Overview
What is Northeast Research And Education Network Inc?
Northeast Research and Education Network Inc, abbreviated as NEREN, is a nonprofit organization based in North Kingston, Rhode Island. Its primary mission is to establish a robust fiber-optic network that connects various educational, research, and healthcare institutions in the Northeastern United States, including New York, Connecticut, Rhode Island, Massachusetts, Vermont, Maine, and New Hampshire. This network serves to facilitate collaboration and information exchange among these organizations, fostering partnerships and knowledge-sharing. NEREN's purpose extends beyond in-state connections, aiming to link members to facilities globally, thereby creating an e-corridor. The network primarily transports research, academic, and healthcare data. Additionally, NEREN supports technology transfer, economic development, and workforce enhancement within the government, nonprofit, and broader society.
Official website here: www.neren.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Northeast Research And Education Network Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization achieved a score of 92% in its Accountability & Finance metrics, indicating effective management of funds and a significant focus on maintaining high standards in financial practices.
The nonprofit excels in several key areas, including having a fully independent board comprised of 14 members, effective oversight of financial statements, and the absence of any material diversion of assets. With a program expense ratio of 91.01%, the organization ensures that a large portion of its resources is directed towards its mission, which further reinforces its credibility and reliability as a nonprofit.
While the organization shows remarkable strengths in governance and financial practices, the summary does not indicate specific programmatic outcomes or impacts, which could provide a fuller understanding of its effectiveness in achieving its goals. Overall, Northeast Research And Education Network Inc stands out for its operational integrity and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Research And Education Network Inc legitimate?
Northeast Research And Education Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Research And Education Network 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.
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For more financial information, click here
Official website here: www.neren.org
What is the mission statement of Northeast Research And Education Network Inc?
Northeast Research and Education Network Inc, often referred to as NEREN, aims to maximize the educational and information exchange potential of communication network resources. They achieve this by fostering advanced networking among members of the corporation through regional cooperation and collaboration. NEREN pools the ever-expanding body of scientific, medical, and educational expertise to support research, education, and healthcare communities. The organization also promotes technology transfer, economic and workforce development, and network security for government, the nonprofit community, and the broader society. Their primary focus is on transporting research, academic, and healthcare information, allowing corporate and government members to collaborate with the region's academic, research, and healthcare members.
Official website here: www.neren.org
Who is the CEO of Northeast Research And Education Network Inc?
Ryan Kocsondy is the Chairman of Northeast Research And Education Network Inc.
Official website here: www.neren.org
What is the revenue of Northeast Research And Education Network Inc?
Northeast Research And Education Network Inc's revenue in 2023 was $1,047,657.
Official website here: www.neren.org
Who are the executives of Northeast Research And Education Network Inc and what are their salaries?
There 29 volunteers at Northeast Research And Education Network Inc.
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Official website here: www.neren.org
Where can I find the form 990 for Northeast Research And Education Network Inc?
Northeast Research And Education Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.neren.org
Learn more at the official website: www.neren.org
Mission Statement of Northeast Research And Education Network Inc
Northeast Research and Education Network, Inc. (NEREN) is a organization dedicated to facilitating connections between educational and research communities in several northeastern states. Its mission is to create a secure fiber-optic network that unites universities and research institutions across New York, Connecticut, Rhode Island, Massachusetts, Vermont, Maine, and New Hampshire. This network enables universities worldwide to access global resources utilizing ultra-broadband applications.
NEREN's purpose is threefold. Firstly, it aims to maximize the educational and information exchange potential of communication network resources by fostering advanced networking among members through regional cooperation and collaboration. Secondly, it seeks to pool the ever-expanding body of regional scientific, medical, and educational expertise to support research, education, and healthcare communities. Lastly, it strives to extend the benefits of its activities to promote technology transfer, economic and workforce development, and network security for government, the nonprofit community, and the broader society. By acting on activities that are better done together, NEREN contributes to the shared advancement of knowledge and collaboration within its network.
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Impact
July, 2024
Northeast Research And Education Network Inc's impact lies in providing a vital fiber optic network that connects and unifies the research and education communities of New York, Connecticut, Rhode Island, Massachusetts, Vermont, Maine, and New Hampshire. Through this infrastructure, universities worldwide can securely explore global resources utilizing ultra broadband applications. Their mission is to maximize educational and information exchange potential through regional cooperation and collaboration, support research, education, and healthcare communities, promote technology transfer and economic development, and enhance network security for government, the academic community, and broader society. By facilitating partnerships and collaborations among academic, research, healthcare, corporate, and government sectors, Northeast Research And Education Network Inc plays a pivotal role in advancing knowledge sharing and innovation in the Northeast region and beyond.
This information is meant to be a general summary of Northeast Research And Education Network 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $811
- Program Service Revenue: $1,046,846
- Gross Receipts: $1,047,657
Assets and Liabilities:
- Total Assets: $1,986,368
- Total Liabilities: $376,786
- Net Assets: $1,609,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLOCATION FEES
Revenue
$727,534
MEMBERSHIP FEES
Revenue
$107,267
DARK FIBER SERVICE FEE
Revenue
$98,257
USER CONNECTOR FEES
Revenue
$63,788
INTERNET2 FEES
Revenue
$50,000
Organization Details
Founding Year
2004
Phone
(401) 886-0887Principal Officer
Ryan Kocsondy
Main Address
6946 POST ROAD 402, NORTH KINGSTOWN, RI, 02852
Website
www.neren.orgNTEE Category
Code: B19 - Education
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