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American Society For Technion Israel Institute Of Technology Inc

American Technion Society

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

EIN: 130434195 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Society For Technion Israel Institute Of Technology Inc?

American Society For Technion Israel Institute Of Technology Inc, also known as the American Technion Society, is a New York-based nonprofit organization with approximately 74 employees. Their mission is to support higher education in Israel, specifically partnering with Technion City in Haifa to contribute towards its growth and achievement. This partnership, founded in 1940, has raised over $2.5 billion for the Technion, making it a significant supporter of world-class science and technology in Israel. The American Technion Society is committed to advancing the Technion's position among the world's leading institutions, thereby improving the well-being of Israel and humanity.


Official website here: www.ats.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99% (Four-Star out of Four Star Rating)

The American Society for Technion Israel Institute of Technology Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong financial health and accountability. The organization excels with a 90% score in Accountability & Finance and a perfect 100% in Leadership & Adaptability. This rating indicates that the nonprofit maintains robust oversight mechanisms, independent board governance, and effective financial management practices.

Strengths of the organization include a fully independent board and comprehensive policies that promote transparency, such as conflict of interest and whistleblower protections. Furthermore, the charity demonstrates strong program expense ratios, indicating that a significant portion of its budget is directed toward its core mission rather than administrative costs. Its ability to maintain a low liabilities-to-assets ratio and high working capital also speaks to its financial stability.

However, a minor limitation noted is the opt-out nature of its donor privacy policy, which could be improved for greater donor assurance. Nonetheless, the organization has shown adaptability during challenges such as the COVID-19 pandemic, successfully transitioning to in-person events and investing in leadership development programs. Overall, the American Society for Technion Israel Institute of Technology Inc demonstrates a commitment to excellence in its operations and mission.


This AI summary has been generated from information found on Charity Navigator.

Is American Society For Technion Israel Institute Of Technology Inc legitimate?

American Society For Technion Israel Institute Of Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Society For Technion Israel Institute Of Technology 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: $2,181,376
Professional Fundraising Fees: $237,786
Other Salaries and Wages: $7,473,015

For more financial information, click here


Official website here: www.ats.org

What is the mission statement of American Society For Technion Israel Institute Of Technology Inc?

The American Technion Society is a leading organization that supports higher education in Israel, fostering a lasting partnership with the Technion in Haifa. With a network of dedicated members and dynamic leadership, the Society is committed to believing in the future of high technology in Israel through the Technion. Since its founding in 1940, the American Technion Society has raised over $2.5 billion for the Technion. The mission of the Society is to enable the Technion to be among the world's leading institutions, making strides in the improvement of well-being for Israel and humanity as a whole, through its leadership in science and technology.


Official website here: www.ats.org

Who is the CEO of American Society For Technion Israel Institute Of Technology Inc?

Michael Waxman-Lenz is the Chief Executive Officer of American Society For Technion Israel Institute Of Technology Inc. The CEO's salary of American Society For Technion Israel Institute Of Technology Inc is $579,017 and their total compensation is $600,774.


Official website here: www.ats.org

What is the revenue of American Society For Technion Israel Institute Of Technology Inc?

American Society For Technion Israel Institute Of Technology Inc's revenue in 2022 was $90,330,678.


Official website here: www.ats.org

Who are the executives of American Society For Technion Israel Institute Of Technology Inc and what are their salaries?

The average compensation at American Society For Technion Israel Institute Of Technology Inc during 2022 was $130,465. There are 74 employees and 310 volunteers at American Society For Technion Israel Institute Of Technology Inc.


Here are 87 key members and their salaries (American Society For Technion Israel Institute Of Technology Inc's CEO's salary is $579,017 and their total compensation is $600,774):


