Overview
What is Mississippi State University Research & Technology Corporation?
Mississippi State University Research & Technology Corporation is a nonprofit organization located in Mississippi State, Mississippi. Its primary mission is to foster and promote new technologies and research by collaborating with businesses, industry, and Mississippi State University. This collaboration aims to maintain the upkeep of buildings constructed for housing research and development activities. The corporation serves as a bridge between academic research and practical applications, contributing to the advancement of various fields.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating (71%)
The Mississippi State University Research & Technology Corporation has received a two-star rating from Charity Navigator, indicating that while some aspects of the organization's operations are strong, there are areas in need of improvement. The organization excels in accountability and finance, showing a perfect score in several governance factors, including board independence and financial oversight, which demonstrates a commitment to proper management.
However, the organization faces significant challenges regarding its financial health as indicated by a low score in the liabilities to assets ratio, which may raise concerns about its overall financial stability. Additionally, the absence of essential policies such as a whistleblower policy and a document retention and destruction policy reflects a lack of adherence to best practices in governance, which could impact stakeholder confidence.
Despite these limitations, the program expense ratio is notably high, suggesting that a substantial portion of expenditures is directed towards programmatic activities. To enhance its rating and public trust, the Mississippi State University Research & Technology Corporation would benefit from addressing its policy deficiencies and improving its financial health metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi State University Research & Technology Corporation legitimate?
Mississippi State University Research & Technology Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi State University Research & Technology Corporation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $303,937
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What is the mission statement of Mississippi State University Research & Technology Corporation?
Mississippi State University Research & Technology Corporation's mission is to encourage and promote new technologies and research. They achieve this by collaborating with businesses, industry, and the university itself. The corporation's primary goal is to foster innovation and advancements in research, contributing to the development of novel technologies. They also maintain the necessary infrastructure, such as buildings, to support these research and development activities.
Who is the CEO of Mississippi State University Research & Technology Corporation?
Marc Mcgee is the Director of Mississippi State University Research & Technology Corporation.
What is the revenue of Mississippi State University Research & Technology Corporation?
Mississippi State University Research & Technology Corporation's revenue in 2022 was $3,819,155.
Who are the executives of Mississippi State University Research & Technology Corporation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Mississippi State University Research & Technology Corporation?
Mississippi State University Research & Technology Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mississippi State University Research & Technology Corporation
Mississippi State University Research & Technology Corporation, often abbreviated as MSU R&T Corporation, is dedicated to fostering and advocating for the development of innovative technologies and research. Their mission is to engage with businesses, industry, and Mississippi State University itself, with the ultimate goal of promoting and fostering new advancements in technology and research. This organization plays a crucial role in maintaining and upkeeping facilities designed for research and development activities, ensuring that these initiatives can thrive and grow.
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Impact
July, 2024
Mississippi State University Research & Technology Corporation has a significant impact on fostering innovation and research by collaborating with businesses, industries, and Mississippi State University. Through its activities, it plays a crucial role in encouraging the development of new technologies and research initiatives. The corporation also contributes to the upkeep of buildings dedicated to research and development activities, thus providing a physical infrastructure to support these endeavors. Ultimately, the corporation's mission is to drive technological advancements and research by leveraging partnerships with various stakeholders, making it a key player in advancing education and innovation.
This information is meant to be a general summary of Mississippi State University Research & Technology Corporation. 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: $10,655
- Gross Receipts: $3,819,155
Assets and Liabilities:
- Total Assets: $38,851,102
- Total Liabilities: $31,448,163
- Net Assets: $7,402,939
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Organization Details
Founding Year
1997
Phone
(662) 325-6849Principal Officer
Marc Mcgee
Main Address
PO BOX 6343, MISSISSIPPI STATE, MS, 39762
NTEE Category
Code: B00 - Education
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