Public Charity

TECHNOLOGY ENTREPRENEUR CENTER INC

Based in ST LOUIS, MO, TECHNOLOGY ENTREPRENEUR CENTER INC operates as a Public Charity. The organization reported $6.3M in revenue, $2.2M in expenses, $12.6M in total assets for fiscal year 2024. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $818K.

EIN: 141870269 ST LOUIS, MO Small Business Development NTEE: S43 Latest filing: 2024
Total Revenue$6.3M
Total Expenses$2.2M
Total Assets$12.6M
Grant Records8
Funding Total$818K
Filing Years2019–2024

Mission

TEC OPERATES TO SUPPORT TECHNOLOGY BASED ENTREPRENEURS IN THE ST. LOUIS REGION. TEC'S MAIN ACTIVITY IS OPERATING AN INCUBATOR WHICH PROVIDES SUBSIDIZED RENT TO STARTUP ENTREPRENEURS IN THEIR EARLIEST STAGE OF BUSINESS DEVELOPMENT.TEC DOES, ON OCCASSION, ALSO OFFER EDUCATIONAL PROGRAMS AND NETWORKING ACTIVITIES.

Where $100 goes at Technology Entrepreneur Center Inc

How Technology Entrepreneur Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$76 Programs the work itself
$20 Management running the organization
$4 Fundraising raising the next dollar

Inside the $76 for programs

$76
Provide services and technical assistance to start up companies in areas designated as "distressed" communities and to assist those companies in hiring residents of the "distressed" communities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$66,618
$86,681
$37,734
2019
MTC GRANTED FUNDING FOR THE ESTABLISHMENT OF GEOSPATIAL INTELLIGENCE ACCELERATOR RESOURCE CENTER; BUILDING OUT THE AT&T OPEN SOURCE LAB; SUPPORT ENTREPRENEUR & TALENT DEVELOPMENT.
$91,500
2018
MTC GRANTED FUNDING FOR THE ESTABLISHMENT OF GEOSPATIAL INTELLIGENCE ACCELERATOR RESOURCE CENTER; BUILDING OUT THE AT&T OPEN SOURCE LAB; SUPPORT ENTREPRENEUR & TALENT DEVELOPMENT.
$225,000

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

DIRECTOR Brian Monheiser
DIRECTOR Janet Holloway
TREASURER Jean Roberson
CHAIRMAN Kevin Wilson
DIRECTOR Mark Donavon
DIRECTOR Mark Showers

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$516,500 3 grants
Research & Policy
$291,033 4 grants
General Support
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.3M $2.2M $12.6M
2023 $4.0M $4.2M $13.7M
2022 $1.7M $2.3M $14.6M
2020 $1.6M $1.7M $14.4M
2019 $6.6M $1.7M $14.6M

Between 2019 and 2024, reported annual revenue declined from $6.6M to $6.3M (-5%), with total assets most recently reported at $12.6M.

Interactive year-over-year charts and full filing details available with membership.

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