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Concurrent Technologies Corporation

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

EIN: 251556708 ✦ Johnstown, PA ✦ Designated as a 501(c)(3)

Overview

What is Concurrent Technologies Corporation?

Concurrent Technologies Corporation (CTC) is a Pennsylvania-based organization with a workforce of 420 employees. They are dedicated to providing research and development services, focusing on innovative technology and management solutions in the public interest. One of their significant projects is the Interboundary Secure Information Sharing (ISIS) Program, which aims to create a new cross domain system, the Next Generation Cross Domain Solution (NGCDS). This comprehensive system will consolidate the functionalities of various existing cross domain systems and integrate new technologies to secure enterprise and cloud computing environments. CTC also offers support for existing cross domain systems until their functionality is integrated into the NGCDS.


Official website here: www.ctc.com

Is Concurrent Technologies Corporation legitimate?

Concurrent Technologies Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concurrent Technologies Corporation 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: $1,815,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,379,784

For more financial information, click here


Official website here: www.ctc.com

What is the mission statement of Concurrent Technologies Corporation?

Concurrent Technologies Corporation (CTC) is dedicated to delivering scientific research and development services in the public interest, producing innovative technology and management solutions. Their primary focus lies in providing applied scientific research to create advanced capabilities for enterprise and cloud computing environments. Specifically, they are working on the Interboundary Secure Information Sharing (ISIS) Program, which aims to develop the Next Generation Cross Domain Solution (NGCDS). This system will consolidate the functionality of several existing cross domain systems and incorporate new cross domain technologies for comprehensive cross domain capabilities. CTC's scope of work encompasses development, testing, installation, training, and support for both new and existing cross domain systems and technologies.


Official website here: www.ctc.com

Who is the CEO of Concurrent Technologies Corporation?

Edward J Sheehan Jr is the Board Member/President/Ceo of Concurrent Technologies Corporation. The CEO's salary of Concurrent Technologies Corporation is $676,944 and their total compensation is $714,750.


Official website here: www.ctc.com

What is the revenue of Concurrent Technologies Corporation?

Concurrent Technologies Corporation's revenue in 2023 was $85,160,637.


Official website here: www.ctc.com

Who are the executives of Concurrent Technologies Corporation and what are their salaries?

The average compensation at Concurrent Technologies Corporation during 2023 was $79,036. There are 420 employees at Concurrent Technologies Corporation.

Here are 21 key members and their salaries (Concurrent Technologies Corporation's CEO's salary is $676,944 and their total compensation is $714,750):

    Edward J Sheehan Jr (Board Member/President/Ceo) [Trustee/Director]
  • Compensation: $676,944
  • Related: $0
  • Other: $37,806

    • George W Appley (Executive Vice Pres/Coo)
  • Compensation: $486,842
  • Related: $0
  • Other: $37,253

    • Robert W Kubler (Executive Director)
  • Compensation: $260,849
  • Related: $0
  • Other: $23,001

    • Timothy S Tibbits (Executive Director)
  • Compensation: $254,218
  • Related: $0
  • Other: $23,283

    • John E Klein (Cfo/Treasurer)
  • Compensation: $229,660
  • Related: $0
  • Other: $32,719

    • Davin Shearer (Sr Principal Sys Eng)
  • Compensation: $212,889
  • Related: $0
  • Other: $33,007

    • Alan W Briggs (Sr Dir, Cds Prg Lead)
  • Compensation: $227,653
  • Related: $0
  • Other: $17,738

    • Mark T Soyka (Advisor Information Tech)
  • Compensation: $210,488
  • Related: $0
  • Other: $28,832

    • Sharon L Paterson (Executive Officer/Asst Sec)
  • Compensation: $113,957
  • Related: $0
  • Other: $13,071

    • Honorable Jeffrey K Harris (Board Chairman) [Trustee/Director]
  • Compensation: $38,684
  • Related: $0
  • Other: $0

