2020-07-15T09:56:05-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY ST SUITE 1400 FORT WORTH TX 76102 990 2018-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 7039047878 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 BOBBIE KILBERG COO 7039047878 2020-07-15 1 MICHAELA J CROMAR CPA P00895728 8178775000 2020-07-14 66.102.239.10 2020-07-15 09:54:11 ED P 1938324BD4D887D076751857843371B82258E98C 87826B80F82B7742AC94E6ED7EC5993094E974B0 2018 2021-09-10 13:11:23Z CHRISTINE KALLIVOKAS 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 3683569 0 X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. 69 68 22 79 107673 20678 1668639 0 2268378 3455572 7413 8728 263363 219269 4207793 3683569 0 0 0 0 2671951 2509181 0 0 0 1793901 1272131 4465852 3781312 -258059 -97743 1135127 1023800 1043638 1030054 91489 -6254 X NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) IS THE REGIONAL VOICE OF TECHNOLOGY, REPRESENTING A DIVERSE AND THRIVING TECHNOLOGY ECOSYSTEM, PROMOTING INNOVATION, AND CONVENING, EDUCATING, AND ADVOCATING FOR THE REGION'S TECHNOLOGY COMMUNITY. 0 0 EVENTS, PROGRAM AND MEMBER SERVICES - NVTC HAD WELL OVER 100 MEETINGS AND EVENTS RANGING FROM THE COMMITTEE LEVEL WITH ATTENDANCE FOR TARGETED AREAS OF INDUSTRY OR INTEREST GROUPS TO THE FULL MEMBERSHIP EVENT SERIES OR SIGNATURE BANQUETS INCLUDING ANNUAL CFO AWARDS, TECH 100 AWARDS, THREE INDUSTRY SUMMITS, AND TITAN'S SERIES. THE NUMBER OF REGISTRANTS RANGE FROM 20 TO NEARLY 800. THE SUCCESS IS DUE TO OBTAINING VERY HIGH LEVEL INDUSTRY SPEAKERS CREATING SIGNIFICANT TICKET AND SPONSORSHIP SALES FOR THESE ANNUAL EVENTS. MEMBER INSURANCE, HEALTH, AND 401K PROGRAMS PROVIDE ACCESSIBLE RESOURCES TO OUR MEMBERS, AS WELL AS DISCOUNTED SERVICES AND PRODUCTS. OUR MEMBERS RECEIVE A QUARTERLY INDUSTRY PUBLICATION PRODUCED BY NVTC, WHICH ASSISTS IN BRANDING OUR REGION AS A TECHNOLOGY HUB. NVTC'S QUARTERLY PUBLICATION SWITCHED TO A 100% ONLINE PUBLICATION. NVTC'S AGGRESSIVE STATE LOBBYING AND LEGISLATIVE ACTIVITIES ASSIST IN SUPPORTING OUR MEMBER'S INTERESTS. OUR MANY EVENTS PROVIDE IMMEASURABLE NETWORKING OPPORTUNITIES. REVENUE FROM OUR EVENTS AND PROGRAMS GENERATED APPROXIMATELY 50% OF TOTAL INCOME. PUBLIC POLICY - NVTC'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DEVELOPING OUR ORGANIZATION'S ANNUAL LEGISLATIVE AGENDA. THE LEGISLATIVE AGENDA IS SUPPORTED THROUGH LOBBYING EFFORTS BY NVTC STAFF AND AN EXTERNAL CONSULTANT. WE INCORPORATE TARGETED EVENTS, MEETINGS, AND PROGRAMS TO FULFILL OUR PUBLIC POLICY AND LEGISLATIVE EFFORTS. WE CURRENTLY UTILIZE APPROXIMATELY 32% OF OUR MEMBERSHIP DUES TO SUPPORT OUR LEGISLATIVE ADVOCACY EFFORTS. 2019 NVTC STATE LOBBYING AND LEGISLATIVE EFFORTS HELPED ACHIEVE SEVERAL INITIATIVES IN SUPPORT OF VIRGINIA'S TECHNOLOGY INDUSTRY INCLUDING: LEGISLATION TO CREATE THE MAJOR HEADQUARTERS WORKFORCE GRANT FUND TO PROVIDE THE INCENTIVE PACKAGE TO SUPPORT AMAZON'S MAJOR NEW CORPORATE HEADQUARTERS IN NATIONAL LANDING ($2.5 BILLION INVESTMENT, 25,000+ NEW JOBS). LEGISLATION TO CREATE THE SEMICONDUCTOR MANUFACTURING GRANT FUND TO PROVIDE INCENTIVE GRANTS TO SUPPORT MICRON'S $3 BILLION EXPANSION IN MANASSAS. LEGISLATION WHICH CONFORMS VIRGINIA'S TAX CODE TO THE FEDERAL TAX CUTS AND JOBS ACT (TCJA). LEGISLATION AIMED AT LIMITING LIABILITY IN MAJOR IT CONTRACTS TO 2X THE VALUE OF THE CONTRACT. NVTC SUCCESSFULLY