Steve Berger (President)
  • Compensation: $0
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Zahava Bar-Nir (Chairman Of The Board)
  • Compensation: $0
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  • Other: $0
Scott Leemaster (Vice Chairman)
  • Compensation: $0
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  • Other: $0
Joel S Rothman (Vice Chairman)
  • Compensation: $0
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  • Other: $0
Senator Paul B Steinberg (Treasurer)
  • Compensation: $0
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  • Other: $0
Rod Feldman (Secretary)
  • Compensation: $0
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  • Other: $0
Nancy Aronson (Assistant Secretary)
  • Compensation: $0
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  • Other: $0
Eli Almo (Board Member (As Of 10/2021))
  • Compensation: $0
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  • Other: $0
Avraham Ashkenazi (Board Member)
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  • Other: $0
Rosalyn August (Board Member)
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Ilene Berger (Board Member)
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Mark Bernstein (Board Member)
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Kathryn Bloom (Board Member)
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Robert N Brand (Board Member)
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Marilyn Caplovitz (Board Member)
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Joyce Croft (Board Member)
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Barbara Dahl (Board Member)
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Robert A Davidow (Board Member)
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John Davison (Board Member)
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Cathy Deutchman (Board Member)
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  • Other: $0
Eric Dobrusin (Board Member)
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  • Other: $0
Mark Dorner (Board Member)
  • Compensation: $0
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  • Other: $0
George Elbaum (Board Member)
  • Compensation: $0
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  • Other: $0
Carol B Epstein (Board Member)
  • Compensation: $0
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  • Other: $0
Susan Feigenbaum (Board Member (As Of 10/2021))
  • Compensation: $0
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  • Other: $0
Nathan Fischel (Board Member)
  • Compensation: $0
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  • Other: $0
Nora Fischer (Board Member)
  • Compensation: $0
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  • Other: $0
Laura Flug (Board Member)
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  • Other: $0
Alan Forman (Board Member)
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  • Other: $0
Russell Frank (Board Member)
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  • Other: $0
Mark Gaines (Board Member)
  • Compensation: $0
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  • Other: $0
Michael Gamson (Board Member (As Of 10/2021))
  • Compensation: $0
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  • Other: $0
Sol Glasner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fariba Ghodsian-Fischel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward R Goldberg (Board Member)
  • Compensation: $0
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  • Other: $0
Solvin Gordon (Board Member)
  • Compensation: $0
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  • Other: $0
Michal Grayevsky (Board Member)
  • Compensation: $0
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  • Other: $0
Robert Hanisee (Board Member)
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  • Other: $0
Lawrence S Jackier (Board Member)
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Judy Jonas (Board Member)
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  • Other: $0
Linda Kovan (Board Member)
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  • Other: $0
Agota Kuperman (Board Member)
  • Compensation: $0
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  • Other: $0
Julee Landau (Board Member)
  • Compensation: $0
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  • Other: $0
Stephen A Laser (Board Member)
  • Compensation: $0
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  • Other: $0
Charles E Levin (Board Member)
  • Compensation: $0
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  • Other: $0
Kira Makagon (Board Member (As Of 10/2021))
  • Compensation: $0
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  • Other: $0
David Marcus (Board Member)
  • Compensation: $0
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  • Other: $0
Melanie Moreno (Board Member)
  • Compensation: $0
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  • Other: $0
Alfred Munzer (Board Member)
  • Compensation: $0
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  • Other: $0
Naomi Newman (Board Member)
  • Compensation: $0
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  • Other: $0
Michael J Pierce (Board Member)
  • Compensation: $0
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  • Other: $0
David A Polak (Board Member)
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  • Other: $0
Jeff Polak (Board Member)
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  • Other: $0
Robert L Polak (Board Member)
  • Compensation: $0
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Bennett Rechler (Board Member)
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  • Other: $0
David Lee Ronn (Board Member)
  • Compensation: $0
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  • Other: $0
David Rosenblatt (Board Member)
  • Compensation: $0
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Kenneth Rubenstein (Board Member)
  • Compensation: $0
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Nina Madden Sabban (Board Member)
  • Compensation: $0
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  • Other: $0
Ed Satell (Board Member)
  • Compensation: $0
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  • Other: $0
Joel W Schwartz (Board Member)
  • Compensation: $0
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  • Other: $0
Joan Seidel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnold Seidel (Board Member (Thru 12/2021))
  • Compensation: $0
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  • Other: $0
Les Seskin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard H Sherman (Board Member (Thru 11/2021))
  • Compensation: $0
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  • Other: $0
Janet Shatz Snyder (Board Member)
  • Compensation: $0
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  • Other: $0
Jonathan Sohnis (Board Member)
  • Compensation: $0
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  • Other: $0
Eric Stein (Board Member)
  • Compensation: $0
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Janey Sweet (Board Member)
  • Compensation: $0
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  • Other: $0
Ira Taub (Board Member)
  • Compensation: $0
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  • Other: $0
Debbie Vanderveer (Board Member)
  • Compensation: $0
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  • Other: $0
Michael Veloric (Board Member)
  • Compensation: $0
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  • Other: $0
Andi Wolfe (Board Member)
  • Compensation: $0
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  • Other: $0
Steve Wishner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Witus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Waxman-Lenz (Chief Executive Officer)
  • Compensation: $579,017
  • Related: $0
  • Other: $21,757
Deborah Berkowitz (Chief Financial Officer)
  • Compensation: $250,531
  • Related: $0
  • Other: $13,062
David Chivo (Chief Development Officer)
  • Compensation: $332,206
  • Related: $0
  • Other: $50,612
Jana Littleton-Key (Chief Advancement Officer)
  • Compensation: $222,336
  • Related: $0
  • Other: $13,062
Kate Yarhouse (Executive Director, Hr & Admin)
  • Compensation: $188,800
  • Related: $0
  • Other: $16,775
Maryellen Titani - Execdir (Camp. Ops. & Donor Relations)
  • Compensation: $216,288
  • Related: $0
  • Other: $41,621
Shanta Mali - Chief Marketing (Officer (Thru 7/2021))
  • Compensation: $173,758
  • Related: $0
  • Other: $37,958
Jerome Kleinman (Executive Director, Principal Gifts)
  • Compensation: $283,753
  • Related: $0
  • Other: $33,549
Irv Elenberg (Regional Senior Dir. Of Development)
  • Compensation: $243,613
  • Related: $0
  • Other: $43,958
Judy Sager (Executive Director, Planned Giving)
  • Compensation: $243,147
  • Related: $0
  • Other: $50,722
Irma Sarisohn (Executive Director, Programs)
  • Compensation: $199,652
  • Related: $0
  • Other: $28,800
Joey Selesny - Regional (Dir. Of Development)
  • Compensation: $181,291
  • Related: $0
  • Other: $62,146


