NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC (EIN 62-1471948)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201411359349306856
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T14:07:20-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 N FAIRFAX DRIVE SUITE 1020 | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 22203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621471948 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 7039047878 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL ROAD NO 300 | AddressLine1 |
| City | HERNDON | City |
| State | VA | State |
| ZIP Code | 20170 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BOBBIE G KILBERG | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 7039047878 | Phone |
| Date Signed | 2014-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN GRIES | Name |
| PTIN | P00078514 | PTIN |
| Phone | 5712279500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BOBBIE G KILBERG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL ROAD NO 300 | AddressLine1 |
| City | HERNDON | City |
| State | VA | State |
| ZIP Code | 20170 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3945723 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NVTC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1991 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 59 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 58 | NbrIndependentVotingMembers |
| Total Nbr Employees | 29 | TotalNbrEmployees |
| Total Nbr Volunteers | 58 | TotalNbrVolunteers |
| Total Gross UBI | 156366 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 42788 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1230739 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3564581 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1273809 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8480 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4763 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 609082 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1436412 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4182143 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3945723 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2497526 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2504341 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1639663 | OtherExpensePriorYear |
| Other Expenses Current Year | 1653249 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4137189 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4157590 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 44954 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -211867 | RevenuesLessExpensesCY |
| Total Assets BOY | 2889042 | TotalAssetsBOY |
| Total Assets EOY | 2678095 | TotalAssetsEOY |
| Total Liabilities BOY | 919333 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 933682 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1969709 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1744413 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | 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 ASSIT 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 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 22 INDIVIDUALS DURING THIS YEAR. THE CENTER NOW PROVIDES EDUCATIONAL PROGRAMS FOR POTENTIAL INVESTORS IN THE COMMUNITY. NETWORKING EVENTS THAT FOCUSED ON TEAMING WITH PRIME CONTRACTORS, WORKING WITH THE GOVERNMENT, FINDING PARTNERS AND CUSTOMERS, AND HONORING LEADERS IN THE ENTREPRENEUR COMMUNITY BROUGHT TOGETHER OVER 950 INDIVIDUALS FROM THE REGION'S TECHNOLOGY COMMUNITY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PUBLIC POLICY - "NVTC'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE RESEARCH FOR DEVELOPING OF OUR ORGANIZATION'S ANNUAL LEGISLATIVE AGENDA. THE 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 24% OF OUR MEMBERSHIP DUES TO SUPPORT OUR LEGISLATIVE ADVOCACY SUCCESSES. 2013 NVTC STATE LOBBYING AND LEGISLATIVE EFFORTS HELPED ACHIEVE: LEGISLATION TO ENHANCE VIRGINIA'S STATEWIDE COMPETITIVENESS IN ATTRACTING DATA CENTER JOBS AND INVESTMENT BY EXPANDING VIRGINIA'S CURRENT DATA CENTER SALES TAX EXEMPTION TO ALSO INCLUDE DATA CENTER TENANTS. LEGISLATION EXTENDING VIRGINIA'S CAPITAL GAINS EXEMPTION FOR INVESTORS IN TECHNOLOGY STARTUPS THROUGH JUNE 30, 2015.LEGISLATION EXTENDING THE TELEWORK TAX CREDIT FOR EMPLOYERS THROUGH DECEMBER 31, 2016. WASHINGTON AIRPORTS AUTHORITY (MWAA) BOARD LEGISLATION PROVIDING VIRGINIA GREATER REPRESENTATION ON THE METROPOLITAN WASHINGTON AIRPORTS AUTHORITY (MWAA) BOARD, IN LINE WITH RECENTLY ENACTED FEDERAL LEGISLATION. LEGISLATION EXPANDING THE BOARD OF DIRECTORS FOR THE VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP (VEDP) BY ADDING THE SECRETARY OF AGRICULTURE AND FORESTRY AND THE SECRETARY OF TECHNOLOGY AS VOTING MEMBERS.LEGISLATION INSTITUTING BOARD AND GOVERNANCE REFORMS FOR THE VIRGINIA COMMERCIAL SPACE FLIGHT AUTHORITY AND PROVIDING A MECHANISM FOR FUNDING IMPROVEMENTS THROUGH THE VIRGINIA TRANSPORTATION TRUST FUND. $16 MILLION IN NEW FUNDING OVER TWO YEARS FOR THE COMMONWEALTH RESEARCH COMMERCIALIZATION FUND (CRCF) TO FACILITATE GROWTH AND DEVELOPMENT OF THE TECHNOLOGY INDUSTRY IN THE COMMONWEALTH, ACCELERATE ENTRANCE OF NEW PRODUCTS AND SERVICES TO THE MARKET, INCENTIVIZE COLLABORATION BETWEEN INSTITUTIONS OF HIGHER EDUCATION AND COMPANIES ENGAGED IN RESEARCH IN HIGH-GROWTH, EMERGING INDUSTRIES, MATCH