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INFORMATION TECHNOLOGY INDUSTRY COUNCIL LTD: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
INFORMATION TECHNOLOGY INDUSTRY COUNCIL LTD (EIN 13-1954338)
Tax period
2022-12-01 to 2023-11-30
Filed
2024-10-10
IRS object ID
202412849349301931
Schema version
2022v5.0
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

FieldValueIRS element (for citing)
Return2024-10-10T19:07:59-05:00ReturnTs
Tax Period End2023-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131954338EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INFORMATION TECHNOLOGY INDUSTRY COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINFOBusinessNameControlTxt
Phone2027378888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 K STREET NW 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJASON OXMANPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2027378888PhoneNum
Signature2024-10-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK SMITHPreparerPersonNm
PTINP00639053PTIN
Phone2022274000PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1ITICBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJASON OXMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 K STREET NW 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,947,820GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ITIC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1994FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTO PROMOTE THE GLOBAL COMPETITIVENESS OF ITS MEMBER COMPANIES.ActivityOrMissionDesc
Voting Members Governing Body79VotingMembersGoverningBodyCnt
Voting Members Independent79VotingMembersIndependentCnt
Total Employee70TotalEmployeeCnt
Total Volunteers81TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$20,313,111PYProgramServiceRevenueAmt
CY Program Service Revenue$20,882,213CYProgramServiceRevenueAmt
PY Investment Income-$264,495PYInvestmentIncomeAmt
CY Investment Income$743,614CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$20,048,616PYTotalRevenueAmt
CY Total Revenue$21,625,827CYTotalRevenueAmt
PY Grants And Similar Paid$75,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$75,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$12,263,660PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$13,596,449CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,054,154PYOtherExpensesAmt
CY Other Expenses$7,315,826CYOtherExpensesAmt
PY Total Expenses$19,392,814PYTotalExpensesAmt
CY Total Expenses$20,987,275CYTotalExpensesAmt
PY Revenues Less Expenses$655,802PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$638,552CYRevenuesLessExpensesAmt
Total Assets BOY$23,301,234TotalAssetsBOYAmt
Total Assets EOY$27,441,577TotalAssetsEOYAmt
Total Liabilities BOY$12,159,037TotalLiabilitiesBOYAmt
Total Liabilities EOY$15,313,828TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,142,197NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,127,749NetAssetsOrFundBalancesEOYAmt
MissionTO SHAPE POLICY ISSUES AND DRIVE STANDARDS THAT CREATE A GLOBAL COMPETITIVE BUSINESS ENVIRONMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescITIC HELPS MEMBER COMPANIES ACHIEVE THEIR POLICY OBJECTIVES THROUGH BUILDING RELATIONSHIPS WITH MEMBERS OF CONGRESS, ADMINISTRATION OFFICIALS, AND INTERNATIONAL MARKETS; ORGANIZING INDUSTRY-WIDE CONSENSUS ON POLICY ISSUES; AND WORKING TO ENACT PRO-INNOVATION GOVERNMENT POLICIES. ITIC 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.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee70EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members79GoverningBodyVotingMembersCnt
Independent Voting Member79IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2027378888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 K STREET NW 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (93 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES HAYES
