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Russell Innovation Center For Entrepreneurs Inc

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

EIN: 810727619 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Russell Innovation Center For Entrepreneurs Inc?

Russell Innovation Center for Entrepreneurs Inc., established in 2019, is a dynamic nonprofit organization situated in Atlanta, Georgia. This 40,000 square foot facility, located in the historic Castleberry Hill community, serves as a collaborative co-working ecosystem for both aspiring and experienced entrepreneurs. The center offers a tailored curriculum and corporate experience, aiming to foster and cultivate relationships between entrepreneurs and potential investors. Its mission is to empower innovators by providing a platform for creation, invention, and learning, motivating them to develop groundbreaking ideas that promote economic growth. The organization currently employs 22 individuals.


Official website here: www.russellcenter.org

Is Russell Innovation Center For Entrepreneurs Inc legitimate?

Russell Innovation Center For Entrepreneurs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Russell Innovation Center For Entrepreneurs 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: $367,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $815,101

For more financial information, click here


Official website here: www.russellcenter.org

What is the mission statement of Russell Innovation Center For Entrepreneurs Inc?

The Russell Innovation Center for Entrepreneurs Inc is dedicated to empowering innovators and entrepreneurs. Their mission is to motivate and engage individuals in creating, inventing, and learning, with the aim of fostering the development of game-changing ideas that contribute to economic empowerment. The center provides a customized curriculum and corporate experience, serving as a collaborative co-working ecosystem for both aspiring and experienced entrepreneurs. It strives to facilitate relationships between capital sources and talented entrepreneurs in Atlanta.


Official website here: www.russellcenter.org

Who is the CEO of Russell Innovation Center For Entrepreneurs Inc?

James Bailey is the President & Ceo of Russell Innovation Center For Entrepreneurs Inc. The CEO's salary of Russell Innovation Center For Entrepreneurs Inc is $197,200 and their total compensation is $197,200.


Official website here: www.russellcenter.org

What is the revenue of Russell Innovation Center For Entrepreneurs Inc?

Russell Innovation Center For Entrepreneurs Inc's revenue in 2022 was $3,437,415.


Official website here: www.russellcenter.org

Who are the executives of Russell Innovation Center For Entrepreneurs Inc and what are their salaries?

The average compensation at Russell Innovation Center For Entrepreneurs Inc during 2022 was $53,741. There are 22 employees at Russell Innovation Center For Entrepreneurs Inc.

Here are 10 key members and their salaries (Russell Innovation Center For Entrepreneurs Inc's CEO's salary is $197,200 and their total compensation is $197,200):

    James Bailey (President & Ceo)
  • Compensation: $197,200
  • Related: $0
  • Other: $0

    • Burunda Prince (Chief Operating Officer)
  • Compensation: $170,000
  • Related: $0
  • Other: $0

    • H Jerome Russell Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sig Mosley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Cramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Day (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donata Russell Ross (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carla Chaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfred Mcrae (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.russellcenter.org

    Where can I find the form 990 for Russell Innovation Center For Entrepreneurs Inc?

    The Russell Innovation Center For Entrepreneurs Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.russellcenter.org

    Learn more at the official website: www.russellcenter.org

    Mission Statement of Russell Innovation Center For Entrepreneurs Inc

    Russell Innovation Center for Entrepreneurs Inc, in its mission, aims to empower entrepreneurs and innovators by providing them with the resources and motivation necessary to create, invent, and learn. The center's primary goal is to promote economic empowerment by fostering an environment that nurtures the development of game-changing new ideas. This is achieved through a customized curriculum and corporate experience, which helps to forge meaningful relationships between capital sources and Atlanta's top entrepreneurial talent. The center serves as a collaborative co-working ecosystem, catering to both aspiring and experienced entrepreneurs, thereby fostering growth and development within this community.

    Impact

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




    Saturday, July 20, 2024

    The Russell Innovation Center For Entrepreneurs Inc empowers entrepreneurs and innovators to create, invent, and learn while being engaged and motivated to develop game-changing new ideas to promote economic empowerment. The center provides a collaborative co-working ecosystem for both aspiring and experienced entrepreneurs, connecting them with a customized curriculum and corporate experience. By fostering and growing relationships between capital sources and Atlanta's top entrepreneurial talent, the center contributes to community improvement and economic growth in Atlanta, Georgia.





    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: $716
  • Program Service Revenue: $1,029,875
  • Gross Receipts: $3,437,415

    • Assets and Liabilities:
  • Total Assets: $20,494,003
  • Total Liabilities: $6,747,251
  • Net Assets: $13,746,752
  • Programs

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

    FACILITY RENTAL

    Revenue

    $80,759

    MEMBERSHIP REVENUES

    Revenue

    $178,744

    ROOM AND EVENT RENTAL

    Revenue

    $54,813

    SPONSORSHIPS

    Revenue

    $715,559

    Organization Details

    Founding Year

    2015

    Principal Officer

    James Bailey

    Main Address

    504 FAIR STREET SW, ATLANTA, GA, 30313

    NTEE Category

    Code: S40 - Community improvement

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