2022-05-15T14:13:02-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY ST SUITE 1400 FORT WORTH TX 76102 990 2020-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 5714217743 1069 W BROAD STREET NO 743 FALLS CHURCH VA 22046 JENNIFER TAYLOR PRESIDENT & CEO 5714217743 2022-05-15 1 JENNIFER TAYLOR XXX-XX-XXXX MICHAELA J CROMAR CPA P00895728 8178775000 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X JENNIFER TAYLOR 1069 W BROAD STREET NO 743 FALLS CHURCH VA 22046 2866938 0 X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. 76 75 22 74 47895 0 0 0 3659960 2696958 5060 90 228746 169890 3893766 2866938 0 0 0 0 2053611 1923149 0 0 0 1204115 1024529 3257726 2947678 636040 -80740 1401021 1948353 771235 1399307 629786 549046 THE 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. 0 0 EVENTS, PROGRAM, AND MEMBER SERVICESNVTC HOSTED TWO INDUSTRY SUMMITS (ARTIFICIAL INTELLIGENCE AND CYBER SECURITY), FOUR AWARDS EVENTS (DATA CENTER AWARDS, CYBER AWARDS, TECH 100, AND CFO AWARDS), AND OVER 90 VIRTUAL MEMBER CONTENT PROGRAMMING EVENTS INCLUDING LET'S TALK TECH, MASTERS OF LEADERSHIP, DATA SCIENCE SPEAKERS SERIES, AND COMMUNITIES OF INTEREST. LEADING INDUSTRY EXPERTS ATTRACT AN ENGAGED AUDIENCE WITH SOME EVENTS EXCEEDING OVER 400 ATTENDEES. DUE TO THE COVID-19 PANDEMIC, ALL NVTC EVENTS AND MEETINGS WERE HELD VIRTUALLY IN FY 2021 (JULY 2020 JUNE 2021). NVTC OFFERS MEMBERS NETWORK OPPORTUNITIES, EDUCATIONAL PROGRAMMING, AND MEMBER BENEFITS. PUBLIC POLICY - NVTC'S LEGISLATIVE AGENDA IS INFORMED BY THE EXECUTIVE COMMITTEE TO HELP ADVANCE NVTC'S MISSION. THE AGENDA IS SUPPORTED WITH LOBBYING EFFORTS BY NVTC. WE INCLUDE EVENTS, MEETINGS AND PROGRAMS TO HELP FULFILL OUR PUBLIC POLICY AND LEGISLATIVE EFFORTS. APPROXIMATELY 13.84% OF NVTC MEMBERSHIP DUES SUPPORT LEGISLATIVE EFFORTS. FY2021 STATE LOBBYING AND LEGISLATIVE ADVOCACY EFFORTS HELPED ACHIEVE SEVERAL INITIATIVES IN SUPPORT OF VIRGINIA'S TECH INDUSTRY, SUCH AS THE ESTABLISHMENT OF THE VIRGINIA INNOVATION PARTNERSHIP AUTHORITY (VIPA), LEGISLATION ENHANCING TAX INCENTIVES FOR SOLAR PROJECTS IN VIRGINIA, FUNDING FOR VIRGINIA'S COMMONWEALTH CYBER INITIATIVE (CCI) AND ADDITIONAL FUNDING FOR NORTHERN VIRGINIA'S TRANSPORTATION, INFRASTRUCTURE. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 8 0 22 1 1 1 0 0 0 0 0 0 0 X 76 75 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JENNIFER TAYLOR PRESIDENT & CEO 5714217743 1069 W BROAD STREET NO 743 FALLS CHURCH VA 22046 CHRISTINE KALLIVOKAS COO 40.00 1.50 X 244008 0 23004 BOBBIE KILBERG PRESIDENT & CEO - UNTIL 7/2020 40.00 0.50 X X 232723 0 3981 RANDY CISLER CONTROLLER 40.00 X 144800 0 11804 SANDRA HENDERSON IT MANAGER & WEB MASTER 40.00 X 115950 0 12258 YOLANDA LEE MANAG DIR MBSHP & BUSINESS DEVEL 40.00 X 113921 0 11959 JENNIFER TAYLOR PRESIDENT & CEO - STARTING 9/2020 40.00 1.50 X X 100048 0 6618 GREG BARONI CHAIR 