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Nonprofiteer
← THE SILICON VALLEY LEADERSHIP GROUP

Form 990 for tax year 2024

Filed by THE SILICON VALLEY LEADERSHIP GROUP.

Totals

Total revenue
$4,221,475
Total expenses
$3,983,590
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$4,221,304
Investment income
$171
Other revenue
$0
Total assets, end of year
$3,313,135
Total liabilities, end of year
$4,162,060
Net assets or fund balances, end of year
-$848,925
Program services expenses (Part IX)
$3,494,697
Management and general expenses
$422,730
Fundraising expenses
$66,163
Program service expenses (Part III)
$3,494,697

Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $3,633,480 · related or exempt $3,633,480

  • 2b · Program service revenue: MISC. SPECIAL PROJECTS

    total $336,818 · related or exempt $336,818

  • 2c · Program service revenue: OTHER PROJECT INCOME

    total $251,006 · related or exempt $251,006

  • 3 · Investment income

    total $171 · excluded $171

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,420,000 · program services $1,278,000 · management and general $113,600 · fundraising $28,400

  • 7 · Other salaries and wages

    total $1,235,612 · program services $1,112,051 · management and general $98,849 · fundraising $24,712

  • 8 · Pension plan contributions

    total $71,723 · program services $64,551 · management and general $5,738 · fundraising $1,434

  • 9 · Other employee benefits

    total $105,541 · program services $94,987 · management and general $8,443 · fundraising $2,111

  • 10 · Payroll taxes

    total $163,157 · program services $146,841 · management and general $13,053 · fundraising $3,263

  • 11c · Fees: accounting

    total $11,002 · management and general $11,002

  • 11g · Fees: other

    total $442,658 · program services $311,376 · management and general $131,282

  • 12 · Advertising and promotion

    total $15,957 · program services $15,957

  • 13 · Office expenses

    total $64,087 · program services $53,109 · management and general $10,626 · fundraising $352

  • 16 · Occupancy

    total $281,324 · program services $253,192 · management and general $22,506 · fundraising $5,626

  • 17 · Travel

    total $26,754 · program services $26,754

  • 19 · Conferences, conventions and meetings

    total $4,006 · program services $3,555 · management and general $341 · fundraising $110

  • 22 · Depreciation, depletion and amortization

    total $7,770 · program services $6,993 · management and general $622 · fundraising $155

  • 23 · Insurance

    total $25,986 · program services $23,387 · management and general $2,599

  • 24a · Other expenses: ADVOCACY FIRM

    total $81,885 · program services $81,885

  • 24b · Other expenses: SPECIAL PROJECT EXPENSE

    total $14,779 · program services $14,779

  • 24c · Other expenses: OTHER EXPENSES

    total $7,300 · program services $7,280 · management and general $20

  • 24d · Other expenses: BANK SERVICE CHARGES

    total $4,049 · management and general $4,049

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $194,438

  • 2 · Savings and temporary cash investments

    beginning of year $481,017 · end of year $375,550

  • 4 · Accounts receivable

    beginning of year $182,116 · end of year $1,947,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,974 · end of year $1,674

  • 10a · Land, buildings and equipment: cost or other basis

    $67,198

  • 10b · Land, buildings and equipment: accumulated depreciation

    $66,417

  • 10c · Land, buildings and equipment, net

    beginning of year $8,550 · end of year $781

  • 15 · Other assets

    beginning of year $1,035,125 · end of year $793,192

  • 17 · Accounts payable and accrued expenses

    beginning of year $504,245 · end of year $494,950

  • 19 · Deferred revenue

    beginning of year $978,930 · end of year $2,097,500

  • 25 · Other liabilities

    beginning of year $1,313,069 · end of year $1,569,610

  • 27 · Net assets without donor restrictions

    beginning of year -$1,127,462 · end of year -$848,925

  • 28 · Net assets with donor restrictions

    beginning of year $40,000 · end of year $0

Mission and programs · 2024

Mission

TO INVOLVE PRINCIPAL OFFICERS AND SENIOR MANAGERS OF MEMBER COMPANIES IN A COOPERATIVE EFFORT WITH LOCAL, REGIONAL, STATE, AND FEDERAL GOVERNMENT OFFICIALS TO ADDRESS MAJOR PUBLIC POLICY ISSUES AFFECTING THE ECONOMIC HEALTH AND QUALITY OF LIFE IN SILICON VALLEY.

Activities or mission (Part I)

TO IMPROVE THE GENERAL BUSINESS CONDITIONS AND QUALITY OF LIFE IN AND AROUND SILICON VALLEY.

  • CIVIC IMPACTAS PART OF SVLG'S CIVIC IMPACT CENTER OF EXPERTISE, EDUCATION AND WORKFORCE STAFF ADVANCED MULTIPLE INITIATIVES IN 2024 TO EXPAND DIVERSE TALENT PIPELINES. THROUGH THE SVLG STANFORD HBCU PROGRAM, A PARTNERSHIP CONNECTING STUDENTS FROM HISTORICALLY BLACK COLLEGES AND UNIVERSITIES TO SILICON VALLEY EMPLOYERS, SVLG GENERATED 14 INTERNSHIP AND NEW-GRAD APPLICATIONS FOR 40 COMPETITIVE ROLES WITH COMPANIES LIKE IBM, CADENCE, AND HNTB. AS PART OF THE BAY AREA K-16 COLLABORATIVE, A REGIONAL EMPLOYER EDUCATION PARTNERSHIP, WE ALSO HOSTED THREE WORKSITE VISITS THAT CONNECTED 70 STUDENTS AND FACULTY FROM CITY COLLEGE OF SAN FRANCISCO, CHABOT COLLEGE, AND EVERGREEN.

