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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$475K
Program Spending
84%
of total expenses go to program services
Total Contributions
$475K
Total Expenses
▼$475.3K
Total Assets
$234.2K
Total Liabilities
▼$231.9K
Net Assets
$2,224
Officer Compensation
→$0
Other Salaries
$0
Investment Income
$0
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$15.1M
Awards Found
22
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | ARRA BUILDING EXPANSION | $6M | FY2009 | Sep 2009 – Nov 2012 |
| Department of Energy | "ALTERNATIVE AND CLEAN ENERGY TECHNOLOGY DEVELOPMENT AND COMMERCIALIZATION INITIATIVE - BY PROVIDING GRANTS, INCUBATION SERVICES, TRANSLATIONAL RESEA | $3.4M | FY2009 | Sep 2009 – Nov 2012 |
| Department of Commerce | TECHVENTURES WEST WING | $1.7M | FY2015 | Sep 2015 – Mar 2017 |
| Department of Commerce | LIFE SCIENCE INNOVATION | $633.6K | — | — – — |
| Department of Commerce | ADVANCE MED DEVICE MANUF | $600K | FY2014 | Sep 2014 – Mar 2016 |
| Department of Commerce | PURPOSE: BRING TOGETHER PUBLIC, PRIVATE, AND ACADEMIC PARTNERS INTO COLLABORATIVE REGIONAL CONSORTIA (?TECH HUB?) FOCUSED ON ECONOMIC GROWTH THAT BUILDS ON THEIR REGION?S ASSETS AND POTENTIAL. STRENGTHEN THE HUB REGION?S CAPACITY TO DELIVER CRITICAL TECHNOLOGIES AND TO ENSURE THEY ARE MANUFACTURED AND DELIVERED HERE IN THE UNITED STATES AS OUTLINED IN THE TECH HUB?S PHASE 2 IMPLEMENTATION PLAN. ACTIVITIES TO BE PERFORMED: --ENSURING CLEAR AND EFFECTIVE GOVERNANCE AND LEADERSHIP OF THE CONSORTIUM THROUGH THE APPOINTMENT OF A REGIONAL INNOVATION OFFICER --PURSUING ADDITIONAL FUNDING, ALTERNATIVE INVESTMENT, AND BENEFITS OF DESIGNATION THAT ADVANCE THE HUB?S PLAN TO COMMERCIALIZE TECHNOLOGIES CRITICAL TO NATIONAL SECURITY --PARTICIPATING THE EDA TECH HUBS COMMUNITY OF PRACTICE --ESTABLISHING DATA COLLECTION AND METRICS TRACKING SYSTEMS TO REPORT ON PERFORMANCE MEASURES AND PROGRAM OUTCOMES --EDUCATING PRIVATE INDUSTRY, LOCAL INSTITUTIONS, AND OTHER STAKEHOLDERS ABOUT REGIONAL ASSETS, WORKFORCE DEVELOPMENT NEEDS, AND OTHER OPPORTUNITIES TO DEVELOP GLOBALLY COMPETITIVE BUSINESSES WITHIN IN THEIR HUB?S SELECTED CRITICAL TECHNOLOGY AREA EXPECTED OUTCOMES: --FULFILLING INVESTMENT AND POLICY COMMITMENTS IDENTIFIED IN THE PHASE 2 APPLICATION --ATTRACTING NEW PARTNERS AND CAPITAL PROVIDERS COMMITTED TO SUSTAINING THE CONSORTIA?S MOMENTUM --DEVELOPMENT OF INDUSTRY-SUPPORTING INFRASTRUCTURE WITHIN THE REGION TO SUPPORT THE GROWTH AND MODERNIZATION OF U.S. MANUFACTURING AND IMPROVE COMMERCIALIZATION AND DOMESTIC PRODUCTION OF INNOVATIVE RESEARCH. | $500K | FY2024 | Sep 2024 – Sep 2026 |
| Department of Agriculture | CF CONGRESSIONALLY DIRECTED GRANTS | $384.4K | FY2024 | Dec 2023 – Dec 2025 |
| Small Business Administration | FAST AWARDEE-BEN FRANKLIN TECHNOLOGY PARTNERS CORPORATION | $294.4K | FY2024 | Sep 2024 – Sep 2029 |
| Small Business Administration | FAST AWARDEE-BEN FRANKLIN TECHNOLOGY PARTNERS CORPORATION (PA) | $250K | FY2022 | Sep 2022 – Sep 2023 |
| Department of Commerce | GREATER PHILADELPHIA IMPACT PARTNERS | $250K | FY2016 | Feb 2016 – Jan 2018 |
| Department of Commerce | GREATER PHL OPPORTUNITY ZONES SEED FUND | $250K | FY2019 | Jan 2019 – Dec 2021 |
| Small Business Administration | BEN FRANKLIN TECHNOLOGY PARTNERS CORP-PA, SMALL BUSINESS TECHNICAL ASSISTANCE FAST FY 2020 | $125K | FY2020 | Sep 2020 – Sep 2021 |
