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Innovation Marquette Enterprise Corporation

Innovation Marquette Enterprise Corporation

Marquette, MI
Tax ID47-3721222

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Amount

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About this organization

Revenue

$598,365

Expenses

$508,771

Mission

Non-profit business accelerator, providing support and services to innovators, inventors, researchers and entrepreneurs.

About

The organization is in its adolescent-growing phase of partnering with other community assets and organizations to help transform the community and region into a world-class entrepreneurial ecosystem supporting innovators, inventors, researchers, and entrepreneurs to create new tech-based business start-ups and other entrepreneurial endeavors that create new jobs and retain existing ones.

Interesting data from their 2019 990 filing

From their filing, the objective of the non-profit is stated as “Non-profit business accelerator, providing support support and services to innovators, inventors, researchers and entrepreneurs.”.

When talking about its functions, they were outlined as: “Non-profit business accelerator, providing support support and services to innovators, inventors, researchers and entrepreneurs.”.

  • The legally reported state of operation for the non-profit is MI.
  • According to the filing, the non-profit's address in 2019 is 1401 PRESQUE ISLE AVE 2301B, MARQUETTE, MI, 49855.
  • The non-profit organization as of 2019 has a total of 5 employees reported on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $89,594.
  • The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
  • The organization elects its board members.
  • The organization has 11 independent voting members.
  • The organization was formed in 2015.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $399,462 in salary, compensation, and benefits to its employees.
  • The organization pays $41,092 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization's financial statements were reviewed by an accountant.

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