CHAIR1.00Yes (X)Yes (X)$0$0$0
BARBARA BAFFER
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
HAYDEN ALLAN
DIRECTOR1.00Yes (X)$0$0$0
KIM ALLMAN
DIRECTOR1.00Yes (X)$0$0$0
EMMA ASCROFT
DIRECTOR1.00Yes (X)$0$0$0
DREW BAGLEY
DIRECTOR1.00Yes (X)$0$0$0
NEIL BJORKMAN
DIRECTOR1.00Yes (X)$0$0$0
MARK BOHANNON
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN BONNER
DIRECTOR1.00Yes (X)$0$0$0
APRIL BOYD
DIRECTOR1.00Yes (X)$0$0$0
PATRICK BREWER
DIRECTOR1.00Yes (X)$0$0$0
PAUL BROWNELL
DIRECTOR1.00Yes (X)$0$0$0
MICHELE CAHN
DIRECTOR1.00Yes (X)$0$0$0
JEFF CAMPBELL
DIRECTOR1.00Yes (X)$0$0$0
HUGH CARROLL
DIRECTOR1.00Yes (X)$0$0$0
JUSTIN CLAY
DIRECTOR1.00Yes (X)$0$0$0
PETER CLEVELAND
DIRECTOR1.00Yes (X)$0$0$0
BRIAN CONKLIN
DIRECTOR1.00Yes (X)$0$0$0
AMBER COTTLE
DIRECTOR1.00Yes (X)$0$0$0
RUSS ELMER
DIRECTOR1.00Yes (X)$0$0$0
ERIN ENNIS
DIRECTOR1.00Yes (X)$0$0$0
TUCKER FOOTE
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH FORTSON
DIRECTOR1.00Yes (X)$0$0$0
CATHY FOSTER
DIRECTOR1.00Yes (X)$0$0$0
GENE FULLANO
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER GALLAGHER
DIRECTOR1.00Yes (X)$0$0$0
HUGH GAMBLE
DIRECTOR1.00Yes (X)$0$0$0
TOM GANN
DIRECTOR1.00Yes (X)$0$0$0
SAMPAK GARG
DIRECTOR1.00Yes (X)$0$0$0
JAMES S GIGRICH
DIRECTOR1.00Yes (X)$0$0$0
JOHN GODFREY
DIRECTOR1.00Yes (X)$0$0$0
BRIAN HUSEMAN
DIRECTOR1.00Yes (X)$0$0$0
JACE JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
JOSH KALLMER
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL KENNEDY
DIRECTOR1.00Yes (X)$0$0$0
GEN KURAMOTO
DIRECTOR1.00Yes (X)$0$0$0
ANDREW LEVY
DIRECTOR1.00Yes (X)$0$0$0
SEYMOUR LIEBMAN
DIRECTOR1.00Yes (X)$0$0$0
DAVID LUCEY
DIRECTOR1.00Yes (X)$0$0$0
SABEEN MALIK
DIRECTOR1.00Yes (X)$0$0$0
KEVIN MARTIN
DIRECTOR1.00Yes (X)$0$0$0
BRITTANY MASALOSALO
DIRECTOR1.00Yes (X)$0$0$0
CASH MCCRACKEN
DIRECTOR1.00Yes (X)$0$0$0
SUSAN MOORE
DIRECTOR1.00Yes (X)$0$0$0
BRIDGET NEILL
DIRECTOR1.00Yes (X)$0$0$0
LING-LING NIE
DIRECTOR1.00Yes (X)$0$0$0
MICHELLE O'NEILL
DIRECTOR1.00Yes (X)$0$0$0
DAVID OHRENSTEIN
DIRECTOR - UNTIL 06/231.00Yes (X)$0$0$0
TRACY OWENS
DIRECTOR1.00Yes (X)$0$0$0
CHRIS PADILLA
DIRECTOR1.00Yes (X)$0$0$0
SHAMA PATARI
DIRECTOR1.00Yes (X)$0$0$0
STEVEN PERKINS
DIRECTOR - UNTIL 05/231.00Yes (X)$0$0$0
GERRY PETRELLA
DIRECTOR1.00Yes (X)$0$0$0
STACI PIES
DIRECTOR1.00Yes (X)$0$0$0
KRISTINA PISANELLI
DIRECTOR1.00Yes (X)$0$0$0
TIM POWDERLY
DIRECTOR1.00Yes (X)$0$0$0
KEVIN RICHARDS
DIRECTOR1.00Yes (X)$0$0$0
SANFORD REBACK
DIRECTOR1.00Yes (X)$0$0$0
VALENTINA RUCKER
DIRECTOR1.00Yes (X)$0$0$0
BRIE SACHSE
DIRECTOR1.00Yes (X)$0$0$0
YUKA SATO
DIRECTOR1.00Yes (X)$0$0$0
KEVIN SELF
DIRECTOR1.00Yes (X)$0$0$0
DIMPLE SHAH
DIRECTOR1.00Yes (X)$0$0$0
JOHANNA SHELTON
DIRECTOR1.00Yes (X)$0$0$0
STEVE SON
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER STOUT
DIRECTOR1.00Yes (X)$0$0$0
TOM TARANTINO
DIRECTOR1.00Yes (X)$0$0$0
ALLEN THOMPSON
DIRECTOR1.00Yes (X)$0$0$0
TERRENCE THOMPSON
DIRECTOR1.00Yes (X)$0$0$0
BOBBY THOMSON
DIRECTOR1.00Yes (X)$0$0$0
NATE TIBBITS
DIRECTOR1.00Yes (X)$0$0$0
DUSTIN TODD
DIRECTOR1.00Yes (X)$0$0$0
MOLLY TREESE
DIRECTOR1.00Yes (X)$0$0$0
LAUREN VAN WAZER
DIRECTOR1.00Yes (X)$0$0$0
SHAWN VASELL
DIRECTOR1.00Yes (X)$0$0$0
KRISTEN VERDERAME
DIRECTOR1.00Yes (X)$0$0$0
KYLE VICTOR
DIRECTOR1.00Yes (X)$0$0$0
RICHARD WHITT
DIRECTOR1.00Yes (X)$0$0$0
SHAWN P WILSON
DIRECTOR1.00Yes (X)$0$0$0
ORLIE YANIV
DIRECTOR1.00Yes (X)$0$0$0
TOBI YOUNG
DIRECTOR1.00Yes (X)$0$0$0
JASON OXMAN
PRESIDENT & CEO40.00Yes (X)$1,240,801$0$119,794
TERESA O'BRIEN
CFO & SVP, ADMINISTRATION40.00Yes (X)$376,754$0$38,369
ANDREW HALATAEI
EVP, GOV'T AFFAIRS - UNTIL 09/2340.00$593,926$0$12,200Yes (X)
ASHLEY BERRANG
EVP, PUBLIC AFFAIRS40.00$518,571$0$35,083Yes (X)
ROBERT STRAYER
EVP, POLICY40.00$461,603$0$47,594Yes (X)
GORDON BITKO
EVP, POLICY40.00$352,693$0$81,928Yes (X)
DAVID BAIN
