Hgtc Inc

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

EIN: 853370783 ✦ West lafayette, IN ✦ Designated as a 501(c)(6)

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Overview

What is Hgtc Inc?

Hgtc Inc, headquartered in West Lafayette, Indiana, serves as a nonprofit organization with a mission to boost awareness and augment resources for the advancement of research and development in the hyperonic ground testing industry. Their primary objective is to stimulate economic growth and establish HGTC, Inc. and its members as leading entities in defense, hyperonic, air-breathing reusable engines, and aircraft, as well as airframe testing. By fostering this industry, Hgtc Inc. aims to encourage and promote the collective interests of these sectors. The organization is dedicated to fostering innovation, economic development, and global leadership in these respective fields.

Is Hgtc Inc legitimate?

Hgtc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hgtc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hgtc Inc?

Hgtc Inc's mission is focused on enhancing awareness and increasing resources for the expansion of research and development in the hyperonic ground testing industry. This is done with the aim of fostering economic development and positioning Hgtc Inc. and its members as global leaders in defense, hypersonic, air-breathing reusable engines, and aircraft, as well as airframe testing. Furthermore, Hgtc Inc. encourages and promotes the business interests of these industries as a whole.

Who is the CEO of Hgtc Inc?

Chad Pittman is the Director of Hgtc Inc.

What is the revenue of Hgtc Inc?

Hgtc Inc's revenue in 2022 was $150,000.

Who are the executives of Hgtc Inc and what are their salaries?

There 3 volunteers at Hgtc Inc.


Here are 3 key members and their salaries:


David Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hibbeln (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Pittman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hgtc Inc?

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

Mission Statement of Hgtc Inc

Hgtc Inc, with a mission to stand out, aims to boost awareness and increase the resources available for the advancement of research and development in the hyperonic ground testing industry. Their ultimate goal is to foster economic growth and position themselves and their members as global leaders in defense, hyperonic, air breathing reusable engines, and airframes testing. Moreover, Hgtc Inc is dedicated to encouraging and promoting the business interests of these industries as a whole. By doing so, they aim to make significant contributions to their respective fields and contribute to the development of cutting-edge technologies in the defense and aerospace sectors.

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Impact




October, 2024

Hgtc Inc plays a pivotal role in advancing the hypersonic ground testing industry, significantly impacting economic development and national defense capabilities. By enhancing awareness and securing additional resources for research and development, Hgtc Inc positions itself and its members at the forefront of critical technological innovation in hypersonics, air-breathing reusable engines, and related aircraft testing.

Through its dedicated efforts, Hgtc Inc fosters collaboration among stakeholders, driving business interests within these sectors. This strategic focus not only elevates the capabilities of its members but also promotes the United States as a global leader in defense technologies. By encouraging innovation and expansion, Hgtc Inc contributes to a more robust and competitive industrial landscape, ultimately benefiting the economy and enhancing national security.




This information is meant to be a general summary of Hgtc 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
$150,000 (2022)
Expenses
$958,404 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $150,000

Assets and Liabilities:

  • Total Assets: $543,235
  • Total Liabilities: $970,726
  • Net Assets: -$427,491

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Organization Details

Founding Year

2020

Principal Officer

Chad Pittman

Main Address

101 FOUNDRY DRIVE SUITE 2500, WEST LAFAYETTE, IN, 47906

NTEE Category

Code: S41 - Community improvement

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