Commercial Space Progress Foundation

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

EIN: 453763634 ✦ Las cruces, NM ✦ Designated as a 501(c)(6)

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Overview

What is Commercial Space Progress Foundation?

The Commercial Space Progress Foundation, located in Las Cruces, New Mexico, is a nonprofit organization with a single employee dedicated to promoting and fostering activities, programs, and opportunities related to the commercial space industry. Their mission encompasses providing educational and promotional avenues, aiming to contribute positively to this sector. This foundation serves as a platform for individuals and organizations to engage and collaborate, thereby propelling the growth and development of the commercial space industry.

Is Commercial Space Progress Foundation legitimate?

Commercial Space Progress Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Commercial Space Progress 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: $35,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Commercial Space Progress Foundation?

The Commercial Space Progress Foundation serves a purpose by offering activities, programs, and educational and promotional opportunities related to the commercial space industry. Its mission is geared towards fostering advancements and increased understanding in this sector. The foundation provides platforms for networking, learning, and showcasing the potential of the commercial space industry. Through its initiatives, it aims to engage various stakeholders and contribute to the growth and development of this field.

Who is the CEO of Commercial Space Progress Foundation?

Patricia Hynes is the Ceo And Dire of Commercial Space Progress Foundation. The CEO's salary of Commercial Space Progress Foundation is $35,000 and their total compensation is $35,000.

What is the revenue of Commercial Space Progress Foundation?

Commercial Space Progress Foundation's revenue in 2022 was -$7,289.

Who are the executives of Commercial Space Progress Foundation and what are their salaries?

The average compensation at Commercial Space Progress Foundation during 2022 was $35,000. There is 1 employee and 3 volunteers at Commercial Space Progress Foundation.


Here are 3 key members and their salaries (Commercial Space Progress Foundation's CEO's salary is $35,000 and their total compensation is $35,000):


Patricia Hynes (Ceo And Dire)
  • Compensation: $35,000
  • Related: $0
  • Other: $0
Frederik Jenet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franceska Schroeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Commercial Space Progress Foundation?

Commercial Space Progress Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Commercial Space Progress Foundation

The Commercial Space Progress Foundation is committed to providing a range of activities, programs, and educational and promotional opportunities related to the commercial space industry. Its mission is to serve as a platform for fostering growth and development within this sector, offering various resources and opportunities for engagement. By doing so, the Foundation aims to contribute to the advancement of the commercial space industry as a whole.

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Impact




October, 2024

The Commercial Space Progress Foundation significantly advances the commercial space industry by offering a diverse range of activities, programs, and educational initiatives. Based in Las Cruces, NM, it fosters community engagement and knowledge dissemination regarding space exploration and commercialization. By promoting awareness and providing learning opportunities, the foundation plays a crucial role in inspiring innovation, encouraging public interest, and supporting the growth of the commercial space sector. Its efforts pave the way for new developments, collaborations, and improvements within the industry, ultimately contributing to a vibrant space economy and community enhancement.




This information is meant to be a general summary of Commercial Space Progress 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.

Revenue
-$7,289 (2022)
Expenses
$49,151 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$11,623
  • Program Service Revenue: $4,334
  • Gross Receipts: $66,490

Assets and Liabilities:

  • Total Assets: $407,027
  • Total Liabilities: $8,355
  • Net Assets: $398,672

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Programs

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

DIRECT PUBLIC SUPPORT

Revenue

$4,334

Organization Details

Founding Year

2011

Principal Officer

Patricia Hynes

Main Address

7964 SOLEDAD CANYON COURT, LAS CRUCES, NM, 88011

NTEE Category

Code: S41 - Community improvement

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