NonprofitsMissouri Corporation For Science And Technology

Missouri Corporation For Science And Technology

SAINT LOUIS, MO

Total revenue

$11.2M

Total expenses

$22.7M

Net assets

$96.0M

Grants received

$30K

1 grants

EIN

431341372

Tax year

2024

Mission

Mtc promotes entrepreneurship and fosters the growth of high-tech companies in missouri.

Programs

3 programs

The state small business credit initiative (ssbci 2.0) is a program administered by the u.s. Department of treasury to support state programs to increase the amount of private capital available to small businesses and to cover reasonable administrative expenses. Mtc uses the ssbci program funds to support its innovation, development, and entrepreneurial advancement (idea) fund co-investment program that makes direct investments into missouri-based technology startups to support technology and business development in the state.

Expenses: $8.8MGrants: $8.3M

The state small business credit initiative (ssbci) is a program administered by the u.s. Department of treasury to support state programs to increase the amount of private capital made available to small businesses and to cover reasonable administrative expenses. Mtc uses the ssbci program funds to support its innovation, development, and entrepreneurial advancement (idea) fund co-investment program which that makes direct investments into missouri-based technology startups to support technology and business development in the state.

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The national geospatial-intelligence agency (nga) is a combination of intelligence agency and combat support agency. Nga seeks to advance its technology transfer efforts for the commercialization of federally developed technology. Through a partnership with mtc, nga engages with partners in the greater st. Louis region to drive innovation in geospatial technology through collaboration and a transfer of technology and subject matter expertise. Mtc is tasked with launching and coordinating competitive programs designed to deliver innovative and commercially viable solutions that either match nga's or their customer's current and future technology needs.the lewis and clark discovery initiative provides funds to mtc for loans and grants to missouri-based high tech small businesses.the advanced manufacturing resiliency grant program provides grant funding to create infrastructure for industries that are fundamental to u.s. National security where manufacturing of essential products relies on foreign sources. The program focuses on areas where missouri has an inherent connection or advantage to support significant growth in missouri's economy, including but not limited to advanced and innovative manufacturing of active pharmaceutical ingredients and semiconductors.

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Financials

FY 2024

Revenue

Contributions & grants$9.5M
Program service revenue
Investment income$1.6M
Other revenue$86K
Total revenue$11.2M

Expenses

Grants paid$16.4M
Salaries & benefits$1.1M
Fundraising
Other expenses$5.2M
Total expenses$22.7M
Total assets$105.2M
Net assets$96.0M

People

14 listed

NameRoleCompensation

JOHN SCATIZZI

EXECUTIVE DIRECTOR

Board

$167K

40 hrs/wk

ERWIN SWITZER

VICE CHAIR/SEC/TREAS

Board

3 hrs/wk

TRAVIS FITZWATER

DIRECTOR

Board

0.5 hrs/wk

TOM SPENCER

DIRECTOR

Board

0.5 hrs/wk

STEPHANIE REGAGNON

DIRECTOR

Board

1.5 hrs/wk

ALLEN DILLINGHAM

DIRECTOR

Board

2.5 hrs/wk

KATHRYN ALLEN

DIRECTOR

Board

3 hrs/wk

MICHAEL OCONNELL III

DIRECTOR

Board

1.5 hrs/wk

DONN RUBIN

DIRECTOR

Board

1.5 hrs/wk

CHRIS DITTMER

DIRECTOR

Board

1.5 hrs/wk

ALEX RILEY

DIRECTOR

Board

0.5 hrs/wk

MICHELLE HATAWAY

DIRECTOR

Board

1.5 hrs/wk

DAN COBB

CHAIR

Board

5 hrs/wk

ANTHONY SARDELLA

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

THOMPSON COBURN

LEGAL

$212K

ANDERS MINKLER HUBER & HELM

ACCOUNTING FEES - AUDIT

$121K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$30K
BRAID (BUILDING, RECRUITING, AND INCLUSION FOR DIVERSITY) INITIATIVE FUNDING
2018

Funded by

$30K from 1 funder · 1 grant · 2018

Details

EIN431341372
Subsection03
Ruling date1986-01
Formed1983
Employees9
Volunteers13
MISSOURI CORPORATION FOR SCIENCE AND TECHNOLOGY — Mission, Financials & Grants Received | Grantivo