Overview
What is Nutech Ventures?
Nutech Ventures, also known as UNL Technology Development Corporation, is a nonprofit organization based in Lincoln, Nebraska. Their primary mission is to foster research by developing and promoting the application of discoveries and inventions originating from the University of Nebraska-Lincoln (UNL). By doing so, they aim to contribute to the scientific community and potentially drive innovation in various fields. The organization operates under the name UNL Technology Development Corporation.
Official website here: www.nutechventures.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Needs Improvement (Two Stars)**
Nutech Ventures has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it falls into the "Needs Improvement" category. This evaluation is primarily based on its Accountability & Finance score of 73%. While the organization demonstrates strong financial oversight, transparent governance practices such as having conflicts of interest and whistleblower policies in place, it misses the mark with its asset-to-liability ratio, significantly undermining its overall financial health.
Key strengths include the high percentage of independent board members and adherence to various accountability measures, which collectively reflect a commitment to transparency. However, the charity has not yet been assessed on Leadership & Adaptability, Culture & Community, or Impact & Measurement, which are critical for understanding its overall effectiveness and operational resilience. The absence of these evaluations suggests a potentially incomplete picture of Nutech Ventures' organizational strengths and areas for growth.
Unfortunately, user reviews from GreatNonprofits are currently unavailable, so there is no further insight from the community regarding their experiences with the organization. As such, stakeholders should consider these factors when evaluating Nutech Ventures' impact and effectiveness in the field.
This AI summary has been generated from information found on Charity Navigator.
Is Nutech Ventures legitimate?
Nutech Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nutech Ventures 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nutechventures.org
What is the mission statement of Nutech Ventures?
Nutech Ventures is dedicated to promoting research by fostering the development and utilization of discoveries and innovations originating from the University of Nebraska-Lincoln (UNL). Their mission is geared towards advancing scientific knowledge and furthering societal progress through the application of these UNL-based breakthroughs. By supporting research in this manner, Nutech Ventures aims to contribute to the broader academic community and drive technological advancements.
Official website here: www.nutechventures.org
Who is the CEO of Nutech Ventures?
Unavailable
Official website here: www.nutechventures.org
What is the revenue of Nutech Ventures?
Nutech Ventures's revenue in 2022 was $7,636,320.
Official website here: www.nutechventures.org
Who are the executives of Nutech Ventures and what are their salaries?
There 4 volunteers at Nutech Ventures.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $187,472
- Other: $23,226
- Compensation: $0
- Related: $251,419
- Other: $43,772
- Compensation: $0
- Related: $199,308
- Other: $42,591
- Compensation: $0
- Related: $363,934
- Other: $45,990
- Compensation: $0
- Related: $324,706
- Other: $41,891
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $343,541
- Other: $40,649
- Compensation: $0
- Related: $622,672
- Other: $48,549
- Compensation: $0
- Related: $214,385
- Other: $36,964
- Compensation: $0
- Related: $120,931
- Other: $35,135
- Compensation: $0
- Related: $116,176
- Other: $31,835
- Compensation: $0
- Related: $142,383
- Other: $37,653
- Compensation: $0
- Related: $131,907
- Other: $27,429
- Compensation: $0
- Related: $112,791
- Other: $36,562
Official website here: www.nutechventures.org
Where can I find the form 990 for Nutech Ventures?
Nutech Ventures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nutechventures.org
Learn more at the official website: www.nutechventures.org
Mission Statement of Nutech Ventures
Nutech Ventures, as an organization, is dedicated to fostering research by utilizing and commercializing discoveries and inventions originating from the University of Nebraska-Lincoln (UNL). Their mission is centered around encouraging academic exploration and innovation, seeking to translate UNL's breakthroughs into practical applications for the betterment of society. By promoting research and development, Nutech Ventures aims to make a meaningful impact in various fields, leveraging the University's intellectual resources to drive progress.
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Impact
October, 2024
Nutech Ventures significantly impacts the research landscape by fostering the development and application of discoveries and inventions originating from the University of Nebraska - Lincoln (UNL). By bridging the gap between academia and industry, Nutech Ventures encourages innovation that can lead to practical solutions and advancements in various fields. This not only strengthens the local economy in Lincoln, Nebraska, but also contributes to broader community improvement initiatives. Through its dedication to promoting research, Nutech Ventures plays a crucial role in transforming academic insights into real-world applications, ultimately benefiting society as a whole.
This information is meant to be a general summary of Nutech Ventures. 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: $83
- Program Service Revenue: $6,350,160
- Gross Receipts: $7,636,320
Assets and Liabilities:
- Total Assets: $5,844,401
- Total Liabilities: $4,988,879
- Net Assets: $855,522
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Licensing Income
Revenue
$6,350,160
Organization Details
Founding Year
2002
Phone
(402) 472-2881Main Address
301 CANFIELD ADMINISTRATION, LINCOLN, NE, 685880433
Website
www.nutechventures.orgNTEE Category
Code: S41 - Community improvement
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