Form 990 for tax year 2024
Filed by NATIONAL SPECTRUM CONSORTIUM INC.
Totals
- Total revenue
- $212,726,410
- Total expenses
- $212,035,375
- Contributions and grants received
- $2,852,535
- Grants paid
- $0
- Program service revenue
- $209,676,927
- Investment income
- $196,948
- Other revenue
- $0
- Total assets, end of year
- $34,924,537
- Total liabilities, end of year
- $28,515,677
- Net assets or fund balances, end of year
- $6,408,860
- Program services expenses (Part IX)
- $211,094,768
- Management and general expenses
- $940,607
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $211,094,768
Program services were 99.6% 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
$2,313,958
-
1e · Government grants (contributions)
$538,577
-
2a · Program service revenue: REQUEST FOR PROTOTYPE PROPOSAL RE
total $208,816,707 · related or exempt $208,816,707
-
2b · Program service revenue: CLIN005 REVENUE
total $860,220 · related or exempt $860,220
-
3 · Investment income
total $196,948 · excluded $196,948
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $400,000 · program services $160,000 · management and general $240,000
-
7 · Other salaries and wages
total $441,876 · program services $247,106 · management and general $194,770
-
9 · Other employee benefits
total $54,600 · program services $16,026 · management and general $38,574
-
10 · Payroll taxes
total $44,985 · program services $13,204 · management and general $31,781
-
11b · Fees: legal
total $3,920 · management and general $3,920
-
11c · Fees: accounting
total $172,275 · management and general $172,275
-
11d · Fees: lobbying
total $171,920 · program services $171,920
-
11g · Fees: other
total $1,184,946 · program services $1,184,946
-
12 · Advertising and promotion
total $502 · management and general $502
-
13 · Office expenses
total $23,866 · management and general $23,866
-
14 · Information technology
total $289,213 · program services $63,451 · management and general $225,762
-
16 · Occupancy
total $19,900 · program services $19,900
-
17 · Travel
total $48,929 · program services $48,929
-
19 · Conferences, conventions and meetings
total $101,013 · program services $101,013
-
23 · Insurance
total $20,660 · program services $20,660
-
24a · Other expenses: REQUEST FOR PROTOTYPE P
total $208,820,108 · program services $208,820,108
-
24b · Other expenses: TRANSITION SERVICES
total $129,889 · program services $129,889
-
24c · Other expenses: PARTNERSHIPS/SPONSORSHI
total $62,505 · program services $62,505
-
24d · Other expenses: OTHER PROGRAMS
total $21,491 · program services $21,491
-
24e · All other expenses
total $22,777 · program services $13,620 · management and general $9,157
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $6,033,286 · end of year $5,139,970
-
4 · Accounts receivable
beginning of year $5,506,458 · end of year $29,776,083
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $8,484
-
17 · Accounts payable and accrued expenses
beginning of year $5,821,919 · end of year $28,515,677
-
27 · Net assets without donor restrictions
beginning of year $5,717,825 · end of year $6,408,860
Mission and programs · 2024
Mission
THE NATIONAL SPECTRUM CONSORTIUM (NSC) IS A MISSION-DRIVEN NONPROFIT FOCUSED ON ADVANCED WIRELESS TECHNOLOGY DEVELOPMENT IN THE U.S. NSC ACHIEVES THIS VISION BY FACILITATING HIGH-VALUE R&D AND PROTOTYPING PROJECTS DESIGNED TO SOLVE SPECTRUM CHALLENGES THAT CUT ACROSS MULTIPLE INDUSTRY SECTORS, FIELDS OF RESEARCH, AND GOVERNMENT AGENCY RESPONSIBILITIES. NSC IS UNIQUELY ABLE TO FOCUS THE RESOURCES OF INDUSTRY, ACADEMIA, AND GOVERNMENT ON US WIRELESS LEADERSHIP THROUGH ITS OTA CONTRACT VEHICLE AND DIVERSE MEMBERSHIP ORGANIZATION OF OVER 300 COMPANIES AND RESEARCH GROUPS TO BENEFIT THESE MEMBERS AND THE ENTIRE WIRELESS ECOSYSTEM.
