Tech Foundry Inc.
Tech Foundry Inc.
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About this organization
Mission
Founded by concerned area employers who saw a dramatic need for a skilled IT workforce, Tech Foundry is on a mission to build the most dynamic and fluid IT workforce development and training programs ever created. Driven by specific employer demands, we combine hands-on skill focused technical training with professional development, which aids us in our overarching duty to elevate an under-served, at-risk population into tomorrow's IT workforce. The greater Springfield area of Massachusetts is a region ripe with opportunity. A low cost of living and high and quality of life make it an attractive community for businesses and employees alike. The obstacle to growth for our region is the lack of a skilled workforce. Without a strong, scalable, and dynamic workforce, employers are hesitant to locate and grow jobs here and the talent we do have is hesitant to stay. At no cost to the students, we prepare a cross-section of the population to step into a sustainable career in the information T
About
Educational and workforce development program to train career-seekers on the professional skills and technical skills required to fill entry-level IT positions. Total number of students served - 55. The organization received in-kind revenue and expenses in the amount of 55,114 for the year ended June 30, 2019 which consisted of various services and supplies.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “See schedule o”.
When detailing its responsibilities, they were listed as: “Founded by concerned area employers who saw a dramatic need for a skilled it workforce, tech foundry is on a mission to build the most dynamic and fluid it workforce development and training programs ever created. driven by specific employer demands, we combine hands-on skill focused technical training with professional development, which aids us in our overarching duty to elevate an under-served, at-risk population into tomorrow's it workforce. the greater springfield area of massachusetts is a region ripe with opportunity. a low cost of living and high and quality of life make it an attractive community for businesses and employees alike. the obstacle to growth for our region is the lack of a skilled workforce. without a strong, scalable, and dynamic workforce, employers are hesitant to locate and grow jobs here and the talent we do have is hesitant to stay. at no cost to the students, we prepare a cross-section of the population to step into a sustainable career in the information t”.
- The state in which the non-profit is legally permitted to operate is MA.
- The address of the non-profit for 2020 according to the filing is 1391 MAIN STREET 9TH FLOOR, SPRINGFIELD, MA, 01103.
- The number of employees reported by the non-profit on their form as of 2020 is 5.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$99,692.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization has 8 independent voting members.
- The organization was formed in 2013.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $317,162 in salary, compensation, and benefits to its employees.
- The organization pays $55,230 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
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