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Gaston Innovation Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813076695 ✦ Belmont, NC ✦ Designated as a 501(c)(3)

Overview

What is Gaston Innovation Group Inc?

Gaston Innovation Group Inc, also known as TechWorks Gaston, is a nonprofit organization situated in Belmont, North Carolina. Their primary mission is to enhance the socio-economic conditions of the community by promoting digital inclusion, fostering small businesses, and encouraging technological advancement in Gaston County. In 2022, they served 1,031 youth through various STEM programs such as coding clubs, robotics camps, and competitions. They also implemented growth entrepreneurial mindset (GEM) training for middle school youth and adults. The city of Belmont and the North Carolina Department of Commerce provided funding to subsidize their K-12 STEM and operational expenses. TechWorks Gaston aims to provide opportunities for upward mobility for the low to moderate income population by expanding access to high-speed internet and technology classes, and partnering with local colleges and schools.


Official website here: www.techworksgaston.com

Is Gaston Innovation Group Inc legitimate?

Gaston Innovation Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gaston Innovation Group 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.

Here are some key statistics you may want to consider:

Executive Compensation: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.techworksgaston.com

What is the mission statement of Gaston Innovation Group Inc?

The Gaston Innovation Group Inc, operating under the name TechWorks Gaston, was established with the objective of enhancing the socio-economic conditions for residents in North Carolina, specifically in Gaston County. Their primary focus is to stimulate employment growth by promoting digital inclusion, fostering small businesses and entrepreneurship, and advancing technology. The organization acknowledges the need for these initiatives due to the challenging economic circumstances in the county, which has the highest unemployment rate and poverty rate among neighboring NC counties. TechWorks Gaston aims to improve upward mobility for the low to moderate income population by providing access to high-speed internet, specialized technology classes, a digital roadmap with digital literacy tools and training, and collaborations with local educational institutions and organizations.


Official website here: www.techworksgaston.com

Who is the CEO of Gaston Innovation Group Inc?

Terry Cox is the Executive Dir. of Gaston Innovation Group Inc.


Official website here: www.techworksgaston.com

What is the revenue of Gaston Innovation Group Inc?

Gaston Innovation Group Inc's revenue in 2022 was $766,164.


Official website here: www.techworksgaston.com

Who are the executives of Gaston Innovation Group Inc and what are their salaries?

The average compensation at Gaston Innovation Group Inc during 2022 was $110,000. There are 1 employees and 31 volunteers at Gaston Innovation Group Inc.

Here are 9 key members and their salaries:

    Terry Cox (Executive Dir.)
  • Compensation: $110,000
  • Related: $0
  • Other: $0

    • Dr Stephen Hannon (Former Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Murphey (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharai Lavoie (Treas/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Peninger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Jones (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Cramer (Advisor) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Lovette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Cascio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.techworksgaston.com

    Where can I find the form 990 for Gaston Innovation Group Inc?

    The Gaston Innovation Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.techworksgaston.com

    Learn more at the official website: www.techworksgaston.com

    Mission Statement of Gaston Innovation Group Inc

    Gaston Innovation Group Inc, operating under the name TechWorks Gaston, is a nonprofit organization with a mission to enhance the socio-economic conditions of citizens in North Carolina's Gaston County. The primary goal of this organization is to stimulate job growth and upward mobility for the low to moderate income population in the county. It aims to achieve this by focusing on three key areas: digital inclusion, small business formation and entrepreneurship, and the advancement of technology.

    To accomplish these objectives, Gaston Innovation Group Inc plans to develop and deliver a range of programs and services. These include expanding access to high-speed internet, providing specially-designed coding and technology classes, creating a digital roadmap with digital literacy tools and training, and forming partnerships with local colleges, K-12 schools, and other organizations. The ultimate aim is to empower individuals in the county and provide them with the necessary skills to succeed in today's digital age and contribute to job growth in the area.

    The challenging economic conditions in Gaston County, marked by a high unemployment rate and poverty rate, have necessitated the establishment of TechWorks Gaston. Recognizing this need, Gaston Innovation Group Inc is poised to play a pivotal role in improving the socio-economic conditions of the county's citizens, ultimately contributing to a more prosperous and inclusive community.

    Impact

    This information is meant to be a general summary of Gaston Innovation Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Gaston Innovation Group Inc, operating as TechWorks Gaston, is making a tangible impact on the socio-economic conditions of Gaston County, North Carolina. By focusing on stimulating job growth through digital inclusion, small business formation, entrepreneurship, and technology advancement, the organization is addressing the pressing needs of the community.

    Specifically, TechWorks Gaston has been instrumental in providing opportunities for upward mobility for the low to moderate income population in Gaston County. Through initiatives like K-12 STEM classes, robotics programs, coding clubs, and entrepreneurship training, the organization is equipping the youth and adults with essential skills for success in the digital age.

    Furthermore, TechWorks Gaston's collaborations with local schools, colleges, and other organizations are crucial in creating a supportive ecosystem for innovation and economic development in the region. By expanding access to high-speed internet, digital literacy tools, and specialized technology classes, the organization is paving the way for a more inclusive and thriving community in Gaston County.

    Through its dedicated efforts and programs, Gaston Innovation Group Inc is actively contributing to the improvement of the socio-economic landscape of Gaston County, helping to bridge the digital divide and create opportunities for growth and prosperity in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $8,710
  • Gross Receipts: $766,164

    • Assets and Liabilities:
  • Total Assets: $287,294
  • Total Liabilities: $353,501
  • Net Assets: -$66,207
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Certification Testing

    Revenue

    $1,711

    Entrepreneurial Programs

    Revenue

    $240

    Tech Education

    Revenue

    $6,759

    Organization Details

    Founding Year

    2016

    Principal Officer

    Terry Cox

    Main Address

    52A Ervin Street, Belmont, NC, 28012

    NTEE Category

    Code: S19 - Community improvement

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