Research & Robotics Inc

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

EIN: 873768241 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

Overview

What is Research & Robotics Inc?

Research & Robotics Inc, based in New Bedford, Massachusetts, is a nonprofit organization with a mission to bridge the gap between companies, schools, and cutting-edge technologies. They strive to promote entrepreneurial and social impact by providing access to frontier technologies. This is achieved through educational programs, economic empowerment initiatives, and corporate engagements. With a modest workforce of two individuals, Research & Robotics Inc actively works towards fostering innovation and development in their community.


Official website here: www.researchandrobotics.org

Is Research & Robotics Inc legitimate?

Research & Robotics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Research & Robotics 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: $76,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,193

For more financial information, click here


Official website here: www.researchandrobotics.org

What is the mission statement of Research & Robotics Inc?

Research & Robotics Inc's mission is centered around providing access to cutting-edge technologies, serving both entrepreneurial ventures and social impact initiatives. They achieve this mission through various means, including education, economic empowerment, and corporate engagement. The company actively collaborates with businesses and educational institutions to foster technology innovation. In essence, Research & Robotics Inc aims to leverage technological advancements to drive growth and positive change.


Official website here: www.researchandrobotics.org

Who is the CEO of Research & Robotics Inc?

Mark Parsons is the Chairperson of Research & Robotics Inc.


Official website here: www.researchandrobotics.org

What is the revenue of Research & Robotics Inc?

Research & Robotics Inc's revenue in 2023 was $816,994.


Official website here: www.researchandrobotics.org

Who are the executives of Research & Robotics Inc and what are their salaries?

The average compensation at Research & Robotics Inc during 2023 was $68,058. There are 2 employees and 3 volunteers at Research & Robotics Inc.

Here are 4 key members and their salaries:

    Mark Parsons (Executive Director)
  • Compensation: $19,231
  • Related: $0
  • Other: $0

    • Ben Anderson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Celeste Evans (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Moore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.researchandrobotics.org

    Where can I find the form 990 for Research & Robotics Inc?

    The Research & Robotics Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.researchandrobotics.org

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

    Mission Statement of Research & Robotics Inc

    Research & Robotics Inc, a pioneering organization, is committed to making cutting-edge technologies accessible for both entrepreneurial and socially impactful pursuits. They achieve this goal through a three-pronged strategy: education, economic empowerment, and corporate engagement. By offering these resources, Research & Robotics Inc aims to bridge the gap between innovation and real-world application, fostering a culture of progress and impact. The organization actively collaborates with businesses and educational institutions, fostering a spirit of innovation and technology advancement.

    Impact

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




    Saturday, July 20, 2024

    Research & Robotics Inc's impact can be seen in its commitment to technology innovation and education. By serving as an engineer and technology research center in New Bedford, MA, the organization plays a vital role in advancing knowledge and skills in these fields. Through its research activities and educational outreach, Research & Robotics Inc contributes to the development of new technologies and prepares individuals for careers in the rapidly evolving fields of engineering and robotics. Their work not only benefits the local community but also has the potential to have a broader impact on the field of technology as a whole.





    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: $92
  • Program Service Revenue: $316,802
  • Gross Receipts: $816,994

    • Assets and Liabilities:
  • Total Assets: $1,907,317
  • Total Liabilities: $1,462,685
  • Net Assets: $444,632
  • Programs

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

    CONSULTING FEES

    Revenue

    $316,802

    Organization Details

    Founding Year

    2021

    Principal Officer

    Mark Parsons

    Main Address

    42 GROVE STREET, NEW BEDFORD, MA, 02740

    NTEE Category

    Code: B99 - Education

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