Overview
What is Slater Technology Fund Inc?
Slater Technology Fund Inc, located in Providence, Rhode Island, is a nonprofit organization dedicated to fostering scientific research and development in the biomedical and information technology sectors. Their mission involves supporting job creation and economic activity in Rhode Island, primarily through grant, equity, and loan awards to small businesses or entrepreneurs aiming to establish ventures in these industries. With a team of three individuals, they have awarded loans to seven local companies, contributing to Rhode Island's advancement in biomedical, informational technologies, and the energy industry.
Official website here: www.slaterfund.com
Is Slater Technology Fund Inc legitimate?
Slater Technology Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slater Technology Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $750,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,149
For more financial information, click here
Official website here: www.slaterfund.com
What is the mission statement of Slater Technology Fund Inc?
Slater Technology Fund Inc is dedicated to promoting scientific research and development in the fields of biomedical and informational technologies. Their primary aim is to support job creation and economic activity in these sectors. They offer grant, equity, and loan awards to eligible small businesses or individuals planning to establish such businesses, with the intention of fostering growth and innovation in these areas. By doing so, they aim to contribute to the overall advancement of technology and its applications.
Official website here: www.slaterfund.com
Who is the CEO of Slater Technology Fund Inc?
Thorne Sparkman Iii is the Director of Slater Technology Fund Inc.
Official website here: www.slaterfund.com
What is the revenue of Slater Technology Fund Inc?
Slater Technology Fund Inc's revenue in 2022 was $2,092,918.
Official website here: www.slaterfund.com
Who are the executives of Slater Technology Fund Inc and what are their salaries?
The average compensation at Slater Technology Fund Inc during 2022 was $277,748. There are 3 employees at Slater Technology Fund Inc.
Here are 12 key members and their salaries:
- Thorne Sparkman Iii (President/Managing Director)
- Robert Chatham (Director)
- Dennis J Duffy Esq (Director)
- Raymond M Mathieu (Director (To 12/2021))
- Richard Spies (Director (To 12/2021))
- Robert J Maccini (Director)
- Christopher Graham Esq (Director)
- Alden Anderson Jr (Director)
- Patrice Milos Phd (Director)
- Nancy Gray (Director)
- Larry Larson (Director)
- Donald L Stanford (Director (As Of 6/22))
Official website here: www.slaterfund.com
Where can I find the form 990 for Slater Technology Fund Inc?
The Slater Technology Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.slaterfund.com
Learn more at the official website: www.slaterfund.com
Mission Statement of Slater Technology Fund Inc
Slater Technology Fund Inc is dedicated to promoting scientific research and development in the domains of biomedical and informational technologies. Their mission is twofold: firstly, they aim to stimulate job creation and foster other economic activities in these technology sectors. Secondly, they offer grant, equity, and loan awards to small businesses or individuals planning to establish such enterprises, thereby supporting the growth of these technologies within their field. By investing in these innovative ventures, Slater Technology Fund Inc contributes to the advancement of scientific research and development, ultimately driving economic growth and job creation.
Impact
This information is meant to be a general summary of Slater Technology Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Slater Technology Fund Inc promotes scientific research and development in the areas of biomedical and informational technologies in the state of Rhode Island. By supporting job creation and economic activity based on these technologies, Slater Technology Fund Inc plays a crucial role in fostering innovation and driving growth in the state. Small businesses in Rhode Island, as well as individuals planning to establish such businesses, can benefit from grant, equity, and loan awards from the fund, further contributing to the advancement of these technologies and the local economy. Through initiatives like technology development loans awarded to companies in key industries, Slater Technology Fund Inc is actively shaping the landscape of scientific innovation and economic progress in Rhode Island.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIVS - INV IN QUAL ENT
Revenue
$210,871
INT - TECH DEV LOANS
Revenue
$122,285
Organization Details
Founding Year
1997
Phone
(401) 831-6633
Principal Officer
Thorne Sparkman Iii
Main Address
PO BOX 9142, PROVIDENCE, RI, 02940
Website
www.slaterfund.com
NTEE Category
Code: U30Z - Science research
If you are a representative of Slater Technology Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.