Business Executives For National Security is located in Washington, DC. The organization was established in 1983. According to its NTEE Classification (Q43) the organization is classified as: National Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Business Executives For National Security employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Executives For National Security is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Business Executives For National Security generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $7.0m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO APPLY BEST BUSINESS PRACTICES TO ADDRESS THE NATION'S MOST PRESSING SECURITY CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, PROGRAMS DEVELOPMENT, AND IMPLEMENTATION: BENS SERVES AS A PRIMARY CHANNEL FOR MEANINGFUL EXCHANGE BETWEEN SENIOR PRIVATE SECTOR EXECUTIVES AND LEADERS FROM ACROSS THE NATIONAL SECURITY ENTERPRISE. THROUGH HOSTING EVENTS AND CONVERSATIONS AROUND THE COUNTRY WITH THESE LEADERS, AS WELL AS SELF-FINANCED VISITS TO SITES OF RELEVANCE TO NATIONAL AND INTERNATIONAL SECURITY, BENS MAKES IT POSSIBLE FOR PRIVATE SECTOR LEADERS TO LEARN ABOUT MAJOR ISSUES CONFRONTING THE NATIONAL SECURITY COMMUNITY AND TO SHARE INSIGHTS AND BEST PRACTICES FROM INDUSTRY THAT COULD HELP ADDRESS THEIR CURRENT CHALLENGES. IN 2021, DUE TO THE PANDEMIC BENS HOSTED TWO LARGE EVENTS, ONE IN PERSON AND ONE VIRTUALLY, AND A NUMBER OF VIRTUAL AND IN PERSON REGIONAL EVENTS.
PROJECT DEVELOPMENT AND IMPLEMENTATION: BENS WORK IS FOCUSED IN THREE MAJOR AREAS DESIGNED TO MEET THE NEEDS OF OUR NATIONAL SECURITY PARTNERS AND MOST EFFECTIVELY ADDRESS THE BUSINESS PRACTICE COMPONENTS OF THE MAJOR NATIONAL SECURITY CHALLENGES THE UNITED STATES FACES: (1) THE 21ST CENTURY NATIONAL SECURITY WORKFORCE, SINCE RECRUITING AND SUSTAINING A TALENTED WORKFORCE IS CRITICAL TO TACKLING 21ST CENTURY CHALLENGES, ESPECIALLY SAFEGUARDING NATIONAL AND HOMELAND SECURITY; (2) NATIONAL SECURITY STRATEGIC MODERNIZATION/ORGANIZATIONAL TRANSFORMATION, BECAUSE FOREIGN ADVERSARIES AND MALICIOUS ACTORS CONTINUOUSLY PROBE BOTH THE PUBLIC AND PRIVATE SECTOR INFRASTRUCTURES FOR VULNERABILITIES TO EXPLOIT AND THE FEDERAL GOVERNMENT HAS RECOGNIZED THAT PRIVATE SECTOR INVOLVEMENT AND ENGAGEMENT IS CRITICAL TO MEET THESE CHALLENGES; (3) DEFENSE REFORM, WHERE, AS THE PENTAGON SOUGHT TO OVERHAUL ITS BUSINESS OPERATIONS IN SEVERAL CRITICAL AREAS, BENS HAS BEEN WORKING WITH DOD BUSINESS REFORM LEADERS IN SOME OF THESE AREAS, INCLUDING TECHNOLOGY AND BUSINESS SYSTEMS REFORM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Votel President & CEO | Officer | 40 | $547,829 |
Tom Cosentino COO | Officer | 40 | $237,060 |
Chad Manske SVP Policy Projects | 40 | $169,480 | |
Deborah Mccarthy SVP For Membership & Strat | 40 | $168,167 | |
Genevieve Moonis SVP For Membership | 40 | $160,870 | |
Karen Kinnamont Stewart SVP Finance & Admin | Officer | 40 | $159,436 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
American Museum Of Natural History Ny Eisenhower Dinner Venue | 12/30/19 | $196,000 |
Manadarin Oriental Hotel Dc Dc Eisenhower Dinner Venue | 12/30/19 | $142,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,257,272 |
Related organizations | $0 |
Government grants | $665,012 |
All other contributions, gifts, grants, and similar amounts not included above | $6,794,687 |
Noncash contributions included in lines 1a–1f | $1,395,439 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,716,971 |
Total Program Service Revenue | $0 |
Investment income | $230,110 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $52,532 |
Net Income from Fundraising Events | -$147,757 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,874,143 |
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. | $1,013,277 |
Compensation of current officers, directors, key employees. | $243,211 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,159,662 |
Pension plan accruals and contributions | $84,161 |
Other employee benefits | $538,445 |
Payroll taxes | $263,249 |
Fees for services: Management | $0 |
Fees for services: Legal | $32,486 |
Fees for services: Accounting | $25,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,204 |
Fees for services: Other | $287,580 |
Advertising and promotion | $0 |
Office expenses | $283,927 |
Information technology | $126,795 |
Royalties | $0 |
Occupancy | $813,032 |
Travel | $78,762 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $153,746 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $38,289 |
Insurance | $31,726 |
All other expenses | $0 |
Total functional expenses | $7,023,900 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,936,397 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $243,816 |
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 | $91,640 |
Net Land, buildings, and equipment | $103,542 |
Investments—publicly traded securities | $11,214,673 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $49,364 |
Total assets | $14,639,432 |
Accounts payable and accrued expenses | $613,490 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $325,795 |
Total liabilities | $939,285 |
Net assets without donor restrictions | $13,700,147 |
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 | $14,639,432 |
Over the last fiscal year, we have identified 2 grants that Business Executives For National Security has recieved totaling $90,000.
Awarding Organization | Amount |
---|---|
Driscoll Family Foundation Old Greenwich, CT PURPOSE: GENERAL PURPOSE | $75,000 |
Reaud Charitable Foundation Inc Beaumont, TX PURPOSE: UNRESTRICTED | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Center For New American Security Inc Washington, DC | $13,596,395 | $11,475,266 |
Business Executives For National Security Washington, DC | $14,639,432 | $8,874,143 |
Secureamericanoworg Washington, DC | $977,210 | $5,395,068 |
Cybersecurity Maturity Model Certification Accreditation Body I National Harbor, MD | $4,694,208 | $5,044,364 |
National Defense Transportation Association Alexandria, VA | $8,458,090 | $2,983,526 |
National Defense Information Sharing And Analysis Center Washington, DC | $5,558,251 | $2,597,884 |
Asia America Initiative Washington, DC | $1,856,442 | $1,964,114 |
Surface Navy Association Springfield, VA | $3,249,191 | $967,886 |
Military Operations Research Society Inc Arlington, VA | $1,777,955 | $2,116,387 |
National Defense University Foundation Inc Fort Mcnair, DC | $1,465,889 | $2,026,239 |
Infragard National Members Alliance Inc Washington, DC | $114,227 | $643,069 |
The Herbert Scoville Jr Peace Fellowship Washington, DC | $1,128,165 | $649,756 |