Overview
What is Massachusetts High Technology Council Inc?
Massachusetts High Technology Council Inc, established in 1977, is a nonprofit organization headquartered in Burlington, Massachusetts. Its primary objective is to unite CEOs and senior executives from various sectors, including technology companies, professional services firms, and academic institutions. The Council's mission is to enhance Massachusetts' appeal as an ideal location for living, working, and growing high-technology businesses. Through advocacy, networking opportunities, and collaborative strategies, the organization strives to support investment, job growth, and overall quality of life in the Commonwealth. The Council has a significant history of influencing critical public policy decisions, such as the enactment of the state's first R&D tax credit and the repeal of the Tech Tax. In 2018, the Massachusetts Supreme Judicial Court declared a proposed citizens' initiative to establish a permanent income surtax invalid and unconstitutional, marking another notable achievement for the Council. The organization employs a total of 5 individuals.
Official website here: www.mhtc.org
Is Massachusetts High Technology Council Inc legitimate?
Massachusetts High Technology Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Massachusetts High Technology Council 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $986,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,457
For more financial information, click here
Official website here: www.mhtc.org
What is the mission statement of Massachusetts High Technology Council Inc?
The Massachusetts High Technology Council Inc. is an organization primarily composed of CEOs and senior executives from various sectors, including technology companies, professional services firms, and academic and research institutions. Their mission is centered around creating and sustaining conditions that foster investment, job growth, and an enhanced quality of life. By doing so, they aim to make their chosen location an attractive place for both living and working, and for the establishment and growth of high-technology businesses. The Council accomplishes this by providing opportunities for members to connect with peers, and by facilitating collaborative relationships and strategic initiatives among industry leaders, finance executives, academia, and government representatives.
Official website here: www.mhtc.org
What is the revenue of Massachusetts High Technology Council Inc?
Massachusetts High Technology Council Inc's revenue in 2023 was $1,402,581.
Official website here: www.mhtc.org
Who are the executives of Massachusetts High Technology Council Inc and what are their salaries?
The average compensation at Massachusetts High Technology Council Inc during 2023 was $264,882. There are 5 employees at Massachusetts High Technology Council Inc.
Here are 36 key members and their salaries:
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Official website here: www.mhtc.org
Where can I find the form 990 for Massachusetts High Technology Council Inc?
Massachusetts High Technology Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mhtc.org
Learn more at the official website: www.mhtc.org
Mission Statement of Massachusetts High Technology Council Inc
The Massachusetts High Technology Council Inc, comprised of CEOs and senior executives from various technology companies, professional services firms, and research institutions, is dedicated to establishing and maintaining conditions that promote investment, job growth, and enhanced quality of life in Massachusetts. Their mission is to transform Massachusetts into a globally attractive location for living, working, and expanding high-technology businesses. The organization's members, which encompass growth-oriented, knowledge-intensive employers and institutions, develop, deliver, and rely on technology products, services, and innovation to advance their objectives. The Massachusetts High Technology Council Inc serves to champion the high-technology economy in Massachusetts by providing members with opportunities to network with peers and facilitating collaborative relationships and results-focused strategies among senior leaders from diverse sectors, including industry, finance, academia, and government.
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Impact
October, 2024
The Massachusetts High Technology Council, Inc. plays a pivotal role in shaping the technology landscape of the Commonwealth. By uniting CEOs and senior executives from technology companies, professional services, and academic institutions, it fosters collaboration that enhances job growth and improves the quality of life in Massachusetts.
Since its inception in 1977, the Council has effectively influenced critical public policy decisions. Its notable achievements include the establishment of the state’s first R&D tax credit, the successful opposition to the expansion of the sales tax on custom computer services, and leadership in significant military collaborations that protect local jobs and bolster the technology-oriented mission of federal installations.
The Council's advocacy efforts have not only advanced the interests of its members but have also played a significant role in maintaining Massachusetts as a competitive location for high technology businesses. By facilitating connections among industry leaders, financial experts, and academic innovators, the Council ensures that collaboration leads to actionable strategies for economic development and tech-driven growth.
In essence, the Massachusetts High Technology Council is integral in creating an environment conducive to investment and innovation, making the state a prime destination for both talent and technology-driven enterprises.
This information is meant to be a general summary of Massachusetts High Technology Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $37
- Program Service Revenue: $490,000
- Gross Receipts: $1,402,581
Assets and Liabilities:
- Total Assets: $826,752
- Total Liabilities: $897,506
- Net Assets: -$70,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electricity Program
Growth Competitivenss Ini
Revenue
$20,000
Innovation Access Network
MassVision 2050
Revenue
$305,000
Women in Leadership
Revenue
$165,000
Organization Details
Founding Year
1978
Principal Officer
Christopher R Anderson
Website
www.mhtc.orgNTEE Category
Code: S40 - Community improvement
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