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Electricore Inc

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

EIN: 351888396 ✦ Valencia, CA ✦ Designated as a 501(c)(3)

Overview

What is Electricore Inc?

Electricore Inc, located at 28009 Smyth Drive, Valencia, CA 91355, is a consortium for advanced technology development and education in science and technology. With a team of four employees, Electricore contributes significantly to the United States' research and development and education sector by collaborating with federal, state, and local governments, universities, and private sector companies. Their mission involves fulfilling their exempt purpose through contracts with US government entities, focusing on research, technology development, and education. Electricore acts as a hub for innovation, driving progress in science and technology for the benefit of the nation.


Official website here: www.electricore.org

Is Electricore Inc legitimate?

Electricore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Electricore 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: $689,031
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,973

For more financial information, click here


Official website here: www.electricore.org

What is the mission statement of Electricore Inc?

Electricore Inc functions as a consortium, spearheading advanced technology development, research, and education in the realm of science and technology. Through collaborative programs with federal, state and local governments, universities, and private sector companies, this organization plays a significant role in contributing to the success of the United States' research and development and education sectors. By servicing contracts with US government entities, Electricore facilitates research, technology development, and education, fulfilling its exempt purpose.


Official website here: www.electricore.org

Who is the CEO of Electricore Inc?

Ilker Bayraktar is the President & Ceo of Electricore Inc. The CEO's salary of Electricore Inc is $184,368 and their total compensation is $223,777.


Official website here: www.electricore.org

What is the revenue of Electricore Inc?

Electricore Inc's revenue in 2022 was $16,320,847.


Official website here: www.electricore.org

Who are the executives of Electricore Inc and what are their salaries?

The average compensation at Electricore Inc during 2022 was $208,501. There are 4 employees at Electricore Inc.

Here are 9 key members and their salaries (Electricore Inc's CEO's salary is $184,368 and their total compensation is $223,777):

    Sara J Odom (Sr Program Manager)
  • Compensation: $205,356
  • Related: $0
  • Other: $37,319

    • Ilker Bayraktar (President & Ceo) [Trustee/Director]
  • Compensation: $184,368
  • Related: $0
  • Other: $39,409

    • Deborah Jelen (Executive Director)
  • Compensation: $196,262
  • Related: $0
  • Other: $26,317

    • Kathryn Fagundo (Program Manager)
  • Compensation: $144,509
  • Related: $0
  • Other: $9,111

    • Claude Letourneau (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacques Delisle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Waters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oner Yurtseven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Zurawski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.electricore.org

    Where can I find the form 990 for Electricore Inc?

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


    Official website here: www.electricore.org

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

    Mission Statement of Electricore Inc

    Electricore Inc, a consortium for advanced technology, development, and education in science and technology, is dedicated to contributing to the success of the United States' research and development and education sector. This organization fulfills its exempt purpose by servicing contracts with federal, state, and local governments, universities, and private sector companies. Electricore acts as a catalyst, bringing together various entities to collaborate on innovative projects and initiatives. Through these partnerships, Electricore aims to drive advancements in science and technology, ultimately benefiting society as a whole.

    By engaging in collaborative programs, Electricore plays a vital role in the research and development process. The organization's work extends to the creation and refinement of new technologies, ensuring they align with current and future needs. In addition, Electricore is committed to education, fostering a culture of learning and innovation. This commitment is reflected in its collaborations with educational institutions, which provide opportunities for students and professionals to expand their knowledge and skills in the field of science and technology.

    Electricore's mission is multifaceted, encompassing both research and development and education. Its contributions to the United States' research and development sector help drive progress and innovation, keeping the country at the forefront of scientific advancements. Meanwhile, its focus on education empowers the next generation of scientists, engineers, and researchers to continue building upon this foundation and tackle the challenges of tomorrow. Electricore's role as a consortium bridges the gap between the public and private sectors, creating synergies that lead to groundbreaking discoveries and advancements.

    Impact

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




    Thursday, August 15, 2024

    Electricore Inc's impact lies in its role as a consortium for advanced technology development and education in science and technology. By engaging in collaborative programs with federal, state, and local governments, universities, and private sector companies, Electricore contributes to the success of research and development efforts in the United States. Through servicing contracts with U.S. government entities, the organization carries out research, technology development, and education initiatives, ultimately fostering innovation and knowledge in the field.





    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: $2,765
  • Program Service Revenue: $16,049,178
  • Gross Receipts: $16,320,847

    • Assets and Liabilities:
  • Total Assets: $8,259,190
  • Total Liabilities: $7,803,240
  • Net Assets: $455,950
  • Programs

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

    PROGRAM REVENUE

    Revenue

    $16,049,178

    Organization Details

    Founding Year

    1993

    Principal Officer

    Ilker Bayraktar

    Main Address

    28009 SMYTH DRIVE, VALENCIA, CA, 91355

    NTEE Category

    Code: B99Z - Education

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