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Georgia Advanced Technology Ventures Inc

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

EIN: 582538285 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Georgia Advanced Technology Ventures Inc?

Georgia Advanced Technology Ventures Inc is a nonprofit organization headquartered in Atlanta, Georgia, specifically at 225 North Avenue at YMCA Hall, Ste 325. Their primary mission is to support and foster economic development, scientific research, and technology transfer for the Georgia Institute of Technology. Through their efforts, they contribute significantly to the state of Georgia by promoting high technology research and industry within it. Notably, they have facilitated the establishment and operation of the Advanced Technology Development Center (ATDC) incubator facilities, which provide crucial resources for startups and businesses.


Official website here: www.gatv.gatech.edu

Is Georgia Advanced Technology Ventures Inc legitimate?

Georgia Advanced Technology Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Advanced Technology Ventures 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gatv.gatech.edu

What is the mission statement of Georgia Advanced Technology Ventures Inc?

Georgia Advanced Technology Ventures Inc is a supporting organization established for the benefit of the Georgia Institute of Technology. Its primary objective is to foster and support education, scientific research, and economic development in Georgia. The corporation operates with a mission to promote Georgia as a hub for new high technology research and industry, contributing to the state's scientific and economic growth. By advocating for the development of high-tech research and industry within Georgia, the corporation aims to bolster the state's economy and continue its tradition of academic excellence and innovation.


Official website here: www.gatv.gatech.edu

Who is the CEO of Georgia Advanced Technology Ventures Inc?

Holly Seel is the Director of Georgia Advanced Technology Ventures Inc.


Official website here: www.gatv.gatech.edu

What is the revenue of Georgia Advanced Technology Ventures Inc?

Georgia Advanced Technology Ventures Inc's revenue in 2022 was $34,809,516.


Official website here: www.gatv.gatech.edu

Who are the executives of Georgia Advanced Technology Ventures Inc and what are their salaries?

Here are 22 key members and their salaries:

    Steven Mclaughlin (Director)
  • Compensation: $0
  • Related: $548,304
  • Other: $54,767

    • Kelly Fox (Director)
  • Compensation: $0
  • Related: $448,793
  • Other: $130,828

    • Chaouki Abdallah (Director)
  • Compensation: $0
  • Related: $403,369
  • Other: $101,787

    • James G Fortner (Treasurer)
  • Compensation: $0
  • Related: $274,346
  • Other: $97,642

    • Anthony Zivalich (Vice President - Real Estate)
  • Compensation: $0
  • Related: $259,978
  • Other: $89,817

    • David Bridges (Vice President - Innovation)
  • Compensation: $0
  • Related: $224,961
  • Other: $62,469

    • Amy E Herron (Asst. Treasurer (Thru 2/2022))
  • Compensation: $0
  • Related: $140,337
  • Other: $65,522

    • Tanesha Steward (Secretary)
  • Compensation: $0
  • Related: $121,236
  • Other: $47,134

    • Stephen Cross (Former Officer)
  • Compensation: $0
  • Related: $146,652
  • Other: $0

    • Karen Fite (Former Officer)
  • Compensation: $0
  • Related: $131,187
  • Other: $0

    • Steven Swant (Former Officer)
  • Compensation: $0
  • Related: $126,124
  • Other: $0

    • Kelly Macarthur (Assistant Treasurer)
  • Compensation: $0
  • Related: $74,950
  • Other: $34,460

    • Cortrella Greer (Assistant Secretary)
  • Compensation: $0
  • Related: $66,509
  • Other: $25,928

    • James R Borders (Director (Thru 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Huntz (Director (Thru 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve W Chaddick (Director (Thru 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sig Mosley (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben T Raney Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Patton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Burunda Prince (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gatv.gatech.edu

    Where can I find the form 990 for Georgia Advanced Technology Ventures Inc?

    The Georgia Advanced Technology Ventures Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gatv.gatech.edu

    Learn more at the official website: www.gatv.gatech.edu

    Mission Statement of Georgia Advanced Technology Ventures Inc

    Georgia Advanced Technology Ventures Inc, a supporting organization, is dedicated to advancing the mission of the Georgia Institute of Technology. This corporation operates with the exclusive goal of fostering education, scientific research, and economic development within the state of Georgia. By promoting Georgia as a hub for high technology research and industry, Georgia Advanced Technology Ventures Inc plays a critical role in enhancing the scientific and economic landscape of the region. The organization's main objective is to support the Georgia Institute of Technology and contribute to its efforts in driving new technological research and industries within the state.

    Impact

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




    Thursday, August 15, 2024

    Georgia Advanced Technology Ventures Inc's impact can be seen in its support of the Georgia Institute of Technology to foster economic development and scientific research in the state of Georgia. Through its activities, the corporation has played a crucial role in facilitating technology transfer, commercialization, and relevant real estate development for Georgia Tech, including the Advanced Technology Development Center (ATDC) incubator facilities. By promoting the development of new high technology research and industry within the state, Georgia Advanced Technology Ventures Inc has significantly contributed to the advancement of education, scientific innovation, and economic growth in Georgia.





    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: $53,126
  • Program Service Revenue: $33,745,273
  • Gross Receipts: $34,809,516

    • Assets and Liabilities:
  • Total Assets: $234,129,719
  • Total Liabilities: $154,632,814
  • Net Assets: $79,496,905
  • Programs

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

    RENTAL INCOME

    Revenue

    $32,304,090

    PROGRAM EXPENSE REIMBURSEMENT

    Revenue

    $1,319,176

    MEMBERSHIP FEES

    Revenue

    $122,007

    Organization Details

    Founding Year

    2000

    Principal Officer

    Holly Seel

    Main Address

    225 NORTH AVENUELYMAN HALL STE 325, ATLANTA, GA, 30332

    NTEE Category

    Code: B99 - Education

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