Overview
What is Research And Technology Institute Of West Michigan?
Research and Technology Institute of West Michigan is a nonprofit organization dedicated to utilizing local technical talent to support the manufacturing industry in the West Michigan region. They offer technical assistance to local firms, aiming to strengthen the industrial base. Recently, the institute introduced a community transformation fund. This innovative initiative is designed to promote ethnic and racial diversity in business ownership. The primary focus is on businesses that aim to establish multi-generational wealth within West Michigan.
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Is Research And Technology Institute Of West Michigan legitimate?
Research And Technology Institute Of West Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Research And Technology Institute Of West Michigan 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.
Official website here: www.rightplace.org
What is the mission statement of Research And Technology Institute Of West Michigan?
The Research and Technology Institute of West Michigan's mission is centered around utilizing local technical talent to support the industrial sector in the region. They strive to provide technical assistance to manufacturing firms, aiming to enhance their operations. The institution has launched an initiative called the community transformation fund. This fund is designed to invest resources in promoting ethnic and racial diversity in business ownership, with a focus on enterprises that aim to establish multi-generational wealth within West Michigan.
Official website here: www.rightplace.org
Who is the CEO of Research And Technology Institute Of West Michigan?
Randy Thelen is the President of Research And Technology Institute Of West Michigan.
Official website here: www.rightplace.org
What is the revenue of Research And Technology Institute Of West Michigan?
Research And Technology Institute Of West Michigan's revenue in 2022 was $0.
Official website here: www.rightplace.org
Who are the executives of Research And Technology Institute Of West Michigan and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.rightplace.org
Where can I find the form 990EZ for Research And Technology Institute Of West Michigan?
Research And Technology Institute Of West Michigan's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.rightplace.org
Learn more at the official website: www.rightplace.org
Mission Statement of Research And Technology Institute Of West Michigan
Research and Technology Institute of West Michigan is dedicated to leveraging local technical expertise to bolster the industrial sector in its region. This nonprofit organization's mission is to offer technical assistance to manufacturing firms situated in West Michigan. To further its impact, the institute has introduced a community transformation fund. This fund aims to foster ethnic and racial diversity in business ownership within West Michigan, with a focus on enterprises that aim to establish multi-generational wealth creation in the area.
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Impact
October, 2024
The Research and Technology Institute of West Michigan significantly enhances the industrial capacity of the region by connecting local technical talent with manufacturing firms, ensuring that skilled professionals contribute directly to the growth and innovation of the local economy. Through its technical assistance programs, the institute plays a vital role in optimizing manufacturing processes, which can lead to increased productivity and competitiveness for businesses.
In addition, the institute's newly launched community transformation fund demonstrates a commitment to fostering a more inclusive business landscape. By focusing on increasing ethnic and racial diversity in business ownership, the institute not only empowers underrepresented communities but also enhances the overall economic resilience of West Michigan. This initiative aims to promote multi-generational wealth creation, laying the groundwork for sustainable economic development.
Overall, the Research and Technology Institute of West Michigan serves as a catalyst for both technical advancement and social equity, driving progress in manufacturing while promoting diversity and inclusion within the business ecosystem.
This information is meant to be a general summary of Research And Technology Institute Of West Michigan. 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.
Assets and Liabilities:
- Total Assets: $30,326
- Total Liabilities: $2,172
- Net Assets: $28,154
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Organization Details
Phone
(616) 771-0325Principal Officer
Randy Thelen
Main Address
125 OTTAWA AVE NW STE 450, GRAND RAPIDS, MI, 49503
Website
www.rightplace.orgNTEE Category
Code: U40 - Science research
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