Overview
What is New York State Technology Enterprise Corporation?
The New York State Technology Enterprise Corporation (NYSTEC) is a not-for-profit technology consulting company headquartered in Rome, New York. With a team of 362 experts, NYSTEC provides superior engineering, management, and consulting services to help state and government clients effectively identify, define, acquire, and implement technology needs. Leveraging the technology base in New York State, NYSTEC plays a crucial role in defining, developing, and enhancing high-tech innovation, knowledge, and capabilities throughout government and industry. NYSTEC collaborates with organizations, agencies, institutions, and businesses to ensure successful technology implementation, offering consulting services in partnership with the Air Force Research Laboratory RI Directorate.
Official website here: www.nystec.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
The New York State Technology Enterprise Corporation has achieved a high rating of 96%, reflecting strong performance in accountability and finance. This rating is significant as it indicates the organization operates with a high degree of transparency and integrity in its financial practices. The charity's focus on accountability is underscored by its perfect scores across various categories, including independent board member presence and the absence of material diversion of assets.
The organization boasts a fully independent board, with 88% of its members being independent, which enhances its governance. Financial oversight is robust, as demonstrated by the presence of an Audit and Oversight Committee and the thorough documentation of board meeting minutes. Additionally, the charity maintains effective policies regarding conflict of interest, whistleblower protections, and document retention, further reinforcing its commitment to ethical operations.
Despite these strengths, the summary does not indicate specific programmatic outcomes or impact metrics, which could provide a fuller picture of the organization’s effectiveness in achieving its mission. Overall, the New York State Technology Enterprise Corporation presents itself as a well-managed nonprofit dedicated to responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is New York State Technology Enterprise Corporation legitimate?
New York State Technology Enterprise Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York State Technology Enterprise Corporation 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: $3,235,117
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,834,203
For more financial information, click here
Official website here: www.nystec.com
What is the mission statement of New York State Technology Enterprise Corporation?
The New York State Technology Enterprise Corporation functions as a not-for-profit technology consulting company, offering expert advice to organizations, agencies, institutions, and businesses. Their mission is to deliver superior engineering, management, and consulting services, enabling clients in both the public and private sectors to successfully identify, define, acquire, and implement their technology requirements. Through their collaborations and partnerships, NYSTEC leverages the advanced technological capabilities within New York State to foster innovation, knowledge, and enhanced solutions for their clients.
Official website here: www.nystec.com
Who is the CEO of New York State Technology Enterprise Corporation?
Kevin Owens is the Ceo & President of New York State Technology Enterprise Corporation. The CEO's salary of New York State Technology Enterprise Corporation is $533,950 and their total compensation is $575,632.
Official website here: www.nystec.com
What is the revenue of New York State Technology Enterprise Corporation?
New York State Technology Enterprise Corporation's revenue in 2023 was $92,728,304.
Official website here: www.nystec.com
Who are the executives of New York State Technology Enterprise Corporation and what are their salaries?
The average compensation at New York State Technology Enterprise Corporation during 2023 was $110,689. There are 362 employees at New York State Technology Enterprise Corporation.
Here are 22 key members and their salaries (New York State Technology Enterprise Corporation's CEO's salary is $533,950 and their total compensation is $575,632):
- Compensation: $533,950
- Related: $0
- Other: $41,682
- Compensation: $43,750
- Related: $0
- Other: $0
- Compensation: $31,250
- Related: $0
- Other: $0
- Compensation: $33,750
- Related: $0
- Other: $0
- Compensation: $31,250
- Related: $0
- Other: $0
- Compensation: $40,417
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $213,489
- Related: $0
- Other: $36,507
- Compensation: $154,642
- Related: $0
- Other: $17,128
- Compensation: $345,585
- Related: $0
- Other: $43,285
- Compensation: $272,315
- Related: $0
- Other: $44,357
- Compensation: $250,839
- Related: $0
- Other: $40,860
- Compensation: $253,373
- Related: $0
- Other: $40,002
- Compensation: $246,585
- Related: $0
- Other: $27,919
- Compensation: $218,664
- Related: $0
- Other: $44,641
- Compensation: $205,851
- Related: $0
- Other: $35,455
- Compensation: $213,841
- Related: $0
- Other: $25,735
- Compensation: $207,058
- Related: $0
- Other: $35,903
- Compensation: $202,257
- Related: $0
- Other: $31,853
- Compensation: $286,864
- Related: $0
- Other: $39,756
Official website here: www.nystec.com
Where can I find the form 990 for New York State Technology Enterprise Corporation?
New York State Technology Enterprise Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nystec.com
Learn more at the official website: www.nystec.com
Mission Statement of New York State Technology Enterprise Corporation
New York State Technology Enterprise Corporation, or NYSTEC, is a prominent not-for-profit technology consulting company. With a mission to excel, NYSTEC offers superior engineering, management, and consulting services to organizations, agencies, institutions, and businesses. Their primary objective is to help state and government clients effectively identify, define, acquire, and implement technology needs. Utilizing the robust technology base within New York State, NYSTEC defines and develops innovative, high-tech solutions for clients throughout both the public and private sectors. Additionally, NYSTEC collaborates with esteemed institutions like the Air Force Research Laboratory RI Directorate to enhance technological innovation, knowledge, and capabilities across industries.
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Impact
October, 2024
The New York State Technology Enterprise Corporation (NYSTEC) significantly impacts the technological landscape of New York by providing expert consulting services to various organizations, agencies, institutions, and businesses. Their primary mission is to assist state and government clients in effectively identifying, defining, acquiring, and implementing their technology needs.
By leveraging the robust technology base in New York State, NYSTEC plays a crucial role in catalyzing high-tech innovation and enhancing capabilities across both government and industry sectors. They collaborate with entities such as the Air Force Research Laboratory, fostering the development of advanced technology solutions tailored to meet specific client requirements.
Through their engineering, management, and consulting services, NYSTEC not only helps clients navigate the complexities of technology acquisition but also drives the evolution of high-tech initiatives that contribute to the state's economic growth and technological advancement. This alignment of state and industry interests positions NYSTEC as a vital player in fostering innovation and improving operational efficiencies across various sectors.
This information is meant to be a general summary of New York State Technology Enterprise Corporation. 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: $1,131,797
- Program Service Revenue: $91,595,757
- Gross Receipts: $96,593,291
Assets and Liabilities:
- Total Assets: $79,526,557
- Total Liabilities: $19,162,884
- Net Assets: $60,363,673
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNOLOGY CONSULTING
Revenue
$91,595,757
Organization Details
Founding Year
1996
Phone
(315) 338-5818Principal Officer
Kevin Owens
Main Address
99 OTIS STREET 2ND FLOOR, ROME, NY, 13441
Website
www.nystec.comNTEE Category
Code: Z99 - Unknown
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