Utah Technology Council


Utah Technology Council

Formed from a merger of the Utah Information Technology Association and the Utah Life Science Association in 2006. UTC is a Utah-based non profit organization that serves as a business resource for life science and high-tech companies. It's mission is to foster the growth of the state's technology companies, ensure Utah develops the highest quality workforce in the nation, and attract an ever-increasing array of funding. Membership fee: $275-$7,000 (Employees in Utah); $1,050 (Affiliate); $1,250-$6,250 (Associate).

Organization Type:
State or Regional Association
Acronym:
UTC
Tax Exempt Status:
501(c)(6)
Industry:
Business, Communications, Computer/Technology
Year Founded:
1991
Address:
2755 E. Cottonwood Pkwy.
Suite 500 Salt Lake City, UT 84121
Telephone:
Fax:
Website:
Staff:
21
Members:
399 companies.


Financial Snapshot

 

Total revenues: $1,635,576


Year - 2017
1st-yr growth
-13.55%
 
 
 
 
 
Year by Year
Revenue
 
Program service revenue
 
Investment income

Total expenses: $1,851,822


Year - 2017
1st-yr growth
-3.51%
 
 
 
 
 
Year by Year
Expenses
 
Compensation for non-officers/directors
 
Conferences, conventions, meetings
 
Other expenses
 
Other

Total assets: $768,104


Year - 2017
1st-yr growth
-30.32%
 
 
 
 
 
Year by Year
Assets
 
Investments in publicly traded securities
 
Savings and temporary cash investments
 
Land, buildings, & equipment (net)
 
Other

Total Liabilities: $548,322


Year - 2017
1st-yr growth
-2.26%
 
 
 
 
 
Year by Year
Liabilities
 
Accounts payable and accrued expenses
 
Deferred revenue

National Affiliation

   Revenue:

Revenue: Amount ($)
Program service revenue 1,623,481
Investment income 12,095
Royalties 0
Sales of non-inventory assets 0
Net rental income 0
Miscellaneous revenue 0
Gaming income 0
Tax-exempt bond proceeds 0
Fundraising income 0
Total contributions 0
Income from sales of inventory 0
Total Revenue:

$1,635,576

1-yr growth
-13.55%
Program service revenue
Investment income

   Expenses:

Expenses: Amount ($)
Compensation for non-officers/directors 874,438
Conferences, conventions, meetings 290,761
Other expenses 194,573
Occupancy 91,018
Compensation of current officers, directors, etc 85,938
Other employee benefits 77,589
Payroll taxes 69,917
Accounting fees 48,121
Pension plan contributions 41,510
Travel 31,958
Office expenses 17,639
Depreciation, depletion, amortization 13,453
Information technology 7,186
Insurance 6,905
Other fees 470
Legal fees 346
Advertising and promotion 0
Royalties 0
Travel/entertainment expenses to public officials 0
Interest expense 0
Payments to affiliates 0
Management fees 0
Lobbying fees 0
Professional fundraising fees 0
Investment management fees 0
Compensation of disqualified persons 0
Grants to governments/orgs in the US 0
Grants to individuals in the US 0
Grants to orgs and individuals outside the US 0
Benefits paid to or for members 0
Total Expenses:

$1,851,822

1-yr growth
-3.51%
Compensation for non-officers/directors
Conferences, conventions, meetings
Other expenses
Occupancy
Compensation of current officers, directors, etc
Other employee benefits
Payroll taxes
Accounting fees
Pension plan contributions
Travel
Others

   Assets:

Assets: Amount ($)
Investments in publicly traded securities 665,448
Savings and temporary cash investments 70,446
Land, buildings, & equipment (net) 19,908
Other assets 8,496
Prepaid expenses or deferred charges 3,806
Inventories for sale or use 0
Investments in other securities 0
Receivables from officers, directors, etc. 0
Receivables from disqualified persons 0
Notes and loans receivables 0
Program-related investments 0
Intangible assets 0
Pledges and grants receivable 0
Cash -- non-interest bearing 0
Accounts receivable 0
Total Assets:

$768,104

1-yr growth
-30.32%
Investments in publicly traded securities
Savings and temporary cash investments
Land, buildings, & equipment (net)
Other assets
Prepaid expenses or deferred charges

   Liabilities:

Liabilities: Amount ($)
Accounts payable and accrued expenses 309,207
Deferred revenue 239,115
Tax-exempt bond liabilities 0
Escrow or custodial account liability 0
Loans and other payables to officers, directors, etc. 0
Secured mortgages and notes payabl 0
Unsecured mortgages and notes payable 0
Other liabilities 0
Grants payable 0
Total Liabilities:

$548,322

1-yr growth
-2.26%
Accounts payable and accrued expenses
Deferred revenue

   Net Assets:

Net Assets: Amount ($)
Unrestricted net assets 219,782
Temporarily restricted net assets 0
Permanently restricted net assets 0
Total Net Assets:

$219,782

1-yr growth
-100.32%
Unrestricted net assets

Key Staff

  
Name Ascending
Title 
Function 
Add Prospect 
Dave Smart Director, Membership Membership ...X
Elizabeth Converse Director, Strategic Communications and Partnerships Communications/Public Relations, Marketing ...X
Heather Lynes Director, Events and Programs Conventions/Meetings ...X
Henry Gardner Contact, Corporate Relations Public Affairs/Corporate Affairs ...X
John Knotwell President and Chief Executive Officer Chief Executive Officer ...X
Lindsey Kvasnicka Office Manager Administration ...X
Mark Jaggi Chief Financial Officer Finance, Senior Executive ...X
Matt Appel Controller Finance ...X
Mellisa Sandoval Executive Assistant Administration ...X
Natalie Fullmer Assistant, Finance and Events Conventions/Meetings, Finance ...X
Stephanie Darrow Director, Membership Membership ...X

Meetings/Conferences

Year Descending
Name 
Location 
Facility 
From 
To 
Attendance 
Exhibitors 
Facility Amenities 
2018Public Policy Forum Sandy , UT , United States NICE inContact November 8 November 8    ...X
2017UTC Public Policy Forum Salt Lake City , UT , United States Utah State Capitol February 17 February 17    ...X

Publications

Name 
Frequency 
Advertising 
Membership DirectoryonlineNo...X
Technoogy Updatesemi-monthlyNo...X

Recent Lobbying Spending

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

2019 Q4: $0
2019 Q3: $0
2019 Q2: $0
2019 Q1: $0
2018: $0


PAC Details

Name: -



FEC ID: -



Last updated: -


PAC Contributions

(-)

Outside Representation

Firm Name Ascending
Reg/ Term 
Date 
  This organization has no outside representation data available.
 

Legislative Issue Focus

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

This organization has no legislative issue data available.

Active Legislation

This organization has no active legislation data available.

Contractors

Contractor Ascending
Service Category 
Reported Year Descending
Reported Compensation 
  This organization has no contractors information available.
 

***Disclaimer: This information has been sourced from a combination of the IRS Forms 990, 5500, and the Federal Audit Clearinghouse



 
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