2.00 1.50 X X 0 0 0 KEVIN PHILLIPS VICE CHAIR 0.10 X X 0 0 0 BRUCE CASWELL VICE CHAIR 0.10 X X 0 0 0 MIKE CONDRO TREASURER 0.10 X X 0 0 0 MARTA WILSON SECRETARY 0.10 X X 0 0 0 JEAN STACK SECRETARY 0.10 X 0 0 0 ALISA VALUDES WHYTE PR ADVISOR 0.10 X X 0 0 0 MYLES LOURIA POLICY ADVISOR 0.10 X X 0 0 0 CRAIG CHASON GENERAL COUNSEL 0.10 X X 0 0 0 JONATHAN ALGER DIRECTOR 0.10 X 0 0 0 CHRIS BALCIK DIRECTOR 0.10 X 0 0 0 IRMA BECERRA DIRECTOR 0.10 X 0 0 0 JAY BELLISSIMO DIRECTOR 0.10 X 0 0 0 MATT CALKINS DIRECTOR 0.10 X 0 0 0 TERESA CARLSON DIRECTOR 0.10 X 0 0 0 WALLACE CHRISTNER DIRECTOR 0.10 X 0 0 0 JENNIFER CHRONIS DIRECTOR 0.10 X 0 0 0 TIM CONWAY DIRECTOR 0.10 X 0 0 0 STEVE COOKER DIRECTOR 0.10 X 0 0 0 MIKE CORKERY DIRECTOR 0.10 X 0 0 0 TONY CRESCENZO DIRECTOR 0.10 X 0 0 0 MAC CURTIS DIRECTOR 0.10 X 0 0 0 KAREN DAHUT DIRECTOR 0.10 X 0 0 0 TED DAVIES DIRECTOR 0.10 X 0 0 0 MATT DESCH DIRECTOR 0.10 X 0 0 0 TINA DOLPH DIRECTOR 0.10 X 0 0 0 MARK ELLENBOGEN DIRECTOR 0.10 X 0 0 0 AMR ELSAWY DIRECTOR 0.10 X 0 0 0 JERRY ERICKSON DIRECTOR 0.10 X 0 0 0 KATHRYN FALK DIRECTOR 0.10 X 0 0 0 TOM FARRELL DIRECTOR 0.10 X 0 0 0 CHAD FREDRICK DIRECTOR 0.10 X 0 0 0 BOB GENTER DIRECTOR 0.10 X 0 0 0 AMY GILLILAND DIRECTOR 0.10 X 0 0 0 JOHN GOODMAN DIRECTOR 0.10 X 0 0 0 TAG GREASON DIRECTOR 0.10 X 0 0 0 CRAIG HALLIDAY DIRECTOR 0.10 X 0 0 0 TIM HURLEBAUS DIRECTOR 0.10 X 0 0 0 KEITH KAETZEL DIRECTOR 0.10 X 0 0 0 JOEL KALLETT DIRECTOR 0.10 X 0 0 0 MICHELE KANG DIRECTOR 0.10 X 0 0 0 ANNE KRESS DIRECTOR 0.10 X 0 0 0 LORRAINE LAVET DIRECTOR 0.10 X 0 0 0 JAMES LEACH DIRECTOR 0.10 X 0 0 0 THOMAS LEBLANC DIRECTOR 0.10 X 0 0 0 BOBBY LENTZ DIRECTOR 0.10 X 0 0 0 PAUL LESLIE DIRECTOR 0.10 X 0 0 0 DAVID LINK DIRECTOR 0.10 X 0 0 0 MICHAEL MAIORANA DIRECTOR 0.10 X 0 0 0 SAM MANESS DIRECTOR 0.10 X 0 0 0 MIKE MATTESON DIRECTOR 0.10 X 0 0 0 PAUL MISENER DIRECTOR 0.10 X 0 0 0 KURT NEWMAN DIRECTOR 0.10 X 0 0 0 TIM OBRIEN DIRECTOR 0.10 X 0 0 0 DAN ONEILL DIRECTOR 0.10 X 0 0 0 PATTY OBERMAIER DIRECTOR 0.10 X 0 0 0 TROY PAINO DIRECTOR 0.10 X 0 0 0 CAROLYN PARENT DIRECTOR 0.10 X 0 0 0 RICHARD PINEDA DIRECTOR 0.10 X 0 0 0 BRIAN ROACH DIRECTOR 0.10 X 0 0 0 KATHERINE ROWE DIRECTOR 0.10 X 0 0 0 ERICH SANCHACK DIRECTOR 0.10 X 0 0 0 TIMOTHY SANDS DIRECTOR 0.10 X 0 0 0 DAVID SCHAEFER DIRECTOR 0.10 X 0 0 0 JAMES SCHENCK DIRECTOR 0.10 X 0 0 0 JENNIFER SICILIANO DIRECTOR 0.10 X 0 0 0 PETER SMITH DIRECTOR 0.10 X 0 0 0 MATT STROTTMAN DIRECTOR 0.10 X 0 0 0 DAVE TURNER DIRECTOR 0.10 X 0 0 0 DOUG WAGONER DIRECTOR 0.10 X 0 0 0 GREGORY WASHINGTON DIRECTOR 0.10 X 0 0 0 JOHN WASSON DIRECTOR 0.10 X 0 0 0 JILL WEETER DIRECTOR 0.10 X 0 0 0 JEREMY WENSINGER DIRECTOR 0.10 X 0 0 0 951450 0 69624 6 0 1 0 0 MEETINGS & CONFERENCES 541900 1205950 665575 540375 MEMBERSHIP DUES 541900 902417 902417 BOARD FEES & STRATEGIC 541900 539191 539191 PUBLIC AFFAIRS 541900 49400 49400 2696958 90 90 BARTERING 