Overview
What is Innovatepgh Partnership?
Innovatepgh Partnership is a forward-thinking collaborative initiative based in Pittsburgh, Pennsylvania. Established as a public-private partnership, it brings together key civic institutions from the region's university, business, philanthropic, and government sectors. The primary objective of Innovatepgh Partnership is to bolster the city's standing as a global innovation hub. They aim to achieve this by fostering inclusive innovation, promoting responsible neighborhood revitalization, and cultivating an entrepreneurial culture in Pittsburgh. The organization implements recommendations from the 2017 report, "Capturing the Next Economy: Pittsburgh's Rise as a Global Innovation City," and focuses on developing, expanding, and connecting the Pittsburgh Innovation District. Additionally, they manage the Avenu Workspaces co-working platform to support high-growth entrepreneurs and establish Pittsburgh's innovation clusters. With a strong focus on workforce development, they aim to bridge entrepreneurial ecosystem programming with upskilling opportunities, narrative shifting, and network development efforts. Innovatepgh Partnership employs a team of 12 individuals, working tirelessly to enhance Pittsburgh's reputation as a global innovation center. With a visionary goal and a dedicated workforce, the organization's mission is to accelerate the city's progress and contribute to its continued growth and success.
Official website here: www.innovatepgh.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Innovatepgh Partnership has achieved a solid rating of 88%, indicating a strong level of accountability and financial health. Notably, the organization boasts a fully independent board, with all members meeting the criteria for independence. The organization also excels in its financial oversight, as demonstrated by a perfect score in audit and oversight committee practices and a low liabilities to assets ratio.
Despite these strengths, there are some areas for improvement. The organization lacks a conflict of interest policy and a whistleblower policy, which are important for ensuring ethical governance and transparency. Additionally, the nonprofit has not made its tax form available on its website, which affects its score in accessibility and transparency metrics.
Overall, while Innovatepgh Partnership demonstrates strong financial management and governance, enhancing its policy framework would further strengthen its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Innovatepgh Partnership legitimate?
Innovatepgh Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovatepgh Partnership 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: $155,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $472,406
For more financial information, click here
Official website here: www.innovatepgh.com
What is the mission statement of Innovatepgh Partnership?
The Innovatepgh Partnership is a collaborative initiative, comprising civic institutions representing the region's university, business, philanthropic, and government leadership. Its mission is to propel the city towards becoming a globally recognized innovation hub. This is achieved by promoting inclusive innovation, fostering responsible neighborhood revitalization, and cultivating a broad-based, entrepreneurial culture. The partnership implements recommendations from a 2017 report, works on developing and connecting the Pittsburgh Innovation District, manages a co-working platform, enhances the pipeline of high-growth entrepreneurs, builds and supports innovation clusters, and connects startup and innovation ecosystem programming to workforce/upskilling opportunities, narrative shifting, and networking efforts.
Official website here: www.innovatepgh.com
Who is the CEO of Innovatepgh Partnership?
Sean Luther is the Chairman of Innovatepgh Partnership.
Official website here: www.innovatepgh.com
What is the revenue of Innovatepgh Partnership?
Innovatepgh Partnership's revenue in 2022 was $719,178.
Official website here: www.innovatepgh.com
Who are the executives of Innovatepgh Partnership and what are their salaries?
The average compensation at Innovatepgh Partnership during 2022 was $52,285. There are 12 employees and 7 volunteers at Innovatepgh Partnership.
Here are 8 key members and their salaries:
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- Compensation: $143,204
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- Other: $11,805
Official website here: www.innovatepgh.com
Where can I find the form 990 for Innovatepgh Partnership?
Innovatepgh Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innovatepgh.com
Learn more at the official website: www.innovatepgh.com
Mission Statement of Innovatepgh Partnership
InnovatePgh Partnership, a forward-thinking collaborative initiative, is driven by a coalition of civic institutions that encompasses the region's university, business, philanthropic, and government leadership. The mission of this partnership is to expedite Pittsburgh's ascent as a global innovation city. To accomplish this, InnovatePgh Partnership aims to foster an inclusive innovation culture, promote responsible neighborhood revitalization, and cultivate a broad-based entrepreneurial spirit within the city.
The partnership intends to implement recommendations from the 2017 report, "Capturing the Next Economy: Pittsburgh's Rise as a Global Innovation City." This involves defining, growing, and connecting the Pittsburgh Innovation District, managing the Avenu Workspaces co-working platform, and improving the pipeline of high-growth entrepreneurs. Additionally, InnovatePgh Partnership seeks to build and support Pittsburgh's innovation clusters, intentionally connecting startup and innovation ecosystem programming to workforce/upskilling opportunities, narrative shifting, and network development efforts.
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Impact
October, 2024
Innovatepgh Partnership plays a vital role in transforming Pittsburgh into a global innovation hub. By fostering collaboration among universities, businesses, philanthropy, and government entities, it promotes inclusive innovation and responsible neighborhood revitalization. The partnership implements key strategies from the 2017 report, "Capturing the Next Economy," to define and enhance the Pittsburgh Innovation District while simultaneously managing the Avenu Workspaces co-working platform.
Through its initiatives, Innovatepgh is dedicated to improving the ecosystem for high-growth entrepreneurs and building robust innovation clusters. This includes connecting startup programming with workforce development and upskilling opportunities, which not only cultivates an entrepreneurial culture but also addresses community needs. The partnership's focus on narrative shifting and network development further strengthens Pittsburgh's position as a dynamic hub for innovation, ensuring equitable access to resources and opportunities for all residents.
This information is meant to be a general summary of Innovatepgh Partnership. 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.
- Investment Income: $184
- Program Service Revenue: $283,259
- Gross Receipts: $719,178
Assets and Liabilities:
- Total Assets: $1,715,686
- Total Liabilities: $423,669
- Net Assets: $1,292,017
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$243,522
MOVEPGH INCOME
Revenue
$19,980
ADMIN SERVICES
Revenue
$12,586
STARTUP GENOME MEMBERS
Revenue
$7,000
PROGRAM SERVICE REVENU
Revenue
$171
Organization Details
Founding Year
2010
Phone
(614) 284-3689Principal Officer
Sean Luther
Main Address
2158 OAKLAND AVENUE FLOOR 2, PITTSBURGH, PA, 15213
Website
www.innovatepgh.comNTEE Category
Code: S30 - Community improvement
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