Utilities Telecom Council FY2022 filing

Not tax-deductible

Arlington, VA501(c)(6)EIN 52-6042453

Educate and represent member organizations on communications issues.

$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $64K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.2M
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.1M
91% of total assets
Concern: liabilities are 91% of assets; over 80%.
Pt X · Ln 26
Independent board members
35
of 36 voting members
Looks good: 35 of 36 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.6M
+7% vs prior year
Spent
$5.3M
Net assets
$409K
By yearFY2020–FY2024
Revenue
$5.6M
FY2022▲ +7%
Revenue by fiscal year
FY2020$4.8M
FY2021$5.2M
FY2022$5.6M
FY2023$5.5M
FY2024$4.8M
Expenses
$5.3M
FY2022▲ +7%
Expenses by fiscal year
FY2020$4.6M
FY2021$5.0M
FY2022$5.3M
FY2023$6.1M
FY2024$5.1M
Net assets
$409K
FY2022▲ +142%
Net assets by fiscal year
FY2020−$89K
FY2021$169K
FY2022$409K
FY2023−$198K
FY2024−$525K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Fundraising 0% · $25K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

42 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
Utc President & CEO
$348,459Pt VII · Sec A
Senior VP - Membership
$209,521Pt VII · Sec A
Senior VP - General Counsel
$199,502Pt VII · Sec A
VP - Operations
$117,948Pt VII · Sec A
VP - Finance and Operations
$113,865Pt VII · Sec A
VP - Spectrum Services
$111,720Pt VII · Sec A
Chief of Staff
$105,321Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sheryl Riggs—$310,153$348,459$322,794$247,058
Jimmy Williams$315,788————
Karnel Thomas$222,407$215,080$209,521$197,711$192,069
Brett Kilbourne$143,771$196,981$199,502$188,426$170,110
Sharla Artz————$189,314
Ronald Beck$36,731$181,933———
Tiffany Bennett-Jolly$173,004$121,028———
Robert Lockhart———$158,874$144,079

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Utilities Telecom Council executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates and represents member organizations on communications issues.

Provided by the organization

This section is blank until Utilities Telecom Council claims this page.

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3 program services, described in the organization's own filed words · FY2022.
01

Frequency Coordination

Coordinates radio frequencies to support the needs of the energy and water industries that deploy telecom meters as a non-profit organization approved by the federal communications commission.

Pt IX · col B
02

Membership Services

Provides a forum in which our member companies can benefit from education and information services for their employees.

Pt IX · col B
03

Annual Conference

Provides educational and networking opportunities for employees of member companies and their technology partners.

