Overview
What is Frederick Innovative Technology Center I Inc?
Frederick Innovative Technology Center I Inc, based in Frederick, Maryland, is a nonprofit organization that offers a nurturing and supportive environment for technology-driven startups. They provide fully-equipped offices and wet labs, equipped with high-speed internet, telephones, and administrative services. With a mission to foster entrepreneurial activity in the information technology and life science industries within Frederick County, MD, they support nearly a hundred employees at any given time. The center's primary goal is to provide a conducive environment for these businesses, enabling their growth and success.
Official website here: www.fitci.org
Is Frederick Innovative Technology Center I Inc legitimate?
Frederick Innovative Technology Center I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frederick Innovative Technology Center I 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: $154,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,121
For more financial information, click here
Official website here: www.fitci.org
What is the mission statement of Frederick Innovative Technology Center I Inc?
Frederick Innovative Technology Center I Inc's mission is focused on encouraging entrepreneurial activity within the fields of information technology and life sciences. The organization aims to create a conducive environment for start-up technology-based businesses, providing them with the necessary support and resources. This is achieved through the provision of furnished offices and well-equipped wet labs, complete with high-speed internet, telephones, and administrative services. At any given time, the center supports businesses employing nearly a hundred people.
Official website here: www.fitci.org
Who is the CEO of Frederick Innovative Technology Center I Inc?
Kathie Callahan Brady is the President/Ceo of Frederick Innovative Technology Center I Inc. The CEO's salary of Frederick Innovative Technology Center I Inc is $65,692 and their total compensation is $65,692.
Official website here: www.fitci.org
What is the revenue of Frederick Innovative Technology Center I Inc?
Frederick Innovative Technology Center I Inc's revenue in 2022 was $794,175.
Official website here: www.fitci.org
Who are the executives of Frederick Innovative Technology Center I Inc and what are their salaries?
The average compensation at Frederick Innovative Technology Center I Inc during 2022 was $45,651. There are 7 employees and 54 volunteers at Frederick Innovative Technology Center I Inc.
Here are 14 key members and their salaries (Frederick Innovative Technology Center I Inc's CEO's salary is $65,692 and their total compensation is $65,692):
- Kathie Callahan Brady (President/Ceo) [Trustee/Director]
- Ted Gregory (Chairman) [Trustee/Director]
- Theresa Bethune (Treasurer/Secretary) [Trustee/Director]
- John Nowell (Vice Chairman) [Trustee/Director]
- Richard Griffin (Member) [Trustee/Director]
- Jodie Bollinger (Member) [Trustee/Director]
- Angie Collier (Member) [Trustee/Director]
- David Gurzick (Member) [Trustee/Director]
- Brett Kraimer (Member) [Trustee/Director]
- Tamar Osterman (Member) [Trustee/Director]
- Jon Rowley (Member) [Trustee/Director]
- Jeanne O'Connell (Member) [Trustee/Director]
- Anne Balduzzi (Member) [Trustee/Director]
- Frank Goldstein (Member) [Trustee/Director]
Official website here: www.fitci.org
Where can I find the form 990 for Frederick Innovative Technology Center I Inc?
The Frederick Innovative Technology Center I Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.fitci.org
Learn more at the official website: www.fitci.org
Mission Statement of Frederick Innovative Technology Center I Inc
Frederick Innovative Technology Center I Inc is committed to creating a nurturing and supportive environment for start-up technology-based businesses. Their mission extends beyond this, as they aim to stimulate entrepreneurial activity in the realms of information technology and life sciences within Frederick County, Maryland. By providing furnished offices and well-equipped wet labs, equipped with high-speed internet, telephones, and administrative services, Frederick Innovative Technology Center I Inc supports businesses that employ nearly a hundred people at any given time. This infrastructure and support system enable these businesses to thrive, contributing to the growth and development of the technology and life sciences industries in the region.
Impact
This information is meant to be a general summary of Frederick Innovative Technology Center I Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 1, 2024
Frederick Innovative Technology Center I Inc's impact can be seen in its support of technology-based startup businesses in Frederick County, Maryland. By providing a nurturing and supportive environment, equipped with necessary resources such as furnished offices, wet labs, high-speed internet, and administrative services, the center plays a crucial role in fostering entrepreneurial activity in the information technology and life science industries. At any given time, the center supports clients who collectively employ nearly a hundred people, contributing to the growth of the local economy and the development of innovative solutions. The center's efforts align with its mission to drive community improvement by encouraging the advancement of technology and life science ventures in the region.
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.
RENTAL INCOME FROM TEN
Revenue
$509,322
SERVICE FEES FROM CLIE
Revenue
$54,067
Organization Details
Founding Year
2004
Phone
(301) 694-2999
Principal Officer
Kathie Callahan Brady
Main Address
4539 METROPOLITAN COURT, FREDERICK, MD, 21704
Website
www.fitci.org
NTEE Category
Code: S300 - Community improvement
If you are a representative of Frederick Innovative Technology Center I 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.