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Central Texas Angel Network

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

EIN: 300358356 ✦ Austin, TX ✦ Designated as a 501(c)(6)

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Overview

What is Central Texas Angel Network?

Central Texas Angel Network is a nonprofit organization that actively supports the growth of early-stage companies. They have hosted over 25 events and engagements, serving as a platform for accredited investors and entrepreneurs to collaborate and build successful ventures. Their activities extend beyond these events, involving participation in community education panels, mentoring sessions, and other speaking opportunities. The mission of Central Texas Angel Network is to foster an environment that empowers entrepreneurs, providing them with the resources and connections necessary for venture success.


Official website here: www.ctan.com

Is Central Texas Angel Network legitimate?

Central Texas Angel Network is a legitimate nonprofit organization registered as a 501(c)(6) entity. Central Texas Angel Network submitted a form 990EZ, 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: $128,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,406

For more financial information, click here


Official website here: www.ctan.com

What is the mission statement of Central Texas Angel Network?

The Central Texas Angel Network's mission involves hosting numerous events and meetings, primarily aimed at assisting accredited investors and entrepreneurs in establishing and growing successful early-stage companies. They engage in various community education panels, mentoring sessions, and speaking engagements to facilitate this goal. Their activities aim to provide a platform for knowledge sharing and support, ultimately contributing to the success of early-stage businesses.


Official website here: www.ctan.com

What is the revenue of Central Texas Angel Network?

Central Texas Angel Network's revenue in 2024 was $306,410.


Official website here: www.ctan.com

Who are the executives of Central Texas Angel Network and what are their salaries?

The average compensation at Central Texas Angel Network during 2024 was $99,599. There are 2 employees at Central Texas Angel Network.

Here are 8 key members and their salaries:


Gary Forni (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Miesner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Hampton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Gino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Pollinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Russel (Executive Director)
  • Compensation: $128,792
  • Related: $0
  • Other: $0


Official website here: www.ctan.com

Where can I find the form 990 for Central Texas Angel Network?

Central Texas Angel Network's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ctan.com

Learn more at the official website: www.ctan.com

Mission Statement of Central Texas Angel Network

Central Texas Angel Network, in its mission, focuses on bringing together accredited investors and entrepreneurs with the goal of fostering the growth of successful early-stage companies. The organization accomplishes this by hosting numerous events and meetings, serving as a platform for networking and knowledge sharing. In addition to these events, Central Texas Angel Network also participates in community education panels, mentoring sessions, and other speaking engagements, providing valuable insights and guidance to those involved. By doing so, the network plays a crucial role in helping entrepreneurs build and develop their businesses, ultimately contributing to a thriving and innovative business ecosystem.

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Impact




October, 2024

Central Texas Angel Network has made a significant impact by hosting over 25 events and meetings aimed at empowering accredited investors and entrepreneurs to develop successful early-stage companies. Their efforts include participating in community education panels, mentoring sessions, and various speaking engagements, fostering a collaborative environment that enhances knowledge and skills essential for startup growth. By actively engaging the local community, they contribute to the overall improvement of the entrepreneurial landscape in Central Texas, creating opportunities for innovation and economic development.




This information is meant to be a general summary of Central Texas Angel 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.

Revenue
$306,410 (2024)
Expenses
$427,782 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $10,829
  • Program Service Revenue: $295,581
  • Gross Receipts: $306,410

Assets and Liabilities:

  • Total Assets: $315,291
  • Total Liabilities: $0
  • Net Assets: $315,291

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Programs

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

MEMBERSHIP DUES

Revenue

$179,454

ENTREPRENEUR FEES

Revenue

$116,127

Organization Details

Principal Officer

Gary Forni

NTEE Category

Code: S40 - Community improvement

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