Pt IX · col B

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$5.6M
Ln 12
Fees for servicesLn 2g$5.6M
Gifts and grantsLn 1h$25K
Other incomeLn 4–11$10K
Money outPt IX
$5.3M
Ln 25
Fundraisingcol D$25K
Owns and owesPt X
$409K
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$4.5M
LiabilitiesLn 26$4.1M
PeoplePt VI, VII
42
listed · VII A
PaidVII A7
Voting boardVI 1a36
IndependentVI 1b35
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Noncash giftsLn 1g$25K
Fundraising eventsLn 1c$25K
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$7K
Other incomeLn 4–11$10K
Total revenueLn 12$5.6M
Assets in detailPt X, end of year
CashLn 1$1.8M
SavingsLn 2$30K
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$312K
Land, buildings, equipmentLn 10c$55K
Other assetsLn 15$1.4M
Total assetsLn 16$4.5M
LiabilitiesLn 26$4.1M
Net assetsLn 32$409K
OperationsPt I, VI
EmployeesI 522
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.1M$1.8M
InvestmentsLn 11–13$247K$312K
Land, buildings, equipmentLn 10c$74K$55K
Total assetsLn 16$3.1M$4.5M
LiabilitiesLn 26$3.0M$4.1M
Net assetsLn 32$169K$409K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$935K
Other salaries and wagesLn 7$1.7M
Other employee benefitsLn 9$352K
Payroll taxesLn 10$172K
Legal feesLn 11b$2K
Accounting feesLn 11c$33K
Lobbying feesLn 11d$45K
Investment management feesLn 11f$2K
Other fees for servicesLn 11g$680K
OccupancyLn 16$154K
TravelLn 17$91K
Conferences, conventions and meetingsLn 19$766K
InterestLn 20$8K
Depreciation, depletion and amortizationLn 22$19K
InsuranceLn 23$83K
Other expenses (24a–d)Ln 24$207K
All other expensesLn 24e$117K
Total functional expensesLn 25$5.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.8M$5.1M−$346K−$525K 990 PDF
FY2023 $5.5M$6.1M−$637K−$198K 990 PDF
FY2022 Viewing $5.6M$5.3M$274K$409K 990 PDF
FY2021 $5.2M$5.0M$247K$169K 990 PDF
FY2020 $4.8M$4.6M$143K−$89K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $5,603,327 across 8 lines filed
Lines not itemized here account for $307,655 of total revenue; see the IRS return.
VIII-1c Fundraising events$24,700
VIII-1g Noncash contributions (included above)$24,700
VIII-1h Total contributions, gifts and grants$24,700
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,253,774$5,253,774
VIII-3 Investment incomeExcluded from tax $7,223$7,223
VIII-6 Net rental income or lossUnrelated business $30,000 · Excluded from tax −$30,000$0
VIII-8 Net income from fundraising eventsExcluded from tax $9,975$9,975
VIII-12 Total revenueRelated to mission $5,366,874 · Unrelated business $224,555 · Excluded from tax −$12,802$5,603,327
Part IX · Statement of functional expenses $5,329,421 across 17 lines filed
IX-5 Pay of current officers, directors and key staff$935,209
IX-7 Other salaries and wages$1,662,164
IX-9 Other employee benefits$352,437
IX-10 Payroll taxes$172,109
IX-11b Legal fees$1,836
IX-11c Accounting fees$32,683
IX-11d Lobbying fees$45,000
IX-11f Investment management fees$2,124
IX-11g Other fees for services$680,029
IX-16 Occupancy$154,398
IX-17 Travel$90,736
IX-19 Conferences, conventions and meetings$765,611
IX-20 Interest$8,174
IX-22 Depreciation, depletion and amortization$19,102
IX-23 Insurance$83,286
IX-24 Other expenses (24a–d)$207,247
IX-24e All other expenses$117,276
IX-25 Total functional expenses$5,329,421
Part X · Balance sheet $4,495,230 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,043,071$1,783,895
X-2 Savings and temporary cash investmentsStart of year $30,216$30,219
X-4 Accounts receivableStart of year $462,596$608,960
X-9 Prepaid expenses and deferred chargesStart of year $239,874$319,034
X-10c Land, buildings and equipment, netStart of year $74,166$55,064
X-11 Publicly traded securitiesStart of year $247,411$312,287
X-15 Other assetsStart of year $28,859$1,385,771
X-16 Total assetsStart of year $3,126,193$4,495,230
X-17 Accounts payable and accrued expensesStart of year $105,255$265,506
X-19 Deferred revenueStart of year $2,166,395$2,140,395
X-25 Other liabilitiesStart of year $195,440$1,551,836
X-26 Total liabilitiesStart of year $2,957,352$4,085,931
X-27 Net assets without donor restrictionsStart of year $168,841$409,299
X-32 Total net assets or fund balancesStart of year $168,841$409,299
X-33 Total liabilities and net assetsStart of year $3,126,193$4,495,230
Part XI · Reconciliation of net assets $409,299 net assets at year end
XI-1 Total revenue$5,603,327
XI-2 Total expenses$5,329,421
XI-3 Revenue less expenses$273,906
XI-4 Net assets at start of year$168,841
XI-5 Net unrealized gains (losses) on investments−$33,448
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$409,299

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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