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Nonprofiteer
← CHIPS NETWORK INC

Form 990 for tax year 2024

Filed by CHIPS NETWORK INC.

Totals

Total revenue
$3,304,287
Total expenses
$2,788,555
Contributions and grants received
$1,835,936
Grants paid
$25,587
Program service revenue
$1,320,167
Investment income
$148,184
Other revenue
$0
Total assets, end of year
$4,261,274
Total liabilities, end of year
$441,813
Net assets or fund balances, end of year
$3,819,461
Program services expenses (Part IX)
$2,200,317
Management and general expenses
$270,018
Fundraising expenses
$318,220
Program service expenses (Part III)
$2,200,317

Program services were 78.9% 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.

  • 1f · All other contributions, gifts and grants

    $1,835,936

  • 2a · Program service revenue: REGISTRATION FEES

    total $1,320,056 · related or exempt $1,320,056

  • 2b · Program service revenue: CREDIT CARD REWARD

    total $111 · related or exempt $111

  • 3 · Investment income

    total $148,184 · excluded $148,184

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $25,587 · program services $25,587

  • 5 · Compensation of officers, directors and key employees

    total $360,473 · program services $216,284 · management and general $61,280 · fundraising $82,909

  • 7 · Other salaries and wages

    total $688,815 · program services $417,486 · management and general $110,803 · fundraising $160,526

  • 8 · Pension plan contributions

    total $40,827 · program services $25,034 · management and general $6,800 · fundraising $8,993

  • 9 · Other employee benefits

    total $90,676 · program services $40,272 · management and general $25,347 · fundraising $25,057

  • 10 · Payroll taxes

    total $76,260 · program services $46,061 · management and general $12,507 · fundraising $17,692

  • 11c · Fees: accounting

    total $29,515 · management and general $29,515

  • 11f · Fees: investment management

    total $150 · management and general $150

  • 11g · Fees: other

    total $58,301 · program services $56,819 · management and general $1,077 · fundraising $405

  • 12 · Advertising and promotion

    total $17,832 · program services $17,832

  • 13 · Office expenses

    total $29,534 · program services $20,856 · management and general $4,294 · fundraising $4,384

  • 14 · Information technology

    total $136,603 · program services $117,905 · management and general $9,787 · fundraising $8,911

  • 16 · Occupancy

    total $43,443 · program services $43,443

  • 17 · Travel

    total $103,820 · program services $87,249 · management and general $7,973 · fundraising $8,598

  • 19 · Conferences, conventions and meetings

    total $1,078,970 · program services $1,078,970

  • 23 · Insurance

    total $7,749 · program services $6,519 · management and general $485 · fundraising $745

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,137,907 · end of year $1,020,928

  • 4 · Accounts receivable

    beginning of year $123,282 · end of year $193,293

  • 9 · Prepaid expenses and deferred charges

    beginning of year $63,100 · end of year $222,931

  • 11 · Investments: publicly traded securities

    beginning of year $2,135,473 · end of year $2,824,122

  • 17 · Accounts payable and accrued expenses

    beginning of year $98,188 · end of year $71,313

  • 19 · Deferred revenue

    beginning of year $171,845 · end of year $370,500

  • 25 · Other liabilities

    beginning of year $30,353 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,083,510 · end of year $3,686,675

  • 28 · Net assets with donor restrictions

    beginning of year $75,866 · end of year $132,786

Mission and programs · 2024

Mission

CHIPS NETWORK, INC. ADVANCES AND CONNECTS WOMEN IN TECHNOLOGY, LAW AND POLICY. WE SEEK TO ACCELERATE INNOVATION THROUGH DIVERSITY OF THOUGHT, PARTICIPATION AND ENGAGEMENT.

Activities or mission (Part I)

NONPROFIT PROFESSIONAL ASSN THAT ADVANCES AND CONNECTS WOMEN IN TECHNOLOGY, LAW, AND POLICY. WE ACCELERATE INNOVATION THROUGH DIVERSITY OF THOUGHT, PARTICIPATION, AND ENGAGEMENT.

  • CHIPS HAS MORE THAN 9,000 MEMBERS ON 5 CONTINENTS AND 31 GLOBAL CHAPTERS THAT ADVANCE OUR MISSION TO ADVANCE AND CONNECT WOMEN IN TECHNOLOGY, LAW AND POLICY. OUR MAIN PROGRAMS ARE: GLOBAL SUMMIT, NEXTGEN SUMMIT, MOCK PROGRAMS, GENERAL COUNSEL BOOTCAMP, WEBINARS, AND SUPPORTING NETWORKING AND LEARNING PROGRAMS THROUGH OUR CHAPTERS IN THE U.S., CANADA, SOUTH AMERICA, EUROPE, SOUTH AFRICA, AND AUSTRALIA/NEW ZEALAND. OUR SCHOLARSHIP PROGRAM FUNDS LAW SCHOOL STUDENTS WHO DEMONSTRATE A COMMITMENT TO A CAREER IN INTELLECTUAL PROPERTY LAW.

    Expenses $2,200,317 · Grants $25,587 · Revenue $1,320,167

As filed on the 2024 return.

Listed in Part VII

  • Cyndi Wheeler

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Yokoyama

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katherine Minarik

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Burns

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sarita Venkat

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Victoria Espinel

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Robinson

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dorian Daley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joan Toth

    EXECUTIVE DIRECTOR

    Total calculated
    $249,199
    From this org
    $221,562
    From related orgs
    $0
    Other
    $27,637
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $190,967
    Bonus
    $30,595
    Other
    $0
    Deferred
    $9,301
    Nontaxable benefits
    $18,336
    Filer's total
    $249,199
  • Julie Morbidelli

    DIRECTOR OF FINANCE & OPERATIONS

    Total calculated
    $111,274
    From this org
    $88,484
    From related orgs
    $0
    Other
    $22,790
    Hours/week
    30
  • Virginia Moore

    DIRECTOR OF EVENTS

    Total calculated
    $176,622
    From this org
    $159,161
    From related orgs
    $0
    Other
    $17,461
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,793
    Bonus
    $15,368
    Other
    $0
    Deferred
    $6,492
    Nontaxable benefits
    $10,969
    Filer's total
    $176,622
  • Monica Phillips

    DIRECTOR OF LEARNING, CONTENT AND DEI

    Total calculated
    $173,632
    From this org
    $155,272
    From related orgs
    $0
    Other
    $18,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,272
    Bonus
    $15,000
    Other
    $0
    Deferred
    $6,492
    Nontaxable benefits
    $11,868
    Filer's total
    $173,632
  • Bridget Johnson

    DIRECTOR OF BUSINESS DEVELOPMENT AND PARTNERSHIPS

    Total calculated
    $184,184
    From this org
    $159,201
    From related orgs
    $0
    Other
    $24,983
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,261
    Bonus
    $15,940
    Other
    $0
    Deferred
    $5,892
    Nontaxable benefits
    $19,091
    Filer's total
    $184,184
  • Stephanie McFee

    DIRECTOR OF MEMBERSHIP & COMMUNITY

    Total calculated
    $125,545
    From this org
    $109,509
    From related orgs
    $0
    Other
    $16,036
    Hours/week
    40

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

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503219349308230

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