2017-05-01T18:41:15-05:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2015-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 7039047878 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 BOBBIE G KILBERG PRESIDENT & CEO 7039047878 2017-04-27 1 DAVID TRIMNER P00444822 5712279500 2017-04-27 2015 2021-01-29 14:40:06Z BOBBIE G KILBERG 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 3519861 0 X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. 63 62 27 62 151440 28337 1583759 1565656 2108420 1698904 564 3259 215608 252042 3908351 3519861 0 0 0 0 2477798 2450987 0 0 0 1724491 1636990 4202289 4087977 -293938 -568116 2187029 1563752 1003677 948767 1183352 614985 X NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) PROVIDES VALUE BY CONNECTING, GROWING, EDUCATING AND ADVOCATING FOR THE INNOVATIVE AND ENTREPRENEURIAL TECHNOLOGY COMMUNITY IN NORTHERN VIRGINIA AND THE GREATER REGION. 0 1 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, FALL BANQUET, 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 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. THE ENTREPRENEUR CENTER AT NVTC IS A RESOURCE HUB FOR TECHNOLOGY START UPS AND ENTREPRENEURS AT EVERY STAGE OF THEIR LIFECYCLE. THE ENTREPRENEUR CENTER FOSTERS ENTREPRENEURSHIP IN STUDENTS, MENTORS THE FIRST-TIME ENTREPRENEUR, ADVISES AND SUPPORTS THE EXPERIENCED ENTREPRENEUR, AND FACILITATES STRATEGIC BUSINESS RELATIONSHIPS IN THE TECHNOLOGY COMMUNITY. THE ENTREPRENEUR CENTER ASSISTS START UPS AND SMALL COMPANIES THROUGH A VARIETY OF EDUCATIONAL PROGRAMS, NETWORKING EVENTS, AND RESOURCES. THE CENTER CONTINUED A 10-WEEK ENTREPRENEUR TRAINING PROGRAM THAT COMES OUT OF THE KAUFFMAN FOUNDATION AND GRADUATED 21 INDIVIDUALS DURING THE YEAR. NETWORKING EVENTS THAT FOCUS ON TEAMING WITH PRIME CONTRACTORS, WORKING WITH THE GOVERNMENT, FINDING PARTNERS AND CUSTOMERS, AND LEARNING FROM SUCCESSFUL EXECUTIVES AND ENTREPRENEURS BROUGHT TOGETHER OVER 720 INDIVIDUALS FROM THE REGION'S TECHNOLOGY COMMUNITY. 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 28% OF OUR MEMBERSHIP DUES TO SUPPORT OUR LEGISLATIVE ADVOCACY EFFORTS. 2016 NVTC STATE LOBBYING AND LEGISLATIVE EFFORTS HELPED ACHIEVE SEVERAL INITIATIVES IN SUPPORT OF VIRGINIA'S TECHNOLOGY INDUSTRY INCLUDING : LEGISLATION THAT ESTABLISHED A NEW R&D TAX CREDIT FOR LARGE BUSINESSES AND INCREASED FUNDING ON THE CURRENT R&D TAX CREDIT FOR SMALL BUSINESSES. LEGISLATION EXTENDING VIRGINIA'S SALES TAX EXEMPTION FOR LARGE DATA CENTERS THROUGH 2035. LEGISLATION WHICH ESTABLISHED A 3 YEAR MORATORIUM TO PREVENT VIRGINIA LOCALITIES FROM REGULATING THE USE OF PRIVATELY OWNED UNMANNED AERIAL VEHICLES/SYSTEMS (UAVS/UAS). THE GO VIRGINIA INITIATIVE, WHICH IS FOCUSED ON CREATING