Andeco Institute

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

EIN: 862787128 ✦ Richmond heights, OH ✦ Designated as a 501(c)(3)

Overview

What is Andeco Institute?

Andeco Institute is a nonprofit organization based in Richmond Heights, Ohio. With a team of 14 individuals, the Institute bridges the gap between the U.S. government and industry by establishing and managing a consortium where they collaborate efficiently. Their mission lies in identifying and thoroughly vetting top-tier data providers from various aspects of data collection, aiming to include them in the Advanced Data Consortium. Andeco Institute's expertise in both commercial industry and government contracting allows them to facilitate this partnership, ultimately contributing to precision and speed in data-related projects.


Official website here: www.andeco.org

Is Andeco Institute legitimate?

Andeco Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andeco Institute 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: $400,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,576,939

For more financial information, click here


Official website here: www.andeco.org

What is the mission statement of Andeco Institute?

The Andeco Institute utilizes its background in commercial industry and government contracting to facilitate a collaborative consortium between the U.S. government and industry. With a focus on data collection, the institute works diligently to identify and thoroughly vet top-tier data providers as prospective members of the Advanced Data Consortium. By bringing these entities together, the Andeco Institute aims to foster an environment of speed and precision in data-related projects for the benefit of the U.S. government.


Official website here: www.andeco.org

Who is the CEO of Andeco Institute?

Matthew Carpenter is the President of Andeco Institute.


Official website here: www.andeco.org

What is the revenue of Andeco Institute?

Andeco Institute's revenue in 2022 was $40,662,169.


Official website here: www.andeco.org

Who are the executives of Andeco Institute and what are their salaries?

The average compensation at Andeco Institute during 2022 was $141,210. There are 14 employees at Andeco Institute.

Here are 7 key members and their salaries:

    Matthew Carpenter (President) [Trustee/Director]
  • Compensation: $400,000
  • Related: $0
  • Other: $0

    • John Forehand (Highest Compensated Employ)
  • Compensation: $250,000
  • Related: $0
  • Other: $0

    • Elizabeth Basich (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Nelson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Cardone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thad Heiges (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Estolita Bowling (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.andeco.org

    Where can I find the form 990 for Andeco Institute?

    The Andeco Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.andeco.org

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

    Mission Statement of Andeco Institute

    Andeco Institute, a renowned organization, harnesses its expertise in commercial industry and government contracting to facilitate a collaborative environment between the U.S. government and industry. The institute aims to establish and manage this consortium with exceptional speed and precision. Andeco Institute's primary focus is on identifying and meticulously vetting top-tier data providers operating across various sectors of data collection. By inviting these providers to join the Advanced Data Consortium, the institute fosters an atmosphere of innovation and efficiency, ultimately benefiting both government entities and the data industry as a whole.

    Andeco Institute's mission is twofold. First, it leverages its extensive experience in commercial industry and government contracting to create a synergistic partnership between these sectors. By doing so, the organization enables joint projects to progress at an accelerated pace and with a greater degree of accuracy. Second, Andeco Institute's commitment to identifying and vetting the best data providers adds value to the consortium by ensuring that only the most exceptional entities are represented. This rigorous selection process not only enhances the consortium's overall capabilities but also maintains the highest standards of data quality and security. In summary, Andeco Institute stands as a trailblazer in fostering productive collaborations between the U.S. government and industry, specifically in the realm of data collection.

    Impact

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




    Thursday, August 15, 2024

    Andeco Institute's impact lies in its ability to bring together commercial industry expertise and government contracting knowledge to create a consortium environment where the U.S. government and industry collaborate efficiently and effectively. By identifying and thoroughly assessing top-tier data providers across various data collection fields, Andeco Institute establishes the Advanced Data Consortium. This initiative helps foster innovation and high-quality data solutions within both the public and private sectors, ultimately benefiting society at large.





    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: $40,662,169
  • Gross Receipts: $40,662,169

    • Assets and Liabilities:
  • Total Assets: $10,033,016
  • Total Liabilities: $10,031,308
  • Net Assets: $1,708
  • Programs

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

    ADVANCED DATA CONSORTIUM - GOVERN

    Revenue

    $40,662,169

    Organization Details

    Founding Year

    2021

    Principal Officer

    Matthew Carpenter

    Main Address

    26391 CURTISS WRIGHT PKWY 100, RICHMOND HEIGHTS, OH, 44143

    NTEE Category

    Code: U00 - Science research

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