Frederick Innovative Technology Center Inc
Frederick Innovative Technology Center Inc
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About this organization
Mission
Accelerate technological innovation and the development of commercially viable technology-based businesses.
About
Provides furnished offices and wet labs equipped with high-speed internet, telephones, and administrative services, supporting clients employing nearly a hundred people at any given time.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “To foster entrepreneurial activity in the information technology and life science industries within frederick county, maryland.”.
When talking about its functions, they were outlined as: “To provide a nurturing and supporotive environment to start-up technology-based businesses.”.
- The legally reported state of operation for the non-profit is MD.
- According to the filing, the non-profit's address in 2020 is 4539 METROPOLITAN COURT, FREDERICK, MD, 21704.
- The non-profit organization as of 2020 has a total of 8 employees reported on their form.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$110,628.
- The organization has 15 independent voting members.
- The organization was formed in 2004.
- The organization pays $170,655 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.