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Massrobotics Inc

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

EIN: 471919574 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Massrobotics Inc?

Massrobotics Inc, situated in Boston, Massachusetts, serves as a vibrant hub for robotics and connected device innovations. This independent, non-profit organization brings together startups and established technology companies to foster talent growth and drive economic expansion. By collaborating with diverse local talents, Massrobotics Inc is instrumental in shaping the future of global robotics. The mission of Massrobotics Inc is to nurture and scale the next generation of successful robotics and connected device companies. It provides entrepreneurs and innovative robotics/automation startups with the essential workspace and resources required to develop, prototype, test, and commercialize their products and solutions. Additionally, Massrobotics Inc promotes the development of common-need technology services, such as software and standards support for the robotics community, and fosters a collaborative ecosystem for academic, private, and public stakeholders. In doing so, it encourages thought-sharing and creative exchange, inspiring the next generation of innovators and builders through in-house STEM collaboration and initiatives. With a modest team of 13 individuals, Massrobotics Inc is dedicated to playing a significant role in the global robotics evolution.


Official website here: www.massrobotics.org

Is Massrobotics Inc legitimate?

Massrobotics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massrobotics 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: $265,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $750,026

For more financial information, click here


Official website here: www.massrobotics.org

What is the mission statement of Massrobotics Inc?

Massrobotics Inc's mission is centered around fostering the growth of the next generation of successful robotics and connected device companies. They achieve this by providing entrepreneurs and innovative startups in the robotics/automation sector with the necessary workspace and resources to develop, prototype, test, and commercialize their products and solutions. The organization serves as an innovation hub for robotics and connected devices, bringing together innovative startups and existing technology organizations to nurture talent and promote economic growth and innovation. By working with diverse local talent, Massrobotics Inc plays a role in driving the global evolution of robotics. The organization also promotes the development of common-need technology services, encourages a collaborative ecosystem for academic, private, and public stakeholders, and inspires the next generation of innovators through in-house STEM collaboration initiatives.


Official website here: www.massrobotics.org

Who is the CEO of Massrobotics Inc?

Daniel Theobald is the President of Massrobotics Inc.


Official website here: www.massrobotics.org

What is the revenue of Massrobotics Inc?

Massrobotics Inc's revenue in 2022 was $3,381,614.


Official website here: www.massrobotics.org

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

The average compensation at Massrobotics Inc during 2022 was $78,094. There are 13 employees and 40 volunteers at Massrobotics Inc.

Here are 10 key members and their salaries:

    Thomas Ryden (Executive Di) [Trustee/Director]
  • Compensation: $265,192
  • Related: $0
  • Other: $0

    • Joyce Sidopoulos (Vp, Programs)
  • Compensation: $188,031
  • Related: $0
  • Other: $0

    • Fady M Saad (Director, Ro)
  • Compensation: $129,253
  • Related: $0
  • Other: $5,030

    • Colin Angle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tye Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Hopcroft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Rowe (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniela Rus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Theobald (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Ann Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.massrobotics.org

    Where can I find the form 990 for Massrobotics Inc?

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


    Official website here: www.massrobotics.org

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

    Mission Statement of Massrobotics Inc

    Massrobotics Inc, a non-profit organization, is dedicated to fostering the growth and success of the next generation of robotics and connected device companies. The organization provides entrepreneurial innovators and startups in the robotics and automation sector with the necessary workspace and resources to develop, prototype, test, and commercialize their products and solutions. By bringing together innovative startups and established technology organizations, Massrobotics Inc nurtures talent and promotes economic growth and innovation.

    Moreover, Massrobotics Inc serves as an innovation hub for robotics and connected devices, hosting programming and events that encourage collaboration among academia, private, and public stakeholders. This collaborative ecosystem allows for thought-sharing and creative exchange, fostering an environment that inspires the next generation of innovators and builders. Additionally, the organization supports the development of common-need technology services, such as software and standards, for the robotics community. Massrobotics Inc is committed to inspiring future innovators and builders through in-house hands-on STEM collaboration and initiatives.

    Impact

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




    Saturday, July 20, 2024

    Massrobotics Inc's impact lies in its significant role as an innovation hub for robotics and connected devices. By providing entrepreneurs and startups in the robotics and automation industry with essential workspace and resources, Massrobotics enables these innovative companies to develop, prototype, test, and commercialize their products and solutions. This support contributes to the growth and success of the next generation of successful robotics and connected device companies.

    Furthermore, Massrobotics fosters collaboration and thought-sharing within the robotics community by promoting the development of common-need technology services and facilitating a collaborative ecosystem for academic, private, and public stakeholders. By nurturing talent and promoting economic growth and innovation through its programming and events, Massrobotics is actively shaping the future of robotics and inspiring the next generation of innovators and builders.





    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: $1,335
  • Program Service Revenue: $914,013
  • Gross Receipts: $3,480,042

    • Assets and Liabilities:
  • Total Assets: $16,518,630
  • Total Liabilities: $12,214,311
  • Net Assets: $4,304,319
  • Programs

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

    RESIDENT RENTAL

    Revenue

    $914,013

    Organization Details

    Founding Year

    2015

    Principal Officer

    Daniel Theobald

    Main Address

    12 CHANNEL STREET SUITE 202, BOSTON, MA, 02210

    NTEE Category

    Code: B80 - Education

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