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Delaware Innovation Space Inc

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

EIN: 820832288 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Delaware Innovation Space Inc?

Delaware Innovation Space Inc, based in Wilmington, Delaware, is a nonprofit organization with a mission to support the growth of science-based start-up businesses and new ventures. Established in response to the state's recognition of the need for high-quality incubation services, their aim is to strengthen Delaware's communities by retaining talented individuals, increasing job opportunities, and fostering positive change in the state. They accomplish this by collaborating with entrepreneurs and visionaries, creating a world-leading innovation ecosystem with access to state-of-the-art facilities, skilled personnel, tools, equipment, training, and services. The Delaware Innovation Space Inc aims to accelerate the formation and growth of these businesses, promoting an industrially and market-relevant environment.


Official website here: www.innovationspace.org

Is Delaware Innovation Space Inc legitimate?

Delaware Innovation Space Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Innovation Space 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.innovationspace.org

What is the mission statement of Delaware Innovation Space Inc?

Delaware Innovation Space Inc is dedicated to accelerating the formation and growth of science-based startup businesses and new ventures. They achieve this by collaborating with entrepreneurs and visionaries, aiming to establish a world-leading industrially and market-relevant innovation ecosystem. This ecosystem provides access to state-of-the-art facilities, skilled individuals, tools, equipment, training, and services. The primary goal is to help innovative STEM initiatives thrive, thereby strengthening communities by retaining talented individuals, increasing job opportunities, and fostering positive change.


Official website here: www.innovationspace.org

Who is the CEO of Delaware Innovation Space Inc?

William D Provine is the Director/Cha of Delaware Innovation Space Inc.


Official website here: www.innovationspace.org

What is the revenue of Delaware Innovation Space Inc?

Delaware Innovation Space Inc's revenue in 2022 was $6,030,856.


Official website here: www.innovationspace.org

Who are the executives of Delaware Innovation Space Inc and what are their salaries?

Here are 12 key members and their salaries:

    William D Provine (President An) [Trustee/Director]
  • Compensation: $0
  • Related: $340,489
  • Other: $61,946

    • Alex Dulin (Director, Op)
  • Compensation: $0
  • Related: $191,470
  • Other: $45,933

    • Mona Parikh (Director,Bus)
  • Compensation: $0
  • Related: $118,476
  • Other: $48,110

    • Hattie Duplechain (Director, Le)
  • Compensation: $0
  • Related: $114,118
  • Other: $41,280

    • Marcie Reilly (Director, En)
  • Compensation: $0
  • Related: $116,163
  • Other: $37,178

    • Will Cruz (Entrepreneur)
  • Compensation: $0
  • Related: $103,618
  • Other: $8,872

    • Dennis Assanis (Director/Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexa A Dembek (Director/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey W Bullock (Director/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Sheehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Khutorsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julius Korley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.innovationspace.org

    Where can I find the form 990 for Delaware Innovation Space Inc?

    The Delaware Innovation Space Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.innovationspace.org

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

    Mission Statement of Delaware Innovation Space Inc

    Delaware Innovation Space Inc, a nonprofit organization, is committed to accelerating the formation and growth of science-based startup businesses and new ventures. They achieve this by collaborating with entrepreneurs and visionaries, aiming to establish a world-leading industrially and market-relevant innovation ecosystem. This ecosystem provides access to state-of-the-art facilities, skilled individuals, tools, equipment, training, and services. The ultimate goal of Delaware Innovation Space Inc is to strengthen communities by retaining talented individuals, creating job opportunities, and fostering positive change within the state.

    Impact

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




    Saturday, July 20, 2024

    Delaware Innovation Space Inc is making a significant impact by accelerating the formation and growth of science-based startup businesses and new ventures. By collaborating with entrepreneurs and visionaries, they are creating a world-leading industrially and market-relevant innovation ecosystem. Through access to state-of-the-art facilities, people, tools, equipment, training, and services, they are empowering innovative STEM initiatives within Delaware.

    This impact is evident in the strengthening of Delaware's communities through the retention of talented individuals, increased job opportunities, and positive change within the state. Delaware Innovation Space Inc's dedication to fostering innovation and supporting startups is not only benefiting the local economy but also contributing to the advancement of cutting-edge technologies and solutions.





    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: $458,109
  • Program Service Revenue: $3,332,531
  • Gross Receipts: $6,355,462

    • Assets and Liabilities:
  • Total Assets: $38,897,802
  • Total Liabilities: $5,667,871
  • Net Assets: $33,229,931
  • Programs

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

    EARLY STAGE INCUBATOR PROGRAM

    Revenue

    $3,046,343

    EQUIPMENT UTILILIZATION

    Revenue

    $286,188

    Organization Details

    Founding Year

    2017

    Principal Officer

    William D Provine

    Main Address

    200 POWDER MILL ROAD BUILDING 500, WILMINGTON, DE, 19803

    NTEE Category

    Code: S40 - Community improvement

    If you are a representative of Delaware Innovation Space 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.