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Vip Consortium Inc

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

EIN: 834265032 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Vip Consortium Inc?

Vip Consortium Inc is a nonprofit organization that organizes an annual Worldwide Innovation Competition. The competition serves as a platform for showcasing innovative ideas and solutions, with the University of Strathclyde emerging as the winner in the latest event. The organization has managed to garner support from 30 out of 46 institutions that have VIP Programs. These institutions have signed a Memorandum of Understanding, which outlines the ten fundamental elements of the VIP program, demonstrating their commitment to the initiative. The Vip Consortium's mission seems to be fostering innovation and promoting collaboration among its participating institutions.


Official website here: www.vip-consortium.org

Is Vip Consortium Inc legitimate?

Vip Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vip Consortium Inc submitted a form 990EZ, 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.vip-consortium.org

What is the mission statement of Vip Consortium Inc?

The Vip Consortium Inc, through its annual Worldwide Innovation Competition, fosters innovation and collaboration among its participating institutions. The competition, which has seen the University of Strathclyde emerge as a winner, serves as a platform for showcasing and recognizing innovative ideas. The consortium has also garnered the commitment of 30 out of 46 institutions with VIP Programs, as evidenced by the signing of a Memorandum of Understanding that outlines the ten essential elements of VIP. This signifies these institutions' dedication to the VIP program and its principles. While the mission statement of Vip Consortium Inc is not explicitly stated in the provided information, it can be inferred that their primary focus is on promoting innovation, collaboration, and the advancement of the VIP program among its member institutions.


Official website here: www.vip-consortium.org

What is the revenue of Vip Consortium Inc?

Vip Consortium Inc's revenue in 2023 was $66,005.


Official website here: www.vip-consortium.org

Who are the executives of Vip Consortium Inc and what are their salaries?

Here are 11 key members and their salaries:


Mark Randolph (Co-Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal T Abler (Co-Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Coyle (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hurey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Kelsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahesh Krishnamurthy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Labov (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary May (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine H Middlecamp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andree Sursock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Todd (Finance Comm Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vip-consortium.org

Where can I find the form 990EZ for Vip Consortium Inc?

Vip Consortium Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.vip-consortium.org

Learn more at the official website: www.vip-consortium.org

Mission Statement of Vip Consortium Inc

Vip Consortium Inc, an organization known for its innovation competitions, has demonstrated its commitment to a shared program called VIP, as evidenced by the participation of 30 out of 46 participating institutions. These institutions, including Vip Consortium itself, have signed a Memorandum of Understanding, outlining the ten fundamental elements of the VIP program. This collective agreement underscores each institution's dedication to the program, demonstrating Vip Consortium's mission to foster collaboration and shared values in the field of innovation.

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Impact




August, 2024

Vip Consortium Inc's impact can be seen in the successful outcomes of its third annual Worldwide Innovation Competition. The competition showcased the innovative solutions developed by participating teams, with a University of Strathclyde VIP team emerging as the winner. Furthermore, the fact that 30 out of 46 institutions with VIP Programs have signed a Memorandum of Understanding demonstrates a widespread commitment to the program's core values and principles. This indicates that Vip Consortium Inc is fostering a culture of innovation and collaboration within the education sector, ultimately benefiting students and institutions alike.




This information is meant to be a general summary of Vip Consortium 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.

Revenue
$66,005 (2023)
Expenses
$66,099 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $66,005

Assets and Liabilities:

  • Total Assets: $19,948
  • Total Liabilities: $0
  • Net Assets: $19,948

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Organization Details

NTEE Category

Code: B01 - Education

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