Defense Energy Center Of Excellence National Security Technology

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

EIN: 465686802 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

Overview

What is Defense Energy Center Of Excellence National Security Technology?

Defense Energy Center Of Excellence National Security Technology, headquartered at 2221 South Clark Street, Arlington, VA, is a government entity that manages Other Transaction Authorities (OTAs). These special acquisition vehicles, primarily used by the Department of Defense (DOD), enable testing and acquisition of new technologies. By utilizing OTAs, the DOD can bypass lengthy bureaucratic processes and quickly adopt innovative solutions. With a workforce of approximately 31 individuals, Defense Energy Center Of Excellence National Security Technology plays a crucial role in advancing technological capabilities for national security.


Is Defense Energy Center Of Excellence National Security Technology legitimate?

Defense Energy Center Of Excellence National Security Technology is a legitimate nonprofit organization registered as a 501(c)(6) entity. Defense Energy Center Of Excellence National Security Technology 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $76,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $763,753

For more financial information, click here


What is the mission statement of Defense Energy Center Of Excellence National Security Technology?
Who is the CEO of Defense Energy Center Of Excellence National Security Technology?
What is the revenue of Defense Energy Center Of Excellence National Security Technology?
Who are the executives of Defense Energy Center Of Excellence National Security Technology and what are their salaries?
Where can I find the form 990 for Defense Energy Center Of Excellence National Security Technology?

Mission Statement of Defense Energy Center Of Excellence National Security Technology

Defense Energy Center of Excellence National Security Technology (DE CENTech) plays a crucial role in facilitating the acquisition of new technologies by the Department of Defense (DOD), by managing Other Transaction Authorities (OTAs). These OTAs function as special acquisition vehicles, enabling government entities, specifically the DOD, to bypass the conventional bureaucratic process and test new technologies expeditiously. By streamlining the acquisition process, DE CENTech empowers the DOD to innovate and respond to emerging threats more effectively. Additionally, DE CENTech's mission encompasses managing these OTAs, allowing the DOD to bypass time-consuming bureaucracy and pave the way for the integration of groundbreaking technologies into their operations.

Impact

This information is meant to be a general summary of Defense Energy Center Of Excellence National Security Technology. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Defense Energy Center Of Excellence National Security Technology's impact lies in its role of managing Other Transaction Authority (OTA)'s, special acquisition vehicles that enable government entities, particularly the Department of Defense (DOD), to efficiently test and acquire new technologies while bypassing the usual bureaucratic processes. By facilitating the swift adoption of innovative solutions, this organization directly contributes to enhancing national security and defense capabilities.





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: $4,498
  • Program Service Revenue: $51,870,203
  • Gross Receipts: $52,161,881

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

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

    PROGRAM REVENUE

    Revenue

    $47,428,095

    TREX PROTOTYPE

    Revenue

    $4,442,108

    Organization Details

    Founding Year

    2014

    Principal Officer

    Erik Olbeter

    Main Address

    2221 SOUTH CLARK STREET, ARLINGTON, VA, 22202

    NTEE Category

    Code: Y00 - Mutual benefit

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