Overview
What is Wisconsin Technology Council Inc?
Wisconsin Technology Council Inc is a nonprofit organization situated in Madison, Wisconsin. With a team of four dedicated individuals, its primary mission is to guide Wisconsin's policy-makers, including the Governor and legislature, as well as state agencies and other institutions, in enhancing the state's tech-based economy. By preparing reports, news releases, surveys, and delivering testimony, the council aims to inform these decision-makers and the public about significant issues affecting the tech sector. The council's core activity is focused on fostering and retaining science and tech-based businesses within Wisconsin.
Official website here: www.wisconsintechnologycouncil.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Wisconsin Technology Council Inc has received a solid rating of 81%, indicative of a commendable level of accountability and financial health. The organization excels in governance, featuring a fully independent board with 98% independent members, ensuring that decision-making is free from conflicts of interest. Their financial practices are also robust, with a program expense ratio of 79.86%, suggesting that a significant portion of funds is directed towards their programs.
Strengths of the organization include comprehensive policies for conflict of interest, whistleblower protections, and documented board meeting minutes, which reflect transparency and adherence to best practices in governance. Additionally, the organization's liabilities to assets ratio of 48.92% indicates a healthy balance sheet, showing that they manage their resources effectively.
However, while the organization has performed well in these areas, prospective donors or stakeholders might want to see further details on program outcomes and impact metrics to gauge the effectiveness of their initiatives. Overall, the Wisconsin Technology Council Inc demonstrates strong financial stewardship and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Wisconsin Technology Council Inc legitimate?
Wisconsin Technology Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Technology Council 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: $248,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,419
For more financial information, click here
Official website here: www.wisconsintechnologycouncil.com
What is the mission statement of Wisconsin Technology Council Inc?
Wisconsin Technology Council Inc's mission is to spearhead the development and retention of science and tech-based businesses in Wisconsin. To achieve this, the organization provides policy guidance to lawmakers, the governor, state agencies, and other institutions. This policy guidance is a key purpose of the Tech Council, and it involves preparing reports, news releases, surveys, testimony, and more to inform policy makers and the public about major issues affecting the tech economy. The Tech Council aims to enhance Wisconsin's tech-based economy by offering insightful advice, thereby fostering a conducive environment for the growth of science and tech businesses in the state.
Official website here: www.wisconsintechnologycouncil.com
Who is the CEO of Wisconsin Technology Council Inc?
Thomas Still is the President of Wisconsin Technology Council Inc.
Official website here: www.wisconsintechnologycouncil.com
What is the revenue of Wisconsin Technology Council Inc?
Wisconsin Technology Council Inc's revenue in 2023 was $872,035.
Official website here: www.wisconsintechnologycouncil.com
Who are the executives of Wisconsin Technology Council Inc and what are their salaries?
The average compensation at Wisconsin Technology Council Inc during 2023 was $98,015. There are 4 employees and 52 volunteers at Wisconsin Technology Council Inc.
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Official website here: www.wisconsintechnologycouncil.com
Where can I find the form 990 for Wisconsin Technology Council Inc?
Wisconsin Technology Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wisconsintechnologycouncil.com
Learn more at the official website: www.wisconsintechnologycouncil.com
Mission Statement of Wisconsin Technology Council Inc
Wisconsin Technology Council Inc plays a significant role in driving the growth and sustainability of science and tech-focused businesses within the state. Their mission, in essence, is to serve as a guiding force, offering policy recommendations to key decision-makers such as governors, legislators, state agencies, and other relevant institutions. By providing thoughtful and insightful policy advice, the Technology Council aims to enhance Wisconsin's tech-centric economy. This task encompasses the creation of reports, news releases, surveys, and delivering testimony, among other methods, to educate these influential figures on the critical issues that impact the tech sector. The Council's ultimate goal is to inform and influence policy decisions that will foster a favorable environment for the development and retention of tech-based enterprises within Wisconsin.
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Impact
July, 2024
Wisconsin Technology Council Inc plays a crucial role in the development and retention of science and tech-based businesses in Wisconsin. Its primary mission is to lead the state in fostering a thriving tech-based economy by providing policy guidance to lawmakers, the governor, state agencies, and other institutions. By preparing reports, news releases, surveys, and testimony, the council informs policymakers and the public about major issues affecting the tech economy. Through these efforts, the organization contributes to the growth of the tech sector in Wisconsin, ultimately leading to economic development and community improvement.
This information is meant to be a general summary of Wisconsin Technology Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $529
- Program Service Revenue: $403,391
- Gross Receipts: $872,035
Assets and Liabilities:
- Total Assets: $403,434
- Total Liabilities: $197,400
- Net Assets: $206,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT SPONSORSHIP
Revenue
$332,803
EVENT REGISTRATION FEE
Revenue
$70,588
Organization Details
Founding Year
2001
Phone
(608) 442-7557Principal Officer
Thomas Still
Main Address
455 SCIENCE DR 240, MADISON, WI, 53711
NTEE Category
Code: S30 - Community improvement
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