Overview
What is Northwest Innovation Resource Ctr?
The Northwest Innovation Resource Center (NWIRC) is a nonprofit organization situated in Bellingham, Washington. The primary focus of NWIRC is to foster economic growth and job creation through innovation. They accomplish this by accelerating early-stage startups, particularly those in the field of renewable resource technologies and product inventors, through mentorship, resources, and accountability. NWIRC has demonstrated its commitment to this mission by offering various programs such as data bootcamps, workshops, and individual coaching in five Northwest counties of Washington. In addition, NWIRC has completed two innovation cohorts and signed an agreement with the Canadian Consulate to conduct an accelerator program for Canadian Indigenous-owned businesses. The organization recently opened a second innovation center and is actively seeking funding to expand its centers between Seattle and the Canadian border. Overall, NWIRC plays a significant role in nurturing and supporting innovative businesses in the region.
Official website here: www.nwirc.com
What do the Facebook reviews say about Northwest Innovation Resource Ctr?
Northwest Innovation Resource Center has received positive feedback from its users, highlighting its important role in supporting local entrepreneurs. With a focus on helping individuals navigate the complexities of launching products, the organization is commended for its hands-on guidance in aspects such as manufacturing, marketing, and distribution.
The sentiments expressed emphasize appreciation for the support provided, showcasing that the nonprofit genuinely impacts people's ability to turn their ideas into reality. Users have thanked the organization for its efforts, underlining its effectiveness in making the entrepreneurial journey a bit easier.
Overall, while the reviews are limited, the enthusiasm for Northwest Innovation Resource Center's mission is clear, indicating that those who have engaged with the organization find it to be a valuable resource in achieving their business aspirations.
This AI summary has been generated from reviews found on Facebook.
Is Northwest Innovation Resource Ctr legitimate?
Northwest Innovation Resource Ctr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Innovation Resource Ctr 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:
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Other Salaries and Wages: $108,562
For more financial information, click here
Official website here: www.nwirc.com
What is the mission statement of Northwest Innovation Resource Ctr?
The Northwest Innovation Resource Center (NWIRC) is committed to fostering economic opportunities and job creation through innovation. They accomplish this by accelerating the success rate of early-stage startup companies, offering mentorship, resources, and accountability. Although NWIRC assists all early-stage startups, they have a special focus on companies working in the field of renewable resource technologies and product inventors. Their goal is to propel these businesses towards growth and sustainability.
Official website here: www.nwirc.com
Who is the CEO of Northwest Innovation Resource Ctr?
Tom Doughty is the Chair of Northwest Innovation Resource Ctr.
Official website here: www.nwirc.com
What is the revenue of Northwest Innovation Resource Ctr?
Northwest Innovation Resource Ctr's revenue in 2022 was $435,371.
Official website here: www.nwirc.com
Who are the executives of Northwest Innovation Resource Ctr and what are their salaries?
The average compensation at Northwest Innovation Resource Ctr during 2022 was $21,712. There are 5 employees at Northwest Innovation Resource Ctr.
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Official website here: www.nwirc.com
Where can I find the form 990 for Northwest Innovation Resource Ctr?
Northwest Innovation Resource Ctr's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwirc.com
Learn more at the official website: www.nwirc.com
Mission Statement of Northwest Innovation Resource Ctr
The Northwest Innovation Resource Center (NWIRC) is committed to fostering economic growth and creating employment opportunities through innovation. This nonprofit organization accelerates the success rate of early-stage startup companies by offering mentorship, resources, and accountability. While assisting various early-stage startups, NWIRC has a specific focus on renewable resource technologies and product inventors. By providing these targeted resources, NWIRC aims to contribute significantly to the innovation sector, ultimately driving job creation and economic opportunity.
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Impact
October, 2024
Northwest Innovation Resource Center (NWIRC) plays a significant role in fostering economic opportunity and job creation through innovation. By accelerating the success of early-stage startup companies, NWIRC provides essential mentorship, resources, and accountability needed to navigate the complexities of launching a business.
Key initiatives include conducting data boot camps and workshops, which enhance the business acumen of entrepreneurs. NWIRC successfully completed its second Bluetech/Cleantech innovation cohort, further supporting the development of environmentally friendly technologies. Individual coaching sessions have been tailored for entrepreneurs across five northwest counties of Washington, helping to personalize support and strategy for each business.
Furthermore, NWIRC's collaboration with the Canadian Consulate to create an accelerator specifically for Canadian Indigenous-owned businesses highlights its commitment to inclusivity and cross-border innovation. The establishment of a second innovation center, TheLab@Arlington, represents its ongoing investment in providing accessible facilities for startups. Efforts to seek funding for expanding innovation centers between Seattle and the Canadian border demonstrate NWIRC's proactive approach to scaling its impact and supporting a broader entrepreneurial ecosystem.
Overall, NWIRC’s focus on renewable resource technologies and product invention positions it as a catalyst for sustainable economic growth and community improvement in the region.
This information is meant to be a general summary of Northwest Innovation Resource Ctr. 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: $1,716
- Program Service Revenue: $188,150
- Gross Receipts: $435,371
Assets and Liabilities:
- Total Assets: $314,850
- Total Liabilities: $261,358
- Net Assets: $53,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$188,150
Organization Details
Founding Year
2010
Phone
(360) 255-7870Principal Officer
Tom Doughty
Main Address
2200 RIMLAND DRIVE SUITE 210, BELLINGHAM, WA, 98226
Website
www.nwirc.comNTEE Category
Code: S30 - Community improvement
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