2025-11-04T19:08:25-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 300 SANTANA ROW STE 300 SAN JOSE CA 95128 990 2024-01-01 770456865 TECHNOLOGY NETWORK TECH 6508875640 4633 OLD IRONSIDES DRIVE 320 SANTA CLARA CA 95054 PATRICIA S ALBERTSON CFO 6508875640 2025-11-04 1 0 STACEY J DELL P00196635 4085587500 2025-11-04 2024 2025-03-06 01:10:19Z TECHNET PATRICIA S ALBERTSON 4633 OLD IRONSIDES DRIVE 320 SANTA CLARA CA 95054 15752072 0 X WWW.TECHNET.ORG X 1997 CA TECHNET IS THE NATIONAL, BIPARTISAN NETWORK OF TECHNOLOGY CEOS AND SENIOR (CONT. ON SCH. O) EXECUTIVES THAT PROMOTES THE GROWTH OF AMERICAN INNOVATION. TECHNET IS COMMITTED TO ADVANCING PUBLIC POLICIES AND PRIVATE SECTOR INITIATIVES THAT MAKE THE U.S. THE MOST INNOVATIVE NATION IN THE WORLD. TECHNET CHAMPIONS POLICIES THAT FOSTER A CLIMATE FOR INNOVATION, ALLOWING TECHNOLOGY COMPANIES TO CREATE, THRIVE, AND COMPETE. TECHNET MEMBERS WORK TOGETHER TO IDENTIFY KEY POLICY PRIORITIES AND EXECUTE SUCCESSFUL LEGISLATIVE STRATEGIES AT THE FEDERAL, STATE, AND LOCAL LEVELS. 11 11 34 15 0 0 0 0 13380742 15111741 287340 567887 10131 72444 13678213 15752072 0 0 0 0 5937122 6898710 0 0 0 6493331 8833368 12430453 15732078 1247760 19994 15670333 15230137 11652898 11192709 4017435 4037428 X TECHNET IS THE NATIONAL, BIPARTISAN NETWORK OF TECHNOLOGY CEOS AND SENIOR EXECUTIVES THAT PROMOTES THE GROWTH OF AMERICAN INNOVATION. TECHNET IS COMMITTED TO ADVANCING PUBLIC POLICIES AND PRIVATE SECTOR INITIATIVES THAT MAKE THE U.S. THE MOST INNOVATIVE (CONT. ON SCH. O) NATION IN THE WORLD. TECHNET CHAMPIONS POLICIES THAT FOSTER A CLIMATE FOR INNOVATION, ALLOWING TECHNOLOGY COMPANIES TO CREATE, THRIVE, AND COMPETE. TECHNET MEMBERS WORK TOGETHER TO IDENTIFY KEY POLICY PRIORITIES AND EXECUTE SUCCESSFUL LEGISLATIVE STRATEGIES AT THE FEDERAL, STATE, AND LOCAL LEVELS. 0 0 TECHNET HAS HOSTED DOZENS OF PUBLIC POLICY EVENTS FOR ITS MEMBERS. THESE EVENTS ALLOW MEMBERS TO MEET WITH POLICYMAKERS AT BOTH THE STATE AND FEDERAL LEVEL. THE PURPOSE OF THE EVENTS IS TO BUILD RELATIONSHIPS BETWEEN THE MEMBERS OF THE HIGH-TECH COMMUNITY AND POLICYMAKERS. THE DISCUSSION OF THESE IMPORTANT PUBLIC POLICY TOPICS BETWEEN THE TWO GROUPS STRENGTHEN AMERICAN INNOVATION AND THE HIGH-TECH COMMUNITY, WHICH TECHNET SERVES. TECHNET HAS A SOPHISTICATED WEBSITE AND E-MAIL COMMUNICATIONS SYSTEM FOR ITS MEMBERS. TECHNET STAFF, IN CONSULTATION WITH ITS MEMBERS, IS INVOLVED IN SHAPING PUBLIC PERCEPTIONS ABOUT THE HIGH-TECH INDUSTRY AND INFLUENCING PUBLIC POLICY ON AMERICAN INNOVATION ISSUES. TECHNET DEVELOPS POLICY POSITIONS IN COLLABORATION WITH ITS MEMBERS, WHICH ARE MADE PUBLIC ON ITS WEBSITE AND COMMUNICATED TO STATE AND FEDERAL POLICYMAKERS AS PART OF A LEGISLATIVE EFFORT. