Overview
What is Information Technology Industry Council?
The Information Technology Industry Council (ITIC) is a nonprofit organization based in Washington, D.C. With a team of 64 employees, their primary goal is to help member companies achieve their policy objectives by establishing relationships with key political figures, organizing industry-wide consensus on important issues, and advocating for pro-innovation government policies. ITIC strives to reduce barriers that hinder innovation, expand access to global markets, promote e-commerce growth, protect consumer choice, and enhance the global competitiveness of its members.
Official website here: www.itic.org
What are the reviews and ratings of this charity?
The Information Technology Industry Council is not currently rated by Charity Navigator. The lack of a rating does not imply either positive or negative qualities; it simply means the organization has not been evaluated under the existing criteria. Historically, Charity Navigator has primarily assessed Accountability and Finance for similar organizations, but this assessment isn't possible here due to its status as a non-501(c)(3) entity.
The absence of a Charity Navigator rating highlights limitations in evaluating this organization under the current methodologies, which rely on specific financial and operational data that's not available. This situation underscores the importance of understanding an organization's legal classification and the evaluation criteria of watchdog entities like Charity Navigator.
There are no user reviews available from GreatNonprofits for the Information Technology Industry Council. Consequently, there is no additional feedback to provide on user experiences or sentiment for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is Information Technology Industry Council legitimate?
Information Technology Industry Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Information Technology Industry Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,818,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,251,564
For more financial information, click here
Official website here: www.itic.org
What is the mission statement of Information Technology Industry Council?
The Information Technology Industry Council (ITIC) is dedicated to enhancing the global competitiveness of its member companies. It achieves this mission by shaping policy issues and driving standards that foster a competitive business environment. ITIC builds relationships with key stakeholders, including members of Congress, administration officials, and international markets, to help member companies achieve their policy objectives. By organizing industry-wide consensus on policy matters and advocating for pro-innovation government policies, ITIC reduces barriers to innovation and expands access to global markets. The council also promotes e-commerce expansion, protects consumer choice, and enhances the competitiveness of the technology industry.
Official website here: www.itic.org
Who is the CEO of Information Technology Industry Council?
Jason Oxman is the Chair of Information Technology Industry Council. The CEO's salary of Information Technology Industry Council is $1,140,955 and their total compensation is $1,159,571.
Official website here: www.itic.org
What is the revenue of Information Technology Industry Council?
Information Technology Industry Council's revenue in 2022 was $20,511,275.
Official website here: www.itic.org
Who are the executives of Information Technology Industry Council and what are their salaries?
The average compensation at Information Technology Industry Council during 2022 was $172,976. There are 64 employees and 78 volunteers at Information Technology Industry Council.
Here are 89 key members and their salaries (Information Technology Industry Council's CEO's salary is $1,140,955 and their total compensation is $1,159,571):
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Official website here: www.itic.org
Where can I find the form 990 for Information Technology Industry Council?
Information Technology Industry Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.itic.org
Learn more at the official website: www.itic.org
Mission Statement of Information Technology Industry Council
The Information Technology Industry Council (ITIC) is a notable organization that strives to boost the global competitiveness of its member companies. With a vision to shape the policy landscape and set industry standards, ITIC creates an environment conducive to business growth on a global scale.
In pursuit of this mission, ITIC assists its members in achieving their policy objectives. By fostering relationships with influential figures, including members of Congress, administration officials, and international markets, ITIC plays a pivotal role in driving policy decisions that favor innovation and growth. Moreover, the organization facilitates industry-wide consensus on significant policy issues, ensuring a united front for the technology sector.
ITIC's efforts extend beyond domestic policy. It works diligently to enact pro-innovation government policies, aiming to eliminate barriers that could hinder technological advancements. A key focus of ITIC's endeavors is increasing access to global markets, enabling businesses to expand their reach and enhance their competitiveness. Furthermore, ITIC advocates for the expansion of e-commerce, protecting consumer choice, and promoting global competitiveness within the industry.
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Impact
October, 2024
The Information Technology Industry Council (ITI) plays a pivotal role in enhancing the global competitiveness of its member companies by advocating for pro-innovation government policies and reducing barriers that hinder growth and innovation. ITI engages with members of Congress, administration officials, and international markets to align policy objectives with industry interests, creating an environment conducive to technological advancement.
Through organizing industry-wide consensus on critical policy issues, ITI facilitates collaboration among its members, ensuring a unified voice in legislative discussions. Their efforts focus on promoting e-commerce expansion, protecting consumer choice, and increasing access to global markets, directly impacting the IT landscape and economic landscape at large. By shaping pivotal policy issues and driving standards, ITI fosters a business environment that encourages innovation and competitiveness on a global scale. This comprehensive approach not only benefits its members but also contributes to the overall improvement of the community and the economy.
This information is meant to be a general summary of Information Technology Industry Council. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$264,495
- Program Service Revenue: $20,775,770
- Gross Receipts: $21,396,486
Assets and Liabilities:
- Total Assets: $23,301,234
- Total Liabilities: $12,159,037
- Net Assets: $11,142,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$17,256,716
SERVICE FEES
Revenue
$1,469,756
MEMBER DIRECTED PROGRA
Revenue
$973,953
PROGRAM FEES
Revenue
$784,900
PUBLICATION SALES
Revenue
$277,304
Organization Details
Founding Year
1994
Phone
(202) 737-8888Principal Officer
Jason Oxman
Main Address
700 K STREET NW 600, WASHINGTON, DC, 20001
Website
www.itic.orgNTEE Category
Code: S41 - Community improvement
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