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Global Innovation Management Institute Inc

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

EIN: 383940964 ✦ Cambridge, MA ✦ Designated as a 501(c)(6)

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Overview

What is Global Innovation Management Institute Inc?

Global Innovation Management Institute Inc, situated in Cambridge, Massachusetts, is a leading nonprofit organization dedicated to advancing innovation and innovation management globally. By forming partnerships with training providers, universities, corporations, and associations, they aim to institutionalize innovation standards and certifications. They have a mission to spread and increase the adoption of these standards and best practices in innovation, with a team of board members and volunteers supporting their operations. The organization has reviewed and updated their innovation standards and materials, approved applications for their certificate program, and awarded certificates to successful candidates after administering tests. Their reach extends beyond their own operations, as they collaborate with various institutions to promote innovation management on a global scale.


Official website here: www.giminstitute.org

Is Global Innovation Management Institute Inc legitimate?

Global Innovation Management Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Global Innovation Management 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: $0

For more financial information, click here


Official website here: www.giminstitute.org

What is the mission statement of Global Innovation Management Institute Inc?

The Global Innovation Management Institute Inc has a mission to spearhead the innovation and innovation management field globally. They aim to achieve this by promoting and increasing the adoption of innovation standards and best practices worldwide. The organization accomplishes this by collaborating with board members, volunteers, and global partners such as training providers, universities, corporations, and associations. Their efforts aim to institutionalize innovation standards and certifications, ensuring that these principles are widely recognized and implemented.


Official website here: www.giminstitute.org

Who is the CEO of Global Innovation Management Institute Inc?

Hitendra Patel is the President of Global Innovation Management Institute Inc.


Official website here: www.giminstitute.org

What is the revenue of Global Innovation Management Institute Inc?

Global Innovation Management Institute Inc's revenue in 2022 was $310,375.


Official website here: www.giminstitute.org

Who are the executives of Global Innovation Management Institute Inc and what are their salaries?


Here are 3 key members and their salaries:


Hitendra Patel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Jonas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milagros Masini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.giminstitute.org

Where can I find the form 990 for Global Innovation Management Institute Inc?

Global Innovation Management Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.giminstitute.org

Learn more at the official website: www.giminstitute.org

Mission Statement of Global Innovation Management Institute Inc

Global Innovation Management Institute Inc, as an organization, is dedicated to spearheading the innovation and innovation management field globally. Their mission is centered around spreading and increasing the adoption of innovation standards and best practices worldwide. By doing so, they aim to elevate the innovation and innovation management profession to new heights. To achieve this, they have formed strategic partnerships with various entities such as training providers, universities, corporations, and associations. These collaborations are instrumental in institutionalizing the innovation standards and certifications, thereby ensuring a comprehensive and globally recognized approach to innovation management. The Institute also reviews and updates the innovation standards and materials, approves applications for the certificate program, administers tests to the candidates, and reviews the results. Those who pass the tests are duly awarded certificates, thereby recognizing their proficiency in innovation management. In essence, Global Innovation Management Institute Inc is committed to leading the innovation and innovation management profession globally, promoting the widespread adoption of innovation standards and best practices.

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Impact




October, 2024

Global Innovation Management Institute Inc significantly impacts the field of innovation by promoting the adoption of established innovation standards and best practices worldwide. Through its collaborative efforts, the organization has formed global partnerships with training providers, universities, corporations, and associations, effectively embedding these standards into various sectors.

By recruiting board members and volunteers as ambassadors, the institute actively engages the community in its mission, fostering a culture of innovation management. It has developed and regularly updates innovation standards and materials, ensuring they remain relevant and effective in a rapidly changing landscape.

Additionally, the institute plays a crucial role in professional development by reviewing applications for certification programs, administering tests, and issuing certificates to successful candidates. This structured approach to certification enhances the credibility and skill level of professionals in innovation management, ultimately contributing to improved practices across industries. Through these initiatives, the Global Innovation Management Institute Inc is leading the charge in institutionalizing innovation excellence and driving positive community improvement.




This information is meant to be a general summary of Global Innovation Management 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.

Revenue
$310,375 (2022)
Expenses
$348,484 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $310,375
  • Gross Receipts: $310,375

Assets and Liabilities:

  • Total Assets: $216,255
  • Total Liabilities: $129,353
  • Net Assets: $86,902

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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

$310,375

Organization Details

Founding Year

2010

Principal Officer

Hitendra Patel

Main Address

110 CAMBRIDGE ST, CAMBRIDGE, MA, 02141

NTEE Category

Code: S41 - Community improvement

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