FEDERAL SBIR GRANTS FOR VIRGINIA COMPANIES AND INVEST THROUGH THE CIT GAP FUNDS IN SEED-STAGE FIRMS AND UNIVERSITY SPIN-OUTS WITH A HIGH POTENTIAL FOR SUCCESSFUL COMMERCIALIZATION, RAPID GROWTH AND DOWNSTREAM PRIVATE EQUITY FINANCING. $5 MILLION IN ANNUAL FUNDING FOR VIRGINIA'S REFUNDABLE RESEARCH AND DEVELOPMENT (R&D) TAX CREDIT. INCREASING THE ANNUAL CAP TO $4 MILLION IN FUNDING TO SUPPORT VIRGINIA'S ANGEL INVESTOR TAX CREDIT TO ENCOURAGE CONTINUED INVESTMENT IN EARLY-STAGE TECHNOLOGY STARTUPS IN THE COMMONWEALTH. $2 MILLION IN NEW FUNDING OVER THE NEXT TWO YEARS TO LAUNCH NEW CYBERSECURITY AND MODELING AND SIMULATION INITIATIVES TO BUILD UPON EXISTING INITIATIVES BY FOSTERING INNOVATIVE PARTNERSHIPS IN VIRGINIA, LEVERAGING UNIVERSITY AND INDUSTRY RESOURCES, AND ALIGNING ASSETS WITH EMERGING AND EXPANDING OUTREACH ACTIVITIES. TOGETHER, THESE TWO INITIATIVES WILL PROVIDE A FOCUSED EFFORT ON FURTHER GROWING VIRGINIA JOBS AND INVESTMENT IN THESE INDUSTRY SECTORS. $3 MILLION OVER TWO YEARS FOR AN IT ACADEMY TO HELP GROW VIRGINIA'S SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) WORKFORCE THROUGH A FORMAL ONLINE CURRICULUM THAT PREPARES STUDENTS TO PASS MICROSOFT INDUSTRY CERTIFICATION EXAMS. THROUGH A STATEWIDE AGREEMENT, THIS CURRICULUM HAS BEEN MADE AVAILABLE TO EVERY HIGH SCHOOL STUDENT, THEIR PARENTS AND ALL HIGH SCHOOL FACULTY AND STAFF. $1 MILLION IN FUNDING OVER TWO YEARS TO EXPAND THE NORTHERN VIRGINIA COMMUNITY COLLEGE'S SYSTEMIC SOLUTIONS WORKFORCE PROGRAM BEYOND PRINCE WILLIAM COUNTY/MANASSAS TO INCLUDE FAIRFAX, LOUDOUN, ARLINGTON AND ALEXANDRIA. SYSTEMIC SOLUTIONS IS A COLLABORATIVE ARRANGEMENT AMONG SCHOOL DIVISIONS, HIGHER EDUCATION INSTITUTIONS AND EMPLOYERS TO DEVELOP A SUSTAINABLE STEM WORKFORCE PIPELINE." | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 12 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 29 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 59 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 58 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7039047878 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL ROAD NO 300 | AddressLine1 |
| City | HERNDON | City |
| State | VA | State |
| ZIP Code | 20170 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (64 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| BOBBIE KILBERG | ||||||||
| PRESIDENT & CEO | 40.00 | X | X | 472611 | 0 | 42963 | ||
| BRAD ANTLE | ||||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| SUDHAKAR KESAVAN | ||||||||
| FIRST VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| TODD STOTTLEMYER | ||||||||
| SECOND VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| ROBIN LINEBERGER | ||||||||
| 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 | |||
| ANNE ALTMAN | ||||||||
| 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 | |||
| 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 | |||
| 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 | |||
| 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 | |||
| SCOTT HOMMER | ||||||||
| 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 | |||
| CURT KOLCUN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| 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 | |||
| RAJ NARASIMHAN | ||||||||
| 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 | |||
| GEORGE E QUINN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| DAVID SCHAEFER | ||||||||
| 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 | |||
| MATTHEW SCHWARTZ | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| KIM SHANAHAN | ||||||||
| 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 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 | |||
| RANDY CISLER | ||||||||
| CONTROLLER & H/R ADMIN | 40.00 | X | 128482 | 0 | 5261 | |||
| CHRISTINE KALLIVOKAS | ||||||||
| COO | 40.00 | 213833 | 0 | 8998 | X | |||
| JOSH LEVI | ||||||||
| VP PUBLIC POLICY | 40.00 | 168901 | 0 | 7077 | X | |||
| MICHELE WEATHERLY | ||||||||
| DIR MEMBER DEVELOPMENT | 40.00 | 173627 | 0 | 6962 | X | |||
| ALLISON GILMORE | ||||||||
| DIRECTOR OF COMMUNICATIONS & PR | 40.00 | 102642 | 0 | 4106 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1260096 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 75367 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 1230739 | MembershipDues |
| Total Contributions | 1230739 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MEETINGS & CONFERENCES | 541900 | 1052145 | 1052145 |
| PUBLIC AFFAIRS | 541900 | 132670 | 132670 |
| NVTC ENTREPRENEURSHIP CENTER | 541900 | 88994 | 88994 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1273809 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4763 | TotalRevenueColumn |
| Exclusion | $4,763 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| PARTNERS AND TITANS | 541900 | 839267 | $839,267 | |
| ANNUAL BOARD FEES | 541900 | 294982 | $294,982 | |
| ADVERTISING | 541800 | 156366 | 156366 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 145797 | TotalRevenueColumn |
| Exclusion | $145,797 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1436412 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3945723 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1273809 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 156366 | UnrelatedBusinessRevenue |