541900 105610 105610 ADVERTISING 541800 47895 47895 MEMBER ADVANTAGE PROGR 541900 16290 16290 95 95 169890 2866938 2156583 47895 662460 584789 1156453 67293 114614 102706 629 187722 199968 148055 73636 15122 5378 151164 61778 31303 DUES & SUBSCRIPTIONS 28670 18398 2947678 157 1182760 664547 332754 483325 113403 35669 266617 187375 122894 79242 167266 167357 1401021 1948353 162471 272923 608764 655771 470613 771235 1399307 X -63523 -218336 693309 767382 629786 549046 1401021 1948353 -80740 0 X 0 1 X 1 0 0 0 1 964942 101454 122519 223973 333870 -109897 266617 187375 79242 79242 X PART X, LINE 2: THE COUNCIL IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND THE APPLICABLE PROVISIONS OF THE COMMONWEALTH OF VIRGINIA TAX REGULATIONS. THE COUNCIL IS SUBJECT TO FEDERAL AND STATE TAXES ON ITS UNRELATED BUSINESS INCOME; HOWEVER, SUCH ACTIVITIES GENERATED NET LOSSES FOR THE YEARS ENDED JUNE 30, 2021 AND 2020. THE ORGANIZATION HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY WAS RECOGNIZED BY THE ORGANIZATION AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. X X X 0 0 0 CHRISTINE KALLIVOKAS COO 244008 0 0 0 0 0 0 0 23004 0 267012 0 0 0 BOBBIE KILBERG PRESIDENT & CEO - UNTIL 7/2020 232723 0 0 0 0 0 0 0 3981 0 236704 0 0 0 RANDY CISLER CONTROLLER 144800 0 0 0 0 0 0 0 11804 0 156604 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR, VICE-CHAIRS, PRESIDENT, GENERAL COUNSEL, SECRETARY, TREASURER, PUBLIC RELATIONS ADVISOR AND OTHER DIRECTORS SELECTED BY THE BOARD OF DIRECTORS. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, SUBJECT TO SUCH LIMITATIONS AS MAY BE PRESCRIBED BY RESOLUTION OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF DIRECTORS BUT SHALL NOT HAVE THE AUTHORITY TO AMEND THE ARTICLES OF INCORPORATION, TO ADOPT A PLAN TO MERGER OR CONSOLIDATION, TO APPROVE THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF NVTC. FURTHERMORE, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS IN MATTERS RELATED TO THE NVTC FOUNDATION. THE EXECUTIVE COMMITTEE MAY ALSO FORMULATE AND RECOMMEND TO THE BOARD OF DIRECTORS APPROVAL OF GENERAL POLICIES REGARDING THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF NVTC. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE SIX CLASSES OF MEMBERS, WHICH SHALL BE DESIGNATED CLASS I MEMBERS, CLASS II MEMBERS, CLASS III MEMBERS, CLASS IV MEMBERS, CLASS V MEMBERS, AND STUDENTS (COLLECTIVELY "MEMBERS"). CLASS I (TECHNOLOGY COMPANY). 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. ALL CLASS I MEMBERS MUST BE APPROVED BY THE BOARD OF DIRECTORS. CLASS II (ASSOCIATE MEMBER). CLASS II MEMBERS 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 ARE NON-PROFIT ORGANIZATIONS. CLASS IV (GOVERNMENT AFFILIATE MEMBERS). CLASS IV MEMBERS ARE FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND SUBDIVISIONS. CLASS V (START-UP TECHNOLOGY COMPANIES).CLASS V