Brand Registry Group Inc is located in Chicago, IL. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brand Registry Group Inc 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 12/2021, Brand Registry Group Inc generated $150.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $143.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BRG REPRESENTS AND PROMOTES ITS MEMBERS' INTERESTS AS DOTBRAND OPERATORS. AS AN ASSOCIATION, THE BRG WORKS TO IMPROVE AND DEVELOP DOMAIN NAME POLICIES AND OPERATIONAL PRACTICES IN SUPPORT OF BRG MEMBERS' DOTBRAND REGISTRIES. TYPICALLY, RUNNING A TOP-LEVEL-DOMAIN REGISTRY IS NOT PART OF AN ORGANIZATION'S CORE BUSINESS, SO THE BRG BRINGS TOGETHER MEMBERS WITH COMMON INTEREST AND ISSUES THEY WOULD LIKE TO ADDRESS. A "DOTBRAND" IS A DELEGATED TOP-LEVEL DOMAIN THAT IS IDENTICAL TO AN ORGANIZATION'S NAME OR BRAND THAT THE ORGANIZATION OWNS OR HAS RIGHTS IN. A "DOTBRAND" ALLOWS A BRAND-HOLDER TO OPERATE ITS OWN REGISTRY AT THE ROOT OF THE INTERNET (INSTEAD OF USING LEGACY TOP-LEVEL-DOMAINS, SUCH AS .COM, .ORG, OR .BIZ). COMPANIES FROM DIFFERENT INDUSTRIES APPLIED FOR THEIR DOTBRAND IN 2012 AND OVER 550 ARE NOW LIVE, PROVIDING A TRUSTED SPACE WHERE BRAND OWNERS HAVE COMPLETE CONTROL OF THE DOMAIN ALLOCATION THAT SUPPORTS THEIR BUSINESSES. EXAMPLES OF USE CASES CAN BE FOUND HERE - WWW.MAKEA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRG IS AN ADVOCATE FOR DOTBRAND REGISTRY OPERATORS AND FUTURE APPLICANTS, PROTECTNG OUR MEMBERS' INTEREST IN POLICY DEVELOPMENT AT ICANN. THE BRG ACTIVELY RAISES AWARENESS OF DOTBRAND REGISTRIES AND THEIR USE CASES, ILLUSTRATING THE BENEFITS THAT OPERATING A DOTBRAND REGISTRY CAN BRING TO ORGANIZATIONS, THEIR CUSTOMERS, AND ON-LINE USERS. THE ABILITY TO CONTROL AN AREA OF THE INTERNET PROMOTES GREATER SECURITY AND TRUST FOR USERS. TO SUPPORT THESE ACTIVITIES, THE BRG IS ACTIVELY ENGAGED WITHIN THE ICANN COMMUNITY, INCLUDING WITH ICANN'S GOVERNMENT ADVISORY COMMITTE (GAC), WHICH REPRESENTS GOVERNMENTS AND INTERNATIONAL GOVERNMENTAL ORGANIZATIONS IN ICANN'S MULTI-STAKEHOLDERS REPRESENTATIVE STRUCTURE. THE BRG PARTICIPATES IN POLICY DEVELOPMENT WORK AT ICANN WHICH INCLUDES PROVIDING PUBLIC COMMENTS. POSITION PAPERS ARE ALSO PREPARED FOR OUR MEMBERS. BRG MEMBERS REGULARLY RECEIVE A NEWSLETTER THAT COVERS CURRENT TOPICS, TRENDS, AND INDUSTRY REPORTS. IT ALSO FULLY BRIEFS ON BRG ACTIVITIES AND THE WIDER DOMAIN NAME INDUSTRY. THE BRG PARTICIPATES IN EVENTS AND ICANN MEETINGS TO RAISE AWARENESS OF DOTBRANDS. INDIVIDUAL SERVICES ARE NOT PROVIDED BY THE BRG TO MEMBERS. THE SERVIES ARE GENERIC FOR, AND ON BEHALF OF, ALL MEMBERS. DUES COVER MEMBERSHIP AND ACCESS TO ALL THE SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erwin Cruz Vice Preside | OfficerTrustee | 2 | $0 |
David Souza Secretary | OfficerTrustee | 2 | $0 |
Tony Kirsch Treasurer | OfficerTrustee | 2 | $0 |
Karen Day President | OfficerTrustee | 2 | $0 |
Martin Kuechenthal Director | Trustee | 1 | $0 |
Dawn Shackleton Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $150,383 |
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 | $150,383 |
Total Program Service Revenue | $0 |
Investment income | $113 |
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 | $150,496 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $126,652 |
Fees for services: Legal | $2,224 |
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 | $0 |
Advertising and promotion | $5,984 |
Office expenses | $2,266 |
Information technology | $3,487 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $826 |
All other expenses | $0 |
Total functional expenses | $143,867 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $276,173 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
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 | $276,173 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $276,173 |
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 | $276,173 |
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