Overview
What is Msi Stem Research & Development Consortium?
The Msi Stem Research & Development Consortium is a nonprofit organization situated in Washington D.C., specifically at 1050 Connecticut Avenue NW 500. Their primary mission is to foster and encourage growth in the fields of Science, Technology, Engineering, and Mathematics (STEM) within Minority-Serving Institutions. With a dedicated workforce of 16 individuals, this organization strives to stimulate and promote advancements in STEM, ultimately contributing to the development of these essential fields.
Official website here: www.msrdconsortium.org
What are the reviews and ratings of this charity?
The Msi Stem Research & Development Consortium has received a Four-Star out of Four Star rating from Charity Navigator, boasting a commendable score of 96%. This high rating is based solely on their Accountability & Finance score, reflecting the organization's strong governance, financial health, and transparency practices. Their financial statements are meticulously audited, with an oversight committee ensuring no material diversion of assets and adherence to critical policies such as conflict of interest and whistleblower protections.
The organization's board is entirely independent, which underscores a commitment to unbiased decision-making and governance. This is further complemented by robust practices, including documented board meeting minutes and proactive policies for document retention and destruction. However, the one small gap identified is the missing posting of their tax form on the nonprofit's website, which is the sole factor detracting slightly from their otherwise flawless financial documentation.
While their Accountability & Finance is exemplary, Charity Navigator does not currently score Msi Stem Research & Development Consortium for Impact & Measurement, Culture & Community, or Leadership & Adaptability. This indicates that while financial stewardship is strong, additional insights into the nonprofit's programmatic impact or adaptability might be limited, suggesting areas for future development in transparency and communication. There are no user reviews available from GreatNonprofits to provide additional community perspectives.
This AI summary has been generated from information found on Charity Navigator.
Is Msi Stem Research & Development Consortium legitimate?
Msi Stem Research & Development Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msi Stem Research & Development Consortium 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: $291,796
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,325,540
For more financial information, click here
Official website here: www.msrdconsortium.org
What is the mission statement of Msi Stem Research & Development Consortium?
The Msi Stem Research & Development Consortium's mission is centered around stimulating and promoting progress in the fields of science, technology, engineering, and mathematics (STEM) within minority-serving institutions. By doing so, they aim to foster advancements in these areas, contributing to the overall development of these institutions and the individuals associated with them. Their activities are geared towards encouraging and supporting the growth of STEM education and research in these institutions, thereby broadening the pool of diverse talent in these fields.
Official website here: www.msrdconsortium.org
Who is the CEO of Msi Stem Research & Development Consortium?
Michael J Hester is the President & Ceo of Msi Stem Research & Development Consortium. The CEO's salary of Msi Stem Research & Development Consortium is $291,796 and their total compensation is $291,796.
Official website here: www.msrdconsortium.org
What is the revenue of Msi Stem Research & Development Consortium?
Msi Stem Research & Development Consortium's revenue in 2022 was $11,743,609.
Official website here: www.msrdconsortium.org
Who are the executives of Msi Stem Research & Development Consortium and what are their salaries?
The average compensation at Msi Stem Research & Development Consortium during 2022 was $101,084. There are 16 employees at Msi Stem Research & Development Consortium.
Here are 12 key members and their salaries (Msi Stem Research & Development Consortium's CEO's salary is $291,796 and their total compensation is $291,796):
- Compensation: $291,796
- Related: $0
- Other: $0
- Compensation: $159,455
- Related: $0
- Other: $0
- Compensation: $132,341
- Related: $0
- Other: $0
- Compensation: $120,970
- Related: $0
- Other: $0
- Compensation: $106,668
- Related: $0
- Other: $0
- Compensation: $66,000
- 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.msrdconsortium.org
Where can I find the form 990 for Msi Stem Research & Development Consortium?
Msi Stem Research & Development Consortium's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msrdconsortium.org
Learn more at the official website: www.msrdconsortium.org
Mission Statement of Msi Stem Research & Development Consortium
The Msi Stem Research & Development Consortium is dedicated to fostering and encouraging progress in the realms of Science, Technology, Engineering, and Mathematics (STEM) within Minority-Serving Institutions. This nonprofit organization's primary mission is to stimulate and promote advancements in these STEM fields, aiming to bridge any existing gaps and ensure equal opportunities for all. By doing so, the Msi Stem Research & Development Consortium seeks to empower these institutions and the diverse communities they serve, ultimately contributing to a more inclusive and innovative future in STEM education and research.
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Impact
July, 2024
Msi Stem Research & Development Consortium's impact lies in its efforts to stimulate and promote advancement in the fields of science, technology, engineering, and mathematics in minority-serving institutions. By focusing on these crucial areas, the Consortium is contributing to the development of a more inclusive and diverse workforce in the STEM fields. Through its mission, the Consortium is fostering innovation and excellence in research and education, ultimately helping to create opportunities for underrepresented groups in the STEM community.
This information is meant to be a general summary of Msi Stem Research & Development Consortium. 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: $17
- Gross Receipts: $11,743,609
Assets and Liabilities:
- Total Assets: $11,647,262
- Total Liabilities: $2,138,137
- Net Assets: $9,509,125
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Organization Details
Founding Year
2014
Phone
(202) 684-7953Principal Officer
Michael J Hester
Main Address
1050 Conneticut Avenue NW 500, WASHINGTON, DC, 20036
Website
www.msrdconsortium.orgNTEE Category
Code: U00 - Science research
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