ECONOMIC INCENTIVES FOR LOCALITIES AND REGIONS IN VIRGINIA TO COLLABORATE TOGETHER. LEGISLATION WHICH WILL HELP VIRGINIA UTILITIES MOVE FORWARD IN THE DEVELOPMENT OF SOLAR ENERGY IN THE COMMONWEALTH. LEGISLATION WHICH ESTABLISHED THE "NEW ECONOMY WORKFORCE CREDENTIALS GRANT FUND" WITH THE AIM OF FOCUSING THE ALIGNMENT OF WORKFORCE TRAINING PROGRAMS WITH THE NEEDS OF BUSINESS AND INDUSTRY. LEGISLATION THAT REQUIRES THE STANDARDS OF LEARNING ESTABLISHED BY VIRGINIA'S BOARD OF EDUCATION TO INCLUDE COMPUTER SCIENCE AND COMPUTATIONAL THINKING, INCLUDING COMPUTER CODING. BUDGET AMENDMENTS TO PROVIDE $500,000 IN ADDITIONAL FUNDING TO SUSTAIN AND GROW VIRGINIA'S MACH37 CYBERSECURITY ACCELERATOR. 0 1 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 27 1 1 1 0 0 0 0 0 X 63 62 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 X X 504365 0 27848 TODD STOTTLEMYER CHAIR 0.00 X X 0 0 0 RICHARD MONTONI FIRST VICE CHAIR 0.00 X X 0 0 0 ANNE ALTMAN SECOND VICE CHAIR 0.00 X X 0 0 0 ENRICO DELLA CORNA SECRETARY 0.00 X X 0 0 0 OSCAR OSORIO TREASURER 0.00 X X 0 0 0 CRAIG CHASON GENERAL COUNSEL 0.00 X X 0 0 0 DAVE GROOBERT PUBLIC RELATIONS ADVISOR 0.00 X 0 0 0 DAN ALLEN DIRECTOR 0.00 X 0 0 0 JOHN ALLEN DIRECTOR 0.00 X 0 0 0 GREG BARONI DIRECTOR 0.00 X 0 0 0 MIKE BRADSHAW DIRECTOR 0.00 X 0 0 0 EVAN BURFIELD DIRECTOR 0.00 X 0 0 0 ANGEL CABRERA DIRECTOR 0.00 X 0 0 0 TERESA CARLSON DIRECTOR 0.00 X 0 0 0 STEVE COOKER DIRECTOR 0.00 X 0 0 0 MICHAEL CORKERY DIRECTOR 0.00 X 0 0 0 MARILYN CROUTHER DIRECTOR 0.00 X 0 0 0 MAC CURTIS DIRECTOR 0.00 X 0 0 0 KAREN DAHUT DIRECTOR 0.00 X 0 0 0 CHRISTOPHER ELDREDGE DIRECTOR 0.00 X 0 0 0 AMR ELSAWY DIRECTOR 0.00 X 0 0 0 KATHRYN FALK DIRECTOR 0.00 X 0 0 0 TOM FARRELL DIRECTOR 0.00 X 0 0 0 PATRICK FINN DIRECTOR 0.00 X 0 0 0 NELSON FORD DIRECTOR 0.00 X 0 0 0 MIKE GOLDEN DIRECTOR 0.00 X 0 0 0 AL GRASSO DIRECTOR 0.00 X 0 0 0 JOHN HAGAN DIRECTOR 0.00 X 0 0 0 LINNIE HAYNESWORTH DIRECTOR 0.00 X 0 0 0 STEVE HILLS DIRECTOR 0.00 X 0 0 0 SCOTT HOMMER DIRECTOR 0.00 X 0 0 0 TIM HURLEBAUS DIRECTOR 0.00 X 0 0 0 BOB JOHNSON DIRECTOR 0.00 X 0 0 0 DAN JOHNSON DIRECTOR 0.00 X 0 0 0 JOEL KALLETT DIRECTOR 0.00 X 0 0 0 BRAD KING DIRECTOR 0.00 X 0 0 0 STEVEN KNAPP DIRECTOR 0.00 X 0 0 0 CURT KOLCUN DIRECTOR 0.00 X 0 0 0 WAYNE LUCERNONI DIRECTOR 0.00 X 0 0 0 MICHAEL MAIORANA DIRECTOR 0.00 X 0 0 0 SERGE MATTA DIRECTOR 0.00 X 0 0 0 VONYA MCCANN DIRECTOR 0.00 X 0 0 0 STACY MENDLER DIRECTOR 0.00 X 0 0 0 TONY MORACO DIRECTOR 0.00 X 0 0 0 BUDDY NICOSON DIRECTOR 0.00 X 0 0 0 PHIL NORTON DIRECTOR 0.00 X 0 0 0 ROB QUARTEL DIRECTOR 0.00 X 0 0 0 GEORGE QUINN DIRECTOR 0.00 X 0 0 0 SCOTT RALLS DIRECTOR 0.00 X 0 0 0 BRIAN ROACH DIRECTOR 0.00 X 0 0 0 TIMOTHY SANDS DIRECTOR 0.00 X 0 0 0 DAVID SCHAEFER