDED TO THE COMMITTEE FOR REVIEW. ON AN ONGOING BASIS, A COMPREHENSIVE REVIEW WILL BE CONDUCTED INTERNALLY WITH THE CEO, DETERMINING COMPENSATION LEVELS USING THE ABOVE MENTIONED CURRENT INDUSTRY SALARY RESOURCE STANDARDS AND COMPARABLE DATA ANNUALLY DURING THE BUDGETARY PROCESS. THE C-LEVEL COMPENSATION RECOMMENDATIONS ARE EITHER APPROVED OR ADJUSTED BY THE PRESIDENT AND CEO, THE NVTC HR & COMPENSATION COMMITTEE, AND NVTC EXECUTIVE COMMITTEE.
FORM 990, PAGE 6, PART VI, LINE 19THE COUNCIL WILL PROVIDE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
NVTC FOUNDATION
1069 W BROAD STREET 743FALLS CHURCHVA22046464090178WORKFORCEVA501C37NVTCYes (true)
NVTC TECHPAC
1069 W BROAD STREET 743FALLS CHURCHVA22046260013593POLITICALVA527NVTCYes (true)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NVTC FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeQTransactionTypeTxt
Involved$14,282InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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