2021-05-16T18:25:25-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY ST SUITE 1400 FORT WORTH TX 76102 990 2019-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 7039047878 25050 RIDING PLAZA SUITE 130-804 CHANTILLY VA 20152 JENNIFER TAYLOR PRESIDENT & CEO 7039047878 2021-05-15 1 MICHAELA J CROMAR CPA P00895728 8178775000 2021-05-10 2019 2022-09-23 18:48:47Z X JENNIFER TAYLOR 25050 RIDING PLAZA SUITE 130-804 CHANTILLY VA 20152 3893766 0 X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. 75 74 22 77 38615 0 0 0 3455572 3659960 8728 5060 219269 228746 3683569 3893766 0 0 0 0 2509181 2053611 0 0 0 1272131 1204115 3781312 3257726 -97743 636040 1023800 1401021 1030054 771235 -6254 629786 X THE MISSION OF THE NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) IS TO CONNECT, EDUCATE, AND ACCELERATE INNOVATION IN ORDER TO GROW A DIVERSE AND THRIVING TECHNOLOGY ECOSYSTEM IN THE CAPITAL REGION. 0 0 EVENTS, PROGRAM AND MEMBER SERVICES -NVTC HELD OVER 100 MEETINGS AND EVENTS INCLUDING THREE INDUSTRY SUMMITS ON AI, CYBER, AND AUTONOMOUS VEHICLES; TWO EVENT SERIES CALLED TECH TITANS AND MASTERS OF LEADERSHIP; SIGNATURE BANQUETS AND EVENTS INCLUDING THE CFO AWARDS AND TECH100, AND THE DATA CENTER AWARDS. HIGH-QUALITY INDUSTRY SPEAKERS ATTRACT AN ENGAGED AUDIENCE WITH SOME EVENTS EXCEEDING 800 ATTENDEES. NVTC OFFERS MEMBER BENEFITS AND DISCOUNTS INCLUDING HEALTHCARE, BUSINESS INSURANCE, AND 401K PLANS. NVTC PUBLISHES DIGITAL CONTENT TO BRAND THE REGION AS A LEADING TECHNOLOGY HUB.DUE TO THE COVID-19 PANDEMIC, EFFECTIVE MARCH 2020, ALL NVTC EVENTS AND MEETINGS WERE HELD VIRTUALLY. PUBLIC POLICY - NVTC'S EXECUTIVE COMMITTEE DEVELOPS THE ORGANIZATION'S ANNUAL LEGISLATIVE AGENDA. THE AGENDA IS SUPPORTED THROUGH LOBBYING EFFORTS BY NVTC STAFF. WE INCLUDE TARGETED EVENTS, MEETINGS, AND PROGRAMS TO FULFILL OUR PUBLIC POLICY AND LEGISLATIVE EFFORTS. APPROXIMATELY, 33.4% OF OUR MEMBERSHIP DUES SUPPORT OUR LEGISLATIVE EFFORTS. 2020 NVTC STATE LOBBYING AND LEGISLATIVE ADVOCACY EFFORTS HELPED ACHIEVE SEVERAL INITIATIVES AND LAWS IN SUPPORT OF VIRGINIA'S TECHNOLOGY INDUSTRY, SUCH AS THE ESTABLISHMENT OF THE VIRGINIA INNOVATION PARTNERSHIP AUTHORITY (VIPA), LEGISLATION ENHANCING VIRGINIA'S RESEARCH AND DEVELOPMENT TAX CREDITS, LEGISLATION ESTABLISHING TAX INCENTIVES FOR SOLAR PROJECTS GREATER THAN 20 MEGAWATTS IN VIRGINIA, FUNDING FOR VIRGINIA'S COMMONWEALTH CYBER INITIATIVE (CCI) AND LEGISLATION THAT PROVIDES ADDITIONAL FUNDING FOR 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 1 0 1 18 0 22 1 1 1 0 0 0 0 0 0 0 X 75 74 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RANDY CISLER 7039047878 25050 RIDING PLAZA SUITE 130-804 CHANTILLY VA 20152 BOBBIE KILBERG PRESIDENT & CEO 40.00 1.50 X X 395978 0 27058 CHRISTINE KALLIVOKAS COO 40.00 0.50 X 261807 0 24534 YOLANDA LEE MANAG DIR MBSHP & BUSINESS 40.00 0.00 X 200449 0 14612 RANDY CISLER CONTROLLER 40.00 0.00 X 151457 0 13856 TARIN HORAN SR DIR PROGRAMS & EVENTS 40.00 0.00 X 123854 0 36918 JOSH LEVI VICE PRESIDENT OF POLICY 40.00 0.00 X 129453 0 8703 SANDRA HENDERSON IT MANAGER & WEB MASTER 40.00 0.00 X 117631 0 15899 RICH MONTONI CHAIR 2.00 1.50 X X 0 0 0 GREG BARONI VICE CHAIR 0.10 0.00 X X 0 0 0 KEVIN PHILLIPS