Overview
What is Oregon Nanoscience And Microtechnologies Institute?
The Oregon Nanoscience and Microtechnologies Institute (ONAMI), based in Corvallis, Oregon, serves as a Signature Research Center that aims to promote and support a thriving number of science and technology-driven startups. Their primary mission is to sustain and extend the success of Oregon's leading high-technology industry cluster and other employment sectors. This is achieved by leveraging advanced nano- and micro-scale technology. By directly or indirectly creating new and replacement high-wage jobs, ONAMI contributes to Oregon's economic health in the rapidly evolving global economy. With a team of three dedicated individuals, ONAMI plays a vital role in nurturing and growing Oregon's tech industry.
Official website here: www.onami.us
What are the reviews and ratings of this charity?
Charity Navigator rates the Oregon Nanoscience and Microtechnologies Institute at 88%, which translates to a Three-Star out of Four Star rating. This score reflects solid performance in accountability and finance, indicating a strong level of transparency and responsible fiscal management.
The organization stands out for its fully independent board, scoring a perfect 100% for majority independent board members. Furthermore, it demonstrates excellent financial oversight with no material diversion of assets reported, a low liabilities to assets ratio, and full program expense allocation. These factors suggest that the nonprofit effectively utilizes its resources to meet its mission.
However, there are notable shortcomings in policy documentation, as the whistleblower and document retention policies are missing, along with the tax form not being posted on the nonprofit's website as required. Addressing these areas could improve the organization’s overall rating and further enhance its operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Nanoscience And Microtechnologies Institute legitimate?
Oregon Nanoscience And Microtechnologies Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Nanoscience And Microtechnologies 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $196,843
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.onami.us
What is the mission statement of Oregon Nanoscience And Microtechnologies Institute?
The Oregon Nanoscience and Microtechnologies Institute's mission is to maintain and expand the success of Oregon's leading high technology industry cluster and other employment sectors. This is achieved by leveraging advanced nano- and micro-scale technology to create new and replacement high-wage jobs, contributing to Oregon's economic health in the rapidly evolving global economy. To support this goal, the institute promotes and backs a growing number of science and technology-focused startups.
Official website here: www.onami.us
What is the revenue of Oregon Nanoscience And Microtechnologies Institute?
Oregon Nanoscience And Microtechnologies Institute's revenue in 2024 was $1,388,094.
Official website here: www.onami.us
Who are the executives of Oregon Nanoscience And Microtechnologies Institute and what are their salaries?
The average compensation at Oregon Nanoscience And Microtechnologies Institute during 2024 was $98,422. There are 2 employees and 12 volunteers at Oregon Nanoscience And Microtechnologies Institute.
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Official website here: www.onami.us
Where can I find the form 990 for Oregon Nanoscience And Microtechnologies Institute?
Oregon Nanoscience And Microtechnologies Institute's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.onami.us
Learn more at the official website: www.onami.us
Mission Statement of Oregon Nanoscience And Microtechnologies Institute
Oregon Nanoscience and Microtechnologies Institute is committed to sustaining and extending the success of Oregon's leading high technology industry cluster and other employment sectors that can benefit from advanced nano- and micro-scale technology. By doing so, the institute aims to create new and replacement high-wage jobs required for Oregon's economic health in the rapidly evolving global economy. The institute's mission is to directly or indirectly support this growth by promoting and fostering a growing number of science and technology-based startups.
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Impact
October, 2024
The Oregon Nanoscience and Microtechnologies Institute significantly impacts the state's economy by sustaining and expanding Oregon's high technology industry cluster. It fosters the development and integration of advanced nano- and micro-scale technologies across various sectors, directly contributing to the creation and maintenance of high-wage jobs essential for the state's economic vitality. By promoting and supporting an increasing number of science and technology startups, the institute plays a crucial role in enhancing innovation and competitiveness within Oregon's job market. Its efforts not only bolster existing industries but also pave the way for new opportunities that are vital in a rapidly evolving global economy.
This information is meant to be a general summary of Oregon Nanoscience And Microtechnologies Institute. 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 2024.
- Investment Income: -$25,049
- Gross Receipts: $1,773,202
Assets and Liabilities:
- Total Assets: $3,736,450
- Total Liabilities: $148,684
- Net Assets: $3,587,766
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Organization Details
Founding Year
2005
Principal Officer
Robert Skip Rung
Website
www.onami.usNTEE Category
Code: B99 - Education
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