Activities or mission (Part I)
THE NATIONAL SPECTRUM CONSORTIUM (NSC) IS A MISSION-DRIVEN NONPROFIT FOCUSED ON ADVANCED WIRELESS TECHNOLOGY DEVELOPMENT IN THE U.S. NSC ACHIEVES THIS VISION BY FACILITATING HIGH-VALUE R&D AND PROTOTYPING PROJECTS DESIGNED TO SOLVE SPECTRUM CHALLENGES THAT CUT ACROSS MULTIPLE INDUSTRY SECTORS, FIELDS OF RESEARCH, AND GOVERNMENT AGENCY RESPONSIBILITIES. NSC IS UNIQUELY ABLE TO FOCUS THE RESOURCES OF INDUSTRY, ACADEMIA, AND GOVERNMENT ON US WIRELESS LEADERSHIP THROUGH ITS OTA CONTRACT VEHICLE AND DIVERSE MEMBERSHIP ORGANIZATION OF OVER 300 COMPANIES AND RESEARCH GROUPS TO BENEFIT THESE MEMBERS AND THE ENTIRE WIRELESS ECOSYSTEM
-
UNDER A DEPARTMENT OF DEFENSE (DOD) SPECTRUM FORWARD OTHER TRANSACTION AGREEMENT (OTA), NSC SUBCONTRACTED AWARDS TO 24 CONSORTIUM MEMBERS. THIS OTA ENABLES A PARTNERSHIP THROUGH WHICH GOVERNMENT AND NSC MEMBERS COLLABORATE TO RESEARCH AND DEVELOP ELECTROMAGNETIC SPECTRUM-RELATED AND SPECTRUM-DEPENDENT TECHNOLOGIES THROUGH PROTOTYPE AND DEVELOPMENT PHASES.
Expenses $209,509,451 · Revenue $208,816,707
-
EACH OTA SUBCONTRACTOR PROVIDES A PRO-RATED FEE TO SUPPORT NSC PROGRAMS, INCLUDING WORKING GROUPS AND MEMBER EVENTS. THROUGH WORKING GROUPS AND MEMBER EVENTS, WE HELP NSC MEMBERS BETTER UNDERSTAND THE PROBLEMS THE GOVERNMENT WOULD LIKE TO SOLVE, AND THE GOVERNMENT LEARNS ABOUT THE STATE OF THE ART FROM OUR WIDE ARRAY OF CONSORTIUM MEMBER INNOVATORS.
Expenses $1,563,826
-
THE DOD FUNDS NSC MANAGEMENT OF OTA PROJECT SUBAWARDS, INCLUDING SOLICITATION OF NEW AWARDS, AMENDING/UPDATING SUBWARD AGREEMENTS, FINANCIAL MANAGEMENT, CONTRACT AND SECURITY COMPLIANCE, AND SUBAWARD CLOSEOUT. IN 2025, NSC OVERSAW THE SOLICITATION OF SIX NEW REQUEST FOR PROTOTYPE PROPOSALS (RPPS) RESULTING IN 14 NEW AWARDS.
Expenses $21,491 · Revenue $860,220
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joseph KochanJOSEPH KOCHAN
EXECUTIVE DIRECTOR, SECRETARY
- Total calculated
- $435,251
- From this org
- $400,000
- From related orgs
- $0
- Other
- $35,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $400,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $35,251
- Filer's total
- $435,251
-
Salvador D'ItriSALVADOR D'ITRI
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Jeffrey EvansJEFFREY EVANS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Apurva ModyAPURVA MODY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lingjia LiuLINGJIA LIU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheryl GencoSHERYL GENCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Art KingART KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Walt MagnussenWALT MAGNUSSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris ChristouCHRIS CHRISTOU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lizy PaulLIZY PAUL
DIRECTOR AS OF 01/01/25
- Total calculated
- $0
- Hours/week
- 1
-
Shaun McCarthySHAUN MCCARTHY
DIRECTOR AS OF 01/01/25
- Total calculated
- $0
- Hours/week
- 1
-
Kamran MahbobiKAMRAN MAHBOBI
DIRECTOR AS OF 06/01/25
- Total calculated
- $0
- Hours/week
- 1
-
Ken RiordanKEN RIORDAN
DIRECTOR THRU 06/01/25
- Total calculated
- $0
- Hours/week
- 1
-
Nancy JemisonNANCY JEMISON
TREASURER
- Total calculated
- $82,699
- From this org
- $82,699
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
John JadhonJOHN JADHON
COO & GENERAL COUNSEL
- Total calculated
- $192,000
- From this org
- $192,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $192,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $192,000
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
Answered yes
None.
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 18 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610509349300211
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