Northwest Academic Computing Consortium
- Assets
- $17.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Damascus, OR
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 84-1172799
Organization Overview
Northwest Academic Computing Consortium is located in Damascus, OR. The organization was established in 1996. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Northwest Academic Computing Consortium employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Academic Computing Consortium 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, Northwest Academic Computing Consortium generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $289.0k during the year ending 12/2021. 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
NORTHWEST ACADEMIC COMPUTING CONSORTIUM, INC. ("NWACC") COMPRISES OF COLLEGES, UNIVERSITIES, AND OTHER NON-PROFIT ORGANIZATIONS IN THE PACIFIC NORTHWEST AND NEARBY AREAS. FOUNDED IN 1987, NWACC'S MISSION IS TO FOSTER COMMUNICATION AND COLLABORATION AMONG ITS MEMBER INSTITUTIONS ON THE DEVELOPMENT AND USE OF ADVANCED TECHNOLOGY FOR INSTRUCTION, RESEARCH, AND ADMINISTRATIVE OPERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIO COUNCIL MEETINGS - HOSTED MEETINGS OF MEMBER INSTITUTION CIOS TO SHARE STRATEGIES AND SOLUTIONS FOR ADDRESSING THE CURRENT CHALLENGES IN HIGHER EDUCATION INFORMATION TECHNOLOGY ADMINISTRATION. FOR EXAMPLE, DISCUSSIONS AMONG CIOS ABOUT THE CHANGES THAT HAVE OCCURRED AS A RESULT OF THE COVID-19 PANDEMIC IN INSTRUCTION, PERSONNEL, BUDGET, REMOTE TECHNOLOGIES, ETC., AND HOW IT LEADERS CAN SUPPORT THESE CHANGES. HOSTED A CIO WORKSHOP ON DIVERSITY, EQUITY AND INCLUSION AND CULTIVATING AN ANTI-RACIST ENVIRONMENT IN HIGHER EDUCATION IT ORGANIZATIONS.CONTINUED ON SCHEDULE O.LEADERSHIP DEVELOPMENT - 2021 WAS A PLANNING AND PREPARATION YEAR FOR THE 2022 COHORT OF THE LEADERSHIP DEVELOPMENT PROGRAM. APPLICANTS WERE REVIEWED AND PARTICIPANTS ACCEPTED; TRAINING MATERIALS AND PROGRAM DETAILS WERE DEVELOPED. CYBERSECURITY - HOSTED AN IN-DEPTH, 3-DAY WORKSHOP ON CYBERSECURITY TECHNIQUES AND STRATEGIES, ATTENDED BY SECURITY STAFF FROM NWACC MEMBER INSTITUTIONS. THE WORKSHOP FEATURED INFORMATION SECURITY ANALYSES, EXPERT PRESENTATIONS, BEST PRACTICE SHARING, AND OTHER COLLABORATIVE ACTIVITIES DESIGNED TO ENHANCE INFORMATION SECURITY AND CYBERSECURITY PROFILES AT MEMBER INSTITUTIONS. INSTRUCTIONAL TECHNOLOGY - HOSTED A SERIES OF WORKSHOPS AND MEETINGS ATTENDED BY INSTRUCTIONAL AND ACADEMIC TECHNOLOGY STAFF FROM NWACC MEMBER INSTITUTIONS ON KEY TOPICS, NEW TECHNOLOGIES, AND BEST PRACTICES IN INSTRUCTIONAL TECHNOLOGIES AND PEDAGOGY, WITH PARTICULAR FOCUS AROUND RESPONDING TO THE COVID-19 PANDEMIC AND PEER SUPPORT. CONTINUED COLLABORATIVE WORK BY NWACC INSTRUCTIONAL TECHNOLOGY PARTICIPANTS TO DEVELOP AN OPEN, ONLINE RESOURCE AROUND EDUCATIONAL TECHNOLOGIES (HTTP://WWW.NWACCO.ORG/).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Ringle President | Officer | 19.5 | $53,856 |
Molly Thurston Secretary/treasurer | Officer | 20 | $44,880 |
Garret Yoshimi Chair | OfficerTrustee | 1 | $0 |
Virginia Tomlinson Vice Chair | OfficerTrustee | 1 | $0 |
Jackie Barretta Director-At-Large | Trustee | 1 | $0 |
Brad Christ Director-At-Large | 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 | $33,000 |
| Investment income | $1,034,864 |
| 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 | $1,067,864 |
| 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. | $108,610 |
| Compensation of current officers, directors, key employees. | $36,038 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,500 |
| Fees for services: Other | $3,672 |
| Advertising and promotion | $0 |
| Office expenses | $6,906 |
| Information technology | $0 |
| 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 | $120,549 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,088 |
| Insurance | $3,166 |
| All other expenses | $0 |
| Total functional expenses | $289,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114 |
| Savings and temporary cash investments | $3,694,925 |
| 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 | $47,623 |
| Net Land, buildings, and equipment | $1,397 |
| Investments—publicly traded securities | $14,059,954 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,804,013 |
| Accounts payable and accrued expenses | $29,544 |
| Grants payable | $0 |
| Deferred revenue | $22,000 |
| 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 | $16,125 |
| Total liabilities | $67,669 |
| Net assets without donor restrictions | $17,736,344 |
| 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 | $17,804,013 |
Endowment Analysis
| Beg. Balance | $14,904,546 |
| Earnings | $1,870,704 |
| Other Expense | $335,405 |
| Ending Balance | $16,439,845 |
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