Illinois Science and Technology Institute
Illinois Science and Technology Institute
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About this organization
Mission
The Illinois Science & Technology Institute (ISTI) is a STEM-focused nonprofit that provides programs and partnerships to connect companies with classrooms. ISTI supports schools and companies who want to impact the next generation of innovators, to build a stronger, more inclusive talent pipeline in Illinois. We are a bridge between the classroom and real world that facilitates collaboration between students and industry mentors.
About
Provisions of grants for the education of Illinois residents
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “The institute will advance science and technology through the education of illnois residents, the provision of grants to institutions and organizations for scientific research in the areas of science and technology, and by providing educational resources for entrepreneurism, technology transfer, and other education initiatives that support economic development through science and technology in the state of illinois.”.
When referring to its tasks, they were described as: “The institute will advance science and technology through the education of illnois residents, the provision of grants to institutions and organizations for scientific research in the areas of science and technology, and by providing educational resources for entrepreneurism, technology transfer, and other education initiatives that support economic development through science and technology in the state of illinois.”.
- The non-profit is operating legally in the state of IL.
- The form submitted by the non-profit organization for 2020 reports 0 employees.
- 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 $500,000 and $1,000,000+.
- Revenue less expenses is $98,041.
- The CEO's salary plan within the organization is not subject to review and approval from a neutral entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 14 independent voting members.
- The organization was formed in 2011.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $583,500 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.