Msi Stem Research & Development Consortium

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

EIN: 472220401 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Msi Stem Research & Development Consortium?

The Msi Stem Research & Development Consortium is a nonprofit organization situated in Washington D.C., specifically at 1050 Connecticut Avenue NW 500. Their primary mission is to foster and encourage growth in the fields of Science, Technology, Engineering, and Mathematics (STEM) within Minority-Serving Institutions. With a dedicated workforce of 16 individuals, this organization strives to stimulate and promote advancements in STEM, ultimately contributing to the development of these essential fields.


Official website here: www.msrdconsortium.org

Is Msi Stem Research & Development Consortium legitimate?

Msi Stem Research & Development Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msi Stem Research & Development Consortium 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: $291,796
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,325,540

For more financial information, click here


Official website here: www.msrdconsortium.org

What is the mission statement of Msi Stem Research & Development Consortium?

The Msi Stem Research & Development Consortium's mission is centered around stimulating and promoting progress in the fields of science, technology, engineering, and mathematics (STEM) within minority-serving institutions. By doing so, they aim to foster advancements in these areas, contributing to the overall development of these institutions and the individuals associated with them. Their activities are geared towards encouraging and supporting the growth of STEM education and research in these institutions, thereby broadening the pool of diverse talent in these fields.


Official website here: www.msrdconsortium.org

Who is the CEO of Msi Stem Research & Development Consortium?

Michael J Hester is the President & Ceo of Msi Stem Research & Development Consortium. The CEO's salary of Msi Stem Research & Development Consortium is $291,796 and their total compensation is $291,796.


Official website here: www.msrdconsortium.org

What is the revenue of Msi Stem Research & Development Consortium?

Msi Stem Research & Development Consortium's revenue in 2022 was $11,743,609.


Official website here: www.msrdconsortium.org

Who are the executives of Msi Stem Research & Development Consortium and what are their salaries?

The average compensation at Msi Stem Research & Development Consortium during 2022 was $101,084. There are 16 employees at Msi Stem Research & Development Consortium.

Here are 12 key members and their salaries (Msi Stem Research & Development Consortium's CEO's salary is $291,796 and their total compensation is $291,796):

    Michael J Hester (President & Ceo)
  • Compensation: $291,796
  • Related: $0
  • Other: $0

    • James Valde (Technical Advisor)
  • Compensation: $159,455
  • Related: $0
  • Other: $0

    • Stacey Brown (Accounting Directo)
  • Compensation: $132,341
  • Related: $0
  • Other: $0

    • Alex Thome (Research Director)
  • Compensation: $120,970
  • Related: $0
  • Other: $0

    • Alan Arnold (Chief Research Off)
  • Compensation: $106,668
  • Related: $0
  • Other: $0

    • Richard C Hackney (Chairman) [Trustee/Director]
  • Compensation: $66,000
  • Related: $0
  • Other: $0

    • Mabel Jones Matthews (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Starnes Walker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isiah Warner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lonnie Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tommie Bannister (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.msrdconsortium.org

    Where can I find the form 990 for Msi Stem Research & Development Consortium?

    The Msi Stem Research & Development Consortium’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.msrdconsortium.org

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

    Mission Statement of Msi Stem Research & Development Consortium

    The Msi Stem Research & Development Consortium is dedicated to fostering and encouraging progress in the realms of Science, Technology, Engineering, and Mathematics (STEM) within Minority-Serving Institutions. This nonprofit organization's primary mission is to stimulate and promote advancements in these STEM fields, aiming to bridge any existing gaps and ensure equal opportunities for all. By doing so, the Msi Stem Research & Development Consortium seeks to empower these institutions and the diverse communities they serve, ultimately contributing to a more inclusive and innovative future in STEM education and research.

    Impact

    This information is meant to be a general summary of Msi Stem Research & Development Consortium. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Msi Stem Research & Development Consortium's impact lies in its efforts to stimulate and promote advancement in the fields of science, technology, engineering, and mathematics in minority-serving institutions. By focusing on these crucial areas, the Consortium is contributing to the development of a more inclusive and diverse workforce in the STEM fields. Through its mission, the Consortium is fostering innovation and excellence in research and education, ultimately helping to create opportunities for underrepresented groups in the STEM community.





    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: $17
  • Program Service Revenue: $0
  • Gross Receipts: $11,743,609

    • Assets and Liabilities:
  • Total Assets: $11,647,262
  • Total Liabilities: $2,138,137
  • Net Assets: $9,509,125
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Michael J Hester

    Main Address

    1050 Conneticut Avenue NW 500, WASHINGTON, DC, 20036

    NTEE Category

    Code: U00 - Science research

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