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Northeast Indiana Innovation Center Inc

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

EIN: 352097779 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

Overview

What is Northeast Indiana Innovation Center Inc?

The Northeast Indiana Innovation Center Inc, based in Fort Wayne, Indiana, is a distinguished entrepreneurship resource center. For over two decades, it has been committed to fostering a vibrant entrepreneurial community, focusing on the four essential pillars of venture success: capital, talent, workspaces, and networks. With numerous knowledge workers on its Innovation Park campus and programs spread across Northeast Indiana, the center serves as the region's largest and most diverse entrepreneurial ecosystem. Its mission is to put business growth, innovation, and entrepreneurship into action for the benefit of Northeast Indiana, acting as a comprehensive community-oriented support organization.


Official website here: www.niic.net

Is Northeast Indiana Innovation Center Inc legitimate?

Northeast Indiana Innovation Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Indiana Innovation Center 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: $212,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $527,397

For more financial information, click here


Official website here: www.niic.net

What is the mission statement of Northeast Indiana Innovation Center Inc?

The Northeast Indiana Innovation Center Inc is a comprehensive entrepreneurial center with a mission to promote business growth, innovation, and entrepreneurship, working to benefit the wider community, not just Indiana specifically. As a community entrepreneurial support organization, its primary goal is to accelerate the growth and development of innovative businesses, enhancing their chances of success. For over two decades, the center has fostered an entrepreneurial community, aligning and leveraging the four key components of venture success: capital, talent, workspaces, and networks. Today, with numerous knowledge workers on its Innovation Park campus and programs spread across Northeast Indiana, the Northeast Indiana Innovation Center is recognized as the region's largest and most diverse entrepreneurial ecosystem.


Official website here: www.niic.net

Who is the CEO of Northeast Indiana Innovation Center Inc?

Michael Fritsch is the President / of Northeast Indiana Innovation Center Inc.


Official website here: www.niic.net

What is the revenue of Northeast Indiana Innovation Center Inc?

Northeast Indiana Innovation Center Inc's revenue in 2022 was $2,117,873.


Official website here: www.niic.net

Who are the executives of Northeast Indiana Innovation Center Inc and what are their salaries?

The average compensation at Northeast Indiana Innovation Center Inc during 2022 was $46,246. There are 16 employees and 50 volunteers at Northeast Indiana Innovation Center Inc.

Here are 21 key members and their salaries:

    Michael Fritsch (President /)
  • Compensation: $189,518
  • Related: $0
  • Other: $23,027

    • Larry J Mayers (Immediate Pa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Rowland (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Eisenbaumer (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wesse (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Naltner (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Eric Beier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Borror (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Patrick Hess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clair Knapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Macy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Michael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Ottinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mac Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Rae Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nelson Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luke Sermersheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Michael Mirro (Emeritus Fou)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.niic.net

    Where can I find the form 990 for Northeast Indiana Innovation Center Inc?

    The Northeast Indiana Innovation Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.niic.net

    Learn more at the official website: www.niic.net

    Mission Statement of Northeast Indiana Innovation Center Inc

    The Northeast Indiana Innovation Center Inc, as a comprehensive entrepreneurial center, is committed to putting business growth, innovation, and entrepreneurship into action for the benefit of Indiana. This community entrepreneurial support organization's mission is to foster an environment that encourages the success of innovative businesses. For over two decades, the Northeast Indiana Innovation Center has played a significant role in cultivating a vibrant entrepreneurial community, aligning and leveraging the four pillars of venture success: capital, talent, workspaces, and networks. Today, the center, with a large number of knowledge workers on its innovation park campus, is recognized as the region's largest and most diverse entrepreneurial ecosystem, providing programs and resources throughout Northeast Indiana.

    Impact

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




    Thursday, August 15, 2024

    The Northeast Indiana Innovation Center Inc has had a significant impact on the entrepreneurial landscape in Northeast Indiana. By providing comprehensive support and resources for innovative businesses, the NIIC has played a crucial role in accelerating the growth and development of these companies.

    Over the past 23 years, the NIIC has cultivated an entrepreneurial community that focuses on key pillars of venture success such as capital, talent, workspaces, and networks. With a diverse range of programs and services, the NIIC has become the region's largest and most dynamic entrepreneurial ecosystem.

    Through its efforts, the NIIC has not only supported the success of individual businesses but has also contributed to the overall economic development and improvement of the community. Its commitment to putting business growth, innovation, and entrepreneurship to work in Northeast Indiana has resulted in a positive impact on the region's entrepreneurial spirit and economic vitality.





    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: $50,704
  • Program Service Revenue: $799,735
  • Gross Receipts: $2,181,533

    • Assets and Liabilities:
  • Total Assets: $9,489,244
  • Total Liabilities: $663,044
  • Net Assets: $8,826,200
  • Programs

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

    PROGRAM SERVICE FEES

    Revenue

    $745,585

    INNOVATIVE PROPERTY MGMT GR

    Revenue

    $54,150

    Organization Details

    Founding Year

    2000

    Principal Officer

    Michael Fritsch

    Main Address

    3201 STELLHORN ROAD, FORT WAYNE, IN, 46815

    NTEE Category

    Code: S30 - Community improvement

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