Overview
What is United States Information Technology Office - Usito?
The United States Information Technology Office, also known as Usito, is a private, non-profit organization situated in Campbell, California. Its primary mission is to promote cooperation and trade between the United States and China's growing information technology sectors. Usito achieves this goal by serving as a platform for US companies to interact with government officials, corporate executives, and other industry professionals in China. The organization is a consortium formed by notable associations such as the Software & Information Industry Association, Semiconductor Industry Association, Information Technology Industry Council, and Telecommunications Industry Association. Usito's membership is open to all US corporations operating in the telecommunications, information, and high-tech industries, with a team of just two dedicated individuals.
Official website here: www.usito.org
Is United States Information Technology Office - Usito legitimate?
United States Information Technology Office - Usito is a legitimate nonprofit organization registered as a 501(c)(6) entity. United States Information Technology Office - Usito 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: $497,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $520,208
For more financial information, click here
Official website here: www.usito.org
What is the mission statement of United States Information Technology Office - Usito?
The United States Information Technology Office (Usito), a private, non-profit organization, is dedicated to fostering trade and collaboration in the information technology sectors of both the United States and China. Its primary goal is to boost the market share of U.S. companies within China's rapidly expanding and developing information technology sector. Usito is a consortium formed by prominent industry associations such as the Software & Information Industry Association, Semiconductor Industry Association, Information Technology Industry Council, and Telecommunications Industry Association. Usito's membership is open to all U.S. corporations operating in the telecommunications, information, and high-tech industries.
Official website here: www.usito.org
What is the revenue of United States Information Technology Office - Usito?
United States Information Technology Office - Usito's revenue in 2024 was $1,637,818.
Official website here: www.usito.org
Who are the executives of United States Information Technology Office - Usito and what are their salaries?
The average compensation at United States Information Technology Office - Usito during 2024 was $509,064. There are 2 employees and 100 volunteers at United States Information Technology Office - Usito.
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Official website here: www.usito.org
Where can I find the form 990 for United States Information Technology Office - Usito?
United States Information Technology Office - Usito's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.usito.org
Learn more at the official website: www.usito.org
Mission Statement of United States Information Technology Office - Usito
The United States Information Technology Office (Usito), a private, non-profit trade association, is dedicated to fostering cooperation and promoting trade in the rapidly expanding information technology sectors of both the United States and China. With a mission to enhance the market share of American companies in China's budding tech sector, Usito serves as a consortium, uniting four prominent industry associations: the Software & Information Industry Association, the Semiconductor Industry Association, the Information Technology Industry Council, and the Telecommunications Industry Association. This diverse alliance extends its membership to all US corporations operating within the telecommunications, information, and high-tech industries. By connecting and collaborating with key players in both nations, Usito strives to create mutually beneficial opportunities for growth and development in the global information technology landscape.
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Impact
October, 2024
The United States Information Technology Office (USITO) significantly impacts the information technology landscape by fostering trade and cooperation between the United States and China. By acting as a bridge for U.S. companies seeking to expand their presence in China's burgeoning IT market, USITO plays a crucial role in increasing the market share of American firms.
Through hosting delegations, USITO facilitates direct interaction between U.S. corporations and key stakeholders within China's information and telecommunications sectors. This engagement not only helps American companies better understand the local market dynamics but also allows them to navigate regulatory environments and build essential relationships with government officials and corporate leaders.
Furthermore, USITO’s collaboration with major industry associations enhances its ability to address the challenges faced by U.S. businesses abroad and advocate for favorable policies that support trade. This collective effort not only bolsters the competitiveness of U.S. firms but also contributes to the broader goal of improving economic ties between two of the world's largest economies, ultimately strengthening the global IT ecosystem.
This information is meant to be a general summary of United States Information Technology Office - Usito. 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 2024.
- Investment Income: $392
- Gross Receipts: $1,637,818
Assets and Liabilities:
- Total Assets: $3,642,372
- Total Liabilities: $1,824,480
- Net Assets: $1,817,892
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Organization Details
Founding Year
1994
Principal Officer
Christopher Millward
Website
www.usito.orgNTEE Category
Code: S41 - Community improvement
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