Overview
What is Upstate Venture Connect Corporation?
Upstate Venture Connect Corporation is a nonprofit organization situated in Little Falls, New York, with three employees. Their primary mission is to foster the development and expansion of Upstate New York's technological economy. They achieve this by accelerating the creation and growth of knowledge-based businesses backed by private investor capital, promoting collaboration among various entities within the state, and facilitating connections among residents and alumni within the tech sector. In essence, Upstate Venture Connect serves as a bridge, connecting high-growth startup founders with the necessary resources and people to help their ventures thrive.
Official website here: www.uvc.org
Is Upstate Venture Connect Corporation legitimate?
Upstate Venture Connect Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upstate Venture Connect Corporation 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,800
For more financial information, click here
Official website here: www.uvc.org
What is the mission statement of Upstate Venture Connect Corporation?
Upstate Venture Connect Corporation is an entrepreneur-led non-profit organization with a mission to foster a regional startup community. Its primary objective is to connect high-growth company founders with the necessary resources and people to ensure their success. The corporation is committed to accelerating the growth of knowledge-based businesses in New York, utilizing private investor capital. Furthermore, Upstate Venture Connect promotes collaboration within the state and encourages connections among the local tech community, including residents and alumni.
Official website here: www.uvc.org
Who is the CEO of Upstate Venture Connect Corporation?
Martin Babinec is the Chairman of Upstate Venture Connect Corporation. The CEO's salary of Upstate Venture Connect Corporation is $100,000 and their total compensation is $100,000.
Official website here: www.uvc.org
What is the revenue of Upstate Venture Connect Corporation?
Upstate Venture Connect Corporation's revenue in 2022 was $391,537.
Official website here: www.uvc.org
Who are the executives of Upstate Venture Connect Corporation and what are their salaries?
The average compensation at Upstate Venture Connect Corporation during 2022 was $57,267. There are 3 employees at Upstate Venture Connect Corporation.
Here are 9 key members and their salaries (Upstate Venture Connect Corporation's CEO's salary is $100,000 and their total compensation is $100,000):
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- Compensation: $100,000
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Official website here: www.uvc.org
Where can I find the form 990 for Upstate Venture Connect Corporation?
Upstate Venture Connect Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uvc.org
Learn more at the official website: www.uvc.org
Mission Statement of Upstate Venture Connect Corporation
Upstate Venture Connect Corporation, as an entrepreneur-led nonprofit, is committed to building a robust startup community across the region. Its mission is centered around accelerating the growth of knowledge-based businesses in Upstate New York, primarily driven by private investor capital. The corporation promotes collaboration among various entities within the state, aiming to foster a connected tech ecosystem. Additionally, Upstate Venture Connect serves as a platform for connecting high-growth company founders with the necessary people and resources required for their success.
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Impact
October, 2024
Upstate Venture Connect Corporation plays a pivotal role in accelerating the growth of Upstate New York's technological economy. By fostering the creation and development of knowledge-based businesses, the organization leverages private investor capital to fuel innovation and entrepreneurship. It facilitates collaboration across New York, bringing together entrepreneurs, investors, and community members to build a vibrant startup ecosystem.
Through various seminars and networking events, Upstate Venture Connect actively promotes connections among high-growth company founders and the essential resources they need to succeed. This approach not only enhances individual businesses but also strengthens the overall tech economy in the region. By focusing on community improvement and engagement, Upstate Venture Connect contributes significantly to the development of a supportive startup environment, encouraging both residents and alumni to participate in and benefit from the technological advancement in Upstate New York.
This information is meant to be a general summary of Upstate Venture Connect Corporation. 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.
- Program Service Revenue: $46,895
- Gross Receipts: $391,537
Assets and Liabilities:
- Total Assets: $139,391
- Total Liabilities: $4,485
- Net Assets: $134,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference
Revenue
$46,895
Organization Details
Founding Year
2010
Phone
(315) 823-2682Principal Officer
Martin Babinec
Main Address
28 Waverly Place, Little Falls, NY, 13365
Website
www.uvc.orgNTEE Category
Code: S19 - Community improvement
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