Cause IQ organization profile

Information Technology Industry Council (ITIC)

ITIC is a trade / professional association based in Washington, DC that was founded in 1994. As of 2019 they had $16 million in revenue and $13 million in assets.

The Information Technology Industry Council (ITI) is a Washington, D.C.-based trade association that represents companies from the information and communications technology (ICT) industry.

EIN:

13-1954338

City:

Washington

State:

District of Columbia

Metro:

Washington-Arlington-Alexandria, DC-VA-MD-WV

Website:

itic.org

Phone:

(202) 737-8888

Facebook:

facebook.com/ITI.dc

Twitter:

@iti_techtweets

Founded:

1994

Type:

501(c)(6)

NTEE:

S41: Trade / professional associations and chambers of commerce

Revenue:

$16,933,398

Assets:

$13,079,961

Employees:

Fiscal year end:

November

Revenue trends:

Asset trends:

Program areas at ITIC

Itic helps member companies achieve their policy objectives through building relationships with members of congress, administration officials, and foreign governments; organizing industry-wide consensus on policy issues; and working to enact tech-friendly government policies. Iti works to reduce barriers that stifle innovation, increase access to global markets, promote e-commerce expansion, protect consumer choice, and enhance the global competitiveness of our companies.

Form 990s for ITIC

Fiscal year ending	Date received by IRS	Form	PDF link
2018-11	Jun 19, 2019	990	View PDF
2017-11	May 14, 2018	990	View PDF
2016-11	Aug 23, 2017	990O	View PDF
2015-11	Dec 21, 2016	990O	View PDF
2014-11	May 18, 2015	990O	View PDF
...and five more Form 990 PDFs

Financials for ITIC

Field	2019	2018
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2019	2018	% Change
Total grants, contributions, etc.	$0	$0
Program services	$16,135,079	$14,889,931	8.4%
Investment income and dividends	$31,796	$161,865	-80.4%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$766,523	$-94,961	907.2%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$16,933,398	$14,956,835	13.2%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$75,000	$71,250	5.3%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,714,529	$2,489,876	9.0%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$5,157,549	$5,048,047	2.2%
Pension/retirement accruals and contributions	$170,974	$156,667	9.1%
Other employee benefits	$317,345	$216,095	46.9%
Payroll taxes	$478,044	$383,528	24.6%
Management fees	$0	$0
Legal fees	$0	$0
Accounting fees	$0	$0
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$45,200	$42,434	6.5%
Other fee-for-service	$2,381,927	$2,793,759	-14.7%
Advertising and promotion	$0	$0
Office expenses	$202,781	$268,413	-24.5%
Information tech. expenses	$297,526	$232,113	28.2%
Royalty expenses	$0	$0
Occupancy	$1,395,679	$751,177	85.8%
Travel	$424,499	$564,433	-24.8%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$393,005	$424,460	-7.4%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$323,302	$309,434	4.5%
Insurance	$61,851	$52,595	17.6%
All other expenses	$578,936	$976,682	-40.7%
Total expenses	$15,018,147	$14,780,963	1.6%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$4,051,556	$3,532,671	14.7%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$0	$0
Accounts receivable	$321,889	$167,604	92.1%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$288,576	$421,327	-31.5%
Buildings, equipment, etc. post-depreciation	$2,874,564	$420,427	583.7%
Investments, publicly traded securities	$5,543,376	$4,702,055	17.9%
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$0	$0
Total assets	$13,079,961	$9,244,084	41.5%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$742,456	$1,253,710	-40.8%
Grants payable	$0	$0
Deferred revenue	$3,649,599	$3,618,830	0.9%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$2,554,043	$152,932	1570.1%
Total liabilities	$6,946,098	$5,025,472	38.2%

Field	2019	2018	% Change
Unrestricted net assets	$6,133,863	$4,218,612	45.4%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for ITIC

