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Northwest Pennsylvania Incubator Association

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

EIN: 204285434 ✦ Girard, PA ✦ Designated as a 501(c)(6)

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Overview

What is Northwest Pennsylvania Incubator Association?

The Northwest Pennsylvania Incubator Association is a nonprofit organization situated in Girard, PA. Its primary purpose is to collaborate and share resources among various incubators in the Northwest region of Pennsylvania. This collaboration aims to support young and fledgling businesses during their crucial growth phase, often referred to as their germination stage. In 2019-20, the incubators under the association's umbrella served numerous tenants, contributing to the creation and retention of jobs in the area. The association's initiatives during 2021-22 involve distributing substantial funding to its member incubators, further boosting their abilities to nurture emerging businesses.

Is Northwest Pennsylvania Incubator Association legitimate?

Northwest Pennsylvania Incubator Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Northwest Pennsylvania Incubator Association submitted a form 990EZ, 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.

What is the mission statement of Northwest Pennsylvania Incubator Association?

The Northwest Pennsylvania Incubator Association serves to consolidate resources among incubators in the region, helping young and budding businesses during their initial growth phase. Their mission is to provide essential support during this critical stage, contributing to job creation and retention. In 2021-22, the association allocated substantial funding to its member incubators. The association's objective is to foster the growth of small businesses, ultimately contributing to the regional economy.

Who is the CEO of Northwest Pennsylvania Incubator Association?

Jim Lowry is the President of Northwest Pennsylvania Incubator Association.

What is the revenue of Northwest Pennsylvania Incubator Association?

Northwest Pennsylvania Incubator Association's revenue in 2022 was $126,603.

Who are the executives of Northwest Pennsylvania Incubator Association and what are their salaries?


Here are 3 key members and their salaries:


Jim Lowry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Novotny (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Homich (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Northwest Pennsylvania Incubator Association?

Northwest Pennsylvania Incubator Association's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Northwest Pennsylvania Incubator Association

The Northwest Pennsylvania Incubator Association is an organization that brings together various incubators in the northwestern region of Pennsylvania. Its mission is to provide essential services to young, budding businesses during their crucial initial growth phase, often referred to as their germination stage. By pooling resources among its member incubators, this association aims to support these businesses, thereby contributing to job creation and retention within the region. As part of its activities, the Northwest Pennsylvania Incubator Association allocated substantial funding to its member incubators during the 2021-2022 period.

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Impact




October, 2024

The Northwest Pennsylvania Incubator Association plays a crucial role in fostering the growth of young, small businesses in the region. By organizing and pooling resources among various incubators, it enhances the support available during the critical early stages of business development. In 2019-20, this collaboration allowed member incubators to serve numerous tenants, directly contributing to job creation and retention in the area. The impact is further amplified through financial support provided to these incubators, ensuring they have the necessary resources to assist startups effectively. With its location in Girard, PA, the association demonstrates a commitment to strengthening the local economy and empowering entrepreneurs, translating into a more robust employment landscape for Northwest Pennsylvania.




This information is meant to be a general summary of Northwest Pennsylvania Incubator Association. 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.

Revenue
$126,603 (2022)
Expenses
$768,852 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $53
  • Program Service Revenue: $36,437
  • Gross Receipts: $126,603

Assets and Liabilities:

  • Total Assets: $67,917
  • Total Liabilities: $0
  • Net Assets: $67,917

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Organization Details

Principal Officer

Jim Lowry

Main Address

227 HATHAWAY STREET EAST, GIRARD, PA, 16417

NTEE Category

Code: J03 - Employment

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