It Governance Institute
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 04/1977
- Data as of
- 04/2022
- EIN
- 95-3080691
Organization Overview
It Governance Institute is located in Schaumburg, IL. The organization was established in 1977. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. It Governance Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EFFECTIVE 4/30/2022 THE ORGANIZATION FILED ARTICLES OF DISSOLUTION WITH THE STATE OF CALIFORNIA. THE MISSION OF THE IT GOVERNANCE INSTITUTE (ITGI) IS TO ENHANCE THE EDUCATION OF THE GLOBAL BUSINESS COMMUNITY REGARDING THE GOVERNANCE OF INFORMATION AND INFORMATION SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020 THE ISACA AND ITGI BOARD INITIATED THE PROCESS TO DISSOLVE THE INSTITUTE, WHICH IS EXPECTED TO CONCLUDE IN 2022. AS A RESULT, THE ORGANIZATION'S PROGRAM SERVICE ACTIVITIES ARE NO LONGER ACTIVE. THE FOLLOWING DESCRIBES THE ORGANIZATION'S PROGRAM SERVICES PRIOR TO THIS ORGANIZATIONAL CHANGE. IT GOVERNANCE INSTITUTE (ITGI) AND INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION, INC. (ISACA) (RELATED ORGANIZATION) SERVE IT PROFESSIONALS AND ORGANIZATIONS WORLDWIDE THROUGH KNOWLEDGE, CERTIFICATIONS, COMMUNITY, ADVOCACY AND EDUCATION IN THE PROFESSIONAL SPECIALTIES OF THEIR MEMBERS AND ENGAGED PROFESSIONALS. ITGI SUPPORTS ISACA'S WORK TO INCREASE UNDERSTANDING OF THE RELATIONSHIPS AMONG DIFFERENT TYPES OF ENTERPRISE GOVERNANCE AND GLOBAL PRACTICES FOR IMPLEMENTING EFFECTIVE ENTERPRISE GOVERNANCE OF INFORMATION TECHNOLOGY (IT). ITGI FOCUSES PRIMARILY ON FRAMEWORKS AND SUPPORTING DOCUMENTS TO HELP ENTERPRISES ACHIEVE THE FIVE FOCUS AREAS OF IT GOVERNANCE: STRATEGIC ALIGNMENT, PERFORMANCE MEASUREMENT, RESOURCE MANAGEMENT, VALUE DELIVERY AND RISK MANAGEMENT
IN 2020 THE ISACA AND ITGI BOARD INITIATED THE PROCESS TO DISSOLVE THE INSTITUTE. THIS PROCESS OF DISSOLUTION CONCLUDED IN APRIL 2022. AS A RESULT, THE ORGANIZATION'S PROGRAM SERVICE ACTIVITIES ARE NO LONGER ACTIVE. THE FOLLOWING DESCRIBES THE ORGANIZATION'S PROGRAM SERVICES PRIOR TO THIS ORGANIZATIONAL CHANGE. IT GOVERNANCE INSTITUTE (ITGI) AND INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION, INC. (ISACA) (RELATED ORGANIZATION) SERVE IT PROFESSIONALS AND ORGANIZATIONS WORLDWIDE THROUGH KNOWLEDGE, CERTIFICATIONS, COMMUNITY, ADVOCACY AND EDUCATION IN THE PROFESSIONAL SPECIALTIES OF THEIR MEMBERS AND ENGAGED PROFESSIONALS. ITGI SUPPORTS ISACA'S WORK TO INCREASE UNDERSTANDING OF THE RELATIONSHIPS AMONG DIFFERENT TYPES OF ENTERPRISE GOVERNANCE AND GLOBAL PRACTICES FOR IMPLEMENTING EFFECTIVE ENTERPRISE GOVERNANCE OF INFORMATION TECHNOLOGY (IT). ITGI FOCUSES PRIMARILY ON FRAMEWORKS AND SUPPORTING DOCUMENTS TO HELP ENTERPRISES ACHIEVE THE FIVE FOCUS AREAS OF IT GOVERNANCE: STRATEGIC ALIGNMENT, PERFORMANCE MEASUREMENT, RESOURCE MANAGEMENT, VALUE DELIVERY AND RISK MANAGEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Past Chair 2019-2020 | OfficerTrustee | 1 | $0 |
Name Not Listed Director & Isaca CEO | OfficerTrustee | 1 | $0 |
Name Not Listed Chair 2021-2022 | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer, Dir., & CFO (until 4/2021) | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer, Dir., & CFO (beginning 5/2021) | OfficerTrustee | 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 | $0 |
| Investment income | $0 |
| 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 | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |