San Diego Software Industry Council
- Assets
- $157.7k
- Revenue
- $315.5k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/1994
- Data as of
- 06/2023
- EIN
- 33-0587287
Organization Overview
San Diego Software Industry Council is located in San Diego, CA. The organization was established in 1994. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. San Diego Software Industry 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 06/2023, San Diego Software Industry Council generated $315.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $313.0k during the year ending 06/2023. While expenses have increased by 9.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE BRING TOGETHER SAN DIEGO'S SOFTWARE TECHNOLOGY, DATA ANALYTICS AND CLOUD-BASED APPLICATION COMMUNITIES TO PROMOTE INDUSTRY GROWTH AND SUCCESS, TO ADDRESS COMMON TECHNICAL CHALLENGES AND BUSINESS OPPORTUNITIES, AND ADVOCATE FOR COMMON INTEREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAN DIEGO SOFTWARE INDUSTRY COUNCIL ("SDSIC") HOLDS MANY EVENTS THROUGHOUT THE YEAR FOR ITS MEMBERS. THERE ARE PEER-TO-PEER NETWORKING GROUPS THAT HOLD MONTHLY "BIG MEETINGS" PROVIDING TECHNOLOGY AND IT PROFESSIONALS AN EFFECTIVE NETWORKING ENVIRONMENT, AS WELL AS A FORUM FOR IMPORTANT INDUSTRY DEVELOPMENTS. ADDITIONALLY, SDSIC HOLDS SPECIAL EVENTS TAILORED TO SPECIFIC GROUPS SUCH AS THE ENTREPRENEUR'S FORUM AND BULL'S EYE SALES COACHING. THE ENTREPRENEUR'S FORUM WAS CREATED FOR TECHNOLOGISTS, SALES AND MARKETING EXECUTIVES, MANAGERS, RESEARCHERS AND INDUSTRY EXPERTS TO ACCELERATE BUSINESS FORMATION AND GROWTH. THE KEY AUDIENCE FOR THE FORUM IS TECHNOLOGISTS, BUSINESS PEOPLE AND ENTREPRENEURS WHOSE GOAL IS TO PARTICIPATE IN AN EARLY STAGE STARTUP COMPANY ON A FULL TIME BASIS, AS WELL AS THOSE WHO INVEST IN EARLY STAGE COMPANIES. BULL'S EYE SALES COACHING IS AN EVENT THAT ALLOWS SENIOR SALES PROFESSIONALS TO POLISH THEIR FORMAL SALES PRESENTATION IN FRONT OF A PANEL OF EXPERTS AND POTENTIAL CUSTOMERS. LASTLY, EVERY YEAR THERE IS A FORUM ON ANALYTICS THAT ATTRACTS ATTENDEES THROUGHOUT THE UNITED STATES. FOR MORE INFORMATION ON THE PROGRAM SERVICES LISTED AND ADDITIONAL SERVICES, VISIT SDSIC.ORG/ABOUT-US.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Carroll Executive Dir. | OfficerTrustee | 40 | $123,600 |
Bob Nascenzi Director | Trustee | 1 | $0 |
Meyar Sheik Director | Trustee | 1 | $0 |
Juergen Stark Director | Trustee | 1 | $0 |
Joe Budano Director | Trustee | 1 | $0 |
Richard E Campbell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $215,213 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $99,709 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,922 |
| Total Program Service Revenue | $596 |
| Investment income | $13 |
| 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 | $315,531 |
| 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. | $123,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,886 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,400 |
| Payroll taxes | $19,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,962 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,114 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,212 |
| 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 | $1,856 |
| All other expenses | $6,016 |
| Total functional expenses | $312,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,728 |
| 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 | $157,728 |
| 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 | $1,248 |
| Total liabilities | $1,248 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $156,480 |
| 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 | $157,728 |