Overview
What is Missouri Incutech Foundation?
Missouri Incutech Foundation is a nonprofit organization situated in Rolla, Missouri, with a primary focus on stimulating economic growth within the local business sector, particularly manufacturers and high-technology industries. Funded both by the state and federal government, their mission involves supporting these businesses through various development initiatives. With a team of approximately 30 employees, the organization operates under the name Missouri Enterprise and contributes to the local economy by fostering the success of local businesses.
Official website here: www.missourienterprise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Missouri Incutech Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. This score indicates a strong commitment to transparency and responsible financial management, as it is based entirely on a single beacon score focused on accountability and finance.
Key strengths of the organization include a fully independent board of directors, with all members demonstrating ethical governance practices. The foundation also exhibits robust financial oversight, with thorough auditing processes and effective policies for conflict of interest, document retention, and whistleblower protection. Notably, the organization allocates a significant majority of its expenses—over 90%—toward its programs, showcasing its dedication to its mission.
While the overall score highlights the foundation's strengths, it is primarily based on its financial practices. Users looking for insights into the foundation's impact and effectiveness beyond financial metrics may find limited qualitative data available. Nonetheless, the Missouri Incutech Foundation's strong rating underscores its reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Missouri Incutech Foundation?
86% of 12 reviewers on Facebook recommend Missouri Incutech Foundation. Here’s a summary of their reviews:
Sentiments towards the foundation appear mixed, with a notable portion expressing dissatisfaction. One reviewer strongly discouraged engaging with the organization, suggesting potential issues with its services or approach.
Although the majority of reviews do indicate favorability, the stark contrast in opinion highlights areas for improvement. Effective outreach and addressing concerns raised could enhance the nonprofit's reputation and ensure a more positive experience for all participants.
This AI summary has been generated from reviews found on Facebook.
Is Missouri Incutech Foundation legitimate?
Missouri Incutech Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Incutech Foundation 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: $169,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,653,249
For more financial information, click here
Official website here: www.missourienterprise.org
What is the mission statement of Missouri Incutech Foundation?
The Missouri Incutech Foundation is dedicated to promoting economic development for local businesses, with a primary focus on manufacturers and high-technology industries. This is achieved through a state and federal funded program. The organization's mission is to support and foster growth in these sectors, potentially contributing to the overall economic prosperity of the community. By providing resources and assistance, the foundation aims to help these businesses thrive and innovate, thereby creating jobs and stimulating the local economy.
Official website here: www.missourienterprise.org
Who is the CEO of Missouri Incutech Foundation?
Sherry Phelps is the Employee of Missouri Incutech Foundation. The CEO's salary of Missouri Incutech Foundation is $7,283 and their total compensation is $7,283.
Official website here: www.missourienterprise.org
What is the revenue of Missouri Incutech Foundation?
Missouri Incutech Foundation's revenue in 2022 was $4,973,546.
Official website here: www.missourienterprise.org
Who are the executives of Missouri Incutech Foundation and what are their salaries?
The average compensation at Missouri Incutech Foundation during 2022 was $60,753. There are 30 employees and 9 volunteers at Missouri Incutech Foundation.
Here are 16 key members and their salaries (Missouri Incutech Foundation's CEO's salary is $7,283 and their total compensation is $7,283):
- Compensation: $108,374
- Related: $0
- Other: $18,956
- Compensation: $100,866
- Related: $0
- Other: $20,835
- Compensation: $105,521
- Related: $0
- Other: $13,895
- Compensation: $102,578
- Related: $0
- Other: $13,089
- Compensation: $95,893
- Related: $0
- Other: $17,870
- Compensation: $100,619
- Related: $0
- Other: $6,462
- Compensation: $7,283
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.missourienterprise.org
Where can I find the form 990 for Missouri Incutech Foundation?
Missouri Incutech Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.missourienterprise.org
Learn more at the official website: www.missourienterprise.org
Mission Statement of Missouri Incutech Foundation
Missouri Incutech Foundation is a nonprofit organization that is funded both by the state and federal governments. Its primary mission is to foster the economic development of local businesses, with a specific focus on manufacturers and high-technology industries. This mission is achieved through a program that provides financial and strategic support to these businesses, aiming to help them grow and thrive. By investing in these industries, Missouri Incutech Foundation contributes to the overall economic growth of the community it serves.
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Impact
July, 2024
Missouri Incutech Foundation's impact is significant in driving the economic development of local businesses in Missouri, particularly manufacturers and high-technology industries. Through its state and federally funded programs, the foundation plays a crucial role in supporting and fostering growth in these sectors. By providing resources, expertise, and opportunities for innovation, Missouri Incutech Foundation contributes to the advancement of the local business community, ultimately leading to job creation, increased competitiveness, and overall enhancement of the economic landscape in the region.
This information is meant to be a general summary of Missouri Incutech Foundation. 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: $1,735
- Program Service Revenue: $1,296,566
- Gross Receipts: $4,973,546
Assets and Liabilities:
- Total Assets: $1,463,624
- Total Liabilities: $442,808
- Net Assets: $1,020,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS ASSISTANCE
Revenue
$1,277,060
OTHER INCOME
Revenue
$19,506
Organization Details
Founding Year
1983
Phone
(573) 341-0117Principal Officer
Sherry Phelps
Main Address
1426 E STATE ROUTE 72, ROLLA, MO, 654013988
Website
www.missourienterprise.orgNTEE Category
Code: S32Z - Community improvement
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