EVP, INCITS40.00$287,641$0$11,672Yes (X)
JOHN MILLER
SVP, POLICY, TDT & GC40.00$321,671$0$31,411Yes (X)
JENNIE COURTS
SVP, COMMUNICATIONS40.00$278,887$0$39,220Yes (X)
NAOMI WILSON
VP, POLICY40.00$254,879$0$33,279Yes (X)
CHRISTOPHER CLEET
VP, POLICY, E & S AND REGULATORY40.00$232,252$0$36,983Yes (X)
MARGARET MCCARTHY
SR. DIR., GOV'T AFFAIRS40.00$243,471$0$14,824Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,163,149TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$502,357TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K32IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
VENABLE LLP
PO BOX 62727BALTIMOREMD21264CONSULTING SERVICES$259,159
GUIDEPOSTSTRATEGIES LLC
PO BOX 28249WASHINGTONDC20038CONSULTING SERVICES$180,000
HIGHER LOGIC LLC
PO BOX 645579PITTSBURGHPA15264CONSULTING SERVICES$131,656
GLEN ECHO GROUP LLC
2001 L STREET NW SUITE 901WASHINGTONDC20036CONSULTING SERVICES$120,300
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$17,379,846$17,379,846
SERVICE FEES900099$1,361,146$1,361,146
PROGRAM FEES900099$841,480$841,480
MEMBER DIRECTED PROGR.900099$699,315$699,315
REGISTRATION FEES900099$326,325$326,325

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$274,101TotalRevenueColumnAmt
Related Or Exempt Func Income$274,101RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$20,882,213TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$817,636TotalRevenueColumnAmt
Exclusion$817,636ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$487,279RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$487,279RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,760,692SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,834,714SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$74,022SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$74,022TotalRevenueColumnAmt
Exclusion-$74,022ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,625,827TotalRevenueColumnAmt
Related Or Exempt Func Income$20,882,213RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$743,614ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$75,000TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,210,643TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,966,330TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$21,706TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$547,336TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$850,434TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$23,924TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$77,527TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,278,995TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$273,916TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$347,782TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$884,982TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$402,456TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$727,932TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$277,172TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$81,979TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
MEMBERSHIP AND SUBSCR.$546,476
PASSTHROUGH EXPENSES$368,500
EDUCATION & TRAINING$23,692
TAXES & LICENSES$493

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,987,275TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,086,072BOYAmt
EOY$1,061,357EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,581,924BOYAmt
EOY$10,495,808EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$466,799BOYAmt
EOY$451,223EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$875,737BOYAmt
EOY$457,963EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,197,806LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,411,251LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,063,727BOYAmt
EOY$1,786,555EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,137,283BOYAmt
