Overview
What is Technology Council Of Maryland?
The Technology Council of Maryland, operating under the name Maryland Technology Council Inc, is a prominent nonprofit organization located in Frederick, Maryland. With a team of 9 dedicated individuals, their primary mission is to promote the advancement of technology and life science industries within Maryland. They achieve this by advocating on behalf of their member companies, providing education, fostering workforce development, and facilitating cost savings. One of their notable events is the annual MTC Industry Awards Celebration, honoring the dedication and outstanding service of Maryland's technology and life science community. This event brings together a diverse range of professionals from various sectors, including technology, government, academia, and supporting businesses.
Official website here: www.mdtechcouncil.com
Is Technology Council Of Maryland legitimate?
Technology Council Of Maryland is a legitimate nonprofit organization registered as a 501(c)(6) entity. Technology Council Of Maryland 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: $453,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $768,623
For more financial information, click here
Official website here: www.mdtechcouncil.com
What is the mission statement of Technology Council Of Maryland?
The Technology Council of Maryland's mission is centered around promoting its members in the advanced technology and life science industries. They believe in the power of innovation to save lives, secure the nation, and improve the quality of life. The organization supports its member companies by advocating for them, providing education, aiding in workforce development, and fostering cost savings. They also connect entrepreneurial minds, as demonstrated through their Industry Awards Celebration, which honors the dedication and outstanding service of the technology and life science community in Maryland.
Official website here: www.mdtechcouncil.com
Who is the CEO of Technology Council Of Maryland?
Kelly Schulz is the CEO of Technology Council Of Maryland The CEO's salary of Technology Council Of Maryland is $40,000 and their total compensation is $40,400.
Official website here: www.mdtechcouncil.com
What is the revenue of Technology Council Of Maryland?
Technology Council Of Maryland's revenue in 2023 was $3,573,182.
Official website here: www.mdtechcouncil.com
Who are the executives of Technology Council Of Maryland and what are their salaries?
The average compensation at Technology Council Of Maryland during 2023 was $87,297. There are 14 employees and 56 volunteers at Technology Council Of Maryland.
Here are 55 key members and their salaries (Technology Council Of Maryland's CEO's salary is $40,000 and their total compensation is $40,400):
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Official website here: www.mdtechcouncil.com
Where can I find the form 990 for Technology Council Of Maryland?
Technology Council Of Maryland's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mdtechcouncil.com
Learn more at the official website: www.mdtechcouncil.com
Mission Statement of Technology Council Of Maryland
The Technology Council of Maryland, abbreviated as MTC, is dedicated to promoting its members in the advanced technology and life science industries within Maryland. At its core, MTC believes in saving lives, securing the nation, and improving the quality of life through innovation. It supports its member companies, who are driving innovation, by advocating for their interests, providing education, facilitating workforce development, and offering cost savings opportunities. MTC also plays a crucial role in connecting entrepreneurial minds, fostering a dynamic and innovative business environment in Maryland.
In a practical sense, MTC showcases the excellence and dedication of its members through the MTC Industry Awards Celebration. This event, one of Maryland's largest and most prestigious award ceremonies, brings together the best of technology, life science, government, academia, and supporting businesses. By recognizing outstanding service and dedication, MTC honors the contributions of its members in driving innovation and business development in Maryland.
In summary, the Technology Council of Maryland is a powerful advocate for innovation in the advanced technology and life science industries. Through its various initiatives, it supports its member companies, fosters a vibrant business environment, and recognizes the outstanding contributions of its members to the community.
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Impact
October, 2024
The Technology Council of Maryland plays a pivotal role in advancing the state's advanced technology and life science sectors. By promoting its members, the council fosters an ecosystem conducive to innovation and growth. One of its hallmark events, the MTC Industry Awards Celebration, stands out as Maryland's premier recognition ceremony for excellence in these fields. This event unites leaders from technology, life science, government, academia, and supporting businesses, celebrating their contributions and reinforcing the community’s collective impact on business development.
Through advocacy, education, and workforce development, the Technology Council empowers its member companies to drive innovation that saves lives, enhances national security, and improves quality of life. By connecting entrepreneurial minds and fostering collaboration, the council aids in building a robust network that spurs economic growth and technological advancements in Maryland. Its initiatives reflect a commitment to nurturing talent and facilitating access to resources, ultimately enhancing the state's position as a leader in technology and life sciences.
This information is meant to be a general summary of Technology Council Of Maryland. 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: $2
- Program Service Revenue: $855,500
- Gross Receipts: $3,573,182
Assets and Liabilities:
- Total Assets: $1,077,501
- Total Liabilities: $870,779
- Net Assets: $206,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$436,925
CONFERENCE/MEETING
Revenue
$340,575
SHARED SVCS AGREEMENT
Revenue
$78,000
Organization Details
Founding Year
2006
Principal Officer
Kelly Schulz
Website
www.mdtechcouncil.comNTEE Category
Code: S41 - Community improvement
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