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Rhode Island Manufacturing Institute

We Make Ri

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

EIN: 200167052 ✦ Cranston, RI ✦ Designated as a 501(c)(3)

Overview

What is Rhode Island Manufacturing Institute?

The Rhode Island Manufacturing Institute, identified as WE MAKE RI, is a nonprofit organization located in Cranston, Rhode Island. Their primary mission is to support local manufacturing businesses by offering educational resources at an affordable cost. These resources include job placement, training, skill certifications, and customized curriculum development. They also have an accelerator program aimed at helping small product developers turn their ideas into full-time entrepreneurships, with mentorship from various associations like the Rhode Island Manufacturers Association and the RI Society of CPA's. Accelerator partners receive guidance to grow their businesses, with the goal of becoming fully self-employed within 36 months with another full-time employee. Manufacturers in the accelerator program also gain premium access to WE MAKE RI's manufacturing services like assembly, warehousing, shipping, and packing at reduced fees. Overall, the Rhode Island Manufacturing Institute serves to bolster the local manufacturing sector with business and educational services.


Official website here: www.wemakeri.com

Is Rhode Island Manufacturing Institute legitimate?

Rhode Island Manufacturing Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Manufacturing Institute 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: $117,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,961

For more financial information, click here


Official website here: www.wemakeri.com

What is the mission statement of Rhode Island Manufacturing Institute?

The Rhode Island Manufacturing Institute's mission is centered around providing business and educational services to various entities and individuals. Its primary aim is to offer manufacturing businesses affordable educational resources for their employees, which include job placement, training, skill certifications, and customized curriculum development. The institute also operates the We Make RI Manufacturing Accelerator program, designed to support small product developers who aspire to transform their ideas into full-time entrepreneurships. Accelerator partners are paired with mentors from various organizations, guiding them through the growth process with the goal of becoming self-employed within 36 months, employing another full-time individual. Manufacturers participating in the accelerator program also gain premier access to the institute's manufacturing services like assembly, warehousing, shipping, and packing at reduced fees.


Official website here: www.wemakeri.com

Who is the CEO of Rhode Island Manufacturing Institute?

Barbara Jackson is the Director of Rhode Island Manufacturing Institute.


Official website here: www.wemakeri.com

What is the revenue of Rhode Island Manufacturing Institute?

Rhode Island Manufacturing Institute's revenue in 2023 was $1,013,281.


Official website here: www.wemakeri.com

Who are the executives of Rhode Island Manufacturing Institute and what are their salaries?

The average compensation at Rhode Island Manufacturing Institute during 2023 was $37,304. There are 15 employees at Rhode Island Manufacturing Institute.

Here are 11 key members and their salaries:

    Barbara Jackson (Executive Director)
  • Compensation: $117,603
  • Related: $0
  • Other: $0

    • David Chenevert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Prescott (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dylan Zelazo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Mangiarelli (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Burch (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Caito Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael E Chenevert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Mars (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Paolucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Mailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wemakeri.com

    Where can I find the form 990 for Rhode Island Manufacturing Institute?

    The Rhode Island Manufacturing Institute’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.wemakeri.com

    Learn more at the official website: www.wemakeri.com

    Mission Statement of Rhode Island Manufacturing Institute

    The Rhode Island Manufacturing Institute, a notable organization, is dedicated to providing business and educational services to various business entities and individuals. Its primary mission is to offer resources at the most affordable cost to manufacturing businesses, encompassing job placement, training, skill certifications, and customized curriculum development. The institute also hosts the We Make RI Manufacturing Accelerator Program, designed for small product developers aiming to advance their ideas into full-time entrepreneurships. These participants are paired with mentors from esteemed organizations, including the Rhode Island Manufacturers Association, RI Society of CPA's, the Business Development Company, and We Make RI. These mentors guide the accelerator partners through the necessary steps and requirements to grow their businesses, with the goal of becoming self-employed with another full-time employee within 36 months. Manufacturers participating in the accelerator program also benefit from premier access to We Make RI's manufacturing services like assembly, warehousing, shipping, and packing at a reduced fee.

    Impact

    This information is meant to be a general summary of Rhode Island Manufacturing Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Rhode Island Manufacturing Institute has a significant impact on manufacturing businesses in Rhode Island by providing them with valuable educational resources for their employees at the lowest possible cost. Through initiatives like the We Make RI Manufacturing Accelerator Program, the institute supports small product developers in growing their ideas into successful businesses. By offering training, skill certifications, and customized curriculum development, they help these entrepreneurs become fully self-employed within a set timeframe, fostering economic growth and innovation in the local manufacturing sector. Through partnerships with industry associations and government agencies, the institute plays a crucial role in fostering entrepreneurship and supporting the growth of manufacturing businesses in Rhode Island.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,717
  • Program Service Revenue: $0
  • Gross Receipts: $1,045,668

    • Assets and Liabilities:
  • Total Assets: $689,500
  • Total Liabilities: $320,104
  • Net Assets: $369,396
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Barbara Jackson

    Main Address

    200 FIRST AVE, CRANSTON, RI, 02910

    NTEE Category

    Code: B60 - Education

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