Andeco Institute

Learn about this cause: What are the reviews? 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)

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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

What are the reviews and ratings of this charity?

The Andeco Institute is not currently rated by Charity Navigator due to insufficient data. The organization has only two consecutive years of electronically filed IRS Form 990, limiting the evaluation of Accountability & Finance, and other crucial beacon scores like Impact & Measurement, Culture & Community, and Leadership & Adaptability do not have enough information yet. This absence of a rating neither implies a positive nor a negative status.

From the available data, the Andeco Institute relies heavily on contributions, fees, and receipts related to its exempt purposes, aligning with its independent organization status. The compensation for key personnel, including the president and board members, is outlined, with salaries ranging from $172,231 to $400,000, but these figures are viewed in the context of total revenue and expenses.

Currently, there are no user reviews available from GreatNonprofits, so the community sentiment remains unrecorded. This means public perception or feedback regarding their services and operations cannot be summarized at this time.


This AI summary has been generated from information found on Charity Navigator.

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.


Heare 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)
  • Compensation: $400,000
  • Related: $0
  • Other: $0
Elizabeth Basich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Cardone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thad Heiges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Estolita Bowling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Forehand (Highest Compensated Employ)
  • Compensation: $250,000
  • Related: $0
  • Other: $0


Official website here: www.andeco.org

Where can I find the form 990 for Andeco Institute?

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.

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Impact




October, 2024

Andeco Institute drives substantial impact by creating a collaborative environment where the U.S. government and industry can work together efficiently and effectively. By leveraging extensive experience in commercial industry and expertise in government contracting, Andeco ensures that this consortium framework operates with speed and precision.

The institute focuses on identifying and thoroughly vetting top-tier data providers across various domains of data collection. This meticulous selection process enriches the Advanced Data Consortium, ensuring that members are equipped with the best resources to meet pressing data needs. Consequently, Andeco Institute enhances the quality of data-driven decision-making within government and industry partnerships, ultimately contributing to more informed policy and operational choices that benefit the public.

Through its efforts, Andeco facilitates a more agile and responsive data ecosystem, enabling stakeholders to adapt quickly to changing demands and challenges.




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.


Financials

This financial information is from Propublica.

Revenue
$40,662,169 (2022)
Expenses
$40,660,461 (2022)
Efficiency

Other financial information:

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

  • 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

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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: W20 - Public benefit

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