Overview
What is University At Buffalo Foundation Incubator Inc?
University At Buffalo Foundation Incubator Inc is a nonprofit organization situated in Buffalo, New York. Their primary mission is to support and nurture new businesses, aiming to stimulate economic growth and enhance interaction between the State University of New York at Buffalo and these start-ups. The incubator facility, spanning 40,000 square feet, has a critical advantage as it adheres to FDA compliance, which is crucial for companies developing pharmaceutical products or medical devices. The diverse range of technologies that have emerged from this incubator encompasses fields such as software, engineering, synthetic intelligence, environmental science, education, lasers, photonics, pharmaceuticals, and more.
Official website here: www.ubfoundation.buffalo.edu
Is University At Buffalo Foundation Incubator Inc legitimate?
University At Buffalo Foundation Incubator Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University At Buffalo Foundation Incubator 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.
Heare 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.ubfoundation.buffalo.edu
What is the mission statement of University At Buffalo Foundation Incubator Inc?
The University At Buffalo Foundation Incubator Inc operates an incubator facility with the purpose of identifying and aiding start-up businesses. Their mission is to stimulate development by encouraging these businesses to occupy the incubator, aiming to increase employment, stimulate economic growth, and enhance interaction between the start-ups and the University at Buffalo. The 40,000 square foot facility is FDA compliant, making it suitable for companies developing pharmaceutical products or medical devices. The incubator's graduates cover various technologies, such as software, engineering, synthetic intelligence, environmental, education, lasers, photonics, pharmaceuticals, and more.
Official website here: www.ubfoundation.buffalo.edu
Who is the CEO of University At Buffalo Foundation Incubator Inc?
Anastacia S Knapper is the Principal Officer of University At Buffalo Foundation Incubator Inc. The CEO's salary of University At Buffalo Foundation Incubator Inc is $0 and their total compensation is $188,053.
Official website here: www.ubfoundation.buffalo.edu
What is the revenue of University At Buffalo Foundation Incubator Inc?
University At Buffalo Foundation Incubator Inc's revenue in 2022 was $542,734.
Official website here: www.ubfoundation.buffalo.edu
Who are the executives of University At Buffalo Foundation Incubator Inc and what are their salaries?
There 9 volunteers at University At Buffalo Foundation Incubator Inc.
Here are 11 key members and their salaries (University At Buffalo Foundation Incubator Inc's CEO's salary is $0 and their total compensation is $188,053):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $259,699
- Other: $47,829
- Compensation: $0
- Related: $168,561
- Other: $19,492
Official website here: www.ubfoundation.buffalo.edu
Where can I find the form 990 for University At Buffalo Foundation Incubator Inc?
University At Buffalo Foundation Incubator Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ubfoundation.buffalo.edu
Learn more at the official website: www.ubfoundation.buffalo.edu
Mission Statement of University At Buffalo Foundation Incubator Inc
The University at Buffalo Foundation Incubator Inc, in its mission, operates an incubator facility to identify and support start-up businesses. The primary objective of this organization is to stimulate development, increase employment, and foster interaction between the University at Buffalo and these businesses. By providing a suitable space for such enterprises, the incubator aims to stimulate economic growth and strengthen the relationship between the State University of New York at Buffalo and these innovative companies.
The incubator facility, spanning 40,000 square feet, is designed to accommodate a variety of start-ups. The facility's compliance with FDA regulations is particularly crucial for companies developing pharmaceutical products or medical devices. The graduates of this incubator program represent a diverse range of technologies, encompassing software, engineering, synthetic intelligence, environmental sciences, education, lasers, photonics, pharmaceuticals, and more. This mix of innovative start-ups not only contributes to the local economy but also provides an opportunity for the University at Buffalo to collaborate with and learn from these forward-thinking businesses.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The University At Buffalo Foundation Incubator Inc plays a significant role in fostering start-up businesses by providing essential resources and support. Occupying a 40,000 square foot FDA-compliant facility, it offers a conducive environment for companies developing pharmaceutical products and medical devices, among other technologies. By identifying and aiding entrepreneurs, the incubator not only helps to launch innovative businesses but also contributes to job creation and economic development in the region.
The facility enhances interaction between the University at Buffalo and diverse start-ups, fostering a collaborative ecosystem that spans various sectors, including software, engineering, synthetic intelligence, environmental technology, education, lasers, photonics, and pharmaceuticals. Graduates of the incubator emerge equipped to succeed in these dynamic fields, thereby amplifying the region's technological advancement and competitiveness. Overall, the incubator's impact resonates through economic stimulation, increased employment opportunities, and strengthened ties between academia and industry.
This information is meant to be a general summary of University At Buffalo Foundation Incubator Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Program Service Revenue: $542,734
- Gross Receipts: $542,734
Assets and Liabilities:
- Total Assets: $1,153,707
- Total Liabilities: $355,068
- Net Assets: $798,639
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCUBATOR PROGRAM
Revenue
$542,734
Organization Details
Founding Year
1988
Phone
(716) 645-3011Principal Officer
Anastacia S Knapper
Main Address
BOX 900, BUFFALO, NY, 142260900
Website
www.ubfoundation.buffalo.eduNTEE Category
Code: B114 - Education
If you are a representative of University At Buffalo Foundation Incubator 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.