OPPOSED LEGISLATION WHICH WOULD HAVE REQUIRED THE ORIGINAL EQUIPMENT MANUFACTURER (OEM) OF DIGITAL ELECTRONIC EQUIPMENT TO MAKE AVAILABLE TO INDEPENDENT REPAIR PROVIDERS AND ANY OWNER OF EQUIPMENT THE SAME DIAGNOSTIC, SCHEMATICS, ACCESS TO PARTS AND REPAIR INFORMATION THE OEM MAKES AVAILABLE TO ITS AUTHORIZED REPAIR PROVIDERS. NVTC SUCCESSFULLY OPPOSED LEGISLATION THAT WOULD HAVE REQUIRED EVERY MANUFACTURER OF A DEVICE SOLD IN VIRGINIA THAT IS CAPABLE OF CONNECTING TO THE INTERNET TO FILE AN ANNUAL REPORT WITH VIRGINIA'S CHIEF INFORMATION OFFICER (CIO) PROVING THEIR COMPLIANCE WITH WHATEVER CURRENT SECURITY STANDARDS ARE AT THE TIME OF THE FILING. NVTC SUCCESSFULLY OPPOSED LEGISLATION WHICH WOULD HAVE ADVANCED THE SUNSET DATE OF THE REAL PROPERTY TAX EXEMPTION FOR SOLAR PROJECTS GREATER THAN 20 MEGAWATTS FROM 2024 TO 2020. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 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 15 0 22 1 1 1 0 0 0 0 0 0 0 X 69 68 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X RANDY CISLER 7039047878 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 BOBBIE KILBERG PRESIDENT & CEO 40.00 1.50 X X 444515 0 27882 RICHARD MONTONI CHAIR 2.00 1.50 X X 0 0 0 GREG BARONI VICE CHAIR 0.10 0.00 X X 0 0 0 MARTA WILSON SECRETARY 0.10 0.00 X X 0 0 0 MATTHEW SCHWARTZ TREASURER 0.10 0.00 X X 0 0 0 CRAIG E CHASON GENERAL COUNSEL 0.10 0.00 X X 0 0 0 ALISA VALUDES WHYTE PUBLIC RELATIONS ADVISER 0.10 0.00 X X 0 0 0 JONATHAN ALGER DIRECTOR 0.10 0.00 X 0 0 0 CHRISTOPHER BALCIK DIRECTOR 0.10 0.00 X 0 0 0 IRMA BECERRA DIRECTOR 0.10 0.00 X 0 0 0 ANGEL CABRERA DIRECTOR 0.10 0.00 X 0 0 0 MATTHEW 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 ANDREW CLEMENTS DIRECTOR 0.10 0.00 X 0 0 0 TIM CONWAY DIRECTOR 0.10 0.00 X 0 0 0 STEVE COOKER DIRECTOR 0.10 1.00 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 M DAHUT DIRECTOR 0.10 0.00 X 0 0 0 MATTHEW J DESCH DIRECTOR 0.10 0.00 X 0 0 0 MARK ELLENBOGEN DIRECTOR 0.10 0.00 X 0 0 0 AMR ELSAWY DIRECTOR 0.10 0.00 X 0 0 0 KATHRYN FALK DIRECTOR 0.10 1.00 X 0 0 0 THOMAS FARRELL DIRECTOR 0.10 0.00 X 0 0 0 CHAD J FREDRICK 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 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 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 G 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 MICHAEL MATTESON DIRECTOR 0.10 0.00 X 0 0 0 TERRI MCCLEMENTS DIRECTOR 0.10 0.00 X 0 0 0 TONY MORACO DIRECTOR 0.10 0.00 X 0 0 0 TIM O'BRIEN DIRECTOR 0.10 0.00 X 0 0 0 DAN O'NEILL 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 STEVE PARTRIDGE DIRECTOR 0.10 0.00 X 0 0 0 KEVIN PHILLIPS 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 JAMES E RYAN DIRECTOR 0.10 0.00 X 0 0 0 ERICH SANCHACK DIRECTOR 0.10 0.00 X 0 0 0 TIMOTHY D SANDS DIRECTOR 0.10 0.00 X 0 0 0 DAVID L SCHAEFER DIRECTOR 0.10 0.00 X 0 0 0 JAMES SCHENCK DIRECTOR 0.10 0.00 X 0 0 0 STU SHEA 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 JEAN STACK DIRECTOR 0.10 0.00 X 0 0 0 MATTHEW STROTTMAN DIRECTOR 0.10 0.00 X 0 0 0 TONI TOWNES-WHITLEY 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 JOHN B WOOD DIRECTOR 0.10 0.00 X 0 0 0 DAVE W ZOLET DIRECTOR 0.10 0.00 X 0 0 0 AILEEN BLACK DIRECTOR 0.10 0.00 X 0 0 0 WALLACE CHRISTNER DIRECTOR 0.10 0.00 X 0 0 0 DAVID DACQUINO DIRECTOR 0.10 0.00 X 0 0 0 TINA DOLPH DIRECTOR 0.10 0.00 X 0 0 0 JOHN HAGAN