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Citec Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133673737 ✦ Potsdam, NY ✦ Designated as a 501(c)(3)

Overview

What is Citec Inc?

Citec Inc, located in Potsdam, New York, is a nonprofit organization with a focus on supporting the advancement and expansion of technology-driven businesses. They accomplish this through various means, including international trade, educational resources, and effective communication. With a modest workforce of eight individuals, Citec Inc plays a significant role in fostering the growth of technological enterprises, contributing to the overall development of the industry.


Official website here: www.citec.org

Is Citec Inc legitimate?

Citec Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citec 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $631,998

For more financial information, click here


Official website here: www.citec.org

What is the mission statement of Citec Inc?

Citec Inc is dedicated to supporting the advancement and expansion of technology-focused businesses globally. They accomplish this through various means, including international trade, educational resources, and effective communication. The organization's mission is to facilitate the growth of these businesses, thereby contributing to the technology sector on a global scale. By providing assistance in these areas, Citec Inc aims to foster a conducive environment for the success of technology-based enterprises. Their activities encompass international cooperation, knowledge sharing, and promoting open communication channels within the tech industry.


Official website here: www.citec.org

Who is the CEO of Citec Inc?

George Bouyea is the President of Citec Inc.


Official website here: www.citec.org

What is the revenue of Citec Inc?

Citec Inc's revenue in 2022 was $957,572.


Official website here: www.citec.org

Who are the executives of Citec Inc and what are their salaries?

The average compensation at Citec Inc during 2022 was $79,000. There are 8 employees and 12 volunteers at Citec Inc.

Here are 14 key members and their salaries:

    Steven Lockwood (Executive Director)
  • Compensation: $144,823
  • Related: $0
  • Other: $0

    • Katerine Chepeleff (Business Advisor)
  • Compensation: $107,364
  • Related: $0
  • Other: $0

    • George Bouyea (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Mcmahon (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Votraw (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Bacon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manna Doyle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Hunt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Chatterton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mimi Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eugene Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Busse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Partch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.citec.org

    Where can I find the form 990 for Citec Inc?

    The Citec Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.citec.org

    Learn more at the official website: www.citec.org

    Mission Statement of Citec Inc

    Citec Inc, a prominent entity, is dedicated to assisting the development and growth of technology-based businesses. This assistance is multifaceted, encompassing international trade, educational resources, and communication. By leveraging these areas, Citec Inc aims to foster the expansion of technology-focused enterprises, contributing to the broader technological landscape. This mission is executed through various means, with international trade serving as a platform for businesses to expand their reach and establish connections in global markets. Additionally, Citec Inc offers educational resources to equip these businesses with the necessary knowledge and skills to thrive in the competitive technological landscape. Lastly, the organization emphasizes the importance of effective communication in facilitating successful international collaborations and fostering a supportive network within the technology industry.

    Impact

    This information is meant to be a general summary of Citec Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Citec Inc's impact is significant in fostering the development and growth of technology-based businesses through international trade, educational resources, and communication. By providing assistance in these areas, Citec Inc plays a crucial role in supporting the advancement of technology companies, facilitating their expansion into global markets, and enhancing their access to educational resources. This proactive approach contributes to the overall growth and success of the technology sector, ultimately driving innovation and economic development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,245
  • Program Service Revenue: $380,327
  • Gross Receipts: $957,572

    • Assets and Liabilities:
  • Total Assets: $1,432,595
  • Total Liabilities: $102,080
  • Net Assets: $1,330,515
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROJECT FEES

    Revenue

    $364,342

    ADMINISTRATIVE FEES

    Revenue

    $15,985

    Organization Details

    Founding Year

    1985

    Principal Officer

    George Bouyea

    Main Address

    CO CLARKSON UNIVERSITY BOX 8561, POTSDAM, NY, 136998561

    NTEE Category

    Code: B99Z - Education

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