Official website here: www.ats.org

Where can I find the form 990 for American Society For Technion Israel Institute Of Technology Inc?

American Society For Technion Israel Institute Of Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ats.org

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

Mission Statement of American Society For Technion Israel Institute Of Technology Inc

The American Society For Technion Israel Institute Of Technology Inc, also known as the American Technion Society, is a leading organization that has been instrumental in the remarkable growth and achievements of the Technion in Haifa, Israel. With a network of dedicated leaders and thousands of committed members, this American nonprofit is deeply invested in the belief that the future of high technology in Israel lies at the Technion. Established in 1940, the American Technion Society has raised over $2.5 billion for the Technion, enabling it to rank among the world's leading institutions, improving the well-being of Israel and humanity through pioneering work in science and technology. The American Technion Society's mission is driven by its unwavering commitment to support the Technion, a partnership that spans decades and has yielded groundbreaking advancements in various fields.

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Impact



October, 2024

The American Society for Technion Israel Institute of Technology Inc. plays a pivotal role in advancing education and innovation in Israel, specifically through its support of the Technion – Israel Institute of Technology. By fostering a robust partnership with this leading institution, the organization contributes significantly to the development of science and technology in Israel, driving advancements that have global implications.

Through fundraising efforts that have surpassed $2.5 billion since its inception in 1940, the society has enabled the Technion to enhance its position among the world's preeminent educational institutions. This support facilitates cutting-edge research, promotes academic excellence, and helps cultivate the next generation of leaders in high technology.

The initiatives facilitated by the American Technion Society extend beyond the boundaries of Israel, influencing global challenges in various scientific and technological fields. Its commitment to improving the well-being of both Israel and humanity showcases the transformative impact of its programs and contributions, making the Technion not only a hub of regional progress but also a key player in the global landscape of innovation and research.



This information is meant to be a general summary of American Society For Technion Israel Institute Of Technology 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.

Revenue
$90,330,678 (2022)
Expenses
$78,134,988 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,117,345
  • Gross Receipts: $149,766,500

Assets and Liabilities:

  • Total Assets: $561,761,560
  • Total Liabilities: $42,505,491
  • Net Assets: $519,256,069

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Organization Details

Founding Year

1940

Phone

(212) 407-6300

Principal Officer

Michael Waxman-Lenz

Main Address

55 EAST 59TH STREET 14TH FLOOR, NEW YORK, NY, 100221710

Website

www.ats.org

NTEE Category

Code: B11 - Education

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