Telecommunications Industry Association
- Assets
- $10.6m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Arlington, VA
- Founding
- 11/1979
- Data as of
- 12/2022
- EIN
- 36-3032798
Organization Overview
Telecommunications Industry Association is located in Arlington, VA. The organization was established in 1979. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Telecommunications Industry Association employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telecommunications Industry Association 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 12/2022, Telecommunications Industry Association generated $8.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $8.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. 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
THE TELECOMMUNICATIONS INDUSTRY ASSOCIATION (TIA) REPRESENTS THE ENTIRE SUPPLY CHAIN OF COMPANIES THAT BUILD AND SUPPORT THE COMMUNICATIONS TECHNOLOGIES AND INFORMATION NETWORKS OF TODAY AND TOMORROW. TIA CONTINUES TO EVOLVE AS THE ICT INDUSTRY NAVIGATES COMPLEX TECHNOLOGY SHIFTS AND A CHANGING POLICY LANDSCAPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT ADVOCACY:TIA OFFERS U.S. AND GLOBAL POLICY ADVOCACY RESOURCES TO ITS FULL MEMBERS. THROUGH UNIQUE EVENTS AND MEETINGS AS WELL AS COLLABORATION WITH AFFILIATED ORGANIZATIONS, POLICY COALITIONS, ADVISORY COMMITTEES, TASK FORCES, AND GOVERNMENT AGENCIES, TIA'S GOVERNMENT AFFAIRS TEAM BRINGS INDUSTRY STAKEHOLDERS AND POLICYMAKERS TOGETHER TO FIND MUTUALLY BENEFICIAL POLICY SOLUTIONS THAT ENSURE INNOVATION, GROWTH AND TRUST IN THE ICT SECTOR.
TIA QUEST FORUM:TO ADDRESS THE CHALLENGES THAT COME WITH DIGITAL TRANSFORMATION, NEW BUSINESS MODELS, INNOVATION, AND INCREASING GLOBAL COMPETITION, TIA QUEST FORUM BRINGS TOGETHER GLOBAL COMPANIES AND INDUSTRY LEADERS TO DEVELOP INNOVATIVE SOLUTIONS, SERVICES, AND TOOLS THAT DRIVE BUSINESS PERFORMANCE, IMPROVE CUSTOMER EXPERIENCE, AND ACHIEVE THE HIGHEST LEVELS OF QUALITY ACROSS THE ICT INDUSTRY.
STANDARDS:TIA IS ACCREDITED BY THE AMERICAN NATIONAL STANDARDS INSTITUTE (ANSI) AS A STANDARDS DEVELOPING ORGANIZATION (SDO). TIA'S ENGINEERING COMMITTEES CREATE STANDARDS AND TECHNICAL DOCUMENTS BASED ON GUIDELINES ESTABLISHED BY THE ANSI ESSENTIAL REQUIREMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Moore Chairman | Trustee | 4 | $0 |
Trevor Smith Vice Chairman | Trustee | 1 | $0 |
Deepti Arora Chairwoman Emeritus | Trustee | 4 | $0 |
Kanchana Raman Treasurer | Trustee | 1 | $0 |
Barbara Baffer Director | Trustee | 1 | $0 |
Jeff Campbell Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brownstein Hyatt Farber Schrec Consulting | 12/30/22 | $169,754 |
Wilkinson Barker Knauer Llp Consulting | 12/30/22 | $146,524 |
Ken Koffman Consulting | 12/30/22 | $119,900 |
Silverlight Technology Group Consulting | 12/30/22 | $111,583 |
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 | $6,884,793 |
| Investment income | $156,878 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,256,875 |
| Net Rental Income | $575,695 |
| Net Gain/Loss on Asset Sales | -$14,231 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,931,469 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $1,396,645 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,823,442 |
| Pension plan accruals and contributions | $41,974 |
| Other employee benefits | $232,256 |
| Payroll taxes | $235,712 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $86,063 |
| Fees for services: Accounting | $38,894 |
| Fees for services: Lobbying | $180,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,696 |
| Fees for services: Other | $651,388 |
| Advertising and promotion | $118,548 |
| Office expenses | $89,120 |
| Information technology | $1,339,842 |
| Royalties | $0 |
| Occupancy | $888,001 |
| Travel | $40,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $154,594 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $136,847 |
| Insurance | $147,777 |
| All other expenses | $0 |
| Total functional expenses | $8,764,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,036,875 |
| Savings and temporary cash investments | $223,341 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $952,455 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,346 |
| Prepaid expenses and deferred charges | $157,169 |
| Net Land, buildings, and equipment | $117,960 |
| Investments—publicly traded securities | $7,136,307 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $956,519 |
| Total assets | $10,585,972 |
| Accounts payable and accrued expenses | $1,872,990 |
| Grants payable | $0 |
| Deferred revenue | $1,046,983 |
| 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 | $1,260,249 |
| Total liabilities | $4,180,222 |
| Net assets without donor restrictions | $6,405,750 |
| 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 | $10,585,972 |