Overview
What is Defense Energy Center Of Excellence National Security Technology?
Defense Energy Center Of Excellence National Security Technology, headquartered at 2221 South Clark Street, Arlington, VA, is a government entity that manages Other Transaction Authorities (OTAs). These special acquisition vehicles, primarily used by the Department of Defense (DOD), enable testing and acquisition of new technologies. By utilizing OTAs, the DOD can bypass lengthy bureaucratic processes and quickly adopt innovative solutions. With a workforce of approximately 31 individuals, Defense Energy Center Of Excellence National Security Technology plays a crucial role in advancing technological capabilities for national security.
Is Defense Energy Center Of Excellence National Security Technology legitimate?
Defense Energy Center Of Excellence National Security Technology is a legitimate nonprofit organization registered as a 501(c)(6) entity. Defense Energy Center Of Excellence National Security Technology 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: $76,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $763,753
For more financial information, click here
What is the mission statement of Defense Energy Center Of Excellence National Security Technology?
The Defense Energy Center of Excellence National Security Technology manages Other Transaction Authorities (OTAs), which function as special acquisition vehicles for government entities, particularly the Department of Defense (DOD). These OTAs facilitate the testing and acquisition of new technologies, enabling the DOD to bypass time-consuming bureaucratic processes. In simpler terms, this organization serves as a catalyst, expediting the procurement of groundbreaking technologies for the defense sector. By utilizing OTAs, the DOD can streamline the process of experimenting with and acquiring advanced technologies, ensuring a competitive edge in the ever-evolving technological landscape.
Who is the CEO of Defense Energy Center Of Excellence National Security Technology?
Tim Greeff is the CEO of Defense Energy Center Of Excellence National Security Technology The CEO's salary of Defense Energy Center Of Excellence National Security Technology is $72,828 and their total compensation is $76,187.
What is the revenue of Defense Energy Center Of Excellence National Security Technology?
Defense Energy Center Of Excellence National Security Technology's revenue in 2022 was $52,161,881.
Who are the executives of Defense Energy Center Of Excellence National Security Technology and what are their salaries?
The average compensation at Defense Energy Center Of Excellence National Security Technology during 2022 was $27,095. There are 31 employees and 2 volunteers at Defense Energy Center Of Excellence National Security Technology.
Here are 3 key members and their salaries (Defense Energy Center Of Excellence National Security Technology's CEO's salary is $72,828 and their total compensation is $76,187):
- Compensation: $72,828
- Related: $0
- Other: $3,359
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Defense Energy Center Of Excellence National Security Technology?
Defense Energy Center Of Excellence National Security Technology's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Defense Energy Center Of Excellence National Security Technology
Defense Energy Center of Excellence National Security Technology (DE CENTech) plays a crucial role in facilitating the acquisition of new technologies by the Department of Defense (DOD), by managing Other Transaction Authorities (OTAs). These OTAs function as special acquisition vehicles, enabling government entities, specifically the DOD, to bypass the conventional bureaucratic process and test new technologies expeditiously. By streamlining the acquisition process, DE CENTech empowers the DOD to innovate and respond to emerging threats more effectively. Additionally, DE CENTech's mission encompasses managing these OTAs, allowing the DOD to bypass time-consuming bureaucracy and pave the way for the integration of groundbreaking technologies into their operations.
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Impact
October, 2024
The Defense Energy Center of Excellence National Security Technology significantly impacts the Department of Defense (DoD) by facilitating the rapid testing and acquisition of new technologies. By managing Other Transaction Authorities (OTAs), the Center enables government entities to circumvent conventional bureaucratic processes that often impede innovation and efficiency. This streamlined approach fosters an environment where cutting-edge technologies can be quickly evaluated and integrated into defense operations. Consequently, the DoD can enhance its capabilities and responsiveness to emerging security challenges, ultimately strengthening national security. The Center's role in managing these special acquisition vehicles not only accelerates technological advancement but also promotes collaboration between the government and private sector, ensuring mutual benefit and progress in defense capabilities.
This information is meant to be a general summary of Defense Energy Center Of Excellence National Security Technology. 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: $4,498
- Program Service Revenue: $51,870,203
- Gross Receipts: $52,161,881
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$47,428,095
TREX PROTOTYPE
Revenue
$4,442,108
Organization Details
Founding Year
2014
Principal Officer
Erik Olbeter
NTEE Category
Code: Y99 - Mutual benefit
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