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Innovation Marquette Enterprise Corporation

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

EIN: 473721222 ✦ Marquette, MI ✦ Designated as a 501(c)(3)

Overview

What is Innovation Marquette Enterprise Corporation?

Innovation Marquette Enterprise Corporation, based in Marquette, Michigan, is a flourishing nonprofit organization currently employing nine individuals. With a mission to nurture and empower innovators, inventors, researchers, and entrepreneurs, the corporation serves as a business accelerator. By partnering with local assets and organizations, it aims to transform its community and region into a globally recognized hub for entrepreneurial endeavors. This includes fostering the creation of new tech-based business start-ups, which in turn helps retain existing jobs and stimulates local economic growth. The corporation provides essential support and services to its target demographic, aiming to contribute significantly to the region's entrepreneurial ecosystem.


Official website here: www.innovatemarquette.org/about-us/

Is Innovation Marquette Enterprise Corporation legitimate?

Innovation Marquette Enterprise Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovation Marquette Enterprise Corporation 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: $138,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,130

For more financial information, click here


Official website here: www.innovatemarquette.org/about-us/

What is the mission statement of Innovation Marquette Enterprise Corporation?

Innovation Marquette Enterprise Corporation serves as a non-profit business accelerator, offering support and resources to innovators, inventors, researchers, and entrepreneurs. Its mission is to aid in the transformation of the community and region into a thriving entrepreneurial ecosystem. This involves partnering with other community assets and organizations to foster the creation of new tech-based business start-ups and various entrepreneurial initiatives. These endeavors aim to generate new job opportunities and retain existing ones, ultimately contributing to the growth and development of the entrepreneurial sector.


Official website here: www.innovatemarquette.org/about-us/

Who is the CEO of Innovation Marquette Enterprise Corporation?

Joseph A Thiel is the Ceo of Innovation Marquette Enterprise Corporation. The CEO's salary of Innovation Marquette Enterprise Corporation is $138,669 and their total compensation is $138,669.


Official website here: www.innovatemarquette.org/about-us/

What is the revenue of Innovation Marquette Enterprise Corporation?

Innovation Marquette Enterprise Corporation's revenue in 2022 was $1,649,387.


Official website here: www.innovatemarquette.org/about-us/

Who are the executives of Innovation Marquette Enterprise Corporation and what are their salaries?

The average compensation at Innovation Marquette Enterprise Corporation during 2022 was $57,978. There are 9 employees at Innovation Marquette Enterprise Corporation.

Here are 17 key members and their salaries (Innovation Marquette Enterprise Corporation's CEO's salary is $138,669 and their total compensation is $138,669):

    Joseph Thiel (Ceo)
  • Compensation: $138,669
  • Related: $0
  • Other: $0

    • Thomas Anthos (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Lyons (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Link (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Spencer Stang (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Nyberg (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth Solinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Losinksi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Carpenter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Anne White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Kovacs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Leisenring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Hartman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brock Tessman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Macinnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Molnar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.innovatemarquette.org/about-us/

    Where can I find the form 990 for Innovation Marquette Enterprise Corporation?

    The Innovation Marquette Enterprise Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.innovatemarquette.org/about-us/

    Learn more at the official website: www.innovatemarquette.org/about-us/

    Mission Statement of Innovation Marquette Enterprise Corporation

    Innovation Marquette Enterprise Corporation, as a non-profit business accelerator, is dedicated to providing support and services to innovators, inventors, researchers, and entrepreneurs. Their mission is to foster an environment that nurtures the growth of new tech-based business start-ups and other entrepreneurial endeavors. By partnering with other community assets and organizations, this non-profit aims to transform the community and region into a world-class entrepreneurial ecosystem. This transformation will not only create new jobs but also help retain existing ones, thereby contributing to the overall development and progress of the entrepreneurial sector.

    Impact

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




    Saturday, July 20, 2024

    Innovation Marquette Enterprise Corporation's impact lies in its role as a catalyst for fostering innovation, entrepreneurship, and economic growth within the Marquette community and beyond. Through its non-profit business acceleration programs and support services, the organization empowers innovators, inventors, researchers, and entrepreneurs to transform their cutting-edge ideas into successful tech-based startups and other entrepreneurial ventures. By doing so, Innovation Marquette Enterprise Corporation contributes to the creation of new job opportunities, the retention of existing ones, and the overall enhancement of the local entrepreneurial ecosystem. This impact is essential in driving community improvement and advancing the region towards becoming a distinguished hub for innovation and business development.





    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: $1,100
  • Program Service Revenue: $1,486,549
  • Gross Receipts: $1,649,387

    • Assets and Liabilities:
  • Total Assets: $2,836,209
  • Total Liabilities: $1,673,757
  • Net Assets: $1,162,452
  • Programs

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

    EVENT INCOME

    Revenue

    $2,000

    MANAGEMENT SERVICES

    Revenue

    $207,362

    LDFA TIF FUNDING

    Revenue

    $1,277,187

    Organization Details

    Founding Year

    2015

    Principal Officer

    Joseph A Thiel

    Main Address

    101 WEST WASHINGTON APT 11, MARQUETTE, MI, 49855

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Innovation Marquette Enterprise Corporation 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.