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Ben Franklin Technology Partners Ne Pa

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

EIN: 232517422 ✦ Bethlehem, PA ✦ Designated as a 501(c)(3)

Overview

What is Ben Franklin Technology Partners Ne Pa?

Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEPa) is a nonprofit organization based in Bethlehem, Pennsylvania. Their mission is to foster economic growth in the region by promoting innovation and partnering with businesses. They specialize in supporting early-stage technology-oriented companies and helping established manufacturers adopt new technologies and business practices. By connecting companies with universities and various resources, BFTP/NEPa aims to build long-term relationships and address business challenges. With a team of 23 employees, they strive to transform the local economy through their expertise, creativity, and focused resources.


Official website here: www.nep.benfranklin.org

Is Ben Franklin Technology Partners Ne Pa legitimate?

Ben Franklin Technology Partners Ne Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ben Franklin Technology Partners Ne Pa 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: $731,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,764,088

For more financial information, click here


Official website here: www.nep.benfranklin.org

What is the mission statement of Ben Franklin Technology Partners Ne Pa?

Ben Franklin Technology Partners Ne Pa aims to drive the transformation of the regional economy by fostering innovation and collaboration. They establish long-term relationships with businesses by providing expertise, creativity, and resources to tackle challenges. Acting as the Commonwealth's technology leader, they promote high-value business growth and economic development by leveraging their credibility and distinctiveness. Their mission is to promote, sustain, and invest in the regional economy's transformation through strategic partnerships and innovative approaches.


Official website here: www.nep.benfranklin.org

Who is the CEO of Ben Franklin Technology Partners Ne Pa?

Angelo J Valletta is the Ceo/President of Ben Franklin Technology Partners Ne Pa. The CEO's salary of Ben Franklin Technology Partners Ne Pa is $289,148 and their total compensation is $311,344.


Official website here: www.nep.benfranklin.org

What is the revenue of Ben Franklin Technology Partners Ne Pa?

Ben Franklin Technology Partners Ne Pa's revenue in 2022 was $12,276,721.


Official website here: www.nep.benfranklin.org

Who are the executives of Ben Franklin Technology Partners Ne Pa and what are their salaries?

The average compensation at Ben Franklin Technology Partners Ne Pa during 2022 was $108,497. There are 23 employees and 50 volunteers at Ben Franklin Technology Partners Ne Pa.

Here are 19 key members and their salaries (Ben Franklin Technology Partners Ne Pa's CEO's salary is $289,148 and their total compensation is $311,344):

    Patricia Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $465,746
  • Other: $30,328

    • Dr Alan J Snyder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $404,074
  • Other: $39,483

    • R Chadwick Paul Jr (Board Member) [Trustee/Director]
  • Compensation: $357,439
  • Related: $0
  • Other: $51,490

    • Angelo J Valletta (Ceo/President)
  • Compensation: $289,148
  • Related: $0
  • Other: $22,196

    • Kathy Ann Minnich (Cfo/Treasurer/Secretary)
  • Compensation: $163,212
  • Related: $0
  • Other: $34,144

    • Wayne Barz (Cio/Asst Treasurer/Asst Secy)
  • Compensation: $140,488
  • Related: $0
  • Other: $29,698

    • Laura Eppler (Chief Marketing Officer)
  • Compensation: $110,793
  • Related: $0
  • Other: $28,292

    • Connie Faylor (Regional Manager Berks/Schuylk)
  • Compensation: $104,712
  • Related: $0
  • Other: $31,085

    • Kenneth Okrepkie (Regional Mgr Pocono)
  • Compensation: $116,837
  • Related: $0
  • Other: $11,299

    • Barbara Lampe (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan Heller (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald L Bauer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth P Guito (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Glen Bressner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Gaynor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Oster (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Jill Murray (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Crowley Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nep.benfranklin.org

    Where can I find the form 990 for Ben Franklin Technology Partners Ne Pa?

    The Ben Franklin Technology Partners Ne Pa’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nep.benfranklin.org

    Learn more at the official website: www.nep.benfranklin.org

    Mission Statement of Ben Franklin Technology Partners Ne Pa

    Ben Franklin Technology Partners Ne Pa, a renowned nonprofit organization, is on a mission to foster and sustain the growth of the regional economy by championing innovation and strategic partnerships. With a deep commitment to the transformation of the economy, this esteemed organization builds long-term relationships with its clients by applying expertise, creativity, and focused resources to tackle business challenges. As the leading technology catalyst, Ben Franklin Technology Partners Ne Pa leverages its credibility and uniqueness to drive high-value business expansion and economic development. By nurturing a culture of innovation, the organization supports the growth of businesses, creating a ripple effect that benefits the local community and the economy as a whole. Through its innovative approach and unwavering dedication, Ben Franklin Technology Partners Ne Pa is a driving force behind the region's economic progress.

    Impact

    This information is meant to be a general summary of Ben Franklin Technology Partners Ne Pa. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ben Franklin Technology Partners Ne Pa plays a crucial role in driving innovation and economic growth in the region. By connecting companies with universities, funding, and other resources, it helps businesses thrive through innovation. The organization's focus on developing early-stage technology companies and assisting established manufacturers in applying new technology and business practices contributes to the transformation of the regional economy. Through expertise, creativity, and focused resources, Ben Franklin Technology Partners Ne Pa builds long-term relationships with its clients, promoting high-value business growth 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: $6,995,583
  • Program Service Revenue: $1,760,038
  • Gross Receipts: $19,723,472

    • Assets and Liabilities:
  • Total Assets: $62,281,890
  • Total Liabilities: $1,766,429
  • Net Assets: $60,515,461
  • Programs

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

    BUSINESS INCUBATOR REVENUE

    Revenue

    $1,370,323

    CLIENT LOAN INTEREST

    Revenue

    $385,315

    EVENTS TO SHOWCASE CLIENTS

    Revenue

    $4,400

    Organization Details

    Founding Year

    1988

    Principal Officer

    Angelo J Valletta

    Main Address

    116 Research DRIVE PLAZA LEVEL, Bethlehem, PA, 180154731

    NTEE Category

    Code: S300 - Community improvement

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