Stem Forward Inc

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

EIN: 390854863 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Stem Forward Inc?

Stem Forward Inc, based in Milwaukee, Wisconsin, is a nonprofit organization with a mission to advance engineering and allied arts and sciences. Their primary objective is to promote these fields, support the professional development of individuals interested in them, and encourage their application for community benefits. With a workforce of three employees, Stem Forward Inc focuses on outreach programs to foster careers in engineering and science, aiming to contribute positively to the community.


Official website here: www.stemforward.org

Is Stem Forward Inc legitimate?

Stem Forward Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stem Forward Inc 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: $110,069
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,824

For more financial information, click here


Official website here: www.stemforward.org

What is the mission statement of Stem Forward Inc?

Stem Forward Inc's mission is centered around promoting advancements in engineering, allied arts, and sciences. The organization also focuses on fostering the professional growth of individuals interested in these fields. Furthermore, Stem Forward Inc encourages the application of these disciplines to benefit community interests. In addition to this, the organization undertakes stem outreach initiatives to promote careers and opportunities within engineering and science fields.

In simpler terms, Stem Forward Inc works towards enhancing the field of engineering and sciences, supporting the development of individuals interested in these fields, and leveraging these disciplines to serve the broader community. Through its outreach programs, it aims to inspire interest and provide insights into the various career paths within engineering and science.


Official website here: www.stemforward.org

Who is the CEO of Stem Forward Inc?

Rich Merkel is the President of Stem Forward Inc.


Official website here: www.stemforward.org

What is the revenue of Stem Forward Inc?

Stem Forward Inc's revenue in 2023 was $299,740.


Official website here: www.stemforward.org

Who are the executives of Stem Forward Inc and what are their salaries?

The average compensation at Stem Forward Inc during 2023 was $64,298. There are 3 employees and 315 volunteers at Stem Forward Inc.


Here are 27 key members and their salaries:


Daniel Ark (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Held (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shalini Badhwar (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hensgen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Buchanan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Begale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Burgoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed El-Demerdash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Federle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hamann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Hendricks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Heraly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Larsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rounds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Sternard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Be Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Yeung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Zizzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Stipan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Merkel (Executive Director)
  • Compensation: $102,206
  • Related: $0
  • Other: $0


Official website here: www.stemforward.org

Where can I find the form 990 for Stem Forward Inc?

Stem Forward Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.stemforward.org

Learn more at the official website: www.stemforward.org

Mission Statement of Stem Forward Inc

Stem Forward Inc, a nonprofit organization, is committed to fostering the progression of engineering and related fields, as well as allied arts and sciences. Their primary objective is to encourage the growth and development of individuals interested in these sectors. Furthermore, the organization aims to motivate the application of these disciplines to benefit the wider community interests. By engaging in stem outreach, Stem Forward Inc strives to promote career opportunities and the significance of engineering and scientific professions. Their mission is to cultivate an environment that supports the advancement of these fields and empowers individuals to contribute positively to their communities.

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Impact




October, 2024

Stem Forward Inc significantly impacts the community by fostering advancements in engineering and allied arts and sciences. By promoting professional development for individuals interested in these fields, the organization creates pathways for personal and career growth. Its outreach initiatives raise awareness about various occupations within engineering and science, inspiring the next generation to pursue these vital disciplines. Additionally, the organization encourages the practical application of engineering and scientific expertise to address community needs, thereby enhancing local development and innovation. Through its efforts in Milwaukee, Stem Forward Inc not only cultivates individual skills but also contributes to the overall betterment of the community.




This information is meant to be a general summary of Stem Forward Inc. 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
$299,740 (2023)
Expenses
$292,774 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,048
  • Program Service Revenue: $69,593
  • Gross Receipts: $348,962

Assets and Liabilities:

  • Total Assets: $492,082
  • Total Liabilities: $45,315
  • Net Assets: $446,767

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Programs

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

SPONSORSHIP

Revenue

$59,521

SPECIAL AWARD

Revenue

$8,200

REGISTRATION FEES

Revenue

$1,656

MISCELLANEOUS - PROGRA

Revenue

$216

Organization Details

Founding Year

1905

Principal Officer

Rich Merkel

Main Address

1025 N BROADWAY, MILWAUKEE, WI, 53202

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