Nonprofits›Frederick Innovative Technology Center Inc

Community Improvement & Capacity Building

Frederick Innovative Technology Center Inc

FREDERICK, MD

Website

Total revenue

$7.8M

Total expenses

$1.8M

Net assets

$7.1M

Grants received

$10K

2 grants

EIN

201262262

Tax year

2023

Mission

To provide a nurturing and supportive environment to start-up technology-based businesses.

Financials

FY 2023

Revenue

Contributions & grants$7.0M
Program service revenue$697K
Investment income$140
Other revenue$5K
Total revenue$7.8M

Expenses

Grants paid—
Salaries & benefits$456K
Fundraising—
Other expenses$1.3M
Total expenses$1.8M
Total assets$11.0M
Net assets$7.1M

People

15 listed

NameRoleCompensation

KATHIE CALLAHAN BRADY

PRESIDENT/CEO

Board

$150K

57.67 hrs/wk

ANDRES MENDOZA

VICE CHAIRMAN

Board

—

0.79 hrs/wk

SEAN WALKER

TREASURER/SECRETARY

Board

—

0.35 hrs/wk

THERESA BETHUNE

MEMBER

Board

—

0.65 hrs/wk

RICHARD GRIFFIN

MEMBER

Board

—

0.35 hrs/wk

JON ROWLEY

MEMBER

Board

—

0.63 hrs/wk

JEANNE O'CONNELL

MEMBER

Board

—

0.58 hrs/wk

VELEKA PEEPLES - DYER

MEMBER

Board

—

0.52 hrs/wk

DAVID PALANK

MEMBER

Board

—

0.42 hrs/wk

TIEN WONG

MEMBER

Board

—

0.67 hrs/wk

MEI SUN

MEMBER

Board

—

0.58 hrs/wk

JOHN MOLNAR

MEMBER

Board

—

0.46 hrs/wk

JODIE BOLLINGER

MEMBER

Board

—

0.29 hrs/wk

ANNE BALDUZZI

MEMBER

Board

—

0.88 hrs/wk

PATRICK WHEELER

CHAIRMAN

Board

—

0.96 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
SCOTT FOUNDATION INC
$5K
UPGRADE LIGHTING SYSTEM
2022
THE COMMUNITY FOUNDATION OF FREDERICK
$5K
UNRESTRICTED
2018

Funded by

$10K from 2 funders · 2 grants · 2018–2022

Scott Foundation Inc

$5K · 1 grant · 2022

Details

EIN201262262
NTEE codeS300
Subsection03
Ruling date2006-11
Formed2004
Employees6
Volunteers68
FREDERICK INNOVATIVE TECHNOLOGY CENTER INC — Mission, Financials & Grants Received | Grantivo