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Incubator Kitchen Collective Co

Incubator Kitchen Collective Co

Newport, KY 410710441
Tax ID81-4918647

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About this organization

Revenue

$224,781

Expenses

$227,075

Mission

The Incubator Kitchen Collective is a community-driven support system that combines resources, knowledge, and experience to help local food entrepreneurs succeed. We provide education, promote food access, and offer support to our kitchen members and to the community around us.

About

Incubator Kitchen Collective creates a shared kitchen space to support food entrepreneurs with an affordable, comprehensive approach. At IKC, food entrepreneurs will find below-market rate licensed kitchen facilities; food-focused entrepreneurial education; a network of markets, investors, mentors and a community of passionate, like-minded peers. During 2018, IKC held four different learning workshops, supported over 35 companies to launch and grow, and started a food education series.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “The incubator kitchen collective is a community-driven support system that combines resources, knowledge, and experience to help local food entrepreneurs succeed. we provide education, promote food access, and offer support to our kitchen members and to the community around us.”.

When detailing its responsibilities, they were listed as: “The incubator kitchen collective is a community-driven support system that combines resources, knowledge, and experience to help local food entrepreneurs succeed. we provide education, promote food access, and offer support to our kitchen members and to the community around us.”.

  • The address of the non-profit for 2020 according to the filing is 517 WEST 7TH STREET, NEWPORT, KY, 41071.
  • The number of employees reported by the non-profit on their form as of 2020 is 3.
  • The non-profit has loans as of 2020.
  • 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 $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$2,294.
  • The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
  • The organization has 2 independent voting members.
  • The organization is required to file Schedule B.
  • The organization pays $46,318 in salary, compensation, and benefits to its employees.
  • The organization pays $288 in fundraising expenses.
  • The organization has minutes of its meetings.

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