TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202143069349300914 - Submission: 2021-11-02 TIN: 06-1058206

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

THE COMPUTING TECHNOLOGY INDUSTRY ASSOC
INC

Employer identification number

06-1058206

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1	THE VOTING MEMBERS OF THE EXECUTIVE COMMITTEE ARE COMPRISED OF THE BOARD CHAIR, BOARD VICE-CHAIR, AUDIT AND INVESTMENT COMMITTEE CHAIR, THE PRESIDENT AND CEO, AND THE IMMEDIATE PAST CHAIR OF THE BOARD. ALL OF THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE ALSO MEMBERS OF THE BOARD OF DIRECTORS, THE GOVERNING BODY OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE ORGANIZATION IN ANY MATTER WHEN THE BOARD IS NOT IN SESSION PROVIDED THAT SUCH MATTER DOES NOT REQUIRE A BOARD VOTE AS PROVIDED FOR IN THE BYLAWS OR ANY APPLICABLE BOARD POLICY. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS.
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS 1690 MEMBERS MADE UP OF INFORMATION TECHNOLOGY (IT)
FORM 990, PART VI, SECTION A, LINE 7A	MEMBERS ARE COMPOSED OF IT RESELLERS, IT VENDORS, AND IT DISTRIBUTORS AND HAVE THE RIGHT TO ELECT BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS REVIEWED BY THE PRESIDENT/CEO, CHIEF FINANCIAL OFFICER, BOARD OF DIRECTORS, AND THE AUDITORS OF THE ASSOCIATION.
FORM 990, PART VI, SECTION B, LINE 12C	THE ASSOCIATION HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR THE BOARD OF DIRECTORS AND PERIODICALLY ASKS FOR UPDATED SIGNED COPIES OF THIS POLICY FROM ITS BOARD MEMBERS. IT ALSO HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND HAS NEW EMPLOYEES SIGN THE POLICY. THE BOARD'S AUDIT AND INVESTMENT COMMITTEE REVIEWS THE BOARD, OFFICER AND EMPLOYEE CONFLICT OF INTEREST STATEMENTS TAKING ACTION AS DEFINED BY THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE USING AN INDEPENDENT COMPENSATION CONSULTANT, THE FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION SURVEYS AND STUDIES, AND APPROVAL BY THE COMMITTEE AND BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	DIVIDENDS PAID BY COMPTIA INVESTMENTS 2018 ADJ -12,093,574. ELIMINATING ENTRY - TRAINING REVENUE ELIMINATING ENTRY - OTHER INCOME IN-KIND CONTRIBUTIONS 519,447. ELIMINATING ENTRY - COSTS OF TESTS DELIVERED ELIMINATING ENTRY - CONSULTING ELIMINATING ENTRY - PROGRAM DEVELOPMENT ELIMINATING ENTRY - OTHER EXPENSES ELIMINATING ENTRY - DONATIONS TO OTHER CHARITIES INTERCOMPANY ELIMINATING ENTRY - VARIANCE
PART XII, LINE 2C	THE ORGANIZATION HAS NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 1

THE VOTING MEMBERS OF THE EXECUTIVE COMMITTEE ARE COMPRISED OF THE BOARD CHAIR, BOARD VICE-CHAIR, AUDIT AND INVESTMENT COMMITTEE CHAIR, THE PRESIDENT AND CEO, AND THE IMMEDIATE PAST CHAIR OF THE BOARD. ALL OF THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE ALSO MEMBERS OF THE BOARD OF DIRECTORS, THE GOVERNING BODY OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE ORGANIZATION IN ANY MATTER WHEN THE BOARD IS NOT IN SESSION PROVIDED THAT SUCH MATTER DOES NOT REQUIRE A BOARD VOTE AS PROVIDED FOR IN THE BYLAWS OR ANY APPLICABLE BOARD POLICY. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS.

FORM 990, PART VI, SECTION A, LINE 6

THE ORGANIZATION HAS 1690 MEMBERS MADE UP OF INFORMATION TECHNOLOGY (IT)

FORM 990, PART VI, SECTION A, LINE 7A

MEMBERS ARE COMPOSED OF IT RESELLERS, IT VENDORS, AND IT DISTRIBUTORS AND HAVE THE RIGHT TO ELECT BOARD MEMBERS.

FORM 990, PART VI, SECTION B, LINE 11B

THE 990 IS REVIEWED BY THE PRESIDENT/CEO, CHIEF FINANCIAL OFFICER, BOARD OF DIRECTORS, AND THE AUDITORS OF THE ASSOCIATION.

FORM 990, PART VI, SECTION B, LINE 12C

THE ASSOCIATION HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR THE BOARD OF DIRECTORS AND PERIODICALLY ASKS FOR UPDATED SIGNED COPIES OF THIS POLICY FROM ITS BOARD MEMBERS. IT ALSO HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND HAS NEW EMPLOYEES SIGN THE POLICY. THE BOARD'S AUDIT AND INVESTMENT COMMITTEE REVIEWS THE BOARD, OFFICER AND EMPLOYEE CONFLICT OF INTEREST STATEMENTS TAKING ACTION AS DEFINED BY THE POLICY.

FORM 990, PART VI, SECTION B, LINE 15

COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE USING AN INDEPENDENT COMPENSATION CONSULTANT, THE FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION SURVEYS AND STUDIES, AND APPROVAL BY THE COMMITTEE AND BOARD OF DIRECTORS.

FORM 990, PART VI, SECTION C, LINE 19

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART XI, LINE 9:

DIVIDENDS PAID BY COMPTIA INVESTMENTS 2018 ADJ -12,093,574. ELIMINATING ENTRY - TRAINING REVENUE ELIMINATING ENTRY - OTHER INCOME IN-KIND CONTRIBUTIONS 519,447. ELIMINATING ENTRY - COSTS OF TESTS DELIVERED ELIMINATING ENTRY - CONSULTING ELIMINATING ENTRY - PROGRAM DEVELOPMENT ELIMINATING ENTRY - OTHER EXPENSES ELIMINATING ENTRY - DONATIONS TO OTHER CHARITIES INTERCOMPANY ELIMINATING ENTRY - VARIANCE

PART XII, LINE 2C

THE ORGANIZATION HAS NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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