Program areas at West Virginia High Technology Consortium Foundation
Economic development activities which are focused on planning, construction, leasing and operation of research and development organizations and technology-based businesses within or ancillary to the i-79 Technology park located in fairmont, wv.
Commercialization activites provide business support services to entrepreneurs and businesses interested in the development and commercialization of a product. Seeks to provide services to any West Virginia entrepreneur whose product demonstrates commercial viability.
Technology-based research and related programs. These activities focus on utilization of technology-based research as a vehicle for economic development and diversification. Much of the Foundation's work is provided to the federal and/or state government, particularly the united states department of defense. The Foundation has strategically designed "Technology clusters" around High potential, sustainable, Technology target areas that are viable from both a business and technical perspective. These areas include product line engineering, biometrics technologies, computing technologies, software suitability testing, identification technologies, information warfare/security technologies, computational grid applications, robotics and internet-based web-site support services.
Affiliate programs, workforce education and small business support services which provide workforce education and networking opportunities to the public and local technology-based companies.
Personnel at West Virginia High Technology Consortium Foundation
| Name | Title | Compensation | Date of data |
|---|
| James L Estep | President and Chief Executive Officer | $281,427 | 2023-02-13 |
| Robert R Rogers | Vice President of Development | $119,930 | 2021-03-31 |
| Guy Peduto | Director of Innova | $103,613 | 2022-03-31 |
| Kenneth Witt | Program Manager | $125,564 | 2022-03-31 |
| Stacey Layman | Director of Finance and Accounting / Treasurer | $104,009 | 2022-03-31 |
| ...and 5 more key personnel |
Financials for West Virginia High Technology Consortium Foundation
| Revenues | FYE 03/2022 | FYE 03/2021 | % Change |
|---|
| Total grants, contributions, etc. | $424,863 | $459,012 | -7.4% |
| Program services | $608,057 | $400,284 | 51.9% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $289,390 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $7 | $0 | 999% |
| Total revenues | $1,032,927 | $1,148,686 | -10.1% |
Organizations like West Virginia High Technology Consortium Foundation
| Organization | Type | Location | Revenue |
|---|
| Launch Alaska | 501(c)(3) | Anchorage, AK | $1,975,549 |
| Nexus Louisiana | 501(c)(3) | Baton Rouge, LA | $2,578,258 |
| Berkshire Innovation Center | 501(c)(3) | Pittsfield, MA | $968,470 |
| Bioconnect Iowa | 501(c)(3) | Des Moines, IA | $1,803,790 |
| Don Ryan Center for Innovation | 501(c)(3) | Bluffton, SC | $480,290 |
| Brite Energy Innovators | 501(c)(3) | Warren, OH | $2,228,427 |
| Innovation for Green Advanced Transportation Excellence Dev Corporation | 501(c)(3) | Livermore, CA | $484,417 |
| The Center for Technology Enterprise and Development | 501(c)(3) | Delray Beach, FL | $803,648 |
| Milwaukee Regional Innovation Center | 501(c)(3) | Wauwatosa, WI | $1,244,262 |
| Downeast Institute for Applied Marine Research and Education (DEI) | 501(c)(3) | Beals Island, ME | $1,574,675 |
Data update history
July 4, 2023
Used new vendors
Identified 1 new vendor, including
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 14, 2023
Used new vendors
Identified 2 new vendors, including , and
May 20, 2022
Posted financials
Added Form 990 for fiscal year 2020
May 20, 2022
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Business and community development organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technologyCommunity improvementEconomic development
Characteristics
Conducts researchPartially liquidatedState / local levelReceives government fundingTax deductible donations
General information
- Address
- 1000 Galliher Dr 1000
- Fairmont, WV 26554
- Metro area
- Morgantown, WV
- County
- Marion County, WV
- Website URL
- wvhtf.org/Â
- Phone
- (304) 366-2577
IRS details
- EIN
- 55-0727658
- Fiscal year end
- March
- Taxreturn type
- Form 990
- Year formed
- 1993
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 5417: Scientific Research and Development Services
- Parent/child status
- Central organization
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