Overview
What is Missouri Innovation Center Inc?
Missouri Innovation Center Inc is a nonprofit organization situated in Columbia, Missouri. Their primary goal is to support entrepreneurs in launching new ventures, aiming to enhance lives and stimulate economic growth in mid-Missouri. They accomplish this by engaging with 17 resident and 12 non-resident clients, operating an incubator space, and collecting rents to cover operational costs. Three companies have successfully graduated from their incubation program. Moreover, Missouri Innovation Center assists entrepreneurs in securing grants and private equity capital. Their clients have managed to raise an impressive total of $17.9 million in private capital and $3 million in government grants (SBIR/STTR funds). This collaborative effort has resulted in the creation of 40 direct jobs and an additional 40 indirect jobs within the local community.
Official website here: www.missouriinnovation.com
Is Missouri Innovation Center Inc legitimate?
Missouri Innovation Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri 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: $187,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $93,347
For more financial information, click here
Official website here: www.missouriinnovation.com
What is the mission statement of Missouri Innovation Center Inc?
Missouri Innovation Center Inc's mission is centered around supporting entrepreneurs in Mid Missouri as they develop high-growth ventures. The primary goal is to enhance lives and stimulate economic growth. The organization achieves this by nurturing entrepreneurs, providing assistance in launching new ventures, and operating an incubator space. Missouri Innovation Center Inc has worked with 17 resident clients and 12 non-resident clients, collecting rents from the companies to offset incubator space costs. The center has also facilitated the graduation of three companies from its incubation program. Beyond incubation, Missouri Innovation Center Inc assists entrepreneurs in securing grants and equity capital. Their clients have successfully raised $17.9 million in private capital and $3 million in governmental capital through SBIR/STTR grants. As a result, these client companies have created 40 direct jobs and an additional 40 indirect jobs, contributing to the overall economic growth.
Official website here: www.missouriinnovation.com
Who is the CEO of Missouri Innovation Center Inc?
Quinten Messbarger is the Chairman of Missouri Innovation Center Inc. The CEO's salary of Missouri Innovation Center Inc is $0 and their total compensation is $0.
Official website here: www.missouriinnovation.com
What is the revenue of Missouri Innovation Center Inc?
Missouri Innovation Center Inc's revenue in 2022 was $697,561.
Official website here: www.missouriinnovation.com
Who are the executives of Missouri Innovation Center Inc and what are their salaries?
- David Keller (Chairman) [Trustee/Director]
- Mark Gingrich (Treasurer) [Trustee/Director]
- Brant Bukowsky (Director)
- Ajay Vinze (Director)
- Eugene Gerke (Director)
- Carolyn Henry (Director)
- Chris Daubert (Director)
- Brian Treece (Director)
- Jeff Lashley (Vice Chair/Sec) [Trustee/Director]
- Randa Rawlins (Director)
- Noah Manring (Director)
- Tom Spencer (Director)
- Bill Fay (Director)
- Kelsey Raymond (Director)
- Justin Aldred (Director)
- Stacey Button (Director)
- Matt Mccormick (Director)
- Steve Guthrie (Director)
- Bill Turpin (President And Ceo (Through 3/22))
- Quinten Messbarger (Interim President And Ceo (Starting 5/22))
Official website here: www.missouriinnovation.com
Where can I find the form 990 for Missouri Innovation Center Inc?
The Missouri Innovation Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.missouriinnovation.com
Learn more at the official website: www.missouriinnovation.com
Mission Statement of Missouri Innovation Center Inc
Missouri Innovation Center Inc, a nonprofit organization, is dedicated to nurturing entrepreneurs as they develop high-growth ventures in mid-Missouri. Their mission is to contribute to the betterment of lives and stimulate economic growth by providing support to these entrepreneurs. The center assists in launching new ventures, engaging with 17 resident clients and 12 non-resident clients. Additionally, Missouri Innovation Center Inc operates an incubator space, collecting rents from the companies to offset the costs of running the space. They have successfully graduated three companies from their incubation program.
Beyond launching new ventures, Missouri Innovation Center Inc also aids entrepreneurs in raising both private and government capital. Their clients have managed to secure $17.9 million in private capital and $3 million in government grants (SBIR/STTR grants). This financial support has resulted in the creation of 40 actual jobs and an additional 40 indirect jobs by the client companies. Missouri Innovation Center Inc plays a crucial role in supporting entrepreneurs in mid-Missouri, contributing to the growth of the local economy and the improvement of lives through innovative ventures.
Impact
This information is meant to be a general summary of Missouri Innovation Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Missouri Innovation Center Inc's impact can be seen in the nurturing of entrepreneurs creating high-growth ventures in Mid Missouri, resulting in improved lives and economic growth. The center assists entrepreneurs in launching new ventures, with 17 resident clients and 12 non-resident clients engaged. Through its operations of an incubator space, Missouri Innovation Center collects rents from companies, offsetting costs. Three companies have graduated from the incubation program. Additionally, the center helps entrepreneurs raise grants and equity capital, with clients securing $17.9 million in private capital and $3 million in government capital. Client companies have created 40 actual jobs and an additional 40 indirect jobs, contributing to community improvement in Columbia, MO.
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.
INCUBATOR RENTAL SERVI
Revenue
$439,960
MTC CONTRACT INCOME
Revenue
$159,860
INCUBATOR TENANT SERVI
Revenue
$25,632
Organization Details
Founding Year
1984
Phone
(573) 884-0496
Principal Officer
Quinten Messbarger
Main Address
1601 S PROVIDENCE RD, COLUMBIA, MO, 65211
Website
www.missouriinnovation.com
NTEE Category
Code: S43 - Community improvement
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