2026-02-25T09:55:35-07:00 2025-06-30 990 2024-07-01 201326433 BEN FRANKLIN TECHNOLOGY PARTNERS CORPORATION BENF 6107585200 116 Research Drive Bethlehem PA 180154731 James McManus Assistant Treasurer 6107585230 2026-01-30 1 2024 2025-03-06 01:10:19Z Angelo Valletta 116 Research Drive Bethlehem PA 18015 523364 0 X www.benfranklin.org X 2004 PA Economic Development. The Partners provide monetary, in kind, and other assistance to educational organizations and new business entities seeking to locate in Pennsylvania and existing business entities located in Pennsylvania for advanced technology, research and development, training, education, and related activities, including making investments in or acting as the manager of a fund created to support such business entities. 4 0 0 0 0 0 475038 523364 0 0 0 0 0 0 475038 523364 254842 283293 0 0 0 0 0 0 0 220497 240071 475339 523364 -301 0 234173 412631 231949 410407 2224 2224 Economic Development. The Partners provide monetary, in kind, and other assistance to educational organizations and new business entities seeking to locate in Pennsylvania and existing business entities located in Pennsylvania for advanced technology, research and development, training, education and related activities, including making investments in or acting as the manager of a fund created to support such business entities. 0 0 283293 283293 283293 Economic Development Programs - In the Fall of 2002, Pennsylvania's technology-focused economic development community came together to form the Innovation Partnership (IPart). The Partnership's mission is to assist Pennsylvania's early-stage technology companies to secure a greater share of Federal grant dollars to support innovation and commercialization. Since its inception, the IPart has benefitted from more than $1.5 million in support from the Commonwealth, the Federal Government, and partner organizations. In addition to the Commonwealth's support, the organization received funding from the U.S. Small Business Administration for federal and state technology programs (FAST). 163823 0 163823 Economic development activities supporting the Ben Franklin Technology Partnership in Pennsylvania. 0 0 0 .. 0 0 0 447116 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 0 0 0 PA X James McManus 6107585230 116 Research Drive Bethlehem PA 180154731 X Ven Raju Board Member 2 40 X X 0 569820 55451 Scott Nissenbaum Vice President 2 40 X X 0 453331 46640 Stephen Brawley Board Member 2 40 X X 0 349720 94774 Angelo J Valletta President 2 40 X X 0 353545 26110 Kathy Ann Minnich Assistant Treasurer 2 40 X 0 226666 30234 Ryan Glenn Secretary 2 40 X 0 133318 36618 0 2086400 289827 0 0 1 0 0 0 0 0 240071 263107 20186 0 523364 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 523364 0 0 0 X 283293 283293 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13235 0 13235 0 60000 0 60000 0 0 0 0 0 0 0 100859 100859 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4614 4614 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2194 0 2194 0 Software Subscription 46150 46150 0 0 Conference Sponsorship and Membership Dues 12200 12200 0 0 Miscellaneous 819 0 819 0 523364 447116 76248 0 0 0 136149 161435 0 0 88774 251196 0 0 0 0 0 0 0 0 9250 0 0 0 0 0 0 0 0 0 0 0 234173 412631 151756 345400 0 0 80193 65007 0 0 0 0 0 0 0 0 0 0 0 0 231949 410407 X 2224 2224 0 0 2224 2224 234173 412631 0 0 0 0 0 0 X X 0 1 X 1 0 X X 4 Innovation Works Inc 251588611 7 1 60017 0 BFTP NEPA 232517422 7 1 60018 0 BFTP CNPA 251618093 7 1 60018 0 BFTP SEPA 232527210 7 1 60018 0 4 240071 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section B, Line 1 The Board of Directors consists of 1 representative from each supporting organization 0 0 0 0 0 0 1 60000 0 0 60000 0 Schedule C, Part II-B, Line 1 Federal Legislative Visits. 