Innovation for green advanced transportation excellence development
Innovation for green advanced transportation excellence development
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About this organization
Mission
Foster technology-based economic development for positive social impact in the Tri-Valley, CA region.
About
I-GATE Development Corporation provides services to its sister non-profit, Nest Incubator, through the lease of a 14,288 s.f. commercialization center consisting of office, research, and warehouse space situated near two Department of Energy national laboratories in Livermore, CA (Lawrence Livermore Lab and Sandia Labs). The commercialization center provides meeting space for technology events and ongoing small-business seminars provided by agencies such as SBDC and MANEX, and the center houses several tenants who are start-up firms working on innovative and green transportation technologies. I-GATE Development Corporation supports Nest Incubator and its economic development programs by managing overhead, office supplies, maintenance, bookkeeping, and other costs associated with the facility and ongoing seminars.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “The organization's primary exempt purpose is to foster technology-based economic development for positive social impact in the tri-valley california region, supporting new science and technology companies to develop green transportation and clean energy technologies.”.
When referring to its actions, they were described as: “Foster technology-based economic development for positive social impact in the tri-valley, ca region.”.
- According to the law, the state of operation reported by the non-profit is CA.
- As per the filing, the address of the non-profit for 2020 is 1911 SECOND STREET, LIVERMORE, CA, 94550.
- According to their form, the non-profit as of 2020 has a total of 2 employees.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $56,430.
- The organization has 6 independent voting members.
- The organization was formed in 2010.
- The organization pays $59,083 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.