VICE CHAIR 0.10 0.00 X X 0 0 0 MATT SCHWARTZ TREASURER 0.10 0.00 X X 0 0 0 MARTA WILSON SECRETARY 0.10 0.00 X X 0 0 0 ALISA WHYTE PUBLIC RELATIONS ADVISOR 0.10 0.00 X X 0 0 0 MYLES LOURIA POLICY ADVISOR 0.10 0.00 X X 0 0 0 CRAIG CHASON GENERAL COUNSEL 0.10 0.00 X X 0 0 0 STEVE COOKER DIRECTOR 0.10 0.00 X 0 0 0 AMR ELSAWY DIRECTOR 0.10 0.00 X 0 0 0 DAVID SCHAEFER DIRECTOR 0.10 0.00 X 0 0 0 JEAN STACK DIRECTOR 0.10 0.00 X 0 0 0 MATT STROTTMAN DIRECTOR 0.10 0.00 X 0 0 0 JONATHAN ALGER DIRECTOR 0.10 0.00 X 0 0 0 CHRIS BALCIK DIRECTOR 0.10 0.00 X 0 0 0 IRMA BECERRA DIRECTOR 0.10 0.00 X 0 0 0 MATT CALKINS DIRECTOR 0.10 0.00 X 0 0 0 TERESA CARLSON DIRECTOR 0.10 0.00 X 0 0 0 BRUCE CASWELL DIRECTOR 0.10 0.00 X 0 0 0 USHA CHAUDHARY DIRECTOR 0.10 0.00 X 0 0 0 WALLACE CHRISTNER DIRECTOR 0.10 0.00 X 0 0 0 MIKE CONDRO DIRECTOR 0.10 0.00 X 0 0 0 TIM CONWAY DIRECTOR 0.10 0.00 X 0 0 0 MIKE CORKERY DIRECTOR 0.10 0.00 X 0 0 0 TONY CRESCENZO DIRECTOR 0.10 0.00 X 0 0 0 MAC CURTIS DIRECTOR 0.10 0.00 X 0 0 0 KAREN DAHUT DIRECTOR 0.10 0.00 X 0 0 0 MATT DESCH DIRECTOR 0.10 0.00 X 0 0 0 TINA DOLPH DIRECTOR 0.10 0.00 X 0 0 0 MARK ELLENBOGEN DIRECTOR 0.10 0.00 X 0 0 0 JERRY ERICKSON DIRECTOR 0.10 0.00 X 0 0 0 KATHRYN FALK DIRECTOR 0.10 0.00 X 0 0 0 TOM FARRELL DIRECTOR 0.10 0.00 X 0 0 0 CHAD FREDRICK DIRECTOR 0.10 0.00 X 0 0 0 BOB GENTER DIRECTOR 0.10 0.00 X 0 0 0 AMY GILLILAND DIRECTOR 0.10 0.00 X 0 0 0 JOHN GOODMAN DIRECTOR 0.10 0.00 X 0 0 0 TAG GREASON DIRECTOR 0.10 0.00 X 0 0 0 KIM HAYES DIRECTOR 0.10 0.00 X 0 0 0 ANNE HOLTON DIRECTOR 0.10 0.00 X 0 0 0 TIM HURLEBAUS DIRECTOR 0.10 0.00 X 0 0 0 JOEL KALLETT DIRECTOR 0.10 0.00 X 0 0 0 MICHELE KANG DIRECTOR 0.10 0.00 X 0 0 0 ANNE KRESS DIRECTOR 0.10 0.00 X 0 0 0 LORRAINE LAVET DIRECTOR 0.10 0.00 X 0 0 0 JAMES LEACH DIRECTOR 0.10 0.00 X 0 0 0 THOMAS LEBLANC DIRECTOR 0.10 0.00 X 0 0 0 BOBBY LENTZ DIRECTOR 0.10 0.00 X 0 0 0 PAUL LESLIE DIRECTOR 0.10 0.00 X 0 0 0 DAVID LINK DIRECTOR 0.10 0.00 X 0 0 0 MICHAEL MAIORANA DIRECTOR 0.10 0.00 X 0 0 0 SAM MANESS DIRECTOR 0.10 0.00 X 0 0 0 MIKE MATTESON DIRECTOR 0.10 0.00 X 0 0 0 TERRI MCCLEMENTS DIRECTOR 0.10 0.00 X 0 0 0 KURT NEWMAN DIRECTOR 0.10 0.00 X 0 0 0 PATTY OBERMAIER DIRECTOR 0.10 0.00 X 0 0 0 TIM OBRIEN DIRECTOR 0.10 0.00 X 0 0 0 DAN ONEILL DIRECTOR 0.10 0.00 X 0 0 0 TROY PAINO DIRECTOR 0.10 0.00 X 0 0 0 CAROLYN PARENT DIRECTOR 0.10 0.00 X 0 0 0 RICHARD PINEDA DIRECTOR 0.10 0.00 X 0 0 0 BRIAN ROACH DIRECTOR 0.10 0.00 X 0 0 0 KATHERINE ROWE DIRECTOR 0.10 0.00 X 0 0 0 JAMES RYAN DIRECTOR 0.10 0.00 X 0 0 0 ERICH SANCHACK DIRECTOR 0.10 0.00 X 0 0 0 TIMOTHY SANDS DIRECTOR 0.10 0.00 X 0 0 0 JAMES SCHENCK DIRECTOR 0.10 0.00 X 0 0 0 JENNIFER SICILIANO DIRECTOR 0.10 0.00 X 0 0 0 PETER SMITH DIRECTOR 0.10 0.00 X 0 0 0 JOHN WASSON DIRECTOR 0.10 0.00 X 0 0 0 JILL WEETER DIRECTOR 0.10 0.00 X 0 0 0 JEREMY WENSINGER DIRECTOR 0.10 0.00 X 0 0 0 JOHN WOOD DIRECTOR 0.10 0.00 X 0 0 0 DAVE ZOLET DIRECTOR 0.10 0.00 X 0 0 0 1380629 0 141580 8 0 1 0 0 MEETINGS & CONFERENCES 541900 1525417 835902 689515 BOARD FEES & STRATEGIC 541900 1122091 1122091 MEMBERSHIP DUES 541900 980802 980802 PUBLIC AFFAIRS 541900 31650 31650 3659960 5060 5060 BARTERING 541900 114722 114722 ADVERTISING 541800 38615 38615 MEMBER ADVANTAGE