nonprofit logo

Gmto Corporation

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

EIN: 262637707 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

Overview

What is Gmto Corporation?

The Gmto Corporation is a collaborative nonprofit organization based in Pasadena, California, dedicated to the design, development, construction, and operation of the Giant Magellan Telescope (GMT), an advanced astronomical telescope. During the fiscal year ending June 30, 2022, they completed construction work on the water utility package at the telescope site in Chile and continued work on mirror segments and designing major subsystems. The corporation consists of 95 employees and is a joint initiative between universities and research institutions aiming to push the boundaries of astronomical discoveries.


Official website here: www.gmto.org

Is Gmto Corporation legitimate?

Gmto Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gmto 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: $1,881,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,871,357

For more financial information, click here


Official website here: www.gmto.org

What is the mission statement of Gmto Corporation?

The Gmto Corporation is a collaborative initiative between universities and research institutions, dedicated to designing, developing, constructing, and operating the next-generation Giant Magellan Telescope (GMT) for astronomical research. The organization's primary objective is to bring together resources and expertise to create a cutting-edge astronomical telescope. All funds are directed toward the realization of this goal. During the fiscal year ending June 30, 2022, the Gmto Corporation completed the construction work on the water utility package at the telescope site and continued progress on the primary mirror segments and major subsystems. The team also engaged in design work, including prototyping and underwent various design reviews.


Official website here: www.gmto.org

Who is the CEO of Gmto Corporation?

Robert Shelton is the President of Gmto Corporation.


Official website here: www.gmto.org

What is the revenue of Gmto Corporation?

Gmto Corporation's revenue in 2022 was $32,220,104.


Official website here: www.gmto.org

Who are the executives of Gmto Corporation and what are their salaries?

The average compensation at Gmto Corporation during 2022 was $165,821. There are 95 employees and 15 volunteers at Gmto Corporation.

Here are 27 key members and their salaries:

    Robert Shelton (President)
  • Compensation: $494,601
  • Related: $0
  • Other: $75,308

    • James Fanson (Project Manager)
  • Compensation: $319,660
  • Related: $0
  • Other: $67,570

    • Alan Gordon (Cfo & Vp Of Business Operations)
  • Compensation: $258,074
  • Related: $0
  • Other: $76,960

    • Rebecca Bernstein (Project Scientist)
  • Compensation: $267,374
  • Related: $0
  • Other: $57,454

    • Dean Horton (Contract Officer (Thru 12/21))
  • Compensation: $241,550
  • Related: $0
  • Other: $82,962

    • Glenn Brossus (Assistant Project Manager)
  • Compensation: $230,732
  • Related: $0
  • Other: $86,092

    • William Burgett (Deputy Project Manager)
  • Compensation: $251,660
  • Related: $0
  • Other: $61,902

    • Sara Lee Keller (General Counsel)
  • Compensation: $221,657
  • Related: $0
  • Other: $65,601

    • Bruce Bigelow (Site, Enclosure, Facilities Mgr)
  • Compensation: $231,048
  • Related: $0
  • Other: $53,504

    • Iris Breazeale-Lucero (Dep. Proj. Bus. Mgr. (Thru 05/21))
  • Compensation: $241,059
  • Related: $0
  • Other: $16,120

    • Walter Massey (Chair, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Taft Armandroff (Vice Chair, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Jack Baldauf (Board Member (From 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Isaacs (Board Member (Thru 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Claudia Lucia Mendes De Oliveira (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mccarthy (Board Member (From 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Byeong-Gon Park (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sung Hyun Park (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Pearce (Board Member (From 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nigel Poole (Board Member (Thru 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Jerry Strawser (Board Member (Thru 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.gmto.org

    Where can I find the form 990 for Gmto Corporation?

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


    Official website here: www.gmto.org

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

    Mission Statement of Gmto Corporation

    Gmto Corporation, a collaborative effort between universities and research institutions, is dedicated to the design, development, construction, and operation of the next-generation Giant Magellan Telescope (GMT) for astronomical research. This corporation's purpose is to bring together the collective expertise and resources of its academic and research partners to build a state-of-the-art astronomical telescope. All contributions and expenses are channeled towards this goal.

    During the fiscal year ending June 30, 2022, Gmto Corporation completed the construction work of the water utility package at the telescope site. Meanwhile, progress continued on the primary mirror segments, and design work advanced on major subsystems, including prototyping and undergoing various design reviews. The mission of Gmto Corporation is to harness the power of collaboration to create a groundbreaking astronomical instrument that will revolutionize our understanding of the universe.

    By pooling resources and knowledge from its university and research institution partners, Gmto Corporation is pioneering the way for next-generation astronomical research. The telescope, a testament to human ingenuity and innovation, will provide unprecedented insights into the cosmos, allowing scientists to explore questions about the origins and evolution of the universe, the nature of black holes, and the search for extraterrestrial life. Gmto Corporation's mission is a beacon of hope for the future, illuminating the path towards new discoveries and expanding our collective knowledge of the universe.

    Impact

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




    Thursday, August 15, 2024

    Gmto Corporation's impact is centered around the advancement of science research through the design, development, construction, and operation of the Giant Magellan Telescope (GMT). This state-of-the-art next-generation astronomical telescope is a collaborative effort between universities and research organizations, aiming to push the boundaries of astronomical research. By completing construction milestones such as the water utility package at the telescope site in Chile and making progress on primary mirror segments and major subsystem designs, Gmto Corporation is laying the foundation for groundbreaking discoveries in the field of astronomy. Through its mission-driven work, Gmto Corporation is contributing to the global scientific community and shaping the future of astronomical exploration.





    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: $344,780
  • Program Service Revenue: $0
  • Gross Receipts: $32,220,104

    • Assets and Liabilities:
  • Total Assets: $321,703,747
  • Total Liabilities: $20,765,776
  • Net Assets: $300,937,971
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Robert Shelton

    Main Address

    300 NORTH LAKE AVENUE 14TH FLOOR, PASADENA, CA, 91101

    NTEE Category

    Code: U31 - Science research

    If you are a representative of Gmto Corporation 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.