Technology Management Institute Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $148,460
- Spending
- $217,208
- Spent on programs
- 78%
- Reserves
- 6.3 months of spending
- Largest source of income
- government grants, 98%
- Employees
- 2
- Highest pay
- $122,100, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 31% of charities in its peer group (science, under $250k).
Reserves
28 of 35Spendable reserves would cover 6.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 46% of income.
Income trend
0 of 15Income fell 55% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 39 out of 100. Higher than 15% of charities in its peer group (science, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $121,602 spent. 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. 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.
- $14,296 spent. 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. 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.
- $33,647 spent. 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. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.