nonprofit logo

The Patuxent Partnership Inc

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

EIN: 522056982 ✦ Lexington park, MD ✦ Designated as a 501(c)(3)

Overview

What is The Patuxent Partnership Inc?

The Patuxent Partnership Inc, located in Lexington Park, Maryland, is a nonprofit organization that plays a pivotal role in fostering collaboration between government, academia, and the private sector. Their primary mission is to drive technological advancements in Southern Maryland through various initiatives. These initiatives encompass STEM-based educational programs, speaker series, and networking events that promote technological innovation. Additionally, they focus on science and technology transfer by facilitating the exchange of ideas, information, and data related to technologies. The organization also plays a significant role in workforce development, implementing an array of initiatives aimed at nurturing talent within the technology community. The Patuxent Partnership Inc has a team of 44 dedicated individuals who are committed to strengthening the technology sector in Southern Maryland.


Official website here: www.paxpartnership.org

Is The Patuxent Partnership Inc legitimate?

The Patuxent Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Patuxent Partnership 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: $177,891
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,603,938

For more financial information, click here


Official website here: www.paxpartnership.org

What is the mission statement of The Patuxent Partnership Inc?

The Patuxent Partnership Inc is committed to fostering the development of the technology community in various sectors by establishing collaborative initiatives between government, academia, and the private sector. Their mission includes advancing education through STEM-focused initiatives, promoting technology advancement through speaker programs and networking events, facilitating science and technology transfer through the exchange of ideas, information, and data, and encouraging workforce development through various initiatives. By bringing together key economic drivers, they aim to foster cooperation and collaboration among these sectors, contributing to collective growth and betterment.


Official website here: www.paxpartnership.org

Who is the CEO of The Patuxent Partnership Inc?

Doug Belvin is the President of The Patuxent Partnership Inc.


Official website here: www.paxpartnership.org

What is the revenue of The Patuxent Partnership Inc?

The Patuxent Partnership Inc's revenue in 2023 was $7,486,941.


Official website here: www.paxpartnership.org

Who are the executives of The Patuxent Partnership Inc and what are their salaries?

The average compensation at The Patuxent Partnership Inc during 2023 was $108,678. There are 44 employees and 25 volunteers at The Patuxent Partnership Inc.

Here are 24 key members and their salaries:

    Douglas Desrochers (Ipa Employee)
  • Compensation: $246,110
  • Related: $0
  • Other: $31,776

    • James Small (Ipa Employee)
  • Compensation: $221,492
  • Related: $0
  • Other: $14,280

    • Michael Mcguinness (Ipa Employee)
  • Compensation: $191,660
  • Related: $0
  • Other: $12,590

    • Stephen Spehn (Ipa Employee)
  • Compensation: $191,660
  • Related: $0
  • Other: $12,590

    • Eric Swenson (Ipa Employee)
  • Compensation: $190,908
  • Related: $0
  • Other: $12,845

    • Bonnie Green (Executive Di)
  • Compensation: $169,159
  • Related: $0
  • Other: $8,733

    • Doug Belvin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Morgan (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Tsirigotis (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Townsend (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Hollingsworth (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Demanss (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Fickes (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi Fleming (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Kaselemis (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaqueline Marsteller (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Moore (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Oblen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Phelan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Rule (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Sanders (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Scassero (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Wernecke (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott White (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.paxpartnership.org

    Where can I find the form 990 for The Patuxent Partnership Inc?

    The The Patuxent Partnership Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.paxpartnership.org

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

    Mission Statement of The Patuxent Partnership Inc

    The Patuxent Partnership Inc is a dedicated organization that works towards fostering the development of the technology community in southern Maryland. This is achieved by partnering with government, academia, and the private sector. The nonprofit's mission is to advance education in STEM (Science, Technology, Engineering, and Mathematics) through various initiatives, promote technology through speaker programs and networking events, facilitate science and technology transfer by exchanging ideas, information, and data related to technologies, and encourage workforce development through a range of initiatives. The Patuxent Partnership Inc serves as a platform for cooperation and collaboration among academia, private industry, and government, bringing together the key economic drivers in southern Maryland to collaborate for mutual growth and the betterment of all.

    Impact

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




    Saturday, July 20, 2024

    The Patuxent Partnership Inc's impact can be seen in its dedication to the development of the technology community in Southern Maryland. By fostering cooperation and collaboration among academia, private industry, and government, The Patuxent Partnership plays a crucial role in advancing education through STEM initiatives, promoting technology through speaker programs and networking, facilitating science and technology transfer, and enhancing workforce development in the region. This nonprofit organization serves as a catalyst for growth and innovation by bringing together key economic drivers to work towards the betterment of Southern Maryland.





    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: $35,406
  • Program Service Revenue: $7,351,710
  • Gross Receipts: $7,486,941

    • Assets and Liabilities:
  • Total Assets: $3,938,081
  • Total Liabilities: $1,571,027
  • Net Assets: $2,367,054
  • Programs

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

    IPA REVENUE

    Revenue

    $6,044,513

    PROGRAM SERVICES

    Revenue

    $1,104,187

    MEMBERSHIP DUES

    Revenue

    $133,154

    EVENT REVENUE

    Revenue

    $69,856

    Organization Details

    Founding Year

    1997

    Principal Officer

    Doug Belvin

    Main Address

    22335 EXPLORATION DRIVE STE 1035, LEXINGTON PARK, MD, 20653

    NTEE Category

    Code: U20 - Science research

    If you are a representative of The Patuxent Partnership 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.