Overview
What is Nj Edgenet Inc?
NJ Edgenet Inc, located in Newark, New Jersey, serves as a crucial support system for educational and research institutions in the state. With a team of 40 employees, they operate and manage a state-wide network, ensuring round-the-clock access to a regional optical network that provides statewide broadband access and state-of-the-art emerging technologies. Their mission is to enrich the educational and research missions of their members by fostering partnerships with government, industry, and the wider research community. NJ Edgenet Inc's efforts contribute significantly to New Jersey's thriving research and education sector.
Official website here: www.njedge.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Nj Edgenet Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The score is derived entirely from their accountability measures, highlighting a commitment to financial integrity and transparency. With no noted material diversion of assets and a well-structured governance model, the charity demonstrates a strong foundation for responsible management.
The organization boasts an impressive composition of its board, with 90% independent members and an adequate board size, ensuring diverse perspectives and oversight. The charity has also established robust policies, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining ethical standards. Additionally, the documentation of board meeting minutes showcases their dedication to transparency and accountability in decision-making processes.
While the rating indicates a strong focus on fiscal responsibility, it is important to note that the overall evaluation is limited to a single category. This means that while accountability and finance are well-managed, there may be other areas of performance that are not reflected in this score. Nonetheless, Nj Edgenet Inc has shown a commendable commitment to good governance and effective use of program resources.
This AI summary has been generated from information found on Charity Navigator.
Is Nj Edgenet Inc legitimate?
Nj Edgenet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nj Edgenet 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,500,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,351,965
For more financial information, click here
Official website here: www.njedge.net
What is the mission statement of Nj Edgenet Inc?
NJ Edgenet Inc supports the research and education community in New Jersey, as well as government and industry partnerships, by deploying a regional optical network that provides statewide broadband access and state-of-the-art emerging technologies. This enriches the educational and research missions of its members. The organization procures, operates, and manages a state-wide network solely on behalf of educational and research institutions in New Jersey. This is a 24/7, year-round operation. Through its advanced network, NJ Edgenet Inc enables its members to conduct research and provide education more effectively, fostering innovation and knowledge exchange within the community.
Official website here: www.njedge.net
Who is the CEO of Nj Edgenet Inc?
Samuel S Conn Phd is the Chair of Nj Edgenet Inc. The CEO's salary of Nj Edgenet Inc is $232,945 and their total compensation is $281,965.
Official website here: www.njedge.net
What is the revenue of Nj Edgenet Inc?
Nj Edgenet Inc's revenue in 2022 was $12,640,759.
Official website here: www.njedge.net
Who are the executives of Nj Edgenet Inc and what are their salaries?
The average compensation at Nj Edgenet Inc during 2022 was $96,312. There are 40 employees at Nj Edgenet Inc.
Here are 29 key members and their salaries (Nj Edgenet Inc's CEO's salary is $232,945 and their total compensation is $281,965):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $232,945
- Related: $0
- Other: $49,020
- Compensation: $141,395
- Related: $0
- Other: $17,206
- Compensation: $178,348
- Related: $0
- Other: $40,431
- Compensation: $213,228
- Related: $0
- Other: $46,487
- Compensation: $177,944
- Related: $0
- Other: $44,316
- Compensation: $176,731
- Related: $0
- Other: $21,257
- Compensation: $151,298
- Related: $0
- Other: $49,467
Official website here: www.njedge.net
Where can I find the form 990 for Nj Edgenet Inc?
Nj Edgenet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njedge.net
Learn more at the official website: www.njedge.net
Mission Statement of Nj Edgenet Inc
NJEDGE.NET, a prominent nonprofit organization, is dedicated to supporting New Jersey's research and education community, as well as fostering partnerships between government, industry, and academia. By deploying a state-of-the-art regional optical network, NJEDGE.NET provides its members with statewide broadband access and cutting-edge emerging technologies. These resources enrich the educational and research missions of its institutional members, ensuring they remain at the forefront of innovation and knowledge.
NJEDGE.NET's commitment to New Jersey's academic and research institutions is unwavering. It procures, operates, and manages a state-wide network on their behalf, offering around-the-clock, year-round support. This infrastructure is essential for enabling seamless communication, collaboration, and information sharing among the diverse members of the New Jersey research and education community. By connecting these institutions, NJEDGE.NET fosters a dynamic learning environment that transcends geographical boundaries and drives advancements in various fields.
Through its deployment of advanced technologies and robust network infrastructure, NJEDGE.NET empowers its members to explore new opportunities for research and education. This not only enhances the learning experience for students but also positions New Jersey's educational and research institutions as leaders in their respective fields. Furthermore, by fostering collaborative partnerships with government and industry, NJEDGE.NET ensures that its members have access to the latest resources, technology, and expertise, further bolstering their capacity for groundbreaking discoveries and innovative solutions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nj Edgenet Inc significantly enhances New Jersey's educational and research landscape through its extensive statewide broadband capabilities. By deploying a regional optical network, it ensures that educational institutions have robust, reliable access to advanced technologies, which is crucial for both research initiatives and educational endeavors. This seamless connectivity fosters collaborations among universities, government agencies, and industry partners, facilitating innovative projects and knowledge sharing.
The organization operates a 24/7 network that supports the continuous needs of its members, ensuring that they can access cutting-edge resources and tools without interruption. This infrastructure not only enriches the educational experience for students and educators but also positions New Jersey as a vital hub for research and technological development. Through its commitment to enhancing connectivity and fostering partnerships, Nj Edgenet Inc plays a pivotal role in driving progress and innovation across the state's education and research sectors.
This information is meant to be a general summary of Nj Edgenet Inc. 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 2022.
- Investment Income: $830
- Program Service Revenue: $11,497,598
- Gross Receipts: $12,640,759
Assets and Liabilities:
- Total Assets: $7,375,107
- Total Liabilities: $5,212,183
- Net Assets: $2,162,924
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$11,497,598
Organization Details
Founding Year
2001
Phone
(855) 832-3343Principal Officer
Samuel S Conn Phd
Main Address
625 BROAD STREET 260, NEWARK, NJ, 07102
Website
www.njedge.netNTEE Category
Code: B022 - Education
If you are a representative of Nj Edgenet Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.