Overview
What is Element 8?
Element 8 is a nonprofit organization based in Seattle, Washington, with a postal address. Its primary mission is to enhance conditions for clean technology businesses in the Pacific Northwest, supporting entrepreneurial endeavors that aim to create new jobs and stimulate the regional economy. The organization has grown its Impact Investor Membership, reaching 135 members, both within the United States and internationally. Element 8 conducts monthly meetings to review early-stage climate tech deals and offers educational and networking events, contributing to its stewardship role in the cleantech sector. The organization boasts a small workforce of two individuals.
Official website here: www.e8angels.com
Is Element 8 legitimate?
Element 8 is a legitimate nonprofit organization registered as a 501(c)(6) entity. Element 8 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.e8angels.com
What is the mission statement of Element 8?
Element 8's mission is centered around improving conditions for clean technology businesses and supporting entrepreneurs in the Pacific Northwest. Their primary goal is to help these entrepreneurs build robust businesses, which in turn, create new job opportunities and stimulate the regional economy. The organization actively engages in stewardship activities, such as reviewing early-stage clean tech deals and hosting educational and networking events, to foster growth within its member base. As a result, Element 8 expanded its Impact Investor membership to 135 members, expanding beyond the United States.
Official website here: www.e8angels.com
What is the revenue of Element 8?
Element 8's revenue in 2024 was $403,008.
Official website here: www.e8angels.com
Who are the executives of Element 8 and what are their salaries?
The average compensation at Element 8 during 2024 was $87,080. There are 3 employees at Element 8.
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Official website here: www.e8angels.com
Where can I find the form 990 for Element 8?
Element 8's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.e8angels.com
Learn more at the official website: www.e8angels.com
Mission Statement of Element 8
Element 8, an organization, is dedicated to enhancing the circumstances for cleantech businesses in the Pacific Northwest. Its primary mission is to foster and support entrepreneurs in establishing robust businesses that will generate new employment opportunities and stimulate the region's economy. By engaging in this mission, Element 8 aims to contribute significantly to the growth and development of the cleantech sector, ultimately leading to a more sustainable and prosperous future. The organization achieves this by expanding its E8 Impact Investor membership, currently at 135 members, which includes individuals from across the United States and beyond. Through regular meetings to review early-stage climate tech deals and a variety of educational and networking events, Element 8 provides valuable resources and opportunities for its members, playing a crucial role in the success of cleantech businesses in the region.
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Impact
October, 2024
Element 8 has a significant impact on the growth and development of cleantech businesses in the Pacific Northwest. By focusing on enhancing conditions for these enterprises, Element 8 supports entrepreneurs in building robust businesses that not only create new jobs but also stimulate the local economy. The organization has successfully expanded its impact investor membership, growing from 121 to 135 members, which reflects an increasing interest in supporting cleantech initiatives.
Through monthly meetings, Element 8 reviews early-stage climatetech deals, providing valuable feedback and connections for entrepreneurs. Additionally, their educational and networking events foster a collaborative environment, empowering businesses to innovate and thrive. The emphasis on community improvement enhances the region's overall economic landscape, positioning the Pacific Northwest as a key player in the cleantech sector.
This information is meant to be a general summary of Element 8. 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 2024.
- Investment Income: $813
- Gross Receipts: $405,152
Assets and Liabilities:
- Total Assets: $128,590
- Total Liabilities: $4,885
- Net Assets: $123,705
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Organization Details
Founding Year
2007
Principal Officer
Adam Robinson
Website
www.e8angels.comNTEE Category
Code: S41 - Community improvement
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