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 1 34 1 0 0 0 0 0 0 1 0 X 11 11 0 0 1 0 1 1 1 1 1 0 1 1 0 0 0 0 1 0 0 CA X PATRICIA ALBERTSON 6508875640 4633 OLD IRONSIDES DRIVE SUITE 320 SANTA CLARA CA 95054 LINDA L MOORE PRESIDENT & CEO 40.00 X 1106201 0 35539 CARL K HOLSHOUSER EVP & CORPORATE SECRETARY 40.00 X 657525 0 30873 DAVID S EDMONSON SVP, STATE POLICY & GOV RELATIONS 40.00 X 332043 0 38010 TRENT T EDWARDS SVP, MEMBERSHIP & GRWOTH 40.00 X 321262 0 25240 DYLAN L HOFFMAN EXECUTIVE DIRECTOR, SOUTHWEST 40.00 X 219879 0 26961 PATRICIA S ALBERTSON SVP, CFO & TREASURER 40.00 X 212301 0 28273 CHRISTOPHER J GILREIN EXECUTIVE DIRECTOR, NORTHEAST 40.00 X 217115 0 21883 TYLER B DIERS EXECUTIVE DIRECTOR, MIDWEST 40.00 X 217057 0 18614 MARGARET C DURKIN EXECUTIVE DIRECTOR, MID-ATLANTIC 40.00 X 214897 0 18274 RUTH A BARKO EXECUTIVE DIRECTOR, CENTRAL 40.00 X 210967 0 21588 ANDREW C HUDSON - GENERAL COUNSEL & FED POLICY DIRECTOR 40.00 X 199822 0 16104 PETER H CHANDLER - SVP FEDERAL POLICY & GOV RELATIONS (THRU 6/24) 40.00 X 154775 0 13932 APRIL MELLODY SVP, COMMUNICATIONS 40.00 X 153397 0 7821 ED KNIGHT - BOARD MEMBER BOARD CHAIRMAN (THRU 11/24) 1.00 X X 0 0 0 APARNA BAWA - VICE CHAIR (THRU 11/24)/BOARD CHAIRMAN 1.00 X X 0 0 0 KERRY MCLEAN - BOARD MEMBER VICE CHAIRMAN (AS OF 11/24) 1.00 X 0 0 0 STEVE CASE BOARD MEMBER 1.00 X 0 0 0 JOHN CHAMBERS BOARD MEMBER (THRU 11/24) 1.00 X 0 0 0 JOHN DOERR BOARD MEMBER (THRU 11/24) 1.00 X 0 0 0 CRAIG GLIDDEN BOARD MEMBER (THRU 11/24) 1.00 X 0 0 0 MIKE GREGOIRE BOARD MEMBER (THRU 7/24) 1.00 X 0 0 0 MAMOON HAMID BOARD MEMBER 1.00 X 0 0 0 TERRY HOWERTON BOARD MEMBER 1.00 X 0 0 0 AARON LEVIE BOARD MEMBER 1.00 X 0 0 0 JEFF MAGGIONCALDA BOARD MEMBER 1.00 X 0 0 0 KIM POLESE BOARD MEMBER 1.00 X 0 0 0 KENT WALKER BOARD MEMBER 1.00 X 0 0 0 DAVID ZAPOLSKY BOARD MEMBER 1.00 X 0 0 0 4217241 0 303112 13 0 1 0 PRECISION STRATEGIES LLC 901 NEW YORK AVENUE NW SUITE 530 WASHINGTON DC 20001 PR & COMMUNICATION SERVICES 2302312 PIER 91 MEDIA 3050 K STREET NW SUITE 100 WASHINGTON DC 20007 PR & COMMUNICATION SERVICES 1160000 FIREHOUSE STRATEGIES LLC 1501 M STREET NW SUITE 1100 WASHINGTON DC 20005 ADVOCACY, PR & COMMUNICATION SERVICES 982000 CROSSROADS STRATEGIES 800 N CAPITOL STREET NW SUITE 800 WASHINGTON DC 20002 ADVOCACY SERVICES 240000 AVOQ 1201 NEW YORK AVENUE NW SUITE 900 WASHINGTON DC 20005 ADVOCACY SERVICES 180000 5 MEMBERSHIP DUES 541900 9010289 9010289 SUPPLEMENTAL DUES 541900 6101452 6101452 15111741 567887 567887 INSURANCE CLAIM REFUND 900099 67175 67175 CREDIT CARD FEES 900099 5269 5269 72444 15752072 15111741 0 640331 3333116 2732167 178768 304615 350044 159250 58494 1978006 1350210 240186 110267 76940 13877 84028 9251 PUBLIC RELATIONS 3738410 EVENTS 536299 DUES & SUBSCRIPTIONS 199956 278194 15732078 14164278 13749069 0 286000 44217 103916 127166 25031 542641 237294 369653 305347 965019 760774 15670333 15230137 320137 566820 10335129 9840610 997632 785279 11652898 11192709 X 4017435 4037428 4017435 4037428 15670333 15230137 19994 0 X 0 1 X 1 0 0 0 0 16532293 3562396 3562396 4959688 0 53222 11741 41481 376798 112932 263866 112621 112621 0 305347 OPERATING LEASE LIABILITY 785279 