MISSOURI TECHNOLOGY CORPORATION
PO BOX 2137, JEFFERSON CITY, MO 65102 www.missouritechnology.com

Total Revenue
$1,303,695
Total Expenses
$5,983,689
Net Assets
$52,293,588

Organizations Filed Purposes: THE MISSION OF THE MTC IS TO HELP STRENGTHEN THE ECONOMY OF MISSOURI THROUGH THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY; PROMOTE THE MODERNIZATON OF BUSINESS BY SUPPORTING THE TRANSFER OF SCIENCE, TECHNOLOGY AND QUALITY IMPROVEMENTS BY PROVIDING LEADERSHIP IN THE ESTABLISHMENT OF METHODS OF TECHNOLOGY APPLICATION, COMMERCIALIZATION AND DEVELOPMENT.

MTC WAS FORMED TO CONTRIBUTE TO THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY, TO PROMOTE THE MODERIZATION OF MO BUSINESSES BY SUPPORTING THE TRANSFER OF SCIENCE, TECHNOLOGY AND QUALITY IMPROVEMENT METHODS TO THE WORKPLACE.

THE LEWIS AND CLARK DISCOVERY INITIATIVE PROVIDES FUNDS TO THE MISSOURI TECHNOLOGY CORPORATION TO PROVIDE LOANS AND GRANTS TO HIGH-TECH SMALL BUSINESS LOCATED IN MISSOURI.

THE MISSOURI TECHNOLOGY INVESTMENT PROGRAM FUNDS INNOVATION CENTERS AROUND THE STATE WHOSE PURPOSE IS TO PROVIDE VITAL SERVICES TO TECHNOLOGY STARTUPS OFFERING AN ENVIRONMENT TO FOSTER GROWTH TO A POINT WHERE THESE STARTUPS ARE MORE LIKELY TO RECEIVE VENTURE INVESTMENTS, CORPORATE AND GOVERNMENT CONTRACTS, AND EVENTUALLY ENTER THE MARKETPLACE. THIS FUNDING SOURCE ALSO SUPPORTS MTC'S CAPITAL FORMATION PROGRAM, THE IDEA FUNDS WHICH PROVIDE CO-INVESTMENT TO ELIGIBLE HIGH-TECH, EARLY STAGE AND STARTUP COMPANIES AND ITS MISSOURI BUILDING ENTREPRENEURIAL CAPACITY (MOBEC) PROGRAM WHICH PROVIDES GRANT FUNDING TO REGIONAL AND LOCAL NON-PROFIT ORGANIZATIONS AND HIGHER EDUCATION INSTITUTIONS TO SUPPORT INITIATIVES THAT ASSIST ENTREPRENEURS OR ENHANCES MISSOURI'S RESEARCH AND COMMERCIALIZATION CAPABILITIES.

THE STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) IS A PROGRAM ADMINISTERED BY THE U.S. DEPARTMENT OF TREASURY TO SUPPORT STATE PROGRAMS TO INCREASE THE AMOUNT OF PRIVATE CAPITAL MADE AVAILABLE TO SMALL BUSINESSES AND TO COVER REASONABLE ADMINISTRATIVE EXPENSES. MTC USES THE SSBCI PROGRAM TO SUPPORT THE HIGH-TECH MISSOURI INNOVATION, DEVELOPMENT AND ENTREPRENEURIAL ADVANCEMENT (IDEA) SEED AND VENTURE CAPITAL FUNDS DESIGNED TO HELP HIGH-TECH MISSOURI ENTREPRENEURS TO ACCELERATE PRIVATE INVESTMENT IN MISSOURI TECHNOLOGY EARLY-STAGE COMPANIES AND TO CREATE NEW, HIGH-TECH JOBS IN THE STATE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Victoria BensonINTERIM EXECUTIVE DIRECTOR40$41,757
Jack ScatizziEXECUTIVE DIRECTOR 02/20-PRESENT40$40,897
Travis FitzwaterDIRECTOR0.5$0
Dan CobbDIRECTOR2$0
Mark McintoshDIRECTOR0.5$0
Rob DixonDIRECTOR1.5$0
Dan HegemanDIRECTOR0.5$0
Erwin SwitzerDIRECTOR2.5$0
Lisa NicholsDIRECTOR0.5$0
Michael Oconnell IiiDIRECTOR1.5$0
Donn RubinDIRECTOR1.5$0
Garry KempDIRECTOR1.5$0
Dedric CarterVICE CHAIR1.5$0
Jason HallCHAIR5$0
Jim BakerSECRETARY/TREASURER4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013049349301596_public.xml