2024-04-22T15:56:02-04:00 2023-06-30 521373858 DELEON & STANG CPAS AND ADVISORS 150 S EAST ST STE 103 FREDERICK MD 217016175 990 2022-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 5714217743 1069 WEST BROAD STREET 743 FALLS CHURCH VA 22046 JENNIFER TAYLOR PRESIDENT & CEO 5714217743 2023-11-15 true JENNIFER TAYLOR XXX-XX-XXXX false CLINT LEHMAN CPA P00840525 3012507400 2024-04-22 2022 2023-04-26 12:10:37Z JENNIFER TAYLOR 1069 WEST BROAD STREET 743 FALLS CHURCH VA 22046 3248739 false X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESSES IN NORTHERN VIRGINIA 72 71 19 10900 320613 0 3312495 3182677 120 9770 43568 56292 3676796 3248739 0 0 1881061 1979749 0 0 1352178 1353541 3233239 3333290 443557 -84551 2113496 2013425 1120893 1105373 992603 908052 X THE MISSION OF THE NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) IS TO ACCELERATE TECH INNOVATION AND PROMOTE A WORLD CLASS WORKFORCE. NVTC CONNECTS, EDUCATES, ADVOCATES AND CELEBRATES THE REGION'S THRIVING TECH ECOSYSTEM. false false EVENTS, PROGRAM AND MEMBER SERVICES: NVTC HOSTED TWO INDUSTRY SUMMITS (ARTIFICIAL INTELLIGENCE AND CYBER SECURITY), FOUR AWARDS EVENTS (DATA CENTER AWARDS, CYBER AWARDS, TECH 100, AND CFO AWARDS), AND OVER 40 COMMUNITY OF INTEREST AND NETWORKING EVENTS. LEADING INDUSTRY EXPERTS ATTRACT AN ENGAGED AUDIENCE WITH SOME EVENTS EXCEEDING OVER 400 ATTENDEES. NVTC OFFERS MEMBERS NETWORK OPPORTUNITIES, EDUCATIONAL PROGRAMMING, AND MEMBER BENEFITS. PUBLIC POLICY - NVTC'S LEGISLATIVE AGENDA IS INFORMED BY THE EXECUTIVE COMMITTEE AND THE NVTC STRATEGIC PLAN TO ADVANCE NVTC'S MISSION. THE LEGISLATIVE AGENDA IS SUPPORTED WITH LOBBYING EFFORTS BY NVTC INCLUDING EVENTS, MEETINGS AND PROGRAMS TO SUPPORT OUR PUBLIC POLICY AND LEGISLATIVE EFFORTS. APPROXIMATELY 13.8% OF NVTC MEMBERSHIP DUES SUPPORT LEGISLATIVE EFFORTS. FY2023 STATE LOBBYING AND LEGISLATIVE ADVOCACY EFFORTS HELPED ACHIEVE SEVERAL INITIATIVES IN SUPPORT OF VIRGINIA'S TECH INDUSTRY AND NVTC'S LEGISLATIVE AGENDA, WHICH INCLUDES COMPETITIVENESS AND ECONOMIC GROWTH, STEM EDUCATION AND WORKFORCE, AND INFRASTRUCTURE. false false false true false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 10 0 19 true true true false false false false false false false X 72 71 false false false false true true false true true false false true true true true true true true true false X JENNIFER TAYLOR 5714217743 1069 W BROAD ST SUITE 743 FALLS CHURCH VA 22046 JENNIFER TAYLOR PRESIDENT & 40.00 2.50 X X 419683 0 27200 STEPHEN UPTON CHIEF GROWTH 40.00 X 188183 0 34500 TARIN HORAN VP EVENTS/SP 40.00 X 164875 0 7166 GREGG HAMPTON SR. DIR. MEM 40.00 X 130341 0 17783 TYLER FEARN CHIEF OF STA 40.00 X 107882 0 4610 GREG