Overview
What is First Flight Venture Center Inc?
First Flight Venture Center Inc, located at 2 Davis Drive, Research Triangle Park, NC 27709, serves as a science incubator, providing flexible lease options for over 30 North Carolina technology companies. Their mission is to propel early-stage science companies by offering comprehensive resources, enabling innovators to transform their ideas into successful businesses. The center introduces these tech firms to potential investors and aids entrepreneurs in strategizing their patent estates, providing non-dilutive funding strategies, advanced prototyping, laboratory, and office leases. With a Team of 20 employees, First Flight Venture Center Inc is dedicated to supporting the growth of North Carolina's technology industry.
Official website here: www.ffvcnc.org
Is First Flight Venture Center Inc legitimate?
First Flight Venture Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Flight Venture 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: $156,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,239
For more financial information, click here
Official website here: www.ffvcnc.org
What is the mission statement of First Flight Venture Center Inc?
First Flight Venture Center Inc's mission is to drive the growth of early-stage science companies. They achieve this by offering comprehensive resources, providing flexible leases, and assisting innovators in transforming their ideas into successful businesses. The center offers flexible terms and pricing for North Carolina technology entrepreneurs, including non-dilutive funding strategies, advanced prototyping, laboratory, and office leases. Furthermore, First Flight Venture Center Inc introduces these companies to potential investors and aids entrepreneurs in developing effective patent strategies to enhance their patent estates.
Official website here: www.ffvcnc.org
Who is the CEO of First Flight Venture Center Inc?
Krista Covey is the President of First Flight Venture Center Inc.
Official website here: www.ffvcnc.org
What is the revenue of First Flight Venture Center Inc?
First Flight Venture Center Inc's revenue in 2022 was $1,426,319.
Official website here: www.ffvcnc.org
Who are the executives of First Flight Venture Center Inc and what are their salaries?
The average compensation at First Flight Venture Center Inc during 2022 was $11,992. There are 20 employees and 54 volunteers at First Flight Venture Center Inc.
Here are 10 key members and their salaries:
- Krista Covey (President)
- Jean Davis (Director)
- Peter Ginsberg (Treasurer) [Trustee/Director]
- Paula Henderson (Director)
- Lebone Moses (Director)
- Mary Musacchia (Board Chair) [Trustee/Director]
- Jim Nichols (Director)
- Dan O'Korn (Director)
- Mary Beth Thomas (Director)
- Ken Tindall (Secretary) [Trustee/Director]
Official website here: www.ffvcnc.org
Where can I find the form 990 for First Flight Venture Center Inc?
The First Flight Venture Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ffvcnc.org
Learn more at the official website: www.ffvcnc.org
Mission Statement of First Flight Venture Center Inc
First Flight Venture Center Inc is dedicated to propelling early-stage science companies towards success. Their mission is to empower innovators by delivering comprehensive resources, enabling them to transform promising ideas into thriving businesses. This nonprofit organization provides flexible lease options to over 30 North Carolina technology companies through its science incubator services. By introducing these companies to potential investors and offering assistance with patent strategies, First Flight Venture Center Inc helps expand their patent estates, thereby aiding in the growth of their businesses. The ultimate goal of this organization is to support North Carolina technology entrepreneurs, providing them with the necessary tools to turn their non-dilutive funding strategies into substantial achievements.
Impact
This information is meant to be a general summary of First Flight Venture Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
First Flight Venture Center Inc has a significant impact in providing flexible terms and pricing to North Carolina technology entrepreneurs, particularly in the areas of non-dilutive funding strategies, advanced prototyping, and laboratory and office leases. By offering science incubator services to over 30 technology companies in North Carolina, First Flight Venture Center Inc plays a crucial role in assisting these entrepreneurs in growing their businesses. Additionally, the organization's efforts in introducing these companies to potential investors and providing support with patent strategies contribute to the overall growth and success of the technology ecosystem in the region. Through its mission to propel early-stage science companies and empower innovators, First Flight Venture Center Inc is making a tangible difference in transforming good ideas into great successes in North Carolina's technology sector.
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 SERVICE REVENUE
Revenue
$751,176
LIFTOFF GRANT WRITING SERVICE
Revenue
$63,877
HANGAR6 PROTOTYPING OPERATION
Revenue
$35,653
Organization Details
Founding Year
1991
Phone
(919) 990-8558
Principal Officer
Krista Covey
Main Address
2 DAVIS DRIVE, RESEARCH TRIANGLE PARK, NC, 27709
Website
www.ffvcnc.org
NTEE Category
Code: S400 - Community improvement
If you are a representative of First Flight Venture Center Inc 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.