    Expenses $3,494,697

  • TECHNOLOGY AND INNOVATIONTHE TECHNOLOGY + INNOVATION COMMITTEE'S MAIN EFFORTS INVOLVED ARTIFICIAL INTELLIGENCE (AI) MATTERS. THE COMMITTEE KEPT MEMBER COMPANIES ABREAST OF DEVELOPMENTS AT THE FEDERAL AND STATE LEVEL. THE LEADERSHIP GROUPS I-CAP INITIATIVE REGARDING AI POLICY ISSUES WAS ALSO UNDER THE AUSPICES OF THE COMMITTEE. THE LEADERSHIP GROUP OPPOSED CALIFORNIA LEGISLATION THAT WOULD HAVE BURDENED MEMBER COMPANIES WITH MANY REQUIREMENTS THAT WOULD HAVE MADE IT MUCH MORE DIFFICULT TO MAKE AI ADVANCES. WE MET WITH AI BILL AUTHORS TO SHARE MEMBER PERSPECTIVES. WE ALSO ORGANIZED OPPOSITION TO THE CALIFORNIA PRIVACY PROTECTION COMMISSION'S AGGRESSIVE RESTRICTIONS ON AI DEVELOPMENT THAT WERE FAR OUTSIDE THE COMMISSION'S JURISDICTION OVER PRIVACY ISSUES.WE CONTINUED ONGOING EFFORTS TO SUPPORT MEMBER COMPANY INTERESTS RELATED TO HEAVY-DUTY AUTONOMOUS VEHICLES.

  • TAX POLICYDURING 2024, THE LEADERSHIP GROUP TAX COMMITTEE HAD MONTHLY MEETINGS DURING WHICH ACCOUNTING FIRMS MADE PRESENTATIONS ABOUT CURRENT TAX LAW AND POLICY TOPICS. IN ADDITION, THE LEADERSHIP GROUP SUPPORTED SEVERAL PIECES OF TAX LEGISLATION TO SIMPLIFY FILINGS, EXPAND BUSINESS-FOCUSED TAX CREDITS, AND ENHANCE BUSINESS COMPETITIVENESS. THE LEADERSHIP GROUP SUCCESSFULLY OPPOSED SEVERAL BILLS THAT WOULD HAVE IMPOSED NEW TAXES OR INCREASED COSTS FOR BUSINESS, HARMING THE COMPETITIVENESS OF THE INNOVATION ECONOMY.THE LEADERSHIP GROUP SUPPORTED SEVERAL PIECES OF TAX LEGISLATION TO SIMPLIFY FILINGS, EXPAND BUSINESS-FOCUSED TAX CREDITS, AND ENHANCE BUSINESS COMPETITIVENESS IN SILICON VALLEY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • AHMAD THOMAS

    CEO

    Total calculated
    $565,350
    From this org
    $555,000
    From related orgs
    $0
    Other
    $10,350
    Hours/week
    40

  • JED YORK

    CHAIR

    Total calculated
    $0
    Hours/week
    6

  • ERIC YUAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • JAMES GUTIERREZ

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • VICTORIAVICKI HUFF ECKERT

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • AART DE GEUS

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • AHMAD THOMAS

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • ALAN LOWE

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • KIM POLESE

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • PAUL KING

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • RAO MULPURI

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • SHARON RYAN

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • TOM WERNER

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • VINTAGE FOSTER

    EXECUTIVE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • TONI VANWINKLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ANDREW HARRISON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RAQUEL GONZALEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • STEVE CONLY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JIGAR SHAH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CARINA RUIZ SINGH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DEAN FEALK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • TRAVIS KIYOTA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DAVID CHUN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • LEE LAMBERT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ALLEN NAPETIAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KEN GOLDMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • LAURA GUIO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DAVID HEARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JAIME WONG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • STACY FELD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ERIC HENRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • BOBBY BELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RON LOPES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DOUG GRAHAM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ERIC KUTCHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JUAN SALAZAR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JEFFREY JEFF THOMAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • STACY OWEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • TARKAN MANER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CHRIS PATTERSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • BRYAN MCLAUGHLIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM BILL NAGEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CYNTHIA TENIENTE-MATSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JULIE SULLIVAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • YAAD OREN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ELIZABETHLIZZ VILARDO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • SAM COBBS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • PAPIA GAMBELIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CYNTHIA LARIVE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RUDY REYES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MATT ROSSIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ERIC HOUSER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CYNTHIA TREGILLIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • LAURA WILKINSON

    HIGHEST PAID EMPLOYEE

    Total calculated
    $235,000
    From this org
    $235,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $235,000

  • DANIEL KOSTENBAUDER

    HIGHEST PAID EMPLOYEE

    Total calculated
    $157,500
    From this org
    $150,000
    From related orgs
    $0
    Other
    $7,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,000
    Bonus
    $0
    Other
    $0
    Deferred
    $7,500
    Nontaxable benefits
    $0
    Filer's total
    $157,500

  • PETER LEROE-MUNOZ

    HIGHEST PAID EMPLOYEE

    Total calculated
    $261,500
    From this org
    $250,000
    From related orgs
    $0
    Other
    $11,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,144
    Bonus
    $0
    Other
    $6,856
    Deferred
    $11,500
    Nontaxable benefits
    $0
    Filer's total
    $261,500

  • NADIA ANDERSON

    HIGHEST PAID EMPLOYEE

    Total calculated
    $230,000
    From this org
    $230,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,177
    Bonus
    $0
    Other
    $2,823
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $230,000

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • AHMAD THOMAS

    CEO

    Schedule J breakdown

    Base
    $555,000
    Bonus
    $0
    Other
    $0
    Deferred
    $10,350
    Nontaxable benefits
    $0
    Filer's total
    $565,350

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533219349301538

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