BARONI CHAIR 2.00 X X 0 0 0 BRUCE CASWELL VICE CHAIR 0.10 X X 0 0 0 AMY GILLILAND VICE CHAIR 0.10 X X 0 0 0 MIKE CONDRO TREASURER 0.10 X X 0 0 0 JEAN STACK SECRETARY 0.10 X X 0 0 0 ALISA VALUDES WHYTE PR ADVISOR 0.10 X X 0 0 0 MYLES LOURIA POLICY ADVIS 0.10 X X 0 0 0 CRAIG CHASON GENERAL COUN 0.10 X X 0 0 0 GREGORY WASHINGTON DEI OFFICER 0.10 X X 0 0 0 JONATHAN ALGER DIRECTOR 0.10 X 0 0 0 CHRIS BALCIK DIRECTOR 0.10 X 0 0 0 IRMA BECERRA DIRECTOR 0.10 X 0 0 0 MICHAEL BECKLEY DIRECTOR 0.10 X 0 0 0 RAND BLAZER DIRECTOR 0.10 X 0 0 0 ANN BONITATIBUS DIRECTOR 0.10 X 0 0 0 JULIE BOWEN DIRECTOR 0.10 X 0 0 0 KEVIN BOYCE DIRECTOR 0.10 X 0 0 0 SUZANNE CAMPBELL DIRECTOR 0.10 X 0 0 0 WALLACE CHRISTNER DIRECTOR 0.10 X 0 0 0 MIKE CORKERY DIRECTOR 0.10 X 0 0 0 MILE CORRIGAN DIRECTOR 0.10 X 0 0 0 TONY CRESCENZO DIRECTOR 0.10 X 0 0 0 MATT DESCH DIRECTOR 0.10 X 0 0 0 MARJORIE DICKMAN DIRECTOR 0.10 X 0 0 0 GIL DUSSEK DIRECTOR 0.10 X 0 0 0 MARK ELLENBOGEN DIRECTOR 0.10 X 0 0 0 SUSAN FALLON BROWN DIRECTOR 0.10 X 0 0 0 JENNIFER FELIX DIRECTOR 0.10 X 0 0 0 CHAD FREDRICK DIRECTOR 0.10 X 0 0 0 BOB GENTER DIRECTOR 0.10 X 0 0 0 DAN GOLDING DIRECTOR 0.10 X 0 0 0 JOHN GOODMAN DIRECTOR 0.10 X 0 0 0 MARGIE GRAVES DIRECTOR 0.10 X 0 0 0 TAG GREASON DIRECTOR 0.10 X 0 0 0 MAGGIE HALLBACH DIRECTOR 0.10 X 0 0 0 CRAIG HALLIDAY DIRECTOR 0.10 X 0 0 0 TIM HURLEBAUS DIRECTOR 0.10 X 0 0 0 GLEN JONES DIRECTOR 0.10 X 0 0 0 KEITH KAETZEL DIRECTOR 0.10 X 0 0 0 JOEL KALLETT DIRECTOR 0.10 X 0 0 0 ANNE KRESS DIRECTOR 0.10 X 0 0 0 HOWARD LANGSAM DIRECTOR 0.10 X 0 0 0 LORRAINE LAVET BOD MEMBER 0.10 X 0 0 0 JAMES LEACH BOD MEMBER 0.10 X 0 0 0 BOBBY LENTZ DIRECTOR 0.10 X 0 0 0 DAVID LINK DIRECTOR 0.10 X 0 0 0 SAM MANESS DIRECTOR 0.10 X 0 0 0 OZ MORALES DIRECTOR 0.10 X 0 0 0 KURT NEWMAN DIRECTOR 0.10 X 0 0 0 PATTY OBERMAIER DIRECTOR 0.10 X 0 0 0 TROY PAINO DIRECTOR 0.10 X 0 0 0 CAROLYN PARENT DIRECTOR 0.10 X 0 0 0 DELBERT PARKS DIRECTOR 0.10 X 0 0 0 JUSTIN PARSONS DIRECTOR 0.10 X 0 0 0 SUSAN PENFIELD DIRECTOR 0.10 X 0 0 0 RICHARD PINEDA DIRECTOR 0.10 X 0 0 0 JEREMY RISSI DIRECTOR 0.10 X 0 0 0 KATHERINE ROWE BOD MEMBER 0.10 X 0 0 0 TIMOTHY SANDS BOD MEMBER 0.10 X 0 0 0 MEHUL SANGHANI DIRECTOR 0.10 X 0 0 0 JOHN SANKOVICH DIRECTOR 0.10 X 0 0 0 DAVID SCHAEFER DIRECTOR 0.10 X 0 0 0 JAMES SCHENCK DIRECTOR 0.10 X 0 0 0 PETER SMITH DIRECTOR 0.10 X 0 0 0 MATT STROTTMAN DIRECTORR 0.10 X 0 0 0 JOHN USTICA DIRECTOR 0.10 X 0 0 0 DOUG WAGONER DIRECTOR 0.10 X 0 0 0 JOHN WASSON DIRECTOR 0.10 X 0 0 0 MARK WEBB DIRECTOR 0.10 X 0 0 0 MITCH WEINTRAUB DIRECTOR 0.10 X 0 0 0 GREG WHEELESS DIRECTOR 0.10 X 0 0 0 1010964 91259 5 false true false CORDIA PARTNERS 8330 BOONE BLVD SUITE 350 VIENNA VA 22182 ACCOUNTING 128293 1 