785279 X 15752072 0 15752072 0 15752072 15732078 0 15732078 0 15732078 PART X, LINE 2: TECHNET IS CONSIDERED A NONPROFIT MUTUAL BENEFIT CORPORATION AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. TECHNET IS EXEMPT FROM STATE TAX UNDER STATE OF CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701E. ONLY UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL AND STATE INCOME TAX. MANAGEMENT BELIEVES THAT ALL OF TECHNET'S INCOME IS RELATED TO ITS EXEMPT PURPOSE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. TECHNET HAS NO UNRECOGNIZED TAX BENEFITS OR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. X 0 0 0 LINDA L MOORE PRESIDENT & CEO 756201 0 350000 0 0 0 13800 0 21739 0 1141740 0 0 0 CARL K HOLSHOUSER EVP & CORPORATE SECRETARY 457525 0 200000 0 0 0 13800 0 17073 0 688398 0 0 0 DAVID S EDMONSON SVP, STATE POLICY & GOV RELATIONS 274543 0 57500 0 0 0 13745 0 24265 0 370053 0 0 0 TRENT T EDWARDS SVP, MEMBERSHIP & GRWOTH 278762 0 42500 0 0 0 12852 0 12388 0 346502 0 0 0 DYLAN L HOFFMAN EXECUTIVE DIRECTOR, SOUTHWEST 185879 0 34000 0 0 0 9109 0 17852 0 246840 0 0 0 PATRICIA S ALBERTSON SVP, CFO & TREASURER 188801 0 23500 0 0 0 8452 0 19821 0 240574 0 0 0 CHRISTOPHER J GILREIN EXECUTIVE DIRECTOR, NORTHEAST 184115 0 33000 0 0 0 8880 0 13003 0 238998 0 0 0 TYLER B DIERS EXECUTIVE DIRECTOR, MIDWEST 184057 0 33000 0 0 0 8722 0 9892 0 235671 0 0 0 MARGARET C DURKIN EXECUTIVE DIRECTOR, MID-ATLANTIC 182897 0 32000 0 0 0 8658 0 9616 0 233171 0 0 0 RUTH A BARKO EXECUTIVE DIRECTOR, CENTRAL 177967 0 33000 0 0 0 8586 0 13002 0 232555 0 0 0 ANDREW C HUDSON - GENERAL COUNSEL & FED POLICY DIRECTOR 129822 0 70000 0 0 0 7761 0 8343 0 215926 0 0 0 PETER H CHANDLER - SVP FEDERAL POLICY & GOV RELATIONS (THRU 6/24) 147275 0 7500 0 0 0 6257 0 7675 0 168707 0 0 0 APRIL MELLODY SVP, COMMUNICATIONS 111397 0 42000 0 0 0 0 0 7821 0 161218 0 0 0 PART I, LINE 7 TECHNET EMPLOYEES, INCLUDING BUT NOT LIMITED TO OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES RECEIVED BONUSES BASED ON SEVERAL FACTORS: THE FINANCIAL HEALTH OF THE ORGANIZATION, EMPLOYEE PERFORMANCE, TENURE, ETC. TECHNET'S CEO HAS DISCRETION OVER THE PAYMENT OF EMPLOYEE BONUSES. BONUS TO CEO IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED FOR THE FOLLOWING: - REGIONAL DISTRICTS FOR THE EXECUTIVE COUNCIL WERE REMOVED FROM ARTICLE II. - ARTICLE IV WAS AMENDED TO INDICATE THAT THE EXECUTIVE COUNCIL HAS THE POWER TO CHANGE THE PRINCIPAL BUSINESS OFFICE AND CAUSE THE CORPORATION TO BE QUALIFIED TO CONDUCT ITS ACTIVITIES IN ANOTHER STATE. - THE MINIMUM NUMBER OF EXECUTIVE COUNCIL MEMBERS WAS UPDATED FROM 18 TO 9 IN ARTICLE IV. - THE MAXIMUM NUMBER OF AT-LARGE EXECUTIVE COUNCIL MEMBERS WAS UPDATED FROM 18 TO 23 IN ARTICLE IV. - THE QUALIFICATIONS OF AN EXECUTIVE COUNCIL MEMBER WERE BROADENED TO INCLUDE DIRECTOR OR SENIOR EXECUTIVE OF AN ENTITY THAT IS A VOTING MEMBER IN ARTICLE IV. - ARTICLE IV WAS AMENDED TO INDICATE THAT