| Exclusion | $1,284,809 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1094541 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1160957 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29456 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85371 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134016 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -3203 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10686 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36828 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37763 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70435 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137570 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137056 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103680 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54676 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 834283 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61196 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16530 | Total |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| NEWSLETTER | 66970 |
| MISCELLANEOUS | 44640 |
| TECHTOPIA MAP PROJECT | 44139 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4157590 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 157 | BOY |
| EOY | 157 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 234828 | BOY |
| EOY | 89707 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 475855 | BOY |
| EOY | 437607 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84087 | BOY |
| EOY | 101075 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 443457 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 409791 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82226 | BOY |
| EOY | 33666 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2011889 | BOY |
| EOY | 2015883 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2889042 | BOY |
| EOY | 2678095 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 226982 | BOY |
| EOY | 236163 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 692351 | BOY |
| EOY | 697519 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 919333 | BOY |
| EOY | 933682 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1503558 | BOY |
| EOY | 1278038 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 466151 | BOY |
| EOY | 466375 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1969709 | BOY |
| EOY | 1744413 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2889042 | BOY |
| EOY | 2678095 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -211867 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -2282 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | -11147 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 1 | AgreeToCarryoverPriorYear |
| Dues Assessments | 1261966 | DuesAssessments |
| Non Ded Lobby Political Current | 302872 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 302872 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 302597 | AggrAmtReportedInDuesNotices |
| Amount To Be Carried Over | 275 | AmountToBeCarriedOver |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 443457 | OtherCostOrOtherBasis |
| Depreciation | 409791 | Depreciation |
| Book Value | 33666 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33666 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 4718083 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2282 | NetUnrealizedGainsInvestments |
| Other Revenues | 774642 | OtherRevenues |
| Revenue Not Rptd F990 | 772360 | RevenueNotRptdF990 |
| Revenue Subtotal | 3945723 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3945723 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4912482 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 754892 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 754892 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4157590 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4157590 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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 2010 TO 2012 ARE OPEN TO EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DONATED LEGAL SERVICES 599,142. TECHPAC REVENUE 175,500. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DONATED LEGAL SERVICES 599,142. PAC DISBURSED FUNDS 155,750. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BOBBIE KILBERG | ||||||||||||||
| PRESIDENT & CEO | 436561 | 0 | 36050 | 0 | 0 | 0 | 10000 | 0 | 32963 | 0 | 515574 | 0 | 0 | 0 |
| CHRISTINE KALLIVOKAS | ||||||||||||||
| COO | 208733 | 0 | 5100 | 0 | 0 | 0 | 8998 | 0 | 0 | 0 | 222831 | 0 | 0 | 0 |
| JOSH LEVI | ||||||||||||||
| VP PUBLIC POLICY | 164901 | 0 | 4000 | 0 | 0 | 0 | 7077 | 0 | 0 | 0 | 175978 | 0 | 0 | 0 |
| MICHELE WEATHERLY | ||||||||||||||
| DIR MEMBER DEVELOPMENT | 172627 | 0 | 1000 | 0 | 0 | 0 | 6962 | 0 | 0 | 0 | 180589 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXCECUTIVE 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 BIRECTORS, 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 FOUR CLASSES OF MEMBERS, WHICH SHALL BE DESIGNATED CLASS I MEMBERS, CLASS II MEMBERS, CLASS III MEMBERS, AND CLASS IV MEMBERS (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 15A | THE PRESIDENT AND CEO UTLIZES COMPARABILITY DATA AND INDEPENDENT PERSONS WHEN SETTING THE 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. | |
| FORM 990, PART XI, LINE 8 | ADJUSTMENTS MADE TO BALANCE SHEET, EXCEPT FIXED ASSETS AND INVESTMENTS. | PRIOR PERIOD ADJUSTMENT |
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