Overview
What is Nextcorps Inc?
Nextcorps Inc, based in Rochester, New York, is a nonprofit organization dedicated to stimulating growth in the Greater Rochester technology sector. They facilitate the identification, development, and incubation of new business opportunities, particularly in the clean energy sector. Their initiatives include operating a high-tech incubator, helping startups scale their prototypes, and conducting related workshops. Nextcorps functions as a catalyst for entrepreneurship and innovation-driven economic development, applying business expertise and network connections to aid in the formation and profitable growth of companies in the region.
Official website here: www.nextcorps.org
Is Nextcorps Inc legitimate?
Nextcorps Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nextcorps Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,598,146
For more financial information, click here
Official website here: www.nextcorps.org
What is the mission statement of Nextcorps Inc?
Nextcorps Inc functions as a catalyst for entrepreneurship and innovation-driven economic development. They utilize business expertise and network connections to foster the formation and profitable growth of companies. Through active facilitation, they identify and develop new business opportunities within the technology sector. This includes operating a high-tech incubator and a program that helps startups in the "clean energy" sector refine their prototype product for mass production. Additionally, they conduct related workshops to engage and support entrepreneurs and emerging companies.
Official website here: www.nextcorps.org
Who is the CEO of Nextcorps Inc?
James S Senall is the Director - Thru Nov 2021 of Nextcorps Inc.
Official website here: www.nextcorps.org
What is the revenue of Nextcorps Inc?
Who are the executives of Nextcorps Inc and what are their salaries?
- Peter G Robinson (Director & Chairman)
- Theresa B Mazzullo (Director)
- Kurt Gelke (Director - Thru Nov 2021)
- Joseph Rizzo (Director)
- Debbie Stendardi (Director - Thru Feb 2022)
- Christine B Whitman (Director)
- Lori Green (Director, Vice Chair & Sec)
- James S Senall (Director & President)
- Arunas Chesonis (Director)
- John D Mccurdy (Director & Treasurer)
- Dana Miller (Director)
- Jay Popli (Director)
- Bill Strassburg (Director - Thru Feb 2022)
- Dan Cuniffe (Director)
- Ryne Raffaelle (Director)
- Joe Wesley (Director)
- Ana Liss (Director - As Of Aug 2021)
- Dan Burns (Director - As Of Feb 2022)
- Sujatha Ramanujan (Managing Director, Luminate)
- Candice Sheffer (Managing Director, Finance)
Official website here: www.nextcorps.org
Where can I find the form 990 for Nextcorps Inc?
The Nextcorps Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nextcorps.org
Learn more at the official website: www.nextcorps.org
Mission Statement of Nextcorps Inc
Nextcorps Inc, a catalyst for entrepreneurship and innovation-driven economic development, utilizes business expertise and network connections to foster the formation and profitable growth of companies in the greater Rochester and Finger Lakes region. The organization's mission is geared towards stimulating the growth of the technology-based business sector by actively facilitating the identification, development, and incubation of new business opportunities.
To accomplish this, Nextcorps Inc operates a high-technology incubator that helps startup companies, particularly those in the "clean energy" sector, develop a comprehensive roadmap for scaling their prototype product into a design that is easy to manufacture and mass-produce in New York State. The incubator provides these emerging companies with the necessary resources and support to transform their ideas into thriving businesses.
In addition to its incubator program, Nextcorps Inc engages over 200 entrepreneurs and emerging companies through related workshops. These events offer valuable insights, learning opportunities, and networking possibilities, enabling participants to expand their knowledge, skills, and connections in the business world. By applying business expertise and fostering a supportive community, Nextcorps Inc plays a vital role in nurturing the entrepreneurial spirit and driving economic growth within the greater Rochester and Finger Lakes region.
Impact
This information is meant to be a general summary of Nextcorps Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Nextcorps Inc's impact is significant in stimulating the growth of the technology-based business sector in the Greater Rochester and Finger Lakes region. Through actively facilitating the identification, development, and incubation of new business opportunities, Nextcorps Inc serves as a catalyst for entrepreneurship and innovation-based economic development. By operating a high-technology business incubator, providing programs to help startup companies in the clean energy sector scale their products, and hosting workshops that engage hundreds of entrepreneurs and emerging companies, Nextcorps Inc plays a crucial role in supporting the formation and profitable growth of companies in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT INCOME
Revenue
$3,341,424
INCUBATOR RENT
Revenue
$339,093
MISCELLANEOUS RENT
Revenue
$123,776
SEMINAR INCOME
Revenue
$32,500
OTHER INCOME
Revenue
$29,704
Organization Details
Founding Year
1987
Phone
(585) 214-2400
Principal Officer
James S Senall
Main Address
260 E MAIN STREET 6000, ROCHESTER, NY, 14604
Website
www.nextcorps.org
NTEE Category
Code: V200 - Social research
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