VECTEC · Newport News, VA United States
Company Description
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This link will open in a new window VECTEC (Virginia Electronic Commerce Technology Center) provides e-commerce technology and services as well as education to small and medium-sized businesses, especially rural ones, in Virginia. The not-for-profit enterprise works with more than 150 business and government entities including The Smithfield Companies , Bennette Paint Manufacturing, and The Diabetes Institutes Foundation. VECTEC is housed on the campus of Christopher Newport University and has satellite offices in Lebanon, Virginia and South Boston, Virginia. It was founded in 1994 as SEVAnet, the Southeastern Virginia Regional Network, and became VECTEC in 1997. To read the full description, subscribe now.
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Key VECTEC Financials
| Company Type | Private - Not-for-Profit Branch |
| Fiscal Year-End | June |
VECTEC Executives
7 executives listed for VECTEC's Newport News, VA location.
| Title | Name & Bio | Contact |
| Chairman | Leroy Newman | Network |
| Office Manager | Marty McCoy | Network |
| Southwest Virginia Regional Director | Mikki Barker | Network |
Competition
Competitive Landscape for VECTEC
Demand is driven by the need to represent special interests or provide social services that can't be met by the market or government. Organizations receive nonprofit status because their primary purpose is religious, charitable, scientific, literary, or educational in nature. Their purpose must be to serve the public good versus a private interest. The success of nonprofits often depends on efficient operations and their ability to match expenses with fluctuating revenues. Large nonprofits have advantages in fundraising due to strong name recognition. Small nonprofits can be successful if they serve a dedicated membership or have a dependable source of revenue. The industry is labor-intensive: the average annual wage for a nonprofit sector employee is about $35,000. To read the full description, subscribe now.Top VECTEC Competitors
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