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West Virginia High Technology Consortium Foundation

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

EIN: 550727658 ✦ Fairmont, WV ✦ Designated as a 501(c)(3)

Overview

What is West Virginia High Technology Consortium Foundation?

The West Virginia High Technology Consortium Foundation is a nonprofit organization situated in Fairmont, West Virginia. Their primary focus lies in economic development, specifically in planning, constructing, leasing, and operating research and development organizations as well as technology-based businesses within or related to the I-79 Technology Park located in Fairmont. Their mission is to promote economic growth by fostering advanced technology industries, providing research and development support services to government entities, and creating better employment opportunities and enhancing the standard of living in West Virginia. The foundation's activities revolve around research and development in advanced technology and science fields. With a workforce of 12 individuals, this nonprofit strives to contribute positively to the economic landscape of West Virginia.


Official website here: www.wvhtf.org

Is West Virginia High Technology Consortium Foundation legitimate?

West Virginia High Technology Consortium Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Virginia High Technology Consortium Foundation 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: $625,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $489,781

For more financial information, click here


Official website here: www.wvhtf.org

What is the mission statement of West Virginia High Technology Consortium Foundation?

The West Virginia High Technology Consortium Foundation's mission is centered around promoting economic development. It accomplishes this by fostering the growth of advanced technology industries and offering research and development support services to relevant government agencies. The organization's goal is to create better employment opportunities and enhance the standard of living, aiming to make significant contributions to its field. The foundation carries out its economic development activities by planning, constructing, leasing, and operating research and development organizations, as well as technology-based businesses, within or related to the I-79 Technology Park.


Official website here: www.wvhtf.org

Who is the CEO of West Virginia High Technology Consortium Foundation?

Mr James L Estep is the President/Ceo of West Virginia High Technology Consortium Foundation. The CEO's salary of West Virginia High Technology Consortium Foundation is $281,427 and their total compensation is $301,745.


Official website here: www.wvhtf.org

What is the revenue of West Virginia High Technology Consortium Foundation?

West Virginia High Technology Consortium Foundation's revenue in 2022 was $1,032,927.


Official website here: www.wvhtf.org

Who are the executives of West Virginia High Technology Consortium Foundation and what are their salaries?

The average compensation at West Virginia High Technology Consortium Foundation during 2022 was $92,911. There are 12 employees and 6 volunteers at West Virginia High Technology Consortium Foundation.

Here are 12 key members and their salaries (West Virginia High Technology Consortium Foundation's CEO's salary is $281,427 and their total compensation is $301,745):

    Mr James L Estep (President/Ceo) [Trustee/Director]
  • Compensation: $281,427
  • Related: $0
  • Other: $20,318

    • Mr Kenneth Witt (Program Manager)
  • Compensation: $125,564
  • Related: $0
  • Other: $21,850

    • Ms Stacey Layman (Treasurer)
  • Compensation: $104,009
  • Related: $0
  • Other: $18,972

    • Mr Guy Peduto (Director Of Innova)
  • Compensation: $103,613
  • Related: $0
  • Other: $2,928

    • Mr Geoffrey S Kidder (Asst. Treasurer)
  • Compensation: $80,515
  • Related: $0
  • Other: $18,372

    • Ms Lori M Rhoades (Secretary)
  • Compensation: $68,074
  • Related: $0
  • Other: $20,081

    • Ms Holly C Kauffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Frank W Blake (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael I Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael J Basile Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Rebecca R Mcphail (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William P Getty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wvhtf.org

    Where can I find the form 990 for West Virginia High Technology Consortium Foundation?

    The West Virginia High Technology Consortium Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wvhtf.org

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

    Mission Statement of West Virginia High Technology Consortium Foundation

    The West Virginia High Technology Consortium Foundation, in its mission, aims to foster economic development by establishing and strengthening advanced technology industries. This is achieved by providing research and development support services to government agencies. By doing so, the organization seeks to create better employment opportunities and enhance the standard of living within West Virginia. The Foundation's activities are primarily focused on planning, constructing, leasing, and operating research and development organizations, as well as technology-based businesses, within or related to the I-79 Technology Park located in Fairmont, West Virginia. The ultimate goal is to drive progress and improvement in the region, leveraging the power of advanced technology and scientific research.

    Impact

    This information is meant to be a general summary of West Virginia High Technology Consortium Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The West Virginia High Technology Consortium Foundation plays a vital role in advancing research and development in areas of advanced technology and science, while also contributing to economic development. The organization focuses on planning, constructing, leasing, and operating research and development organizations and technology-based businesses within or ancillary to the I-79 Technology Park located in Fairmont, WV. By facilitating economic development and building strong industries of advanced technology, the foundation aims to provide research and development support services to government agencies, create better employment opportunities, and improve the standard of living in West Virginia. Their work ultimately contributes to community improvement by fostering innovation and economic growth in the region.





    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: $0
  • Program Service Revenue: $608,057
  • Gross Receipts: $1,032,927

    • Assets and Liabilities:
  • Total Assets: $1,403,944
  • Total Liabilities: $1,390,519
  • Net Assets: $13,425
  • Programs

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

    PROG REL INC-CONTRACT

    Revenue

    $325,112

    PROG REL INC-AFFILIATE

    Revenue

    $38,258

    Organization Details

    Founding Year

    1993

    Principal Officer

    Mr James L Estep

    Main Address

    1000 GALLIHER DRIVE 1000, FAIRMONT, WV, 26554

    NTEE Category

    Code: S31Z - Community improvement

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