United For Patent Reform
- Assets
- $121.8k
- Revenue
- $490.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 47-2624028
Organization Overview
United For Patent Reform is located in Washington, DC. United For Patent Reform 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 12/2023, United For Patent Reform generated $490.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $421.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADDRESS THE PROBLEM OF LITIGATION ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITED FOR PATENT REFORM ("UFPR") IS A BROAD COALITION OF AMERICAN BUSINESSES ADVOCATING FOR A PATENT SYSTEM THAT ENSURES HIGH QUALITY PATENTS, ADVANCES MEANINGFUL INNOVATION, AND PROTECTS LEGITIMATE AMERICAN BUSINESSES FROM UNNECESSARY PATENT LITIGATION. OUR MEMBERS RANGE FROM MAIN STREET RETAIL SHOPS, REALTORS, HOTELS, GROCERS, CONVENIENCE STORES, AND RESTAURANTS TO NATIONAL CONSTRUCTION COMPANIES, AUTOMOBILE MANUFACTURERS, AND TECHNOLOGY BUSINESSES. IN 2023, UFPR CONTINUED TO TAKE AN ACTIVE ROLE IN SHAPING THE LANDSCAPE OF PATENT LEGISLATION AND POLICY. UFPR SENT A JOINT LETTER TO CONGRESS EXPRESSING CONCERNS OVER THE PREVAIL ACT WHICH WOULD POSE SIGNIFICANT CHALLENGES FOR BUSINESSES FACING INVALID PATENTS AND UNNECESSARILY RESTRICT THEIR ABILITY TO SEEK RECOURSE THROUGH THE PATENT TRIAL AND APPEAL BOARD (PTAB).ADDITIONALLY, UFPR'S LEADERSHIP HAS BEEN AT THE FOREFRONT OF THE DEBATE, WRITING AN OP-ED THAT BRINGS ATTENTION TO THE POTENTIAL DANGERS OF THE USPTO'S PROPOSED RULEMAKING. THIS OP-ED EMPHASIZES THE IMPORTANCE OF A ROBUST INTER PARTES REVIEW (IPR) SYSTEM TO SHIELD BUSINESSES FROM EXPLOITATIVE LITIGATION TACTICS.UFPR HAS NOT ONLY OPPOSED POTENTIALLY HARMFUL ACTS LIKE THE PREVAIL ACT AND THE PATENT ELIGIBILITY RESTORATION ACT OF 2023 BUT HAS ALSO SUBMITTED DETAILED COMMENTS TO THE USPTO. THESE COMMENTS EXPRESS A FIRM STANCE ON MAINTAINING THE INTEGRITY OF THE AMERICA INVENTS ACT (AIA) AND SUPPORTING INITIATIVES THAT REINFORCE THE RELIABILITY OF PATENT RIGHTS. BY ENGAGING IN THESE ADVOCACY ACTIONS, UFPR CONTINUES TO CHAMPION A PATENT ENVIRONMENT THAT FOSTERS INNOVATION AND PROTECTS BUSINESSES FROM OVERREACHING PATENT CLAIMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Martz President | OfficerTrustee | 2 | $0 |
Chris Mohr Vice President | OfficerTrustee | 2 | $0 |
Laura Sheridan Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hilltop Public Solutions Campaign Management | 12/30/23 | $160,000 |
West Front Strategies Llc Lobbying | 12/30/23 | $150,000 |
Vision360 Partners Pr Services | 12/30/23 | $105,702 |
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 | $190,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,000 |
| Total Program Service Revenue | $300,000 |
| 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 | $490,000 |
| 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 | $5,386 |
| Fees for services: Lobbying | $255,702 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $160,000 |
| Advertising and promotion | $0 |
| Office expenses | $650 |
| 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 | $421,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,766 |
| 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 | $121,766 |
| Accounts payable and accrued expenses | $31,797 |
| 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 | $31,797 |
| Net assets without donor restrictions | $39,969 |
| Net assets with donor restrictions | $50,000 |
| 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 | $121,766 |