DIRECTOR 0.00 X 0 0 0 BRAD SCHWARTZ DIRECTOR 0.00 X 0 0 0 MATTHEW SCHWARTZ DIRECTOR 0.00 X 0 0 0 JEAN STACK DIRECTOR 0.00 X 0 0 0 SEAN STONE DIRECTOR 0.00 X 0 0 0 MATT STROTTMAN DIRECTOR 0.00 X 0 0 0 TERESA SULLIVAN DIRECTOR 0.00 X 0 0 0 GARY TABACH DIRECTOR 0.00 X 0 0 0 MARTA WILSON DIRECTOR 0.00 X 0 0 0 JOHN WOOD DIRECTOR 0.00 X 0 0 0 DAVE ZOLET DIRECTOR 0.00 X 0 0 0 CHRISTINE KALLIVOKAS COO (ULTIM FINANCE RESPONSIBILITIES) 40.00 X 245119 0 27407 JOSH LEVI VICE PRESIDENT OF POLICY 40.00 X 192599 0 22995 RANDY CISLER CONTROLLER & HR ADMINISTRATOR 40.00 X 143626 0 18668 ALLISON GILMORE VP COMMUNICATIONS & STRATEGIC INITIATIVES 40.00 X 133543 0 11446 KRISTIN D'AMORE PRES. TEC & DIR OF STRATEGIC INITIATIVES 40.00 X 113326 0 29107 1332578 0 137471 6 0 1 0 0 1198473 367183 1565656 MEETINGS & CONFERENCES 541900 1543889 1035514 508375 PUBLIC AFFAIRS 541900 110725 110725 NVTC ENTREPRENEURSHIP 541900 44290 44290 1698904 3259 3259 ADVERTISING 541800 151440 151440 MEMBER ADVANTAGE PROGR 541900 31513 31513 69089 69089 252042 3519861 1190529 151440 612236 1002893 1212825 42821 56221 136227 742 29204 39529 103330 98403 135585 163633 113496 52926 688048 36908 20827 NEWSLETTER 64784 TECHTOPIA MAP PROJECT 51826 37749 4087977 157 155 132668 761927 280684 95847 90619 67571 390528 322377 66030 68151 1616871 570101 2187029 1563752 207137 173392 796540 775375 1003677 948767 X 720597 285738 462755 329247 1183352 614985 2187029 1563752 -568116 -250 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 1198472 328750 50312 379062 287633 91429 390528 322377 68151 68151 X PART X, LINE 2: 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 477627 0 26738 0 0 0 10600 0 17248 0 532213 0 0 0 CHRISTINE KALLIVOKAS COO (ULTIM FINANCE RESPONSIBILITIES) 245119 0 0 0 0 0 10180 0 17227 0 272526 0 0 0 JOSH LEVI VICE PRESIDENT OF POLICY 192599 0 0 0 0 0 7977 0 15018 0 215594 0 0 0 RANDY CISLER CONTROLLER & HR ADMINISTRATOR 143626 0 0 0 0 0 5921 0 12747 0 162294 0 0 0 FORM 990, PART III, LINE 3 DISBANDED THE ENTREPRENEUR CENTER APRIL 2016. MAY OPERATE AT A COMMITTEE LEVEL FUNCTION BUT NO LONGER A SPECIFIC PROGRAM. 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 COMPANY). 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 HAVE TO BE IN BUSINEESS 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 11 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. THE TREASURER MAY SHARE A COMPLETE COPY WITH 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. 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 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) PF NORTHERN VIRGINIA TECHNOLOGY COUNCIL 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 NORTHERN VIRGINA TECHNOLOGY COUNCIL FOUNDATION L 88594 CASH