Stemtac Foundation

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

EIN: 833443870 ✦ Redmond, WA ✦ Designated as a 501(c)(3)

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Overview

What is Stemtac Foundation?

Stemtac Foundation is a nonprofit organization situated in Redmond, Washington. With a focus on the greater Seattle metropolitan area, its primary mission is to foster STEM (Science, Technology, Engineering, and Mathematics) education and career development. Beyond this, the foundation also promotes entrepreneurship and business development, as well as advocates for social justice. Through its education to employment pipeline program, Stemtac Foundation offers enrichment support services to numerous student scholars and families, aiming to bridge the gap between education and employment opportunities.


Official website here: www.stemtacfoundation.org

Is Stemtac Foundation legitimate?

Stemtac Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stemtac Foundation 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: $0

For more financial information, click here


Official website here: www.stemtacfoundation.org

What is the mission statement of Stemtac Foundation?

The Stemtac Foundation is committed to promoting STEM education and career development, as well as fostering entrepreneurship and business development. Additionally, the foundation advocates for social justice. Through its activities, it supports the education-to-employment pipeline, providing STEM enrichment services to numerous student scholars and families in the greater Seattle metropolitan area.


Official website here: www.stemtacfoundation.org

What is the revenue of Stemtac Foundation?

Stemtac Foundation's revenue in 2022 was $237,796.


Official website here: www.stemtacfoundation.org

Who are the executives of Stemtac Foundation and what are their salaries?

There 1 volunteer at Stemtac Foundation.

There is 1 key member and their salary:


Albert Herron (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stemtacfoundation.org

Where can I find the form 990 for Stemtac Foundation?

Stemtac Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stemtacfoundation.org

Learn more at the official website: www.stemtacfoundation.org

Mission Statement of Stemtac Foundation

Stemtac Foundation, as a nonprofit organization, is committed to supporting various initiatives aimed at fostering STEM education and career development, as well as promoting entrepreneurship and business development. Additionally, the foundation is dedicated to advancing social justice causes. Through its mission, Stemtac Foundation provides enrichment support services and helps hundreds of student scholars and their families within the greater Seattle metropolitan area navigate the education to employment pipeline. This comprehensive approach seeks to prepare individuals for successful careers in the STEM field while also empowering them to become entrepreneurs and advocates for social justice.

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Impact




October, 2024

Stemtac Foundation drives significant impact by enhancing the education-to-employment pipeline for aspiring STEM scholars in the greater Seattle metropolitan area. Through its programs, it delivers comprehensive STEM education and enrichment support services to hundreds of students and their families. This initiative not only cultivates knowledge and skills in science, technology, engineering, and mathematics but also empowers participants by supporting their career development and entrepreneurship ambitions. Additionally, the Foundation prioritizes social justice, ensuring that all students, regardless of background, have access to vital resources and opportunities in STEM fields. As a result, it fosters a more equitable future while inspiring the next generation of innovators and leaders.




This information is meant to be a general summary of Stemtac Foundation. 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.

Revenue
$237,796 (2022)
Expenses
$200,113 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $103
  • Program Service Revenue: $3,000
  • Gross Receipts: $237,796

Assets and Liabilities:

  • Total Assets: $93,371
  • Total Liabilities: $24,329
  • Net Assets: $69,042

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Programs

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

Community Outreach

Revenue

$3,000

Organization Details

Founding Year

2018

Principal Officer

Albert Herron

NTEE Category

Code: B90 - Education

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