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Fuzehub Inc

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

EIN: 463122950 ✦ Albany, NY ✦ Designated as a 501(c)(4)

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Overview

What is Fuzehub Inc?

Fuzehub Inc, located in Albany, New York, serves as a unifying platform for various public and private sector entities. This nonprofit organization specializes in integrating technology, industry, and commercialization services, experts, and partners to assist small and medium-sized manufacturing companies in New York. The primary mission of Fuzehub is to facilitate better connections between these companies and the resources, programs, and expertise they require for technological commercialization, innovative solutions, and business growth. With a team of 12 dedicated individuals, Fuzehub is committed to fostering a conducive environment for the advancement and growth of the manufacturing sector in New York.


Official website here: www.fuzehub.com

What do the Facebook reviews say about Fuzehub Inc?

100% of 7 reviewers on Facebook recommend FuzeHub Inc. Here is a summary of their reviews:

Reviewers commend FuzeHub for providing valuable and relevant content related to New York State manufacturing and fostering connections between universities and industries. This focus on meaningful information has been appreciated by the community, highlighting FuzeHub's effective role in supporting local manufacturing initiatives.

Overall, the sentiment is overwhelmingly positive, with users expressing satisfaction with the resources and support offered by FuzeHub. The nonprofit clearly resonates with its audience, delivering on its commitment to enhance awareness and collaboration in the manufacturing sector.


This AI summary has been generated from reviews found on Facebook.

Is Fuzehub Inc legitimate?

Fuzehub Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fuzehub 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: $159,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $507,277

For more financial information, click here


Official website here: www.fuzehub.com

What is the mission statement of Fuzehub Inc?

Fuzehub Inc's mission is centered around connecting small and medium-sized manufacturing companies with the necessary resources, programs, and expertise required for technology commercialization, innovative solutions, and business growth. By uniting and integrating a broad network of multi-disciplinary public and private sector technology, industry, and commercialization services, experts, and partners, Fuzehub aims to facilitate the success of these companies, thereby contributing to the overall technological advancement and economic growth.


Official website here: www.fuzehub.com

Who is the CEO of Fuzehub Inc?

Elena Garuc is the Board Member of Fuzehub Inc.


Official website here: www.fuzehub.com

What is the revenue of Fuzehub Inc?

Fuzehub Inc's revenue in 2022 was $3,064,438.


Official website here: www.fuzehub.com

Who are the executives of Fuzehub Inc and what are their salaries?

The average compensation at Fuzehub Inc during 2022 was $55,580. There are 12 employees at Fuzehub Inc.


Here are 6 key members and their salaries:


Ryan Silva (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fatin Haddad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin O'Leary (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Ploof (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Santokh Badesha (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena Garuc (Executive Director)
  • Compensation: $141,721
  • Related: $0
  • Other: $17,961


Official website here: www.fuzehub.com

Where can I find the form 990 for Fuzehub Inc?

Fuzehub Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fuzehub.com

Learn more at the official website: www.fuzehub.com

Mission Statement of Fuzehub Inc

Fuzehub Inc, a nonprofit organization, is dedicated to bridging the gap between New York's small and medium-sized manufacturing companies and the resources, programs, and expertise necessary for technology commercialization, innovative solutions, and business growth. The organization's mission is to unite and integrate a broad network of multi-disciplinary public and private sector technology, industry, and commercialization services, experts, and partners. By doing so, Fuzehub Inc aims to facilitate the success and expansion of these manufacturing companies, ultimately contributing to the overall growth and development of the industry.

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Impact




October, 2024

Fuzehub Inc significantly enhances the landscape for small and mid-sized manufacturing companies in New York by facilitating essential connections to vital resources, programs, and expertise. Its commitment to technology commercialization and innovative solutions empowers manufacturers to navigate complex challenges and seize growth opportunities. By uniting a diverse network of public and private sector partners, Fuzehub integrates various services and expertise, fostering an environment conducive to business development and technological advancement. Through its efforts, Fuzehub not only supports the growth of individual companies but also contributes to the broader economic vitality of the region. The organization's focus on community improvement further amplifies its impact, as it drives collaboration and innovation that benefit the manufacturing sector as a whole.




This information is meant to be a general summary of Fuzehub 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
$3,064,438 (2022)
Expenses
$3,210,986 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $267,360
  • Gross Receipts: $3,064,438

Assets and Liabilities:

  • Total Assets: $3,262,411
  • Total Liabilities: $160,379
  • Net Assets: $3,102,032

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Programs

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

PROJECT AND EVENT REVE

Revenue

$267,360

Organization Details

Founding Year

2014

Principal Officer

Elena Garuc

Main Address

25 MONROE STREET 201, ALBANY, NY, 12210

NTEE Category

Code: S30 - Community improvement

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