Overview
What is Ball State Innovation Corporation?
Ball State Innovation Corporation is a nonprofit organization with a mission to foster and facilitate innovation, aiming to boost the regional economy. Their activities primarily involve technology transfer and commercialization of inventions and innovations stemming from university research. The opportunities they pursue offer potential for the creation of high-value jobs and bring positive economic or social benefits to the university and the local economy.
Official website here: www.bsic.com
Is Ball State Innovation Corporation legitimate?
Ball State Innovation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ball State Innovation Corporation 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.bsic.com
What is the mission statement of Ball State Innovation Corporation?
The Ball State Innovation Corporation's mission is centered around promoting innovation to enhance the local economy. This mission involves facilitating the transfer and commercialization of inventions and other innovations derived from university research. The corporation seeks opportunities that have the potential to create new, high-value jobs or deliver positive economic and social benefits for the university and the regional economy. In essence, their mission is to drive innovation to foster economic growth and development.
Official website here: www.bsic.com
Who is the CEO of Ball State Innovation Corporation?
Alan Finn is the Director of Ball State Innovation Corporation.
Official website here: www.bsic.com
What is the revenue of Ball State Innovation Corporation?
Ball State Innovation Corporation's revenue in 2022 was $200.
Official website here: www.bsic.com
Who are the executives of Ball State Innovation Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $314,217
- Other: $5,124
- Compensation: $0
- Related: $206,711
- Other: $5,019
- Compensation: $0
- Related: $249,620
- Other: $10,249
Official website here: www.bsic.com
Where can I find the form 990 for Ball State Innovation Corporation?
Ball State Innovation Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsic.com
Learn more at the official website: www.bsic.com
Mission Statement of Ball State Innovation Corporation
Ball State Innovation Corporation, a notable entity, is committed to fostering and facilitating the innovation process with the primary goal of enhancing the regional economy. This mission encompasses the transfer and commercialization of inventions and other innovations derived from research within the university. The organization's activities are focused on opportunities that have the potential to generate the creation of new, high-value jobs or deliver other positive economic or social benefits for the university and the regional economy. By pursuing this mission, Ball State Innovation Corporation aims to contribute significantly to the advancement and progress of its surrounding community.
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Impact
October, 2024
Ball State Innovation Corporation significantly impacts the regional economy by driving innovation and facilitating technology transfer from university research to practical applications. By commercializing inventions and discoveries made within Ball State University, the corporation creates opportunities that lead to high-value job creation and enhances economic and social benefits for both the university and the surrounding community. Its initiatives not only stimulate local economic development but also promote collaboration between researchers and industry, ensuring that innovative ideas can be transformed into viable products and services that contribute to the region's growth and prosperity.
This information is meant to be a general summary of Ball State Innovation Corporation. 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: $200
- Gross Receipts: $200
Assets and Liabilities:
- Total Assets: $65,151
- Total Liabilities: $0
- Net Assets: $65,151
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTELLECTUAL PROPERTY
Revenue
$200
Organization Details
Founding Year
2008
Phone
(765) 285-1033Principal Officer
Alan Finn
Main Address
2000 W UNIVERSITY AVE AD 103, MUNCIE, IN, 47306
Website
www.bsic.comNTEE Category
Code: U02 - Science research
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