MEMBERS SHALL BE COMPANIES OR NORTHERN VIRGINIA TECHNOLOGY COMPANIES PRIMARILY ENGAGED IN THE RESEARCH, DEVELOPMENT, MANUFACTURE OR RENDERING OF ADVANCED TECHNOLOGICAL PRODUCTS OR SERVICES. A CLASS V COMPANY HAS TO BE IN BUSINESS FOR LESS THAN 4 YEARS AND HAVE 10 EMPLOYEES OR LESS IN THE VA, MD, DC REGION. STUDENT (STUDENT CLASS) MEMBERS SHALL BE ANY PERSON CURRENTLY ENROLLED IN AN ACCREDITED COLLEGE OR UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS SHALL ELECT A BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION AND CORDIA, A FINANCIAL OUTSOURCING COMPANY, REVIEWS 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 CONTROLLER THEN REVIEWS THE RETURN WITH THE NVTC TREASURER PRIOR TO ITS SIGNING BY THE PRESIDENT AND CEO AND/OR THE TREASURER. ONCE REVIEWED, A COMPLETE COPY IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. SUBSEQUENTLY, THE TREASURER AND PRESIDENT AND CEO APPROVE FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL 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 OFF ON. THEY ARE KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT PERSONS AND COMPARABILITY DATA ARE UTILIZED WHEN SETTING COMPENSATION. A NEW CEO WAS HIRED ON SEPTEMBER 9, 2020, WITH AN EMPLOYMENT CONTRACT. THE CONTRACT AND PERFORMANCE EVALUATION IS PERIODICALLY REVIEWED AND RENEGOTIATED WITH THE CURRENT CHAIRMAN OF THE NVTC BOARD OF DIRECTORS. THE CONTRACT WAS NEGOTIATED AND SIGNED ON AUGUST 17, 2020. THE MOST RECENT CHAIRMAN AND EXECUTIVE COMMITTEE APPROVED A CEO REVIEW ON NOVEMBER 22, 2021. THE NVTC FINANCE COMMITTEE OBTAINS A FULL EVALUATION OF THE MARKET VALUE FOR ALL NVTC EMPLOYEE POSITIONS AND INDUSTRY COMPARISONS. THIS WAS COMPLETED BY NVTC'S COO, USING NATIONAL INDUSTRY STANDARD REFERENCES. ADDITIONALLY, JOB POSTING, AND SALARY REQUIREMENTS WERE REVIEWED 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. THIS PROCESS WAS LAST COMPLETED IN JUNE 2019. ON AN ONGOING BASIS, THE INITIAL OVERALL COMPREHENSIVE REVIEW WILL BE CONDUCTED INTERNALLY WITH THE DIRECTOR OF FINANCE AND ADMINISTRATION AND CEO TO DETERMINE COMPENSATION LEVELS USING THE ABOVE-MENTIONED CURRENT INDUSTRY SALARY RESOURCE STANDARDS AND COMPARABLE DATA ANNUALLY DURING THE BUDGETARY PROCESS. THE COMPENSATION RECOMMENDATIONS ARE EITHER APPROVED OR ADJUSTED BY THE PRESIDENT AND CEO AND THE NVTC EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL WILL PROVIDE FINANCIAL STATEMENTS TO THE PUBLIC WHEN REQUESTED. NORTHERN VIRGINIA TECHNOLOGY COUNCIL FOUNDATION 1069 W BROAD ST SUITE 743 FALLS CHURCH VA 22046 464090178 LESSEN UNEMPLOYMENT AMONG VETERANS OF THE UNITED STATES ARMED SERVICES VA 501(C)(3) LINE 7 NORTHERN VIRGINIA TECHNOLOGY COUNCIL 1 NVTC TECHPAC 1069 W BROAD ST SUITE 743 FALLS CHURCH VA 22046 260013593 POLITICAL ACTION COMMITTEE VA 527 NORTHERN VIRGINIA TECHNOLOGY COUNCIL 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0