0 0 X 523364 0 0 0 0 0 523364 0 0 0 523364 523364 0 0 0 0 0 523364 0 0 0 523364 Schedule D, Part X, Line 2 The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except for taxes on income from activities unrelated to their exempt purpose. The Corporation uses a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The Corporation has no uncertain income tax provisions meeting the threshold for accrual in the year ended June 30, 2025 1 Ben Franklin Technology Parterns CNP 115 Technology Center University Park PA 16082 251618093 501 (c)(3) 283293 0 Economic Development Programs - In the Fall of 2002, Pennsylvania's technology-focused economic development community came together to form the Innovation Partnership (IPart). The Partnership's mission is to assist Pennsylvania's early-stage technology companies to secure a greater share of Federal grant dollars to support innovation and commercialization. Since its inception, the IPart has benefitted from more than $1.5 million in support from the Commonwealth, the Federal Government, and partner organizations. In addition to the Commonwealth's support, the organization received funding from the U.S. Small Business Administration for federal and state technology programs (FAST). 1 0 Schedule I, Part I, Line 2 Project Managers are assigned to manage financial reporting and on site monitoring. 0 0 0 0 0 0 0 0 0 Ven Raju Board Member 0 411662 0 158158 0 0 0 41400 0 14831 0 626051 0 0 Kathy Ann Minnich Assistant Treasurer 0 200478 0 25000 0 1188 0 12288 0 17946 0 256900 0 0 Angelo J Valletta President 0 322172 0 30000 0 1373 0 24437 0 1673 0 379655 0 0 Ryan Glenn Secretary 0 136728 0 0 0 -3410 0 12702 0 23915 0 169935 0 0 Stephen Brawley Board Member 0 296403 0 0 0 53317 0 87784 0 6990 0 444494 0 0 Scott Nissenbaum Vice President 0 361166 0 84361 0 7804 0 27748 0 18892 0 499971 0 0 Form 990, Part VI, Section A, Line 8b The Board of Directors handles all business transactions. There are no committees Form 990, Part VI, Section A, Line 9 Stephen Brawley, Ben Franklin Technology Partners of CNPA, 115 Technology Center, University Park, PA 16802 - Ven Raju, Innovation Works, Two Allegheny Center, Pittsburgh, PA 15212 - Scott Nissenbaum, Ben Franklin Technology Partners of SEPA 4801 South Broad Street, Philadelphia, PA 19112. Form 990, Part VI, Section B, Line 11b The 990 was sent to the Board members for their review prior to submission Form 990, Part VI, Section B, Line 12b The 990 was sent to the board members for their review prior to submission. Form 990, Part VI, Section B, Line 12c Conflicts are reviewed at each related organization's board level for conflict of interest Form 990, Part VI, Section C, Line 19 The Organization sends a copy of the 990 and 1023 upon request Form 990, Part VII, Section A, Line 1a All directors and officers are full time employees at their respective organizations. Those listed in Part VII relate to the filing organization. Form 990, Part IX, Line 11g Miscellaneous Consultants were used for the program. Form 990, Part IX, Line 24e Software subscription. Form 990, Part XII, Line 2c The Board of Directors handles oversight. There are no committees. Ben Frankin Technology Partners of CNP 115 Technology Center University Park PA 16802 251618093 Economic Development PA 501(c)(3) 509(a)(1) N/A 0 Ben Franklin Technology Partners of NEP 116 Research Drive Bethlehem PA 18015 232517422 Economic Development PA 501(c)(3) 509(a)(1) N/A 0 Ben Franklin Technology Partners of SEP 4801 South Broad Street Suite 200 Philadelphia PA 19112 232527210 Economic Development PA 501(c)(3) 509(a)(1) N/A 0 Innovation Works Inc Two Allegheny Center Suite 100 Pittsburgh PA 15212 251588611 Economic Development PA 501(c)(3) 509(a)(1) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 Ben Frankin Technology Partners of CNP b 283293 Contracted grant. Ben Frankin Technology Partners of CNP q 70823 Expense reimbursement. Ben Franklin Technology Partners of NEP q 70823 Expense reimbursement. Ben Franklin Technology Partners of SEP q 70823 Expense reimbursement. Innovation Works Inc q 70823 Expense reimbursement.