Overview
What is Idaho Regional Optical Network?
The Idaho Regional Optical Network is a nonprofit organization situated in Boise, Idaho. Its primary mission is to offer high-speed, affordable optical network infrastructure across the state. This service is designed to support educational institutions, research centers, and other related non-profit entities in their operations. In 2022, the board approved a three-year strategic initiative to leverage the network's educational ecosystem to strengthen Idaho's broader nonprofit community.
Official website here: www.ironforidaho.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 84%, Three-Star out of Four Star rating.
The Idaho Regional Optical Network holds a respectable Three-Star rating on Charity Navigator, with an overall score reflecting strong accountability and financial management. The organization excels in key areas such as having a fully independent board and effective oversight through its audit committee, demonstrating a commitment to transparency and ethical governance.
Financially, the nonprofit shows a robust program expense ratio of 92.64%, indicating that a significant majority of its resources are directed towards its mission-related programs. However, there are gaps in certain policy areas, as it lacks a conflict of interest policy and a whistleblower policy, which could be seen as limitations in its governance practices.
Overall, while the Idaho Regional Optical Network demonstrates commendable financial management and accountability, addressing the noted policy deficiencies could further enhance its operational integrity and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Idaho Regional Optical Network legitimate?
Idaho Regional Optical Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Regional Optical Network 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: $185,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ironforidaho.net
What is the mission statement of Idaho Regional Optical Network?
The Idaho Regional Optical Network's mission is centered around providing a high-speed and economical optical network infrastructure for various entities within the state. This infrastructure aims to support education, research, and other non-profit organizations. In 2022, the network's board approved a strategic initiative to leverage this infrastructure to enhance the larger non-profit community in Idaho, utilizing its educational ecosystem as a foundation.
Official website here: www.ironforidaho.net
Who is the CEO of Idaho Regional Optical Network?
Andrew Binder is the Principal Officer of Idaho Regional Optical Network. The CEO's salary of Idaho Regional Optical Network is $156,000 and their total compensation is $156,000.
Official website here: www.ironforidaho.net
What is the revenue of Idaho Regional Optical Network?
Idaho Regional Optical Network's revenue in 2022 was $3,000,618.
Official website here: www.ironforidaho.net
Who are the executives of Idaho Regional Optical Network and what are their salaries?
There 19 volunteers at Idaho Regional Optical Network.
Here are 20 key members and their salaries (Idaho Regional Optical Network's CEO's salary is $156,000 and their total compensation is $156,000):
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- Compensation: $29,167
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Official website here: www.ironforidaho.net
Where can I find the form 990 for Idaho Regional Optical Network?
Idaho Regional Optical Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ironforidaho.net
Learn more at the official website: www.ironforidaho.net
Mission Statement of Idaho Regional Optical Network
Idaho Regional Optical Network, a nonprofit entity, is dedicated to providing a high-speed, economical optical network infrastructure throughout the state. Their primary mission is to ensure that educational institutions, research centers, and other related nonprofit entities in Idaho have access to reliable and affordable networking solutions. In 2022, the organization's board approved a three-year strategic initiative aimed at leveraging Idaho's educational ecosystem to enhance the larger nonprofit community in the state.
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Impact
October, 2024
The Idaho Regional Optical Network (IRON) has significantly enhanced connectivity across the state, providing high-speed, economical optical network infrastructure vital for education, research, and various nonprofit organizations. By enabling robust networking capabilities, IRON facilitates communication and collaboration among educational institutions, research entities, and community-focused initiatives.
The strategic initiative launched in 2022 aims to leverage Idaho’s educational ecosystem to strengthen these connections further, thereby enhancing the overall capacity and reach of Idaho’s information technology infrastructure. This impact not only supports the digital needs of educational institutions but also fosters innovation and access to resources for a broader community, ultimately contributing to economic development and the advancement of knowledge throughout Idaho.
This information is meant to be a general summary of Idaho Regional Optical Network. 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: $1,444
- Program Service Revenue: $2,999,174
- Gross Receipts: $3,000,618
Assets and Liabilities:
- Total Assets: $6,683,499
- Total Liabilities: $2,077,699
- Net Assets: $4,605,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY BANDWIDTH FEE
Revenue
$2,172,556
NETWORK UPGRADE COSTS
Revenue
$823,418
ONE TIME PORT CHARGE
Revenue
$3,200
Organization Details
Founding Year
2007
Phone
(208) 526-7011Principal Officer
Andrew Binder
Main Address
950 W BANNOCK ST PMB 110060 1100, BOISE, ID, 83702
Website
www.ironforidaho.netNTEE Category
Code: W050 - Public benefit
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