| Small Business Administration | FAST AWARD | $125K | FY2017 | Sep 2017 – Sep 2018 |
| Small Business Administration | THE PURPOSE OF THE FAST PROGRAM IS TO STRENGTHEN THE TECHNOLOGICAL COMPETITIVENESS OF SMALL BUSINESS CONCERNS IN EVERY STATE. CONGRESS HAS FOUND THAT THERE IS MUCH VARIANCE WITHIN STATE TECHNOLOGY PROGRAMS THAT FOSTER ECONOMIC DEVELOPMENT AMONG SMALL HIGH-TECHNOLOGY FIRMS. THEREFORE, THIS PROGRAM INTENDS TO IMPROVE THE PARTICIPATION OF SMALL TECHNOLOGY FIRMS IN THE INNOVATION AND COMMERCIALIZATION | $125K | FY2021 | Sep 2021 – Sep 2023 |
| Small Business Administration | FAST | $100K | FY2015 | Sep 2015 – Sep 2016 |
| Small Business Administration | FEDERAL AND STATE TECHNOLOGY | $100K | FY2010 | Sep 2010 – Sep 2011 |
| Department of Agriculture | RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT | $99.7K | FY2020 | Jul 2020 – Jul 2022 |
| Small Business Administration | FAST FY 2013 | $95K | FY2013 | Sep 2013 – Sep 2014 |
| Small Business Administration | FAST | $80K | FY2012 | Sep 2012 – Sep 2013 |
| Small Business Administration | FAST AWARD | $55.4K | FY2011 | Sep 2011 – Sep 2012 |
| Small Business Administration | SBTDC | -$444.05 | FY2016 | Sep 2016 – Sep 2017 |
| Department of Labor | EARMARK | -$12.1K | FY2006 | May 2006 – Dec 2007 |
Department of Commerce
$6M
ARRA BUILDING EXPANSION
Department of Energy
$3.4M
"ALTERNATIVE AND CLEAN ENERGY TECHNOLOGY DEVELOPMENT AND COMMERCIALIZATION INITIATIVE - BY PROVIDING GRANTS, INCUBATION SERVICES, TRANSLATIONAL RESEA
Department of Commerce
$1.7M
TECHVENTURES WEST WING
Department of Commerce
$633.6K
LIFE SCIENCE INNOVATION
Department of Commerce
$600K
ADVANCE MED DEVICE MANUF
Department of Commerce
$500K
PURPOSE: BRING TOGETHER PUBLIC, PRIVATE, AND ACADEMIC PARTNERS INTO COLLABORATIVE REGIONAL CONSORTIA (?TECH HUB?) FOCUSED ON ECONOMIC GROWTH THAT BUILDS ON THEIR REGION?S ASSETS AND POTENTIAL. STRENGTHEN THE HUB REGION?S CAPACITY TO DELIVER CRITICAL TECHNOLOGIES AND TO ENSURE THEY ARE MANUFACTURED AND DELIVERED HERE IN THE UNITED STATES AS OUTLINED IN THE TECH HUB?S PHASE 2 IMPLEMENTATION PLAN. ACTIVITIES TO BE PERFORMED: --ENSURING CLEAR AND EFFECTIVE GOVERNANCE AND LEADERSHIP OF THE CONSORTIUM THROUGH THE APPOINTMENT OF A REGIONAL INNOVATION OFFICER --PURSUING ADDITIONAL FUNDING, ALTERNATIVE INVESTMENT, AND BENEFITS OF DESIGNATION THAT ADVANCE THE HUB?S PLAN TO COMMERCIALIZE TECHNOLOGIES CRITICAL TO NATIONAL SECURITY --PARTICIPATING THE EDA TECH HUBS COMMUNITY OF PRACTICE --ESTABLISHING DATA COLLECTION AND METRICS TRACKING SYSTEMS TO REPORT ON PERFORMANCE MEASURES AND PROGRAM OUTCOMES --EDUCATING PRIVATE INDUSTRY, LOCAL INSTITUTIONS, AND OTHER STAKEHOLDERS ABOUT REGIONAL ASSETS, WORKFORCE DEVELOPMENT NEEDS, AND OTHER OPPORTUNITIES TO DEVELOP GLOBALLY COMPETITIVE BUSINESSES WITHIN IN THEIR HUB?S SELECTED CRITICAL TECHNOLOGY AREA EXPECTED OUTCOMES: --FULFILLING INVESTMENT AND POLICY COMMITMENTS IDENTIFIED IN THE PHASE 2 APPLICATION --ATTRACTING NEW PARTNERS AND CAPITAL PROVIDERS COMMITTED TO SUSTAINING THE CONSORTIA?S MOMENTUM --DEVELOPMENT OF INDUSTRY-SUPPORTING INFRASTRUCTURE WITHIN THE REGION TO SUPPORT THE GROWTH AND MODERNIZATION OF U.S. MANUFACTURING AND IMPROVE COMMERCIALIZATION AND DOMESTIC PRODUCTION OF INNOVATIVE RESEARCH.
