Silicon Valley Employers Forum
- Assets
- $4.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 10
- Location
- San Carlos, CA
- Founding
- 10/2008
- Data as of
- 12/2023
- EIN
- 20-0763942
Organization Overview
Silicon Valley Employers Forum is located in San Carlos, CA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Silicon Valley Employers Forum employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Employers Forum is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Silicon Valley Employers Forum generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 15.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD COLLECTIVE INTELLIGENCE REGARDING CORPORATE & EMPLOYEE BENEFITS & INT'L BENEFITS ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SILICON VALLEY EMPLOYERS' FORUM (SVEF)IS A COALITION OF 65 HIGH TECHNOLOGY EMPLOYERS WITH A GLOBAL PRESENCE. THE MISSION IS TO BUILD COLLECTIVE INTELLIGENCE REGARDING CORPORATE EMPLOYEE BENEFITS.
THE SILICON VALLEY EMPLOYERS' FORUM (SVEF)IS A COALITION OF 65 HIGH TECHNOLOGY EMPLOYERS WITH A GLOBAL PRESENCE. THE MISSION IS TO BUILD COLLECTIVE INTELLIGENCE REGARDING CORPORATE EMPLOYEE BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Yee Executive Di | Officer | 40 | $480,001 |
Dana Armanino Board Member | Trustee | 1 | $0 |
Tracy Desmond Board Member | Trustee | 1 | $0 |
Tracey Gannon Board Member | Trustee | 1 | $0 |
Abby Hollingsworth Board Member | Trustee | 1 | $0 |
Jeanine Kaji Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,541,538 |
| Investment income | $21,517 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $761,196 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,324,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $480,001 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,085,937 |
| Pension plan accruals and contributions | $30,880 |
| Other employee benefits | $92,395 |
| Payroll taxes | $93,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $474,809 |
| Advertising and promotion | $0 |
| Office expenses | $2,051 |
| Information technology | $73,684 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,835 |
| Interest | $371 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,029 |
| Insurance | $17,558 |
| All other expenses | $17,440 |
| Total functional expenses | $2,423,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,951,609 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,019,931 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,187 |
| Net Land, buildings, and equipment | $2,402 |
| Investments—publicly traded securities | $1,260,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,771 |
| Total assets | $4,276,372 |
| Accounts payable and accrued expenses | $19,477 |
| Grants payable | $0 |
| Deferred revenue | $2,166,278 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $476,515 |
| Total liabilities | $2,662,270 |
| Net assets without donor restrictions | $1,614,102 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,276,372 |