    • Dale Mosier (Board Vice-Chairman) [Trustee/Director]
  • Compensation: $32,124
  • Related: $0
  • Other: $0

    • Camile M Nichols (Board Member) [Trustee/Director]
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Sean P Roche (Board Member) [Trustee/Director]
  • Compensation: $29,583
  • Related: $0
  • Other: $0

    • Gary C Slack (Board Member) [Trustee/Director]
  • Compensation: $29,583
  • Related: $0
  • Other: $0

    • Dawn R Eilenberger (Board Member) [Trustee/Director]
  • Compensation: $27,917
  • Related: $0
  • Other: $0

    • Joseph L Yakovac (Board Member) [Trustee/Director]
  • Compensation: $27,500
  • Related: $0
  • Other: $0

    • Daniel T Perkins (Board Member) [Trustee/Director]
  • Compensation: $27,500
  • Related: $0
  • Other: $0

    • John F Phillips Thru 102022 (Former Board Member) [Trustee/Director]
  • Compensation: $24,583
  • Related: $0
  • Other: $0

    • Linda Thomson (Board Member) [Trustee/Director]
  • Compensation: $23,333
  • Related: $0
  • Other: $0

    • Robert J Eyer Thru 102022 (Former Board Member) [Trustee/Director]
  • Compensation: $22,683
  • Related: $0
  • Other: $0

    • Robert A Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ctc.com

    Where can I find the form 990 for Concurrent Technologies Corporation?

    The Concurrent Technologies Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ctc.com

    Learn more at the official website: www.ctc.com

    Mission Statement of Concurrent Technologies Corporation

    Concurrent Technologies Corporation (CTC) is a research and development organization dedicated to creating innovative technology and management solutions in the public interest. They specialize in applied scientific research, developing cutting-edge technology to address various challenges. CTC's mission is to provide industry-leading services that consolidate the functionality of multiple existing systems and integrate new technologies, tailored for enterprise and cloud computing environments.

    The corporation's most recent project, the Interboundary Secure Information Sharing (ISIS) Program, aims to develop the Next Generation Cross Domain Solution (NGCDS). This new system will incorporate advanced cross domain technologies, consolidating the functions of several existing cross domain systems. By doing so, CTC's NGCDS is designed to offer a comprehensive cross domain capability, ensuring robust security for diverse computing environments.

    CTC's role in this project extends beyond just developing the new system. They are also providing ongoing support for existing cross domain systems until their functionality is absorbed into the NGCDS. Their efforts encompass development, modification, testing, assembly, delivery, installation, training, troubleshooting, and logistics support for both new and existing cross domain systems and technologies.

    Impact

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




    Thursday, August 15, 2024

    Concurrent Technologies Corporation's impact lies in its provision of applied scientific research and development services in the public interest to develop innovative technology and management solutions. Through initiatives like the Interboundary Secure Information Sharing (ISIS) Program, which aims to develop the Next Generation Cross Domain Solution (NGCDS), CTC is actively working towards enhancing cross domain capabilities for enterprise and cloud computing environments. This effort includes the development, modification, testing, assembly, delivery, installation, training, troubleshooting support, and logistics support for existing and new cross domain systems and technologies. Overall, CTC's work in the field of science research has a tangible impact on advancing technological solutions for the benefit of society.





    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: $497,983
  • Program Service Revenue: $6,441,092
  • Gross Receipts: $86,710,767

    • Assets and Liabilities:
  • Total Assets: $73,411,767
  • Total Liabilities: $17,539,278
  • Net Assets: $55,872,489
  • Programs

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

    Contract Revenues

    Revenue

    $6,441,092

    Organization Details

    Founding Year

    1987

    Principal Officer

    Edward J Sheehan Jr

    Main Address

    100 CTC DRIVE, JOHNSTOWN, PA, 159041935

    NTEE Category

    Code: U40 - Science research

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