Overview
What is Mississippi Enterprise For Technology Inc?
Mississippi Enterprise for Technology Inc, based in Stennis Space Center, Mississippi, serves as a catalyst for technological advancement. Their primary mission is to facilitate the transfer of technology from government entities to private industries. By doing so, they aim to foster industrial growth, stimulate new business starts-ups, and attract companies to Mississippi. This nonprofit organization operates with the goal of promoting scientific and technological progress, ultimately contributing to the economic development of the state.
Official website here: www.mset.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating. This rating reflects a strong commitment to accountability and finance, with the overall score derived entirely from a single beacon score. An 81% score indicates a generally reliable organization, though it may not yet reach the highest performance tiers recognized by the platform.
Mississippi Enterprise for Technology Inc demonstrates notable strengths, particularly in governance and financial management. The organization has an entirely independent board, which scored 100% in independence, and it maintains no material diversion of assets. Additionally, it has implemented comprehensive policies for conflicts of interest, whistleblowing, and document retention, showcasing a commitment to transparency and ethical practices.
However, while the organization excels in accountability and finance, the rating suggests that there may be areas for potential improvement. The three-star rating, while solid, indicates that the nonprofit may not be maximizing its impact or efficiency relative to top-rated organizations. Stakeholders may want to monitor the organization's long-term performance and strategic initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi Enterprise For Technology Inc legitimate?
Mississippi Enterprise For Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Enterprise For Technology 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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Official website here: www.mset.org
What is the mission statement of Mississippi Enterprise For Technology Inc?
Mississippi Enterprise For Technology Inc's mission is centered around promoting the transfer of technological advancements from government entities to the private sector. This initiative aims to foster industrial growth, stimulate new business start-ups, and attract companies to various locations by leveraging technological and scientific innovations originating from government entities. The ultimate goal is to bolster the private industry, thereby contributing to economic development.
Official website here: www.mset.org
What is the revenue of Mississippi Enterprise For Technology Inc?
Mississippi Enterprise For Technology Inc's revenue in 2023 was $761,829.
Official website here: www.mset.org
Who are the executives of Mississippi Enterprise For Technology Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.mset.org
Where can I find the form 990 for Mississippi Enterprise For Technology Inc?
Mississippi Enterprise For Technology Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mset.org
Learn more at the official website: www.mset.org
Mission Statement of Mississippi Enterprise For Technology Inc
Mississippi Enterprise for Technology Inc, as a nonprofit organization, is dedicated to promoting technological transfer from the government sector to the private industry. This mission is geared towards fostering industrial growth, stimulating the establishment of new businesses, and attracting companies to Mississippi. The organization achieves this by facilitating the transfer of technological and scientific advances from government institutions to the private sector, thereby accelerating innovation and economic development. By doing so, Mississippi Enterprise for Technology Inc contributes to the overall growth and competitiveness of the private industry in Mississippi.
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Impact
July, 2024
Mississippi Enterprise for Technology Inc plays a crucial role in driving industrial growth and fostering new business start-ups in Mississippi. By facilitating the transfer of technology and scientific knowledge from the government to the private sector, the organization empowers local businesses and attracts companies to the state. This leads to job creation, economic development, and overall community improvement in Mississippi, making a significant impact on the region's innovation and prosperity.
This information is meant to be a general summary of Mississippi Enterprise For Technology 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: $388
- Program Service Revenue: $559,259
- Gross Receipts: $761,829
Assets and Liabilities:
- Total Assets: $454,527
- Total Liabilities: $5,106
- Net Assets: $449,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$376,788
TENANT SERVICES
Revenue
$96,885
EVENTS
Revenue
$65,389
OTHER SERVICES
Revenue
$20,197
Organization Details
Founding Year
1954
Principal Officer
Jeff Davis Pace Iii
Website
www.mset.orgNTEE Category
Code: S31Z - Community improvement
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