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Connect Foundation

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

EIN: 203049742 ✦ San diego, CA ✦ Designated as a 501(c)(3)

Overview

What is Connect Foundation?

Connect Foundation is a nonprofit organization based in San Diego, California, specifically at 9605 Scranton Road 110. Its primary mission is to elevate entrepreneurs within the life science and tech communities of the region by providing educational programming, mentorship, introductions, and access to capital. The foundation aims to help innovative companies thrive, ultimately making a meaningful impact on San Diego's development. Established over three decades ago, Connect Foundation serves as a trusted partner, fostering a world-class innovation economy by supporting entrepreneurs from their early stages to seasoned executives. The organization operates across various industry verticals, driven by an inclusive social good mindset, aiming to make a positive impact across the entire megaregion. With a workforce of 14 individuals, Connect Foundation plays a significant role in igniting San Diego's innovation economy.


Official website here: www.connect.org

Is Connect Foundation legitimate?

Connect Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connect Foundation 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: $476,287
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,165,862

For more financial information, click here


Official website here: www.connect.org

What is the mission statement of Connect Foundation?

The Connect Foundation's mission is to foster entrepreneurship by offering educational programming, mentorship, introductions, and access to capital. Their goal is to help innovative companies thrive, enabling them to make a significant impact in various sectors. Established as an innovation instigator, Connect Foundation supports entrepreneurs, from first-time founders to seasoned executives, as they grow their companies. Operating across diverse industry verticals, the foundation is driven by a mindset centered on inclusive social good, aiming to make a positive impact across the entirety of the region. By providing access to institutional capital, strategic advising, and partnering opportunities, Connect Foundation brings together the region's culture and spirit to ignite its innovation economy.


Official website here: www.connect.org

Who is the CEO of Connect Foundation?

Mike Krenn is the Member Of Board of Connect Foundation. The CEO's salary of Connect Foundation is $301,140 and their total compensation is $301,140.


Official website here: www.connect.org

What is the revenue of Connect Foundation?

Connect Foundation's revenue in 2023 was $2,562,877.


Official website here: www.connect.org

Who are the executives of Connect Foundation and what are their salaries?

The average compensation at Connect Foundation during 2023 was $117,296. There are 14 employees and 30 volunteers at Connect Foundation.

Here are 94 key members and their salaries (Connect Foundation's CEO's salary is $301,140 and their total compensation is $301,140):

    Mike Krenn (Ceo)
  • Compensation: $301,140
  • Related: $0
  • Other: $0

    • Marcela Christie (Coo)
  • Compensation: $175,147
  • Related: $0
  • Other: $0

    • Adam Harris (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ajay Nirula (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arama Kukutai (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Van Zeeland (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Williams (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Brower (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Glova (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Rucks (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Steel (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Knox (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carin Canale Theakston (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheston Larson (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christian Salaman (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Bibler (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clark Libenson (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Golding (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Czachary Myers (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Fitzgerald (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Coats (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hale (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Weitz (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dena Marrinucci (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Bevers (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Rosenberg (Member Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Winter (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Bryant (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Enoch Kariuki (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Otterson (Co-Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Caldwell (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabrielle Dubick (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerardo Godinez (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Ace (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hunter Reed (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Boaz (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Mackay (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Ruth (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Lichter (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jen Derks (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenell Mckay (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Glaser (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Strain (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Dunn (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Frager (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Kabakoff (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kc Freer (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Meissner (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Killu Sanborn (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Kamdar (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirt Shuldberg (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristina Hess (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Wicker (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Walshok (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Browne (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Sanford (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthewd'Alessandro (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Howard (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Umansky (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Casler (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Kinkelaar (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitch Clawson (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitch Kronenberg (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Johnson (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Westlake (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Jelsma (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pradeep Khosla (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Priya Kannan-Narasimhan (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quinn Li (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Socol (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Red Roth (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricard Dos Santos (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Belliotti (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Valencia (Co-Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Buell (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Melnick (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scot Ginsburg (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Foote (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Schindler (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stanley Maloy (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stath Karras (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephane Shu Kin So (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Berhorst (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Pacelli (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Chinowsky (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Starr (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susie Harborth (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Scott (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trevor Walker (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Duke (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Lay (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Orion (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Wilson (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Ashton (Member Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.connect.org

    Where can I find the form 990 for Connect Foundation?

    The Connect Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.connect.org

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

    Mission Statement of Connect Foundation

    The Connect Foundation, as an innovation instigator, is dedicated to elevating San Diego's entrepreneurial landscape. Established over three decades ago, this organization serves as a trusted partner, supporting pioneers in the life science and tech communities as they navigate the journey from budding entrepreneurs to seasoned executives. The Connect Foundation operates across various industry verticals, fostering an inclusive social good ethos that aims to create a positive impact across the entire innovation ecosystem.

    In pursuit of its mission, the Connect Foundation provides a range of services designed to nurture entrepreneurial mastery. By offering access to institutional capital, strategic advising, and partnering opportunities, the organization brings together the region's culture and spirit to ignite the innovation economy. The Connect Foundation serves as a beacon of support, guiding entrepreneurs through the challenges of scaling their companies, from inception to maturity. Ultimately, the Connect Foundation's mission is to build a world-class innovation economy, enabling innovative companies to thrive and make meaningful contributions to the development of their respective communities.

    Impact

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




    Thursday, August 15, 2024

    The Connect Foundation is elevating entrepreneurs in San Diego by providing educational programming, mentorship, introductions, and access to capital. Through their efforts, they are helping innovative companies thrive and make a meaningful impact in the development of the San Diego region. Connect Foundation's activities, such as the Life Science Luminary Dinner, bring together top innovators in the life science community to build relationships, network, and celebrate achievements. By propelling entrepreneurs, providing access to institutional capital, strategic advising, and partnering opportunities, Connect Foundation is igniting the region's innovation economy and fostering a culture of inclusive social good.





    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 2023.

  • Investment Income: $362
  • Program Service Revenue: $456,384
  • Gross Receipts: $2,562,877

    • Assets and Liabilities:
  • Total Assets: $2,581,098
  • Total Liabilities: $1,278,709
  • Net Assets: $1,302,389
  • Programs

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

    UNDERWRITING

    Revenue

    $244,500

    PROGRAM FEES

    Revenue

    $211,884

    Organization Details

    Founding Year

    2005

    Principal Officer

    Mike Krenn

    Main Address

    9605 SCRANTON ROAD 110, SAN DIEGO, CA, 92121

    NTEE Category

    Code: B90 - Education

    If you are a representative of Connect Foundation 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.