EIN 06-1493673

Slater Technology Fund

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1997
Most recent tax filings
2023-06-01
Description
The Slater Technology Fund promotes scientific research and development in the areas of biomedical and informational technologies in Rhode Island, supporting job creation and economic activity. They award technology development loans to seven companies and invest in five qualified companies to introduce products in Rhode Island. They are located in Providence.
Total revenues
$818,045
2023
20192020202120222023$0$4m$8m
Total expenses
$2,374,576
2023
20192020202120222023$1m$3m
Total assets
$14,231,172
2023
20192020202120222023$10m$14m
Num. employees
3
2023
2019202020212022202302

Program areas at Slater Technology Fund

Technology development loans - awarded loans to four (4) r.i. companies in order to promote scientific research and development in the biomedical Technology, information Technology, and energy industries.
Equity investments in qualified companies - invested in four (4) r.i. Qualified companies in order to provide them with the capital infusion necessary to introduce products in rhode island.
Venture support - provided technical, business development assistance, and public relations to over sixty (60) qualifying entities.

Personnel at Slater Technology Fund

NameTitleCompensation
Thorne SparkmanPresident$307,859
Robert ChathamDirector$209,494
Richard G HoranFormer President$27,783

Financials for Slater Technology Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$333,450
Program services$349,938
Investment income and dividends$125,248
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,409
Total revenues$818,045

Form 990s for Slater Technology Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-06-27990View PDF
2022-062023-05-15990View PDF
2021-062022-05-09990View PDF
2020-062021-05-26990View PDF
...and 11 more Form 990s
Data update history
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Used new vendors
Identified 1 new vendor, including
July 24, 2024
Updated personnel
Identified 1 new personnel
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Research centersCharities
Issues
Science and technology
Characteristics
Conducts researchState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 9142
Providence, RI 02940
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
slaterfund.com/ 
Phone
(401) 831-6633
IRS details
EIN
06-1493673
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U30: Physical Sciences, Earth Sciences Research, Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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