Internet Innovation Alliance
- Assets
- $685.1k
- Revenue
- $539.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 59-3785561
Organization Overview
Internet Innovation Alliance is located in Washington, DC. The organization was established in 2004. 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. Internet Innovation Alliance 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 12/2022, Internet Innovation Alliance generated $539.3k 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 (14.6%) each year. All expenses for the organization totaled $486.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ALLIANCE IS TO: ENSURE EVERY AMERICAN HAS ACCESS TO THE CRITICAL TOOL THAT IS BROADBAND INTERNET, AND TO PROMOTE PUBLIC POLICIES THAT SUPPORT EQUAL OPPORTUNITY FOR UNIVERSAL BROADBAND AVAILABILITY AND ADOPTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDIA RELATIONS:DEVELOPED AND DISTRIBUTED PRESS RELEASES TO GENERATE NEWS ARTICLES ON PUBLIC POLICY ISSUES.
EDUCATION: FUNCTIONAL WEBSITE TO UPDATE MEMBERS ON CURRENT NEWS ITEMS, ALLIANCE ACTIVITY AND PUBLIC POLICY FACTS. TO EDUCATE WEB VISITORS AND DRIVE TRAFFIC TO THE WEBSITE, ONLINE AND SOCIAL MEDIA ACTIVITY TO LEARN MORE.
EVENTS: SPEAK AT AND HOST BROADBAND AND TECHNOLOGY-RELATED CONFERENCES AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Rosemond President / Director | OfficerTrustee | 1 | $0 |
Jack Fleming Treasurer / Director | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silicon Hills Public Relations Llc Consulting | 12/30/22 | $180,000 |
Mehlman Castagnetti Rosen & Thomas Consulting | 12/30/22 | $120,000 |
Kim Keenan Consulting | 12/30/22 | $120,000 |
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 | $539,263 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $539,263 |
| 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 | $539,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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 | $5,123 |
| Fees for services: Accounting | $12,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $430,000 |
| Advertising and promotion | $0 |
| Office expenses | $4,699 |
| Information technology | $9,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,917 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,660 |
| All other expenses | $100 |
| Total functional expenses | $486,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,067 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $500,000 |
| 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 | $685,067 |
| Accounts payable and accrued expenses | $262 |
| 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 | $262 |
| Net assets without donor restrictions | $684,805 |
| 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 | $685,067 |
Grants Awarded
Over the last fiscal year, Internet Innovation Alliance has awarded $120,139 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE TRUSTEE OF THE UNIVERSITY OF PENNSYLVANIA PURPOSE: GENERAL SUPPORT | $50,000 |
INFORMATION TECHNOLOGY & INNOVATION FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
THE THIRD WAY FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
GEORGETOWN UNIVERSITY CENTER FOR BUSINESS AND PUBLIC POLICY PURPOSE: GENERAL SUPPORT | $15,000 |
HANDS OFF THE INTERENET PURPOSE: GENERAL SUPPORT | $5,139 |