Overview
What is Dartmouth Regional Technology Center?
The Dartmouth Regional Technology Center, located at 16 Cavendish CTCenterra Res Park, Lebanon, NH 03766, is a nonprofit organization dedicated to fostering business growth and stimulating economic development in the local region. They achieve this by providing and leasing workspace, such as laboratories and offices, to burgeoning businesses. By serving as a business incubator, Dartmouth Regional Technology Center encourages the growth of business ventures in the area, ultimately contributing to a positive economic impact in New Hampshire.
Official website here: www.thedrtc.com
Is Dartmouth Regional Technology Center legitimate?
Dartmouth Regional Technology Center is a legitimate nonprofit organization registered as a 501(c)(4) entity. Dartmouth Regional Technology Center 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.
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Official website here: www.thedrtc.com
What is the mission statement of Dartmouth Regional Technology Center?
The Dartmouth Regional Technology Center's mission is centered around fostering and supporting the growth of local businesses, contributing to economic development. Acting as a business incubator, it encourages the expansion of venture businesses within the regional community. The organization strives to generate positive economic benefits, particularly for New Hampshire. To accomplish this, DRTC provides work spaces such as laboratories and offices to businesses in their growth phase, thereby offering them a conducive environment to thrive.
Official website here: www.thedrtc.com
Who is the CEO of Dartmouth Regional Technology Center?
Trip Davis is the Chair of Dartmouth Regional Technology Center.
Official website here: www.thedrtc.com
What is the revenue of Dartmouth Regional Technology Center?
Dartmouth Regional Technology Center's revenue in 2023 was $2,113,757.
Official website here: www.thedrtc.com
Who are the executives of Dartmouth Regional Technology Center and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.thedrtc.com
Where can I find the form 990 for Dartmouth Regional Technology Center?
Dartmouth Regional Technology Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thedrtc.com
Learn more at the official website: www.thedrtc.com
Mission Statement of Dartmouth Regional Technology Center
Dartmouth Regional Technology Center, a business incubator, is dedicated to fostering the growth of local businesses and contributing to economic development in New Hampshire. Its mission is to promote and support ventures in the region, striving for a positive impact on the state's economy. The center achieves this by providing work spaces such as laboratories and offices to expanding businesses, thereby offering them a conducive environment for growth.
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Impact
October, 2024
The Dartmouth Regional Technology Center (DRTC) plays a vital role in fostering local business growth and stimulating economic development in the Lebanon, NH area. By providing essential resources such as laboratories and office spaces, DRTC supports emerging businesses, enabling them to thrive and innovate. This business incubator not only nurtures entrepreneurial ventures but also contributes to the overall economic vitality of New Hampshire. Through its commitment to promoting positive economic outcomes, DRTC enhances community improvement and strengthens the regional business ecosystem.
This information is meant to be a general summary of Dartmouth Regional Technology Center. 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: $4,284
- Program Service Revenue: $2,109,473
- Gross Receipts: $2,113,757
Assets and Liabilities:
- Total Assets: $5,725,417
- Total Liabilities: $3,069,558
- Net Assets: $2,655,859
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCUBATOR RENT INCOME
Revenue
$2,109,473
Organization Details
Founding Year
2004
Phone
(603) 643-5174Principal Officer
Trip Davis
Main Address
16 CAVENDISH CTCENTERRA RES PARK, LEBANON, NH, 03766
Website
www.thedrtc.comNTEE Category
Code: S41 - Community improvement
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