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Ignite Technology and Innovation Inc.
Ignite Technology and Innovation Inc.
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About this organization
Revenue
$249,168
Expenses
$202,479
Mission
The Organization catalyzes economic development in underserved communities by providing access to technology, STEM and other innovative program in the collaborative technology spaces we develop.
About
Ignite's technology co-working space serving as a business incubator and technology center to assist existing and new businesses located in economically depressed or blighted areas. Ignite's target markets are Low Income Community (LIC), Enterprise Zones (EZ) and Opportunity Zones which are intended to encourage investment in distressed area with a specific focus of new and start up minority owned business and entrepreneurs.
Interesting data from their 2019 990 filing
According to the filing, the non-profit's mission is “The organization catalyzes economic development in underserved communities by providing access to technology, stem and other innovative program in the collaborative technology spaces we develop.”.
When referring to its actions, they were described as: “The organization catalyzes economic development in underserved communities by providing access to technology, stem and other innovative program in the collaborative technology spaces we develop.”.
- According to the law, the state of operation reported by the non-profit is IL.
- As per the filing, the address of the non-profit for 2019 is 4103 Vincennes Ave, Chicago, IL, 60653.
- According to their form, the non-profit as of 2019 has a total of 2 employees.
- 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.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $46,689.
- The CEO's salary plan within the organization is not subject to review and endorsement by a neutral party.
- The organization has 0 independent voting members.
- The organization was formed in 2018.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $4,239 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
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