Missouri Technology Corporation

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

EIN: 431341372 ✦ Jefferson city, MO ✦ Designated as a 501(c)(3)

Overview

What is Missouri Technology Corporation?

Missouri Technology Corporation (MTC) is a nonprofit organization based in Jefferson City, Missouri. With six employees, MTC plays a pivotal role in Missouri's economy by promoting entrepreneurship and nurturing the growth of high-tech companies. They focus on advanced and innovative manufacturing, particularly in the sectors of active pharmaceutical ingredients and semiconductors, which are crucial to the national security of the United States but have become reliant on production outside the country. By providing strategic investments, MTC creates an environment for significant growth in these industries within Missouri.


Official website here: www.missouritechnology.com

Is Missouri Technology Corporation legitimate?

Missouri Technology Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Technology 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: $145,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,445

For more financial information, click here


Official website here: www.missouritechnology.com

What is the mission statement of Missouri Technology Corporation?

The Missouri Technology Corporation (MTC) serves a crucial role in Missouri by championing entrepreneurship and facilitating the expansion of high-tech businesses. Its mission is geared towards offering strategic investments and leadership to enable entrepreneurs in creating and growing technology-driven businesses within the state. More specifically, the MTC focuses on making investments in industries essential to the national security of the United States, where the manufacturing of essential products has increasingly relied on production outside of the country. By providing grant-based funding for the creation of necessary infrastructure, the MTC aims to foster significant growth in Missouri's economy, particularly in areas like advanced and innovative manufacturing of active pharmaceutical ingredients and semiconductors. This mission ultimately aims to strengthen Missouri's economic landscape by encouraging domestic manufacturing and supporting the growth of technology-driven businesses.


Official website here: www.missouritechnology.com

Who is the CEO of Missouri Technology Corporation?

Dedric Carter is the Secretary/Treasurer of Missouri Technology Corporation.


Official website here: www.missouritechnology.com

What is the revenue of Missouri Technology Corporation?

Missouri Technology Corporation's revenue in 2023 was $57,612,488.


Official website here: www.missouritechnology.com

Who are the executives of Missouri Technology Corporation and what are their salaries?

The average compensation at Missouri Technology Corporation during 2023 was $84,552. There are 6 employees and 14 volunteers at Missouri Technology Corporation.

Here are 15 key members and their salaries:

    John Scatizzi (Executive Director)
  • Compensation: $120,417
  • Related: $0
  • Other: $27,904

    • Jim Baker (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Regagnon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ajay K Jhamb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Dillingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erwin Switzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Oconnell Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donn Rubin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Cobb (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dedric Carter (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denny Hoskins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hataway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.missouritechnology.com

    Where can I find the form 990 for Missouri Technology Corporation?

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


    Official website here: www.missouritechnology.com

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

    Mission Statement of Missouri Technology Corporation

    The Missouri Technology Corporation (MTC) is a key player in Missouri's entrepreneurial landscape, dedicated to fostering the growth of high-tech companies within the state. By providing strategic investments and leadership, MTC assists entrepreneurs in creating and expanding technology-driven businesses.

    The primary mission of the corporation is to make a substantial impact on Missouri's economy by investing in the creation of essential infrastructure for industries that are crucial to the national security of the United States. These industries include the manufacturing sector, where the production of essential products has relied heavily on production outside of the country. MTC's focus on such industries aims to capitalize on Missouri's inherent connection or advantage, fostering significant growth within the state's economy. Two prime examples of these industries are the advanced and innovative manufacturing of active pharmaceutical ingredients and semiconductors.

    MTC's Advanced Manufacturing Resilience Grant Program is an essential component of its mission. This program offers grant-based funding to create infrastructure for industries where Missouri holds a distinct advantage, allowing for considerable expansion within the state's economy. The program's strategic focus on these industries not only enhances Missouri's economic growth but also contributes to the national security of the United States by reducing reliance on foreign production.

    Impact

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




    Thursday, August 15, 2024

    Missouri Technology Corporation promotes entrepreneurship and fosters the growth of high-tech companies in Missouri. One impactful program they run is the Advanced Manufacturing Resiliency Grant Program. This program provides grant-based funding for the creation of infrastructure for industries fundamental to the national security of the United States, focusing on manufacturing where Missouri has a connection or advantage. This initiative supports the growth of Missouri's economy through advanced and innovative manufacturing of products like active pharmaceutical ingredients and semiconductors. The MTC's strategic investments and leadership help entrepreneurs create and expand technology-based businesses in Missouri, contributing to community improvement.





    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: $702,824
  • Program Service Revenue: $0
  • Gross Receipts: $57,612,488

    • Assets and Liabilities:
  • Total Assets: $113,462,871
  • Total Liabilities: $14,501,626
  • Net Assets: $98,961,245
  • Organization Details

    Founding Year

    1983

    Principal Officer

    Dedric Carter

    Main Address

    PO BOX 2137, JEFFERSON CITY, MO, 65102

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Missouri Technology 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.