Materials Technology Institute Inc

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

EIN: 132892392 ✦ Saint louis, MO ✦ Designated as a 501(c)(6)

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Overview

What is Materials Technology Institute Inc?

The Materials Technology Institute Inc is a distinctive, non-profit organization that specializes in technology advancement, primarily serving the private sector. Their primary focus is on collaborative research projects, aiming to drive technological innovation and progress. This institute represents the private industry in its mission to foster technological development.


Official website here: www.mti-global.org

Is Materials Technology Institute Inc legitimate?

Materials Technology Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Materials Technology Institute 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: $484,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $410,945

For more financial information, click here


Official website here: www.mti-global.org

What is the mission statement of Materials Technology Institute Inc?

The Materials Technology Institute Inc, being a distinct, non-profit organization, focuses on collaborative research projects within the realm of technology development, acting as a representative for the private sector. Its mission is centered around fostering technological advancements through cooperative projects.


Official website here: www.mti-global.org

Who is the CEO of Materials Technology Institute Inc?

Byron Keelin is the Executive Director of Materials Technology Institute Inc.


Official website here: www.mti-global.org

What is the revenue of Materials Technology Institute Inc?

Materials Technology Institute Inc's revenue in 2022 was $2,455,959.


Official website here: www.mti-global.org

Who are the executives of Materials Technology Institute Inc and what are their salaries?

The average compensation at Materials Technology Institute Inc during 2022 was $81,424. There are 11 employees at Materials Technology Institute Inc.


Here are 19 key members and their salaries:


Heather Allain (Executive Director)
  • Compensation: $140,000
  • Related: $0
  • Other: $0
David Barber (Bod Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bieber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Heffner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Chen (Asiatac Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tzu-Ping Cheng (Asiatac Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cole (Ameritac Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anette Hansson (Eurotac Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Huddle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Srini Kesavan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Li (Asiatac Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Mccauley (Bod Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Oaks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Jose Landeira Oestergaad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Rentsch (Bod Vice Chair & Ameritac Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lars Rose (Eurotac Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Wadley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mti-global.org

Where can I find the form 990 for Materials Technology Institute Inc?

Materials Technology Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mti-global.org

Learn more at the official website: www.mti-global.org

Mission Statement of Materials Technology Institute Inc

The Materials Technology Institute, a distinctive, non-profit organization, is dedicated to fostering cooperative research projects in the realm of technology development, acting as a bridge between private industries. Its mission is to leverage its unique position to drive advancements in technology, contributing to the collective progress of the industry.

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Impact




October, 2024

Materials Technology Institute Inc. (MTI) plays a significant role in advancing material science and engineering through its cooperative research projects, which focus on the development and application of innovative materials. By bringing together stakeholders from private industry, MTI fosters collaboration that leads to the creation of cutting-edge technologies and solutions tailored to meet industry demands.

Operating out of Saint Louis, MO, MTI’s impact is felt broadly across various sectors, as it addresses critical challenges related to material performance, sustainability, and efficiency. The organization contributes to community improvement by promoting technological advancements that drive economic growth and enhance the competitiveness of its members. Through its commitment to research and development, MTI facilitates knowledge sharing, promotes best practices, and supports the implementation of new technologies that can lead to safer, more efficient industrial processes.

Furthermore, MTI's collaborative approach ensures that the voice of private industry is represented in the research agenda, emphasizing practical applications and real-world benefits. By leveraging expertise from across industries, MTI not only advances material technologies but also plays a crucial role in building a stronger, more resilient community through shared innovation initiatives.




This information is meant to be a general summary of Materials Technology Institute 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
$2,455,959 (2022)
Expenses
$2,491,783 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56,025
  • Program Service Revenue: $2,379,278
  • Gross Receipts: $2,455,959

Assets and Liabilities:

  • Total Assets: $3,425,002
  • Total Liabilities: $989,172
  • Net Assets: $2,435,830

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Programs

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

MEMBERSHIP DUES

Revenue

$2,146,290

EDUCATIONAL MEETING FE

Revenue

$222,669

PROJECT REVENUES

Revenue

$10,319

Organization Details

Founding Year

1976

Principal Officer

Byron Keelin

Main Address

1001 CRAIG ROAD SUITE 490 490, SAINT LOUIS, MO, 63141

NTEE Category

Code: S41 - Community improvement

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