Global Blockchain Business Council - Usa
- Assets
- $863.6k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 16
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 83-1417845
Organization Overview
Global Blockchain Business Council - Usa is located in Washington, DC. 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. As of 12/2022, Global Blockchain Business Council - USA employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Blockchain Business Council - USA 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, Global Blockchain Business Council - USA generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 12.8% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GBBC USA IS THE LEADING INDUSTRY ASSOCIATION FOR THE BLOCKCHAIN TECHNOLOGY ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GLOBAL BLOCKCHAIN BUSINESS COUNCIL-USA, IN CONJUNCTION WITH THE CONGRESSIONAL BLOCKCHAIN CAUCUS, HOSTED "DEMO DAY ON WHICH BROUGHT TOGETHER ENTERPRISES AND START-UPS BEHIND TODAY'S MOST INNOVATIVE AND TIMELY BLOCKCHAIN SOLUTIONS. THE EVENT FEATURED DEMONSTRATIONS ACROSS ARANGE OF SECTORS, INCLUDING E-GOVERNANCE, FINANCIAL SERVICES, SUPPLYCHAIN, ENERGY AND MORE. THIS EVENT WAS OPEN TO THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Ro CEO | Officer | 40 | $191,825 |
Paul Rapino Chief Growth Officer | Officer | 40 | $171,875 |
Sierra Lewis Director Of Community | 40 | $103,211 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,990,333 |
| 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 | $350,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,990,333 |
| Total Program Service Revenue | $813,102 |
| 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 | $2,803,435 |
| 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 | $30,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $466,911 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $805,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $83,551 |
| Payroll taxes | $90,561 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $121,928 |
| Fees for services: Accounting | $15,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $302,656 |
| Advertising and promotion | $21,205 |
| Office expenses | $32,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,377 |
| Travel | $116,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $361,025 |
| Interest | $753 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,422 |
| Insurance | $1,753 |
| All other expenses | $0 |
| Total functional expenses | $2,543,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,130 |
| Savings and temporary cash investments | $12 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $410,047 |
| 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 | $9,507 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $428,920 |
| Total assets | $863,616 |
| Accounts payable and accrued expenses | $73,138 |
| 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 | $49,613 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $26,707 |
| Other liabilities | $51,237 |
| Total liabilities | $200,695 |
| 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 | $662,921 |
| Total liabilities and net assets/fund balances | $863,616 |