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Gtc Group

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473957628 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Gtc Group?

Gtc Group is a nonprofit organization that plays a significant role in the transportation sector. Their primary mission is to organize the annual Governor's Transportation Conference, which they successfully held in 2020 and 2021 in a virtual format. This conference is a significant event in their calendar, aimed at bringing together stakeholders and experts in the field of transportation. The organization is dedicated to promoting discussions and advancements in this sector, contributing to the betterment of the transportation system.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 63%)

Gtc Group has received a rating of "Needs Improvement" from Charity Navigator, reflecting a two-star rating with a score of 63%. The organization excels in accountability and finance, achieving a perfect score of 100% in this category. This indicates strong financial management and commitment to transparency in their operations. However, the organization struggles with several governance issues, notably an independent board size and a lack of key policies that are critical for effective oversight.

Several limitations were identified in the governance practices of Gtc Group. The organization received zero points for having an independent board size and for lacking essential policies such as conflict of interest and whistleblower protections. Additionally, the failure to post its tax form on its website and a lower score in documentation practices suggest areas for improvement in transparency and stakeholder communication.

Despite these governance challenges, Gtc Group maintains a solid program expense ratio, showing that a significant portion of its expenditures is directed towards programs. This focus on programmatic expenses is a key strength, indicating that the organization is prioritizing its mission-driven activities, even as it works to enhance its governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Gtc Group legitimate?

Gtc Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gtc Group submitted a form 990EZ, 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.

What is the mission statement of Gtc Group?

The Gtc Group's primary mission is centered around organizing the annual Governor's Transportation Conference. In 2020, they successfully held a virtual edition of this event. Subsequently, they continued this tradition in 2021 as well, demonstrating their commitment to this annual event. The conference aims to serve as a platform for discussions and advancements in the transportation sector. Although the mission statement is not explicitly stated, the group's focus on hosting this conference suggests a commitment to promoting transportation-related dialogue and progress.

Who is the CEO of Gtc Group?

Georgia Esposito is the Secretary of Gtc Group.

What is the revenue of Gtc Group?

Gtc Group's revenue in 2022 was $193,483.

Who are the executives of Gtc Group and what are their salaries?


Here are 2 key members and their salaries:


Grindly Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Esposito (Secretary)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gtc Group?

Gtc Group's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Gtc Group

Gtc Group, as stated in its mission, is dedicated to organizing and hosting the annual Governor's Transportation Conference. This nonprofit organization has successfully held the 2020 conference in a virtual format and followed it up with the 2021 conference in person. The primary objective of Gtc Group is to facilitate a platform for discussions and exchanges related to transportation, bringing together stakeholders from various sectors. By doing so, the organization aims to contribute to the advancement of the transportation sector and promote sustainable transportation policies.

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Impact




October, 2024

Gtc Group has significantly impacted the transportation landscape in Virginia through the organization of the Governor's Transportation Conference. By facilitating this annual event, Gtc Group brings together key stakeholders, including government officials, transportation leaders, and industry experts, to discuss critical issues and advancements in transportation. The conferences serve as a platform for sharing knowledge, fostering collaboration, and exploring innovative solutions to enhance transportation infrastructure and services in the state.

The virtual format of the 2020 conference allowed for broader participation, ensuring that diverse voices and perspectives contributed to the discussions. By continuing this tradition in 2021 and beyond, Gtc Group plays a crucial role in shaping transportation policy and practice, addressing challenges such as sustainability, funding, and technological innovation. Ultimately, Gtc Group's efforts help improve public transportation systems, promote accessibility, and enhance mobility for all Virginians, thereby contributing to the overall public benefit in the region.




This information is meant to be a general summary of Gtc Group. 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.

Revenue
$193,483 (2022)
Expenses
$334,612 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Program Service Revenue: $193,480
  • Gross Receipts: $193,483

Assets and Liabilities:

  • Total Assets: $13,064
  • Total Liabilities: $0
  • Net Assets: $13,064

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Organization Details

Principal Officer

Georgia Esposito

Main Address

PO Box 18250, Richmond, VA, 23226

NTEE Category

Code: W01 - Public benefit

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