2015-05-15T14:32:50-05:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2013-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 7039047878 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 BOBBIE G KILBERG PRESIDENT & CEO 7039047878 2015-05-14 1 DAVID TRIMNER P00444822 5712279500 2013 2016-04-25 22:37:26Z BOBBIE G KILBERG 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 4041644 0 X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. 62 61 24 59 171810 64512 1230739 1607872 1273809 2147425 4763 534 1436412 285813 3945723 4041644 0 0 0 0 2504341 2528994 0 0 0 1653249 1779773 4157590 4308767 -211867 -267123 2678095 2368781 933682 891491 1744413 1477290 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 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, 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. ENTREPRENEUR CENTER - 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 FOCUSED 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 27.6% OF OUR MEMBERSHIP DUES TO SUPPORT OUR LEGISLATIVE ADVOCACY EFFORTS. 2014 NVTC STATE LOBBYING AND LEGISLATIVE EFFORTS HELPED ACHIEVE: LEGISLATION TO STRENGTHEN VIRGINIAS R&D TAX CREDIT BY INCREASING THE STATUTORY CAP AND BUDGETARY FUNDING FROM $5 MILLION TO $6 MILLION AND INCREASING THE AMOUNT AVAILABLE PER COMPANY; LEGISLATION TO PROTECT VIRGINIA BUSINESSES TARGETED BY PATENT TROLLS WHO ABUSE THE PATENT SYSTEM BY EMPLOYING BAD FAITH ASSERTIONS OF PATENT INFRINGEMENT; LEGISLATION REQUIRING THE VIRGINIA NATIONAL GUARD TO ESTABLISH A PROGRAM UNDER WHICH THE DEPARTMENT OF MILITARY AFFAIRS WILL PROVIDE INFORMATION ABOUT THE MEMBER TO THE VIRGINIA EMPLOYMENT COMMISSION SO THAT IT CAN BE SHARED WITH EMPLOYERS IN THE BUSINESS COMMUNITY; LEGISLATION CREATING THE ENTREPRENEUR-IN-RESIDENCE PROGRAM, A PILOT PROGRAM ALLOWING THE SECRETARY OF COMMERCE AND TRADE TO APPOINT UP TO TEN ENTREPRENEURS PER YEAR TO SERVE AS ENTREPRENEURS-IN-RESIDENCE AT STATE AGENCIES TO IMPROVE OUTREACH BY STATE GOVERNMENT TO THE PRIVATE SECTOR; LEGISLATION WHICH PROVIDES MORE FLEXIBILITY TO SCHOOLS BY ALLOWING THEM TO CONSIDER COMPUTER SCIENCE COURSE CREDITS AS SCIENCE CREDITS IN ADDITION TO MATHEMATICS COURSE CREDITS OR CAREER AND TECHNICAL EDUCATION CREDIT; LEGISLATION TO ENHANCE VIRGINIA'S ONE STOP BUSINESS PERMITTING PORTAL TO EXPEDITE THE FULL INTEGRATION OF PROCESSES AND FORMS INTO THE BUSINESS PERMITTING CENTER ADMINISTERED BY VIRGINIAS DEPARTMENT OF BUSINESS ASSISTANCE. 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 9 0 24 1 1 1 0 0 0 0 0 X 62 61 0 0 0 0 1 1 0 1 1 0 0 1 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 507916 0 18037 SUDHAKAR KESAVAN CHAIR 2.00 X X 0 0 0 TODD STOTTLEMYER FIRST VICE CHAIR 2.00 X X 0 0 0 ANNE ALTMAN SECOND VICE CHAIR 2.00 X X 0 0 0 GEORGE QUINN TREASURER 2.00 X X 0 0 0 CRAIG CHASON GENERAL COUNSEL 2.00 X X 0 0 0 ENRICO DELLA CORNA SECRETARY 2.00 X X 0 0 0 EVAN WEISEL PUBLIC RELATIONS ADVISOR 2.00 X X 0 0 0 DR MAGID ABRAHAM DIRECTOR 2.00 X 0 0 0 JOHN ALLEN DIRECTOR 2.00 X 0 0 0 MIKE BRADSHAW DIRECTOR 2.00 X 0 0 0 JOHN BURTON DIRECTOR 2.00 X 0 0 0 DR ANGEL CABRERA DIRECTOR 2.00 X 0 0 0 MATT CALKINS DIRECTOR 2.00 X 0 0 0 TERESA CARLSON DIRECTOR 2.00 X 0 0 0 ED CASEY DIRECTOR 2.00 X 0 0 0 STEVE COOKER DIRECTOR 2.00 X 0 0 0 MICHAEL CORKERY DIRECTOR 2.00 X 0 0 0 MARILYN CROUTHER DIRECTOR 2.00 X 0 0 0 KAREN DAHUT DIRECTOR 2.00 X 0 0 0 TED DAVIES DIRECTOR 2.00 X 0 0 0 PATRICK FINN DIRECTOR 2.00 X 0 0 0 NELSON FORD DIRECTOR 2.00 X 0 0 0 MIKE GOLDEN DIRECTOR 2.00 X 0 0 0 AL GRASSO DIRECTOR 2.00 X 0 0 0 DAVE GROOBERT DIRECTOR 2.00 X 0 0 0 JOHN HAGAN DIRECTOR 2.00 X 0 0 0 LINNIE HAYNESWORTH DIRECTOR 2.00 X 0 0 0 STEVE HILLS DIRECTOR 2.00 X 0 0 0 BOB JOHNSON DIRECTOR 2.00 X 0 0 0 DANIEL JOHNSON DIRECTOR 2.00 X 0 0 0 DR RAY JOHNSON DIRECTOR 2.00 X 0 0 0 JOEL KALLETT DIRECTOR 2.00 X 0 0 0 DR STEVEN KNAPP DIRECTOR 2.00 X 0 0 0 CURT KOLCUN