Overview
What is Montana Technology Enterprise Center?
Montana Technology Enterprise Center (MONTEC) is a nonprofit organization located in Missoula, Montana, with a focus on supporting new technology-driven start-ups. Their mission involves offering resourceful facilities and fostering innovative research to empower these emerging businesses. MONTEC aims to generate quality job opportunities and stimulate economic growth, both locally and at a state level. Furthermore, MONTEC is dedicated to promoting technology transfer programs, aiming to boost local start-ups and encourage the commercialization of university research. With a team of 34 dedicated individuals, MONTEC plays a significant role in revitalizing and diversifying Montana's economy.
Official website here: www.montanaenterprisecenter.com
Is Montana Technology Enterprise Center legitimate?
Montana Technology Enterprise Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Technology Enterprise Center 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: $135,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,435,625
For more financial information, click here
Official website here: www.montanaenterprisecenter.com
What is the mission statement of Montana Technology Enterprise Center?
The Montana Technology Enterprise Center's mission is centered around providing facilities for new technology-based start-up businesses. Their primary objective is to foster innovation and create job opportunities, aiming to revitalize and diversify the regional and state economy. Furthermore, MONTEC strives to encourage the commercialization of university research, thereby bolstering local start-ups and promoting technology transfer programs.
Official website here: www.montanaenterprisecenter.com
Who is the CEO of Montana Technology Enterprise Center?
Scott Whittenburg is the Director Of Operations of Montana Technology Enterprise Center.
Official website here: www.montanaenterprisecenter.com
What is the revenue of Montana Technology Enterprise Center?
Montana Technology Enterprise Center's revenue in 2023 was $4,652,105.
Official website here: www.montanaenterprisecenter.com
Who are the executives of Montana Technology Enterprise Center and what are their salaries?
The average compensation at Montana Technology Enterprise Center during 2023 was $46,209. There are 34 employees and 2 volunteers at Montana Technology Enterprise Center.
Here are 6 key members and their salaries:
- Compensation: $57,622
- Related: $0
- Other: $0
- Compensation: $18,440
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $9,123
- Related: $0
- Other: $0
Official website here: www.montanaenterprisecenter.com
Where can I find the form 990 for Montana Technology Enterprise Center?
Montana Technology Enterprise Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.montanaenterprisecenter.com
Learn more at the official website: www.montanaenterprisecenter.com
Mission Statement of Montana Technology Enterprise Center
Montana Technology Enterprise Center, often abbreviated as MONTEC, is dedicated to a mission that aims to revitalize the region and state by providing facilities for new technology-based start-up businesses. This nonprofit organization strives to bolster local start-ups and encourages the commercialization of university research. By offering innovative research opportunities for these new businesses, MONTEC aims to create quality jobs and contribute to the diversification of the regional and state economies. In essence, MONTEC plays a significant role in promoting technology transfer programs, thereby fostering the growth of new technology-based enterprises.
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Impact
October, 2024
Montana Technology Enterprise Center (MONTEC) has a significant impact on the local and state economy by providing essential resources for technology-based start-up businesses. By offering facilities and support, MONTEC fosters an environment conducive to innovative research and development, helping new companies translate cutting-edge ideas into viable products and services.
This support not only aids in the growth of individual businesses but also contributes to job creation, thereby revitalizing the regional economy. By encouraging the commercialization of university research, MONTEC strengthens local ties with academic institutions, further enhancing innovation potential. Ultimately, MONTEC plays a crucial role in diversifying and improving the economic landscape of Missoula and Montana as a whole, driving community improvement and fostering sustainable growth.
This information is meant to be a general summary of Montana Technology Enterprise Center. 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: $22
- Program Service Revenue: $4,146,561
- Gross Receipts: $4,652,105
Assets and Liabilities:
- Total Assets: $7,204,557
- Total Liabilities: $1,800,579
- Net Assets: $5,403,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTEC Program
Revenue
$3,704,982
MONTEC Building Rents
Revenue
$441,579
Organization Details
Founding Year
2001
Phone
(406) 243-6982Principal Officer
Scott Whittenburg
Main Address
1121 East Broadway, Missoula, MT, 59802
NTEE Category
Code: S30 - Community improvement
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