Vendor	Services	Amount paid	Date
RSM Us LLP	Tax accounting		2020-08-11
███████ ███	Legal	$225,042	2019-11-01
███ █████████████ ███	Consulting	$137,508	2019-11-01
███████████████████ ███	Consulting	$154,000	2019-11-01
██████ █████ ███	Consulting	$103,200	2019-11-01
█████████ ████████	Software		2019-10-23
████ ███ █████	Tax accounting		2014-04-28

Personnel at ITIC

Name	Title	Compensation	Most recent data
Jason Oxman	President and Chief Executive Officer	-	May 21, 2020
Terri O'Brien	Chief Financial Officer and Senior Vice President, Administration	-	May 21, 2020
██████ █████████	Courts Vice President, Communications	-	May 21, 2020
████ ████████	Executive Vice President, Government Affairs	-	May 21, 2020
██████ ███████	Executive Vice President of Public Affairs	-	May 21, 2020
█████ █████	Vice President of Policy, Environment, Sustainability, and Regulatory	-	May 21, 2020
██████ █████	Senior Vice President of Policy	-	May 21, 2020
████ ██████	Senior Vice President of Policy and Senior Counsel	$244,280	May 21, 2020
████████ ████	Executive Vice President of Policy	-	May 21, 2020
███████ ██████	Vice President, Government Affairs	$226,964	May 21, 2020
...and 36 more key personnel

Peer trade / professional associations and chambers of commerce

	Name	Type	Revenue	Location
1	Corn Refiners Association (CRA)	501(c)(6)	$8.5 million	Washington, DC
2	American Council of Engineering Companies (ACEC)	501(c)(6)	$16 million	Washington, DC
3	Advanced Medical Technology Association (AdvaMed)	501(c)(6)	$41 million	Washington, DC
4	Association of Home Appliance Manufacturers (AHAM)	501(c)(6)	$7.8 million	Washington, DC
5	Emerging Markets Private Equity Association	501(c)(6)	$4.3 million	Washington, DC
6	Association for Competitive Technology (ACT)	501(c)(6)	$4.3 million	Washington, DC
7	Mortgage Bankers Association (MBA)	501(c)(6)	$65 million	Washington, DC
8	Pharmaceutical Care Management Association (PCMA)	501(c)(6)	$28 million	Washington, DC
9	Solar Energy Industries Association (SEIA)	501(c)(6)	$15 million	Washington, DC
10	National Confectioners Association (NCA)	501(c)(6)	$20 million	Washington, DC
11	Wine and Spirits Wholesalers of America (WSWA)	501(c)(6)	$13 million	Washington, DC
12	The Council (DISCUS)	501(c)(6)	$15 million	Washington, DC
13	American Fuel and Petrochemical Manufacturers (AFPM)	501(c)(6)	$43 million	Washington, DC
14	American Insurance Association	501(c)(6)	$18 million	Washington, DC
15	United States Telecom Association (USTelecom)	501(c)(6)	$13 million	Washington, DC
16	United State Travel Association	501(c)(6)	$33 million	Washington, DC
17	Association for Accessible Medicines (GPhA)	501(c)(6)	$26 million	Washington, DC
18	American Resorts Development Association (ARDA)	501(c)(6)	$9.5 million	Washington, DC
19	Reinsurance Association of America (RAA)	501(c)(6)	$9.2 million	Washington, DC
20	National Council of Farmer Cooperatives (NCFC)	501(c)(6)	$5.7 million	Washington, DC
21	Electronic Transactions Association (ETA)	501(c)(6)	$7.7 million	Washington, DC
22	Semiconductor Industry Association (SIA)	501(c)(6)	$7.7 million	Washington, DC
23	American Benefits Council	501(c)(6)	$5.3 million	Washington, DC
24	United Fresh Produce Association	501(c)(6)	$9.6 million	Washington, DC
25	Surety and Fidelity Association of America (SFAA)	501(c)(6)	$5.1 million	Washington, DC

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Cause IQ organization profile

Information Technology Industry Council (ITIC)

Program areas at ITIC

Form 990s for ITIC

Financials for ITIC

Vendors for ITIC

Personnel at ITIC

Peer trade / professional associations and chambers of commerce

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