EOY$8,144,757EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$89,692BOYAmt
EOY$5,043,914EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,301,234BOYAmt
EOY$27,441,577EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,462,553BOYAmt
EOY$2,014,324EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,555,390BOYAmt
EOY$4,173,949EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,141,094BOYAmt
EOY$9,125,555EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,159,037BOYAmt
EOY$15,313,828EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,142,197BOYAmt
EOY$12,127,749EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,142,197BOYAmt
EOY$12,127,749EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,301,234BOYAmt
EOY$27,441,577EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$638,552ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$347,000NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$17,379,846DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$3,275,517NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$1,031,035NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$4,306,552NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$3,041,473AggregateReportedDuesNtcAmt
Carried Over$1,265,079CarriedOverAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,316,386OtherCostOrOtherBasisAmt
Depreciation$877,557DepreciationAmt
Book Value$1,438,829BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$881,420OtherCostOrOtherBasisAmt
Depreciation$533,694DepreciationAmt
Book Value$347,726BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,786,555TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
RIGHT-OF-USE ASSET - OPERATING$4,876,211
DUE FROM RELATED ENTITY$167,703
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,043,914TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE LIABILITY - OPERATING$7,720,477
DEFERRED COMPENSATION LIABILITY$1,399,078
ACCRUED RENT$6,000
FieldValueIRS element (for citing)
Total Liability$9,125,555TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,382,579TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$347,000NetUnrealizedGainsInvstAmt
Other Revenue$487,279OtherRevenueAmt
Revenue Not Reported$834,279RevenueNotReportedAmt
Revenue Subtotal$21,548,300RevenueSubtotalAmt
Investment Expenses Not Incld$77,527InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$77,527RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,625,827TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$21,397,027TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$487,279OtherExpensesIncludedAmt
Expenses Not Reported$487,279ExpensesNotReportedAmt
Expenses Subtotal$20,909,748ExpensesSubtotalAmt
Investment Expenses Not Incld2$77,527InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$77,527ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,987,275TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ITIC PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED NOVEMBER 30, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 487,279.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 487,279.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1INFORMATION TECHNOLOGY AND INNOVATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 K STREET STE 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Recipient EIN204403497RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$0CashGrantAmt
Non Cash Assistance$75,000NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceDONATED OUT-OF-POCKET EXPENSESNonCashAssistanceDesc
Purpose Of GrantSUPPORT PROGRAM SERVICE ACTIVITIESPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1:ITIC CONTRIBUTES TO SUPPORT PROGRAM ACTIVITIES RELATED TO THE TECH INDUSTRY BASED ON ITIC ORGANIZATIONAL GOALS. ITIC EVALUATES THE NONPROFIT'S MISSION AND ITS FINANCIAL POSITION AS REPORTED IN FORM 990.
