Overview
What is Missouri Innovation Corporation?
Missouri Innovation Corporation is a nonprofit organization situated in Cape Girardeau, Missouri. Their primary mission is to support the Douglas C. Greene Center for Innovation and Entrepreneurship by offering IRP loans. These loans aim to address poverty and stimulate economic growth in rural areas by funding the establishment of revolving loan programs within local organizations. The goal is to boost employment opportunities in these communities. Missouri Innovation Corporation serves as a crucial resource for rural development, using financial aid to foster innovation and entrepreneurship.
Is Missouri Innovation Corporation legitimate?
Missouri Innovation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Innovation Corporation submitted a form 990EZ, 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.
What is the mission statement of Missouri Innovation Corporation?
Missouri Innovation Corporation assists in achieving the objectives of the Douglas C. Greene Center for Innovation and Entrepreneurship. Its primary mission is supported through IRP loans, aimed at reducing poverty, stimulating economic growth, and creating employment opportunities in rural areas. This is accomplished by funding local organizations to establish revolving loan programs. The corporation's goal is to bolster economic activity in these communities.
Who is the CEO of Missouri Innovation Corporation?
Carlos Vargas-Aburto is the Ceo of Missouri Innovation Corporation. The CEO's salary of Missouri Innovation Corporation is $0 and their total compensation is $0.
What is the revenue of Missouri Innovation Corporation?
Missouri Innovation Corporation's revenue in 2022 was $178.
Who are the executives of Missouri Innovation Corporation and what are their salaries?
Here are 8 key members and their salaries (Missouri Innovation Corporation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Missouri Innovation Corporation?
Missouri Innovation Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Missouri Innovation Corporation
Missouri Innovation Corporation, in its mission, supports the objectives and activities of the Douglas C. Greene Center for Innovation and Entrepreneurship. This organization plays a crucial role by offering IRP loans, with the primary goal of combating poverty, boosting economic activity, and increasing employment opportunities in rural communities. To achieve this, it provides financing to local organizations, enabling them to establish revolving loan programs. These loans serve as a catalyst for fostering growth and development within these communities. By providing access to capital, Missouri Innovation Corporation contributes to the establishment of sustainable businesses, ultimately leading to improved living standards and job creation.
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Impact
October, 2024
Missouri Innovation Corporation significantly impacts rural communities by fostering economic growth and employment opportunities. By providing IRP loans, it empowers local organizations to establish revolving loan programs that help alleviate poverty and stimulate economic activity. This approach not only enhances access to financial resources but also supports entrepreneurial efforts in these areas, creating a more robust economic landscape. Through its affiliation with the Douglas C. Greene Center for Innovation and Entrepreneurship, the corporation plays a vital role in nurturing innovation and education, contributing to the overall vitality of the Cape Girardeau region and beyond.
This information is meant to be a general summary of Missouri 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.
- Investment Income: $178
- Gross Receipts: $178
Assets and Liabilities:
- Total Assets: $47,585
- Total Liabilities: $8,774
- Net Assets: $38,811
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Organization Details
Phone
(573) 651-2175Principal Officer
Carlos Vargas-Aburto
Main Address
ONE UNIVERSITY PLAZA MS 3000, CAPE GIRARDEAU, MO, 63701
NTEE Category
Code: B11 - Education
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