Overview
What is Tech Belt Energy Innovation Center?
The Tech Belt Energy Innovation Center, identified as BRITE Energy Innovators, is a nonprofit organization situated in Warren, Ohio. The primary mission of this organization is to foster the commercialization and development of early-stage energy technologies, contributing to the transition towards a clean energy economy. As an innovation-focused ecosystem, BRITE Energy Innovators plays a crucial role in advancing sustainable energy solutions. The organization's work is centered around promoting clean energy technology, ensuring that the sector continues to thrive and evolve.
Official website here: www.brite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Stars
The Tech Belt Energy Innovation Center has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This score is entirely derived from the organization's accountability and finance metrics, showcasing its commitment to transparency and responsible financial management.
The center has demonstrated exceptional governance practices, with a fully independent board and a comprehensive set of policies that ensure ethical operations. Notably, it scored perfectly in areas such as the oversight of financial statements, conflict of interest policies, and the maintenance of proper documentation, which all contribute to its credibility and reliability as a nonprofit organization.
While the financial ratios indicate solid performance, including a high program expense ratio of 77.38% and low fundraising efficiency costs, the organization is well-positioned for future growth and sustainability. These strengths highlight its effective use of resources to fulfill its mission, although ongoing vigilance in financial oversight will be crucial to maintain these high standards.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tech Belt Energy Innovation Center?
While there are only a couple of reviews available for the Tech Belt Energy Innovation Center, the sentiment is distinctly positive. One reviewer expresses approval, highlighting that the organization is performing well and suggests a bright future ahead, illustrated with a playful tone referencing sunglasses.
Although the comments are minimal and somewhat vague, the enthusiasm in the language indicates a level of satisfaction with the direction the nonprofit is taking. Overall, there appears to be optimism regarding the impact and effectiveness of the initiatives at the Tech Belt Energy Innovation Center.
This AI summary has been generated from reviews found on Facebook.
Is Tech Belt Energy Innovation Center legitimate?
Tech Belt Energy Innovation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tech Belt Energy Innovation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $241,292
Professional Fundraising Fees: $56,578
Other Salaries and Wages: $429,982
For more financial information, click here
Official website here: www.brite.org
What is the mission statement of Tech Belt Energy Innovation Center?
The Tech Belt Energy Innovation Center, often referred to as BRITE, operates as an innovation-driven ecosystem. Its primary mission is to facilitate the transition towards a clean energy economy. This is achieved by focusing on the commercialization and development of early-stage energy technologies. By doing so, the center aims to contribute significantly to the advancement of clean energy solutions.
Official website here: www.brite.org
Who is the CEO of Tech Belt Energy Innovation Center?
Rick Stockburger is the Ceo & President of Tech Belt Energy Innovation Center. The CEO's salary of Tech Belt Energy Innovation Center is $119,760 and their total compensation is $142,649.
Official website here: www.brite.org
What is the revenue of Tech Belt Energy Innovation Center?
Tech Belt Energy Innovation Center's revenue in 2022 was $2,228,427.
Official website here: www.brite.org
Who are the executives of Tech Belt Energy Innovation Center and what are their salaries?
There 7 volunteers at Tech Belt Energy Innovation Center.
Here are 16 key members and their salaries (Tech Belt Energy Innovation Center's CEO's salary is $119,760 and their total compensation is $142,649):
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- Compensation: $119,760
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- Other: $9,927
Official website here: www.brite.org
Where can I find the form 990 for Tech Belt Energy Innovation Center?
Tech Belt Energy Innovation Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brite.org
Learn more at the official website: www.brite.org
Mission Statement of Tech Belt Energy Innovation Center
The Tech Belt Energy Innovation Center, often referred to as BRITE, serves as an innovation-focused ecosystem, playing a pivotal role in facilitating the shift towards a clean energy economy. Its mission is to commercialize and develop early-stage energy technologies. By fostering an innovation-centric environment, BRITE plays a significant role in advancing the transition to a sustainable energy future.
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Impact
October, 2024
The Tech Belt Energy Innovation Center (BRITE) plays a significant role in advancing the transition to a clean energy economy. By fostering an innovation-first ecosystem, BRITE focuses on the commercialization and development of early-stage energy technologies. This approach not only accelerates the growth of clean energy solutions but also contributes to community improvement in Warren, Ohio, and the surrounding areas.
BRITE serves as a catalyst for collaboration among entrepreneurs, researchers, and industry stakeholders, facilitating the exchange of ideas and resources needed to bring innovative energy technologies to market. Through its initiatives, BRITE helps create jobs, attract investment, and enhance the region's overall economic vitality while addressing critical environmental concerns associated with energy production and consumption.
Overall, the impact of BRITE extends beyond energy innovation; it strengthens local communities by promoting sustainable practices and supporting the development of a workforce skilled in emerging clean energy technologies.
This information is meant to be a general summary of Tech Belt Energy Innovation 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 2022.
- Investment Income: $21
- Program Service Revenue: $371,807
- Gross Receipts: $2,231,795
Assets and Liabilities:
- Total Assets: $4,246,321
- Total Liabilities: $891,516
- Net Assets: $3,354,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$257,780
RENTAL INCOME
Revenue
$114,027
Organization Details
Founding Year
2011
Phone
(330) 395-3500Principal Officer
Rick Stockburger
Main Address
125 W MARKET ST, WARREN, OH, 44481
Website
www.brite.orgNTEE Category
Code: S30 - Community improvement
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