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Initiative For Digital Engineering And Life Sciences

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

EIN: 831372987 ✦ Falmouth, ME ✦ Designated as a 501(c)(3)

Overview

What is Initiative For Digital Engineering And Life Sciences?

Initiative For Digital Engineering And Life Sciences, based in Falmouth, Maine, is a dedicated nonprofit organization. Its primary mission is to establish a graduate institute in Portland, focusing on artificial intelligence, digital science, genomics, and life sciences. To achieve this goal, the organization has secured a 13.5-acre site, previously used as a B&M Baked Beans factory, for the construction of its campus. In collaboration with Roux Institute and Northeastern University, an extensive master planning process has been conducted to design a learning, research, and collaboration facility. The selected architectural firm and at-risk construction manager are currently involved in the project, with the necessary zoning changes approved for campus purposes. The nonprofit, with a workforce of two individuals, is committed to fostering innovation, entrepreneurship, and education in these specialized fields.


Is Initiative For Digital Engineering And Life Sciences legitimate?

Initiative For Digital Engineering And Life Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Initiative For Digital Engineering And Life Sciences 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 Initiative For Digital Engineering And Life Sciences?
Who is the CEO of Initiative For Digital Engineering And Life Sciences?
What is the revenue of Initiative For Digital Engineering And Life Sciences?
Who are the executives of Initiative For Digital Engineering And Life Sciences and what are their salaries?
Where can I find the form 990 for Initiative For Digital Engineering And Life Sciences?

Mission Statement of Initiative For Digital Engineering And Life Sciences

The Initiative For Digital Engineering and Life Sciences is dedicated to advancing education, research, and innovation in the fields of artificial intelligence, digital science, genomics, and life sciences. They are committed to establishing and operating a graduate institute that nurtures students and fosters entrepreneurialism in these domains. The corporation's mission is to serve as a hub for learning, research, and innovation, contributing to the development of these critical fields. To achieve this goal, they have undertaken master planning and acquired a 13.5-acre site, formerly a B&M Baked Beans factory, which they plan to convert into the Roux Campus. In partnership with the Roux Institute and Northeastern University, they are planning and designing learning, research, and collaboration buildings for this campus. The initiative has also engaged an architectural firm to design the Roux Institute facility and an at-risk construction manager to oversee its construction. Their mission is to capitalize on these investments, rather than reporting them as expenses, in order to create a robust and impactful graduate institute.

Impact

This information is meant to be a general summary of Initiative For Digital Engineering And Life Sciences. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Initiative For Digital Engineering And Life Sciences has made a significant impact by establishing a graduate institute dedicated to instructing students, conducting research, and supporting innovation and entrepreneurialism in the fields of artificial intelligence, digital science, genomics, and life sciences in Portland, Maine. The organization successfully conducted master planning, acquired a 13.5-acre B&M Baked Beans factory site, and partnered with Roux Institute and Northeastern University to convert the site into the Roux Campus. They have also collaborated with architectural firms and construction managers to design and construct the Roux Institute facility. Additionally, Initiative For Digital Engineering And Life Sciences achieved the rezoning of the site for campus purposes, contributing to the development and growth of educational opportunities in the region.





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: $18,407
  • Program Service Revenue: $0
  • Gross Receipts: $11,747,907

    • Assets and Liabilities:
  • Total Assets: $26,872,146
  • Total Liabilities: $869,292
  • Net Assets: $26,002,854
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Charles Hewett

    Main Address

    6 FUNDY ROAD 100, FALMOUTH, ME, 041051780

    NTEE Category

    Code: B19 - Education

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