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The Beta Group

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

EIN: 812227583 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is The Beta Group?

The Beta Group is a Minneapolis, Minnesota-based nonprofit organization, specifically located at 4405 Bryant Avenue South, 55419. With a modest workforce of four individuals, their primary mission is to boost the success of Minnesota's technology startup founders. This is achieved through various educational events during Twin Cities Startup Week, an annual conference they organize. Their overarching goal is to accelerate the growth of local startups, contributing positively to the entrepreneurial ecosystem in the region.


Official website here: www.beta.mn

Is The Beta Group legitimate?

The Beta Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Beta Group 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: $72,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,477

For more financial information, click here


Official website here: www.beta.mn

What is the mission statement of The Beta Group?

The Beta Group's mission is centered around accelerating the success of entrepreneurs from technology startups based in Minnesota. This organization strives to achieve this objective by providing a supportive environment and resources. One of their notable initiatives is Twin Cities Startup Week, a week-long conference that offers various educational events for startups. This event aims to foster growth and development in the startup community by providing valuable insights and networking opportunities. Overall, The Beta Group's mission is to empower Minnesota's tech entrepreneurs, contributing to the growth and innovation of the local startup ecosystem.


Official website here: www.beta.mn

Who is the CEO of The Beta Group?

Cihan Behlivan is the Principal Officer of The Beta Group.


Official website here: www.beta.mn

What is the revenue of The Beta Group?

The Beta Group's revenue in 2021 was $708,466.


Official website here: www.beta.mn

Who are the executives of The Beta Group and what are their salaries?

The average compensation at The Beta Group during 2021 was $65,938. There are 4 employees and 25 volunteers at The Beta Group.

Here are 9 key members and their salaries:

    Kelly Schultze (Executive Director)
  • Compensation: $71,814
  • Related: $0
  • Other: $458

    • Allison Barmann (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reed Robinson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clarence Bethea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Broshar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shonnah Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aneela Idnani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Mcardle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nels Pederson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.beta.mn

    Where can I find the form 990 for The Beta Group?

    The The Beta Group’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.beta.mn

    Learn more at the official website: www.beta.mn

    Mission Statement of The Beta Group

    The Beta Group, a nonprofit organization, is dedicated to advancing the success of founders associated with technology startups based in Minnesota. Their mission is to provide a supportive environment and facilitate the growth of these entrepreneurs, aiming to see them thrive in their ventures. This is achieved through various educational events during Twin Cities Startup Week, a week-long conference organized by The Beta Group. The events focus on equipping these founders with the necessary skills and knowledge to navigate the complex world of startup development, ultimately boosting their chances of achieving long-term success.

    Impact

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




    Wednesday, July 24, 2024

    The Beta Group's impact lies in accelerating the success of Minnesota founders through initiatives like Twin Cities Startup Week, a week-long conference focused on startup education events. By providing resources, networking opportunities, and educational support, The Beta Group plays a vital role in fostering growth within the Minnesota-based technology startup ecosystem. Through their dedication to supporting founders, The Beta Group contributes to the overall improvement of the startup community in Minneapolis and beyond.





    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 2021.

  • Investment Income: $0
  • Program Service Revenue: $104,387
  • Gross Receipts: $708,466

    • Assets and Liabilities:
  • Total Assets: $180,516
  • Total Liabilities: $2,709
  • Net Assets: $177,807
  • Programs

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

    SPONSOR BENEFITS REVEN

    Revenue

    $66,970

    TICKET REVENUE

    Revenue

    $29,317

    JOBS BOARD ADVERTISING

    Revenue

    $8,100

    Organization Details

    Founding Year

    2016

    Principal Officer

    Cihan Behlivan

    Main Address

    4405 BRYANT AVENUE SOUTH, MINNEAPOLIS, MN, 55419

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of The Beta Group 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.