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Emerging Technology Centers Inc

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

EIN: 521732432 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Emerging Technology Centers Inc?

Emerging Technology Centers Inc, located at 101 N Haven St 301, Baltimore, MD 21224, is a nonprofit organization that plays a pivotal role in supporting and nurturing businesses. They operate a business incubator site, providing a platform for the development of tech-driven enterprises within the site. Moreover, the organization actively encourages new businesses to establish themselves in the central Maryland region. Emerging Technology Centers Inc's mission is to foster a vibrant community of innovative and entrepreneurial individuals, promoting creative collaboration and collaborative growth. Their ultimate goal is to make a significant economic impact on Baltimore and extend its positive influence beyond the city limits.


Official website here: www.etcbaltimore.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Emerging Technology Centers Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization scored 96% in its overall assessment based solely on its Accountability & Finance metrics, indicating a high level of transparency and responsible financial practices.

The nonprofit's strengths include a majority independent board, with 77% of members meeting this criterion, and a commendable program expense ratio of 75.25%, demonstrating its focus on mission-related activities. Additionally, the organization has established essential policies such as conflict of interest and whistleblower protections, enhancing its governance framework.

No significant limitations were noted in the available data, suggesting that Emerging Technology Centers Inc maintains a solid operational foundation with no material diversions of assets. Overall, this nonprofit appears to be a reliable choice for donors seeking to support a well-managed organization.


This AI summary has been generated from information found on Charity Navigator.

Is Emerging Technology Centers Inc legitimate?

Emerging Technology Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerging Technology Centers 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: $125,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,205

For more financial information, click here


Official website here: www.etcbaltimore.com

What is the mission statement of Emerging Technology Centers Inc?

Emerging Technology Centers Inc's mission is centered around fostering a dynamic community of innovative and entrepreneurial individuals. This community is driven by a desire for creative collaboration, aiming to accelerate the growth potential of its members. The organization's ultimate goal is to make a significant economic impact, going beyond the local city limits. To achieve this, Emerging Technology Centers Inc operates a business incubator and supports the development of businesses within the site, encouraging new businesses to establish themselves in the central Maryland region.


Official website here: www.etcbaltimore.com

Who is the CEO of Emerging Technology Centers Inc?

Kimberly Clark is the Former Ceo of Emerging Technology Centers Inc. The CEO's salary of Emerging Technology Centers Inc is $0 and their total compensation is $156,932.


Official website here: www.etcbaltimore.com

What is the revenue of Emerging Technology Centers Inc?

Emerging Technology Centers Inc's revenue in 2022 was $1,063,533.


Official website here: www.etcbaltimore.com

Who are the executives of Emerging Technology Centers Inc and what are their salaries?

There 38 volunteers at Emerging Technology Centers Inc.


Here are 11 key members and their salaries (Emerging Technology Centers Inc's CEO's salary is $0 and their total compensation is $156,932):


Deborah Tillett (Former Ceo)
  • Compensation: $0
  • Related: $124,866
  • Other: $32,066
Daniel Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Pillas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Petit-Homme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Herber (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Brooks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Leffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Roth Falzon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Clark (Acting Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Mcquighan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.etcbaltimore.com

Where can I find the form 990 for Emerging Technology Centers Inc?

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


Official website here: www.etcbaltimore.com

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

Mission Statement of Emerging Technology Centers Inc

Emerging Technology Centers Inc is committed to establishing a transformative community that nurtures technologically proficient, innovative, and entrepreneurial individuals. The primary objective of this nonprofit organization is to provide a platform for creative collaboration, aiming to accelerate the growth potential of these individuals. By doing so, Emerging Technology Centers Inc aims to make a significant economic impact, not only in Baltimore but beyond its boundaries. The organization accomplishes this mission by operating a business incubator site, where it assists the development of existing businesses within the site, as well as encouraging new businesses to establish themselves in the central Maryland region.

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Impact




July, 2024

Emerging Technology Centers Inc is making a significant impact by fostering a transformative community of tech-savvy, innovative, entrepreneurial individuals in Baltimore and beyond. Through its business incubator site and support for business development, this organization is accelerating the growth potential of new enterprises and encouraging businesses to establish themselves in central Maryland. By creating a collaborative environment that nurtures creativity and innovation, Emerging Technology Centers Inc is not only driving economic growth but also contributing to the overall improvement of the community.




This information is meant to be a general summary of Emerging Technology Centers 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
$1,063,533 (2022)
201120122013201420152016201720182019202020212022$0$650k$1.3M$1.95M$2.6M
Expenses
$1,055,326 (2022)
201120122013201420152016201720182019202020212022$0$700k$1.4M$2.1M$2.8M
Efficiency
2011201220132014201520162017201820192020202120220%7%14%21%31%

Other financial information:

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

  • Investment Income: $38
  • Program Service Revenue: $144,253
  • Gross Receipts: $1,063,533

Assets and Liabilities:

  • Total Assets: $513,249
  • Total Liabilities: $112,630
  • Net Assets: $400,619

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Programs

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

Rental

Revenue

$144,253

Organization Details

Founding Year

1991

Principal Officer

Kimberly Clark

Main Address

101 N Haven St 301, Baltimore, MD, 21224

NTEE Category

Code: S43Z - Community improvement

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