Totals
- Total revenue
- $750,398
- Total expenses
- $604,501
- Contributions and grants received
- $750,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $398
- Other revenue
- $0
- Total assets, end of year
- $1,337,480
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,337,480
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
1b · Membership dues
$750,000
-
3 · Investment income
total $398 · excluded $398
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $559,500
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $32,145
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Meetings
total $5,728
-
24b · Other expenses: Website- Social Media
total $3,900
-
24c · Other expenses: General Storage
total $2,027
-
24d · Other expenses: Bank Fees
total $644
-
24e · All other expenses
total $557
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $106,350 · end of year $151,850
-
2 · Savings and temporary cash investments
beginning of year $1,085,232 · end of year $1,185,630
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,191,583 · end of year $1,337,480
Mission and programs · 2022
Mission
TCCs mission is to promote the competitiveness of the U.S. tech sector and advance tech-based solutions to global challenges.
-
Global Competitiveness Advocacy: Encouraged passage & implementation of the CHIPS Act, engaging officials and policymakers in Congress & the Administration. Emphasized the importance of market access and international markets to global leadership when considering limits on exports or investment, recommending high walls around small gardens. Urged holistic policy approaches that considered innovation, tax, trade & infrastructure collectively.
-
AI, Emerging Technologies & the Fourth Industrial Revolution: Worked to expand appreciation for new technologies capacity to increase post-pandemic U.S. economic productivity through more widespread adoption, focusing most heavily on emerging technologies such as advanced semiconductors and artificial intelligence. Urged thoughtful approaches to AI oversight that encouraged competition & innovation and focused on risk rather than technology.
-
Restoring Trust in the Technology Industry: Worked to help policy makers understand how the American technology industry is much broader than ad-supported social media platforms, and how targeted reforms and consumer protections (rather than broad-based regulation) could best restore consumers trust in innovation and innovators and mitigate concerns over competition & consumer protection.
As filed on the 2022 return.
Listed in Part VII
-
Arvind Krishna
CEO IBM
- Total calculated
- $0
- Hours/week
- 0.25
-
Patrick Gelsinger
CEO Intel
- Total calculated
- $0
- Hours/week
- 0.25
-
Michael Dell
CEO Dell
- Total calculated
- $0
- Hours/week
- 0.25
-
Enrique Lores
CEO HP`
- Total calculated
- $0
- Hours/week
- 0.25
-
Safra Catz
CEO Oracle
- Total calculated
- $0
- Hours/week
- 0.25
-
Cristiano Amon
CEO Qualcomm
- Total calculated
- $0
- Hours/week
- 0.25
-
Bruce P Mehlman
Executive Direc
- Total calculated
- $0
- Hours/week
- 20
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440879349301409
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