Overview
What is Innovate Washington Foundation?
Innovate Washington Foundation, also known as Ignite Northwest, is a nonprofit organization based in Spokane, Washington. Their primary mission is to bring together innovators, researchers, entrepreneurs, and financial capital to create world-class companies and high-value jobs. By collaborating, convening, and connecting these entities, they aim to form the backbone of the region's future economy. The foundation's activities involve connecting innovators and researchers with the necessary resources to thrive, ultimately contributing to the economic growth of the area. With a modest workforce of three individuals, Innovate Washington Foundation plays a significant role in fostering a vibrant and prosperous local business landscape.
Official website here: www.ignitenorthwest.com
Is Innovate Washington Foundation legitimate?
Innovate Washington Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovate Washington Foundation 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: $262,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,492
For more financial information, click here
Official website here: www.ignitenorthwest.com
What is the mission statement of Innovate Washington Foundation?
The Innovate Washington Foundation serves to bring together innovators, researchers, entrepreneurs, and financial capital to create world-class companies and high-value jobs. This collaboration aims to form the backbone of the region's future economy. By connecting these entities, the foundation hopes to foster the growth of companies that will significantly contribute to the region's economic development. The goal is to provide a conducive environment that nurtures innovation and entrepreneurship, ultimately leading to job creation and economic growth.
Official website here: www.ignitenorthwest.com
Who is the CEO of Innovate Washington Foundation?
Thomas Simpson is the Ceo of Innovate Washington Foundation. The CEO's salary of Innovate Washington Foundation is $108,049 and their total compensation is $132,006.
Official website here: www.ignitenorthwest.com
What is the revenue of Innovate Washington Foundation?
Innovate Washington Foundation's revenue in 2022 was $1,197,636.
Official website here: www.ignitenorthwest.com
Who are the executives of Innovate Washington Foundation and what are their salaries?
The average compensation at Innovate Washington Foundation during 2022 was $138,895. There are 3 employees and 11 volunteers at Innovate Washington Foundation.
Here are 8 key members and their salaries (Innovate Washington Foundation's CEO's salary is $108,049 and their total compensation is $132,006):
- Thomas Simpson (Ceo) [Trustee/Director]
- April Stoltz (Cfo)
- Richard Denenny (Chair) [Trustee/Director]
- Skye Henderson (Secretary) [Trustee/Director]
- Shelly Colomb (Director)
- Tyler Lafferty (Director)
- Richard Repp (Director)
- Wayne Williams (Director (Through January 2022))
Official website here: www.ignitenorthwest.com
Where can I find the form 990 for Innovate Washington Foundation?
The Innovate Washington Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ignitenorthwest.com
Learn more at the official website: www.ignitenorthwest.com
Mission Statement of Innovate Washington Foundation
Innovate Washington Foundation plays a pivotal role in connecting innovators and researchers with the necessary entrepreneurial and financial capital. This organization strives to foster the development of world-class companies and high-value jobs, which will ultimately serve as the foundation for the region's future economy. By collaborating, convening, and connecting, Innovate Washington Foundation aims to bridge the gap between groundbreaking ideas and the resources required to bring them to life. This mission is instrumental in propelling the region forward, ensuring a sustainable and prosperous economic landscape.
Impact
This information is meant to be a general summary of Innovate Washington Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Innovate Washington Foundation plays a crucial role in fostering innovation and economic growth in the region by connecting innovators and researchers with entrepreneurial and financial resources. By supporting the development of world-class companies, they are contributing to the creation of high-value jobs that are essential for the future economy of the region. Their collaborative and convening efforts are pivotal in building a strong foundation for sustainable growth and prosperity in their community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING LEASE
Revenue
$383,398
INTEREST ON LOAN FUNDS
Revenue
$203,773
EVENT TICKET SALES
Revenue
$4,948
Organization Details
Founding Year
1996
Phone
(509) 358-2000
Principal Officer
Thomas Simpson
Main Address
518 W RIVERSIDE 203, SPOKANE, WA, 99201
Website
www.ignitenorthwest.com
NTEE Category
Code: T99 - Philanthropy
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