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Nonprofiteer
← NEW CENTURY TECHNOLOGY COUNCIL INC

Form 990 for tax year 2024

Filed by NEW CENTURY TECHNOLOGY COUNCIL INC.

Totals

Total revenue
$462,569
Total expenses
$311,715
Contributions and grants received
$601,700
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
-$139,131
Total assets, end of year
$304,567
Total liabilities, end of year
$69,796
Net assets or fund balances, end of year
$234,771
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$72,633

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

    $3,400

  • 1f · All other contributions, gifts and grants

    $598,300

  • 8a · Fundraising events: gross income

    $217,971

  • 8b · Fundraising events: direct expenses

    $357,102

  • 8c · Net income from fundraising events

    total -$139,131 · unrelated business $0 · excluded -$139,131

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $182,837 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $39,490 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $14,287 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $12,300 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $25,311 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $11,261 · program services $0 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $6,520 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $1,132 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $917 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Bank & processing fees

    total $221 · program services $0 · management and general $0 · fundraising $0

  • 24b · Other expenses: Dues & subscriptions

    total $15,423 · program services $0 · management and general $0 · fundraising $0

  • 24c · Other expenses: Other taxes

    total $2,016 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $67,647 · end of year $183,584

  • 4 · Accounts receivable

    beginning of year $110,019 · end of year $103,821

  • 9 · Prepaid expenses and deferred charges

    end of year $17,100

  • 15 · Other assets

    beginning of year $62 · end of year $62

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,462 · end of year $6,333

  • 19 · Deferred revenue

    beginning of year $88,725 · end of year $60,839

  • 25 · Other liabilities

    beginning of year $2,624 · end of year $2,624

  • 31 · Retained earnings, endowment or other funds

    beginning of year $83,917 · end of year $234,771

Mission and programs · 2024

Mission

RBTC is an extensive network of technology professionals, businesses, and organizations collaborating to create a nationally recognized innovation ecosystem through entrepreneurship, programming, mentoring, and leadership.

  • TechNite - spring annual membership award banquest for technology achievements. TechNite is a recognition event which significantly raises the awareness of the technology business in the community. The result of this recognition is to increase interest, investment, and employment within technology companies that are members of the RBTC.

    Expenses $58,183 · Revenue $100,523

  • Roundtable - peer forums provided a venue for information exchange and relationship development geared toward stregthening the local technology industry.

    Expenses $14,450 · Revenue $21,150

As filed on the 2024 return.

Listed in Part VII

  • Eddie Amos

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Amy Ankrum

    Co-Chair & Executive Member

    Total calculated
    $0
    Hours/week
    3
  • Henry Bass

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Kevin Bloomfield

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Grant Brewer

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Harvey Brookins

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Art Espey

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Conaway Haskins

    General Director

    Total calculated
    $0
    Hours/week
    1
  • John Newby

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Kathy Claytor

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Nick Conte

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Steve Critchfield

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Rob Day

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Kim Snyder

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Russ Ellis

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • William Fralin

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Michael Friedlander PhD

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Cheryl Giggetts

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Aileen Helsel

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Pat Huber PhD

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Angela Joyner PhD

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth McClanahan

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Jeff Merritt

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Marty Muscatello

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • Patrick Patterson

    Executive Member

    Total calculated
    $0
    Hours/week
    1
  • John Rainone PhD

    General Director

    Total calculated
    $0
    Hours/week
    1
  • James Ramey

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Rob Sanchez

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Robert Sandel PhD

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Jeff Smith

    Co-Chair & Executive Member

    Total calculated
    $0
    Hours/week
    3
  • Brian Soller PhD

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Daniel Summerlin

    Secretary & Executive Member

    Total calculated
    $0
    Hours/week
    2
  • Marjorie Tenzer

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Clark Worthy

    General Director

    Total calculated
    $0
    Hours/week
    1
  • Justin Yalung

    Treasurer & Executive Member

    Total calculated
    $0
    Hours/week
    2
  • Micah Almond

    Executive Member

    Total calculated
    $0
    Hours/week
    1

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
2024
Filed
18 February 2025
IRS schema version
2024v5.0
Source object
202510569349301346

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