Program areas at Ben Franklin Technology Partners NE PA
Business and Technical Assistance Projects - Companies are linked with universities, funding and other resources to help them prosper through innovation. The strategy includes developing early-stage, technology-oriented companies and helping established manufacturers creatively apply new technology and business practices.
Technology Infrastructure Activities - Promoting an innovative community-wide infrastructure that fosters a favorable business environment for high-growth companies. Ben Franklin Technology Partners of NEPA inaugurated one of the first business incubators in the nation in 1983 and managed and developed its award-winning incubator to be among the best. In 2007, BFTP/NEP relocated its original incubator across the street on Lehigh University's Mountaintop Campus to Ben Franklin TechVentures, a former Bethlehem Steel laboratory. The National Business Incubation Association named Ben Franklin TechVentures the 2012 National Incubator of the Year, a remarkable repeat of Ben Franklin's 2001 honor. Ben Franklin TechVentures brings together entrepreneurs, Ben Franklin staff, and Lehigh faculty and students to accelerate the growth of the region's technology economy. In 2010, the Partners purchased the Bloomsburg Innovation Center located in Bloomsburg, PA.
Grants made by Ben Franklin Technology Partners NE PA
Personnel at Ben Franklin Technology Partners NE PA
Name | Title | Compensation | Date of data |
---|
Angelo J. Valletta | President and Chief Executive Officer | $289,148 | 2023-06-19 |
Kathy Ann Minnich | Chief Financial Officer | $163,212 | 2023-06-19 |
Wayne K. Barz | Chief Investment Officer | $140,488 | 2023-06-19 |
Laura Eppler | Chief Marketing Officer | $110,793 | 2022-06-30 |
Melanie Kohler | Chief Technology Officer | | 2023-06-19 |
...and 8 more key personnel |
Financials for Ben Franklin Technology Partners NE PA
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $6,371,118 | $3,521,100 | 80.9% |
Program services | $1,473,240 | $1,760,038 | -16.3% |
Investment income and dividends | $437,458 | $283,936 | 54.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $1,150,537 | $6,711,647 | -82.9% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $9,432,353 | $12,276,721 | -23.2% |
Organizations like Ben Franklin Technology Partners NE PA
Organization | Type | Location | Revenue |
---|
Rev1 Ventures | 501(c)(3) | Columbus, OH | $12,957,997 |
Virginia Innovation Partnership Corporation (CIT) | 501(c)(3) | Herndon, VA | $22,793,161 |
NCInnovation | 501(c)(3) | Durham, NC | $10,283,256 |
South Carolina Research Authority (SCRA) | 501(c)(3) | Columbia, SC | $16,234,461 |
BioGenerator | 501(c)(3) | St Louis, MO | $11,680,607 |
Los Angeles Cleantech Incubator | 501(c)(3) | Los Angeles, CA | $21,575,491 |
Innovation Works (IW) | 501(c)(3) | Pittsburgh, PA | $24,072,729 |
Mount Desert Island Biological Laboratory (MDIBL) | 501(c)(3) | Salisbury Cove, ME | $11,998,788 |
Embarc Collective Tampa Bay | 501(c)(3) | Tampa, FL | $4,280,835 |
New York Academy of Sciences | 501(c)(3) | New York, NY | $23,922,135 |
Data update history
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 2 new personnel
June 25, 2023
Used new vendors
Identified 1 new vendor, including
June 20, 2023
Updated personnel
Identified 2 new personnel
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technologyEconomic developmentBusiness and industry
Characteristics
Political advocacyConducts researchLobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 116 Research Dr Plaza Level
- Bethlehem, PA 18015
- Metro area
- Allentown-Bethlehem-Easton, PA-NJ
- County
- Northampton County, PA
- Website URL
- nep.benfranklin.org/Â
- Phone
- (610) 758-5200
- Facebook page
- ben-franklin-technology-partners-of-northeastern-paÂ
- Twitter profile
- @benfranklinnepÂ
IRS details
- EIN
- 23-2517422
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1988
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 5417: Scientific Research and Development Services
- Parent/child status
- Central organization
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