EXECUTIVE COUNCIL MEMBERS WILL NOT BE COMPENSATED FOR THEIR SERVICES AS EXECUTIVE COUNCIL MEMBERS, BUT THEY CAN RECEIVE COMPENSATION FOR SERVING THE CORPORATION IN ANY OTHER CAPACITY. - ARTICLE V WAS AMENDED TO INDICATE THAT OFFICERS WILL BE ELECTED EVERY TWO YEARS INSTEAD OF ANNUALLY. - ARTICLE VII FOR INDEMNIFICATION OF AGENTS OF THE CORPORATION WAS BROADENED TO INCLUDE THE SUCCESSFUL DEFENSE BY AGENT, ACTIONS BROUGHT BY PERSONS OTHER THAN THE CORPORATION, ACTIONS BROUGHT BY OR ON BEHALF OF THE CORPORATION, DETERMINATION OF AGENT'S GOOD FAITH CONDUCT, LIMITATIONS, AND CONTRACTUAL RIGHTS. - ARTICLE IX FOR CORPORATE RECORDS AND REPORTS WAS BROADENED TO INCLUDE THE FISCAL YEAR, THE ANNUAL REPORT, AND THE ANNUAL STATEMENT. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERSHIP CONSISTING OF THE FOLLOWING: (I) GENERAL MEMBERS (VOTING MEMBERS) - THEY HAVE THE RIGHT TO VOTE ON CERTAIN MATTERS OF THE CORPORATION (II) NON-VOTING MEMBERS - THEY ARE NOT GRANTED ANY OF THE CORRESPONDING VOTING RIGHTS OF GENERAL MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE AFFAIRS AND ACTIVITIES OF THE ORGANIZATION SHALL BE MANAGED, AND ALL CORPORATE POWERS SHALL BE EXERCISED, BY OR UNDER THE DIRECTION OF THE EXECUTIVE COUNCIL, WHICH SHALL BE THE BOARD OF DIRECTORS OF THE CORPORATION. THE EXECUTIVE COUNCIL HAS THE FOLLOWING POWERS: (A) TO SELECT AND REMOVE ALL THE OFFICERS, AGENTS AND EMPLOYEES OF THE ORGANIZATION, PRESCRIBE DUTIES FOR THEM, FIX THE TERMS OF THEIR OFFICES AND THEIR COMPENSATION, AND IN THEIR DISCRETION REQUIRE FROM THEM SECURITY FOR FAITHFUL SERVICE. (B) TO MAKE DISBURSEMENTS FROM THE FUNDS AND PROPERTIES OF THE ORGANIZATION AND GENERALLY TO CONDUCT, MANAGE, AND CONTROL THE ACTIVITIES AND AFFAIRS OF THE ORGANIZATION AND TO MAKE RULES AND REGULATIONS. (C) TO ADOPT, MAKE, AND USE A CORPORATE SEAL AND TO ALTER THE FORM OF THE SEAL FROM TIME TO TIME AS THEY MAY DEEM BEST. (D) TO BORROW MONEY AND INCUR INDEBTEDNESS FOR THE PURPOSES OF THE ORGANIZATION AND TO EXECUTE AND DELIVER, IN THE ORGANIZATION NAME, PROMISSORY NOTES, BONDS, DEBENTURES, DEEDS OF TRUST, MORTGAGES, PLEDGES, HYPOTHECATIONS, OR OTHER EVIDENCES OF DEBT AND SECURITIES. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COUNCIL MAY CREATE CERTAIN COMMITTEES FROM TIME TO TIME THAT DO NOT EXERCISE THE AUTHORITY OF THE EXECUTIVE COUNCIL AND WHICH MAY INCLUDE ANY NON-EXECUTIVE COUNCIL MEMBERS OR NON-VOTING MEMBERS. EACH SUCH COMMITTEE SHALL OPERATE UNDER THE RULES OF A COMMITTEE CHARTER TO BE APPROVED BY A MAJORITY VOTE OF THE EXECUTIVE COUNCIL AND SHALL BE CHAIRED BY AN EXECUTIVE COUNCIL MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY OFFICERS OF THE CORPORATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE CEO REVIEW COMMITTEE AND THE EXECUTIVE COUNCIL. THE PROCESS IS DOCUMENTED AND WAS LAST DONE IN FEBRUARY 2025. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST THROUGH FORM 1024 AND ARE AVAILABLE TO MEMBERS.