Overview
What is Puerto Rico Manufacturing Extension Primex Inc?
Puerto Rico Manufacturing Extension Primex Inc. is a private, non-profit organization established in 1996 through the collaboration of Puerto Rico Industrial Development Company (PRIDCO) and the Manufacturing Extension Partnership (MEP) under the National Institute of Standards and Technology (NIST). Located at 268 Ave Munoz Rivera World Plaza, San Juan, PR 00918, the organization aims to enhance the competitiveness of small and medium enterprises (SMEs) in Puerto Rico. It provides technical support, training, and cost assistance in new technologies and business practices. Their mission encompasses innovation and growth strategies, process and system improvements, cybersecurity, commercialization, lean production, workforce training, supply chain optimization, exporting, and more. As of the provided data, the organization employs 11 individuals.
Official website here: www.primexpr.org
Is Puerto Rico Manufacturing Extension Primex Inc legitimate?
Puerto Rico Manufacturing Extension Primex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puerto Rico Manufacturing Extension Primex 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,551
For more financial information, click here
Official website here: www.primexpr.org
What is the mission statement of Puerto Rico Manufacturing Extension Primex Inc?
Puerto Rico Manufacturing Extension Primex Inc's mission is centered around enhancing the competitiveness of small and medium-sized industries in Puerto Rico. They achieve this by offering technical support, training, and financial assistance in cutting-edge technologies and business practices. Their mission encompasses strategies for innovation and growth, process and system improvement, cybersecurity, commercialization, lean production, workforce training, supply chain optimization, and exporting, among other areas. In essence, Puerto Rico Manufacturing Extension Primex Inc aims to support Puerto Rico's small and medium enterprises, strengthening their technical know-how and business processes.
Official website here: www.primexpr.org
Who is the CEO of Puerto Rico Manufacturing Extension Primex Inc?
Ramon Vega is the Executive Director of Puerto Rico Manufacturing Extension Primex Inc.
Official website here: www.primexpr.org
What is the revenue of Puerto Rico Manufacturing Extension Primex Inc?
Puerto Rico Manufacturing Extension Primex Inc's revenue in 2022 was $3,562,377.
Official website here: www.primexpr.org
Who are the executives of Puerto Rico Manufacturing Extension Primex Inc and what are their salaries?
The average compensation at Puerto Rico Manufacturing Extension Primex Inc during 2022 was $53,959. There are 11 employees and 11 volunteers at Puerto Rico Manufacturing Extension Primex Inc.
Here are 10 key members and their salaries:
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Official website here: www.primexpr.org
Where can I find the form 990 for Puerto Rico Manufacturing Extension Primex Inc?
Puerto Rico Manufacturing Extension Primex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.primexpr.org
Learn more at the official website: www.primexpr.org
Mission Statement of Puerto Rico Manufacturing Extension Primex Inc
Puerto Rico Manufacturing Extension Primex Inc, a private non-profit organization, is dedicated to enhancing the competitive edge of Puerto Rico's small and medium-sized industries. It achieves this by offering technical support, training, and cost assistance in innovative technologies and modern business practices. Their mission can be broken down into several key areas, including innovation and growth strategies, process and system improvements, cybersecurity, commercialization, lean production, workforce training, supply chain optimization, exporting, and more. By providing these services, Puerto Rico Manufacturing Extension Primex Inc aims to help Puerto Rico's small and medium enterprises (SME's) improve their technical know-how and business processes, ultimately fostering growth and development in these sectors.
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Impact
October, 2024
Puerto Rico Manufacturing Extension Primex Inc has a significant impact on the competitive landscape of small and medium enterprises (SMEs) in Puerto Rico. By providing essential technical support, training, and cost assistance, Primex enhances the capabilities of local industries to adopt new technologies and improve their business practices. This organization focuses on key areas such as innovation, process improvement, cybersecurity, and lean production, which are crucial for driving efficiency and competitiveness in the manufacturing sector.
Primex plays a vital role in workforce development, offering training programs that equip employees with the necessary skills to navigate the evolving industrial environment. By optimizing supply chains and facilitating export opportunities, the organization helps local businesses expand their markets and increase their economic footprint.
In summary, Puerto Rico Manufacturing Extension Primex Inc fosters growth and innovation within the local manufacturing sector, contributing to a more resilient and competitive economy in Puerto Rico.
This information is meant to be a general summary of Puerto Rico Manufacturing Extension Primex 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 2022.
- Gross Receipts: $3,562,377
Assets and Liabilities:
- Total Assets: $3,895,141
- Total Liabilities: $253,609
- Net Assets: $3,641,532
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Organization Details
Founding Year
1995
Phone
(787) 756-0505Principal Officer
Ramon Vega
Main Address
268 Ave Munoz Rivera World Plaza, San Juan, PR, 009180000
Website
www.primexpr.orgNTEE Category
Code: S43 - Community improvement
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