Overview
What is Technology & Entrepreneurship Center Of Houston Inc?
The Technology & Entrepreneurship Center Of Houston Inc, located in Houston, Texas, serves as a hub for nurturing startups. Operating at 410 Pierce St, this nonprofit organization provides below-market rental spaces to budding businesses, in addition to meeting and event facilities. Its primary mission is to foster the growth of Houston's innovation economy by connecting entrepreneurs with relevant organizations, attracting venture capital, and promoting new startup development organizations to the city. Furthermore, the center has developed a web platform to collect data on the local economy, ultimately contributing to the overall development and success of startups in Houston. With a dedicated workforce of 24 individuals, the center actively works to support and empower the entrepreneurial community in Houston.
Is Technology & Entrepreneurship Center Of Houston Inc legitimate?
Technology & Entrepreneurship Center Of Houston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technology & Entrepreneurship Center Of Houston 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: $473,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $847,634
For more financial information, click here
What is the mission statement of Technology & Entrepreneurship Center Of Houston Inc?
The Technology & Entrepreneurship Center Of Houston Inc's mission is centered around fostering innovation in the economy. It aims to connect Houston with various innovation resources, attract entrepreneurial companies to the city, and promote the establishment of new startup development organizations (SDOs). Additionally, the center operates an incubator facility, offering below-market rents to startups, and provides meeting space for these emerging businesses through meetups. The organization's primary goal is to accelerate the growth of Houston's innovation economy by leveraging these resources.
Who is the CEO of Technology & Entrepreneurship Center Of Houston Inc?
Serafina Lalany is the Director of Technology & Entrepreneurship Center Of Houston Inc. The CEO's salary of Technology & Entrepreneurship Center Of Houston Inc is $368,333 and their total compensation is $368,333.
What is the revenue of Technology & Entrepreneurship Center Of Houston Inc?
Technology & Entrepreneurship Center Of Houston Inc's revenue in 2020 was $380,691.
Who are the executives of Technology & Entrepreneurship Center Of Houston Inc and what are their salaries?
The average compensation at Technology & Entrepreneurship Center Of Houston Inc during 2020 was $55,034. There are 24 employees and 50 volunteers at Technology & Entrepreneurship Center Of Houston Inc.
Here are 24 key members and their salaries (Technology & Entrepreneurship Center Of Houston Inc's CEO's salary is $368,333 and their total compensation is $368,333):
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Where can I find the form 990 for Technology & Entrepreneurship Center Of Houston Inc?
Technology & Entrepreneurship Center Of Houston Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Technology & Entrepreneurship Center Of Houston Inc
The Technology & Entrepreneurship Center Of Houston Inc is committed to advancing Houston's innovation economy. Its mission is threefold: firstly, it aims to connect and facilitate access to various innovation resources within the city. Secondly, it seeks to link entrepreneurial companies with startup development organizations and attract venture capital, as well as new startup development organizations, to Houston. Lastly, it operates a web platform to collect data on the local economy. This nonprofit organization's primary objective is to promote and foster the growth of innovative businesses in Houston, thereby contributing to the city's economic development.
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Impact
October, 2024
Technology & Entrepreneurship Center of Houston Inc significantly impacts Houston's innovation economy by accelerating the development and growth of startups in the region. It manages an incubator facility that offers below-market rents, thus reducing financial barriers for emerging companies. This support fosters a thriving entrepreneurial ecosystem.
The center connects entrepreneurial companies with essential resources, including startup development organizations and venture capital, facilitating networking and collaboration. Additionally, it provides meeting and meetup spaces that encourage idea exchange among startups, enhancing community engagement and innovation.
By promoting innovation resources and capturing economic data through its web platform, the center plays a crucial role in attracting new investment and development initiatives to Houston, further solidifying the city as a hub for entrepreneurship and technological advancement. Overall, its initiatives contribute to community improvement and the long-term sustainability of the local economy.
This information is meant to be a general summary of Technology & Entrepreneurship Center Of Houston 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 2020.
- Gross Receipts: $560,993
Assets and Liabilities:
- Total Assets: $3,649,151
- Total Liabilities: $1,538,495
- Net Assets: $2,110,656
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Organization Details
Founding Year
1999
Phone
(713) 658-1750Principal Officer
Serafina Lalany
Main Address
410 Pierce St, Houston, TX, 77002
NTEE Category
Code: S31 - Community improvement
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