NORTHERN VIRGINIA TECHNOLOGY COUNCIL FOUNDATION

Address
2214 ROCK HILL ROAD NO 300
HERNDON, VA 20170
Contact
Website: http://www.nvtc.org/about/foundation.php
Phone: +1 (703) 904-7878
Nonprofit
NTEE: J20 - Employment Procurement Assistance, Job Training
EIN: 46-4090178

Mission

THE NVTC FOUNDATION'S PURPOSE IS TO SUPPORT UNEMPLOYED VETERANS OF THE UNITED STATES ARMED SERVICES THROUGH THE SUPPORT OF EMPLOYMENT INITIATIVES FOCUSED ON VETERANS, AND TO PURSUE OTHER CHARITABLE AND EDUCATIONAL INITIATIVES.
 20162015
Basic features of the organization
Year of formation2013
Metropolitan statistical area8872
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel $28,360.00
Sum of reportable (W2/1099) compensation $0.00
Number of employees 0
Number of people compensated >$100k 0
Number of volunteers 2
Number of highly compensated contractors 0
Personnel
Gilmore, Allison
TitleSECRETARYSECRETARY
Name of key/compensated personALLISON GILMOREALLISON GILMORE
Position of compensated person
Current individual trustee or director True
Current officer True
Officer, director, trustee, or key employeeTrue 
Average hours per week working for org 0.50
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs $5,712.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $127,152.00
Average hours per week working for related orgs 40.00
Kallivokas, Christine
TitleTREASURERTREASURER
Name of key/compensated personCHRISTINE KALLIVOKASCHRISTINE KALLIVOKAS
Position of compensated person
Current individual trustee or director True
Current officer True
Officer, director, trustee, or key employeeTrue 
Average hours per week working for org 0.50
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs $17,012.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $233,068.00
Average hours per week working for related orgs 40.00
Kesavan, Sudhakar
TitleDIRECTOR 
Name of key/compensated personSUDHAKAR KESAVAN 
Officer, director, trustee, or key employeeTrue 
Reportable compensation from org$0.00 
Kesavan, Sudhaker
Title DIRECTOR
Name of key/compensated person SUDHAKER KESAVAN
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 0.50
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Average hours per week working for related orgs 2.00
Kilberg, Bobbie
TitlePRESIDENTPRESIDENT
Name of key/compensated personBOBBIE KILBERGBOBBIE KILBERG
Position of compensated person
Current individual trustee or director True
Current officer True
Officer, director, trustee, or key employeeTrue 
Average hours per week working for org 0.50
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs $16,386.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $494,051.00
Average hours per week working for related orgs 40.00
Stottlemyer, Todd
TitleDIRECTORDIRECTOR
Name of key/compensated personTODD STOTTLEMYERTODD STOTTLEMYER
Position of compensated person
Current individual trustee or director True
Officer, director, trustee, or key employeeTrue 
Average hours per week working for org 0.50
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Average hours per week working for related orgs 2.00
Purpose: mission, activities, & accomplishments
Mission or significant activities SUPPORT EMPLOYMENT INITIATIVES FOCUSED ON UNEMPLOYED VETERANS OF THE UNITED STATES ARMED SERVICES
Primary exempt purposeTHE NVTC FOUNDATION'S PURPOSE IS TO SUPPORT UNEMPLOYED VETERANS OF THE UNITED STATES ARMED SERVICES THROUGH THE SUPPORT OF EMPLOYMENT INITIATIVES FOCUSED ON VETERANS, AND TO PURSUE OTHER CHARITABLE AND EDUCATIONAL INITIATIVES. 
Program service expenses, total$118,575.00$120,113.00
Programs, including revenue & expenses
