Technology Industry Group

“The organization applied for tax exempt status as a 501(c)(3) organization and was granted that status on august 5, 2015. A 990n was filed for the tax year ending 6/30/16 because of receipts under 50,000. The 2016 tax return for the fiscal year ending 6/30/17 is being amended to change the code section under which this organizatin is exempt from 501(c)(6) to 501 (c)(3). The determination letter from the irs and the amended articles of incorporation are attached to this tax return. In addition, the organization has increased it's financial overview processes and reassigned certain transactions for tax purposes resulting in changes to revenues and expenses. This return catches up on all changes required to more properly reflect operations.”

“Expenses office 1,662 travel 442 bank charges 664 commisions & fees 100 awards & promotional item 2,954 meals & entertainment 11,109 dues & subscriptions 2,800 promotional 18,340 shipping 101 miscellaneous 13,318 sponsorship 5,000 total 56,490”

“The technology industry group is organized as a not-for-profit trade association whose members are corporations in the technology industry. The group is organized for the advancement of common interests in supplier diversity initiatives by corporations in the technology industry. It also serves as a forum for members, and nonmembers, to drive change in the technology industry that will result in diverse businesses becoming strategic partners in the global economy.”