PART I, LINE 2:GRANTS ARE IN THE FORM OF DONATED OUT-OF-POCKET EXPENSES AND ARE DOCUMENTED INTERNALLY.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JASON OXMAN
PRESIDENT & CEO$940,345$0$300,000$0$456$0$112,200$0$7,594$0$1,360,595$0$0$0
ANDREW HALATAEI
EVP, GOV'T AFFAIRS - UNTIL 09/23$452,596$0$67,500$0$73,830$0$12,200$0$0$0$606,126$0$73,533$0
ASHLEY BERRANG
EVP, PUBLIC AFFAIRS$399,292$0$60,000$0$59,279$0$12,200$0$22,883$0$553,654$0$59,101$0
ROBERT STRAYER
EVP, POLICY$401,306$0$60,000$0$297$0$40,000$0$7,594$0$509,197$0$0$0
GORDON BITKO
EVP, POLICY$299,737$0$52,500$0$456$0$52,200$0$29,728$0$434,621$0$0$0
TERESA O'BRIEN
CFO & SVP, ADMINISTRATION$326,697$0$48,750$0$1,307$0$37,200$0$1,169$0$415,123$0$0$0
JOHN MILLER
SVP, POLICY, TDT & GC$297,215$0$24,000$0$456$0$11,100$0$20,311$0$353,082$0$0$0
JENNIE COURTS
SVP, COMMUNICATIONS$235,309$0$43,400$0$178$0$9,697$0$29,523$0$318,107$0$0$0
DAVID BAIN
EVP, INCITS$249,685$0$37,500$0$456$0$8,885$0$2,787$0$299,313$0$0$0
NAOMI WILSON
VP, POLICY$235,501$0$19,200$0$178$0$9,644$0$23,635$0$288,158$0$0$0
CHRISTOPHER CLEET
VP, POLICY, E & S AND REGULATORY$214,196$0$17,600$0$456$0$8,820$0$28,163$0$269,235$0$0$0
MARGARET MCCARTHY
SR. DIR., GOV'T AFFAIRS$221,853$0$21,440$0$178$0$5,586$0$9,238$0$258,295$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4BFormAndLineReferenceDesc
ExplanationAMOUNTS ACCRUED UNDER SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS DURING THE CALENDAR YEAR ENDING DECEMBER 31, 2022 AND INCLUDED IN PART II, COLUMN (C): GORDON BITKO - EVP, PUBLIC SECTOR - $40,000 ROBERT STRAYER - EVP, POLICY - $40,000 TERESA O'BRIEN - CFO & SVP, ADMINISTRATION - $25,000 JASON OXMAN - PRESIDENT & CEO - $100,000 AMOUNTS DISTRIBUTED UNDER SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS DURING THE CALENDAR YEAR ENDING DECEMBER 31, 2022 AND INCLUDED IN PART II, COLUMN (B)(III): ANDREW HALATAEI - EVP, GOVERNMENT AFFAIRS - $73,533 ASHLEY BERRANG - EVP, PUBLIC AFFAIRS - $59,101ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ITIC MEMBERSHIP SHALL CONSIST OF GLOBAL TECHNOLOGY COMPANIES ENGAGED IN THE DEVELOPMENT, PUBLICATION, MANUFACTURE OR ASSEMBLY OF INFORMATION TECHNOLOGY PRODUCTS AND SERVICES. EACH MEMBER COMPANY HAS A SEAT ON THE BOARD OF DIRECTORS, WITH ALL THE RIGHTS, DUTIES AND PRIVILEGES THAT COME WITH THAT POSITION.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY INTERNAL MANAGEMENT PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED AT A MINIMUM TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST IN ACCORDANCE WITH THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION OF ITIC OFFICERS IS OVERSEEN BY THE COMPENSATION COMMITTEE OF THE BOARD. THEIR DECISION-MAKING PROCESS WILL INCLUDE REFERENCE TO WHATEVER INDEPENDENT DATA THEY FIND RELEVANT AND APPROPRIATE IN MAKING THEIR DETERMINATION.
FORM 990, PART VI, SECTION C, LINE 19THE 990 IS AVAILABLE UPON REQUEST. OTHER DOCUMENTS REFERENCED (GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS) ARE AVAILABLE ONLY TO ITIC MEMBER COMPANIES UPON REQUEST. MONTHLY FINANCIAL REPORTS ARE PROVIDED TO THE EXECUTIVE COMMITTEE, AND SEMI-ANNUAL FINANCIAL REPORTS ARE PROVIDED TO THE FULL BOARD.
FORM 990, PART IX, LINE 11GCONTRACT SERVICES 3,278,995.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1INFORMATION TECHNOLOGY INDUSTRY INSTITUTEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 K STREET NW SUITE 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
EIN992439220EIN
Primary ActivitiesEDUCATION ON THE BENEFITS OF TECHNOLOGYPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1INFORMATION TECHNOLOGY INDUSTRY COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd