Greater Philadelphia Alliance For Capital And Technologies
- Assets
- $1.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Philadelphia, PA
- Founding
- 12/2001
- Data as of
- 06/2022
- EIN
- 23-3036397
Organization Overview
Greater Philadelphia Alliance For Capital And Technologies is located in Philadelphia, PA. The organization was established in 2001. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Greater Philadelphia Alliance For Capital And Technologies employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Philadelphia Alliance For Capital And Technologies 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 06/2022, Greater Philadelphia Alliance For Capital And Technologies generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GREATER PHILADELPHIA ALLIANCE FOR CAPITAL & TECHNOLOGIES (PACT)'S MISSION IS TO CREATE A STRATEGIC HUB FOR THE REGION'S EMERGING GROWTH COMPANIES IN THE INFORMATION TECHNOLOGY, CLEAN TECHNOLOGY AND LIFE SCIENCESINDUSTRIES, MANIFESTING IN A COMPETITIVE EDGE FOR THE GREATER PHILADELPHIA REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACT CAPITAL CONFERENCE - UNITES THE KEY PLAYERS FROM THE PRIVATE EQUITY, VENTURE CAPITAL AND ENTREPRENEURIAL COMMUNITIES. THIS DAY-AND-A-HALF EVENT OFFERS BOTH SPONSORS AND ATTENDEES ACCESS TO EMERGING COMPANIES FROM THE MID-ATLANTIC REGION; NETWORKING OPPORTUNITIES WITH THE MOVERS AND SHAKERS FROM OUR COMMUNITY; AND EDUCATIONAL PANELS AND CONTENT SESSIONS. AS THE OLDEST, MOST ESTABLISHED VENTURE CONFERENCE IN THE NORTHEAST, THE CONFERENCE REGULARLY DRAWS OVER 1,100 REGISTRANTS AND IS BELIEVED TO HAVE BEEN THE CATALYST FOR BILLIONS OF DOLLARS IN VENTURE FUNDING AND ENTREPRENEURIAL SUCCESS IN THE REGION.
PACT ENTERPRISE AWARDS - THE GREATER PHILADELPHIA REGION'S MOST PRESTIGIOUS CELEBRATION OF ACHIEVEMENT, INNOVATION AND SUCCESS FOR LEADERS IN LIFE SCIENCESAND TECHNOLOGY.
PACT PHORUM CONFERENCE - CONFERENCE FOR ENTERPRISE TECH EXECUTIVES, EMERGING COMPANIES AND INVESTORS EXPLORING THE "ENTERPRISE DATA JOURNEY." PHORUM 2022 PROVIDED REAL-WORLD EXAMPLES OF HOW DIGITAL ENTERPRISES ARE ACCELERATING THROUGH A GLOBAL PANDEMIC INTO A MORE CONNECTED WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Allon Director | Trustee | 1 | $0 |
Dean Miller Director And CEO | OfficerTrustee | 40 | $367,314 |
Dianne Strunk Vp, Business Development | OfficerTrustee | 40 | $189,530 |
Laurie Actman Director | Trustee | 1 | $0 |
Lloyd Adams Director | Trustee | 1 | $0 |
Allen Born Director | 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 | $2,118,571 |
| Investment income | $355 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,118,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $562,145 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $464,476 |
| Pension plan accruals and contributions | $13,330 |
| Other employee benefits | $53,667 |
| Payroll taxes | $37,169 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,257 |
| Fees for services: Lobbying | $42,630 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $169,359 |
| Advertising and promotion | $95 |
| Office expenses | $9,989 |
| Information technology | $17,688 |
| Royalties | $0 |
| Occupancy | $8,076 |
| Travel | $12,217 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $671,913 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,616 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,185,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $408,996 |
| Savings and temporary cash investments | $625,422 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $142,721 |
| 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 | $24,464 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,201,603 |
| Accounts payable and accrued expenses | $358,389 |
| Grants payable | $0 |
| Deferred revenue | $73,500 |
| 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 | $0 |
| Total liabilities | $431,889 |
| Net assets without donor restrictions | $769,714 |
| 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 | $1,201,603 |