Overview
What is Mid-Atlantic Gigabit Innovation Collaboratory Inc?
Mid-Atlantic Gigabit Innovation Collaboratory Inc, commonly known as MAGIC Inc, is a nonprofit organization located in Westminster, Maryland. Their primary mission is to stimulate economic growth and technological innovation within the local business community. By doing so, they aim to create opportunities for technological advancement in the City of Westminster and its surrounding areas, adhering to the Corporation and Associations Law of Maryland. The nonprofit operates under the name MAGIC Inc and employs a team of five individuals. Their main initiative, the Westminster Autonomous Robotics Innovation Center, ARIC, is a permanent educational facility that focuses on autonomous and robotics projects. ARIC offers hands-on learning experiences in software development, coding, data analytics, and other relevant skills, with the ultimate goal of fostering critical thinking, teamwork, and communication skills in students. The center aims to cater to a wide range of industries, not just robotics engineering.
Official website here: www.magicinc.org
Is Mid-Atlantic Gigabit Innovation Collaboratory Inc legitimate?
Mid-Atlantic Gigabit Innovation Collaboratory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Atlantic Gigabit Innovation Collaboratory 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: $90,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,859
For more financial information, click here
Official website here: www.magicinc.org
What is the mission statement of Mid-Atlantic Gigabit Innovation Collaboratory Inc?
The Mid-Atlantic Gigabit Innovation Collaboratory Inc is committed to fostering economic development and promoting technological innovation among businesses. Their mission includes encouraging and aiding these initiatives within their jurisdiction, as permitted by the Corporation and Associations Law of the State of Maryland. Beyond this, they are also permitted to pursue any other activities within their capabilities. The organization is set to establish a permanent training and educational facility, focusing on autonomous robots and robotics, aiming to teach students essential technical skills and nurturing their curiosity. This facility, known as ARIC, will offer hands-on educational opportunities in software development, coding, and data analytics, applicable to various industries.
Official website here: www.magicinc.org
Who is the CEO of Mid-Atlantic Gigabit Innovation Collaboratory Inc?
Graham Dodge is the Executive Director of Mid-Atlantic Gigabit Innovation Collaboratory Inc.
Official website here: www.magicinc.org
What is the revenue of Mid-Atlantic Gigabit Innovation Collaboratory Inc?
Mid-Atlantic Gigabit Innovation Collaboratory Inc's revenue in 2023 was $363,756.
Official website here: www.magicinc.org
Who are the executives of Mid-Atlantic Gigabit Innovation Collaboratory Inc and what are their salaries?
The average compensation at Mid-Atlantic Gigabit Innovation Collaboratory Inc during 2023 was $38,379. There are 5 employees and 53 volunteers at Mid-Atlantic Gigabit Innovation Collaboratory Inc.
Here are 12 key members and their salaries:
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Official website here: www.magicinc.org
Where can I find the form 990 for Mid-Atlantic Gigabit Innovation Collaboratory Inc?
Mid-Atlantic Gigabit Innovation Collaboratory Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.magicinc.org
Learn more at the official website: www.magicinc.org
Mission Statement of Mid-Atlantic Gigabit Innovation Collaboratory Inc
Mid-Atlantic Gigabit Innovation Collaboratory Inc is dedicated to fostering economic development opportunities and promoting technological innovation among businesses. This nonprofit organization has a mission to assist businesses in the City of Westminster, Maryland, and its surrounding areas, enabling them to thrive and innovate in various sectors. The collaboratory is permitted to undertake any activities that align with the Corporation and Associations Law of the State of Maryland, demonstrating its versatility and adaptability in supporting the local business ecosystem.
To achieve its mission, Mid-Atlantic Gigabit Innovation Collaboratory Inc is planning to establish the Westminster Autonomous Robotics Innovation Center, ARIC. This permanent training and educational facility will be a hub for autonomous and robotics projects, providing hands-on educational opportunities for students. ARIC will focus on developing technical skills such as software, coding, and data analytics, preparing students for a wide range of industries beyond just robotics engineering. The center will also emphasize the importance of STEM education, fostering critical thinking, teamwork, and communication skills, and nurturing students' natural curiosity. By investing in the education and innovation of the local business community, Mid-Atlantic Gigabit Innovation Collaboratory Inc aims to drive economic growth and development in the area.
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Impact
October, 2024
The Mid-Atlantic Gigabit Innovation Collaboratory Inc significantly contributes to economic development and technological innovation in Westminster, MD, and its surrounding areas. By establishing the Westminster Autonomous Robotics Innovation Center (ARIC), it provides a dedicated space for hands-on learning and development in autonomous technology and robotics. This center not only showcases various innovative projects but also serves as a training facility where students can gain valuable experience in software development, coding, and data analytics—skills increasingly essential across multiple industries.
Through its focus on STEM education, the Collaboratory promotes critical thinking, teamwork, and communication skills, equipping students with the tools they need to excel in an evolving job market. By fostering a culture of curiosity and innovation, it encourages future generations to engage in technological fields, thus driving forward local economic growth and reinforcing Westminster's position as a hub of technological advancement.
This information is meant to be a general summary of Mid-Atlantic Gigabit Innovation Collaboratory 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 2023.
- Program Service Revenue: $60,401
- Gross Receipts: $363,756
Assets and Liabilities:
- Total Assets: $63,289
- Total Liabilities: $91,831
- Net Assets: -$28,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Autonomous Robotics Innovation Center
Revenue
$34,813
Good Game
Revenue
$12,568
Innovators of Progress
Revenue
$3,650
Cyber Sip
Revenue
$3,500
Angel Network
Revenue
$2,000
Organization Details
Founding Year
2016
Phone
(410) 790-8627Principal Officer
Graham Dodge
Main Address
Post Office Box 517, Westminster, MD, 211580517
Website
www.magicinc.orgNTEE Category
Code: U40 - Science research
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