Overview
What is Rocky Mountain Innovation Initiative?
The Rocky Mountain Innovation Initiative is a nonprofit organization dedicated to fostering the growth of startup companies and nurturing an entrepreneurial spirit. In the summer of 2019, they spearheaded an artificial intelligence program, offering tailored guidance and specialized content to early-stage companies utilizing AI and machine learning technology in a collaborative setting. As a business incubator, they offer assistance to their incubated companies by aiding in capital raising, team development, strategic partnership formation, and establishing connections with testing and demonstration sites. In essence, Rocky Mountain Innovation Initiative aims to propel the success of startups and promote enterprise-driven innovation.
Official website here: www.innosphereventures.org
Is Rocky Mountain Innovation Initiative legitimate?
Rocky Mountain Innovation Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain Innovation Initiative 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: $176,609
Professional Fundraising Fees: $0
Other Salaries and Wages: $690,004
For more financial information, click here
Official website here: www.innosphereventures.org
What is the mission statement of Rocky Mountain Innovation Initiative?
The Rocky Mountain Innovation Initiative is dedicated to accelerating the success of startup companies and fostering an entrepreneurial culture. As part of its mission, it offers specialized support and content in a cohort setting for early-stage companies leveraging artificial intelligence and machine learning technology. Acting as a business incubator, the organization provides assistance to incubated companies in various aspects, such as securing capital, building strong management teams, establishing strategic partnerships, and setting up relationships with test and demo sites.
Official website here: www.innosphereventures.org
Who is the CEO of Rocky Mountain Innovation Initiative?
Mike Freeman is the Board Secretary of Rocky Mountain Innovation Initiative. The CEO's salary of Rocky Mountain Innovation Initiative is $146,311 and their total compensation is $161,460.
Official website here: www.innosphereventures.org
What is the revenue of Rocky Mountain Innovation Initiative?
Rocky Mountain Innovation Initiative's revenue in 2022 was $3,866,520.
Official website here: www.innosphereventures.org
Who are the executives of Rocky Mountain Innovation Initiative and what are their salaries?
The average compensation at Rocky Mountain Innovation Initiative during 2022 was $30,950. There are 28 employees and 3 volunteers at Rocky Mountain Innovation Initiative.
Here are 10 key members and their salaries (Rocky Mountain Innovation Initiative's CEO's salary is $146,311 and their total compensation is $161,460):
- Mike Freeman (Ceo)
- Brian Robinson (Board Secretary) [Trustee/Director]
- John Leonard (Board Chair) [Trustee/Director]
- Alan Rudolph (Board Member) [Trustee/Director]
- Jennifer Pinsonneault (Board Member) [Trustee/Director]
- Jeremy Held (Board Member) [Trustee/Director]
- Seonah Kendall (Board Member) [Trustee/Director]
- Bryan Wilson (Board Member) [Trustee/Director]
- Joe Zimlich (Board Member) [Trustee/Director]
- Patrick Kanouff (Board Member) [Trustee/Director]
Official website here: www.innosphereventures.org
Where can I find the form 990 for Rocky Mountain Innovation Initiative?
The Rocky Mountain Innovation Initiative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.innosphereventures.org
Learn more at the official website: www.innosphereventures.org
Mission Statement of Rocky Mountain Innovation Initiative
The Rocky Mountain Innovation Initiative, in its mission, works diligently to accelerate the success of budding businesses and foster an entrepreneurial spirit. This nonprofit organization, specializing in the realm of startups, provides invaluable assistance to early-stage companies leveraging artificial intelligence (AI) and machine learning technology. Through a dedicated program, the Initiative offers one-on-one support and specialized content, fostering a collaborative environment within a cohort setting.
As a business incubator, the Rocky Mountain Innovation Initiative aids incubated companies in various aspects of growth. It assists these companies in securing capital, assembling strong management teams, establishing strategic corporate partnerships, and forging relationships with test and demo sites. In essence, the Initiative serves as a catalyst, empowering startups to thrive and contribute to a vibrant entrepreneurial culture.
Impact
This information is meant to be a general summary of Rocky Mountain Innovation Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Rocky Mountain Innovation Initiative has had a significant impact on the startup ecosystem in Fort Collins, Colorado. By accelerating the success of startup companies and promoting an entrepreneurial culture, they have played a crucial role in fostering innovation and economic growth in the region. Their focus on providing one-on-one support, specialized content, and cohort settings for early-stage companies utilizing AI and machine learning technology has helped these startups thrive and scale their businesses.
Additionally, as a business incubator, Rocky Mountain Innovation Initiative has assisted incubated companies in raising capital, building strong management teams, developing strategic partnerships, and establishing relationships with test and demo sites. This comprehensive support has not only contributed to the success of individual companies but has also bolstered the overall startup ecosystem in the area.
Through their efforts, Rocky Mountain Innovation Initiative has made a tangible impact on community improvement, driving forward the entrepreneurial spirit and fostering a culture of innovation that benefits both startup companies and the broader community.
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.
PROGRAM REVENUE
Revenue
$292,582
Organization Details
Founding Year
2007
Phone
(970) 221-1301
Principal Officer
Mike Freeman
Main Address
320 E VINE DRIVE SUITE 101, FORT COLLINS, CO, 80524
Website
www.innosphereventures.org
NTEE Category
Code: S30 - Community improvement
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