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Battery Innovation Center Institute

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

EIN: 454763202 ✦ Newberry, IN ✦ Designated as a 501(c)(3)

Overview

What is Battery Innovation Center Institute?

The Battery Innovation Center Institute, located in Newberry, Indiana, serves as a nonprofit organization with a mission to boost awareness and provide resources for local research and development in the advanced energy storage industry. Their primary objective is to foster economic growth and establish Indiana as a leading global hub in this sector. The Institute encourages and promotes the business interests of Indiana's advanced energy storage industry, working diligently to enhance its standing and development. With a team of 31 dedicated individuals, the Battery Innovation Center Institute is committed to bolstering the industry and contributing to Indiana's overall economic prosperity.


Official website here: www.bicindiana.com

Is Battery Innovation Center Institute legitimate?

Battery Innovation Center Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Battery Innovation Center Institute 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: $1,611,265

For more financial information, click here


Official website here: www.bicindiana.com

What is the mission statement of Battery Innovation Center Institute?

The Battery Innovation Center Institute's mission is aimed at enhancing awareness and securing resources for research and development in the advanced energy storage industry within the region. The primary objective is to foster economic development and establish the region as a global leader in this sector. Additionally, the institute works towards encouraging and promoting the business interests of the local advanced energy storage industry. In essence, its mission is to contribute to the growth and success of the advanced energy storage industry within the specified region.


Official website here: www.bicindiana.com

Who is the CEO of Battery Innovation Center Institute?

Benjamin Wrightsman is the President/Ce of Battery Innovation Center Institute.


Official website here: www.bicindiana.com

What is the revenue of Battery Innovation Center Institute?

Battery Innovation Center Institute's revenue in 2022 was $5,355,900.


Official website here: www.bicindiana.com

Who are the executives of Battery Innovation Center Institute and what are their salaries?

The average compensation at Battery Innovation Center Institute during 2022 was $51,976. There are 31 employees at Battery Innovation Center Institute.

Here are 5 key members and their salaries:

    Benjamin Wrightsman (President/Ce)
  • Compensation: $167,848
  • Related: $0
  • Other: $0

    • Chad Pittman (Treasurer/Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Brad Ellsworth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Mitchell (Secretary/Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bicindiana.com

    Where can I find the form 990 for Battery Innovation Center Institute?

    The Battery Innovation Center Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bicindiana.com

    Learn more at the official website: www.bicindiana.com

    Mission Statement of Battery Innovation Center Institute

    The Battery Innovation Center Institute is dedicated to enhancing awareness and increasing resources for advanced energy storage research and development in Indiana. Its mission is twofold: first, to foster economic development in the state by positioning Indiana as a global leader in the advanced energy storage industry. Second, the institute aims to encourage and promote the business interests of Indiana's advanced energy storage industry. By achieving these objectives, the Battery Innovation Center Institute aims to bolster the industry's growth and contribute to Indiana's standing as a significant player in the global advanced energy storage market.

    Impact

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




    Saturday, July 20, 2024

    The Battery Innovation Center Institute's impact is focused on enhancing awareness and increasing resources for Indiana-based research and development in the advanced energy storage industry. By doing so, the institute aims to foster economic development, position Indiana as a global leader in the advanced energy storage industry, and promote the business interests of Indiana's advanced energy storage industry. This work is crucial for driving innovation, creating job opportunities, and supporting the growth of the energy storage sector in Indiana.





    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: $25,000
  • Program Service Revenue: $4,907,071
  • Gross Receipts: $5,355,900

    • Assets and Liabilities:
  • Total Assets: $10,082,604
  • Total Liabilities: $6,246,241
  • Net Assets: $3,836,363
  • Programs

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

    FACILITY USE

    Revenue

    $3,493,656

    EDA/IEDC GRANT REIMB INCOME

    Revenue

    $1,142,483

    BIC SHORT COURSE

    Revenue

    $265,350

    ANNUAL STAKEHOLDER LUNCHEON

    Revenue

    $5,582

    Organization Details

    Founding Year

    2012

    Principal Officer

    Benjamin Wrightsman

    Main Address

    7970 S ENERGY DRIVE, NEWBERRY, IN, 47449

    NTEE Category

    Code: U40 - Science research

    If you are a representative of Battery Innovation Center Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.