Overview
What is For-M Inc?
For-M Inc, a Milwaukee, Wisconsin-based nonprofit, is dedicated to enhancing the Milwaukee region's reputation as a technology hub. Its mission is to inclusively double the tech talent in Southeast Wisconsin, aiming to foster lasting economic prosperity and create life-changing opportunities in technology. To achieve this, For-M Inc focuses on four key areas: attracting tech talent and companies to the region, building a diverse tech talent pipeline, scaling the innovation ecosystem, and fostering connections and community within the tech sector. By promoting the region's strengths in water/energy technology, healthtech, financial payments, and insurtech, For-M Inc actively works to attract and retain tech talent, ultimately driving the region's economic growth. With a team of 12 individuals, For-M Inc is committed to shaping the tech landscape of Milwaukee.
Official website here: www.mketech.org
Is For-M Inc legitimate?
For-M Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. For-M 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: $297,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,334
For more financial information, click here
Official website here: www.mketech.org
What is the mission statement of For-M Inc?
For-M Inc's mission is to inclusively double the tech talent in a specific region, aiming to foster enduring economic prosperity and generate life-changing opportunities in technology. This is achieved through four key focus areas: attracting tech talent and companies, building a diverse talent pipeline, scaling the innovation ecosystem, and fostering connections and community within the tech sector. The organization also works on regional branding to promote the region as a tech hub, highlighting its strengths in water/energy technology, healthtech, financial payments, and insurtech.
Official website here: www.mketech.org
Who is the CEO of For-M Inc?
Kathy Henrich is the Chair of For-M Inc. The CEO's salary of For-M Inc is $262,500 and their total compensation is $297,340.
Official website here: www.mketech.org
What is the revenue of For-M Inc?
For-M Inc's revenue in 2022 was $1,633,369.
Official website here: www.mketech.org
Who are the executives of For-M Inc and what are their salaries?
The average compensation at For-M Inc during 2022 was $29,140. There are 12 employees and 40 volunteers at For-M Inc.
Here are 13 key members and their salaries (For-M Inc's CEO's salary is $262,500 and their total compensation is $297,340):
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- Compensation: $262,500
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- Other: $34,840
- Compensation: $152,988
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- Other: $9,832
Official website here: www.mketech.org
Where can I find the form 990 for For-M Inc?
For-M Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mketech.org
Learn more at the official website: www.mketech.org
Mission Statement of For-M Inc
For-M Inc, an organization dedicated to fostering economic prosperity, aims to inclusively double the tech talent in its domain. The mission of this nonprofit is to create life-changing opportunities in technology, driving enduring growth. It focuses on four key areas: attracting tech talent and companies, building a diverse talent pipeline, scaling the innovation ecosystem, and fostering connections and community. For-M Inc's efforts are geared towards enhancing the image of its region as a technological hub, promoting its strengths in sectors such as water/energy technology, healthtech, financial payments, and insurtech. This strategic positioning helps in attracting both tech companies and skilled workers to the area, contributing to its overall economic growth.
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Impact
October, 2024
For-M Inc is significantly impacting the technology landscape in Southeast Wisconsin by focusing on inclusivity and talent development. Its mission aims to double the tech talent pool in the Milwaukee region, which serves as a catalyst for enduring economic prosperity and the creation of transformative job opportunities.
By attracting both tech talent and companies to the area, For-M Inc enhances the regional economy and promotes job growth. Its efforts in building a diverse tech talent pipeline ensure that individuals from various backgrounds have access to career opportunities within the thriving tech sector. This diversity not only enriches the local workforce but also fosters innovation and creativity.
The organization is also committed to scaling the innovation ecosystem within Milwaukee, creating an environment where ideas can flourish and companies can thrive. Through strategic branding initiatives, For-M Inc elevates the image of the region as a hub for technology, spotlighting its strengths in sectors such as water and energy technology, health tech, financial payments, and insurtech.
Finally, by building connections and fostering a sense of community, For-M Inc strengthens the collaborative networks essential for success in the tech industry. This holistic approach not only benefits individuals seeking opportunities but also enhances the overall economic landscape of Southeast Wisconsin.
This information is meant to be a general summary of For-M 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 2022.
- Investment Income: $112,501
- Gross Receipts: $1,633,369
Assets and Liabilities:
- Total Assets: $5,957,326
- Total Liabilities: $221,829
- Net Assets: $5,735,497
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Organization Details
Founding Year
2019
Phone
(414) 484-4034Principal Officer
Kathy Henrich
Main Address
PO BOX 125, MILWAUKEE, WI, 53089
Website
www.mketech.orgNTEE Category
Code: S41 - Community improvement
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