Overview
What is Business Technology Development Center Inc?
Business Technology Development Center Inc is a nonprofit organization situated in Madison County, Alabama. Their primary objective is to boost business prospectives for small enterprises within the area. To accomplish this, they manage, develop, and operate a small business incubator. This incubator serves as a nurturing ground for small businesses, fostering their growth and development. By coordinating these activities, Business Technology Development Center Inc aims to catalyze the expansion of small businesses in Madison County, Alabama.
Official website here: www.biztech.org
Is Business Technology Development Center Inc legitimate?
Business Technology Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Technology Development Center 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: $62,321
For more financial information, click here
Official website here: www.biztech.org
What is the mission statement of Business Technology Development Center Inc?
The Business Technology Development Center Inc serves to foster and boost business prospects for small enterprises. It undertakes the task of coordinating, developing, and managing a small business incubator, with the primary objective of nurturing the growth of small businesses. The center's mission is centered around promoting and stimulating the development of small businesses, with a focus on providing an incubator environment that supports their growth.
Official website here: www.biztech.org
Who is the CEO of Business Technology Development Center Inc?
Larry Lewis is the Member of Business Technology Development Center Inc. The CEO's salary of Business Technology Development Center Inc is $0 and their total compensation is $0.
Official website here: www.biztech.org
What is the revenue of Business Technology Development Center Inc?
Business Technology Development Center Inc's revenue in 2022 was $233,921.
Official website here: www.biztech.org
Who are the executives of Business Technology Development Center Inc and what are their salaries?
The average compensation at Business Technology Development Center Inc during 2022 was $31,160. There are 2 employees at Business Technology Development Center Inc.
Here are 13 key members and their salaries (Business Technology Development Center Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.biztech.org
Where can I find the form 990 for Business Technology Development Center Inc?
Business Technology Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biztech.org
Learn more at the official website: www.biztech.org
Mission Statement of Business Technology Development Center Inc
The Business Technology Development Center Inc, in its mission, aims to foster and expand business prospects for small enterprises in Madison County, Alabama. This organization takes on the role of coordinating, developing, and managing a small business incubator. Its primary objective is to nurture and cultivate the growth of small businesses, serving as a hub for their development.
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Impact
October, 2024
Business Technology Development Center Inc significantly enhances the entrepreneurial landscape in Madison County, Alabama, by fostering small business development. Acting as an incubator, it provides essential resources, support, and guidance to emerging businesses, helping them navigate the challenges of starting and growing a company. This initiative not only promotes economic growth but also contributes to job creation in the Huntsville area, stimulating the local economy. By facilitating access to business education, mentoring, and networking opportunities, the center plays a crucial role in empowering entrepreneurs and improving the overall business ecosystem in the community. Through its efforts, it transforms innovative ideas into viable businesses, thereby driving community improvement and sustainability in the region.
This information is meant to be a general summary of Business Technology Development Center 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.
- Investment Income: $28,744
- Program Service Revenue: $104,729
- Gross Receipts: $247,973
Assets and Liabilities:
- Total Assets: $234,311
- Total Liabilities: $200,001
- Net Assets: $34,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$96,069
CLIENT INCOME
Revenue
$8,660
Organization Details
Founding Year
1997
Principal Officer
Larry Lewis
Main Address
515 SPARKMAN DR, HUNTSVILLE, AL, 358163417
Website
www.biztech.orgNTEE Category
Code: S31 - Community improvement
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