nonprofit logo

Ignite Technology And Innovation Inc

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

EIN: 822863800 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Ignite Technology And Innovation Inc?

Ignite Technology and Innovation Inc is a nonprofit organization situated in Chicago, Illinois, with a mission to foster economic development in underprivileged communities. Their primary focus is on low-income neighborhoods, enterprise zones, and opportunity zones, aiming to encourage investment in distressed areas. The organization operates as a business incubator and technology center, providing co-working space for both existing and new businesses. Their program offerings include affordable and accessible coffee and coworking spaces enriched with educational classes and programs. These initiatives inspire, encourage, nurture, and grow the untapped ideas of underrepresented entrepreneurs by offering local access to technology, resources, mentorship, and strategic connections to potential partners and inventors. The organization's goal is to create equitable wealth and share prosperity in under-resourced communities, ultimately striving to make a significant impact in the lives of those in need.


Is Ignite Technology And Innovation Inc legitimate?

Ignite Technology And Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ignite Technology And Innovation 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


What is the mission statement of Ignite Technology And Innovation Inc?
Who is the CEO of Ignite Technology And Innovation Inc?
What is the revenue of Ignite Technology And Innovation Inc?
Who are the executives of Ignite Technology And Innovation Inc and what are their salaries?
Where can I find the form 990 for Ignite Technology And Innovation Inc?

Mission Statement of Ignite Technology And Innovation Inc

Ignite Technology and Innovation Inc is committed to fostering equitable wealth and sharing prosperity within under-resourced communities. They achieve this goal by establishing affordable and accessible coffee and coworking spaces that are enriched with classes and programs. These spaces serve as a hub for underrepresented entrepreneurs, offering them local access to technology, resources, mentorship, and strategic connections to potential partners and inventors. The programs provided by Ignite Technology and Innovation Inc aim to inspire, encourage, nurture, and grow the untapped ideas of these entrepreneurs, thereby empowering them to succeed and contribute to their communities.

Impact

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




Wednesday, July 24, 2024

Ignite Technology And Innovation Inc's impact is significant in creating equitable wealth and sharing prosperity in under-resourced communities. By developing affordable and accessible coffee and coworking spaces enriched with classes and programs, Ignite inspires, encourages, nurtures, and grows the untapped ideas of underrepresented entrepreneurs. They provide local access to technology, resources, mentorship, and strategic connections to potential partners and inventors, thereby fostering economic development in economically depressed or blighted areas. Ignite's focus on low-income communities, enterprise zones, and opportunity zones demonstrates their commitment to encouraging investment in distressed areas and supporting new and start-up businesses. Through their technology co-working space and business incubator, Ignite plays a vital role in advancing community improvement and empowerment in Chicago, IL.





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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $502,508

    • Assets and Liabilities:
  • Total Assets: $532,182
  • Total Liabilities: $751,007
  • Net Assets: -$218,825
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Nikki Bravo

    Main Address

    2150 S CANALPORT, CHICAGO, IL, 60608

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Ignite Technology And Innovation 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.