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Nonprofit · EIN 86-3300175

TECHNOLOGY MANAGEMENT INSTITUTE INC

Tax-exempt · FAIRFAX, VA 22030

Financials

$327K$164K2023$148K$217K2024
Revenue Expenses · by fiscal year end
Financials of TECHNOLOGY MANAGEMENT INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$148,460$217,208-$68,748$131,804$0$131,804
December 31, 2023990$327,142$164,388$162,754$200,552$0$200,552
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$145,000
of which government grants
$145,000
Program service revenue
$0
Investment income
$3,460
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$145,600
Salaries, compensation and benefits (total)
$156,058
Professional fundraising fees
$0
Accounting fees
$7,200
Occupancy
$7,000
Travel
$6,093
Depreciation
$8,629
Program services (functional)
$169,545
Management and general (functional)
$46,712
Fundraising (functional)
$951

Balance sheet and other

Total assets, start of year
$200,552
Total assets, end of year
$131,804
Total liabilities, end of year
$0
Net assets, end of year
$131,804
Land, buildings and equipment
$17,040
Net assets without donor restrictions
$131,804
Gross receipts
$148,460
Employees
2
Year formed
2021
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DR THOMAS TRISCARI JREXECUTIVE DI
Trustee or director, Officer
6$122,100
MS MA TERESITA TRINCHERADIRECTOR
Trustee or director
3$18,500
MR LEO CANSECO ESQDIRECTOR
Trustee or director
3$2,500
EVA RUBY DE DIOSDIRECTOR
Trustee or director
3$2,500
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DR THOMAS TRISCARI JREXECUTIVE DI
Trustee or director, Officer
12$45,700
MS MA TERESITA TRINCHERADIRECTOR
Trustee or director
6$38,500
MR LEO CANSECO ESQDIRECTOR
Trustee or director
1$2,500

Address and contacts

Address (IRS master file)
4341 HACKNEY COACH LN, FAIRFAX, VA 22030-7952
Principal officer (990 for 2024)
DR THOMAS TRISCARI JR, 4341 HACKNEY COACH LANE, FAIRFAX, VA 22030
Signed the 990
DR THOMAS TRISCARI JR, EXECUTIVE DIRECTOR
Phone
(518) 369-7399
Return prepared by
HAINSWORTH RAJA & COMPANY CPAS PC

