Overview
What is State Science & Technology Institute?
State Science & Technology Institute is a nonprofit organization committed to fostering technological advancements and economic growth. They specialize in education, research, and hosting conferences, contributing significantly to tech-driven development. Their services extend to a weekly publication that is accessible for free, providing valuable insights and resources. The institute's mission is to catalyze innovation and progress through knowledge sharing and collaborative endeavors in the scientific and technological sectors.
Official website here: www.ssti.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The State Science & Technology Institute has received an overall rating of 84%, indicating a solid performance in the areas of accountability and finance. The charity is particularly strong in governance, boasting a fully independent board and robust financial oversight measures, resulting in high scores for independent board members and audit committee effectiveness.
Despite these strengths, the organization has notable limitations in its policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have negatively impacted its overall accountability score. Additionally, the absence of the tax form on its website may hinder transparency regarding financial practices.
The program expense ratio is exceptionally high at 96.02%, suggesting that the majority of its funding is directed toward its programs rather than administrative costs. This focus on program spending is a positive indicator for potential donors who prioritize efficiency and impact in nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is State Science & Technology Institute legitimate?
State Science & Technology Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. State Science & Technology Institute 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: $322,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,454
For more financial information, click here
Official website here: www.ssti.org
What is the mission statement of State Science & Technology Institute?
The State Science & Technology Institute is dedicated to promoting education, research, and conferences that contribute to technological advancements for economic development. They achieve this by offering a free weekly publication. The institute's mission is centered around fostering growth in the tech sector through educational resources and research initiatives.
Official website here: www.ssti.org
Who is the CEO of State Science & Technology Institute?
Daniel R Berglund is the Chairman Of The Board of State Science & Technology Institute. The CEO's salary of State Science & Technology Institute is $150,000 and their total compensation is $163,050.
Official website here: www.ssti.org
What is the revenue of State Science & Technology Institute?
State Science & Technology Institute's revenue in 2022 was $1,750,815.
Official website here: www.ssti.org
Who are the executives of State Science & Technology Institute and what are their salaries?
The average compensation at State Science & Technology Institute during 2022 was $54,593. There are 14 employees at State Science & Technology Institute.
Here are 10 key members and their salaries (State Science & Technology Institute's CEO's salary is $150,000 and their total compensation is $163,050):
- Compensation: $5,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $150,000
- Related: $0
- Other: $13,050
- Compensation: $140,231
- Related: $0
- Other: $14,563
Official website here: www.ssti.org
Where can I find the form 990 for State Science & Technology Institute?
State Science & Technology Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssti.org
Learn more at the official website: www.ssti.org
Mission Statement of State Science & Technology Institute
The State Science & Technology Institute is committed to promoting education, research, and conferences in the field of technology-driven economic development. This nonprofit organization provides a free weekly publication as part of its mission, aiming to contribute to the advancement of technological sectors and stimulate economic growth. By offering educational resources and conducting research, the State Science & Technology Institute seeks to foster innovation and drive progress in technology-based industries.
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Impact
October, 2024
The State Science & Technology Institute (SSTI) plays a crucial role in fostering tech-based economic development through its focus on education and research. By hosting conferences and providing access to a wealth of information, SSTI equips policymakers, practitioners, and stakeholders with the insights needed to enhance science and technology initiatives across the nation.
One of its significant contributions is the free weekly publication that disseminates vital updates, trends, and best practices in the field, keeping its audience informed about the latest developments and opportunities in tech-based economic strategies. This resource is invaluable for those involved in science research and economic development, ensuring that they have access to current data and research findings that can inform decision-making.
Through its activities, SSTI supports the growth of innovation ecosystems, encouraging collaboration between different sectors and driving forward initiatives that bolster economic growth through technological advancements. Overall, SSTI's impact is felt across multiple layers of economic development, helping to establish a more robust foundation for future technological progress and competitiveness in the marketplace.
This information is meant to be a general summary of State Science & Technology Institute. 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: $5,152
- Program Service Revenue: $1,348,757
- Gross Receipts: $1,750,815
Assets and Liabilities:
- Total Assets: $897,964
- Total Liabilities: $316,289
- Net Assets: $581,675
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COOP AGREEMENTS
Revenue
$888,928
CONFERENCE FEES
Revenue
$275,829
FEDERAL EDUCATION
Revenue
$184,000
Organization Details
Founding Year
1995
Phone
(614) 901-1690Principal Officer
Daniel R Berglund
Main Address
1391 W 5TH AVENUE 323, COLUMBUS, OH, 43212
Website
www.ssti.orgNTEE Category
Code: U99 - Science research
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