MEETINGS AND CONFERENCES 541900 1751320 1751320 MEMBERSHIP DUES 541900 899532 899532 BOARD FEES 541900 441116 441116 PUBLIC AFFAIRS 541900 63000 63000 NET TRADE REVNEUE 541900 27709 27709 3182677 9770 9770 OTHER REVENUE 900099 35392 35392 E-NEWSLETTER 541800 10900 10900 MEMBER ADVANTAGE PROGRAM 541900 10000 10000 56292 3248739 3218069 10900 19770 419683 1273136 56420 120721 109789 162430 20490 161619 32559 170963 2063 34518 449473 12047 26516 35529 OTHER EXPENSES 203328 SUBSCRIPTIONS/DUES 18355 EDUCATION/REGISTRATION 14451 BOARD EXPENSES 9200 3333290 0 0 0 1305073 596667 167476 525697 532441 700222 71616 113770 348144 271075 36890 77069 2113496 2013425 551459 513932 419434 444933 150000 146508 1120893 1105373 X 182039 129779 810564 778273 992603 908052 2113496 2013425 -84551 X false true X true false false false true 899532 124135 124135 124135 348144 271075 77069 77069 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION COMPLIES WITH FASB ASC 740-10 AND ACCOUNTING STANDARDS UPDATE (ASU) 2009-06. AS PART OF THAT ADOPTION, THE ORGANIZATION CONSIDERED THE POSSIBILITY OF UNCERTAIN TAX POSITIONS AND THEIR IMPACT ON THE FINANCIAL POSITION OF THE ORGANIZATION. AS OF JUNE 30, 2023 AND 2022, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS. X X X X X false false false JENNIFER TAYLOR PRESIDENT & CEO 419683 27000 200 446883 STEPHEN UPTON CHIEF GROWTH OFFICER 188183 34300 200 222683 TARIN HORAN VP EVENTS/SPONSORS 164875 6966 200 172041 FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) IS TO ACCELERATE TECH INNOVATION AND PROMOTE A WORLD CLASS WORKFORCE. NVTC CONNECTS, EDUCATES, ADVOCATES AND CELEBRATES THE REGION'S THRIVING TECH ECOSYSTEM. FORM 990, PAGE 6, PART VI, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR, TWO VICE-CHAIRS, PRESIDENT, GENERAL COUNSEL, SECRETARY, TREASURER, PUBLIC RELATIONS ADVISOR, POLICY ADVISOR, AND DE&I OFFICER 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. 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, PAGE 6, PART VI, LINE 6 CLASS I (TECHNOLOGY COMPANY MEMBER). 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. CLASS II (ASSOCIATE MEMBER). CLASS II MEMBERS SHALL BE COMPANIES OR IDENTIFIED SUBDIVISIONS OF COMPANIES THAT 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 SHALL BE NON- PROFIT ORGANIZATIONS. CLASS IV (GOVERNMENT AFFILIATE MEMBER). CLASS IV MEMBERS SHALL BE FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND SUBDIVISIONS. CLASS V (STUDENT MEMBER). CLASS V MEMBERS SHALL BE CURRENT APPRENTICES, UNDERGRADUATES, OR GRADUATE STUDENTS AT A COMMUNITY COLLEGE, COLLEGE, OR UNIVERSITY. CLASS V MEMBERS SHALL NOT BE ENTITLED TO VOTE ON ANY MATTER. