Program areas at Tech Alpharetta
As of Tech Alpharettas November 2023 Board Strategic Planning Meeting, which takes place every other year, Tech Alpharetta had successfully accomplished all initiatives first proposed at its November 2021 Strategic Planning meeting. Tech Alpharetta: - Increased revenues through new fundraising (annual CIO Speed Dating fundraiser events)- Grew its revenues to exceed $500,000 in gross revenues for 2023- Invested some of its operating account funds into an interest-bearing CD of 5%+ - Grew its Board with strategic board member/company additions- Launched & grew its Womens Forum STEAM Mentoring program into a highly successful initiative, which it incorporated as a separate Ga. Domestic Nonprofit Corporation in late 2023. (501c3 application underway)- Relaunched its Industry Interface program by presenting startups to its Startup & Enterprise Committee Meetings, with success stories- Launched new Tech Studio initiative to offer technical & leadership training to executives- Activated its highly effective Executive Board under Rich Cannon, Exec. Board Chair- Created its organizational Value Proposition- Hosted its Third Annual Tech Alpharetta Golf ClassicTech Alpharettas Value Proposition:Tech Alpharetta builds Alpharettas reputation as the destination of choice for tech companies and tech professionals. We help tech companies of every size, from startup to enterprise, optimize their potential; foster the education and development of talent; cultivate local business networking and connection; and drive investment to enhance Alpharettas vibrant tech ecosystem. Tech Alpharettas Growth metrics:2021 / 2023$350k budget / $450k budget 416k gross rev /506k as of 10/31/23 654 tech cos in COA / More than 900 tech cos in COA Hosted 46 virtual programs / Hosted 30 live programs, plus 100 in person meetups Served approx. 2000 tech execs / Served approx. 2000 tech execsCreated 600 Alpharetta, 1,000 state of GA new jobs / 1188/1854 new jobs 18 total startup grads / 21 total startup grads $29.2 mil investor funding / $1.25 mil inv. funding$182 mil TOTALinvestor funding received 2021 /$221 mil TOTAL Investor funding received 202325 high school girls mentored by our Womens Forums STEAM Mentors
Who funds Tech Alpharetta
Grants from foundations and other nonprofits
Personnel at Tech Alpharetta
| Name | Title | Compensation | Date of data |
|---|
| Paul Nagrowski | Chairman | $0 | 2023-04-14 |
| David Albano | Treasurer | $0 | 2022-12-31 |
| Karen Cashion | Chief Executive Officer | | 2020-11-19 |
| Ryan Hollenbeck | Chairman and Secret | $0 | 2019-12-31 |
Financials for Tech Alpharetta
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $96,500 | $89,305 | 8.1% |
| Program services | $421,236 | $373,782 | 12.7% |
| Investment income and dividends | $4,326 | $0 | 999% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $32,810 | $77,432 | -57.6% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $554,872 | $540,519 | 2.7% |
Organizations like Tech Alpharetta
| Organization | Type | Location | Revenue |
|---|
| Washington Economic Development Association Ion | 501(c)(6) | Seattle, WA | $767,858 |
| Washington Economic Development Group | 501(c)(6) | Washington, IA | $265,673 |
| Littlefield Economic Development Corporation | 501(c)(6) | Littlefield, TX | $870,427 |
| Clallam County Ecomomic Development CNCL | 501(c)(6) | Port Angeles, WA | $786,318 |
| Economic Development Center of Washington County | 501(c)(6) | Greenville, MS | $644,722 |
| Greene County Economic Development Corporation | 501(c)(6) | Bloomfield, IN | $169,849 |
| Bradenton Area Economic Development Corporation | 501(c)(6) | Bradenton, FL | $292,436 |
| Shawnee Forward | 501(c)(6) | Shawnee, OK | $1,002,929 |
| Kerrville Economic Development Corporation | 501(c)(6) | Kerrville, TX | $512,433 |
| Wakulla County Economic Development Council | 501(c)(6) | Crawfordville, FL | $161,561 |
Data update history
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 17 new personnel
May 16, 2023
Updated personnel
Identified 22 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
February 2, 2021
Updated personnel
Identified 33 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Partially liquidatedFundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsNo full-time employees
General information
- Address
- 2972 Webb Bridge Rd
- Alpharetta, GA 30009
- Metro area
- Atlanta-Sandy Springs-Alpharetta, GA
- County
- Fulton County, GA
- Website URL
- techalpharetta.com/Â
- Phone
- (678) 457-2657
IRS details
- EIN
- 47-1769869
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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