Overview
What is Technology Entrepreneur Center Inc?
Technology Entrepreneur Center Inc, also known as TEC Inc, is a nonprofit organization situated in St. Louis, Missouri. With a mission to support technology-driven entrepreneurs, TEC Inc operates primarily in the St. Louis region. Their main activity involves operating an incubator, offering subsidized rent to startups in their initial stages of business development. Beyond this, TEC Inc occasionally provides educational programs and networking opportunities to further assist these entrepreneurs. Their primary objective is to contribute to the revitalization of distressed communities by aiding in the creation and growth of technology-based businesses, thereby providing employment opportunities for local residents.
Official website here: www.downtowntrex.com
Is Technology Entrepreneur Center Inc legitimate?
Technology Entrepreneur Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technology Entrepreneur Center 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: $145,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $432,385
For more financial information, click here
What is the mission statement of Technology Entrepreneur Center Inc?
The Technology Entrepreneur Center Inc, in its mission, focuses on supporting technology-driven entrepreneurs in their early stages of business development. The primary activity of the center is operating an incubator, offering subsidized rent to these startups. Occasionally, the center also provides educational programs and networking opportunities to further assist these entrepreneurs. In addition to its incubator services, the center also aims to provide services and technical assistance to start-up companies in distressed communities, with an intent to help these companies hire residents from these communities.
Official website here: www.downtowntrex.com
Who is the CEO of Technology Entrepreneur Center Inc?
Patricia Hagen is the Director of Technology Entrepreneur Center Inc.
Official website here: www.downtowntrex.com
What is the revenue of Technology Entrepreneur Center Inc?
Technology Entrepreneur Center Inc's revenue in 2022 was $1,719,886.
Official website here: www.downtowntrex.com
Who are the executives of Technology Entrepreneur Center Inc and what are their salaries?
The average compensation at Technology Entrepreneur Center Inc during 2022 was $72,173. There are 8 employees and 10 volunteers at Technology Entrepreneur Center Inc.
Here are 11 key members and their salaries:
- Patricia Hagen (President) [Trustee/Director]
- Kit Bond (Director)
- Michelle Stuckey (Director)
- Neal Richardson (Director)
- Scott Veit (Director)
- Brian Monheiser (Director)
- Mark Donavon (Director)
- Janet Holloway (Director)
- Mark Showers (Director)
- Jean Roberson (Treasurer) [Trustee/Director]
- Kevin Wilson (Chairman) [Trustee/Director]
Official website here: www.downtowntrex.com
Where can I find the form 990 for Technology Entrepreneur Center Inc?
The Technology Entrepreneur Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.downtowntrex.com
Learn more at the official website: www.downtowntrex.com
Mission Statement of Technology Entrepreneur Center Inc
Technology Entrepreneur Center Inc, often abbreviated as TEC, is committed to supporting technology-driven entrepreneurs in their formative stages. The primary activity of TEC is operating an incubator, providing subsidized rent to these fledgling businesses. This incubator environment aids in the early development of these startups. Beyond this, TEC occasionally offers educational programs and networking opportunities to further support these entrepreneurs.
In addition to its incubator services, TEC extends its support to startups in communities classified as "distressed." The organization provides technical assistance in these areas, aiming to assist these companies in hiring residents from these communities. By doing so, TEC contributes to the economic growth and development of these communities, ultimately providing opportunities for local residents.
Impact
This information is meant to be a general summary of Technology Entrepreneur Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Technology Entrepreneur Center Inc's impact can be seen through its efforts to support technology-based entrepreneurs in the St. Louis region. By providing services and technical assistance to startup companies in distressed communities, this organization plays a crucial role in helping these businesses grow and thrive. Moreover, by assisting these companies in hiring residents from distressed communities, Technology Entrepreneur Center Inc is not only fostering economic development but also contributing to the overall improvement of these communities. Through its business incubator program, educational initiatives, and networking activities, Technology Entrepreneur Center Inc is making a significant difference in the entrepreneurial landscape of St. Louis.
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 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2003
Phone
(314) 241-7500
Principal Officer
Patricia Hagen
Main Address
911 WASHINGTON AVENUE SUITE 500, ST LOUIS, MO, 63101
Website
www.downtowntrex.com
NTEE Category
Code: S43 - Community improvement
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