Mission

OUR MISSION AND PURPOSE IS TO CONDUCT AND PROMOTE BASIC AND APPLIED RESEARCH OF CONTEMPORARY EDUCATION ISSUES, WHICH INCLUDE BUT ARE NOT LIMITED TO -- PERSPECTIVES FROM INFORMATION TECHNOLOGY, DATA ANALYSIS, SEMICONDUCTOR TECHNOLOGY, ARTIFICIAL INTELLIGENCE, QUANTUM COMPUTING, CYBER-SECURITY,COGNITIVE SYSTEMS ENGINEERING, INNOVATION/TECHNOLOGY COMMERCIALIZATION AND ENTREPRENEURSHIP. THIS INCLUDES MAKING RECOMMENDATIONS REGARDING RELATED POLICY IMPACTS THAT WOULD BE USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • SCALE RENSSELAER CONCEPT - CRITICAL GOVERNANCE, MANAGEMENT & CONTRACTUAL RECOMMENDATIONS FOR CONSIDERATION BY THE CRC (INNOVATION AND ENTREPRENEURSHIP) ------------------------------------------------------------------------ IN SEPTEMBER OF 2024, AFTER MONTHS OF DISCUSSIONS BETWEEN THE RENSSELAER COUNTY INDISTRIAL DEVELOPMENT AGENCY (RCIDA) AND RENSSELAER POLYTECHNIC INSTITUTE (RPI) TO ADVANCE THE CONCEPT OF CREATING "SCALE RENSSELAER' -- AN INNOVATIVE TECHNOLOGY ACCELERATOR MODELED AFTER MIT'S 'ENGINE' -- TECHNOLOGY MANAGEMENT INSTITTE, INC. WAS AWARDED A CONTRACT FOR THE PERIOD 9/12/24 TO 5/31/25. TECHNOLOGY MANAGEMENT INSTITUTE, INC. CONTRACTED TO PROVIDE DEDICATED SUPPORT TO THE CRC (RENSSELAER COUNTY CAPITAL RESOURCE CORPORATION)BOARD TO SUPPORT THE CRC BOARD'S OVERSIGHT, STRATEGIC ASSESSMENT AND BUDGETARY DECISION-MAKING. UNDER THE TERMS OF THE CONTRACT, TECHNOLOGY MANAGEMENT INSTITUTE, INC. HAS PROVIDED THE CRC WITH RECOMMENDATIONS ON GOVERNANCE ISSUES, MANAGEMENT STRUCTURE AND CONTRACTUAL MATTERS. IN OCTOBER 2024, TMI PROVIDED ENHANCED SUPPORT IN ADVANCING THE PROGRAM. THE CONTRACT WITH THE RCIDA BOARD IS FOR 270,000, WHICH WILL BE PAID IN TWO INSTALLMENTS OF 145,000 EACH: THE FIRST INSTALLMENT WAS PAID IN 2024 AND THE SECOND INSTALLMENT WILL BE PAID IN 2025. ACCOMPLISHMENTS --------------- IN DECEMBERE 2024, THE RENSSELAER COUNTY LEGISLATURE APPROVED THE COUNTY EXECUTIVE'S 2025 BUDGET, WHICH INCLUDED 8,000,000 FOR THIS INITIAVE, IN WHICH TECHNOLOGY MANAGEMENT INSTUTITE, INC. WILL BE A PARTICIPANT. IT IS THOUGHT THAT THIS AWARD PROMISES TO PROVIDE A TRANSFORMATIONAL PROGRAM FOR THE REGION.
    Expenses $121,602
  • SEMI-CONDUCTOR INDUSTRY STUDY (WORKFORCE DEVELOPMENT) ------------------------------------------------------------------------- TECHNOLOGY MANAGEMENT INSTITUTE, INC. WAS ENGAGED TO PRODUCE AN AUTHORITATIVE 'WHITE PAPER' DESIGNED TO INFORM AND PERSUADE STAKEHOLDERS IN THE FEDERAL GOVERMNET OF THE CHALLENGES IN SUSTAINING THE STRATEGIC COMPETITIVE ADVANTAGE OF THE UNITED STATES IN THE GLOBAL SEMICONDUCTOR INDUSTRY -- FOCUSING ON THE IMPLICATION FOR NATIONAL SECURITY. INITIALLY, 150,000 WAS BUDGETED/APPROVED BY RCIDA FOR THIS PROGRAM FOR THE PERIOD 8/1/24 - 12/31/25. IN NOVEMBER 2024, HOWEVER, 125,000 OF THE INITIAL BUDGET WAS DIVERTED TO BE UTILIZED IN THE 'SCALE RENSSELAER INITIAVE' -- AS DESCRIBED IN PROGRAM A. PRIOR TO THE DIVERSION OF FUNDS, ACCOMPLISHMENTS INCLUDED IDENTIFICATION OF A SET OF CRITICAL QUESTIONS/ISSUES, PLANNING OF IN-DEPTH INTERVIEWS AND ANALYSIS, CREATING A PLAN TO IDENTIFY AND ANALYZE KEY TRENDS/INSIGHTS AND DEVELOPING PLANS TO REPORT FINDINGS AND RECOMMENDATIONS TO SENIOR FEDERAL POLICYMAKERS.
    Expenses $14,296
  • INSPIRE FELLOWSHIP ------------------------------------------------------------------------- IN THE SUMMER OF 2023, BUILDING ON EFFORTS UNDERTAKEN IN 2022, TECHNOLOGY MANAGEMENT INSTITUTE, INC. WAS AWARDED A 300,000 GRANT TO IMPLEMENT AN EXPERIMENTAL 9-MONTH PROGRAM FOCUSED ON UNDERSTANDING AND ASSESSING THE IMPACT OF DISRUPTIVE TECHNOLOGY (E.G., ARTIFICIAL INTELLIGENCE, MACHINE LEARNING, QUANTUM COMPUTING, ETC.)ON A SET OF SPECIFIC BUSINESSES IN CERTAIN GROWTH INDUSTRIES. IN THE FALL OF 2023, AN INITIAL OFFERING OF THE PROGRAM WAS IMPLEMENTED WITH UNIVERSITY AND COMMUNITY COLLEGE STUDENTS. AN ADVISORY BOARD WAS ESTABLISHED TO CHAMPION THE PROGRAM. TECHNOLOGY MANAGEMENT INSTITUTE, INC ALSO ENGAGED AND RETAINED IGNITE U NY TO SUPPORT THE IMPLEMENTATION OF THE PROGRAM, WHICH WAS EFFECTIVELY IMPLEMENTED IN 2023. IN 2024, THE STAFF AT TECHNOLOGY MANAGEMENT INSTITUTE, INC. CONTINUED TO SUPPORT THE INSPIRE FELLOWSHIP INITIATIVE, BUILDING ON EFFORTS UNDERTAKEN IN 2022 AND 2023.
    Expenses $33,647

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-3300175
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$131,804
Income (IRS master file)
$148,460

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$148,460$217,208$131,804XML
990December 2023$327,142$164,388$200,552XML
990December 2022$19,486$99,274$37,798IRS
990December 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-3300175).

Questions about TECHNOLOGY MANAGEMENT INSTITUTE INC

What is the EIN of TECHNOLOGY MANAGEMENT INSTITUTE INC?
The employer identification number (EIN) of TECHNOLOGY MANAGEMENT INSTITUTE INC is 86-3300175.
Is TECHNOLOGY MANAGEMENT INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to TECHNOLOGY MANAGEMENT INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TECHNOLOGY MANAGEMENT INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TECHNOLOGY MANAGEMENT INSTITUTE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TECHNOLOGY MANAGEMENT INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TECHNOLOGY MANAGEMENT INSTITUTE INC?
The 990 for the year ended December 31, 2024 names DR THOMAS TRISCARI JR.
Who are the officers and directors of TECHNOLOGY MANAGEMENT INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $122,100 (DR THOMAS TRISCARI JR, EXECUTIVE DI).
How much revenue does TECHNOLOGY MANAGEMENT INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $148,460, expenses of $217,208 and total assets of $131,804 at year end.

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