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Cortex

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300082817 ✦ St louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Cortex?

Cortex is a thriving nonprofit organization based in St. Louis, Missouri, founded in 2002. It serves as the manager of St. Louis Land Company (SLLC), a Missouri limited liability company, which holds and develops a 200-acre tract of land in midtown St. Louis. Cortex's primary mission is to create St. Louis' premier innovation hub in bioscience and technology research, development, and commercialization. By master-developing an innovation district, Cortex translates university research into new scientific breakthroughs, fosters entrepreneurial endeavors, and provides training for new economy jobs in bioscience, cybersecurity, and technology. With a team of 23 employees, Cortex generates equitable economic impacts by leveraging high-quality facilities, developing knowledge and networking programs, and attracting and supporting emerging and established companies.


Official website here: www.cortexstl.org

Is Cortex legitimate?

Cortex is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cortex 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: $1,021,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,563

For more financial information, click here


Official website here: www.cortexstl.org

What is the mission statement of Cortex?

Cortex is a thriving innovation hub founded in 2002, dedicated to translating university research into commercial applications in the fields of bioscience and technology. Its mission revolves around creating a premier research, development, and commercialization center that serves as an anchor for innovative startup programs and established companies. By developing programs, building networks, and fostering strategic partnerships, Cortex aims to revitalize urban areas and contribute to the growing ecosystem of innovative businesses. In addition to managing real estate developments, Cortex also oversees a land holding entity, leveraging high-quality facilities and urban revitalization efforts to create equitable economic impacts.


Official website here: www.cortexstl.org

Who is the CEO of Cortex?

Salvatore J Fiorello is the Principal Officer of Cortex. The CEO's salary of Cortex is $415,000 and their total compensation is $459,901.


Official website here: www.cortexstl.org

What is the revenue of Cortex?

Cortex's revenue in 2022 was $34,866,238.


Official website here: www.cortexstl.org

Who are the executives of Cortex and what are their salaries?

The average compensation at Cortex during 2022 was $55,953. There are 23 employees at Cortex.

Here are 30 key members and their salaries (Cortex's CEO's salary is $415,000 and their total compensation is $459,901):

    Sam Fiorello (President & Ceo) [Trustee/Director]
  • Compensation: $415,000
  • Related: $0
  • Other: $44,901

    • Natalie Self (Senior Vice President)
  • Compensation: $191,923
  • Related: $0
  • Other: $34,081

    • Mike Bozovich (Assistant Treasurer)
  • Compensation: $195,361
  • Related: $0
  • Other: $29,355

    • Brian Russell (Vice President)
  • Compensation: $172,125
  • Related: $0
  • Other: $27,791

    • Gabriela Ramirez-Arellano (Vice President)
  • Compensation: $127,994
  • Related: $0
  • Other: $25,858

    • Elizabeth Letscher (Former Vice President)
  • Compensation: $113,748
  • Related: $0
  • Other: $18,785

    • Amy Kimball (Assistant Secretary)
  • Compensation: $75,398
  • Related: $0
  • Other: $22,666

    • Robert Cannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • June M Fowler (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Liekweg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Kweskin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dedric Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Olliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Pestello (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barnali Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Guenther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Sobolik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Spilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Basic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Cardillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Bobick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan Holloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donn Rubin (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Sindecuse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Wyse-Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Crim (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Boyd (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Richardson (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cortexstl.org

    Where can I find the form 990 for Cortex?

    The Cortex’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cortexstl.org

    Learn more at the official website: www.cortexstl.org

    Mission Statement of Cortex

    Cortex, a thriving center of research, technology, and entrepreneurial exchange founded in 2002, is on a mission to create the Midwest's premier innovation hub in bioscience and technology research, development, and commercialization. This organization serves as the anchor of a growing ecosystem for innovative startup programs and established companies in urban revitalization.

    Cortex's role extends beyond the acquisition and development of real estate in the Cortex Innovation District. It also manages St. Louis Land Company, a land holding entity in the revitalization of an approximate 200-acre tract of land in Midtown St. Louis. This center of research, technology, and entrepreneurial exchange aims to foster new scientific breakthroughs and businesses by translating university research, providing programs that build knowledge and networks, and convening strategic partnerships that attract and support emerging and established companies.

    Cortex's mission is expertly designed to serve as an inclusive economic engine for the region. It achieves equitable economic impacts by leveraging high-quality facilities, developing programs that foster innovation and collaboration, and building strategic partnerships that strengthen the innovation ecosystem. By serving as the master developer of the Cortex Innovation District and the manager of St. Louis Land Company, Cortex incurs expenses in developing and maintaining the properties, positioning itself as a vital catalyst for economic growth and innovation in the Midwest.

    Impact

    This information is meant to be a general summary of Cortex. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cortex's impact is substantial in driving research, technology, and entrepreneurial exchange in St. Louis. It serves as a vibrant economic engine for the region by translating university research into new businesses, fostering scientific breakthroughs, and training individuals for new economy jobs in bioscience, cybersecurity, and technology. Cortex creates equitable economic impacts by leveraging top-notch facilities, developing knowledge-building programs, and fostering strategic partnerships to support emerging and established companies. Additionally, Cortex manages a significant land holding entity in the revitalization of a 200-acre tract of land in Midtown St. Louis, aiming to create a center for research, technology, and entrepreneurial activity. By fulfilling its mission to develop the Midwest's premier innovation hub, Cortex is at the forefront of advancing St. Louis' ecosystem for innovation and economic growth, making a tangible impact on community improvement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $287,491
  • Program Service Revenue: $3,443,332
  • Gross Receipts: $34,866,238

    • Assets and Liabilities:
  • Total Assets: $94,531,680
  • Total Liabilities: $35,398,898
  • Net Assets: $59,132,782
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GROSS RENTAL INCOME

    Revenue

    $3,443,332

    Organization Details

    Founding Year

    2002

    Principal Officer

    Salvatore J Fiorello

    Main Address

    4240 DUNCAN 200, ST LOUIS, MO, 63110

    NTEE Category

    Code: S20 - Community improvement

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