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Innovation Dupage

Innovation Dupage

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

EIN: 831137271 ✦ Glen ellyn, IL ✦ Designated as a 501(c)(3)

Overview

What is Innovation Dupage?

Innovation Dupage is a nonprofit organization situated in Glen Ellyn, Illinois, specifically at 535 Duane Street. Its primary mission is to foster innovation and support the growth of local entrepreneurs and startups in DuPage County and the surrounding Midwest region. The organization accomplishes this by providing access to educational and training resources, business and community support, capital, and customers. Innovation Dupage is powered by a network of academic, governmental, and business partners, who collaborate and share resources, talent, and ideas to strengthen the startup community. The goal is to enhance regional prosperity, attract world-class talent, and drive sustainable economic growth in the area. As of the provided data, the organization employs 21 individuals.


Official website here: www.innovationdupage.org

Is Innovation Dupage legitimate?

Innovation Dupage is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovation Dupage 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: $111,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,822

For more financial information, click here


Official website here: www.innovationdupage.org

What is the mission statement of Innovation Dupage?

Innovation Dupage's mission is facilitated through a network of academic, governmental, and business partners. The organization shares resources, talent, and ideas to support the growth of local entrepreneurs and startups. They accomplish this by providing education, incubation, acceleration, and collaboration services. Innovation Dupage is a non-profit venture that connects startup founders and small business owners with the necessary resources, programs, and partnerships to help them grow. By doing so, they enhance regional prosperity, attract world-class talent, and drive sustainable economic growth. The organization fosters innovation and supports the growth of jobs, companies, and economic development in the surrounding midwest region, providing entrepreneurs with access to education, training resources, business and community support, capital, and customers.


Official website here: www.innovationdupage.org

Who is the CEO of Innovation Dupage?

Joseph Cassidy is the President of Innovation Dupage.


Official website here: www.innovationdupage.org

What is the revenue of Innovation Dupage?

Innovation Dupage's revenue in 2022 was $585,911.


Official website here: www.innovationdupage.org

Who are the executives of Innovation Dupage and what are their salaries?

The average compensation at Innovation Dupage during 2022 was $18,501. There are 21 employees and 8 volunteers at Innovation Dupage.

Here are 9 key members and their salaries:

    Travis Linderman (Managing Director Through October 2021)
  • Compensation: $96,140
  • Related: $0
  • Other: $0

    • Dan Facchini (Managing Director)
  • Compensation: $23,077
  • Related: $0
  • Other: $0

    • Joseph Cassidy (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Virgilio (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristine Fay (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Bob Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Bedalov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meredith Hannah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.innovationdupage.org

    Where can I find the form 990 for Innovation Dupage?

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


    Official website here: www.innovationdupage.org

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

    Mission Statement of Innovation Dupage

    Innovation Dupage, a non-profit venture, serves as a platform for connecting local entrepreneurs and small business owners with the necessary resources, talent, and opportunities for growth. By leveraging a network of academic, governmental, and business partners, Innovation Dupage fosters collaboration and idea sharing, thereby supporting its expanding community of entrepreneurs and startups. Through education, incubation, acceleration, and collaboration, Innovation Dupage aims to enhance regional prosperity, attract top talent, and drive sustainable economic growth. By providing access to education and training resources, business and community support, capital, and customers, Innovation Dupage encourages innovation, job creation, company growth, and economic development in the Midwest region.

    Impact

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




    Wednesday, July 24, 2024

    Innovation Dupage's impact is significant as it unites startup founders and small business owners with the resources, programs, and support needed for growth. By fostering innovation and providing access to education, training, capital, and customers, Innovation Dupage contributes to job creation, company growth, and economic development in DuPage County and the surrounding Midwest region. Through collaboration with a diverse network of partners, this organization enhances regional prosperity, attracts top talent, and drives sustainable economic growth.





    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: $33
  • Program Service Revenue: $141,921
  • Gross Receipts: $585,911

    • Assets and Liabilities:
  • Total Assets: $148,017
  • Total Liabilities: $50,664
  • Net Assets: $97,353
  • Programs

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

    OWNER TO CEO

    Revenue

    $50,167

    OTHER FEES FOR PROGRAM

    Revenue

    $43,784

    MEMBERSHIP DUES

    Revenue

    $27,470

    COMMUNITY PARTNERSHIPS

    Revenue

    $20,500

    Organization Details

    Founding Year

    2018

    Principal Officer

    Joseph Cassidy

    Main Address

    535 DUANE ST, GLEN ELLYN, IL, 60137

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Innovation Dupage 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.