EIN 32-0098519

Insitech

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2004
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Insitech is a nonprofit partnership intermediary for the u.s. department of defense (dod), with a business model that represents social entrepreneurship. It is located in Warren, NJ.
Total revenues
$14,170,278
2022
Total expenses
$14,474,604
2022
Total assets
$148,438
2022
Num. employees
0
2022

Program areas at Insitech

Insitech is a non-profit partnership intermediary for the u.s. department of defense (dod), with a business model that represents an innovative approach to leveraging private sector resources to source, evaluate and commercialize dual use technology, benefiting the war fighter and taxpayer by reducing the burden of government. Insitech is contracted by the military to use innovative business practices to address key military strategic initiatives/challenges since 2004, Insitech has worked with the dod to increase the liklihood of success with cooperative technology activities, concentrating on small business. Chief among Insitech's accomplishments is the enhanced use lease initiative that allows for independent development of non-excess property owned by the military to house mission related corporate entities.
The in-kind services provided by Insitech have historically been carried out by the u.s. army's picatinny arsenal. These functions are essential to picatinny's existence, and would be a burden to picatinny if assumed by the base. Insitech provides many of these essential requirments through in-kind services, enabling picatinny to achieve higher efficiency and effectiveness in managing and using its resources and, therefore, actually lessening the burden of picatinny in carrying out its mission.

Personnel at Insitech

NameTitleCompensation
Timothy TeenChief Executive Officer$240,000
Joseph MoranPresident and Chief Financial Officer$240,000
Michael P DevinePresident$80,000

Financials for Insitech

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$33
Net rental income$16,228
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$14,154,017
Total revenues$14,170,278

Form 990s for Insitech

Fiscal year endingDate received by IRSFormPDF link
2022-122024-05-23990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-14990PFView PDF
2018-122019-06-19990PFView PDF
...and 7 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 13, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 7, 2021
Posted financials
Added Form 990PF for fiscal year 2019
November 30, 2019
Posted financials
Added Form 990PF for fiscal year 2018
September 30, 2019
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
16 Mount Bethel Rd
Warren, NJ 07059
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Somerset County, NJ
Website URL
insitech.org/ 
Phone
(732) 539-1609
IRS details
EIN
32-0098519
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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