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Nxtus Inc

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

EIN: 474095131 ✦ Wichita, KS ✦ Designated as a 501(c)(3)

Overview

What is Nxtus Inc?

Nxtus Inc, located in Wichita, Kansas, is a community-focused nonprofit organization with a mission to stimulate entrepreneurship. They achieve this by providing education, mentorship, incubation, and acceleration programs for aspiring entrepreneurs and entrepreneurial companies. Specifically, Nxtus Inc implements initiatives such as the Community Health and Vibrancy Cohort, Customer Traction Cohort, Fintech Pilot Competition, and the Enterprise Engagement Series. Their workforce consists of six dedicated individuals, making significant strides to foster the Wichita entrepreneurial ecosystem by inspiring, mentoring, and investing in the next generation of entrepreneurs.


Official website here: www.nxtus.io

Is Nxtus Inc legitimate?

Nxtus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nxtus 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: $180,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,393

For more financial information, click here


Official website here: www.nxtus.io

What is the mission statement of Nxtus Inc?

Nxtus Inc, being a community-driven organization, aims to educate, mentor, incubate, and accelerate aspiring entrepreneurs and entrepreneurial companies. Their mission is to serve as a center of gravity to foster the local entrepreneurial ecosystem by having seasoned entrepreneurs inspire, mentor, and invest in the next generation of entrepreneurs. This is accomplished through various programs such as the Nxtus Accelerator, including the Community Health and Vibrancy Cohort, Customer Traction Cohort, Fintech Pilot Competition, and the Enterprise Engagement Series.


Official website here: www.nxtus.io

Who is the CEO of Nxtus Inc?

Mary Beth Jarvis is the President/Ceo of Nxtus Inc. The CEO's salary of Nxtus Inc is $150,127 and their total compensation is $180,000.


Official website here: www.nxtus.io

What is the revenue of Nxtus Inc?

Nxtus Inc's revenue in 2022 was $924,507.


Official website here: www.nxtus.io

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

The average compensation at Nxtus Inc during 2022 was $59,399. There are 6 employees at Nxtus Inc.

Here are 8 key members and their salaries (Nxtus Inc's CEO's salary is $150,127 and their total compensation is $180,000):

    Josh Oeding (President/Ceo) [Trustee/Director]
  • Compensation: $150,127
  • Related: $0
  • Other: $29,873

    • Trish Brasted (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luis Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Oborny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kylie Stupka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Pedersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • V Kaye Monk-Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nxtus.io

    Where can I find the form 990 for Nxtus Inc?

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


    Official website here: www.nxtus.io

    Learn more at the official website: www.nxtus.io

    Mission Statement of Nxtus Inc

    Nxtus Inc, a community-driven organization, is committed to its mission of serving as a hub to accelerate the entrepreneurial ecosystem in an unspecified location. By bringing together seasoned entrepreneurs, Nxtus Inc inspires, mentors, and invests in the next generation of entrepreneurs and entrepreneurial companies. The organization's goal is to be a center of gravity, fostering a vibrant and supportive environment for aspiring entrepreneurs to grow and thrive. This is achieved through various programs, including the Nxtus Accelerator, which encompasses initiatives such as the Community Health and Vibrancy Cohort, Customer Traction Cohort, Fintech Pilot Competition, and the Enterprise Engagement Series. These programs provide valuable resources and opportunities for aspiring entrepreneurs, ultimately contributing to the overall growth and success of the entrepreneurial community.

    Impact

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




    Saturday, July 20, 2024

    Nxtus Inc's impact revolves around accelerating the Wichita entrepreneurial ecosystem by educating, mentoring, incubating, and accelerating aspiring entrepreneurs and entrepreneurial companies. Through initiatives like the NXTUS Accelerator, the organization supports the growth of entrepreneurs through programs like the Community Health and Vibrancy Cohort, Customer Traction Cohort, FinTech Pilot Competition, and the Enterprise Engagement Series. Nxtus Inc serves as a center-of-gravity for seasoned entrepreneurs to inspire, mentor, and invest in the next generation of entrepreneurs, ultimately working towards the improvement and growth of the community in Wichita, Kansas.





    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: $825
  • Program Service Revenue: $87,142
  • Gross Receipts: $924,507

    • Assets and Liabilities:
  • Total Assets: $591,599
  • Total Liabilities: $43,250
  • Net Assets: $548,349
  • Programs

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

    ACCELERATE VENTURE PAR

    Revenue

    $87,142

    Organization Details

    Founding Year

    2015

    Principal Officer

    Mary Beth Jarvis

    Main Address

    245 N WACO 230A, WICHITA, KS, 67202

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Nxtus 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.