Overview
What is Civil-Military Innovation Institute Inc?
Civil-Military Innovation Institute Inc, located at 3592 Collins Ferry Road Suite 200, Morgantown, WV, 26505, is a nonprofit organization dedicated to fostering collaboration between the defense community and US academic institutions. Established to enhance the defense of the nation, the Institute aligns innovation in academia and the commercial marketplace with defense needs. By initiating research partnerships between university faculty, staff, and students and outside organizations within the Department of Defense and the broader national security community, the Institute aims to make a significant impact. The organization, employing 25 individuals, is committed to bridging the gap between the defense sector and academia, ultimately driving innovation and progress.
Official website here: www.cmi2.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
The Civil-Military Innovation Institute Inc has achieved a respectable score of 88%, reflecting its strong performance in accountability and finance. This score is derived from various factors, including a high percentage of independent board members and a solid program expense ratio, indicating effective use of funds towards its mission. Overall, the organization demonstrates a commitment to transparency and responsible financial management.
However, there are some noted limitations. The institute lacks a whistleblower policy and a document retention and destruction policy, which may raise concerns about internal governance practices. Additionally, the absence of its tax form on the nonprofit's website could hinder transparency and accessibility for potential donors and stakeholders seeking more information.
While the Civil-Military Innovation Institute Inc shows a strong commitment to financial accountability, addressing the noted governance gaps could enhance its overall rating and foster greater trust within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Civil-Military Innovation Institute Inc legitimate?
Civil-Military Innovation Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civil-Military Innovation Institute 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: $3,128,013
For more financial information, click here
Official website here: www.cmi2.org
What is the mission statement of Civil-Military Innovation Institute Inc?
The Civil-Military Innovation Institute Inc is dedicated to bridging the gap between academic institutions in the US and defense organizations, including those within the Department of Defense and the broader national security community. Through research partnerships, the institute facilitates collaboration between university faculty, staff, and students, and external organizations. The ultimate goal is to enhance the defense capabilities of the nation by leveraging the innovations and expertise from the academic sector. The initiation of operations includes the establishment of a connection between the defense community and US academic institutions, enabling the universities to contribute to the improvement of national defense.
Official website here: www.cmi2.org
Who is the CEO of Civil-Military Innovation Institute Inc?
Adam Hanasky is the Managing Dir of Civil-Military Innovation Institute Inc.
Official website here: www.cmi2.org
What is the revenue of Civil-Military Innovation Institute Inc?
Civil-Military Innovation Institute Inc's revenue in 2022 was $17,160,971.
Official website here: www.cmi2.org
Who are the executives of Civil-Military Innovation Institute Inc and what are their salaries?
The average compensation at Civil-Military Innovation Institute Inc during 2022 was $125,121. There are 25 employees at Civil-Military Innovation Institute Inc.
Here are 10 key members and their salaries:
- Compensation: $273,956
- Related: $0
- Other: $0
- Compensation: $242,308
- Related: $0
- Other: $0
- Compensation: $205,000
- Related: $0
- Other: $0
- Compensation: $171,154
- Related: $0
- Other: $0
- Compensation: $162,527
- Related: $0
- Other: $0
- Compensation: $147,227
- Related: $0
- Other: $0
- Compensation: $137,019
- Related: $0
- Other: $0
- Compensation: $130,169
- Related: $0
- Other: $0
- Compensation: $124,910
- Related: $0
- Other: $0
- Compensation: $94,231
- Related: $0
- Other: $0
Official website here: www.cmi2.org
Where can I find the form 990 for Civil-Military Innovation Institute Inc?
Civil-Military Innovation Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmi2.org
Learn more at the official website: www.cmi2.org
Mission Statement of Civil-Military Innovation Institute Inc
Civil-Military Innovation Institute Inc, a notable organization, is on a mission to bridge the gap between academic institutions in the United States and the defense community. Its primary goal is to establish research partnerships between faculty, staff, and students from US academic institutions and organizations within the Department of Defense and the broader national security community.
Through these collaborative efforts, the Institute aims to leverage the innovative research and expertise found in academic settings to enhance the defense capabilities of the nation. By bringing together these distinct entities, the Institute seeks to create a synergy that benefits both parties, ultimately contributing to the advancement of defense technologies and strategies.
The Institute's work is instrumental in fostering a culture of collaboration and knowledge sharing between the academic and defense sectors. It provides a platform for faculty, students, and researchers to engage with defense organizations, offering valuable insights and solutions to pressing defense challenges. In turn, the Institute helps defense organizations access the latest research and cutting-edge technologies, enabling them to stay at the forefront of innovation and maintain a competitive edge.
In summary, the Civil-Military Innovation Institute Inc is an important intermediary that connects US academic institutions with the defense community. Its mission is to initiate research partnerships and facilitate knowledge exchange between these sectors, ultimately contributing to the betterment of national defense.
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Impact
October, 2024
Civil-Military Innovation Institute Inc has made significant strides in bridging the gap between academia and the defense sector. By establishing partnerships between U.S. academic institutions and the Department of Defense, it facilitates collaborative research that addresses critical defense needs. This initiative not only enhances the capabilities of the defense community but also enriches academic research opportunities, allowing universities to contribute actively to national security.
The institute’s focus on aligning innovative ideas from academia with practical applications in the commercial marketplace ensures that cutting-edge research can be effectively transformed into solutions for defense challenges. By fostering these connections, the institute plays a vital role in harnessing academic resources and expertise to improve the nation's defense strategies. This collaborative approach not only strengthens the defense capabilities but also promotes a culture of innovation across various fields of study, driving advancements that benefit both the military and society at large.
This information is meant to be a general summary of Civil-Military Innovation Institute 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.
- Investment Income: $7,980
- Program Service Revenue: $5,821,134
- Gross Receipts: $17,160,971
Assets and Liabilities:
- Total Assets: $8,014,894
- Total Liabilities: $3,342,865
- Net Assets: $4,672,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$4,498,455
FEDERAL CONTRACT REVENUE
Revenue
$1,322,679
Organization Details
Founding Year
2014
Phone
(304) 685-4883Principal Officer
Adam Hanasky
Main Address
3592 COLLINS FERRY ROAD SUITE 200, MORGANTOWN, WV, 265052374
Website
www.cmi2.orgNTEE Category
Code: V05 - Social research
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