American Innovation And Modernization Council
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 83-4373877
Organization Overview
American Innovation And Modernization Council 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Innovation And Modernization 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 12/2021, American Innovation And Modernization Council generated $55.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SEMINARS AND PROGRAMS HELD THROUGHOUT THE YEAR TO DEVELOP TIES BETWEEN INDUSTRY AND GOVERNMENT LEADERS IN THE FIELDS OF MANAGEMENT CONSULTING, FINANCIAL SERVICES, AND INFORMATION TECHNOLOGY. THE ORGANIZATION HOSTED A LAUNCH PARTY WHICH INTRODUCED THE RE-BRANDED COUNCIL TO THE INDUSTRY AND TWO ROUND TABLE EVENTS TO DISCUSS FEDERAL IT MODERNIZATION AND CYBERSECURITY GOVERNANCE. THE ORGANIZATION ALSO PARTICIPATED IN THE FEDERAL IT GOVERNANCE SUMMIT, WHICH IS A TWO-DAY EVENT HELD IN WASHINGTON D.C. HOSTED BY FEDERAL CPIC FORUM THAT ALLOWS THE CAPITAL PLANNING AND INVESTMENT CONTROL (CPIC) COMMUNITY TO COME TOGETHER, SHARE IDEAS, AND LEARN FROM ONE ANOTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tushar Garg President | 0.5 | $0 | |
John Lever Secretary/treasurer | 0.5 | $0 | |
Kelly Morrison Board Member | 0.5 | $0 | |
Austin Henderson Board Member | 0.5 | $0 | |
William Mcvay Board Member | 0.5 | $0 | |
Cyndy Iwan Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,471 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,471 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $41,955 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,704 |
| Total expenses | $43,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,101 |
| Other assets | $0 |
| Total assets | $24,101 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,101 |