Daffy

Innovation Works, Inc.

Innovation Works, Inc.

Pittsburgh, PA 15212
Tax ID25-1588611

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About this organization

Revenue

$17,409,236

Expenses

$12,471,434

Mission

Our mission is to invest in, connect, support and expand the startup & entrepreneurial ecosystem within Southwestern Pennsylvania, making our region a center for innovative startups and tech investors from around the country.

About

See Schedule O

Interesting data from their 2019 990 filing

From their filing, the objective of the non-profit is stated as “See schedule oinnovation works' mission is to increase the success rate of the region's technology and technology adopting companies through direct investment, business assistance, and infrastructure development. underlying iw's mission is the belief that innovation is a key engine of growth for the southwestern pennsylvania region. activities undertaken by innovation works in pursuit of this mission have resulted in significant community development benefits, including creation of jobs, attraction of investment, and increased competitive advantage for companies located in southwestern pennsylvania.”.

When talking about its functions, they were outlined as: “Innovation works' mission is to increase the success rate of the region's technology and technology adopting companies through direct investment, business assistance, and infrastructure development. underlying iw's mission is the belief that innovation is a key engine of growth for the southwestern pennsylvania region. activities undertaken by innovation works in pursuit of this mission have resulted in significant community development benefits, including creation of jobs, attraction of investment, and increased competitive advantage for companies located in southwestern pennsylvania.”.

  • The legally reported state of operation for the non-profit is PA.
  • According to the filing, the non-profit's address in 2019 is TWO ALLEGHENY CENTER NO 100, PITTSBURGH, PA, 15212.
  • The non-profit organization as of 2019 has a total of 32 employees reported on their form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $4,937,802.
  • The organization has 6 independent voting members.
  • The organization was formed in 1988.
  • The organization pays $5,037,553 in salary, compensation, and benefits to its employees.
  • The organization pays $13,279 in fundraising expenses.

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