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS SHALL ELECT A BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 11B NVTC AND CORDIA, A FINANCIAL OUTSOURCING COMPANY, REVIEW 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 FINANCE DIRECTOR THEN REVIEW THE RETURN WITH THE NVTC TREASURER. THEN THE RETURN IS SHARED WITH THE FINANCE AND AUDIT COMMITTEE FOR REVIEW, PRIOR TO ITS SIGNING BY THE PRESIDENT AND CEO. A COPY IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS. SUBSEQUENTLY, THE TREASUER AND PRESIDENT AND CEO APPROVE THE RETURN FOR FILING. FORM 990, PAGE 6, PART VI, 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 ACKNOWLEDGEMENT IS SIGNED AND DATED BY THE ACTIVE BOARD MEMBER. AS MEMBERS ROTATE ON AND OFF THE BOARD, NEW POLICY COPIES ARE ISSUED TO THE NEW MEMBERS AND KEPT ON FILE. A MEMBER OF THE EXECUTIVE OFFICE DISTRIBUTES THE POLICY FORM FOR THE NEW MEMBER TO SIGN OFF ON. THEY ARE KEPT ON FILE. FORM 990, PAGE 6, PART VI, LINE 15A INDEPENDENT PERSONS AND COMPARABILITY DATA ARE UTILIZED WHEN SETTING COMPENSATION. THE CURRENT CEO WAS HIRED ON SEPTEMBER 9, 2020, WITH AN EMPLOYMENT CONTRACT. THE CONTRACT AND PERFORMANCE EVALUATION IS PERIODICALLY REVIEWED AND RENEGOTIATED WITH THE CHAIRMAN OF THE BOARD AND EXECUTIVE COMMITTEE. THE MOST RECENT, CHAIRMAN-APROVED CEO REVIEW WAS GIVEN IN THE FALL OF 2023. THE CEO EMPLOYMENT CONTRACT WAS RENEGOTIATED AND SIGNED IN JANUARY 2024. FORM 990, PAGE 6, PART VI, LINE 15B THE NVTC HR & COMPENSATION COMMITTEE OBTAINS A FULL EVALUATION OF THE MARKET VALUE FOR ALL NVTC EMPLOYEE POSITIONS AND INDUSTRY COMPARISONS. ADDITIONALLY, JOB POSTING AND SALARY REQUIREMENTS ARE ESTABLISHED USING LOCAL LEADING INDUSTRY RESOURCES FOR ASSOCIATION PROFESSIONALS. THE COMPARISON SURVEY OF NVTC POSITIONS AND SALARY RECOMMENDATIONS ARE THEN PROVIDED TO THE COMMITTEE FOR REVIEW. ON AN ONGOING BASIS, A COMPREHENSIVE REVIEW WILL BE CONDUCTED INTERNALLY WITH THE CEO, DETERMINING COMPENSATION LEVELS USING THE ABOVE MENTIONED CURRENT INDUSTRY SALARY RESOURCE STANDARDS AND COMPARABLE DATA ANNUALLY DURING THE BUDGETARY PROCESS. THE C-LEVEL COMPENSATION RECOMMENDATIONS ARE EITHER APPROVED OR ADJUSTED BY THE PRESIDENT AND CEO, THE NVTC HR & COMPENSATION COMMITTEE, AND NVTC EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 THE COUNCIL WILL PROVIDE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. NVTC FOUNDATION 1069 W BROAD STREET 743 FALLS CHURCH VA 22046 464090178 WORKFORCE VA 501C3 7 NVTC true NVTC TECHPAC 1069 W BROAD STREET 743 FALLS CHURCH VA 22046 260013593 POLITICAL VA 527 NVTC true false false false false false false false false false false false false true true true false true false false NVTC FOUNDATION Q 38222 CASH