Department of Agriculture
$384.4K
CF CONGRESSIONALLY DIRECTED GRANTS
Small Business Administration
$294.4K
FAST AWARDEE-BEN FRANKLIN TECHNOLOGY PARTNERS CORPORATION
Small Business Administration
$250K
FAST AWARDEE-BEN FRANKLIN TECHNOLOGY PARTNERS CORPORATION (PA)
Department of Commerce
$250K
GREATER PHILADELPHIA IMPACT PARTNERS
Department of Commerce
$250K
GREATER PHL OPPORTUNITY ZONES SEED FUND
Small Business Administration
$125K
BEN FRANKLIN TECHNOLOGY PARTNERS CORP-PA, SMALL BUSINESS TECHNICAL ASSISTANCE FAST FY 2020
Small Business Administration
$125K
FAST AWARD
Small Business Administration
$125K
THE PURPOSE OF THE FAST PROGRAM IS TO STRENGTHEN THE TECHNOLOGICAL COMPETITIVENESS OF SMALL BUSINESS CONCERNS IN EVERY STATE. CONGRESS HAS FOUND THAT THERE IS MUCH VARIANCE WITHIN STATE TECHNOLOGY PROGRAMS THAT FOSTER ECONOMIC DEVELOPMENT AMONG SMALL HIGH-TECHNOLOGY FIRMS. THEREFORE, THIS PROGRAM INTENDS TO IMPROVE THE PARTICIPATION OF SMALL TECHNOLOGY FIRMS IN THE INNOVATION AND COMMERCIALIZATION
Small Business Administration
$100K
FAST
Small Business Administration
$100K
FEDERAL AND STATE TECHNOLOGY
Department of Agriculture
$99.7K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Small Business Administration
$95K
FAST FY 2013
Small Business Administration
$80K
FAST
Small Business Administration
$55.4K
FAST AWARD
Small Business Administration
-$444.05
SBTDC
Department of Labor
-$12.1K
EARMARK
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $475K | $475K | $475.3K | $234.2K | $2,224 |
| 2022 | $208.6K | $208.6K | $208.6K | $285.1K | $2,221 |
| 2021 | $264.5K | $264.5K | $264.5K | $148.8K | $2,213 |
| 2020 | $156.1K | $156.1K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Ven Raju | Board Member | 2 | $0 | $524.7K | $51.3K | $576K |
| Scott Nissenbaum | Vice President | 2 | $0 | $429.8K | $70.3K | $500.1K |
| Stephen Brawley | Board Member | 2 | $0 | $247.9K | $108.7K | $356.6K |
| Angelo J Valletta | President | 2 | $0 | $311.1K | $23.4K | $334.5K |
| Kathy Ann Minnich | Assistant Treasurer | 2 | $0 | $192.6K | $35.4K | $227.9K |
| Ryan Glenn | Secretary | 2 | $0 | $117.5K | $41.5K | $159K |
Ven Raju
Board Member
$576K
Hrs/Wk
2
Compensation
$0
Related Orgs
$524.7K
Other
$51.3K
Scott Nissenbaum
Vice President
$500.1K
Hrs/Wk
2
Compensation
$0
Related Orgs
$429.8K
Other
$70.3K
Stephen Brawley
Board Member
$356.6K
Hrs/Wk
2
Compensation
$0
Related Orgs
$247.9K
Other
$108.7K
Angelo J Valletta
President
$334.5K
Hrs/Wk
2
Compensation
$0
Related Orgs
$311.1K
Other
$23.4K
Kathy Ann Minnich
Assistant Treasurer
$227.9K
Hrs/Wk
2
Compensation
$0
Related Orgs
$192.6K
Other
$35.4K
Ryan Glenn
Secretary
$159K
Hrs/Wk
2
Compensation
$0
Related Orgs
$117.5K
Other
$41.5K
| $156.1K |
| $107.9K |
| $2,206 |
| 2019 | $210.5K | $210.5K | $211K | $30.4K | $2,202 |
| 2018 | $347.8K | $347.7K | $347.7K | $172.7K | $2,614 |
| 2017 | $272.4K | $272.4K | $272.3K | $170.2K | $2,570 |
| 2016 | $230.6K | $230.6K | $230.6K | $106.2K | $2,409 |
| 2015 | $228.4K | $228.3K | $228.3K | $75.9K | $2,372 |
| 2014 | $296.4K | $296.1K | $296.1K | $149.1K | $2,287 |
| 2013 | $503.3K | $503.1K | $503.1K | $202.8K | $2,029 |
| 2012 | $883.4K | $882.9K | $881.7K | $363.7K | $1,767 |
| 2011 | $855.3K | $852.8K | $858.3K | $429.5K | $38 |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |