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Utec Inc

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

EIN: 383669532 ✦ Lowell, MA ✦ Designated as a 501(c)(3)

Overview

What is Utec Inc?

Utec Inc, based in Lowell and Lawrence, Massachusetts, is a nonprofit organization dedicated to empowering disconnected youth by providing them with valuable job skills and real earnings. With a workforce of 190 employees, Utec Ignites and nurtures the ambition of young people in both communities, enabling them to break free from violence and poverty, and pursue social and economic success. The organization's mission is to foster positive life choices among the most disengaged youth through effective workforce development programs.


Official website here: www.utecinc.org

Is Utec Inc legitimate?

Utec Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utec 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: $350,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,782,325

For more financial information, click here


Official website here: www.utecinc.org

What is the mission statement of Utec Inc?

Utec Inc is dedicated to inspiring and fostering the aspirations of underprivileged youth, motivating them to exchange lives of violence and poverty with social and economic achievements. Through their workforce development program, they offer young people in need the chance to acquire essential job skills and earn genuine income, enabling them to make better life decisions. Utec Inc's mission is geared towards empowering the most disconnected youth, providing them with the tools necessary to transform their futures. The organization's primary goal is to ignite a spark of ambition within these young individuals, giving them the opportunity to break free from their current circumstances and create a more prosperous future for themselves.


Official website here: www.utecinc.org

Who is the CEO of Utec Inc?

Gregg Croteau is the Chair of Utec Inc. The CEO's salary of Utec Inc is $174,523 and their total compensation is $181,601.


Official website here: www.utecinc.org

What is the revenue of Utec Inc?

Utec Inc's revenue in 2022 was $16,132,892.


Official website here: www.utecinc.org

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

The average compensation at Utec Inc during 2022 was $27,015. There are 190 employees and 12 volunteers at Utec Inc.

Here are 15 key members and their salaries (Utec Inc's CEO's salary is $174,523 and their total compensation is $181,601):

    Gregg Croteau (Ceo) [Trustee/Director]
  • Compensation: $174,523
  • Related: $0
  • Other: $7,078

    • Terri Steingrebe (Cfo)
  • Compensation: $136,183
  • Related: $0
  • Other: $12,674

    • Anita Moeller (Chief Of Sta)
  • Compensation: $127,868
  • Related: $0
  • Other: $0

    • Nichelle Sadler (Training C4E)
  • Compensation: $103,303
  • Related: $0
  • Other: $5,830

    • Scott M Mellen (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandyha S Douglas Cfa (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan M Kelly (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Nichols (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Colon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juancarlos Rivera Aviles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Dowst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Maniar Phd Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lon Povich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Vlacich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Jody White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.utecinc.org

    Where can I find the form 990 for Utec Inc?

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


    Official website here: www.utecinc.org

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

    Mission Statement of Utec Inc

    Utec Inc, a prominent nonprofit organization, is dedicated to igniting and nurturing the ambition of the most disconnected youth in trading violence and poverty for social and economic success. This mission is an essential endeavor to help young people in overcoming adversities and reaching their full potential.

    Utec Inc's primary focus is on workforce development. The organization provides a unique opportunity for those in need to acquire valuable job skills and generate real earnings. By empowering youth with these essential tools, Utec Inc aims to encourage positive life choices that can ultimately lead to a more promising future.

    In a proactive approach, Utec Inc offers young people an avenue to break free from the cycle of violence and poverty. By equipping them with the necessary skills and resources, the organization fosters an environment where personal growth and success can thrive. Utec Inc's commitment to its mission is evident in its unwavering dedication to serving those who need it the most.

    Impact

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




    Thursday, August 15, 2024

    Utec Inc's impact is significant in transforming the lives of disconnected youth in Lowell and Lawrence, MA. By providing valuable job skills and real earnings through workforce development programs, Utec Inc ignites and nurtures the ambition of these youth, enabling them to turn away from violence and poverty towards social and economic success. Through their focus on youth development, Utec Inc plays a crucial role in empowering young individuals to make positive life choices and build a better future for themselves and their communities.





    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: $132,985
  • Program Service Revenue: $1,306,661
  • Gross Receipts: $16,457,570

    • Assets and Liabilities:
  • Total Assets: $24,012,756
  • Total Liabilities: $5,948,665
  • Net Assets: $18,064,091
  • Programs

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

    MATTRESS RECYCLING

    Revenue

    $609,861

    CATERING AND FOOD

    Revenue

    $582,356

    CHILD CARE

    Revenue

    $55,712

    COMMERCIAL KITCHEN

    Revenue

    $48,480

    WOODWORKING

    Revenue

    $10,252

    Organization Details

    Founding Year

    2002

    Principal Officer

    Gregg Croteau

    Main Address

    15 WARREN STREET NO 3, LOWELL, MA, 01852

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Utec Inc 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.