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Advanced Materials & Manufacturing Tech Innovation Center Research Foundation

Composite Prototyping Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270685219 ✦ Melville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Advanced Materials & Manufacturing Tech Innovation Center Research Foundation?

The Advanced Materials & Manufacturing Tech Innovation Center Research Foundation, commonly known as the Composite Prototyping Center (CPC), is a nonprofit organization based in Melville, New York. Their mission is to empower small and medium-sized manufacturers by providing them with opportunities to explore new markets requiring composite materials and assist regional manufacturers in producing composite products. The CPC offers a comprehensive range of services, including engineering, process development, product development, inspection, testing, and workforce training and development. This state-of-the-art facility, staffed by leading experts in the field of composites, enables organizations to expand their manufacturing scope and effectively compete in various markets, such as aerospace, automotive, and energy. The CPC serves as a one-stop solution for organizations seeking to design, prototype, test, and train, thereby helping them to cross boundaries and stay competitive in dynamic, expanding marketplaces.


Official website here: www.compositepro.org

Is Advanced Materials & Manufacturing Tech Innovation Center Research Foundation legitimate?

Advanced Materials & Manufacturing Tech Innovation Center Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Materials & Manufacturing Tech Innovation Center Research Foundation 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: $230,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,358

For more financial information, click here


Official website here: www.compositepro.org

What is the mission statement of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation?

The Advanced Materials & Manufacturing Tech Innovation Center Research Foundation, through its Composite Prototyping Center (CPC), aims to provide small and medium-sized manufacturers with the opportunity to enter new markets requiring composite materials. The CPC offers a comprehensive range of services, including engineering, process development, product development, inspection, testing, workforce training, and development. The center, equipped with leading experts in the field of composites, allows organizations to cross boundaries, expand manufacturing scope, and compete effectively in dynamic, expanding marketplaces. The state-of-the-art facility at CPC unites the full gamut of composite services and resources under one roof, enabling organizations to design, prototype, test, and train.


Official website here: www.compositepro.org

Who is the CEO of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation?

Ray Farrell is the Chairman Of The Board of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation.


Official website here: www.compositepro.org

What is the revenue of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation?

Advanced Materials & Manufacturing Tech Innovation Center Research Foundation's revenue in 2022 was $143,957.


Official website here: www.compositepro.org

Who are the executives of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation and what are their salaries?

The average compensation at Advanced Materials & Manufacturing Tech Innovation Center Research Foundation during 2022 was $62,980. There are 4 employees and 8 volunteers at Advanced Materials & Manufacturing Tech Innovation Center Research Foundation.


Here are 10 key members and their salaries:


Ray Farrell (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Shorten (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Bass (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Garone (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Poggi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annmarie Scheidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Livingston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcquillan (Director Of Finance)
  • Compensation: $115,339
  • Related: $0
  • Other: $38,960
Phillip Rugile (Executive Director)
  • Compensation: $115,222
  • Related: $0
  • Other: $26,847


Official website here: www.compositepro.org

Where can I find the form 990 for Advanced Materials & Manufacturing Tech Innovation Center Research Foundation?

Advanced Materials & Manufacturing Tech Innovation Center Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.compositepro.org

Learn more at the official website: www.compositepro.org

Mission Statement of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation

The Advanced Materials & Manufacturing Tech Innovation Center Research Foundation serves as a gateway for small and medium-sized manufacturers, offering them an opportunity to explore new markets that require the use of composite materials. This innovative center, staffed by leading experts in the field of composites, provides a comprehensive range of services. This includes engineering, process development, product development, inspection, testing, workforce training, and development. The facility's state-of-the-art setup empowers organizations to cross boundaries, broaden their manufacturing scope, and effectively compete in dynamic, expanding marketplaces such as aerospace, automotive, energy, infrastructure, transportation, and consumer products. At the Composite Prototyping Center (CPC), all necessary composite services and resources are united under one roof, enabling organizations to design, prototype, test, and train, all in a single location.

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Impact




October, 2024

The Advanced Materials & Manufacturing Tech Innovation Center Research Foundation significantly impacts small and medium-sized manufacturers by providing essential resources, training, and expertise in composite materials. By enabling these manufacturers to enter new markets that utilize composites, the foundation facilitates growth and innovation in sectors such as aerospace, automotive, energy, infrastructure, and consumer products.

At the heart of this initiative is the Composite Prototyping Center (CPC), a state-of-the-art facility staffed by leading experts in composite technologies. The CPC offers a full spectrum of services, including engineering, process development, product creation, inspection, and testing. This comprehensive approach allows regional manufacturers to enhance their capabilities, streamline production processes, and improve product quality.

Additionally, the focus on workforce training and development ensures that local talent is equipped with the necessary skills to thrive in a rapidly evolving manufacturing landscape. By fostering collaboration and bridging the gap between knowledge and application, the foundation helps organizations expand their manufacturing scope and effectively compete in dynamic marketplaces. This holistic support not only strengthens individual companies but also contributes to the overall economic vitality of the region.




This information is meant to be a general summary of Advanced Materials & Manufacturing Tech Innovation Center Research Foundation. 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.

Revenue
$143,957 (2022)
Expenses
$499,738 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $112,655
  • Gross Receipts: $143,957

Assets and Liabilities:

  • Total Assets: $93,382
  • Total Liabilities: $4,481,831
  • Net Assets: -$4,388,449

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROJECT INCOME

Revenue

$112,655

Organization Details

Founding Year

2008

Principal Officer

Ray Farrell

Main Address

575 BROADHOLLOW ROAD, MELVILLE, NY, 11747

NTEE Category

Code: U99 - Science research

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