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Nonprofiteer
← GTIA INVESTMENTS NFP INC

Form 990 for tax year 2022

Filed by GTIA INVESTMENTS NFP INC.

Totals

Total revenue
$3,100,685
Total expenses
$222,337
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$3,100,685
Other revenue
$0
Total assets, end of year
$70,239,772
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$70,239,772
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 3 · Investment income

    total $3,100,685 · excluded $3,100,685

Functional expenses

Part IX, the statement of functional expenses.

  • 22 · Depreciation, depletion and amortization

    total $189,444

  • 24a · Other expenses: BANK FEES

    total $32,893

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $332,327 · end of year $118,340

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,000 · end of year $0

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

    $6,611,158

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

    $470,816

  • 10c · Land, buildings and equipment, net

    beginning of year $6,329,793 · end of year $6,140,342

  • 11 · Investments: publicly traded securities

    beginning of year $95,480,895 · end of year $83,508,690

  • 12 · Investments: other securities

    beginning of year $909,687 · end of year $2,118,545

  • 15 · Other assets

    beginning of year -$21,621,631 · end of year -$21,646,145

  • 27 · Net assets without donor restrictions

    beginning of year $81,434,071 · end of year $70,239,772

Mission and programs · 2022

Mission

THE ORGANIZATION'S MISSION IS TO MANAGE AND HOLD THE INVESTMENT PORTFOLIO OF A 501(C)(6) ORGANIZATION. IN ADDITION, THE ORGANIZATION CAN ACQUIRE, OWN, AND SELL COMMERCIAL REAL ESTATE ON BEHALF OF THE SAME 501(C)(6) ORGANIZATION.

Activities or mission (Part I)

INVESTMENT HOLDING COMPANY FOR A 501(C)(6) ORGANIZATION.

  • MANAGE AND HOLD THE INVESTMENT PORTFOLIO OF THE COMPUTINGTECHNOLOGY INDUSTRY ASSOCIATION, A 501(C)(6) ORGANIZATION.

  • OWNS COMMERCIAL REAL ESTATE FOR THE COMPUTING TECHNOLOGY INDUSTRYASSOCIATION, A 501(C)(6) ORGANIZATION.

As filed on the 2022 return.

Listed in Part VII

  • TODD THIBODEAUX

    DIRECTOR

    Total calculated
    $1,587,602
    From this org
    $0
    From related orgs
    $1,554,741
    Other
    $32,861
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $842,634 related
    Bonus
    $0 + $598,500 related
    Other
    $0 + $113,607 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $14,561 related
    Filer's total
    $0 + $1,587,602 related

  • COURTNEY FONG

    DIRECTOR

    Total calculated
    $626,305
    From this org
    $0
    From related orgs
    $592,444
    Other
    $33,861
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $371,692 related
    Bonus
    $0 + $198,442 related
    Other
    $0 + $22,310 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $15,561 related
    Filer's total
    $0 + $626,305 related

  • BRIAN LAFFEY

    DIRECTOR

    Total calculated
    $466,437
    From this org
    $0
    From related orgs
    $429,043
    Other
    $37,394
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $269,707 related
    Bonus
    $0 + $126,000 related
    Other
    $0 + $33,336 related
    Deferred
    $0 + $16,333 related
    Nontaxable benefits
    $0 + $21,061 related
    Filer's total
    $0 + $466,437 related

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 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

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
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202313179349305336

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