National Independent Talent Organization - Nito

Organization Overview

National Independent Talent Organization - Nito is located in Sausalito, CA. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. National Independent Talent Organization - Nito is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NATIONAL INDEPENDENT TALENT ORGANIZATION - NITO IS A MUTUAL BENEFIT NONPROFIT ORGANIZATION (THE "ORGANIZATION") WITH THE PRINCIPAL MISSION TO PROMOTE THE ADVANCEMENT OF COMMON BUSINESS INTERESTS OF INDEPENDENT TALENT AGENCIES AND MANAGEMENT COMPANIES IN THE UNITED STATES. THE ORGANIZATION PURSUES THIS MISSION BY PRIMARILY ENGAGING IN LOBBYING AND GENERALLY SUPPORTING SIMILARLY SITUATED INDEPENDENT TALENT AGENCIES AND MANAGEMENT COMPANIES THROUGH VARIOUS INITIATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION INTENDS TO PROVIDE ADMINISTRATIVE ASSISTANCE WHICH WILL SUPPORT ITS MEMBERS AS GROWING BUSINESSES. SUCH ASSISTANCE INCLUDES GENERAL DISCUSSION AND RESEARCH REGARDING MARKET CHANGES WHICH MAY IMPACT CONTRACTUAL TERMS. FOR EXAMPLE, THE ORGANIZATION HAS HAD DISCUSSIONS REGARDING THE IMPACT OF COVID-19 ON RECENT CONTRACT TERMS AND ACCEPTABLE ALTERNATIVE LANGUAGE TO CONSIDER. FURTHER, THE ORGANIZATION WOULD LIKE TO PURSUE AVENUES TO PROVIDE AFFORDABLE INSURANCE PLANS FOR MEMBERS.


THE ORGANIZATION WILL LOCATE AND INITIATE EVENTS WHICH FURTHER THE INTERESTS OF ITS MEMBERS. INITIATIVES MAY INCLUDE PANDEMIC RELIEF, ADVOCACY AND OPPORTUNITIES WHICH PROMOTE NETWORKING.


THE ORGANIZATION WILL INTERVIEW AND ENGAGE A LOBBYING FIRM TO ASSIST WITH THE CREATION OF A PROCESS TO IDENTIFY RELEVANT LEGISLATION WHICH FURTHERS THE COMMON BUSINESS INTEREST OF ITS MEMBERS AND TO ORGANIZE AN APPROPRIATE LOBBYING PLAN. THE ORGANIZATION WILL ALSO ASSIST WITH REVIEW OF THE LANGUAGE CONTAINED IN PROPOSED LEGISLATION AND WILL ADVOCATE FOR LANGUAGE WHICH ADDRESSES THE NEEDS OF THE ORGANIZATION'S MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Frank Riley
Pres./ceo/di
$0
Tom Chauncey
Treas./cfo/d
$0
Stormy Shepherd
Vp/director
$0
Wayne Forte
Secretary/di
$0
Steve Schenck
Director
$0
Scott Sokol
Director
$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$17,595
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$17,595
Total Program Service Revenue$59,450
Investment income $12
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $135,117
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $212,174

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