Utilities Telecom Council
- Assets
- $4.5m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 26
- Location
- Arlington, VA
- Founding
- 03/1979
- Data as of
- 12/2022
- EIN
- 52-6042453
Organization Overview
Utilities Telecom Council 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, Utilities Telecom Council employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utilities Telecom Council 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, Utilities Telecom Council generated $5.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 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
EDUCATE AND REPRESENT MEMBER ORGANIZATIONS ON COMMUNICATIONS ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES - PROVIDES A FORUM IN WHICH OUR MEMBER COMPANIES CAN BENEFIT FROM EDUCATION AND INFORMATION SERVICES FOR THEIR EMPLOYEES.
ANNUAL CONFERENCE - PROVIDES EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR EMPLOYEES OF MEMBER COMPANIES AND THEIR TECHNOLOGY PARTNERS.
FREQUENCY COORDINATION - COORDINATES RADIO FREQUENCIES TO SUPPORT THE NEEDS OF THE ENERGY AND WATER INDUSTRIES THAT DEPLOY TELECOM METERS AS A NON-PROFIT ORGANIZATION APPROVED BY THE FEDERAL COMMUNICATIONS COMMISSION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dewey Day Chairman | OfficerTrustee | 1 | $0 |
Kirt Mayson Vice Chair | OfficerTrustee | 1 | $0 |
Gary Vondrasek Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Paul Lambert Past Chair | OfficerTrustee | 1 | $0 |
Greg Angst Board Member | Trustee | 1 | $0 |
Lee Ayers Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Republic 20th Street Llc Rent | 12/30/19 | $423,688 |
Media Convention Sales Llc Professional Services | 12/30/19 | $253,454 |
Think Designs Llc Professional Services | 12/30/19 | $102,615 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,700 |
| 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 | $24,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,700 |
| Total Program Service Revenue | $5,561,429 |
| Investment income | $7,223 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,975 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,603,327 |
| 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. | $935,209 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,662,164 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $352,437 |
| Payroll taxes | $172,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,836 |
| Fees for services: Accounting | $32,683 |
| Fees for services: Lobbying | $45,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,124 |
| Fees for services: Other | $680,029 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $154,398 |
| Travel | $90,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $765,611 |
| Interest | $8,174 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,102 |
| Insurance | $83,286 |
| All other expenses | $117,276 |
| Total functional expenses | $5,329,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,783,895 |
| Savings and temporary cash investments | $30,219 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $608,960 |
| 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 | $319,034 |
| Net Land, buildings, and equipment | $55,064 |
| Investments—publicly traded securities | $312,287 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,385,771 |
| Total assets | $4,495,230 |
| Accounts payable and accrued expenses | $265,506 |
| Grants payable | $0 |
| Deferred revenue | $2,140,395 |
| 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 | $128,194 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,551,836 |
| Total liabilities | $4,085,931 |
| Net assets without donor restrictions | $409,299 |
| 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 | $4,495,230 |