DIRECTOR 0.10 0.00 X 0 0 0 LENNIE HAYNESWORTH DIRECTOR 0.10 0.00 X 0 0 0 SCOTT HOMMER DIRECTOR 0.10 0.00 X 0 0 0 BARBARA HUMPTON DIRECTOR 0.10 0.00 X 0 0 0 MARK KEELER DIRECTOR 0.10 0.00 X 0 0 0 ROGER KRONE DIRECTOR 0.10 0.00 X 0 0 0 ROBIN LINEBERGER DIRECTOR 0.10 0.00 X 0 0 0 JOSEPH MARTORE DIRECTOR 0.10 0.00 X 0 0 0 JASON PROVIDAKES DIRECTOR 0.10 0.00 X 0 0 0 SCOTT RALLS DIRECTOR 0.10 0.00 X 0 0 0 GAIL THOMAS DIRECTOR 0.10 0.00 X 0 0 0 CHRISTINE KALLIVOKAS COO 40.00 0.50 X 268672 0 27000 JOSH LEVI VICE PRESIDENT OF POLICY 40.00 0.00 X 221546 0 21275 YOLANDA LEE MANAG DIR MBSHP & BUSINESS 40.00 0.00 X 243943 0 16233 RANDY CISLER CONTROLLER 40.00 0.00 X 157769 0 18667 ALLISON GILMORE VP COMMUNICATIONS & STRATE 40.00 0.50 X 150949 0 5566 SANDRA HENDERSON IT MANAGER & WEB MASTER 40.00 0.00 X 113706 0 19808 1601100 0 136431 7 0 1 0 RITZ CARLTON TYSONS CORNER 1700 TYSONS BLVD MCLEAN VA 22102 HOTEL PROGRAM SVCS 349551 1 MEETINGS & CONFERENCES 541900 1751698 1048226 703472 MEMBERSHIP DUES 541900 1054166 1054166 BOARD FEES & STRATEGIC 541900 620986 620986 PUBLIC AFFAIRS 541900 28722 28722 3455572 8728 8728 ADVERTISING 541800 107673 107673 BARTERING 541900 78313 78313 MEMBER ADVANTAGE PROGR 541900 23533 23533 9750 9750 219269 3683569 2752100 107673 823796 1010893 1358723 13540 126025 30620 52064 239792 67630 102333 135947 113492 41125 567464 20165 22343 NEWSLETTER 15655 TECHTOPIA MAP PROJECT 13073 -149572 3781312 157 157 347230 222863 326893 312172 85497 123859 433098 406271 44886 26827 330464 337922 1135127 1023800 294272 373016 704524 618409 44842 38629 1043638 1030054 X -333391 -367978 424880 361724 91489 -6254 1135127 1023800 -97743 0 X 0 1 X 1 0 0 0 0 0 1 1054165 364231 134501 498732 364231 134501 433098 406271 26827 26827 CAPITAL LEASE OBLIGATION 18419 DEFERRED RENT LIABILITY 20210 38629 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, 2019 AND 2018, 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 444515 0 0 0 0 0 10800 0 17082 0 472397 0 0 0 CHRISTINE KALLIVOKAS COO 268672 0 0 0 0 0 8482 0 18518 0 295672 0 0 0 JOSH LEVI VICE PRESIDENT OF POLICY 221546 0 0 0 0 0 6870 0 14405 0 242821 0 0 0 YOLANDA LEE MANAG DIR MBSHP & BUSINESS 243943 0 0 0 0 0 6934 0 9299 0 260176 0 0 0 RANDY CISLER CONTROLLER 157769 0 0 0 0 0 4966 0 13701 0 176436 0 0 0 ALLISON GILMORE VP COMMUNICATIONS & STRATE 150949 0 0 0 0 0 4528 0 1038 0 156515 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 REVIEWS THE FORM 990 PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM. ANY QUESTIONS ARE ADDRESSED AND RESOLVED. THE COO (OR THE CONTROLLER AND HR ADMINISTRATOR) THEN REVIEWS THE RETURN WITH THE NVTC TREASURER PRIOR TO ITS SIGNING BY THE PRESIDENT AND CEO OR THE TREASURER AND FILING. A COMPLETE COPY IS PROVIDED TO THE TREASURER OF THE GOVERNING BODY BEFORE 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 2018. 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 JANUARY 2012. 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. NORTHERN VIRGINIA TECHNOLOGY COUNCIL FOUNDATION 2214 ROCK HILL ROAD SUITE 300 HERNDON VA 20170 464090178 LESSEN UNEMPLOYMENT AMONG VETERANS OF THE UNITED STATES ARMED SERVICES VA 501(C)(3) LINE 7 NORTHERN VIRGINIA TECHNOLOGY COUNCIL 1 NVTC TECHPAC 2214 ROCK HILL ROAD SUITE 300 HERNDON VA 20170 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 197428 CASH NVTC TECHPAC P 156951 CASH