NVTC VETERANS EMPLOYMENT INITIATIVE (VEI): THE NVTC FOUNDATION PROVIDES FUNDING FOR THE NVTC VETERANS EMPLOYMENT INITIATIVE (VEI), WHICH MATCHES VETERANS WITH JOBS, INTERNSHIPS, MENTORSHIPS AND CERTIFICATIONS, WHILE ALSO PROVIDING SUPPORT TO COMPANIES IN THEIR EFFORTS TO HIRE, TRAIN AND RETAIN QUALIFIED VETERAN EMPLOYEES. IN FY 2014-15, THE VEI PROVIDED OVER 70,000 UNIQUE JOB SEEKING VISITORS FREE ACCESS TO THE RESOURCES OF THE WWW.NOVATECHVETS.ORG WEBSITE; DIRECTLY SERVED 368 JOB SEEKERS AT ITS RECRUITING DAYS; PROVIDED SERVICE AND SUPPORT TO 78 JOB SEEKING VETERANS THROUGH THE VETWORKING PROGRAM; FACILITATED MORE THAN 2,563 VETERAN HIRES AMONG NVTC MEMBER COMPANIES IN VIRGINIA; DEVELOPED A NEW RELATIONSHIP WITH THE MILITARY DISTRICT OF WASHINGTON WHICH WILL SIGNIFICANTLY INCREASE THE NUMBERS OF TRANSITIONING SERVICE MEMBERS THE VEI IS ABLE TO SERVE; AND GAINED NATIONAL RECOGNITION AS A "BEST PRACTICE IN DEVELOPING A REGIONAL APPROACH TO THE ISSUES SURROUNDING VETERAN EMPLOYMENT AND EDUCATION," DURING AN EVENT HOSTED BY FIRST LADY MICHELLE OBAMA AND JOINING FORCES.
Program expenses $120,113.00
Program description NVTC VETERANS EMPLOYMENT INITIATIVE (VEI): THE NVTC FOUNDATION PROVIDES FUNDING FOR THE NVTC VETERANS EMPLOYMENT INITIATIVE (VEI), WHICH MATCHES VETERANS WITH JOBS, INTERNSHIPS, MENTORSHIPS AND CERTIFICATIONS, WHILE ALSO PROVIDING SUPPORT TO COMPANIES IN THEIR EFFORTS TO HIRE, TRAIN AND RETAIN QUALIFIED VETERAN EMPLOYEES. IN FY 2014-15, THE VEI PROVIDED OVER 70,000 UNIQUE JOB SEEKING VISITORS FREE ACCESS TO THE RESOURCES OF THE WWW.NOVATECHVETS.ORG WEBSITE; DIRECTLY SERVED 368 JOB SEEKERS AT ITS RECRUITING DAYS; PROVIDED SERVICE AND SUPPORT TO 78 JOB SEEKING VETERANS THROUGH THE VETWORKING PROGRAM; FACILITATED MORE THAN 2,563 VETERAN HIRES AMONG NVTC MEMBER COMPANIES IN VIRGINIA; DEVELOPED A NEW RELATIONSHIP WITH THE MILITARY DISTRICT OF WASHINGTON WHICH WILL SIGNIFICANTLY INCREASE THE NUMBERS OF TRANSITIONING SERVICE MEMBERS THE VEI IS ABLE TO SERVE; AND GAINED NATIONAL RECOGNITION AS A "BEST PRACTICE IN DEVELOPING A REGIONAL APPROACH TO THE ISSUES SURROUNDING VETERAN EMPLOYMENT AND EDUCATION," DURING AN EVENT HOSTED BY FIRST LADY MICHELLE OBAMA AND JOINING FORCES.
Financial data
Revenue
Total revenue$152,746.00$349,600.00
Revenue from contributions (total) $349,500.00
Investment income, current yr $0.00
Total revenue from grants, etc., current yr $349,500.00
Total unrelated business revenue $0.00
Other revenue, current yr $100.00
Net unrelated business taxable revenue $0.00
Program service revenue (total) $0.00
Gross receipts $349,600.00
Sources of contributions
Revenue from all other contributions $349,500.00
Other types of revenue
Miscellaneous revenue (total) $100.00
Net rental income $0.00
Expense categories (totals)
Total functional expenses: sum of all $130,101.00
Total functional expenses: program service  $120,113.00
Total functional expenses: management and general $5,753.00
Total functional expenses: fundraising $4,235.00
Fees for services
Legal fees (total) $289.00
Fundraising service fees (total) $1,373.00
General management fees (total) $2,035.00
Assets and liabilities
Total assets$245,614.00$246,641.00
Total assets, beginning of year$246,641.00 
Total liabilities$3,044.00$27,142.00
Total liabilities, beginning of year$27,142.00 
Unrestricted net assets, end of yr $100.00
Temporarily restricted net assets $219,399.00
Net assets$242,570.00$219,499.00
Cash: non-interest bearing $102,391.00
Cash: non-interest bearing, beginning of year $0.00
Other financial variables
Revenue less expenses $219,499.00
Advertising (total) $700.00
Accounts receivable, net $129,500.00
Prepaid expenses & deferred charges $14,750.00
Accounts payable & accrued expenses $27,142.00
Total net assets or fund balances $219,499.00
Governance and accountability
Number of voting members 5
Number of independent voting members 2
Financial sheets audited True
Audit on consolidated basis True
Accrual accountingTrueTrue
Tax year start date2015-07-012014-07-01
Tax year end date2016-06-012015-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990EZ990
Reason for form submission
First filing True
Date e-filing submitted2017-09-052016-08-02
IRS schema version2015v3.02014v6.0
Filing identifier201721219349200787201611349349302356
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