PROGR 541900 17331 17331 58078 58078 228746 3893766 2970445 38615 884706 X 699192 1151376 20516 64496 118031 29751 1126 404443 26572 73646 133041 77034 26683 273372 36616 25325 NEWSLETTER 7600 TECHTOPIA MAP PROJECT 5815 83091 3257726 157 157 222863 664547 312172 332754 123859 113403 248492 125598 26827 122894 337922 167266 1023800 1401021 373016 162471 618409 608764 38629 0 1030054 771235 X -367978 -63523 361724 693309 -6254 629786 1023800 1401021 636040 0 X X 0 1 X 1 0 0 0 1 980803 327376 134501 461877 339358 122519 248492 125598 122894 122894 X PART X, LINE 2: THE COUNCIL IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(6) OF THE INTERNAL REVENUE CODE (IRC) AND THE APPLICABLE PROVISIONS OF THE COMMONWEALTH OF VIRGINIA TAX REGULATIONS. HOWEVER, THE COUNCIL GENERATED TAXABLE UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2020 AND 2019, RELATED PRIMARILY TO ADVERTISING INCOME FROM ITS PUBLICATION AND ITS MEMBER ADVANTAGE PROGRAM. 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 BOBBIE KILBERG PRESIDENT & CEO 395978 0 0 0 0 0 8143 0 18915 0 423036 0 0 0 CHRISTINE KALLIVOKAS COO 261807 0 0 0 0 0 5455 0 19079 0 286341 0 0 0 YOLANDA LEE MANAG DIR MBSHP & BUSINESS 200449 0 0 0 0 0 4115 0 10497 0 215061 0 0 0 RANDY CISLER CONTROLLER 151457 0 0 0 0 0 3177 0 10679 0 165313 0 0 0 TARIN HORAN SR DIR PROGRAMS & EVENTS 123854 0 0 0 0 0 2373 0 34545 0 160772 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN, VICE-CHAIRMEN, 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, TO APPROVE THE VOLUNTARY DISSOLUTION OF NVTC OR TO AMEND THE BYLAWS 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 IN THE VA, MD, DC REGION. 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 PROVIDED TO THE BOD. 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 ACKNOWLEDGMENT IS SIGNED AND DATED BY THE ACTIVE BOARD MEMBER. AS MEMBERS ROTATE ON AND OF THE BOARD, NEW POLICY COPIES ARE ISSUED TO THE NEW MEMBERS AND KEPT ON FILE. THE ADMIN TO THE CEO 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. THE CONTRACT AND PERFORMANCE EVALUATION IS PERIODICALLY REVIEWED AND RENEGOTIATED WITH THE CURRENT CHAIRMAN OF THE NVTC BOARD OF DIRECTORS. THE CONTRACT WAS RENEGOTIATED AND SIGNED ON MARCH 1, 2012. THE LAST CHAIRMAN APPROVED CEO REVIEW WAS GIVEN MID JUNE 2019. 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 COMMITEE 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 COO DETERMINING 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 & 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. FORM 990, PART IX, LINE 11G CONSULTING 184,868. ADVERTISING 145,232. PAYROLL 16,243. OTHER SERVICES 58,100. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE FROM THE PRIOR YEAR. NORTHERN VIRGINIA TECHNOLOGY COUNCIL FOUNDATION 25050 RIDING PLAZA SUITE 130-804 CHANTILLY VA 20152 464090178 LESSEN UNEMPLOYMENT AMONG VETERANS OF THE UNITED STATES ARMED SERVICES VA 501(C)(3) LINE 7 NORTHERN VIRGINIA TECHNOLOGY COUNCIL 1 NVTC TECHPAC 25050 RIDING PLAZA SUITE 130-804 CHANTILLY VA 20152 260013593 POLITICAL ACTION COMMITTEE VA 527 NORTHERN VIRGINIA TECHNOLOGY COUNCIL 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 NORTHERN VIRGINA TECHNOLOGY COUNCIL FOUNDATION Q 180762 CASH