DIRECTOR 2.00 X 0 0 0 DR JACK LONDON DIRECTOR 2.00 X 0 0 0 WAYNE LUCERNONI DIRECTOR 2.00 X 0 0 0 MICHAEL MAIORANA DIRECTOR 2.00 X 0 0 0 STACY MENDLER DIRECTOR 2.00 X 0 0 0 RICHARD MONTONI DIRECTOR 2.00 X 0 0 0 TONY MORACO DIRECTOR 2.00 X 0 0 0 JENNIFER MORGAN DIRECTOR 2.00 X 0 0 0 J D MYERS II DIRECTOR 2.00 X 0 0 0 PHIL NORTON DIRECTOR 2.00 X 0 0 0 OSCAR OSORIO DIRECTOR 2.00 X 0 0 0 ROB QUARTEL DIRECTOR 2.00 X 0 0 0 DAVID SCHAEFER DIRECTOR 2.00 X 0 0 0 MATTHEW SCHWARTZ DIRECTOR 2.00 X 0 0 0 JEAN STACK DIRECTOR 2.00 X 0 0 0 DR CHARLES STEGER DIRECTOR 2.00 X 0 0 0 PETE STEVENSON DIRECTOR 2.00 X 0 0 0 SEAN STONE DIRECTOR 2.00 X 0 0 0 DR TERESA SULLIVAN DIRECTOR 2.00 X 0 0 0 GARY TABACH DIRECTOR 2.00 X 0 0 0 DR ROBERT TEMPLIN DIRECTOR 2.00 X 0 0 0 DR MARTA WILSON DIRECTOR 2.00 X 0 0 0 JOHN WOOD DIRECTOR 2.00 X 0 0 0 DAVID W ZOLET DIRECTOR 2.00 X 0 0 0 SCOTT HOMMER DIRECTOR 2.00 X 0 0 0 RAJ NARASIMHAN DIRECTOR 2.00 X 0 0 0 GEORGE SCHINDLER DIRECTOR 2.00 X 0 0 0 BRAD SCHWARTZ DIRECTOR 2.00 X 0 0 0 CHRISTINE KALLIVOKAS COO 40.00 X 222100 0 18083 JOSH LEVI VP PUBLIC POLICY 40.00 X 174410 0 15354 MICHELE WEATHERLY MANAGING DIRECTOR OF MEMBERSHIP & BUSINESS DEV. 40.00 X 190180 0 7356 RANDY CISLER CONTROLLER & HR ADMINISTRATOR 40.00 X 132037 0 13977 ALLISON GILMORE VP COMMUNICATIONS & STRATEGIC INITIATIVES 40.00 X 113767 0 5134 KRISTIN D'AMORE PRESIDENT TEC & DIRECTOR OF STRATEGIC INITIATIVES 40.00 X 100044 0 12480 1440454 0 90421 7 0 1 0 0 1185589 422283 1607872 MEETINGS & CONFERENCES 541900 1976029 1123490 852539 PUBLIC AFFAIRS 541900 102415 102415 NVTC ENTREPRENEURSHIP 541900 68981 68981 2147425 534 534 5168 0 5168 5168 5168 ADVERTISING 541800 171810 171810 MEMBER ADVANTAGE PROGR 541900 69867 69867 38968 38968 280645 4041644 1294886 171810 967076 976668 1318644 25762 67792 140128 11662 42652 37045 68704 74333 148663 138230 103680 58572 860121 24224 15894 NEWSLETTER 67582 TECHTOPIA MAP PROJECT 36774 91637 4308767 157 157 89707 434998 437607 212971 101075 85307 418188 399181 33666 19007 2015883 1616341 2678095 2368781 236163 189950 697519 701541 933682 891491 X 1278038 1033157 466375 444133 1744413 1477290 2678095 2368781 -267123 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 1185591 326803 275 327078 326749 329 418188 399181 19007 19007 X 4335416 161172 132600 293772 4041644 0 4041644 4619039 161172 149100 310272 4308767 0 4308767 PART X, LINE 2: THE COUNCIL HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY WAS RECOGNIZED BY THE COUNCIL AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. THE COUNCIL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2011 TO 2013 ARE OPEN TO EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: TECHPAC REVENUE 132,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: PAC DISBURSED FUNDS 149,100. X X X 0 0 0 BOBBIE KILBERG PRESIDENT & CEO 438916 0 69000 0 0 0 10200 0 7837 0 525953 0 0 0 CHRISTINE KALLIVOKAS COO 222100 0 0 0 0 0 9233 0 8850 0 240183 0 0 0 JOSH LEVI VP PUBLIC POLICY 174410 0 0 0 0 0 7236 0 8118 0 189764 0 0 0 MICHELE WEATHERLY MANAGING DIRECTOR OF MEMBERSHIP & BU 190180 0 0 0 0 0 6550 0 806 0 197536 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, INCLUDING THE POWER TO AUTHORIZE THE SEAL OF NVTC TO BE AFFIXED TO ALL PAPERS THAT MAY REQUIRE IT, 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 FIVE CLASSES OF MEMBERS, WHICH SHALL BE DESIGNATED CLASS I MEMBERS, CLASS II MEMBERS, CLASS III MEMBERS, CLASS IV 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. 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. A COMPLETE COPY IS PROVIDED TO 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 BY 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 FORMS 1023, 990 AND 990-T, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND 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 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0